Company / Working Capital
FedEx Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$3.0B
FY2025
5-year range
$3.0B / $6.9B
FY2021-FY2025
Trend
-38.7%
vs FY2024
Sector context
#18 of 344
Industrials
What the data says
Among 344 Industrials companies, FedEx is in the top 5% for working capital. Working Capital has declined for 4 consecutive years, from $6.9B in FY2021 to $3.0B in FY2025.
Based on SEC 10-K filings.
$3.0B in FY2025 with a 5-year CAGR of -13.2%. Top quartile in the Industrials sector.
Declined from $5.0B to $3.0B over the past 2 years.
Industrials sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -21.2%
- 5-Year CAGR
- -13.2%
- 10-Year CAGR
- -
Sector benchmark
Top 5% in IndustrialsTop 5% of 344This company $3.0B Sector average $687.7M
▼
+332.6% above sector average
Key checks
Key Insights
- FedEx's working capital has declined for 4 consecutive years.
- 5-year CAGR of -13.2%, indicating a declining trend.
- In FY2025, working capital decreased 38.7% year-over-year.
- Ranks #18 out of 344 companies in the Industrials sector.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $3.0B | -38.7% |
| FY2024 | $4.9B | -3.4% |
| FY2023 | $5.0B | -17.5% |
| FY2022 | $6.1B | -12.0% |
| FY2021 | $6.9B | +14.6% |
| FY2020 | $6.0B | +48.3% |
| FY2019 | $4.1B | +9.7% |
| FY2018 | $3.7B | -21.1% |
| FY2017 | $4.7B | +18.3% |
| FY2016 | $4.0B | -9.1% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026