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FedEx (LIM:FDX) Short-Term Capital Lease Obligation : $2,524 Mil (As of Feb. 2025)


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What is FedEx Short-Term Capital Lease Obligation?

FedEx's Short-Term Capital Lease Obligation for the quarter that ended in Feb. 2025 was $2,524 Mil.

FedEx's quarterly Short-Term Capital Lease Obligation increased from Aug. 2024 ($2,510 Mil) to Nov. 2024 ($2,536 Mil) but then declined from Nov. 2024 ($2,536 Mil) to Feb. 2025 ($2,524 Mil).

FedEx's annual Short-Term Capital Lease Obligation declined from May. 2022 ($2,475 Mil) to May. 2023 ($2,390 Mil) but then increased from May. 2023 ($2,390 Mil) to May. 2024 ($2,463 Mil).


FedEx Short-Term Capital Lease Obligation Historical Data

The historical data trend for FedEx's Short-Term Capital Lease Obligation 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.

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FedEx Short-Term Capital Lease Obligation Chart

FedEx Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Short-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,974.00 2,304.00 2,475.00 2,390.00 2,463.00

FedEx Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Short-Term Capital Lease Obligation 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 2,447.00 2,463.00 2,510.00 2,536.00 2,524.00

FedEx Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.


FedEx Short-Term Capital Lease Obligation Related Terms

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FedEx Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FedEx Corp (LIM:FDX) » Definitions » Short-Term Capital Lease Obligation
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.