Operating Cash Flow
FedEx Operating Cash Flow increased by 2.2% to $1.99B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.9%, from $2.01B to $1.99B. Over 4 years (FY 2021 to FY 2025), Operating Cash Flow shows a downward trend with a -8.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates strong operational efficiency and cash generation, while a decrease may signal operational challenges or issues with working capital management.
Detailed definition
This metric represents the total cash generated or consumed by a company's core business operations during a specific pe...
Peer comparison
Standard across all industries; peers in the medical device and diagnostics sector typically maintain high conversion ratios of net income to operating cash flow.
net_cash_from_operatingHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.74B | $2.08B | $2.00B | $2.25B | $3.50B | $1.61B | $1.52B | $2.28B | $3.45B | $2.23B | $1.77B | $1.61B | $2.70B | $1.19B | $1.32B | $2.01B | $2.52B | $1.72B | $1.95B | $1.99B |
| QoQ Change | — | -24.0% | -4.1% | +12.5% | +55.8% | -54.1% | -5.5% | +49.9% | +51.4% | -35.3% | -20.4% | -9.2% | +67.6% | -56.0% | +11.0% | +52.7% | +25.2% | -31.9% | +13.7% | +2.2% |
| YoY Change | — | — | — | — | +27.7% | -22.9% | -24.0% | +1.2% | -1.6% | +38.8% | +16.9% | -29.3% | -21.7% | -46.8% | -25.7% | +25.0% | -6.6% | +44.6% | +48.0% | -0.9% |
Operating Cash Flow at Other Companies
Frequently Asked Questions
- What is FedEx's operating cash flow?
- FedEx (FDX) reported operating cash flow of $1.99B in Q4 2025.
- How has FedEx's operating cash flow changed year-over-year?
- FedEx's operating cash flow decreased by 0.9% year-over-year, from $2.01B to $1.99B.
- What is the long-term trend for FedEx's operating cash flow?
- Over 4 years (2021 to 2025), FedEx's operating cash flow has grown at a -8.7% compound annual growth rate (CAGR), from $10.14B to $7.04B.
- What does operating cash flow mean?
- The amount of cash a company generates from its regular business activities.