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FedEx FDX Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

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$103.27M-8.7%
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$215.9M-5.6%
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$361.43M-13.8%
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$88.74B+13.1%
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$4.02B
XPO
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$758M+6.9%

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$74.73B+39.9%
Enterprise value$104.2B+23.2%
P/E16.9×+3.8×
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

Reported directly by FedEx in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

The source filing: FedEx’s 10-K, filed July 20, 2026.

Filed
Jul 20, 2026, 4:14 PM EDT
Fiscal year
FY2026
Accession
0001048911-26-000105
Line itemMay 31, 2026May 31, 2025
Less accumulated depreciation and amortization48,88245,980
Net property and equipment42,04441,642
OTHER LONG-TERM ASSETS
Operating lease right-of-use assets, net16,82216,453
Goodwill6,7336,603
Other assets5,4354,543
Total other long-term assets28,99027,599
TOTAL ASSETS$98,937$87,627

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is FedEx's operating lease ROU assets?
FedEx (FDX) reported operating lease ROU assets of $16.82B in Q1 2026.
How has FedEx's operating lease ROU assets changed year-over-year?
FedEx's operating lease ROU assets increased by 2.2% year-over-year, from $16.45B to $16.82B.
What is the long-term trend for FedEx's operating lease ROU assets?
Over 5 years (2021 to 2026), FedEx's operating lease ROU assets has grown at a 1.8% compound annual growth rate (CAGR), from $15.38B to $16.82B.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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