Fedex (FDX) Operating Leases (2019 - 2026)
Fedex (FDX) posted Operating Leases of $14.5 billion for Q2 2026, down 13.24% sequentially from $16.8 billion in Q1 2026, and up 1.94% YoY from $14.3 billion in Q2 2025.
Fedex (FDX) Operating Leases (2019 - 2026) Analysis & Trends
Fedex has reported Operating Leases for 8 years, with the latest figure at $14.5 billion in Q2 2026.
- Quarterly Operating Leases rose 1.94% year-over-year to $14.5 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $14.5 billion (up 1.94% YoY) and the FY2026 annual result came in at $14.5 billion, up 1.94% from the prior year.
- Operating Leases slipped to $14.5 billion in Q2 2026 per FDX's latest filing, from $16.8 billion in the prior quarter.
- Over five years, Operating Leases peaked at $16.8 billion in Q1 2026 and troughed at $14.0 billion in Q4 2025.
- A 5-year average of $15.0 billion and a median of $15.0 billion in 2024 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2025 and 2026: Operating Leases retreated 5.19% in 2025, then rose 16.73% in 2026.
- Over 5 years, Operating Leases stood at $15.3 billion in 2022, then retreated by 0.44% to $15.2 billion in 2023, then dropped by 3.34% to $14.7 billion in 2024, then retreated by 5.19% to $14.0 billion in 2025, then climbed by 4.29% to $14.5 billion in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $14.5 billion, $16.8 billion, and $14.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Parcel Service | 87.24 Bn | 82.59 Bn | 19.65 Bn |
| 2 | Fedex | 77.35 Bn | 64.04 Bn | 18.84 Bn |
| 3 | Hunt J B Transport Services | 25.86 Bn | 25.86 Bn | - |
| 4 | Expeditors International Of Washington | 24.43 Bn | 23.40 Bn | 1.09 Bn |
| 5 | C. H. Robinson Worldwide | 17.04 Bn | 16.89 Bn | 1.11 Bn |
| 6 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn |
| 7 | Landstar System | 6.19 Bn | 5.84 Bn | 308.86 Mn |
| 8 | GXO Logistics | 5.22 Bn | 4.45 Bn | 508.00 Mn |
| 9 | Pitney Bowes | 2.21 Bn | 1.93 Bn | 296.14 Mn |
| 10 | Cryoport | 842.14 Mn | 445.45 Mn | 22.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 14.55 Bn |
| Feb 28, 2026 | 16.77 Bn |
| Nov 30, 2025 | 13.95 Bn |
| Aug 31, 2025 | 16.73 Bn |
| May 31, 2025 | 14.27 Bn |
| Feb 28, 2025 | 14.37 Bn |
| Nov 30, 2024 | 14.71 Bn |
| Aug 31, 2024 | 14.97 Bn |
| May 31, 2024 | 15.05 Bn |
| Feb 29, 2024 | 14.88 Bn |
| Nov 30, 2023 | 15.22 Bn |
| Aug 31, 2023 | 15.34 Bn |
| May 31, 2023 | 15.36 Bn |
| Feb 28, 2023 | 15.37 Bn |
| Nov 30, 2022 | 15.29 Bn |
| Aug 31, 2022 | 15.12 Bn |
| May 31, 2022 | 14.49 Bn |
| Feb 28, 2022 | 14.45 Bn |
| Nov 30, 2021 | 13.96 Bn |
| Aug 31, 2021 | 13.38 Bn |