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FedEx FDX Net debt / EBITDA

Net debt / EBITDA at other companies

Pitney Bowes logo
Pitney BowesPBI
-8.1×
Old Dominion Freight Line logo
Old Dominion Freight LineODFL
-0.1×-0.2×
ArcBest logo
ArcBestARCB
1.5×+0.4×
Forward Air logo
Forward AirFWRD
9.6×
Amazon logo
AmazonAMZN
0.9×+0.2×
United Parcel Service, Inc. logo
United Parcel Service, Inc.UPS
-0×-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×
Current ratio1.5×+0.3×

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 net debt / EBITDA?
FedEx (FDX) reported net debt / EBITDA of 3× in Q1 2026.
How has FedEx's net debt / EBITDA changed year-over-year?
FedEx's net debt / EBITDA decreased by 8.8% year-over-year, from 3.3× to 3×.
What is the long-term trend for FedEx's net debt / EBITDA?
Over 5 years (2021 to 2026), FedEx's net debt / EBITDA has grown at a -0.7% compound annual growth rate (CAGR), from 3.1× to 3×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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