Fedex (FDX) Net Long-Term Debt Issued (Repaid) (2009 - 2026)
Fedex (FDX) reported Non-Current Debt of $23.29 billion for fiscal Q4 2026 (quarter ended May 31, 2026), up 21.6% from $19.15 billion a year earlier and up 2.0% from the prior quarter.
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Analysis
Fedex (FDX) Net Long-Term Debt Issued (Repaid) (2009 - 2026) Analysis & Trends
Dating back to fiscal Q4 2009, Fedex's Non-Current Debt record includes 66 quarters.
- Non-Current Debt has a five-year compound annual growth rate of 2.4% (FY2021 to FY2026).
- By fiscal year, Non-Current Debt came in at $19.15 billion in FY2025 (-4.9%), $20.14 billion in FY2024 (-1.6%), $20.45 billion in FY2023 (+1.3%) and $20.18 billion in FY2022 (-2.7%).
- The fiscal Q4 2026 figure ranks as the highest quarterly Non-Current Debt in data going back to fiscal Q4 2009.
- Year over year, Non-Current Debt has now increased in each of the last four quarters, with growth averaging 4.0% over the last eight quarters.
- The high point for year-over-year Non-Current Debt in five years was fiscal Q4 2026 (growth of 21.6%); the low point was fiscal Q2 2022 (a decline of 12.2%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $22.83 billion (Q3 2026), $20.29 billion (Q2 2026) and $20.29 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 176.01 Bn | 168.25 Bn | - | -13.00 Mn |
| 2 | Csx | 93.62 Bn | 88.85 Bn | - | -1.00 Mn |
| 3 | United Parcel Service | 92.85 Bn | 69.67 Bn | - | 822.00 Mn |
| 4 | Canadian Pacific Kansas City | 82.31 Bn | 81.35 Bn | - | -4.29 Mn |
| 5 | Fedex | 74.59 Bn | 40.78 Bn | - | -735.00 Mn |
| 6 | Norfolk Southern | 72.94 Bn | 67.40 Bn | - | -11.00 Mn |
| 7 | Delta Air Lines | 59.87 Bn | 42.05 Bn | - | -1.23 Bn |
| 8 | United Airlines Holdings | 39.08 Bn | -18.61 Bn | - | -135.00 Mn |
| 9 | Old Dominion Freight Line | 34.91 Bn | 33.76 Bn | - | - |
| 10 | Ryanair Holdings | 32.51 Bn | -871.89 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -735.00 Mn |
| Feb 28, 2026 | 3.63 Bn |
| Nov 30, 2025 | -16.00 Mn |
| Aug 31, 2025 | 372.00 Mn |
| May 31, 2025 | -68.00 Mn |
| Feb 28, 2025 | -42.00 Mn |
| Nov 30, 2024 | -13.00 Mn |
| Aug 31, 2024 | -34.00 Mn |
| May 31, 2024 | -4.00 Mn |
| Feb 29, 2024 | -49.00 Mn |
| Nov 30, 2023 | -28.00 Mn |
| Aug 31, 2023 | -66.00 Mn |
| May 31, 2023 | -29.00 Mn |
| Feb 28, 2023 | -91.00 Mn |
| Nov 30, 2022 | -3.00 Mn |
| Aug 31, 2022 | -29.00 Mn |
| May 31, 2022 | -48.00 Mn |
| Feb 28, 2022 | -41.00 Mn |
| Nov 30, 2021 | -8.00 Mn |
| Aug 31, 2021 | -64.00 Mn |
API Access
Fedex Net Long-Term Debt Issued (Repaid) 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=non-current-debt&ticker=FDX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=FDX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();