FedEx Corp.
Cash Flow Statement
| Line Item | Feb 2026 | Nov 2025 | Aug 2025 | Feb 2025 | Nov 2024 | Aug 2024 | Feb 2024 | Nov 2023 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.06B | $956.0M | $824.0M | $909.0M | $741.0M | $794.0M | $879.0M | $900.0M |
| Depreciation & Amortization | $1.11B | $1.07B | $1.09B | $1.07B | $1.06B | $1.08B | $1.07B | $1.04B |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | $56.0M | — | — | $48.0M | — | — |
| Net Cash from Operating Activities | $1.99B | $1.95B | $1.72B | $2.01B | $1.32B | $1.19B | $1.61B | $1.77B |
| Investing Activities | ||||||||
| Capital Expenditures | $955.0M | $757.0M | $623.0M | $997.0M | $818.0M | $767.0M | $1.38B | $1.31B |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | — | $-619.0M | — | — | $-802.0M | — | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | $345.0M | — | — | $339.0M | — | — |
| Stock Repurchases | — | — | $500.0M | — | — | $1.00B | — | — |
| Net Cash from Financing Activities | — | — | $-460.0M | — | — | $-969.0M | — | — |
| Net Change in Cash | — | — | $664.0M | — | — | $-558.0M | — | — |
| Free Cash Flow | $1.04B | $1.19B | $1.09B | $1.02B | $500.0M | $420.0M | $231.0M | $469.0M |