FedEx Freight Holding Company, Inc.

Company facts

Industry

Air Courier Services

Headquarters

Memphis, Tennessee

Most recent report

10-Q, filed Oct 29, 2026

Incorporated

Delaware

Filings on record

74 filings

On EDGAR

CIK 2082247

Fiscal year ends

May

Filer status

Non-accelerated filer

What to read: Sep 2026 10-Q

SECSift found 2 of 10 sections worth reading, with 0 positive, 3 notable, and 1 negative flags.

• Financial Statements (Item 1)

  Spin-off from FedEx, new standalone company with $4.4B debt and negative equity.
  Notable

  • Total leverage ratio of 2.61:1.00 at Sept 30, 2026, below covenant max of 3.75:1.00.

• Management's Discussion (Item 2)

  Spin-off results, new debt, and falling operating income are all company-specific and material.
  Notable

  • The company expects $365M in capital expenditures for the seven months ending Dec 31, 2026, funded by cash and available liquidity.
  • The company incurred $4.3B in new debt ($3.7B notes + $0.6B term loan) to fund a $4.1B cash distribution to FedEx at spin-off.
  Negative

  • Operating income fell 13% to $253M in Q3 2026, despite 8% revenue growth, due to separation costs and higher expenses.