Non-Current Assets

PP&E (Net)

FedEx PP&E (Net) increased by 0.5% to $41.54B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.4%, from $40.96B to $41.54B. Over 5 years (FY 2021 to FY 2026), PP&E (Net) shows an upward trend with a 3.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2025

How to read this metric

An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.

Detailed definition

The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...

Peer comparison

Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$35.75B$36.48B$37.15B$37.38B$38.09B$38.81B$39.72B$39.85B$40.70B$41.17B$41.53B$41.53B$41.49B$41.26B$41.01B$40.96B$41.64B$41.38B$41.32B$41.54B
QoQ Change+2.0%+1.8%+0.6%+1.9%+1.9%+2.4%+0.3%+2.1%+1.2%+0.9%-0.0%-0.1%-0.6%-0.6%-0.1%+1.7%-0.6%-0.1%+0.5%
YoY Change+6.5%+6.4%+6.9%+6.6%+6.8%+6.1%+4.6%+4.2%+1.9%+0.2%-1.3%-1.4%+0.4%+0.3%+0.8%+1.4%
Range$35.75B$41.64B
CAGR+3.2%
Avg YoY Growth+3.2%
Median YoY Growth+3.1%

Frequently Asked Questions

What is FedEx's pp&e (net)?
FedEx (FDX) reported pp&e (net) of $41.54B in Q1 2026.
How has FedEx's pp&e (net) changed year-over-year?
FedEx's pp&e (net) increased by 1.4% year-over-year, from $40.96B to $41.54B.
What is the long-term trend for FedEx's pp&e (net)?
Over 5 years (2021 to 2026), FedEx's pp&e (net) has grown at a 3.5% compound annual growth rate (CAGR), from $34.99B to $41.54B.
What does pp&e (net) mean?
The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.