Fedex (FDX) Other Working Capital Changes (2009 - 2026)
Fedex (FDX) posted Other Working Capital Changes of $43.0 million for Q2 2026, up 4400.0% sequentially from -$1.0 million in Q1 2026, and down 23.21% YoY from $56.0 million in Q2 2025.
Fedex (FDX) Other Working Capital Changes (2009 - 2026) Analysis & Trends
Fedex has reported Other Working Capital Changes for 18 years, with the latest figure at $43.0 million in Q2 2026.
- Quarterly Other Working Capital Changes fell 23.21% year-over-year to $43.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $43.0 million (up 258.33% YoY) and the FY2026 annual result came in at $43.0 million, up 258.33% from the prior year.
- Other Working Capital Changes climbed to $43.0 million in Q2 2026 per FDX's latest filing, from -$1.0 million in the prior quarter.
- Over five years, Other Working Capital Changes peaked at $223.0 million in Q3 2024 and troughed at -$158.0 million in Q2 2023.
- A 5-year average of -$2.9 million and a median of -$16.5 million in 2023 frame the typical range for Other Working Capital Changes.
- The sharpest annual moves came in 2024 and 2025: Other Working Capital Changes plunged 483.33% in 2024, then surged 330.77% in 2025.
- Over 5 years, Other Working Capital Changes stood at -$11.0 million in 2022, then soared by 263.64% to $18.0 million in 2023, then slumped by 294.44% to -$35.0 million in 2024, then slipped by 20.0% to -$42.0 million in 2025, then surged by 202.38% to $43.0 million in 2026.
- According to Business Quant data, Other Working Capital Changes over the past three periods registered $43.0 million, -$1.0 million, and -$42.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Parcel Service | 86.94 Bn | 82.29 Bn | 19.65 Bn |
| 2 | Fedex | 77.50 Bn | 64.19 Bn | 18.84 Bn |
| 3 | Hunt J B Transport Services | 25.89 Bn | 25.89 Bn | - |
| 4 | Expeditors International Of Washington | 24.63 Bn | 23.60 Bn | 1.09 Bn |
| 5 | ZTO Express (Cayman) | 17.10 Bn | 12.69 Bn | 469.01 Mn |
| 6 | C. H. Robinson Worldwide | 16.95 Bn | 16.80 Bn | 1.11 Bn |
| 7 | Landstar System | 6.26 Bn | 5.91 Bn | 308.86 Mn |
| 8 | GXO Logistics | 5.23 Bn | 4.46 Bn | 508.00 Mn |
| 9 | Pitney Bowes | 2.22 Bn | 1.94 Bn | 296.14 Mn |
| 10 | Cryoport | 845.93 Mn | 449.23 Mn | 22.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -120.00 Mn |
| May 31, 2026 | -120.00 Mn |
| May 31, 2026 | -120.00 Mn |
| Feb 28, 2026 | -12.00 Mn |
| Feb 28, 2026 | -12.00 Mn |
| Feb 28, 2026 | -12.00 Mn |
| Nov 30, 2025 | 93.00 Mn |
| Nov 30, 2025 | 93.00 Mn |
| Nov 30, 2025 | 93.00 Mn |
| Aug 31, 2025 | 160.00 Mn |
| Aug 31, 2025 | 160.00 Mn |
| Aug 31, 2025 | 160.00 Mn |
| May 31, 2025 | -158.00 Mn |
| May 31, 2025 | -158.00 Mn |
| May 31, 2025 | -158.00 Mn |
| Feb 28, 2025 | -43.00 Mn |
| Feb 28, 2025 | -43.00 Mn |
| Feb 28, 2025 | -43.00 Mn |
| Nov 30, 2024 | -112.00 Mn |
| Nov 30, 2024 | -112.00 Mn |