Operating CF
$8.18B
Capex
−$3.81B
Free Cash Flow
$4.37B
FCF Margin
+53.4%
Cash flow waterfall for FedEx (FDX) — TTM through Q1 2026
Free cash flow: $4.37B
Cash flow breakdown for FedEx (FDX) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $8.18B | $8.18B |
| Capital Expenditure | −$3.81B | $4.37B |
| Free Cash Flow | $4.37B | $4.37B |
| Other Investing | −$59.00M | $4.31B |
| Share Buybacks | −$1.30B | $3.02B |
| Dividends Paid | −$1.36B | $1.66B |
| Net Debt Change | $3.91B | $5.56B |
| Other Financing | $777.00M | $6.34B |
| Forex Effect | $212.00M | $6.55B |
| Net Cash Increase | $6.55B | $6.55B |
- Operating Cash Flow$8.18B
- Capital Expenditure−$3.81B
- Free Cash Flow$4.37B
- Other Investing−$59.00M
- Share Buybacks−$1.30B
- Dividends Paid−$1.36B
- Net Debt Change$3.91B
- Other Financing$777.00M
- Forex Effect$212.00M
- Net Cash Increase$6.55B
Want to see what drove the FCF change?Free Cash Flow Bridge
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