Company / Interest Expense
FedEx Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$745.0M
FY2023
5-year range
$689.0M / $745.0M
FY2019-FY2023
Trend
+7.3%
vs FY2022
Sector context
#2 of 119
Industrials
What the data says
Among 119 Industrials companies, FedEx is in the bottom 2% for interest expense. Interest Expense has fluctuated over the past 8 years, ranging from $512M in FY2019 to $793M in FY2020.
Based on SEC 10-K filings.
$745M in FY2023 with a 5-year CAGR of +4.8%. Ranks 2nd among 119 companies in Industrials.
Increased from $689M to $745M over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -2.1%
- 5-Year CAGR
- +4.8%
- 10-Year CAGR
- -
Sector benchmark
Bottom 2% in IndustrialsTop 98% of 119This company $745.0M Sector average $98.0M
▼
+660.0% above sector average
Key checks
Key Insights
- 5-year CAGR of +4.8%, indicating consistent growth.
- In FY2023, interest expense increased 7.3% year-over-year.
- Ranks #2 out of 119 companies in the Industrials sector.
- Peak interest expense was recorded in FY2020.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.62 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $745.0M | +7.3% |
| FY2022 | $694.0M | +0.7% |
| FY2021 | $689.0M | -13.1% |
| FY2020 | $793.0M | +54.9% |
| FY2019 | $512.0M | -12.9% |
| FY2018 | $588.0M | +5.4% |
| FY2017 | $558.0M | +9.0% |
| FY2016 | $512.0M | +52.4% |
As of FY2023 · SEC 10-K · Updated Jul 2, 2026