Non-Current Liabilities
Operating Lease Liabilities (Total)
FedEx Operating Lease Liabilities (Total) increased by 1.2% to $16.77B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.7%, from $16.89B to $16.77B. Over 4 years (FY 2021 to FY 2025), Operating Lease Liabilities (Total) shows relatively stable performance with a 2.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ4 2019
Last reportedQ3 2026Mar 19, 2026
How to read this metric
An increase indicates expansion of the leased asset base, while a decrease suggests a reduction in lease commitments or the expiration of lease terms.
Detailed definition
This represents the total present value of future lease payments for operating leases, recognized as a liability on the...
Peer comparison
Standardized under modern accounting rules, allowing for direct comparison of lease-based financing across companies in the same sector.
Metric ID:
operating_lease_liabilities_totalHistorical 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 | $15.58B | $15.65B | $16.33B | $16.85B | $16.93B | $17.59B | $17.79B | $17.82B | $17.75B | $17.72B | $17.66B | $17.33B | $17.52B | $17.48B | $17.25B | $16.89B | $16.84B | $16.73B | $16.57B | $16.77B |
| QoQ Change | — | +0.4% | +4.4% | +3.2% | +0.5% | +3.9% | +1.1% | +0.2% | -0.4% | -0.2% | -0.4% | -1.9% | +1.1% | -0.2% | -1.3% | -2.1% | -0.3% | -0.6% | -1.0% | +1.2% |
| YoY Change | — | — | — | — | +8.6% | +12.4% | +9.0% | +5.8% | +4.9% | +0.8% | -0.7% | -2.8% | -1.3% | -1.4% | -2.3% | -2.5% | -3.9% | -4.3% | -3.9% | -0.7% |
Range$15.58B – $17.82B
CAGR+1.6%
Avg YoY Growth+1.1%
Median YoY Growth-1.0%
Operating Lease Liabilities (Total) at Other Companies
Frequently Asked Questions
- What is FedEx's operating lease liabilities (total)?
- FedEx (FDX) reported operating lease liabilities (total) of $16.77B in Q4 2025.
- How has FedEx's operating lease liabilities (total) changed year-over-year?
- FedEx's operating lease liabilities (total) decreased by 0.7% year-over-year, from $16.89B to $16.77B.
- What is the long-term trend for FedEx's operating lease liabilities (total)?
- Over 4 years (2021 to 2025), FedEx's operating lease liabilities (total) has grown at a 2.0% compound annual growth rate (CAGR), from $15.58B to $16.84B.
- What does operating lease liabilities (total) mean?
- The total value of future payments the company is obligated to make for leased assets.