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FedEx (FDX) Debt-to-Equity : 1.33 (As of May. 2025)


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What is FedEx Debt-to-Equity?

FedEx's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2025 was $3,993 Mil. FedEx's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2025 was $33,423 Mil. FedEx's Total Stockholders Equity for the quarter that ended in May. 2025 was $28,074 Mil. FedEx's debt to equity for the quarter that ended in May. 2025 was 1.33.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for FedEx's Debt-to-Equity or its related term are showing as below:

FDX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.85   Med: 1.35   Max: 1.97
Current: 1.33

During the past 13 years, the highest Debt-to-Equity Ratio of FedEx was 1.97. The lowest was 0.85. And the median was 1.35.

FDX's Debt-to-Equity is ranked worse than
79.69% of 896 companies
in the Transportation industry
Industry Median: 0.515 vs FDX: 1.33

FedEx Debt-to-Equity Historical Data

The historical data trend for FedEx's Debt-to-Equity 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.

* Premium members only.

FedEx Debt-to-Equity Chart

FedEx Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.49 1.47 1.37 1.33

FedEx Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
Debt-to-Equity 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 1.37 1.39 1.41 1.39 1.33

Competitive Comparison of FedEx's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, FedEx's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, FedEx's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where FedEx's Debt-to-Equity falls into.


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FedEx Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

FedEx's Debt to Equity Ratio for the quarter that ended in May. 2025 is calculated as

* 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  (NYSE:FDX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


FedEx Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of FedEx's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


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. In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder came 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.
Executives
Frederick W Smith director, officer: CHAIRMAN OF THE BOARD 942 S SHADY GROVE RD, MEMPHIS TN 38120
John Alan Smith officer: President & CEO/FedEx Freight 1715 AARON BRENNER DRIVE, MEMPHIS TN 38120
Susan C Schwab director 2101 VAN MUNCHING HALL, COLLEGE PARK MD 20742
Richard W Smith officer: President/CEO FedEx Express 3610 HACKS CROSS ROAD, BUILDING A 3RD FLOOR, MEMPHIS TN 38125
John W Dietrich officer: EVP CHIEF FINANCIAL OFF
Amy B Lane director 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Brie Carere officer: EVP/Chief Mkt & Comm Officer 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Sriram Krishnasamy officer: EVP - CTO & CEO Dataworks 1715 AARON BRENNER DRIVE, MEMPHIS TN 38120
Marvin R Ellison director 1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Erwin Guy M Ii officer: STAFF VP INT PRIN ACCT OFFICER 942 S SHADY GROVE ROAD, MEMPHIS TN 38120
David P Steiner director 1001 FANNIN ST, STE 4000, HOUSTON TX 77002
Mark R Allen officer: EVP GENL COUNSEL/SECTY 942 SOUTH SHADY GROVE RD, MEMPHIS TN 38120
Robert B Carter officer: EVP CHIEF INFO OFFICER 942 S SHADY GROVE RD, MEMPHIS TN 38120
Paul S Walsh director 8 HENRIETTA PLACE, LONDON X0 94111
Tracy B Brightman officer: EVP - Chief People Officer 942 S SHADY GROVE ROAD, MEMPHIS TN 38120