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Company Dossier · Industrials

FedEx

FDXNYSEAir Freight & LogisticsWILMINGTON, US-DE, USLarge capWebsite ↗
  • S&P 500
  • S&P 100
  • Russell 1000

What FedEx is doing, read from its filings, its own words and the news, with every figure dated and sourced. Not investment advice: no ratings, no price targets.

Open the full company record in Palanor: guidance, KPIs, ownership, calls, prices →

The latest read

Computed from the data on Oct 22, 2026. Every figure links back to its source in the sections below.

  • Revenue over the four quarters to May 31, 2026: $94.7 billion, up 7.7% from a year earlier.SEC EDGAR filings (XBRL)
  • Free cash flow (operating cash flow minus capital expenditure) over the four quarters to May 31, 2026: $5.12 billion, up 72% from a year earlier.SEC EDGAR filings (XBRL)
  • Capital expenditure over the four quarters to May 31, 2026: $3.81 billion, down 6.2% from a year earlier.SEC EDGAR filings (XBRL)
  • Share buybacks in the fiscal year to May 31, 2026: $0.80 billion.SEC EDGAR filings (10-K)
  • Long-term debt issued in the fiscal year to May 31, 2026: $5.29 billion.SEC EDGAR filings (10-K)
  • Latest earnings call or results release (July 21, 2026): sentiment 0.00 on a −1 to +1 scale (mixed), confidence 0.20 of 1.Palanor Discourse
  • Latest annual report (filed July 20, 2026): 3 risk factors added, 1 removed.Risk Factor Changes (10-K Item 1A)
  • Insiders were net sellers in Q2 2026: $20.2 million on the open market.SEC Form 4
  • 1,972 institutional managers reported a position at June 30, 2026 (−75 on the quarter before).SEC Form 13F
  • H-1B filings certified in Q2 2026: 321 (257 a year earlier).U.S. Department of Labor (OFLC)
  • Headlines in the last 30 days: 5, of which 1 read positive and 0 negative.Palanor headline tone

Risk events (12 months): 2 — latest OSHA inspection, Aug 25, 2026 →

Company Posture

How Company Posture is measured →

What FedEx is doing, on three axes, from its filings and its own words, as of 2026-10-22. A description, not a rating: Company Posture never says whether to buy.

Steady · Hedging

Expanding ↔ Retrenching

Steady

RetrenchingExpanding

Confident ↔ Hedging

Hedging

HedgingConfident

Pressure

Components only: Not yet shown as a score: in the back-test it did not add to a naive reader's forecast of impairment, debt acceleration or bankruptcy filings (8-K 2.06, 2.04, 1.03) (not enough events (17 in half 1; needs 20)).

Credit

How these are built →

FedEx's borrowing from its SEC filings: the bonds it priced and the debt on its latest balance sheet. A description, not a rating.

Debt on the balance sheet

$27.8B

  • Due within a year $3.2B
  • Longer term $24.6B
  • Default point $15.5B (short + ½ long)

Finance leases included · May 31, 2026 filing

Bonds priced, last 12 months

$1.1B

U.S. dollar tranches with a term sheet on EDGAR. Deals sold under Rule 144A file none and are not counted.

PricedAmountCouponMaturesSpreadYield
Sep 9, 2026€1.1B4.000%2030 (4y)+97bp4.079%
Sep 9, 2026€900M4.625%2034 (8y)+132bp4.655%
Sep 9, 2026$1.1B5.750%2036 (10y)+95bp5.779%
Jul 23, 2025€500M3.500%2032 (7y)+126bp3.540%
Jul 23, 2025€350M4.125%2037 (12y)+142bp4.134%

From the pricing term sheets FedEx filed with the SEC. Spread is to the benchmark Treasury (or Bund, Gilt) at pricing.

Charts

Live charts: each one redraws from today’s data and has an image link to paste into a document or slide.

Cash flow

Business

FedEx: free cash flow, trailing twelve months

Operating cash flow minus capital expenditure, $ billions, from SEC filings

$5.1BData to May 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

FedEx: operating cash flow and capital expenditure

Trailing twelve months, $ billions, from SEC filings

Data to May 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

FedEx: revenue, trailing twelve months

$ billions, from SEC filings

$94.7BData to May 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR

Capital returned and raised

Business

FedEx: share buybacks by fiscal year

Cash paid to repurchase common stock, $ billions, from the 10-K

$0.8BData to May 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

FedEx: debt issued and repaid by fiscal year

Long-term debt, $ billions, from the 10-K

Data to May 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

FedEx: debt maturity schedule, latest annual report

Scheduled repayments of long-term debt principal by year from the fiscal year end, $ billions, from the 10-K

Data to May 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

FedEx: debt due within a year and cash

At each balance-sheet date, $ billions, from SEC filings

Data to May 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

FedEx: interest coverage

Operating income ÷ interest expense, trailing twelve months, from SEC filings

6.2Data to May 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR

What the company says

Business

FedEx: guidance raised minus lowered

Guidance Ledger statements by quarter

3.0Data to Mar 2026
ImageDataGuidance Ledger by Palanor · source: SEC EDGAR
Business

FedEx: earnings call sentiment

Palanor Discourse score per call, −1 to +1

0.00Data to Jul 2026
ImageDataPalanor calculation
Business

FedEx: earnings call confidence

Palanor Discourse score per call, 0 to 1

0.20Data to Jul 2026
ImageDataPalanor calculation
Business

FedEx: risk factors added per annual report

New Item 1A risk factors in each 10-K

3.0Data to Jul 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

FedEx: revenue per shipment

KPI Ledger, as reported in the company's results releases, $ billions

0.00Data to May 2026
ImageDataKPI Ledger by Palanor · source: SEC EDGAR

Hiring and ownership

Business

FedEx: H-1B filings certified

Labor Condition Applications by quarter received

321.0Data to Jun 2026
ImageDataU.S. Department of Labor, Office of Foreign Labor Certification disclosure data, dol.gov
Business

FedEx: insider net buying

Open-market purchases minus sales by officers and directors, $ millions, by quarter

−$20.2MData to Jun 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR
Business

FedEx: institutional holders

Managers reporting a position on Form 13F, by quarter

1,972Data to Jun 2026
ImageDataU.S. Securities and Exchange Commission, EDGAR

In the news

Headlines that name FedEx, with the publisher and a link. The tone is read from each headline’s own words, never from a summary of the article.

30 days
5 headlines
20% positive · 0% negative
90 days
6 headlines
17% positive · 0% negative

Filings and records

The last two years of notable 8-Ks, offerings, annual reports, federal awards, lobbying reports, patents and other public records, newest first.

  1. Oct 21, 2026Lobbying
    Lobbying report (HARBINGER STRATEGIES, LLC)third_quarter 2026 · $0.1 million
  2. Oct 20, 2026Lobbying
    Lobbying report (ELEVATE GOVERNMENT AFFAIRS, LLC)third_quarter 2026 · $0.1 million
  3. Oct 20, 2026Lobbying
    Lobbying report (THEGROUP DC, LLC)third_quarter 2026 · $0.1 million
  4. Oct 20, 2026Lobbying
    Lobbying report (FEDEX CORPORATION)third_quarter 2026 · $2.9 million
  5. Oct 20, 2026Lobbying
    Lobbying report (CAPITOL LEGISLATIVE STRATEGIES LLC)third_quarter 2026 · $0.0 million
  6. Oct 20, 2026Patent
    Patent granted: Methods, Systems, and Apparatuses For a Wireless Storage DeviceUS 12767349
  7. Oct 19, 2026Lobbying
    Lobbying report (THORN RUN PARTNERS)third_quarter 2026 · $0.0 million
  8. Oct 19, 2026Lobbying
    Lobbying report (EMPIRE CONSULTING GROUP)third_quarter 2026 · $0.1 million
  9. Oct 19, 2026Lobbying
    Lobbying report (THE NICKLES GROUP, LLC)third_quarter 2026 · $0.1 million
  10. Oct 6, 2026Patent
    Patent granted: SYSTEM AND METHOD FOR WIRELESS-ENABLED OBJECT LOCATION, TRACKING, AND DIRECTION PROVISIONUS 12753905
  11. Oct 6, 2026Patent
    Patent granted: REMOVABLE DELIVERY-VEHICLE DOCK PLATEUS 12753029
  12. Oct 6, 2026Patent
    Patent granted: TESTING A SHIPPING PACKAGEUS 12754112
  13. Oct 1, 2026Federal award
    Federal award from Department of Veterans Affairs$15.0 million
  14. Oct 1, 2026Federal award
    Federal award from Department of Veterans Affairs$13.8 million
  15. Oct 1, 2026Federal award
    Federal award from Department of Veterans Affairs$25.0 million
  16. Oct 1, 2026Federal award
    Federal award from Department of Veterans Affairs$25.0 million
  17. Oct 1, 2026Federal award
    Federal award from Department of Veterans Affairs$10.9 million
  18. Oct 1, 2026Federal award
    Federal award from Department of Veterans Affairs$17.5 million
  19. Oct 1, 2026Federal award
    Federal award from Department of Veterans Affairs$17.2 million
  20. Sep 29, 20268-K
    Shareholder vote resultsItem 5.07
  21. Sep 15, 2026Patent
    Patent granted: METHODS OF PERFORMING A DISPATCHED STORE-TO-CONSUMER LOGISTICS OPERATION FOR AN ORDERED ITEM AND USING A MODULAR AUTONOMOUS BOT APPARATUS ASSEMBLY AND A DISPATCH SERVERUS 12738116
  22. Aug 25, 2026Risk event
    OSHA monitoring inspection: FEDEX INCORPORATEDOSHA
  23. Aug 4, 2026Risk event
    OSHA accident inspection: FEDEXOSHA
  24. Jul 24, 20268-K
    Director or officer changeItem 5.02
  25. Jul 20, 202610-K
    Annual report (10-K)3 risk factors added, 1 removed
  26. Jun 8, 20268-K
    Director or officer changeItem 5.02
  27. Jun 1, 20268-K
    Material agreement signedItem 1.01
  28. Jun 1, 20268-K
    Acquisition or sale completedItem 2.01
  29. Jun 1, 20268-K
    Director or officer changeItem 5.02
  30. May 18, 20268-K
    Director or officer changeItem 5.02
  31. May 8, 20268-K
    Director or officer changeItem 5.02
  32. Apr 13, 20268-K
    Director or officer changeItem 5.02
  33. Mar 12, 20268-K
    Director or officer changeItem 5.02
  34. Mar 1, 2026Federal award
    Federal award from Department of Defense$32.0 million
  35. Jan 29, 20268-K
    Exit or restructuring costsItem 2.05
  36. Jan 29, 20268-K
    Director or officer changeItem 5.02
  37. Jan 16, 20268-K
    Material agreement signedItem 1.01
  38. Jan 16, 20268-K
    Director or officer changeItem 5.02
  39. Nov 6, 20258-K
    Material agreement signedItem 1.01
  40. Oct 2, 20258-K
    Director or officer changeItem 5.02

Peers

Companies in the same industry in the S&P 500, Russell 1000 or MidCap 400, closest in revenue first. Trailing twelve months, from SEC filings.

CompanyRevenueFree cash flowThrough
United Parcel Service UPS$89.9B$5.5BJun 30, 2026
C.H. Robinson CHRW$17.0B$0.7BJun 30, 2026
GXO Logistics GXO$13.6B$0.2BJun 30, 2026
Expeditors International EXPD$12.0B$0.9BJun 30, 2026
Boeing Co. BA$94.0B−$0.2BJun 30, 2026
RTX Corp. RTX$96.0B$9.5BSep 30, 2026
Lockheed Martin LMT$77.0B$8.7BJun 28, 2026
Caterpillar Inc. CAT$74.7B$10.7BJun 30, 2026

Identity

SEC CIK
1048911
LEI
549300E707U7WNPZN687
Wikidata
Q459477
SAM UEI
D8YCU3XSC4V5
SAM UEI
Q9PFF5JU9TR4

Built from SEC EDGAR filings (public domain), the Guidance and KPI Ledgers, Palanor Discourse, U.S. Department of Labor filings, USPTO, USAspending and Senate lobbying records, and rights-checked news headlines. Updated nightly; this page was built Oct 22, 2026. How the Dossier is built

S&P 500, S&P 100, S&P MidCap 400 and Dow Jones Industrial Average are trademarks of S&P Dow Jones Indices LLC or its affiliates; Nasdaq-100 is a trademark of Nasdaq, Inc.; Russell 1000 is a trademark of FTSE Russell. Membership is shown for identification only. Palanor is not affiliated with or endorsed by the index owners.

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