FedEx Freight balance sheet

At the end of fiscal 2026, FedEx Freight had total assets of $6.88bn and shareholders' equity of −$497m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

FedEx Freight: balance sheet, annual
Fiscal year	2024May 2024	2025May 2025	2026May 2026
Receivables	—	132	1,154
Total current assets	—	284	1,506
Goodwill	602	602	602
Total assets	—	5,022	6,884
Accounts payable	—	150	106
Total current liabilities	—	773	993
Long-term debt	—	66	4,300
Total debt	—	73	4,527
Shareholders' equity	2,124	2,393	−497
Shares outstanding	—	—	150m

US$ millions unless shown otherwise. Fiscal quarters.

FedEx Freight: balance sheet, quarterly
Quarter	2026 Q1Sept 2025	2027 Q1Sept 2026
Receivables	—	1,262
Total current assets	—	1,846
Goodwill	—	602
Total assets	—	7,216
Accounts payable	—	210
Total current liabilities	—	1,136
Long-term debt	—	4,200
Total debt	—	4,200
Shareholders' equity	1,741	−252
Shares outstanding	—	150m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from FedEx Freight's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to FedEx Freight.