# FedEx Freight Holding Company, Inc. (FDXF) · Edgar & Edgarette company card

> FedEx Freight Holding Company (FDXF) saw revenue fall 1.1% in FY2026 to $8.8 billion, operating margin 6.1% against a 2.4% median for air courier services, equity -7.2% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 2082247 · fiscal year ended 2026-05-31 · 3 audited years read · [page](https://www.pops4.com/boards/company/FDXF) · [JSON](https://www.pops4.com/boards/company/FDXF.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $8.8B |
| Revenue growth, 1 year | -1.1% |
| Revenue growth per year | -3.4% |
| Operating margin | 6.1% (prior year 15.8%) |
| Net margin | 7.4% |
| Operating cash flow | $167M |
| Capital spending | $379M |
| Free cash flow | −$212M |
| Cash | — |
| Long-term debt | $4.5B |
| Total assets | $6.9B |
| Total equity | −$497M |
| Equity ÷ assets | -7.2% |
| Return on equity | — |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 0.7 (distress zone)
- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: Weathered boat · two warning signs · liabilities exceed assets (often from years of share buybacks, not always distress); free cash flow was negative: capital spending outran operating cash (-$212.0M in FY2026)
- Cash Compass: Steady earner · steady and paying a dividend, with average cash

## Edgarette's reading

Exposure: revenue $8.8B (FY2026), total debt $4.5B. Experience: revenue down 1.1% on the year, down 3.4% a year over 2 years; operating margin 6.1%, down from 15.8%. Soundness: equity -7.2% of assets (liabilities exceed assets), payout 7.3% of profit. Credibility: 3 audited years, moderate weight. Range: 80% of past cases like this landed between $6.8B and $10.1B next year (method v3, set from 4,599 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (12 filers, $50M+ revenue, its industry group): operating margin 6.1% against a 2.4% median; growth -1.1% against 3.6%.

Range logged 2026-09-20, receipt 9a82d30dabe47c3c, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-06-26 ([filing](https://www.sec.gov/Archives/edgar/data/2082247/000110465926078270/0001104659-26-078270-index.htm))

## Recent filings

- 10-Q · filed 2026-10-29 · [filing](https://www.sec.gov/Archives/edgar/data/2082247/000162828026068246/0001628280-26-068246-index.htm)
- 8-K · filed 2026-10-29 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2082247/000162828026068228/0001628280-26-068228-index.htm)
- 8-K · filed 2026-10-02 · 5.08 Shareholder Nominations Pursuant to Rule 14a-11; 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/2082247/000110465926113295/0001104659-26-113295-index.htm)
- 8-K · filed 2026-09-02 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/2082247/000110465926104793/0001104659-26-104793-index.htm)
- 8-K · filed 2026-08-06 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/2082247/000162828026054314/0001628280-26-054314-index.htm)
- 10-K · filed 2026-08-05 · [filing](https://www.sec.gov/Archives/edgar/data/2082247/000162828026053359/0001628280-26-053359-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0002082247.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2082247

## Cite

POPS4, Edgar & Edgarette: FedEx Freight Holding Company, Inc. (FDXF) company card, from the company's own SEC filings, accessed 2026-11-05, https://www.pops4.com/boards/company/FDXF. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.