Fedex (FDX) Deferred Taxes (2009 - 2023)

Fedex has disclosed Deferred Taxes across 15 years of filings, most recently posting $699.0 million for Q4 2023.

• In Q4 2023, Deferred Taxes fell 14.23% year-over-year to $699.0 million; the TTM figure through Nov 2023 stood at $3.3 billion (up 17.92% YoY), while the FY2023 annual figure was $3.5 billion, up 18.46% from the prior year.
• Deferred Taxes came in at $699.0 million for Q4 2023 at Fedex, down from $728.0 million in the prior quarter.
• In the past five years, Deferred Taxes ranged from a high of $1.0 billion in Q2 2023 to a low of -$483.0 million in Q2 2019.
• Average Deferred Taxes over 5 years is $634.8 million, with a median of $713.5 million recorded in 2023.
• Year-over-year, Deferred Taxes plunged 170.72% in 2019 and soared 4142.86% in 2020.
• Over 5 years, Deferred Taxes stood at $470.0 million in 2019, then jumped by 102.34% to $951.0 million in 2020, then retreated by 12.83% to $829.0 million in 2021, then fell by 1.69% to $815.0 million in 2022, then dropped by 14.23% to $699.0 million in 2023.
• Per Business Quant data, the three most recent Deferred Taxes figures were $699.0 million in Q4 2023, $728.0 million in Q3 2023, and $1.0 billion in Q2 2023.