Discontinued — last reported Q3 '19
Non-Current Liabilities
Operating Lease Liabilities
FedEx Operating Lease Liabilities increased by 1.4% to $14.15B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 1.5%, from $14.37B to $14.15B. Over 4 years (FY 2021 to FY 2025), Operating Lease Liabilities shows relatively stable performance with a 1.6% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ3 2019
How to read this metric
An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.
Detailed definition
This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...
Peer comparison
Standard long-term liability for companies with significant real estate or equipment footprints.
Metric ID:
operating_lease_liabilities_non_currentHistorical Data
19 periods
| 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 | $13.38B | $13.96B | $14.45B | $14.49B | $15.12B | $15.29B | $15.37B | $15.36B | $15.34B | $15.22B | $14.88B | $15.05B | $14.97B | $14.71B | $14.37B | $14.27B | $14.14B | $13.95B | $14.15B |
| QoQ Change | — | +4.3% | +3.5% | +0.3% | +4.4% | +1.1% | +0.5% | -0.1% | -0.2% | -0.8% | -2.3% | +1.2% | -0.6% | -1.7% | -2.4% | -0.7% | -0.9% | -1.4% | +1.4% |
| YoY Change | — | — | — | — | +13.0% | +9.6% | +6.4% | +6.0% | +1.5% | -0.4% | -3.2% | -2.0% | -2.4% | -3.3% | -3.4% | -5.2% | -5.5% | -5.2% | -1.5% |
Range$13.38B – $15.37B
CAGR+1.2%
Avg YoY Growth+0.3%
Median YoY Growth-2.0%
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is FedEx's operating lease liabilities?
- FedEx (FDX) reported operating lease liabilities of $14.15B in Q4 2025.
- How has FedEx's operating lease liabilities changed year-over-year?
- FedEx's operating lease liabilities decreased by 1.5% year-over-year, from $14.37B to $14.15B.
- What is the long-term trend for FedEx's operating lease liabilities?
- Over 4 years (2021 to 2025), FedEx's operating lease liabilities has grown at a 1.6% compound annual growth rate (CAGR), from $13.38B to $14.27B.
- What does operating lease liabilities mean?
- The amount of lease payments due after one year.