Fedex (FDX) Return on Capital Employed [ROCE] (2009 - 2026)
Fedex (FDX) posted Return on Capital Employed [ROCE] of 7.01% for fiscal Q4 2026 (quarter ended May 31, 2026), down 0.34 percentage points from 7.36% a year earlier and down 0.63 percentage points from the prior quarter.
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Analysis
Fedex (FDX) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Fedex's Return on Capital Employed [ROCE] came in at 7.35%, up 0.09 percentage points from FY2025.
- Annual Return on Capital Employed [ROCE] shows a five-year change of -1.74 percentage points (FY2021 to FY2026).
- In prior fiscal years, Fedex's Return on Capital Employed [ROCE] was 7.26% in FY2025 (-0.29 pp), 7.54% in FY2024 (+0.81 pp), 6.73% in FY2023 (-2.18 pp) and 8.91% in FY2022 (-0.17 pp).
- The fiscal Q4 2026 figure stands as the lowest quarterly Return on Capital Employed [ROCE] since fiscal Q3 2025.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in four of the last eight quarters, with an average year-over-year change of +0.05 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was fiscal Q1 2022, with a gain of 3.45 percentage points; the weakest was fiscal Q4 2023, with a drop of 2.08 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior fiscal quarters was 7.64% (Q3 2026), 7.78% (Q2 2026) and 7.34% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 178.63 Bn | 170.88 Bn | - | 15.93% |
| 2 | Csx | 94.16 Bn | 89.39 Bn | - | 13.38% |
| 3 | United Parcel Service | 83.47 Bn | 60.32 Bn | 22.04 Bn | 11.55% |
| 4 | Canadian Pacific Kansas City | 81.54 Bn | 81.26 Bn | 57.15 Mn | 7.22% |
| 5 | Fedex | 75.60 Bn | 41.80 Bn | 18.84 Bn | 7.01% |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 9.77% |
| 7 | Delta Air Lines | 60.67 Bn | 42.86 Bn | - | 10.05% |
| 8 | United Airlines Holdings | 39.17 Bn | -18.53 Bn | - | 8.46% |
| 9 | Old Dominion Freight Line | 34.72 Bn | 33.56 Bn | 1.56 Bn | 29.43% |
| 10 | Ryanair Holdings | 31.95 Bn | 16.22 Bn | - | 15.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 7.01% |
| Feb 28, 2026 | 7.64% |
| Nov 30, 2025 | 7.78% |
| Aug 31, 2025 | 7.34% |
| May 31, 2025 | 7.36% |
| Feb 28, 2025 | 6.98% |
| Nov 30, 2024 | 6.88% |
| Aug 31, 2024 | 7.08% |
| May 31, 2024 | 7.59% |
| Feb 29, 2024 | 7.46% |
| Nov 30, 2023 | 7.21% |
| Aug 31, 2023 | 7.08% |
| May 31, 2023 | 6.74% |
| Feb 28, 2023 | 7.40% |
| Nov 30, 2022 | 7.84% |
| Aug 31, 2022 | 8.37% |
| May 31, 2022 | 8.82% |
| Feb 28, 2022 | 8.72% |
| Nov 30, 2021 | 8.37% |
| Aug 31, 2021 | 8.15% |
API Access
Fedex Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=FDX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=FDX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();