FedEx Corporation Tangible Net Worth Ratio
FedEx Corporation tangible net worth ratio. FedEx Corporation (FDX) has a Tangible Net Worth Ratio of 100.0% as of February 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($29.80 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset growth rate of FedEx Corporation to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of FedEx Corporation (1986–2025)
Tangible net worth ratio of FedEx Corporation from 1986 to 2025. This chart shows how FedEx Corporation's Tangible Net Worth Ratio has changed across 40 annual periods from 1986 to 2025. As of February 2026, the ratio stands at 100.0%, reflecting net assets of $29.80 Billion with intangible assets of $0.00 USD. Check FedEx Corporation (FDX) strategic investment index to assess the company's strategic physical and investment asset allocation.
FedEx Corporation Tangible Net Worth Ratio by Year (1986–2025)
FedEx Corporation tangible net worth ratio by year from 1986 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for FedEx Corporation from 1986 to 2025, covering 40 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market cap of FedEx Corporation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.3% | $28.07 Billion | $205.00 Million | $87.63 Billion | ▼ -0.1 pp |
| 2024 | 99.3% | $27.58 Billion | $181.00 Million | $87.01 Billion | ▲ +0.2 pp |
| 2023 | 99.1% | $26.05 Billion | $234.00 Million | $87.11 Billion | ▲ +0.3 pp |
| 2022 | 98.8% | $24.94 Billion | $301.00 Million | $85.99 Billion | ▲ +0.2 pp |
| 2021 | 98.5% | $24.17 Billion | $352.00 Million | $82.78 Billion | ▲ +0.3 pp |
| 2020 | 98.2% | $18.30 Billion | $322.00 Million | $73.54 Billion | ▲ +0.6 pp |
| 2019 | 97.7% | $17.76 Billion | $416.00 Million | $54.40 Billion | ▲ +0.1 pp |
| 2018 | 97.5% | $19.42 Billion | $480.00 Million | $52.33 Billion | ▲ +0.8 pp |
| 2017 | 96.7% | $16.07 Billion | $529.00 Million | $48.55 Billion | ▲ +4.0 pp |
| 2016 | 92.7% | $13.78 Billion | $1.01 Billion | $46.06 Billion | ▼ -5.9 pp |
| 2015 | 98.6% | $14.99 Billion | $207.00 Million | $37.07 Billion | ▼ -1.0 pp |
| 2014 | 99.6% | $15.28 Billion | $57.00 Million | $33.07 Billion | ▲ +0.0 pp |
| 2013 | 99.6% | $17.40 Billion | $72.00 Million | $33.57 Billion | ▲ +16.0 pp |
| 2012 | 83.6% | $14.73 Billion | $2.42 Billion | $29.90 Billion | ▼ -0.9 pp |
| 2011 | 84.5% | $15.22 Billion | $2.36 Billion | $27.39 Billion | ▲ +0.9 pp |
| 2010 | 83.6% | $13.81 Billion | $2.27 Billion | $24.90 Billion | ▼ -7.8 pp |
| 2009 | 91.4% | $13.63 Billion | $1.17 Billion | $24.24 Billion | ▼ -2.3 pp |
| 2008 | 93.7% | $14.53 Billion | $919.00 Million | $25.63 Billion | ▲ +3.5 pp |
| 2007 | 90.2% | $12.66 Billion | $1.24 Billion | $24.00 Billion | ▲ +1.4 pp |
| 2006 | 88.9% | $11.51 Billion | $1.28 Billion | $22.69 Billion | ▲ +3.3 pp |
| 2005 | 85.6% | $9.59 Billion | $1.39 Billion | $20.40 Billion | ▲ +0.5 pp |
| 2004 | 85.1% | $8.04 Billion | $1.20 Billion | $19.13 Billion | ▲ +0.8 pp |
| 2003 | 84.3% | $7.29 Billion | $1.14 Billion | $15.38 Billion | ▲ +1.9 pp |
| 2002 | 82.4% | $6.54 Billion | $1.15 Billion | $13.81 Billion | ▲ +1.0 pp |
| 2001 | 81.3% | $5.90 Billion | $1.10 Billion | $13.34 Billion | ▼ -8.2 pp |
| 2000 | 89.5% | $4.79 Billion | $500.55 Million | $11.53 Billion | ▼ -10.5 pp |
| 1999 | 100.0% | $4.66 Billion | $0.00 | $10.65 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | $3.96 Billion | $0.00 | $9.69 Billion | ▲ +10.6 pp |
| 1997 | 89.4% | $3.50 Billion | $370.30 Million | $9.04 Billion | ▲ +4.2 pp |
| 1996 | 85.2% | $2.58 Billion | $380.70 Million | $6.70 Billion | ▲ +2.9 pp |
| 1995 | 82.3% | $2.25 Billion | $397.30 Million | $6.43 Billion | ▲ +3.9 pp |
| 1994 | 78.4% | $1.92 Billion | $415.20 Million | $5.99 Billion | ▲ +4.3 pp |
| 1993 | 74.1% | $1.67 Billion | $432.20 Million | $5.79 Billion | ▲ +5.0 pp |
| 1992 | 69.1% | $1.58 Billion | $487.80 Million | $5.46 Billion | ▲ +0.4 pp |
| 1991 | 68.8% | $1.67 Billion | $521.10 Million | $5.67 Billion | ▲ +4.5 pp |
| 1990 | 64.3% | $1.65 Billion | $588.90 Million | $5.68 Billion | ▲ +4.1 pp |
| 1989 | 60.2% | $1.49 Billion | $593.90 Million | $5.29 Billion | ▼ -39.8 pp |
| 1988 | 100.0% | $1.33 Billion | $0.00 | $3.01 Billion | ▲ +0.0 pp |
| 1987 | 100.0% | $1.08 Billion | $0.00 | $2.50 Billion | ▲ +0.0 pp |
| 1986 | 100.0% | $1.09 Billion | $0.00 | $2.28 Billion | — |