Fedex (FDX) Return on Invested Capital (2009 - 2026)

Fedex has disclosed Return on Invested Capital across 17 years of filings, most recently posting 0.0% for Q1 2026.

• Return on Invested Capital for Q1 2026 came in at 0.0%, changed 0.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 0.0% (changed 0.0% YoY), and the FY2025 annual result was 0.0%, changed 0.0% from the prior year.
• Return on Invested Capital came in at 0.0% for Q1 2026 at Fedex, up from 0.08% in the prior quarter.
• In the past five years, Return on Invested Capital ranged from a high of 0.04% in Q4 2022 to a low of 0.3% in Q4 2024.
• The 5-year median for Return on Invested Capital is 0.0% (2026), against an average of 0.03%.
• Across the five-year window, Return on Invested Capital slipped 17 bps in 2023 and rose 22 bps in 2025, its largest moves.
• Fedex's Return on Invested Capital stood at 0.04% in 2022, then plunged by 488 bps to 0.14% in 2023, then slumped by 122 bps to 0.3% in 2024, then surged by 74 bps to 0.08% in 2025, then soared by 103 bps to 0.0% in 2026.
• The last three Return on Invested Capital figures came in at 0.0% (Q1 2026), 0.08% (Q4 2025), and 0.0% (Q3 2025), per Business Quant data.