FedEx Corporation (FDX) Free Cash Flow CAGR:27.40%(TTM)
Free cash flow CAGR uses precomputed cash-flow statement history.
Over longer horizons, FedEx Corporation's Free Cash Flow CAGR averages 27.69% over 3 years and 2.59% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Free cash flow CAGR measures how FedEx Corporation's cash generation has grown. FCF represents the cash available for dividends, buybacks, debt reduction, or reinvestment.
FDX Free Cash Flow CAGR Chart
FedEx Corporation (FDX)
FDX Quarterly Free Cash Flow Growth (YoY)
Free Cash Flow growth vs the same quarter one year earlier, last 20 quarters.
FDX Free Cash Flow CAGR History
| Year | Start FCF | End FCF | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2026 | $2.98B | $5.12B | +$2.13B | +71.62% | +71.62% |
| 2025 | $3.14B | $2.98B | $-155.00M | -4.94% | -4.94% |
| 2024 | $2.64B | $3.14B | +$495.00M | +18.74% | +18.74% |
| 2023 | $3.07B | $2.64B | $-428.00M | -13.95% | -13.95% |
| 2022 | $4.25B | $3.07B | $-1.18B | -27.81% | -27.81% |
| 2021 | $-771.00M | $4.25B | +$5.02B | N/A | N/A |
| 2020 | $123.00M | $-771.00M | $-894.00M | -726.83% | N/A |
| 2019 | $-989.00M | $123.00M | +$1.11B | N/A | N/A |
| 2018 | $-186.00M | $-989.00M | $-803.00M | N/A | N/A |
| 2017 | $890.00M | $-186.00M | $-1.08B | -120.90% | N/A |
| 2016 | $1.02B | $890.00M | $-129.00M | -12.66% | -12.66% |
| 2015 | $731.00M | $1.02B | +$288.00M | +39.40% | +39.40% |
| 2014 | $1.31B | $731.00M | $-582.00M | -44.33% | -44.33% |
| 2013 | $828.00M | $1.31B | +$485.00M | +58.57% | +58.57% |
| 2012 | $607.00M | $828.00M | +$221.00M | +36.41% | +36.41% |
| 2011 | $322.00M | $607.00M | +$285.00M | +88.51% | +88.51% |
| 2010 | $294.00M | $322.00M | +$28.00M | +9.52% | +9.52% |
| 2009 | $537.00M | $294.00M | $-243.00M | -45.25% | -45.25% |
| 2008 | $681.00M | $537.00M | $-144.00M | -21.15% | -21.15% |
| 2007 | $1.16B | $681.00M | $-477.00M | -41.19% | -41.19% |
| 2006 | $881.00M | $1.16B | +$277.00M | +31.44% | +31.44% |
| 2005 | $1.75B | $881.00M | $-868.00M | -49.63% | -49.63% |
| 2004 | $360.00M | $1.75B | +$1.39B | +385.83% | +385.83% |
| 2003 | $613.00M | $360.00M | $-253.00M | -41.27% | -41.27% |
| 2002 | $150.42M | $613.00M | +$462.58M | +307.52% | +307.52% |
| 2001 | $-2.18M | $150.42M | +$152.60M | N/A | N/A |
| 2000 | $2.17M | $-2.18M | $-4.35M | -200.09% | N/A |
| 1999 | $-173.80M | $2.17M | +$175.97M | N/A | N/A |
| 1998 | $-463.10M | $-173.80M | +$289.30M | N/A | N/A |
Quarterly Free Cash Flow: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q3 2026 | $1.04B | -13.1% | +2.3% |
| Q2 2025 | $1.19B | +9.2% | +138.8% |
| Q1 2025 | $1.09B | +4.5% | +160.2% |
| Q4 2025 | $1.05B | +3.1% | -30.1% |
| Q3 2025 | $1.01B | +103.0% | +339.4% |
| Q2 2024 | $500.00M | +19.0% | +6.6% |
| Q1 2024 | $420.00M | -71.9% | -55.3% |
| Q4 2024 | $1.50B | +547.6% | -9.9% |
| Q3 2024 | $231.00M | -50.7% | -76.9% |
| Q2 2023 | $469.00M | -50.1% | — |
| Q1 2023 | $940.00M | -43.4% | +191.0% |
| Q4 2023 | $1.66B | +66.3% | +48.5% |
| Q3 2023 | $998.00M | — | -1.4% |
| Q2 2022 | -$340.00M | — | — |
| Q1 2022 | $323.00M | -71.1% | -37.2% |
| Q4 2022 | $1.12B | +10.5% | +5.4% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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