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Fedex Corporation  (FDX)
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Fedex's Long Term Debt to Equity

FDX's quarterly Long Term Debt to Equity and Long Term Debt, Equity growth


Despite a net increase in long-term borrowings by 0.24%, Fedex managed to enhance Long Term Debt to Equity in the second quarter 2023 to 0.75, surpassing the average for Fedex's Long Term Debt to Equity.

Within Transport & Logistics industry Fedex Corporation achieved the lowest Long Term Debt to Equity in the second quarter 2023. While Long Term Debt to Equity total ranking has deteriorated compared to the first quarter 2023 from 37 to 42 .

Explain Long Term Debt to Equity Ratio?
How much Long Term Debt FDX´s has?
What is the structure of FDX´s Equity?


FDX Long Term Debt to Equity (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 Long Term Debt Change 0.58 % 1.14 % 1.34 % -1.33 % -1.52 %
Long Term Debt to Equity MRQ 0.75 0.76 0.78 0.81 0.83
FDX's Total Ranking # 42 # 37 # 37 # 2 # 8
Seq. Equity Change 0.87 % 1.71 % 5.48 % 2.56 % -4.08 %
Seq. Long Term Debt Change 0.24 % -1.51 % 1.64 % 0.23 % 0.79 %



Long Term Debt to Equity second quarter 2023 Company Ranking
Within: No.
Transport & Logistics Industry # 1
Transportation Sector # 2
Overall Market # 42


Long Term Debt to Equity Statistics
High Average Low
1.2 0.47 0.06
(May 31 2020)   (Nov. 30. 2008)




Financial Statements
Fedex's Equity $ 26,766 Millions Visit FDX's Balance sheet
Fedex's Long Term Debt $ 20,193 Millions Visit FDX's Balance sheet
Source of FDX's Sales Visit FDX's Sales by Geography


Cumulative Fedex's Long Term Debt to Equity

FDX's Long Term Debt to Equity for the trailling 12 Months

FDX Long Term Debt to Equity

(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 Long Term Debt TTM Growth 0.58 % 1.14 % 1.34 % -1.33 % -1.52 %
Long Term Debt to Equity TTM 0.78 0.8 0.81 0.81 0.82
Total Ranking TTM # 1 # 12 # 1 # 322 # 103
Seq. Equity TTM Growth 0.87 % 1.71 % 5.48 % 2.56 % -4.08 %
Seq. Long Term Debt TTM Growth 0.24 % -1.51 % 1.64 % 0.23 % 0.79 %


On the trailing twelve months basis Despite of the net new long-term borrowings of 0.24% during the twelve months period ending in II Quarter 2023 Fedex has managed to decrease Long Term Debt to Equity in the II Quarter 2023 to 0.78, above the FDX's average Long Term Debt to Equity.
Long Term Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Transport & Logistics industry FDX recorded the lowest Long Term Debt to Equity. While Long Term Debt to Equity total ranking has improved so far to 1, from total ranking in previous 12 month period at 12.

Explain Long Term Debt to Equity Ratio?
How much Long Term Debt FDX´s has?
What is the structure of FDX´s Equity?

TTM Long Term Debt to Equity Company Ranking
Within: No.
Within the Transport & Logistics Industry # 0
Transportation Sector # 0
Within the Market # 1


trailing twelve months Long Term Debt to Equity Statistics
High Average Low
1.13 0.45 0.08
(Feb 28 2021)   (Aug. 31, 2012)




Companies with similar Long Term Debt to Equity in the quarter ending Nov 30 2023, within Transport & Logistics Industry Long Term Debt to EquityNov 30 2023 MRQ Long Term DebtNov 30 2023 MRQ Equity
United Parcel Service Inc   1.09 $ 18,916.000  Millions$ 17,314.000  Millions
Fedex Corporation  0.75 $ 20,193.000  Millions$ 26,766.000  Millions
Pam Transportation Services Inc  0.65 $ 204.064  Millions$ 314.216  Millions
Covenant Logistics Group Inc   0.49 $ 196.894  Millions$ 403.420  Millions
Werner Enterprises Inc   0.42 $ 646.250  Millions$ 1,528.339  Millions
Heartland Express Inc   0.34 $ 290.696  Millions$ 865.260  Millions
J b Hunt Transport Services Inc   0.32 $ 1,326.107  Millions$ 4,103.758  Millions

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



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