Debt to Equity Ratio: 1.36
Is the debt to equity ratio high or low?
The debt to equity ratio of 1.36 is in line with its 5-year average of 1.44, near the low end of its 5-year range (1.33–1.58).
As of Friday, June 26, 2026. 0.32% below its 12-month average of 1.36.
FDX Debt to Equity Ratio
Reported quarterly debt to equity ratio; no daily interpolation.
FDX Average Debt to Equity Ratio Chart
FDX Current vs Average Debt to Equity Ratio Chart
FDX Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
1.36
DEBT TO EQUITY RATIO AVG TTM
1.36
DEBT TO EQUITY RATIO AVG 3Y
1.39
DEBT TO EQUITY RATIO AVG 5Y
1.44
DEBT TO EQUITY RATIO AVG 10Y
1.35
DEBT TO EQUITY RATIO AVG 15Y
0.99
DEBT TO EQUITY RATIO AVG 20Y
0.79
CURRENT VS TTM AVG
-0.32%
CURRENT VS 3Y AVG
-2.63%
CURRENT VS 5Y AVG
-5.72%
CURRENT VS 10Y AVG
+0.76%
CURRENT VS 15Y AVG
+36.79%
CURRENT VS 20Y AVG
+72.03%
FDX Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FedEx Corporation (FDX) | $77.74B | 1.36 | 1.36 | 1.39 | 1.44 |
| Illinois Tool Works Inc. (ITW)vs › | $77.85B | 2.78 | 2.61 | 2.64 | 2.56 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $77.27B | 0.51 | 0.49 | 0.51 | 0.67 |
| TransDigm Group Incorporated (TDG)vs › | $74.27B | -3.10 | 3.42 | 2.87 | 2.73 |
| Emerson Electric Co. (EMR)vs › | $81.40B | 0.68 | 0.54 | 0.63 | 0.69 |
| Comfort Systems USA, Inc. (FIX)vs › | $70.97B | 0.32 | 0.25 | 0.27 | 0.37 |
| Norfolk Southern Corporation (NSC)vs › | $70.09B | 1.10 | 1.16 | 1.23 | 1.14 |
| Automatic Data Processing, Inc. (ADP)vs › | $86.47B | 1.46 | 1.14 | 1.08 | 0.89 |
| 3M Company (MMM)vs › | $87.61B | 2.75 | 3.16 | 2.73 | 2.28 |
| Cintas Corporation (CTAS)vs › | $67.66B | 0.57 | 0.59 | 0.69 | 0.73 |
Financial Health
Debt/Equity
1.36
Current Ratio
1.48
Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Debt to Equity Ratio FAQ
- What is the debt to equity ratio for FedEx Corporation (FDX)?
- The debt to equity ratio for FDX stock is 1.36.
- Is FedEx Corporation's debt to equity ratio high or low?
- The debt to equity ratio of 1.36 is in line with its 5-year average of 1.44, near the low end of its 5-year range (1.33–1.58).
- What is the TTM average debt to equity ratio for FedEx Corporation (FDX)?
- The TTM average debt to equity ratio for FDX stock is 1.36.
- What is the 3Y average debt to equity ratio for FedEx Corporation (FDX)?
- The 3Y average debt to equity ratio for FDX stock is 1.39.
- What is the 5Y average debt to equity ratio for FedEx Corporation (FDX)?
- The 5Y average debt to equity ratio for FDX stock is 1.44.
- What is the 10Y average debt to equity ratio for FedEx Corporation (FDX)?
- The 10Y average debt to equity ratio for FDX stock is 1.35.
- What is the 15Y average debt to equity ratio for FedEx Corporation (FDX)?
- The 15Y average debt to equity ratio for FDX stock is 0.99.
- What is the 20Y average debt to equity ratio for FedEx Corporation (FDX)?
- The 20Y average debt to equity ratio for FDX stock is 0.79.
FDX Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-05-31 | 1.36 |
| 2026-02-28 | 1.41 |
| 2025-11-30 | 1.34 |
| 2025-08-31 | 1.36 |
| 2025-05-31 | 1.33 |
| 2025-02-28 | 1.39 |
| 2024-11-30 | 1.41 |
| 2024-08-31 | 1.39 |
| 2024-05-31 | 1.37 |
| 2024-02-29 | 1.42 |
| 2023-11-30 | 1.43 |
| 2023-08-31 | 1.44 |
| 2023-05-31 | 1.47 |
| 2023-02-28 | 1.54 |
| 2022-11-30 | 1.58 |
| 2022-08-31 | 1.50 |
| 2022-05-31 | 1.49 |
| 2022-02-28 | 1.52 |
| 2021-11-30 | 1.48 |
| 2021-08-31 | 1.49 |
| 2021-05-31 | 1.51 |
| 2021-02-28 | 1.75 |
| 2020-11-30 | 1.83 |
| 2020-08-31 | 1.95 |
| 2020-05-31 | 1.97 |
| 2020-02-29 | 1.78 |
| 2019-11-30 | 1.78 |
| 2019-08-31 | 1.81 |
| 2019-05-31 | 0.99 |
| 2019-02-28 | 0.93 |
| 2018-11-30 | 0.90 |
| 2018-08-31 | 0.88 |
| 2018-05-31 | 0.85 |
| 2018-02-28 | 0.93 |
| 2017-11-30 | 0.91 |
| 2017-08-31 | 0.91 |
| 2017-05-31 | 0.93 |
| 2017-02-28 | 0.97 |
| 2016-11-30 | 0.94 |
| 2016-08-31 | 0.97 |
| 2016-05-31 | 1.01 |
| 2016-02-29 | 0.59 |
| 2015-11-30 | 0.57 |
| 2015-08-31 | 0.47 |
| 2015-05-31 | 0.48 |
| 2015-02-28 | 0.45 |
| 2014-11-30 | 0.30 |
| 2014-08-31 | 0.31 |
| 2014-05-31 | 0.31 |
| 2014-02-28 | 0.31 |
| 2013-11-30 | 0.17 |
| 2013-08-31 | 0.17 |
| 2013-05-31 | 0.17 |
| 2013-02-28 | 0.14 |
| 2012-11-30 | 0.14 |
| 2012-08-31 | 0.16 |
| 2012-05-31 | 0.11 |
| 2012-02-29 | 0.10 |
| 2011-11-30 | 0.11 |
| 2011-08-31 | 0.11 |
| 2011-05-31 | 0.11 |
| 2011-02-28 | 0.11 |
| 2010-11-30 | 0.13 |
| 2010-08-31 | 0.14 |
| 2010-05-31 | 0.14 |
| 2010-02-28 | 0.14 |
| 2009-11-30 | 0.14 |
| 2009-08-31 | 0.15 |
| 2009-05-31 | 0.19 |
| 2009-02-28 | 0.19 |
| 2008-11-30 | 0.13 |
| 2008-08-31 | 0.13 |
| 2008-05-31 | 0.14 |
| 2008-02-29 | 0.14 |
| 2007-11-30 | 0.16 |
| 2007-08-31 | 0.16 |
| 2007-05-31 | 0.21 |
| 2007-02-28 | 0.25 |
| 2006-11-30 | 0.26 |
| 2006-08-31 | 0.27 |
| 2006-05-31 | 0.21 |
| 2006-02-28 | 0.22 |
| 2005-11-30 | 0.26 |
| 2005-08-31 | 0.27 |
| 2005-05-31 | 0.29 |
| 2005-02-28 | 0.37 |
| 2004-11-30 | 0.40 |
| 2004-08-31 | 0.43 |
| 2004-05-31 | 0.45 |
| 2004-02-29 | 0.52 |
| 2003-11-30 | 0.30 |
| 2003-08-31 | 0.29 |
| 2003-05-31 | 0.28 |
| 2003-02-28 | 0.29 |
| 2002-11-30 | 0.26 |
| 2002-08-31 | 0.29 |
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