Fedex (FDX) Free Cash Flow (2009 - 2026)
Fedex (FDX) posted Free Cash Flow of $1.8 billion for Q2 2026, up 72.54% sequentially from $1.0 billion in Q1 2026, and up 71.22% YoY from $1.0 billion in Q2 2025.
Fedex (FDX) Free Cash Flow (2009 - 2026) Analysis & Trends
Fedex has reported Free Cash Flow for 18 years, with the latest figure at $1.8 billion in Q2 2026.
- Quarterly Free Cash Flow rose 71.22% year-over-year to $1.8 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $5.1 billion (up 71.62% YoY) and the FY2026 annual result came in at $5.1 billion, up 71.62% from the prior year.
- Free Cash Flow improved to $1.8 billion in Q2 2026 per FDX's latest filing, from $1.0 billion in the prior quarter.
- Over five years, Free Cash Flow peaked at $1.8 billion in Q2 2026 and troughed at -$340.0 million in Q4 2022.
- A 5-year average of $890.9 million and a median of $1.0 billion in 2022 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2022 and 2025: Free Cash Flow tumbled 180.0% in 2022, then surged 339.39% in 2025.
- Over 5 years, Free Cash Flow stood at -$340.0 million in 2022, then soared by 237.94% to $469.0 million in 2023, then climbed by 6.61% to $500.0 million in 2024, then soared by 138.8% to $1.2 billion in 2025, then jumped by 50.0% to $1.8 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $1.8 billion, $1.0 billion, and $1.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 86.89 Bn | 82.23 Bn | 19.65 Bn | 166.00 Mn |
| 2 | Fedex | 77.23 Bn | 63.91 Bn | 18.84 Bn | 1.79 Bn |
| 3 | Hunt J B Transport Services | 25.91 Bn | 25.90 Bn | - | 253.32 Mn |
| 4 | Expeditors International Of Washington | 24.62 Bn | 23.58 Bn | 1.09 Bn | 166.65 Mn |
| 5 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn | 402.66 Mn |
| 6 | C. H. Robinson Worldwide | 16.77 Bn | 16.62 Bn | 1.11 Bn | 22.64 Mn |
| 7 | Landstar System | 6.33 Bn | 5.98 Bn | 308.86 Mn | -53.30 Mn |
| 8 | GXO Logistics | 5.25 Bn | 4.48 Bn | 508.00 Mn | 11.00 Mn |
| 9 | Pitney Bowes | 2.24 Bn | 1.96 Bn | 296.14 Mn | 134.43 Mn |
| 10 | Cryoport | 867.62 Mn | 470.92 Mn | 22.82 Mn | -7.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 1.79 Bn |
| May 31, 2026 | 1.79 Bn |
| Feb 28, 2026 | 1.04 Bn |
| Feb 28, 2026 | 1.04 Bn |
| Nov 30, 2025 | 1.19 Bn |
| Nov 30, 2025 | 1.19 Bn |
| Aug 31, 2025 | 1.09 Bn |
| Aug 31, 2025 | 1.09 Bn |
| May 31, 2025 | 1.05 Bn |
| May 31, 2025 | 1.05 Bn |
| Feb 28, 2025 | 1.02 Bn |
| Feb 28, 2025 | 1.02 Bn |
| Nov 30, 2024 | 500.00 Mn |
| Nov 30, 2024 | 500.00 Mn |
| Aug 31, 2024 | 420.00 Mn |
| Aug 31, 2024 | 420.00 Mn |
| May 31, 2024 | 1.50 Bn |
| May 31, 2024 | 1.50 Bn |
| Feb 29, 2024 | 231.00 Mn |
| Feb 29, 2024 | 231.00 Mn |