FedEx (FDX) Quick Ratio: History & Chart

FedEx Corporation(FDX)

Integrated Freight & Logistics · Memphis, TN

$283.93-7.57 (-2.60%)

Delayed quote: Sep 24, 2026, 11:40 AM EDT

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

530,000 employees

www.fedex.com

Industrials / Integrated Freight & Logistics

Sector: Industrials
Industry: Integrated Freight & Logistics
CEO: Rajesh Subramaniam

View full financials

FDX Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

1.44

QUICK RATIO (ACID-TEST) AVG TTM

1.29

QUICK RATIO (ACID-TEST) AVG 3Y

1.28

QUICK RATIO (ACID-TEST) AVG 5Y

1.32

QUICK RATIO (ACID-TEST) AVG 10Y

1.37

QUICK RATIO (ACID-TEST) AVG 15Y

1.49

QUICK RATIO (ACID-TEST) AVG 20Y

1.45

CURRENT VS TTM AVG

+11.23%

CURRENT VS 3Y AVG

+12.67%

CURRENT VS 5Y AVG

+9.44%

CURRENT VS 10Y AVG

+4.90%

CURRENT VS 15Y AVG

-3.42%

CURRENT VS 20Y AVG

-0.64%

SECTOR MEDIAN · INDUSTRIALS

1.15

median of 154 covered companies

CURRENT VS SECTOR MEDIAN

+25.77%

vs the sector median at left

NAME	MARKET CAP	QUICK RATIO (ACID-TEST)	TTM	3Y	5Y
FedEx Corporation (FDX)	$67.17B	1.44	1.29	1.28	1.32
Honeywell International Inc. (HON)vs ›	$66.42B	0.93	1.03	0.99	1.04
Republic Services, Inc. (RSG)vs ›	$65.60B	0.62	0.59	0.60	0.62
Norfolk Southern Corporation (NSC)vs ›	$70.64B	0.73	0.80	0.85	0.86
United Rentals, Inc. (URI)vs ›	$63.05B	0.70	0.90	0.89	0.89
Cummins Inc. (CMI)vs ›	$71.34B	1.13	0.98	0.87	0.99
TransDigm Group Incorporated (TDG)vs ›	$61.60B	1.98	1.77	2.45	2.80
Northrop Grumman Corporation (NOC)vs ›	$72.99B	1.06	0.94	0.98	1.10
Canadian National Railway Company (CNI)vs ›	$73.02B	0.61	0.47	0.52	0.63
W.W. Grainger, Inc. (GWW)vs ›	$60.60B	1.70	1.54	1.52	1.50

NAME

MARKET CAP

QUICK RATIO (ACID-TEST)

TTM

FedEx Corporation (FDX)

$67.17B

1.44

1.29

1.28

1.32

Honeywell International Inc. (HON)vs ›

$66.42B

0.93

1.03

0.99

1.04

Republic Services, Inc. (RSG)vs ›

$65.60B

0.62

0.59

0.60

0.62

Norfolk Southern Corporation (NSC)vs ›

$70.64B

0.73

0.80

0.85

0.86

United Rentals, Inc. (URI)vs ›

$63.05B

0.70

0.90

0.89

Cummins Inc. (CMI)vs ›

$71.34B

1.13

0.98

0.87

0.99

TransDigm Group Incorporated (TDG)vs ›

$61.60B

1.98

1.77

2.45

2.80

Northrop Grumman Corporation (NOC)vs ›

$72.99B

1.06

0.94

0.98

1.10

Canadian National Railway Company (CNI)vs ›

$73.02B

0.61

0.47

0.52

0.63

W.W. Grainger, Inc. (GWW)vs ›

$60.60B

1.70

1.54

1.52

1.50

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for FedEx Corporation (FDX)?

The quick ratio (acid-test) for FDX stock is 1.44.

Is FedEx Corporation's quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 1.44 is in line with its 5-year average of 1.32, near the high end of its 5-year range (1.15–1.47).

What is the TTM average quick ratio (acid-test) for FedEx Corporation (FDX)?

The TTM average quick ratio (acid-test) for FDX stock is 1.29.

What is the 3Y average quick ratio (acid-test) for FedEx Corporation (FDX)?

The 3Y average quick ratio (acid-test) for FDX stock is 1.28.

What is the 5Y average quick ratio (acid-test) for FedEx Corporation (FDX)?

The 5Y average quick ratio (acid-test) for FDX stock is 1.32.

What is the 10Y average quick ratio (acid-test) for FedEx Corporation (FDX)?

The 10Y average quick ratio (acid-test) for FDX stock is 1.37.

What is the 15Y average quick ratio (acid-test) for FedEx Corporation (FDX)?

The 15Y average quick ratio (acid-test) for FDX stock is 1.49.

What is the 20Y average quick ratio (acid-test) for FedEx Corporation (FDX)?

The 20Y average quick ratio (acid-test) for FDX stock is 1.45.

DATE	QUICK RATIO (ACID-TEST)
2026-05-31	1.44
2026-02-28	1.44
2025-11-30	1.23
2025-08-31	1.21
2025-05-31	1.15
2025-02-28	1.19
2024-11-30	1.19
2024-08-31	1.24
2024-05-31	1.32
2024-02-29	1.26
2023-11-30	1.30
2023-08-31	1.32
2023-05-31	1.32
2023-02-28	1.27
2022-11-30	1.25
2022-08-31	1.38
2022-05-31	1.38
2022-02-28	1.35
2021-11-30	1.45
2021-08-31	1.47
2021-05-31	1.46
2021-02-28	1.56
2020-11-30	1.71
2020-08-31	1.64
2020-05-31	1.53
2020-02-29	1.16
2019-11-30	1.20
2019-08-31	1.25
2019-05-31	1.39
2019-02-28	1.40
2018-11-30	1.36
2018-08-31	1.26
2018-05-31	1.33
2018-02-28	1.37
2017-11-30	1.50
2017-08-31	1.57
2017-05-31	1.53
2017-02-28	1.53
2016-11-30	1.48
2016-08-31	1.46
2016-05-31	1.44
2016-02-29	1.64
2015-11-30	1.79
2015-08-31	1.75
2015-05-31	1.75
2015-02-28	1.91
2014-11-30	1.69
2014-08-31	1.70
2014-05-31	1.74
2014-02-28	1.86
2013-11-30	1.93
2013-08-31	2.00
2013-05-31	1.88
2013-02-28	1.82
2012-11-30	1.80
2012-08-31	1.75
2012-05-31	1.60
2012-02-29	1.50
2011-11-30	1.44
2011-08-31	1.51
2011-05-31	1.61
2011-02-28	1.49
2010-11-30	1.44
2010-08-31	1.47
2010-05-31	1.48
2010-02-28	1.44
2009-11-30	1.47
2009-08-31	1.55
2009-05-31	1.49
2009-02-28	1.43
2008-11-30	1.16
2008-08-31	1.23
2008-05-31	1.27
2008-02-29	1.31
2007-11-30	1.21
2007-08-31	1.25
2007-05-31	1.16
2007-02-28	1.12
2006-11-30	1.09
2006-08-31	1.25
2006-05-31	1.12
2006-02-28	1.16
2005-11-30	1.05
2005-08-31	1.10
2005-05-31	1.06
2005-02-28	0.97
2004-11-30	0.99
2004-08-31	1.08
2004-05-31	0.98
2004-02-29	0.73
2003-11-30	1.17
2003-08-31	1.20
2003-05-31	1.11
2003-02-28	0.97
2002-11-30	1.16
2002-08-31	1.14

DATE

QUICK RATIO (ACID-TEST)

2026-05-31

1.44

2026-02-28

1.44

2025-11-30

1.23

2025-08-31

1.21

2025-05-31

1.15

2025-02-28

1.19

2024-11-30

1.19

2024-08-31

1.24

2024-05-31

1.32

2024-02-29

1.26

2023-11-30

1.30

2023-08-31

1.32

2023-05-31

1.32

2023-02-28

1.27

2022-11-30

1.25

2022-08-31

1.38

2022-05-31

1.38

2022-02-28

1.35

2021-11-30

1.45

2021-08-31

1.47

2021-05-31

1.46

2021-02-28

1.56

2020-11-30

1.71

2020-08-31

1.64

2020-05-31

1.53

2020-02-29

1.16

2019-11-30

1.20

2019-08-31

1.25

2019-05-31

1.39

2019-02-28

1.40

2018-11-30

1.36

2018-08-31

1.26

2018-05-31

1.33

2018-02-28

1.37

2017-11-30

1.50

2017-08-31

1.57

2017-05-31

1.53

2017-02-28

1.53

2016-11-30

1.48

2016-08-31

1.46

2016-05-31

1.44

2016-02-29

1.64

2015-11-30

1.79

2015-08-31

1.75

2015-05-31

1.75

2015-02-28

1.91

2014-11-30

1.69

2014-08-31

1.70

2014-05-31

1.74

2014-02-28

1.86

2013-11-30

1.93

2013-08-31

2.00

2013-05-31

1.88

2013-02-28

1.82

2012-11-30

1.80

2012-08-31

1.75

2012-05-31

1.60

2012-02-29

1.50

2011-11-30

1.44

2011-08-31

1.51

2011-05-31

1.61

2011-02-28

1.49

2010-11-30

1.44

2010-08-31

1.47

2010-05-31

1.48

2010-02-28

1.44

2009-11-30

1.47

2009-08-31

1.55

2009-05-31

1.49

2009-02-28

1.43

2008-11-30

1.16

2008-08-31

1.23

2008-05-31

1.27

2008-02-29

1.31

2007-11-30

1.21

2007-08-31

1.25

2007-05-31

1.16

2007-02-28

1.12

2006-11-30

1.09

2006-08-31

1.25

2006-05-31

1.12

2006-02-28

1.16

2005-11-30

1.05

2005-08-31

1.10

2005-05-31

1.06

2005-02-28

0.97

2004-11-30

0.99

2004-08-31

1.08

2004-05-31

0.98

2004-02-29

0.73

2003-11-30

1.17

2003-08-31

1.20

2003-05-31

1.11

2003-02-28

0.97

2002-11-30

1.16

2002-08-31

1.14

Quick Ratio (Acid-Test): 1.44

FDX Quick Ratio

FDX Average Quick Ratio (Acid-Test) Chart

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FDX Quick Ratio (Acid-Test) Metrics

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Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio (Acid-Test) FAQ

FDX Quick Ratio (Acid-Test) History

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