Fedex (FDX) Other Working Capital Changes (2009 - 2026)
Fedex's (FDX) quarterly Other Working Capital Changes came in at -$12.0 million in Q1 2026, up 92.26% year-on-year from -$6.2 million in Q1 2025, and down 112.9% quarter-over-quarter from $93.0 million in Q4 2025.
Fedex (FDX) Other Working Capital Changes (2009 - 2026) Analysis & Trends
Fedex has disclosed Other Working Capital Changes across 18 years of filings, most recently posting -$12.0 million for Q1 2026.
- Other Working Capital Changes for Q1 2026 came in at -$12.0 million, up 92.26% year-over-year; the trailing twelve-month figure through Feb 2026 was $297.0 million (up 347.5% YoY), and the FY2025 annual result was $12.0 million, down 72.09% from the prior year.
- Other Working Capital Changes came in at -$12.0 million for Q1 2026 at Fedex, down from $93.0 million in the prior quarter.
- In the past five years, Other Working Capital Changes ranged from a high of $233.0 million in Q4 2022 to a low of -$228.0 million in Q1 2023.
- The 5-year median for Other Working Capital Changes is -$1.0 million (2022), against an average of $9.9 million.
- Peak annual rise in Other Working Capital Changes reached 789.47% in 2023, while the deepest fall reached 22700.0% in 2023.
- Fedex's Other Working Capital Changes stood at $233.0 million in 2022, then sank by 109.01% to -$21.0 million in 2023, then tumbled by 433.33% to -$112.0 million in 2024, then surged by 183.04% to $93.0 million in 2025, then slumped by 112.9% to -$12.0 million in 2026.
- The last three Other Working Capital Changes figures came in at -$12.0 million (Q1 2026), $93.0 million (Q4 2025), and $160.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn |
| 10 | Cryoport | 783.40 Mn | 379.76 Mn | 21.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | -12.00 Mn |
| Feb 28, 2026 | -12.00 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 |
| May 31, 2025 | 56.00 Mn |
| May 31, 2025 | 56.00 Mn |
| Feb 28, 2025 | -155.00 Mn |
| Feb 28, 2025 | -155.00 Mn |
| Nov 30, 2024 | -112.00 Mn |
| Nov 30, 2024 | -112.00 Mn |
| Aug 31, 2024 | 223.00 Mn |
| Aug 31, 2024 | 223.00 Mn |
| May 31, 2024 | -76.00 Mn |
| May 31, 2024 | -76.00 Mn |
| Feb 29, 2024 | 9.00 Mn |
| Feb 29, 2024 | 9.00 Mn |
| Nov 30, 2023 | -21.00 Mn |
| Nov 30, 2023 | -21.00 Mn |