FedEx (FDX) Current Ratio: 1.47 (As of Feb. 2026) — Near Median


FDX FedEx Corp FDX
83 GF Score
Price $317.06
GF Value $231.61
Valuation Significantly Overvalued
! 8 Warning Signs
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What is FedEx Current Ratio?

FedEx FDX -0.06% 83 Current Ratio is 1.47 as of Feb. 2026, which is 4% above its 10-year median of 1.42. GuruFocus rates FDX with a GF Score™ of 83/100 and a GF Value™ of $231.61 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,010 Transportation companies, FedEx ranks better than 50% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. FedEx's current ratio for the quarter that ended in Feb. 2026 was 1.47.

FedEx has a current ratio of 1.47. It generally indicates good short-term financial strength.

The historical rank and industry rank for FedEx's Current Ratio or its related term are showing as below:

FDX' s Current Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.42   Max: 1.76
Current: 1.47

During the past 13 years, FedEx's highest Current Ratio was 1.76. The lowest was 1.19. And the median was 1.42.

FDX's Current Ratio is ranked better than
50% of 1010 companies
in the Transportation industry
Industry Median: 1.47 vs FDX: 1.47

FedEx  (NYSE:FDX) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


FedEx Current Ratio Related Terms


FedEx Current Ratio Historical Data

* Premium members only.

The historical data trend for FedEx's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

FedEx Current Ratio Chart

FedEx Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.43 1.37 1.36 1.19

FedEx Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.24 1.19 1.25 1.27 1.47

FDX vs UPS, JBHT, FDXFw: Current Ratio Comparison

For the Integrated Freight & Logistics subindustry, FedEx's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FedEx Current Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, FedEx's Current Ratio distribution charts can be found below:

* The bar in red indicates where FedEx's Current Ratio falls into.


FDX
83GF Score
FedEx Corp FDX
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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FedEx Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

FedEx's Current Ratio for the fiscal year that ended in May. 2025 is calculated as

Current Ratio (A: May. 2025 )=Total Current Assets (A: May. 2025 )/Total Current Liabilities (A: May. 2025 )
=18386/15411
=1.19

FedEx's Current Ratio for the quarter that ended in Feb. 2026 is calculated as

Current Ratio (Q: Feb. 2026 )=Total Current Assets (Q: Feb. 2026 )/Total Current Liabilities (Q: Feb. 2026 )
=25477/17287
=1.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.47 mean?
FedEx (FDX) has a Current Ratio of 1.47 as of Feb. 2026. This is near median its historical median of 1.42. Over the past decade, FedEx's Current Ratio has ranged from 1.19 to 1.76. According to the industry distribution chart, FedEx ranks #505 out of 1010 companies in the Transportation industry, placing it in the top 50%.
Is FedEx's Current Ratio too high?
FedEx's current Current Ratio of 1.47 is near median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 1.76. The Transportation industry median Current Ratio is 1.47. FedEx's value of 1.47 is 0% at this industry median. Based on the distribution chart, FedEx ranks #505 out of 1010 companies in the Transportation industry, which is above the industry midpoint. Overall, FedEx has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FedEx's Current Ratio compare to UPS and JBHT?
According to the Transportation industry distribution chart, FedEx ranks #505 out of 1010 companies for Current Ratio. This puts FedEx in the upper half of its industry. The industry median Current Ratio is 1.47. FedEx's value of 1.47 is 0% at this benchmark. Historically, FedEx's own Current Ratio has ranged from 1.19 to 1.76 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.47, FedEx has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Transportation company?
The median Current Ratio among Transportation companies is 1.47, based on 1,010 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FedEx's current Current Ratio of 1.47 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Current Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FedEx's current Current Ratio is 1.47, which is near median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FedEx stock overvalued right now?
Based on GuruFocus' analysis, FedEx (FDX) is currently considered Significantly Overvalued. The stock's GF Value™ is $231.61, compared to a current price of $317.06 — trading 36.9% above its estimated fair value. The current Current Ratio is 1.47, which is near median its 10-year median of 1.42 and 0% at the Transportation industry median of 1.47. FedEx's overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For FedEx (FDX), the current Current Ratio is 1.47 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is FedEx (FDX) Overvalued in 2026?

Based on GuruFocus' analysis, FedEx stock appears to be overvalued. The current stock price of $317.06 is trading 36.9% above its estimated GF Value™ of $231.61. GuruFocus considers FedEx to be Significantly Overvalued.

Key valuation signals for FDX:

  • Current Ratio: 1.47 (near median its 10-year median of 1.42)
  • GF Value™: $231.61 vs. price of $317.06 (36.9% above fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 0% at the Transportation median (#505 of 1010)

No single metric tells the full story. See the FDX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FedEx Business Description

Address 942 South Shady Grove Road, Memphis, TN, USA, 38120
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. Following the June 2026 spinoff of FedEx Freight (less-than-truckload shipping), the firm's Federal Express segment—which houses the core package delivery operations—makes up more than 95% of total revenue (previously 87%). The remainder stems from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.
83GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$317.06
Price
$231.61
GF Value