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FedEx FDX Rentals and landing fees

Rentals and landing fees at other companies

BAE
Bridger Aerospace Group Holdings, Inc.BAER
$10.06M+28.0%
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$305M+9.7%
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$636M+12.2%
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Frontier Group Holdings, Inc.ULCC
$197M+10.7%
United Airlines Holdings logo
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$1.06B+9.9%
Delta Air Lines logo
Delta Air LinesDAL
$978M+11.4%

Segments

By segment

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Federal Express segment$1.06B+9.4%
FedEx Freight
Segment$77M+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$75.37B+42.2%
Enterprise value$104.84B+24.6%
P/E17×+4.1×
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 fdx:RentalsAndLandingFees.

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 itemYears ended May 31, 2026Years ended May 31, 2025Years ended May 31, 2024
OPERATING EXPENSES:
Salaries and employee benefits33,84431,23230,961
Purchased transportation23,62021,76820,921
Rentals and landing fees4,8834,6474,571
Depreciation and amortization4,3694,2644,287
Fuel4,0523,7754,710
Maintenance and repairs3,3303,2453,291
Separation and other costs77138

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is FedEx's rentals and landing fees?
FedEx (FDX) reported rentals and landing fees of $1.25B in Q1 2026.
How has FedEx's rentals and landing fees changed year-over-year?
FedEx's rentals and landing fees increased by 9.2% year-over-year, from $1.14B to $1.25B.
What is the long-term trend for FedEx's rentals and landing fees?
Over 4 years (2022 to 2026), FedEx's rentals and landing fees has grown at a 0.9% compound annual growth rate (CAGR), from $4.71B to $4.88B.
What does rentals and landing fees mean?
This metric includes costs associated with leasing facilities, equipment, and the specific fees paid for aircraft landing rights at airports. It is a critical component of the infrastructure cost structure for global logistics and air express operations.

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