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FDXFedEx Corporation

Debt to Assets Ratio: 13.28%

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Is the debt to assets ratio high or low?

The debt to assets ratio of 13.28% is 69% below its 5-year average of 42.22%, near the low end of its 5-year range (13.28%–44.44%).

As of Wednesday, June 24, 2026. 64.22% below its 12-month average of 37.11%.

Debt/Equity|Total Debt|Total Assets|Interest Coverage|All Metrics
Debt to Assets

FDX Debt to Assets Ratio

13.28%

Reported quarterly debt to assets ratio; no daily interpolation.

-70.01% 5Y
FDX Debt to Assets Ratio

FDX Average Debt to Assets Ratio Chart

FDX Debt to Assets Ratio

FDX Current vs Average Debt to Assets Ratio Chart

FDX Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

13.28%

DEBT TO ASSETS RATIO AVG TTM

37.11%

DEBT TO ASSETS RATIO AVG 3Y

43.41%

DEBT TO ASSETS RATIO AVG 5Y

43.67%

DEBT TO ASSETS RATIO AVG 10Y

40.47%

DEBT TO ASSETS RATIO AVG 15Y

30.68%

DEBT TO ASSETS RATIO AVG 20Y

25.40%

CURRENT VS TTM AVG

-64.22%

CURRENT VS 3Y AVG

-69.41%

CURRENT VS 5Y AVG

-69.59%

CURRENT VS 10Y AVG

-67.19%

CURRENT VS 15Y AVG

-56.72%

CURRENT VS 20Y AVG

-47.72%

FDX Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
FedEx Corporation (FDX)$75.60B13.28%37.11%43.41%43.67%
Illinois Tool Works Inc. (ITW)vs ›$75.86B0.56%N/AN/AN/A
TransDigm Group Incorporated (TDG)vs ›$73.98B1.31%N/AN/AN/A
Emerson Electric Co. (EMR)vs ›$79.22B0.33%N/AN/AN/A
Comfort Systems USA, Inc. (FIX)vs ›$68.55B0.12%N/AN/AN/A
Norfolk Southern Corporation (NSC)vs ›$68.50B0.38%N/AN/AN/A
Cintas Corporation (CTAS)vs ›$68.40B0.27%N/AN/AN/A
CSX Corporation (CSX)vs ›$86.07B0.44%N/AN/AN/A
3M Company (MMM)vs ›$86.53B0.34%N/AN/AN/A
Johnson Controls International plc (JCI)vs ›$87.13B0.29%N/AN/AN/A

Leverage Ratios Comparison

Debt/Assets

13.3%

Debt/Equity

0.18

Current Ratio

1.48

Interest Coverage

N/A

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Debt to Assets Ratio Formula & Definition

Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Assets Ratio FAQ

What is the debt to assets ratio for FedEx Corporation (FDX)?
The debt to assets ratio for FDX stock is 13.28%.
Is FedEx Corporation's debt to assets ratio high or low?
The debt to assets ratio of 13.28% is 69% below its 5-year average of 42.22%, near the low end of its 5-year range (13.28%–44.44%).
What is the TTM average debt to assets ratio for FedEx Corporation (FDX)?
The TTM average debt to assets ratio for FDX stock is 37.11%.
What is the 3Y average debt to assets ratio for FedEx Corporation (FDX)?
The 3Y average debt to assets ratio for FDX stock is 43.41%.
What is the 5Y average debt to assets ratio for FedEx Corporation (FDX)?
The 5Y average debt to assets ratio for FDX stock is 43.67%.
What is the 10Y average debt to assets ratio for FedEx Corporation (FDX)?
The 10Y average debt to assets ratio for FDX stock is 40.47%.
What is the 15Y average debt to assets ratio for FedEx Corporation (FDX)?
The 15Y average debt to assets ratio for FDX stock is 30.68%.
What is the 20Y average debt to assets ratio for FedEx Corporation (FDX)?
The 20Y average debt to assets ratio for FDX stock is 25.40%.

FDX Debt to Assets Ratio History

DATEDEBT TO ASSETS RATIO
2026-05-3113.28%
2026-02-2844.36%
2025-11-3042.35%
2025-08-3142.87%
2025-05-3142.70%
2025-02-2843.54%
2024-11-3043.61%
2024-08-3143.55%
2024-05-3143.35%
2024-02-2943.56%
2023-11-3043.36%
2023-08-3143.64%
2023-05-3144.00%
2023-02-2844.40%
2022-11-3044.44%
2022-08-3143.86%
2022-05-3143.25%
2022-02-2844.41%
2021-11-3043.72%
2021-08-3144.27%
2021-05-3144.05%
2021-02-2846.58%
2020-11-3047.38%
2020-08-3148.98%
2020-05-3149.12%
2020-02-2947.76%
2019-11-3047.48%
2019-08-3147.91%
2019-05-3132.32%
2019-02-2833.81%
2018-11-3032.45%
2018-08-3132.65%
2018-05-3131.69%
2018-02-2833.90%
2017-11-3030.71%
2017-08-3130.71%
2017-05-3130.75%
2017-02-2831.55%
2016-11-3029.33%
2016-08-3130.24%
2016-05-3130.10%
2016-02-2922.44%
2015-11-3022.14%
2015-08-3119.49%
2015-05-3119.61%
2015-02-2820.02%
2014-11-3014.36%
2014-08-3114.53%
2014-05-3114.32%
2014-02-2814.47%
2013-11-308.91%
2013-08-318.89%
2013-05-318.91%
2013-02-287.04%
2012-11-307.16%
2012-08-317.69%
2012-05-315.57%
2012-02-295.81%
2011-11-305.90%
2011-08-315.99%
2011-05-316.15%
2011-02-286.43%
2010-11-307.35%
2010-08-317.61%
2010-05-317.75%
2010-02-287.84%
2009-11-307.96%
2009-08-318.70%
2009-05-3110.65%
2009-02-2811.13%
2008-11-307.61%
2008-08-317.68%
2008-05-317.83%
2008-02-298.23%
2007-11-308.76%
2007-08-318.96%
2007-05-3111.03%
2007-02-2813.07%
2006-11-3013.01%
2006-08-3113.49%
2006-05-3110.76%
2006-02-2811.37%
2005-11-3012.71%
2005-08-3113.13%
2005-05-3113.70%
2005-02-2816.76%
2004-11-3017.54%
2004-08-3118.44%
2004-05-3118.75%
2004-02-2921.45%
2003-11-3013.72%
2003-08-3113.55%
2003-05-3113.11%
2003-02-2813.52%
2002-11-3012.47%
2002-08-3113.58%

Related Metrics

Debt/EquityTotal DebtTotal AssetsInterest CoverageAll 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.

Memphis, TN
306,000 employees
www.fedex.com
Industrials / Integrated Freight & Logistics
Sector
Industrials
Industry
Integrated Freight & Logistics
CEO
Rajesh Subramaniam
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