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Current Liabilities

Operating Lease Liabilities (Current)

FedEx Operating Lease Liabilities (Current) increased by 0.1% to $2.62B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.0%, from $2.52B to $2.62B. Over 4 years (FY 2021 to FY 2025), Operating Lease Liabilities (Current) shows an upward trend with a 3.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ3 2026Mar 19, 2026

How to read this metric

An increase reflects higher near-term cash outflows required for leased assets, impacting short-term liquidity.

Detailed definition

The portion of total operating lease obligations that is due for payment within the next twelve months. It reflects the...

Peer comparison

Common in capital-intensive industries like logistics and airlines that rely heavily on leased equipment.

Metric ID: operating_lease_liabilities_current

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$2.21B$2.26B$2.37B$2.4B$2.44B$2.47B$2.5B$2.45B$2.39B$2.38B$2.43B$2.45B$2.46B$2.51B$2.54B$2.52B$2.57B$2.59B$2.62B$2.62B
QoQ Change+2.5%+4.8%+1.0%+2.0%+1.1%+1.1%-2.1%-2.3%-0.3%+2.1%+0.6%+0.7%+1.9%+1.0%-0.5%+1.6%+1.0%+1.2%+0.1%
YoY Change+10.6%+9.1%+5.4%+2.1%-2.2%-3.6%-2.6%+0.0%+3.1%+5.4%+4.2%+3.1%+4.1%+3.2%+3.4%+4.0%
Range$2.21B$2.62B
CAGR+3.7%
Avg YoY Growth+3.1%
Median YoY Growth+3.3%
Current Streak4 quarters growth

Frequently Asked Questions

What is FedEx's operating lease liabilities (current)?
FedEx (FDX) reported operating lease liabilities (current) of $2.62B in Q4 2025.
How has FedEx's operating lease liabilities (current) changed year-over-year?
FedEx's operating lease liabilities (current) increased by 4.0% year-over-year, from $2.52B to $2.62B.
What is the long-term trend for FedEx's operating lease liabilities (current)?
Over 4 years (2021 to 2025), FedEx's operating lease liabilities (current) has grown at a 3.8% compound annual growth rate (CAGR), from $2.21B to $2.57B.
What does operating lease liabilities (current) mean?
The amount of lease payments due within one year.