Latest period
$3.81B
YoY change
-21.7%
5Y CAGR
-7.1%
Peak year (2022)
$6.76B
Cumulative CapEx
$112.63B
CapEx history chart for FedEx (FDX) from 1990 to 2025
Latest: $4.05B
CapEx growth chart for FedEx (FDX) from 1990 to 2025
Latest: -21.7%
CapEx history table for FedEx (FDX) from 1990 to 2025
| 2025 | $4.05B | -21.7% | −$1.12B | ||
| 2024 | $5.18B | -16.2% | −$998.00M | ||
| 2023 | $6.17B | -8.7% | −$589.00M | ||
| 2022 | $6.76B | +14.9% | +$879.00M | ||
| 2021 | $5.88B | +0.3% | +$16.00M | ||
| 2020 | $5.87B | +6.9% | +$378.00M | ||
| 2019 | $5.49B | -3.1% | −$173.00M | ||
| 2018 | $5.66B | +10.7% | +$547.00M | ||
| 2017 | $5.12B | +6.2% | +$298.00M | ||
| 2016 | $4.82B | +10.8% | +$471.00M | ||
| 2015 | $4.35B | +23.0% | +$814.00M | ||
| 2014 | $3.53B | +4.7% | +$158.00M | ||
| 2013 | $3.38B | -15.8% | −$632.00M | ||
| 2012 | $4.01B | +16.7% | +$573.00M | ||
| 2011 | $3.43B | +21.9% | +$618.00M | ||
| 2010 | $2.82B | +14.5% | +$357.00M | ||
| 2009 | $2.46B | -16.6% | −$488.00M | ||
| 2008 | $2.95B | +2.3% | +$65.00M | ||
| 2007 | $2.88B | +14.5% | +$364.00M | ||
| 2006 | $2.52B | +12.6% | +$282.00M | ||
| 2005 | $2.24B | +75.9% | +$965.00M | ||
| 2004 | $1.27B | -15.9% | −$240.00M | ||
| 2003 | $1.51B | -6.4% | −$104.00M | ||
| 2002 | $1.61B | -14.7% | −$278.38M | ||
| 2001 | $1.89B | +16.3% | +$265.97M | ||
| 2000 | $1.63B | -8.1% | −$142.53M | ||
| 1999 | $1.77B | -5.9% | −$110.23M | ||
| 1998 | $1.88B | +27.9% | +$409.57M | ||
| 1997 | $1.47B | +4.1% | +$58.40M | ||
| 1996 | $1.41B | +33.1% | +$351.40M | ||
| 1995 | $1.06B | -2.5% | −$26.90M | ||
| 1994 | $1.09B | +6.3% | +$64.00M | ||
| 1993 | $1.02B | +11.8% | +$107.80M | ||
| 1992 | $915.90M | -10.9% | −$111.80M | ||
| 1991 | $1.03B | -11.7% | −$136.40M | ||
| 1990 | $1.16B | — | — |
- 2025$4.05B-21.7%
- 2024$5.18B-16.2%
- 2023$6.17B-8.7%
- 2022$6.76B+14.9%
- 2021$5.88B+0.3%
- 2020$5.87B+6.9%
- 2019$5.49B-3.1%
- 2018$5.66B+10.7%
- 2017$5.12B+6.2%
- 2016$4.82B+10.8%
- 2015$4.35B+23.0%
- 2014$3.53B+4.7%
- 2013$3.38B-15.8%
- 2012$4.01B+16.7%
- 2011$3.43B+21.9%
- 2010$2.82B+14.5%
- 2009$2.46B-16.6%
- 2008$2.95B+2.3%
- 2007$2.88B+14.5%
- 2006$2.52B+12.6%
- 2005$2.24B+75.9%
- 2004$1.27B-15.9%
- 2003$1.51B-6.4%
- 2002$1.61B-14.7%
- 2001$1.89B+16.3%
- 2000$1.63B-8.1%
- 1999$1.77B-5.9%
- 1998$1.88B+27.9%
- 1997$1.47B+4.1%
- 1996$1.41B+33.1%
- 1995$1.06B-2.5%
- 1994$1.09B+6.3%
- 1993$1.02B+11.8%
- 1992$915.90M-10.9%
- 1991$1.03B-11.7%
- 1990$1.16B—
CapEx values are taken from FedEx's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at FedEx (FDX)
According to FedEx's latest reported financial statements, the company's current CapEx (TTM) is $3.81B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
FedEx (FDX) most recent annual CapEx stands at $4.05B (2025) – declined 21.7% year-over-year.
FedEx CapEx compound annual growth for the 2020–2025 (5 years) window is -7.1%, with a net decline across the window.
FedEx CapEx plunged from $6.76B in 2022 to $4.05B in 2025, a 40.0% drawdown.
The highest annual CapEx of $6.76B was reported in 2022. The lowest in the available history was $915.90M in 1992.
FedEx Capital Expenditures by Year
FedEx Capital Expenditures 2025: $4.05B
FedEx posted CapEx of $4.05B in 2025, declined 21.7% below 2024.
FedEx Capital Expenditures 2024: $5.18B
In 2024, FedEx reported CapEx of $5.18B, declined 16.2% below 2023.
FedEx Capital Expenditures 2023: $6.17B
FedEx CapEx in 2023 was $6.17B, declined 8.7% below 2022.
FedEx Capital Expenditures 2022: $6.76B
2022's CapEx for FedEx came in at $6.76B, grew 14.9% from 2021. This figure represents the highest annual value in the available history.
FedEx Capital Expenditures 2021: $5.88B
FedEx CapEx in 2021 was $5.88B.
See more financial history for FedEx (FDX).
Sector peers by CapEx
Industrials peers of FedEx (FDX), ranked by their latest CapEx
| $20.74B | |
| $4.23B | |
| $3.79B | |
| $2.94B | |
| $2.63B | |
| $1.47B | |
| $1.27B | |
| $0.00 |
- $20.74B
- $4.23B
- $3.79B
- $2.94B
- $2.63B
- $1.47B
- $1.27B
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