Fedex FDX
NYSE FDX
$309.26 -4.87 (-1.55%)
As of: Sep 9, 2026 · 3:59 PM EDT

Fedex (FDX) FCF Margin (2009 - 2026)

Fedex's (FDX) quarterly FCF Margin came in at 7.16% in Q2 2026, up 245.0% year-over-year from 2.08% in Q2 2025, and up 65.6% quarter-over-quarter from 4.32% in Q1 2026.

Analysis

Fedex (FDX) FCF Margin (2009 - 2026) Analysis & Trends

Fedex has disclosed FCF Margin across 18 years of filings, most recently posting 7.16% for Q2 2026.

  • In Q2 2026, FCF Margin rose 245.0% year-over-year to 7.16%; the TTM figure through May 2026 stood at 5.4% (up 201.0% YoY), while the FY2026 annual figure was 5.4%, up 201.0% from the prior year.
  • FCF Margin came in at 7.16% for Q2 2026 at Fedex, up from 4.32% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 7.72% in Q2 2023 to a low of 1.49% in Q4 2022.
  • Average FCF Margin over 5 years is 3.9%, with a median of 4.42% recorded in 2023.
  • Year-over-year, FCF Margin soared 361 bps in 2023 and sank 344 bps in 2024.
  • Over 5 years, FCF Margin stood at 1.49% in 2022, then surged by 242 bps to 2.12% in 2023, then rose by 8 bps to 2.28% in 2024, then soared by 124 bps to 5.09% in 2025, then surged by 41 bps to 7.16% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 7.16% in Q2 2026, 4.32% in Q1 2026, and 5.09% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 United Parcel Service 84.59 Bn 79.94 Bn 19.65 Bn 0.73%
2 Fedex 73.62 Bn 60.31 Bn 18.84 Bn 7.16%
3 ZTO Express (Cayman) 16.53 Bn 11.93 Bn 550.21 Mn 31.25%
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 7.16%
Feb 28, 2026 4.33%
Nov 30, 2025 5.09%
Aug 31, 2025 4.91%
May 31, 2025 4.71%
Feb 28, 2025 4.58%
Nov 30, 2024 2.28%
Aug 31, 2024 1.95%
May 31, 2024 6.77%
Feb 29, 2024 1.06%
Nov 30, 2023 2.12%
Aug 31, 2023 4.34%
May 31, 2023 7.72%
Feb 28, 2023 4.50%
Nov 30, 2022 -1.49%
Aug 31, 2022 1.39%
May 31, 2022 4.58%
Feb 28, 2022 4.28%
Nov 30, 2021 1.81%
Aug 31, 2021 2.34%