Fedex (FDX) Debt to Equity (2009 - 2026)

Fedex's (FDX) quarterly Debt to Equity came in at $0.85 in Q1 2026, up 12.36% year-on-year from $0.75 in Q1 2025, and up 105.65% quarter-over-quarter from -$14.99 in Q4 2025.

Fedex (FDX) Debt to Equity (2009 - 2026) Analysis & Trends

Fedex has disclosed Debt to Equity across 18 years of filings, most recently posting $0.85 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.85, up 12.36% year-over-year; the trailing twelve-month figure through Feb 2026 was $0.85 (up 12.36% YoY), and the FY2025 annual result was $0.73, down 99.88% from the prior year.
  • Debt to Equity came in at $0.85 for Q1 2026 at Fedex, up from -$14.99 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $631.34 in Q2 2024 to a low of -$15.86 in Q4 2023.
  • The 5-year median for Debt to Equity is $0.79 (2023), against an average of $88.51.
  • Across the five-year window, Debt to Equity slumped 2348.53% in 2022 and jumped 79935.45% in 2024, its largest moves.
  • Fedex's Debt to Equity stood at $5.81 in 2022, then slumped by 373.19% to -$15.86 in 2023, then rose by 16.68% to -$13.22 in 2024, then retreated by 13.4% to -$14.99 in 2025, then surged by 105.65% to $0.85 in 2026.
  • The last three Debt to Equity figures came in at $0.85 (Q1 2026), -$14.99 (Q4 2025), and -$14.84 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 1.54
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 0.85
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn 0.36
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 0.79
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn -
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn -
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 1.05
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn -
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn -2.39
10 Cryoport 783.40 Mn 379.76 Mn 21.91 Mn 0.38

Historic Data

Download Data
DateValue
Feb 28, 2026 0.85
Nov 30, 2025 -14.99
Aug 31, 2025 -14.84
May 31, 2025 0.73
Feb 28, 2025 0.75
Nov 30, 2024 -13.22
Aug 31, 2024 332.56
May 31, 2024 631.34
Feb 29, 2024 0.77
Nov 30, 2023 -15.86
Aug 31, 2023 602.82
May 31, 2023 0.79
Feb 28, 2023 0.82
Nov 30, 2022 5.81
Aug 31, 2022 -15.26
May 31, 2022 0.81
Feb 28, 2022 0.84
Nov 30, 2021 -20.99
Aug 31, 2021 0.68
May 31, 2021 0.86