FedEx Freight Holding Company, Inc. (FDXF) Financial Statements
FedEx Freight Holding financial statements at a glance
FedEx Freight Holding reported revenue of $8.80 billion for fiscal year 2026 (ended May 31, 2026), down 1.1% from fiscal year 2025. Net income was $655.00 million, a net margin of 7.4%, and diluted earnings per share were $4.38.
At the end of fiscal year 2026 it had total assets of $6.88 billion, total liabilities of $7.38 billion and shareholders' equity of -$497.00 million, with cash and short-term investments of $251.00 million and total debt of $6.37 billion.
Its operations brought in $167.00 million of cash; capital spending was $379.00 million, leaving free cash flow of -$212.00 million.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 4 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended May 31, 2026.
FedEx Freight Holding Company, Inc.
Income Statement
Annual • USD
FedEx Freight Holding key figures by fiscal year
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | $8.8B | $8.9B | $9.4B | $10.1B |
| Gross profit | $2.5B | $2.8B | $3.3B | $3.6B |
| Operating income | $1.0B | $1.4B | $1.8B | $1.9B |
| Net income | $655.0M | $1.3B | $1.6B | $1.6B |
| Diluted EPS | $4.38 | $9.00 | $10.53 | $10.57 |
| Total assets | $6.9B | $5.0B | $5.0B | – |
| Total liabilities | $7.4B | $2.6B | $2.9B | – |
| Shareholders' equity | -$497.0M | $2.4B | $2.1B | – |
| Cash and short-term investments | $251.0M | $109.0M | $106.0M | – |
| Total debt | $6.4B | $1.4B | $1.5B | – |
| Operating cash flow | $167.0M | $1.5B | $1.5B | $1.8B |
| Capital spending | $379.0M | $437.0M | $461.0M | $558.0M |
| Free cash flow | -$212.0M | $1.1B | $1.1B | $1.2B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2023.
Questions and answers
What was FedEx Freight Holding's revenue in fiscal year 2026?
$8.80 billion, down 1.1% from $8.89 billion in fiscal year 2025.
How much profit does FedEx Freight Holding make?
FedEx Freight Holding reported net income of $655.00 million for fiscal year 2026 (7.4% of revenue); operating income was $1.03 billion.
How much cash and debt does FedEx Freight Holding have?
At the end of fiscal year 2026: cash and short-term investments of $251.00 million and total debt of $6.37 billion.
What is FedEx Freight Holding's free cash flow?
-$212.00 million in fiscal year 2026 (operating cash flow of $167.00 million minus capital spending of $379.00 million).
