FEDEX FREIGHT HOLDING COMPANY, INC.
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 5/31/26
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 4,264 | 113.2 |
| Stockholders' equity | (497) | -13.2 |
| Total capitalization | 3,767 | 100.0 |
149,518,133 shares outstanding at 3 August 2026 (cover page of the 10-K filed 5 August 2026).
LONG-TERM DEBT 5/31/26
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 4,264 |
| Long-term debt, noncurrent | 4,484 |
| Current maturities | 43 |
CAPITAL STOCK 5/31/26
| Common shares authorized | 149,505,248 |
| Common shares issued | 149,505,248 |
| Par or stated value per share ($) | 0.1 |
| Outstanding at 8/3/26 | 149,518,133 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2026 | – | – |
| 2025 | – | – |
| 2024 | – | – |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware.
BUSINESS: Classified by the SEC under Standard Industrial Classification 4513, Air Courier Services. Non-accelerated filer. Principal executive office: 8525 Tournament Drive, Memphis, TN 38125. Fiscal year ends May 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 5/31/26 | 5/31/25 | 5/31/24 |
|---|---|---|---|
| Revenues | 8,795 | 8,892 | 9,424 |
| Depreciation and amortization | 512 | 471 | 455 |
| Operating income | 540 | 1,404 | 1,753 |
| Interest expense | 57 | 0 | 0 |
| Income before income taxes | 884 | 1,802 | 2,079 |
| Income taxes | 229 | 456 | 505 |
| Net income | 655 | 1,346 | 1,574 |
| Earned per share, diluted ($) | 4.38 | 9.00 | 10.53 |
| Dividends per share ($) | – | – | – |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 5/31/26 | 5/31/25 |
|---|---|---|
| Receivables, net | 1,154 | 132 |
| Total current assets | 1,506 | 284 |
| Property, plant and equipment, net | 2,923 | 2,780 |
| Goodwill | 602 | 602 |
| Total assets | 6,884 | 5,022 |
| Total current liabilities | 993 | 773 |
| Long-term debt | 4,484 | 66 |
| Stockholders' equity | (497) | 2,393 |
| Total liabilities and equity | 6,884 | 5,022 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5/31/26 | 8,795 | 540 | 655 | 7.4 | 4.38 | – | 167 | 379 | (212) | 6,884 | 7,381d | 4,264 | (497) | -131.8 | -8.58 |
| 5/31/25 | 8,892 | 1,404 | 1,346 | 15.1 | 9.00 | – | 1,531 | 437 | 1,094 | 5,022 | 2,629d | 73 | 2,393 | 56.2 | 0.03 |
| 5/31/24 | 9,424 | 1,753 | 1,574 | 16.7 | 10.53 | – | 1,541 | 461 | 1,080 | – | – | – | 2,124 | 74.1 | – |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
FedEx Freight Holding Company, Inc.
CIK 2082247 · EIN 39-3560171
PRINCIPAL OFFICE:
8525 Tournament Drive, Memphis, TN 38125
Tel.: 901-818-7167
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
4513 · Air Courier Services
FILER STATUS:
Non-accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 5/31/26, filed 5 August 2026
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2026 (filed 8/5/26). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.