Non-Current Assets
Operating Lease ROU Assets
FedEx Operating Lease ROU Assets increased by 1.3% to $16.39B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.5%, from $16.47B to $16.39B. Over 4 years (FY 2021 to FY 2025), Operating Lease ROU Assets shows relatively stable performance with a 1.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ4 2019
Last reportedQ3 2026Mar 19, 2026
How to read this metric
An increase indicates a higher reliance on leased assets, which may be a strategic choice to maintain flexibility or preserve cash compared to outright ownership.
Detailed definition
This represents the right to use a leased asset, such as an aircraft or warehouse, over the lease term, recognized on th...
Peer comparison
Standard for any company with significant long-term lease commitments, especially in logistics and retail.
Metric ID:
non_current_assets_operating_lease_right_of_use_assetHistorical Data
20 periods
| 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 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $15.38B | $15.41B | $16.02B | $16.61B | $16.61B | $17.22B | $17.37B | $17.41B | $17.35B | $17.33B | $17.24B | $16.94B | $17.12B | $17.09B | $16.82B | $16.47B | $16.45B | $16.37B | $16.18B | $16.39B |
| QoQ Change | — | +0.2% | +3.9% | +3.7% | +0.0% | +3.6% | +0.9% | +0.2% | -0.4% | -0.1% | -0.5% | -1.8% | +1.1% | -0.1% | -1.6% | -2.1% | -0.1% | -0.5% | -1.1% | +1.3% |
| YoY Change | — | — | — | — | +8.0% | +11.7% | +8.5% | +4.8% | +4.4% | +0.6% | -0.7% | -2.7% | -1.3% | -1.3% | -2.4% | -2.8% | -3.9% | -4.2% | -3.8% | -0.5% |
Range$15.38B – $17.41B
CAGR+1.3%
Avg YoY Growth+0.9%
Median YoY Growth-1.0%
Operating Lease ROU Assets at Other Companies
Frequently Asked Questions
- What is FedEx's operating lease rou assets?
- FedEx (FDX) reported operating lease rou assets of $16.39B in Q4 2025.
- How has FedEx's operating lease rou assets changed year-over-year?
- FedEx's operating lease rou assets decreased by 0.5% year-over-year, from $16.47B to $16.39B.
- What is the long-term trend for FedEx's operating lease rou assets?
- Over 4 years (2021 to 2025), FedEx's operating lease rou assets has grown at a 1.7% compound annual growth rate (CAGR), from $15.38B to $16.45B.
- What does operating lease rou assets mean?
- The balance sheet value of the right to use leased property and equipment over the duration of the lease.