FedEx · Change in Working Capital

Latest reported-$3.51Bperiod endingMay 31, 2026

FDX FY Change in Working Capital (-$211.20M → -$3.51B)

Annual change in working capital

High-resolution chart · PNG

FDX change in working capital history

Annual fiscal periods · USD. Dates are reporting period ends; fiscal years can differ from calendar years.

FedEx Change in Working Capital — Annual fiscal periods (USD)
Period ending	Change in Working Capital (USD)
May 31, 2026	-3,513,000,000
May 31, 2025	-4,713,000,000
May 31, 2024	-3,431,000,000
May 31, 2023	-3,173,000,000
May 31, 2022	-3,119,000,000
May 31, 2021	-1,872,000,000
May 31, 2020	-4,092,000,000
May 31, 2019	-2,491,000,000
May 31, 2018	-3,460,000,000
May 31, 2017	-2,202,000,000
May 31, 2016	-537,000,000
May 31, 2015	-437,000,000
May 31, 2014	-1,248,000,000
May 31, 2013	-535,000,000
May 31, 2012	-835,000,000
May 31, 2011	-332,000,000
May 31, 2010	-578,000,000
May 31, 2009	-1,002,000,000
May 31, 2008	-828,000,000
May 31, 2007	-441,000,000
May 31, 2006	-127,000,000
May 31, 2005	-98,000,000
May 31, 2004	155,000,000
May 31, 2003	-854,000,000
May 31, 2002	56,000,000
May 31, 2001	-10,139,000
May 31, 2000	-226,248,000
May 31, 1999	105,759,000
May 31, 1998	97,235,000
May 31, 1997	-187,300,000
May 31, 1996	-140,900,000
May 31, 1995	58,600,000
May 31, 1994	-71,200,000
May 31, 1993	-12,400,000
May 31, 1992	99,100,000
May 31, 1991	109,300,000
May 31, 1990	-211,200,000