Capital Expenditures for FedEx (FDX)
According to FedEx's latest reported financial statements, the company's current capital expenditures (TTM) is $3.81B USD. 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 .
FDX
Currently viewingCapital ExpendituresSwitch metric
Latest period
$3.81B
YoY change
-21.7%
5Y CAGR
-7.1%
Peak year (2022)
$6.76B
Cumulative capital expenditures
$110.29B
CapEx history chart for FedEx (FDX) from 1990 to 2025
CapEx history table for FedEx (FDX) from 1990 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 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 (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
FedEx (FDX) most recent annual capital expenditures stands at $4.05B (2025) – declined 21.7% year-over-year.
FedEx capital expenditures compound annual growth for the 2020–2025 (5 years) window is -7.1%, with a net decline across the window.
FedEx capital expenditures plunged from $6.76B in 2022 to $4.05B in 2025, a 40.0% drawdown.
The highest annual capital expenditures of $6.76B was reported in 2022. The lowest in the available history was $915.90M in 1992.
Among 8 Industrials peers, FedEx (FDX) ranks 2nd; the peer median for capital expenditures is $2.05B.
FedEx Capital Expenditures by Year
FedEx Capital Expenditures 2025: $4.05B
FedEx capital expenditures in 2025 was $4.05B, declined 21.7% below 2024.
FedEx Capital Expenditures 2024: $5.18B
FedEx capital expenditures in 2024 was $5.18B, declined 16.2% below 2023.
FedEx Capital Expenditures 2023: $6.17B
FedEx capital expenditures in 2023 was $6.17B, declined 8.7% below 2022.
FedEx Capital Expenditures 2022: $6.76B
FedEx capital expenditures in 2022 was $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 capital expenditures in 2021 was $5.88B.
See more financial history for FedEx (FDX).
Sector peers — CapEx
Companies in the same sector as FedEx, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Deere & Company (DE) | $4.23B | Industrials |
| Union Pacific Corporation (UNP) | $3.79B | Industrials |
| The Boeing Company (BA) | $2.94B | Industrials |
| RTX Corporation (RTX) | $2.63B | Industrials |
| Caterpillar Inc. (CAT) | $1.47B | Industrials |
| GE Aerospace (GE) | $1.27B | Industrials |
| Honeywell International Inc. (HON) | $986.00M | Industrials |
| Eaton Corporation plc (ETN) | $0 | Industrials |
Frequently asked questions
What is FedEx's capital expenditures?
- Latest reported capital expenditures for FedEx (FDX) is $3.81B (period ending February 28, 2026).
How has FedEx capital expenditures changed year-over-year?
- FedEx (FDX) capital expenditures changed -21.7% year-over-year on the latest annual filing.
What is the long-term growth rate of FedEx capital expenditures?
- FedEx (FDX) capital expenditures compound annual growth rate is -7.1% over the most recent 5 years available.
When did FedEx capital expenditures hit its highest annual value?
- FedEx capital expenditures reached its highest annual value of $6.76B in 2022.
What was FedEx capital expenditures in 2024?
- FedEx (FDX) capital expenditures in 2024 was $5.18B.
What was FedEx capital expenditures in 2025?
- FedEx (FDX) capital expenditures in 2025 was $4.05B.
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