Stock Analysis on Net
Stock Analysis on Net

FedEx Corp. (NYSE:FDX)

Common-Size Balance Sheet: Assets
Quarterly Data

FedEx Corp., common-size consolidated balance sheet: assets (quarterly data)

Microsoft Excel
Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020 Aug 31, 2020 May 31, 2020 Feb 29, 2020 Nov 30, 2019 Aug 31, 2019 May 31, 2019 Feb 28, 2019 Nov 30, 2018 Aug 31, 2018 May 31, 2018 Feb 28, 2018 Nov 30, 2017 Aug 31, 2017
Cash and cash equivalents 6.55 7.64 8.06 7.87 6.26 5.43 7.98 8.02 7.21 8.11 8.35 8.56 10.70 10.28 8.96 6.64 2.52 2.90 3.49 4.26 5.27 3.98 4.56 6.24 5.38 5.51 7.10
Receivables, less allowances 11.50 12.11 11.66 11.69 12.50 13.60 12.88 13.80 13.87 14.48 13.56 14.58 13.87 14.07 13.53 13.74 13.32 13.88 13.60 16.76 16.59 17.96 16.79 16.21 16.72 17.21 16.22
Spare parts, supplies, and fuel, less allowances 0.74 0.72 0.72 0.69 0.74 0.77 0.75 0.74 0.73 0.71 0.70 0.71 0.70 0.72 0.76 0.78 0.81 0.82 0.84 1.02 1.00 0.98 1.01 1.00 1.01 1.06 1.05
Prepaid expenses and other 1.44 1.24 1.14 1.10 1.42 1.49 1.23 1.13 1.33 1.33 1.21 1.01 0.95 1.14 1.09 1.13 1.26 1.26 1.08 2.02 1.92 2.29 1.99 2.04 3.07 1.84 1.41
Current assets 20.23% 21.71% 21.57% 21.36% 20.92% 21.28% 22.84% 23.68% 23.14% 24.63% 23.82% 24.86% 26.22% 26.20% 24.34% 22.28% 17.91% 18.87% 19.02% 24.05% 24.79% 25.22% 24.36% 25.49% 26.18% 25.62% 25.78%
Property and equipment, at cost 97.71 94.58 93.62 92.52 92.49 91.75 89.38 87.54 88.16 86.62 87.20 84.66 82.98 83.19 85.57 88.42 91.85 89.65 89.75 109.39 106.79 107.90 108.53 105.33 104.87 105.88 104.44
Accumulated depreciation and amortization -49.49 -47.41 -46.61 -45.82 -46.03 -45.34 -44.17 -43.24 -43.72 -42.52 -42.73 -41.47 -40.72 -40.54 -41.45 -42.72 -44.28 -43.32 -43.57 -53.46 -52.14 -52.76 -53.08 -51.53 -51.46 -51.61 -51.28
Net property and equipment 48.23% 47.17% 47.02% 46.70% 46.46% 46.41% 45.21% 44.29% 44.44% 44.10% 44.46% 43.19% 42.26% 42.65% 44.12% 45.70% 47.57% 46.33% 46.18% 55.93% 54.66% 55.15% 55.45% 53.80% 53.42% 54.27% 53.16%
Operating lease right-of-use assets, net 19.67 19.58 19.79 19.91 20.30 20.30 20.06 19.32 19.74 19.01 18.79 18.58 18.07 18.29 18.67 18.93 19.97 20.15 20.19 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Goodwill 7.46 7.35 7.33 7.38 7.53 7.45 7.36 7.61 8.03 7.96 8.34 8.45 8.43 8.26 8.54 8.67 9.73 9.81 9.96 12.65 12.70 12.96 13.23 13.33 14.40 14.57 14.96
Other assets 4.41 4.19 4.30 4.65 4.80 4.56 4.52 5.09 4.64 4.31 4.59 4.92 5.01 4.60 4.32 4.43 4.82 4.85 4.65 7.36 7.86 6.67 6.96 7.38 6.01 5.54 6.10
Other long-term assets 31.54% 31.12% 31.42% 31.94% 32.62% 32.31% 31.94% 32.02% 32.42% 31.27% 31.71% 31.95% 31.52% 31.15% 31.53% 32.02% 34.52% 34.81% 34.81% 20.01% 20.56% 19.64% 20.19% 20.71% 20.40% 20.11% 21.06%
Long-term assets 79.77% 78.29% 78.43% 78.64% 79.08% 78.72% 77.16% 76.32% 76.86% 75.37% 76.18% 75.14% 73.78% 73.80% 75.66% 77.72% 82.09% 81.13% 80.98% 75.95% 75.21% 74.78% 75.64% 74.51% 73.82% 74.38% 74.22%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2024-02-29), 10-Q (reporting date: 2023-11-30), 10-Q (reporting date: 2023-08-31), 10-K (reporting date: 2023-05-31), 10-Q (reporting date: 2023-02-28), 10-Q (reporting date: 2022-11-30), 10-Q (reporting date: 2022-08-31), 10-K (reporting date: 2022-05-31), 10-Q (reporting date: 2022-02-28), 10-Q (reporting date: 2021-11-30), 10-Q (reporting date: 2021-08-31), 10-K (reporting date: 2021-05-31), 10-Q (reporting date: 2021-02-28), 10-Q (reporting date: 2020-11-30), 10-Q (reporting date: 2020-08-31), 10-K (reporting date: 2020-05-31), 10-Q (reporting date: 2020-02-29), 10-Q (reporting date: 2019-11-30), 10-Q (reporting date: 2019-08-31), 10-K (reporting date: 2019-05-31), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-30), 10-Q (reporting date: 2018-08-31), 10-K (reporting date: 2018-05-31), 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-Q (reporting date: 2017-08-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. FedEx Corp. current assets as a percentage of total assets increased from Q1 2024 to Q2 2024 but then decreased significantly from Q2 2024 to Q3 2024.
Net property and equipment Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. FedEx Corp. net property and equipment as a percentage of total assets increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Long-term assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. FedEx Corp. long-term assets as a percentage of total assets decreased from Q1 2024 to Q2 2024 but then increased from Q2 2024 to Q3 2024 exceeding Q1 2024 level.