CSIMarket
 


Fedex Corporation  (FDX)
Other Ticker:  
 

Fedex's Leverage Ratio

FDX's quarterly Leverage Ratio and Total Liabilities, Equity growth


Despite a net increase in borrowings by 0.86%, Fedex managed to enhance Leverage Ratio in the second quarter 2023 to 1.39, falling below the company's typical Leverage Ratio.

Within Transport & Logistics industry in the second quarter 2023, 6 other companies have achieved lower Leverage Ratio than Fedex in the II Quarter 2023. While Leverage Ratio total ranking has deteriorated compared to the first quarter 2023 from 1 to 781 .

Explain Leverage Ratio?
Who are FDX Customers?
What are FDX´s Total Liabilities?


FDX Leverage Ratio (Nov 30 2023)
II. Quarter
(Aug 31 2023)
I. Quarter
(May 31 2023)
IV. Quarter
(Feb 28 2023)
III. Quarter
(Nov 30 2022)
II. Quarter
Y / Y Equity Change 10.99 % 5.54 % 4.61 % 0.84 % -3.31 %
Y / Y Total Liabilities Change -2.45 % -39.07 % -4.46 % -37.09 % -35.54 %
Leverage Ratio MRQ 1.39 1.39 1.42 1.52 1.59
FDX's Total Ranking # 781 # 1 # 1939 # 3068 # 571
Seq. Equity Change 0.87 % 1.71 % 5.48 % 2.56 % -4.08 %
Seq. Total Liabilities Change 0.86 % -0.52 % -0.83 % -1.96 % -37 %



Leverage Ratio second quarter 2023 Company Ranking
Within: No.
Transport & Logistics Industry # 7
Transportation Sector # 12
Overall Market # 781


Leverage Ratio Statistics
High Average Low
3.02 1.42 0.7
(May 31 2020)   (Nov. 30. 2008)




Financial Statements
Fedex's Equity $ 26,766 Millions Visit FDX's Balance sheet
Fedex's Total Liabilities $ 37,295 Millions Visit FDX's Balance sheet
Source of FDX's Sales Visit FDX's Sales by Geography


Cumulative Fedex's Leverage Ratio

FDX's Leverage Ratio for the trailling 12 Months

FDX Leverage Ratio

(Nov 30 2023)
II. Quarter
(Aug 31 2023)
I. Quarter
(May 31 2023)
IV. Quarter
(Feb 28 2023)
III. Quarter
(Nov 30 2022)
II. Quarter
Y / Y Equity TTM Growth 10.99 % 5.54 % 4.61 % 0.84 % -3.31 %
Y / Y Total Liabilities TTM Growth -2.45 % -39.07 % -4.46 % -37.09 % -35.54 %
Leverage Ratio TTM 1.43 1.48 1.73 1.77 2
Total Ranking TTM # 1258 # 62 # 15 # 45 # 4
Seq. Equity TTM Growth 0.87 % 1.71 % 5.48 % 2.56 % -4.08 %
Seq. Total Liabilities TTM Growth 0.86 % -0.52 % -0.83 % -1.96 % -37 %


On the trailing twelve months basis Despite of the net new borrowings of 0.86% during the twelve months period ending in II Quarter 2023 Fedex has managed to decrease Leverage Ratio in the II Quarter 2023 to 1.43, below Fedex's average Leverage Ratio.
Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Transport & Logistics industry 8, during the past 12 months, other companies have achieved lower Leverage Ratio than Fedex. While Leverage Ratio total ranking has deteriorated during the twelve months ending in the II Quarter 2023, compared to the prior period, from 62 to 1258.

Explain Leverage Ratio?
Who are FDX Customers?
What are FDX´s Total Liabilities?

TTM Leverage Ratio Company Ranking
Within: No.
Within the Transport & Logistics Industry # 9
Transportation Sector # 26
Within the Market # 1258


trailing twelve months Leverage Ratio Statistics
High Average Low
2.9 1.49 0.73
(Feb 28 2021)   (Nov. 30. 2008)




Companies with similar Leverage Ratio in the quarter ending Nov 30 2023, within Transport & Logistics Industry Leverage RatioNov 30 2023 MRQ Total LiabilitiesNov 30 2023 MRQ Equity
United Parcel Service Inc   2.47 $ 42,759.000  Millions$ 17,314.000  Millions
Fedex Corporation  1.39 $ 37,295.000  Millions$ 26,766.000  Millions
Covenant Logistics Group Inc   1.37 $ 551.018  Millions$ 403.420  Millions
Pam Transportation Services Inc  1.09 $ 341.910  Millions$ 314.216  Millions
J b Hunt Transport Services Inc   1.08 $ 4,434.502  Millions$ 4,103.758  Millions
Werner Enterprises Inc   1.07 $ 1,629.597  Millions$ 1,528.339  Millions
Knight swift Transportation Holdings Inc   0.81 $ 5,783.375  Millions$ 7,104.081  Millions
Landstar System Inc   0.75 $ 734.146  Millions$ 983.923  Millions
Arcbest Corporation  0.71 $ 876.872  Millions$ 1,242.363  Millions
Schneider National Inc   0.54 $ 1,600.400  Millions$ 2,956.800  Millions
Heartland Express Inc   0.52 $ 447.082  Millions$ 865.260  Millions
Marten Transport Ltd  0.31 $ 232.953  Millions$ 757.386  Millions

Date modified: 2023-12-21T15:08:59+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com