Fedex (FDX) Invested Capital (2009 - 2026)
Fedex (FDX) reported Invested Capital of $57.36 billion for fiscal Q4 2026 (quarter ended May 31, 2026), up 17.9% from $48.65 billion a year earlier and up 4.2% from the prior quarter.
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Analysis
Fedex (FDX) Invested Capital (2009 - 2026) Analysis & Trends
Dating back to fiscal Q4 2009, Fedex's Invested Capital record includes 66 quarters.
- Invested Capital has increased for seven consecutive fiscal years, with a five-year compound annual growth rate of 5.0% (FY2021 to FY2026).
- By fiscal year, Invested Capital came in at $48.65 billion in FY2025 (+1.8%), $47.79 billion in FY2024 (+2.4%), $46.67 billion in FY2023 (+3.2%) and $45.2 billion in FY2022 (+0.3%).
- The fiscal Q4 2026 figure ranks as the highest quarterly Invested Capital in data going back to fiscal Q4 2009.
- Year over year, Invested Capital has now increased in each of the last six quarters, with growth averaging 5.8% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was fiscal Q4 2026 (growth of 17.9%); the low point was fiscal Q2 2023 (a decline of 2.4%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $55.06 billion (Q3 2026), $49.34 billion (Q2 2026) and $48.95 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 175.18 Bn | 169.71 Bn | - | 51.00 Bn |
| 2 | Csx | 95.90 Bn | 92.10 Bn | - | 32.95 Bn |
| 3 | United Parcel Service | 85.78 Bn | 62.67 Bn | - | 39.58 Bn |
| 4 | Canadian Pacific Kansas City | 80.17 Bn | 79.19 Bn | - | 51.20 Bn |
| 5 | Norfolk Southern | 75.07 Bn | 69.71 Bn | - | 32.87 Bn |
| 6 | Fedex | 71.35 Bn | 37.30 Bn | - | 57.36 Bn |
| 7 | Delta Air Lines | 51.51 Bn | 33.69 Bn | - | 36.46 Bn |
| 8 | Old Dominion Freight Line | 39.80 Bn | 39.06 Bn | - | 4.57 Bn |
| 9 | United Airlines Holdings | 33.12 Bn | -23.26 Bn | - | 43.16 Bn |
| 10 | Ryanair Holdings | 28.28 Bn | 11.93 Bn | - | 10.87 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 57.36 Bn |
| Feb 28, 2026 | 55.06 Bn |
| Nov 30, 2025 | 49.34 Bn |
| Aug 31, 2025 | 48.95 Bn |
| May 31, 2025 | 48.65 Bn |
| Feb 28, 2025 | 46.85 Bn |
| Nov 30, 2024 | 46.49 Bn |
| Aug 31, 2024 | 47.46 Bn |
| May 31, 2024 | 47.79 Bn |
| Feb 29, 2024 | 46.56 Bn |
| Nov 30, 2023 | 47.29 Bn |
| Aug 31, 2023 | 47.03 Bn |
| May 31, 2023 | 46.67 Bn |
| Feb 28, 2023 | 45.00 Bn |
| Nov 30, 2022 | 44.36 Bn |
| Aug 31, 2022 | 45.20 Bn |
| May 31, 2022 | 45.20 Bn |
| Feb 28, 2022 | 45.04 Bn |
| Nov 30, 2021 | 45.44 Bn |
| Aug 31, 2021 | 45.00 Bn |
API Access
Fedex Invested Capital 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=invested-capital&ticker=FDX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=FDX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();