Non-Current Liabilities

Finance Lease Liabilities

FedEx Finance Lease Liabilities increased by 34.8% to $1.18B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 109.6%, from $562.00M to $1.18B. Over 4 years (FY 2021 to FY 2025), Finance Lease Liabilities shows an upward trend with a 9.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ3 2026Mar 19, 2026

How to read this metric

High levels indicate significant reliance on leased assets for operations, which serves as a form of off-balance-sheet-style financing.

Detailed definition

This represents the total long-term obligations under finance leases, excluding the current portion. It reflects the com...

Peer comparison

Used to compare capital intensity and financing strategies across peers.

Metric ID: finance_lease_liabilities

Historical Data

20 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$429.00M$504.00M$510.00M$501.00M$436.00M$544.00M$580.00M$539.00M$725.00M$730.00M$706.00M$432.00M$413.00M$424.00M$420.00M$562.00M$621.00M$795.00M$874.00M$1.18B
QoQ Change+17.5%+1.2%-1.8%-13.0%+24.8%+6.6%-7.1%+34.5%+0.7%-3.3%-38.8%-4.4%+2.7%-0.9%+33.8%+10.5%+28.0%+9.9%+34.8%
YoY Change+1.6%+7.9%+13.7%+7.6%+66.3%+34.2%+21.7%-19.9%-43.0%-41.9%-40.5%+30.1%+50.4%+87.5%+108.1%+109.6%
Range$413.00M$1.18B
CAGR+23.7%
Avg YoY Growth+24.6%
Median YoY Growth+17.7%
Current Streak5 quarters growth

Finance Lease Liabilities at Other Companies

Frequently Asked Questions

What is FedEx's finance lease liabilities?
FedEx (FDX) reported finance lease liabilities of $1.18B in Q4 2025.
How has FedEx's finance lease liabilities changed year-over-year?
FedEx's finance lease liabilities increased by 109.6% year-over-year, from $562.00M to $1.18B.
What is the long-term trend for FedEx's finance lease liabilities?
Over 4 years (2021 to 2025), FedEx's finance lease liabilities has grown at a 9.7% compound annual growth rate (CAGR), from $429.00M to $621.00M.
What does finance lease liabilities mean?
Total long-term debt obligations related to finance leases.