FedEx Corporation (FDX) — Net Asset Quality Index

Latest as of February 2026: 31.5%

FedEx Corporation (FDX) has a Net Asset Quality Index of 31.5% as of February 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $94.73 Billion minus total liabilities of $64.93 Billion yields net assets of $29.80 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check FDX asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

31.5%
Equity / Total Assets

Net Assets

$29.80 Billion
USD

Total Assets

$94.73 Billion
USD

Total Liabilities

$64.93 Billion
USD

FedEx Corporation Net Asset Quality Index Over Time (1986–2025)

This chart shows how FedEx Corporation's Net Asset Quality Index has evolved across 40 annual periods from 1986 to 2025. As of February 2026, the index stands at 31.5%, representing net assets of $29.80 Billion against total assets of $94.73 Billion USD. See working capital position of FedEx Corporation to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for FedEx Corporation (1986–2025)

The table below presents the year-by-year Net Asset Quality Index for FedEx Corporation from 1986 to 2025, covering 40 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see FedEx Corporation stock valuation.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 32.0% $28.07 Billion $87.63 Billion $59.55 Billion ▲ +0.3 pp
2024 31.7% $27.58 Billion $87.01 Billion $59.42 Billion ▲ +1.8 pp
2023 29.9% $26.05 Billion $87.11 Billion $61.05 Billion ▲ +0.9 pp
2022 29.0% $24.94 Billion $85.99 Billion $61.05 Billion ▼ -0.2 pp
2021 29.2% $24.17 Billion $82.78 Billion $58.61 Billion ▲ +4.3 pp
2020 24.9% $18.30 Billion $73.54 Billion $55.24 Billion ▼ -7.8 pp
2019 32.6% $17.76 Billion $54.40 Billion $36.65 Billion ▼ -4.5 pp
2018 37.1% $19.42 Billion $52.33 Billion $32.91 Billion ▲ +4.0 pp
2017 33.1% $16.07 Billion $48.55 Billion $32.48 Billion ▲ +3.2 pp
2016 29.9% $13.78 Billion $46.06 Billion $32.28 Billion ▼ -10.5 pp
2015 40.4% $14.99 Billion $37.07 Billion $22.08 Billion ▼ -5.7 pp
2014 46.2% $15.28 Billion $33.07 Billion $17.79 Billion ▼ -5.6 pp
2013 51.8% $17.40 Billion $33.57 Billion $16.17 Billion ▲ +2.6 pp
2012 49.2% $14.73 Billion $29.90 Billion $15.18 Billion ▼ -6.3 pp
2011 55.6% $15.22 Billion $27.39 Billion $12.16 Billion ▲ +0.1 pp
2010 55.5% $13.81 Billion $24.90 Billion $11.09 Billion ▼ -0.7 pp
2009 56.2% $13.63 Billion $24.24 Billion $10.62 Billion ▼ -0.5 pp
2008 56.7% $14.53 Billion $25.63 Billion $11.11 Billion ▲ +3.9 pp
2007 52.7% $12.66 Billion $24.00 Billion $11.34 Billion ▲ +2.0 pp
2006 50.7% $11.51 Billion $22.69 Billion $11.18 Billion ▲ +3.7 pp
2005 47.0% $9.59 Billion $20.40 Billion $10.82 Billion ▲ +5.0 pp
2004 42.0% $8.04 Billion $19.13 Billion $11.10 Billion ▼ -5.4 pp
2003 47.4% $7.29 Billion $15.38 Billion $8.10 Billion ▼ 0.0 pp
2002 47.4% $6.54 Billion $13.81 Billion $7.27 Billion ▲ +3.2 pp
2001 44.2% $5.90 Billion $13.34 Billion $7.44 Billion ▲ +2.7 pp
2000 41.5% $4.79 Billion $11.53 Billion $6.74 Billion ▼ -2.3 pp
1999 43.8% $4.66 Billion $10.65 Billion $5.98 Billion ▲ +2.9 pp
1998 40.9% $3.96 Billion $9.69 Billion $5.72 Billion ▲ +2.2 pp
1997 38.7% $3.50 Billion $9.04 Billion $5.54 Billion ▲ +0.3 pp
1996 38.5% $2.58 Billion $6.70 Billion $4.12 Billion ▲ +3.5 pp
1995 34.9% $2.25 Billion $6.43 Billion $4.19 Billion ▲ +2.8 pp
1994 32.1% $1.92 Billion $5.99 Billion $4.07 Billion ▲ +3.3 pp
1993 28.9% $1.67 Billion $5.79 Billion $4.12 Billion ▼ -0.1 pp
1992 28.9% $1.58 Billion $5.46 Billion $3.88 Billion ▼ -0.5 pp
1991 29.4% $1.67 Billion $5.67 Billion $4.00 Billion ▲ +0.4 pp
1990 29.1% $1.65 Billion $5.68 Billion $4.03 Billion ▲ +0.8 pp
1989 28.2% $1.49 Billion $5.29 Billion $3.80 Billion ▼ -16.0 pp
1988 44.2% $1.33 Billion $3.01 Billion $1.68 Billion ▲ +1.1 pp
1987 43.2% $1.08 Billion $2.50 Billion $1.42 Billion ▼ -4.8 pp
1986 48.0% $1.09 Billion $2.28 Billion $1.18 Billion
pp = percentage points