Non-Current Assets
PP&E (Net)
FedEx PP&E (Net) increased by 0.5% to $41.54B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.4%, from $40.96B to $41.54B. Over 4 years (FY 2021 to FY 2025), PP&E (Net) shows an upward trend with a 3.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ3 2026Mar 19, 2026
How to read this metric
An increase typically signals ongoing investment in operational capacity, while a decrease may reflect depreciation outpacing new capital expenditures.
Detailed definition
This represents the book value of tangible long-lived assets after deducting accumulated depreciation and impairment cha...
Peer comparison
Standard metric for asset-heavy businesses like transportation, energy, and manufacturing.
Metric ID:
property_plant_equipment_netHistorical 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 | $35.75B | $36.48B | $37.15B | $37.38B | $38.09B | $38.81B | $39.72B | $39.85B | $40.7B | $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%
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is FedEx's pp&e (net)?
- FedEx (FDX) reported pp&e (net) of $41.54B in Q4 2025.
- 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 4 years (2021 to 2025), FedEx's pp&e (net) has grown at a 3.9% compound annual growth rate (CAGR), from $35.75B to $41.64B.
- What does pp&e (net) mean?
- The current accounting value of physical assets after accounting for wear and tear.