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FedEx FDX Current ratio

Current ratio at other companies

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Pitney BowesPBI
0.7×0.0×
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Old Dominion Freight LineODFL
1.9×+0.5×
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ArcBestARCB
0.0×
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1.2×+0.1×
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0.0×
United Parcel Service, Inc. logo
United Parcel Service, Inc.UPS
1.2×-0.1×

Other financials

Income statement

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Revenue$25.0B+12.5%
Operating income$1.6B-13.5%
Net income$1.6B-3.1%
EPS (diluted)$6.64-2.6%

Balance sheet

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Cash & equivalents$13.3B+142%
Total debt$42.8B+16.7%
Total equity$31.6B+12.7%
Total assets$98.9B+12.9%

Cash flow

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Operating cash flow$3.3B+29.6%
CapEx$1.5B+0.1%
Free cash flow$1.8B+71.2%

Valuation

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Market cap$72.73B+41.7%
Enterprise value$102.2B+23.9%
P/E16.4×+3.9×
P/S0.8×+0.2×

Profitability

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Gross margin76%
Operating margin5.8%-0.2pp
Net margin4.7%0.0pp
FCF margin5.4%+2.0pp

Returns & leverage

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Return on equity14.8%+0.1pp
Debt / equity1.4×0.0×

Where this comes from

Calculated from FedEx’s reported figures.

Based on the most recent quarter.

The source filing: FedEx’s 10-K, filed July 20, 2026. Open the filing →

Filed
Jul 20, 2026, 4:14 PM EDT
Fiscal year
FY2026
Accession
0001048911-26-000105

FAQ

What is FedEx's current ratio?
FedEx (FDX) reported current ratio of 1.5× in Q1 2026.
How has FedEx's current ratio changed year-over-year?
FedEx's current ratio increased by 23.7% year-over-year, from 1.2× to 1.5×.
What is the long-term trend for FedEx's current ratio?
Over 5 years (2021 to 2026), FedEx's current ratio has grown at a -0.4% compound annual growth rate (CAGR), from 1.5× to 1.5×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

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