Fedex (FDX) Debt Ratio (2009 - 2026)
Fedex's (FDX) Debt Ratio stood at 0.26 in fiscal Q4 2026 (quarter ended May 31, 2026), up 10.7% from 0.23 a year earlier but down 2.5% from the prior quarter.
Analysis
Fedex (FDX) Debt Ratio (2009 - 2026) Analysis & Trends
Starting with fiscal Q4 2009, Fedex's Debt Ratio history includes 66 quarters.
- Across earlier fiscal years, Debt Ratio came in at 0.23 in FY2025 (+1.1%), 0.23 in FY2024 (-1.7%), 0.24 in FY2023 (+0.2%) and 0.24 in FY2022 (-6.6%).
- Quarterly Debt Ratio has ranged from 0.23 in fiscal Q4 2024 to 0.27 in fiscal Q3 2026 over the past five years.
- On a year-over-year basis, Debt Ratio has increased for seven consecutive quarters, with growth averaging 3.7% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 12.6% in fiscal Q3 2026, against a decline of 16.0% in fiscal Q1 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.27 (Q3 2026), 0.24 (Q2 2026) and 0.24 (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 0.43 |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 0.42 |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 0.28 |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | 0.34 |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | 0.37 |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 0.26 |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | 0.17 |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | 0.00 |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | 0.00 |
| 10 | Copart | 25.14 Bn | 9.56 Bn | 645.66 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 0.26 |
| Feb 28, 2026 | 0.27 |
| Nov 30, 2025 | 0.24 |
| Aug 31, 2025 | 0.24 |
| May 31, 2025 | 0.23 |
| Feb 28, 2025 | 0.24 |
| Nov 30, 2024 | 0.23 |
| Aug 31, 2024 | 0.23 |
| May 31, 2024 | 0.23 |
| Feb 29, 2024 | 0.23 |
| Nov 30, 2023 | 0.23 |
| Aug 31, 2023 | 0.23 |
| May 31, 2023 | 0.24 |
| Feb 28, 2023 | 0.24 |
| Nov 30, 2022 | 0.24 |
| Aug 31, 2022 | 0.23 |
| May 31, 2022 | 0.24 |
| Feb 28, 2022 | 0.24 |
| Nov 30, 2021 | 0.24 |
| Aug 31, 2021 | 0.25 |
API Access
Fedex Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=FDX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "FDX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=FDX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();