Buyback yield (TTM)
0.98%
Shareholder yield (TTM)
2.66%
5Y share count change
-10.8%
Buyback spend (TTM)
$796.00M
Cumulative buybacks
$23.56B
Key takeaways
- FedEx (FDX) repurchased about $796.00M of stock over the trailing twelve months.
- Diluted share count is down 10.8% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 5.85× — repurchases more than cover SBC dilution.
- TTM repurchases used about 21% of free cash flow remaining after dividends.
Dividend & buyback yield over time for FedEx (FDX)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for FedEx (FDX)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for FedEx (FDX)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for FedEx (FDX)
Latest: $796.00M
Overview
As of the 2026 fiscal year, FedEx (FDX) reported buyback spend of $796.00M – plunged 73.6% year-over-year.
Looking at the 2016–2026 (10 years) stretch, FedEx buyback spend compounded at -11.6% per year, with a net decline across the window.
Between 2014 and 2026, FedEx buyback spend plunged 83.6%, falling from $4.86B to $796.00M.
2014 marks the peak buyback spend at $4.86B, with the historical low of $0.00 recorded in 1994.
FedEx Buyback Spend 2026: $796.00M
FedEx buyback spend in 2026 was $796.00M, plunged 73.6% below 2025.
FedEx Buyback Spend 2025: $3.02B
2025's buyback spend for FedEx came in at $3.02B, grew 20.7% from 2024.
FedEx Buyback Spend 2024: $2.50B
FedEx posted buyback spend of $2.50B in 2024, surged 66.7% from 2023.
FedEx Buyback Spend 2023: $1.50B
In 2023, FedEx reported buyback spend of $1.50B, plunged 33.3% below 2022.
FedEx Buyback Spend 2022: $2.25B
FedEx buyback spend in 2022 was $2.25B.
See more financial history for FedEx (FDX).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2026 | $796.00M | $0.00 | $796.00M | 0.98% | 0.24B | -1.6% | |
| 2025 | $3.02B | $154.00M | $2.86B | 7.22% | 0.24B | -3.2% | |
| 2024 | $2.50B | $163.00M | $2.34B | 4.97% | 0.25B | -2.0% | |
| 2023 | $1.50B | $182.00M | $1.32B | 3.40% | 0.26B | -3.8% | |
| 2022 | $2.25B | $190.00M | $2.06B | 4.76% | 0.27B | -0.7% | |
| 2021 | $0.00 | $200.00M | −$200.00M | — | 0.27B | +2.3% | |
| 2020 | $3.00M | $168.00M | −$165.00M | 0.01% | 0.26B | -1.1% | |
| 2019 | $1.48B | $174.00M | $1.31B | 4.58% | 0.27B | -2.6% | |
| 2018 | $1.02B | $167.00M | $850.00M | 1.91% | 0.27B | +0.7% | |
| 2017 | $509.00M | $154.00M | $355.00M | 1.22% | 0.27B | -3.2% | |
| 2016 | $2.72B | $144.00M | $2.58B | 7.72% | 0.28B | -2.8% | |
| 2015 | $1.25B | $133.00M | $1.12B | 3.14% | 0.29B | -7.4% | |
| 2014 | $4.86B | $117.00M | $4.74B | 14.66% | 0.31B | -2.2% | |
| 2013 | $246.00M | $109.00M | $137.00M | 1.00% | 0.32B | 0.0% | |
| 2012 | $197.00M | $105.00M | $92.00M | 0.87% | 0.32B | 0.0% | |
| 2011 | $0.00 | $98.00M | −$98.00M | — | 0.32B | +1.0% | |
| 2010 | $0.00 | $101.00M | −$101.00M | — | 0.31B | +0.6% | |
| 2009 | $0.00 | $99.00M | −$99.00M | — | 0.31B | 0.0% | |
| 2008 | $0.00 | $101.00M | −$101.00M | — | 0.31B | +0.3% | |
| 2007 | $0.00 | $103.00M | −$103.00M | — | 0.31B | +0.4% | |
| 2006 | $0.00 | $0.00 | $0.00 | — | 0.31B | +0.9% | |
| 2005 | $0.00 | $0.00 | $0.00 | — | 0.31B | +1.1% | |
| 2004 | $179.00M | $0.00 | $179.00M | 1.01% | 0.30B | +0.2% | |
| 2003 | $186.00M | $0.00 | $186.00M | 1.21% | 0.30B | -0.2% | |
| 2002 | $177.00M | $0.00 | $177.00M | 1.36% | 0.30B | +3.4% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 0.29B | -1.0% | |
| 2000 | $607.00M | $0.00 | $607.00M | — | 0.30B | -1.4% | |
| 1999 | $8.17M | $0.00 | $8.17M | — | 0.30B | +1.0% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 0.30B | +1.1% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.29B | — | |
| 1996 | $12.40M | $0.00 | $12.40M | — | — | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $500.00K | $0.00 | $500.00K | — | — | — | |
| 1992 | $3.10M | $0.00 | $3.10M | — | — | — | |
| 1991 | $23.60M | $0.00 | $23.60M | — | — | — | |
| 1990 | $17.70M | $0.00 | $17.70M | — | — | — |
- 2026$796.00M
- 2025$3.02B
- 2024$2.50B
- 2023$1.50B
- 2022$2.25B
- 2021$0.00
- 2020$3.00M
- 2019$1.48B
- 2018$1.02B
- 2017$509.00M
- 2016$2.72B
- 2015$1.25B
- 2014$4.86B
- 2013$246.00M
- 2012$197.00M
- 2011$0.00
- 2010$0.00
- 2009$0.00
- 2008$0.00
- 2007$0.00
- 2006$0.00
- 2005$0.00
- 2004$179.00M
- 2003$186.00M
- 2002$177.00M
- 2001$0.00
- 2000$607.00M
- 1999$8.17M
- 1998$0.00
- 1997$0.00
- 1996$12.40M
- 1995$0.00
- 1994$0.00
- 1993$500.00K
- 1992$3.10M
- 1991$23.60M
- 1990$17.70M
Buybacks vs stock-based compensation for FedEx (FDX)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 5.85×.
Buybacks vs dividends (share of cash returned) for FedEx (FDX)
How FedEx splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as FedEx, ranked by their latest buyback spend.
| $7.55B | |
| $5.19B | |
| $2.68B | |
| $1.86B | |
| $1.14B | |
| $1.13B | |
| $50.00M | |
| $0.00 |
- $7.55B
- $5.19B
- $2.68B
- $1.86B
- $1.14B
- $1.13B
- $50.00M
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $3.74B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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