Current Ratio
since 2005
Difficulty: Beginner
Calculation
FedEx Corp., current ratio, long-term trends, calculation
| Current Ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| May 31, 2005 | 1.11 | = | 5,269 | ÷ | 4,734 |
| May 31, 2006 | 1.18 | = | 6,464 | ÷ | 5,473 |
| May 31, 2007 | 1.22 | = | 6,629 | ÷ | 5,428 |
| May 31, 2008 | 1.35 | = | 7,244 | ÷ | 5,368 |
| May 31, 2009 | 1.57 | = | 7,116 | ÷ | 4,524 |
| May 31, 2010 | 1.57 | = | 7,284 | ÷ | 4,645 |
| May 31, 2011 | 1.70 | = | 8,285 | ÷ | 4,882 |
| May 31, 2012 | 1.69 | = | 9,056 | ÷ | 5,374 |
| May 31, 2013 | 1.96 | = | 11,274 | ÷ | 5,750 |
| May 31, 2014 | 1.82 | = | 9,683 | ÷ | 5,312 |
| May 31, 2015 | 1.84 | = | 10,941 | ÷ | 5,957 |
| May 31, 2016 | 1.50 | = | 11,989 | ÷ | 8,008 |
| May 31, 2017 | 1.59 | = | 12,628 | ÷ | 7,918 |
| May 31, 2018 | 1.39 | = | 13,341 | ÷ | 9,627 |
1 USD $ in millions
Source: Based on data from FedEx Corp. Annual Reports
Comparison to Competitors
FedEx Corp., current ratio, long-term trends, comparison to competitors
| FedEx Corp. | Union Pacific Corp. | United Parcel Service Inc. | |
|---|---|---|---|
| May 31, 2005 | 1.11 | 0.69 | 1.62 |
| May 31, 2006 | 1.18 | 0.68 | 1.40 |
| May 31, 2007 | 1.22 | 0.85 | 1.20 |
| May 31, 2008 | 1.35 | 0.98 | 1.13 |
| May 31, 2009 | 1.57 | 1.37 | 1.49 |
| May 31, 2010 | 1.57 | 1.16 | 1.96 |
| May 31, 2011 | 1.70 | 1.12 | 1.89 |
| May 31, 2012 | 1.69 | 1.16 | 1.86 |
| May 31, 2013 | 1.96 | 1.05 | 1.88 |
| May 31, 2014 | 1.82 | 1.24 | 1.37 |
| May 31, 2015 | 1.84 | 1.29 | 1.23 |
| May 31, 2016 | 1.50 | 0.99 | 1.18 |
| May 31, 2017 | 1.59 | 1.02 | 1.22 |
| May 31, 2018 | 1.39 | – | – |
Source: Based on data from FedEx Corp. Annual Reports
Comparison to Industrial Transportation Sector
FedEx Corp., current ratio, long-term trends, comparison to Industrial Transportation sector
| FedEx Corp. | Industrial Transportation | |
|---|---|---|
| May 31, 2005 | 1.11 | 1.25 |
| May 31, 2006 | 1.18 | 1.16 |
| May 31, 2007 | 1.22 | 1.15 |
| May 31, 2008 | 1.35 | 1.18 |
| May 31, 2009 | 1.57 | 1.49 |
| May 31, 2010 | 1.57 | 1.65 |
| May 31, 2011 | 1.70 | 1.65 |
| May 31, 2012 | 1.69 | 1.67 |
| May 31, 2013 | 1.96 | 1.72 |
| May 31, 2014 | 1.82 | 1.48 |
| May 31, 2015 | 1.84 | 1.42 |
| May 31, 2016 | 1.50 | 1.26 |
| May 31, 2017 | 1.59 | 1.31 |
| May 31, 2018 | 1.39 | – |
Source: Based on data from FedEx Corp. Annual Reports
Comparison to Industrials Industry
FedEx Corp., current ratio, long-term trends, comparison to Industrials industry
| FedEx Corp. | Industrials | |
|---|---|---|
| May 31, 2005 | 1.11 | 1.04 |
| May 31, 2006 | 1.18 | 1.05 |
| May 31, 2007 | 1.22 | 1.08 |
| May 31, 2008 | 1.35 | 1.08 |
| May 31, 2009 | 1.57 | 1.21 |
| May 31, 2010 | 1.57 | 1.30 |
| May 31, 2011 | 1.70 | 1.24 |
| May 31, 2012 | 1.69 | 1.29 |
| May 31, 2013 | 1.96 | 1.30 |
| May 31, 2014 | 1.82 | 1.27 |
| May 31, 2015 | 1.84 | 1.10 |
| May 31, 2016 | 1.50 | 1.10 |
| May 31, 2017 | 1.59 | 1.21 |
| May 31, 2018 | 1.39 | – |
Source: Based on data from FedEx Corp. Annual Reports