FedEx Corporation (FDX) Current Ratio: 1.48
Is FedEx Corporation’s current ratio high or low?
FedEx Corporation's current ratio of 1.48 is in line with its 5-year average of 1.39, near the high end of its 5-year range (1.19–1.51).
As of Wednesday, June 24, 2026. 10.86% above its 12-month average of 1.33.
FDX Current Ratio Chart
Reported annual fiscal-period values; no daily interpolation.
FDX Average Current Ratio Chart
FDX Current vs Average Current Ratio Chart
FDX Current Ratio Metrics
CURRENT RATIO
1.48
CURRENT RATIO AVG TTM
1.33
CURRENT RATIO AVG 3Y
1.35
CURRENT RATIO AVG 5Y
1.39
CURRENT RATIO AVG 10Y
1.44
CURRENT RATIO AVG 15Y
1.55
CURRENT RATIO AVG 20Y
1.49
CURRENT VS TTM AVG
+10.86%
CURRENT VS 3Y AVG
+9.63%
CURRENT VS 5Y AVG
+6.47%
CURRENT VS 10Y AVG
+2.71%
CURRENT VS 15Y AVG
-4.75%
CURRENT VS 20Y AVG
-0.64%
FDX Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FedEx Corporation (FDX) | $75.60B | 1.48 | 1.33 | 1.35 | 1.39 |
| Illinois Tool Works Inc. (ITW)vs › | $75.27B | 1.21 | 1.29 | 1.33 | 1.61 |
| TransDigm Group Incorporated (TDG)vs › | $73.98B | 3.21 | 2.40 | 3.25 | 3.59 |
| Emerson Electric Co. (EMR)vs › | $79.22B | 0.88 | 1.32 | 1.62 | 1.56 |
| Comfort Systems USA, Inc. (FIX)vs › | $68.55B | 1.21 | 1.15 | 1.13 | 1.15 |
| Norfolk Southern Corporation (NSC)vs › | $68.50B | 0.85 | 0.88 | 0.94 | 0.95 |
| Cintas Corporation (CTAS)vs › | $67.54B | 2.09 | 1.60 | 1.46 | 1.42 |
| CSX Corporation (CSX)vs › | $86.07B | 0.81 | 0.83 | 1.07 | 1.37 |
| Johnson Controls International plc (JCI)vs › | $86.20B | 0.93 | 0.94 | 0.97 | 1.03 |
| 3M Company (MMM)vs › | $86.53B | 1.71 | 1.56 | 1.43 | 1.55 |
Liquidity Analysis
Current Ratio
1.48
Quick Ratio
1.48
FedEx Corporation Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
FedEx Corporation Current Ratio FAQ
- What is the current ratio for FedEx Corporation (FDX)?
- The current ratio for FDX stock is 1.48.
- Is FedEx Corporation's current ratio high or low?
- FedEx Corporation's current ratio of 1.48 is in line with its 5-year average of 1.39, near the high end of its 5-year range (1.19–1.51).
- What is the TTM average current ratio for FedEx Corporation (FDX)?
- The TTM average current ratio for FDX stock is 1.33.
- What is the 3Y average current ratio for FedEx Corporation (FDX)?
- The 3Y average current ratio for FDX stock is 1.35.
- What is the 5Y average current ratio for FedEx Corporation (FDX)?
- The 5Y average current ratio for FDX stock is 1.39.
- What is the 10Y average current ratio for FedEx Corporation (FDX)?
- The 10Y average current ratio for FDX stock is 1.44.
- What is the 15Y average current ratio for FedEx Corporation (FDX)?
- The 15Y average current ratio for FDX stock is 1.55.
- What is the 20Y average current ratio for FedEx Corporation (FDX)?
- The 20Y average current ratio for FDX stock is 1.49.
FedEx Corporation Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2026-05-31 | 1.48 |
| 2025-05-31 | 1.19 |
| 2024-05-31 | 1.36 |
| 2023-05-31 | 1.37 |
| 2022-05-31 | 1.43 |
| 2021-05-31 | 1.51 |
| 2020-05-31 | 1.58 |
| 2019-05-31 | 1.45 |
| 2018-05-31 | 1.39 |
| 2017-05-31 | 1.59 |
| 2016-05-31 | 1.50 |
| 2015-05-31 | 1.84 |
| 2014-05-31 | 1.82 |
| 2013-05-31 | 1.96 |
| 2012-05-31 | 1.69 |
| 2011-05-31 | 1.70 |
| 2010-05-31 | 1.57 |
| 2009-05-31 | 1.57 |
| 2008-05-31 | 1.35 |
| 2007-05-31 | 1.22 |
| 2006-05-31 | 1.18 |
| 2005-05-31 | 1.11 |
| 2004-05-31 | 1.03 |
| 2003-05-31 | 1.18 |
| 2002-05-31 | 1.28 |
| 2001-05-31 | 1.06 |
| 2000-05-31 | 1.14 |
| 1999-05-31 | 1.13 |
| 1998-05-31 | 1.03 |
| 1997-05-31 | 1.07 |
Related Metrics
About FedEx Corporation
FedEx Corporation is a prominent global entity that delivers an extensive array of services encompassing transportation, e-commerce solutions, and diverse business support, catering to clients both within the United States and across international borders. Its operational structure is divided into several key segments: The FedEx Express division specializes in expedited shipping, offering rapid package and freight delivery, crucial time-sensitive logistics, and comprehensive cross-border, technological, and e-commerce transportation services. FedEx Ground focuses on reliable, scheduled delivery services for both commercial clients and individual households. The FedEx Freight unit manages less-than-truckload (LTL) cargo shipments, supported by a significant infrastructure that, as of May 31, 2022, included approximately 30,000 vehicles and 400 service centers. FedEx Services provides essential internal support functions across the company, such as sales, marketing, information technology, communications, customer and technical assistance, billing, collections, and other vital administrative operations. Finally, the Corporate, Other, and Eliminations segment broadens FedEx's offerings to include integrated supply chain management, specialized transportation, customs brokerage, global ocean and air freight forwarding, document and business services, and convenient retail access points for its package delivery operations. Established in 1971, FedEx Corporation maintains its headquarters in Memphis, Tennessee.
- Sector
- Industrials
- Industry
- Integrated Freight & Logistics
- CEO
- Rajesh Subramaniam