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Fedex

NYSE: FDX · USD

Fedex cash flow and EPS85

Operating cash flow, capital investment, free cash flow and earnings per share.

Capital allocation

% of tracked cash uses

$1,820M
Fedex capital allocation. Quarterly values. Missing values are unavailable.
PeriodCapexAcquisitionsBuybacksDividendsDebt repaymentsTracked uses
FY 2010 Q196.28% · $880MUnavailableUnavailable3.72% · $34MUnavailable100% · $914M
FY 2010 Q295.03% · $669MUnavailableUnavailable4.97% · $35MUnavailable100% · $704M
FY 2010 Q392.7% · $432MUnavailableUnavailable7.3% · $34MUnavailable100% · $466M
FY 2010 Q495.98% · $835MUnavailableUnavailable4.02% · $35MUnavailable100% · $870M
FY 2011 Q196.38% · $1,012MUnavailableUnavailable3.62% · $38MUnavailable100% · $1,050M
FY 2011 Q296.5% · $1,047MUnavailableUnavailable3.5% · $38MUnavailable100% · $1,085M
FY 2011 Q394.57% · $644MUnavailableUnavailable5.43% · $37MUnavailable100% · $681M
FY 2011 Q495.06% · $731M0% · $0MUnavailable4.94% · $38MUnavailable100% · $769M
FY 2012 Q187.96% · $1,110M8.8% · $111MUnavailable3.25% · $41MUnavailable100% · $1,262M
FY 2012 Q296.18% · $1,107M0.26% · $3MUnavailable3.56% · $41MUnavailable100% · $1,151M
FY 2012 Q394.68% · $729M0% · $0M0% · $0M5.32% · $41MUnavailable100% · $770M
FY 2012 Q496.11% · $1,061M0.18% · $2M0% · $0M3.71% · $41MUnavailable100% · $1,104M
FY 2013 Q155.7% · $972M27.68% · $483M14.1% · $246M2.52% · $44MUnavailable100% · $1,745M
FY 2013 Q295.42% · $916M0% · $0M0% · $0M4.58% · $44MUnavailable100% · $960M
FY 2013 Q392.49% · $542M0% · $0M0% · $0M7.51% · $44MUnavailable100% · $586M
FY 2013 Q495.45% · $945M0% · $0M0% · $0M4.55% · $45MUnavailable100% · $990M
FY 2014 Q163.7% · $572MUnavailable30.96% · $278M5.35% · $48MUnavailable100% · $898M
FY 2014 Q253.09% · $1,118MUnavailable44.68% · $941M2.23% · $47MUnavailable100% · $2,106M
FY 2014 Q323.5% · $864MUnavailable75.22% · $2,765M1.28% · $47MUnavailable100% · $3,676M
FY 2014 Q451.61% · $979MUnavailable46.02% · $873M2.37% · $45MUnavailable100% · $1,897M
FY 2015 Q145.92% · $720MUnavailable50.45% · $791M3.64% · $57MUnavailable100% · $1,568M
FY 2015 Q284.6% · $1,170MUnavailable11.28% · $156M4.12% · $57MUnavailable100% · $1,383M
FY 2015 Q389.54% · $1,079MUnavailable5.73% · $69M4.73% · $57MUnavailable100% · $1,205M
FY 2015 Q482.42% · $1,378M0% · $0M14.23% · $238M3.35% · $56MUnavailable100% · $1,672M
FY 2016 Q182.24% · $1,209MUnavailable12.93% · $190M4.83% · $71MUnavailable100% · $1,470M
FY 2016 Q257.97% · $1,353MUnavailable39.03% · $911M3% · $70MUnavailable100% · $2,334M
FY 2016 Q348.33% · $1,000MUnavailable48.33% · $1,000M3.33% · $69MUnavailable100% · $2,069M
FY 2016 Q465.69% · $1,256MUnavailable30.81% · $589M3.5% · $67MUnavailable100% · $1,912M
FY 2017 Q178.74% · $1,215MUnavailable14.39% · $222M6.87% · $106MUnavailable100% · $1,543M
FY 2017 Q287% · $1,466MUnavailable6.65% · $112M6.35% · $107MUnavailable100% · $1,685M
FY 2017 Q389.51% · $1,109MUnavailable1.94% · $24M8.56% · $106MUnavailable100% · $1,239M
FY 2017 Q483.71% · $1,326MUnavailable9.53% · $151M6.76% · $107MUnavailable100% · $1,584M
FY 2018 Q182.59% · $1,044MUnavailable6.8% · $86M10.6% · $134MUnavailable100% · $1,264M
FY 2018 Q283.22% · $1,577MUnavailable9.71% · $184M7.07% · $134MUnavailable100% · $1,895M
FY 2018 Q376.49% · $1,373M0% · $0M16.04% · $288M7.47% · $134MUnavailable100% · $1,795M
FY 2018 Q469.66% · $1,669M5.63% · $135M19.16% · $459M5.55% · $133MUnavailable100% · $2,396M
FY 2019 Q159.64% · $1,179MUnavailable31.61% · $625M8.75% · $173MUnavailable100% · $1,977M
FY 2019 Q269.25% · $1,455MUnavailable30.75% · $646M0% · $0MUnavailable100% · $2,101M
FY 2019 Q372.13% · $1,123MUnavailable5.97% · $93M21.9% · $341MUnavailable100% · $1,557M
FY 2019 Q485.92% · $1,733MUnavailable5.7% · $115M8.38% · $169MUnavailable100% · $2,017M
FY 2020 Q189.13% · $1,418MUnavailable0.19% · $3M10.69% · $170MUnavailable100% · $1,591M
FY 2020 Q291.62% · $1,848MUnavailable0% · $0M8.38% · $169MUnavailable100% · $2,017M
FY 2020 Q389.43% · $1,439MUnavailable0% · $0M10.57% · $170MUnavailable100% · $1,609M
FY 2020 Q487.25% · $1,163MUnavailable0% · $0M12.75% · $170MUnavailable100% · $1,333M
FY 2021 Q189.34% · $1,424MUnavailableUnavailable10.66% · $170MUnavailable100% · $1,594M
FY 2021 Q289.13% · $1,402MUnavailableUnavailable10.87% · $171MUnavailable100% · $1,573M
FY 2021 Q388.89% · $1,376MUnavailableUnavailable11.11% · $172MUnavailable100% · $1,548M
FY 2021 Q490.53% · $1,682M0.16% · $3MUnavailable9.31% · $173MUnavailable100% · $1,858M
FY 2022 Q167.7% · $1,570MUnavailable23.67% · $549M8.62% · $200MUnavailable100% · $2,319M
FY 2022 Q279.77% · $1,573MUnavailable10.09% · $199M10.14% · $200MUnavailable100% · $1,972M
FY 2022 Q342.13% · $1,236MUnavailable51.12% · $1,500M6.75% · $198MUnavailable100% · $2,934M
FY 2022 Q492.44% · $2,384MUnavailable0% · $0M7.56% · $195MUnavailable100% · $2,579M
FY 2023 Q181.11% · $1,284MUnavailable0% · $0M18.89% · $299MUnavailable100% · $1,583M
FY 2023 Q250.81% · $1,858MUnavailable41.02% · $1,500M8.18% · $299MUnavailable100% · $3,657M
FY 2023 Q381.51% · $1,278MUnavailable0% · $0M18.49% · $290MUnavailable100% · $1,568M
FY 2023 Q485.85% · $1,754MUnavailable0% · $0M14.15% · $289MUnavailable100% · $2,043M
FY 2024 Q161.2% · $1,290MUnavailable23.72% · $500M15.09% · $318MUnavailable100% · $2,108M
FY 2024 Q261.5% · $1,305MUnavailable23.56% · $500M14.94% · $317MUnavailable100% · $2,122M
FY 2024 Q351.21% · $1,379MUnavailable37.13% · $1,000M11.66% · $314MUnavailable100% · $2,693M
FY 2024 Q459.74% · $1,202MUnavailable24.85% · $500M15.41% · $310MUnavailable100% · $2,012M
FY 2025 Q136.42% · $767MUnavailable47.48% · $1,000M16.1% · $339MUnavailable100% · $2,106M
FY 2025 Q237.61% · $818MUnavailable46.9% · $1,020M15.49% · $337MUnavailable100% · $2,175M
FY 2025 Q354.6% · $997MUnavailable27.22% · $497M18.18% · $332MUnavailable100% · $1,826M
FY 2025 Q463.93% · $1,473MUnavailable21.7% · $500M14.37% · $331MUnavailable100% · $2,304M
FY 2026 Q142.44% · $623MUnavailable34.06% · $500M23.5% · $345MUnavailable100% · $1,468M
FY 2026 Q254.27% · $757MUnavailable21.22% · $296M24.52% · $342MUnavailable100% · $1,395M
FY 2026 Q373.69% · $955MUnavailable0% · $0M26.31% · $341MUnavailable100% · $1,296M
FY 2026 Q480.99% · $1,474MUnavailable0% · $0M19.01% · $346MUnavailable100% · $1,820M
Aug 31, 2009 through May 31, 2026

Latest period omits acquisitions, debt repayments. Percentages cover tracked uses. SBC is noncash and excluded.

Operating cash flow

USD millions

$3,265M

Capital expenditures

USD millions

$1,474M

Free cash flow

USD millions

$1,791M

Stock-based compensation

USD millions

$41M

SBC / free cash flow

% · FCF before SBC deduction

2.29%

SBC / operating cash flow

%

1.26%

Software & intangible investment

USD millions

—

Separately disclosed software and intangible investment is unavailable in the extracted statements for this period.

Diluted EPS

USD per share

—

Unavailable for FY 2026 Q4.

Quarterly data

Fedex cash-flow history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal periodEndedOperating cash flowUSD millionsCapital expendituresUSD millionsFree cash flowUSD millionsStock-based compensationUSD millionsSBC / free cash flow%SBC / operating cash flow%Software & intangible investmentUSD millionsDiluted EPSUSD per share
FY 2026 Q4May 31, 20263,2651,4741,791412.29%1.26%——
FY 2026 Q3Feb 28, 20261,9939551,038373.56%1.86%—$3.55
FY 2026 Q2Nov 30, 20251,9517571,194433.6%2.2%—$3.26
FY 2026 Q1Aug 31, 20251,7166231,093565.12%3.26%—$2.79
FY 2025 Q4May 31, 20252,5191,4731,046383.63%1.51%——
FY 2025 Q3Feb 28, 20252,0129971,015323.15%1.59%—$3.03
FY 2025 Q2Nov 30, 20241,318818500367.2%2.73%—$2.44
FY 2025 Q1Aug 31, 20241,1877674204811.43%4.04%—$2.59
FY 2024 Q4May 31, 20242,6981,2021,496332.21%1.22%——
FY 2024 Q3Feb 29, 20241,6101,3792313414.72%2.11%—$2.83
FY 2024 Q2Nov 30, 20231,7741,305469408.53%2.25%—$2.86
FY 2024 Q1Aug 31, 20232,2301,290940565.96%2.51%—$3.41
FY 2023 Q4May 31, 20233,4471,7541,693402.36%1.16%——
FY 2023 Q3Feb 28, 20232,2761,278998343.41%1.49%—$2.46
FY 2023 Q2Nov 30, 20221,5181,858-34040—2.64%—$2.47
FY 2023 Q1Aug 31, 20221,6071,2843236821.05%4.23%—$2.68
FY 2022 Q4May 31, 20223,5022,3841,118393.49%1.11%——
FY 2022 Q3Feb 28, 20222,2481,2361,012393.85%1.73%—$3.38
FY 2022 Q2Nov 30, 20211,9981,5734254310.12%2.15%—$3.13
FY 2022 Q1Aug 31, 20212,0841,5705146913.42%3.31%—$3.3
FY 2021 Q4May 31, 20212,7431,6821,061393.68%1.42%——
FY 2021 Q3Feb 28, 20212,1621,376786405.09%1.85%—$2.66
FY 2021 Q2Nov 30, 20202,5791,4021,177463.91%1.78%—$3.67
FY 2021 Q1Aug 31, 20202,6511,4241,227756.11%2.83%—$3.8
FY 2020 Q4May 31, 20201,8191,163656-70-10.67%-3.85%—$-1.03
FY 2020 Q3Feb 29, 20201,2041,439-23533—2.74%—$0.97
FY 2020 Q2Nov 30, 20191,5091,848-33937—2.45%—$1.72
FY 2020 Q1Aug 31, 20195651,418-85367—11.86%—$2.29
FY 2019 Q4May 31, 20192,2901,733557335.92%1.44%—$-6.09
FY 2019 Q3Feb 28, 20191,1441,1232133157.14%2.88%—$2.26
FY 2019 Q2Nov 30, 20181,4781,4552340173.91%2.71%—$2.83
FY 2019 Q1Aug 31, 20187011,179-47868—9.7%—$2.5
FY 2018 Q4May 31, 20183,5121,6691,843321.74%0.91%—$3.34
FY 2018 Q3Feb 28, 2018-3361,373-1,70932———$6.12
FY 2018 Q2Nov 30, 20179081,577-66941—4.52%—$2.29
FY 2018 Q1Aug 31, 20175901,044-45462—10.51%—$1.76
FY 2017 Q4May 31, 20172,2851,326959313.23%1.36%—$3.02
FY 2017 Q3Feb 28, 2017101,109-1,09931—310%—$1.67
FY 2017 Q2Nov 30, 20161,6641,4661983618.18%2.16%—$2.09
FY 2017 Q1Aug 31, 20169711,215-24457—5.87%—$2.14
FY 2016 Q4May 31, 20161,9121,256656294.42%1.52%—$-0.21
FY 2016 Q3Feb 29, 20161,3421,000342298.48%2.16%—$1.48
FY 2016 Q2Nov 30, 20151,2131,353-14033—2.72%—$1.97
FY 2016 Q1Aug 31, 20151,2411,2093253165.63%4.27%—$1.95
FY 2015 Q4May 31, 20151,8931,378515275.24%1.43%—$-2.55
FY 2015 Q3Feb 28, 20151,3221,0792432610.7%1.97%—$1.62
FY 2015 Q2Nov 30, 20141,1691,170-131—2.65%—$1.72
FY 2015 Q1Aug 31, 20149827202624818.32%4.89%—$1.69
FY 2014 Q4May 31, 20141,686979707233.25%1.36%—$1.98
FY 2014 Q3Feb 28, 20149698641052321.9%2.37%—$0.99
FY 2014 Q2Nov 30, 20136801,118-43826—3.82%—$1.27
FY 2014 Q1Aug 31, 20139295723574512.61%4.84%—$1.23
FY 2013 Q4May 31, 20131,712945767222.87%1.29%—$0.77
FY 2013 Q3Feb 28, 20131,258542716233.21%1.83%—$0.91
FY 2013 Q2Nov 30, 2012815916-10125—3.07%—$1.12
FY 2013 Q1Aug 31, 2012903972-6940—4.43%—$1.17
FY 2012 Q4May 31, 20121,8181,061757222.91%1.21%—$1.39
FY 2012 Q3Feb 29, 20128497291202218.33%2.59%—$1.33
FY 2012 Q2Nov 30, 20111,3081,1072012311.44%1.76%—$1.27
FY 2012 Q1Aug 31, 20118601,110-25037—4.3%—$1.18
FY 2011 Q4May 31, 20111,584731853202.34%1.26%—$1.41
FY 2011 Q3Feb 28, 2011446644-19821—4.71%—$0.59
FY 2011 Q2Nov 30, 20101,2151,0471682213.1%1.81%—$0.72
FY 2011 Q1Aug 31, 20107961,012-21634—4.27%—$0.97
FY 2010 Q4May 31, 20101,230835395215.32%1.71%—$1.07
FY 2010 Q3Feb 28, 20105514321192218.49%3.99%—$0.61
FY 2010 Q2Nov 30, 2009459669-21023—5.01%—$0.89
FY 2010 Q1Aug 31, 20098988801835194.44%3.9%—$0.47
Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

FCF subtracts reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Acquisitions and noncash lease additions are excluded. EPS and weighted shares are not summed across quarters. Annual figures use annual reports.

SBC / FCF always uses FCF before SBC deduction; both SBC ratios compare amounts from the same period. A zero or negative cash-flow denominator is undefined, and values above 100% are retained.

Each reported nonnegative cash use / sum of available tracked nonnegative cash uses × 100. Missing categories are omitted, never set to zero. This is the composition of tracked uses, not a complete cash-flow reconciliation or a percentage of OCF. SBC is noncash and excluded. Negative amounts are excluded as reversals or net receipts; they are not converted to spending. Annual bars use reported annual amounts. Turning off a category hides its share without changing the denominator. Debt repayments prefer a reported aggregate, with long-term or convertible-only scope identified in the tooltip. Acquisitions are net of cash acquired. Dividend payments use the aggregate where reported, including dividend equivalents when part of that concept.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Market prices: Yahoo Finance · FDX, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Operating cash flow
Reported net cash provided by or used in operating activities.
Capital expenditures
Reported cash capital investment. Uses purchases of property, plant and equipment where disclosed; otherwise purchases of productive assets, which can also include software and intangibles. Excludes acquisitions and noncash lease additions.
Free cash flow
Operating cash flow − reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Reflects the SBC option and can differ from issuer-defined FCF.
Stock-based compensation
Reported share-based compensation addback in the cash-flow statement. Missing disclosure is not treated as zero.
SBC / free cash flow
Reported share-based compensation / (operating cash flow − cash capital investment) × 100, for the same fiscal period. Always uses FCF before SBC deduction. Zero or negative FCF is undefined; values above 100% are retained.
SBC / operating cash flow
Reported share-based compensation / reported operating cash flow × 100, for the same fiscal period. Zero or negative operating cash flow is undefined. Unaffected by the SBC deduction scenario.
Software & intangible investment
Separately tagged payments for capitalized software under US GAAP, or purchases of intangible assets under IFRS. This optional disclosure is not inferred from total capex or deducted a second time from FCF.
Diluted EPS
Reported diluted earnings per share, normalized for recorded subsequent stock splits. Quarterly EPS is never subtracted from annual or YTD EPS.