Fedex (FDX) Other Working Capital Changes (2009 - 2026)
Fedex (FDX) posted Other Working Capital Changes of -$120 million for fiscal Q4 2026 (quarter ended May 31, 2026), compared with -$158 million a year earlier.
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Analysis
Fedex (FDX) Other Working Capital Changes (2009 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Fedex's Other Working Capital Changes came in at $121 million.
- Annual Other Working Capital Changes shows a five-year compound annual growth rate of -9.3% (FY2021 to FY2026).
- In prior fiscal years, Fedex's Other Working Capital Changes was -$90 million in FY2025, $43 million in FY2024, -$48 million in FY2023 and $158 million in FY2022 (-19.8%).
- Quarterly Other Working Capital Changes has run from a low of -$158 million in fiscal Q4 2023 to a high of $223 million in fiscal Q1 2025 over five years.
- According to Business Quant data, Other Working Capital Changes for the three prior fiscal quarters was -$12 million (Q3 2026), $93 million (Q2 2026) and $160 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn |
| 10 | Copart | 25.20 Bn | 8.75 Bn | 732.88 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -120.00 Mn |
| Feb 28, 2026 | -12.00 Mn |
| Nov 30, 2025 | 93.00 Mn |
| Aug 31, 2025 | 160.00 Mn |
| May 31, 2025 | -158.00 Mn |
| Feb 28, 2025 | -43.00 Mn |
| Nov 30, 2024 | -112.00 Mn |
| Aug 31, 2024 | 223.00 Mn |
| May 31, 2024 | -76.00 Mn |
| Feb 29, 2024 | 9.00 Mn |
| Nov 30, 2023 | -21.00 Mn |
| Aug 31, 2023 | 131.00 Mn |
| May 31, 2023 | -158.00 Mn |
| Feb 28, 2023 | -104.00 Mn |
| Nov 30, 2022 | 44.00 Mn |
| Aug 31, 2022 | 170.00 Mn |
| May 31, 2022 | -77.00 Mn |
| Feb 28, 2022 | -1.00 Mn |
| Nov 30, 2021 | 65.00 Mn |
| Aug 31, 2021 | 171.00 Mn |
API Access
Fedex Other Working Capital Changes 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=other-working-capital-changes&ticker=FDX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=FDX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();