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Fedex (FDX) Operating Leases (2019 - 2026)

Fedex's Operating Leases history spans 6 years, with the latest figure at $14.0 billion for Q4 2025.

  • For Q4 2025, Operating Leases fell 5.19% year-over-year to $14.0 billion; the TTM value through Nov 2025 reached $14.0 billion, down 5.19%, while the annual FY2025 figure was $14.3 billion, 5.19% down from the prior year.
  • Operating Leases for Q4 2025 was $14.0 billion at Fedex, down from $14.1 billion in the prior quarter.
  • Across five years, Operating Leases topped out at $15.4 billion in Q1 2023 and bottomed at $13.0 billion in Q1 2021.
  • The 5-year median for Operating Leases is $14.6 billion (2022), against an average of $14.5 billion.
  • The largest annual shift saw Operating Leases grew 12.97% in 2022 before it dropped 5.53% in 2025.
  • A 5-year view of Operating Leases shows it stood at $14.0 billion in 2021, then rose by 9.57% to $15.3 billion in 2022, then fell by 0.44% to $15.2 billion in 2023, then fell by 3.34% to $14.7 billion in 2024, then fell by 5.19% to $14.0 billion in 2025.
  • Per Business Quant, the three most recent readings for FDX's Operating Leases are $14.0 billion (Q4 2025), $14.1 billion (Q3 2025), and $14.3 billion (Q2 2025).