Services
Net Lease DispositionsAcquisitions & 1031 ExchangesLease RestructuringDiscount & Auto RetailShopping CentersQSR & Drive-ThruSale-LeasebacksBusiness Sales
Active ListingsTrack RecordTenant InsightsInsights
Net Lease News
AboutContactRequest a Valuation
Fitness & Services

FedEx Office

Parent: FedEx Corporation · Subsidiary of public company

NYSE: FDX$318.84+3.5%close Nov. 9, 2026
Credit rating · FedEx CorporationBBB Investment grade
S&P BBBMoody’s Baa2
AAAAAABBBBBBCCCD
Investment gradeHigh yield

S&P Global, as of Oct. 28, 2026 (FedEx Corporation) · Outlook stable. Source: FedEx Form 10-Q, filed Oct. 28, 2026

Rating shown is for parent FedEx Corporation, not for FedEx Office on its own.

Founded1970Source: Wikidata
EmployeesNot verifiedNo verified source
Locations2,000May 2026; source: FDX Form 10-K, fiscal year ended 2026-05-31
HeadquartersPlano, TexasFitness & Services

New Initiatives

How the real estate strategy is changing: openings, closures, formats, remodels, relocations and refranchising.

  • FedEx Office footprint changes sit inside FedEx Corporation reporting and are not broken out as a separate brand store-opening program in 10-K unit tables.

    Source: FedEx

FedEx Office operates print and shipping centers. Ratings shown are for FedEx Corporation.

Store count

2,000 as of May 31, 2026
0.0% 1-year change vs. prior fiscal year
  1. 1,9002018
  2. 2,1002019
  3. 2,2002020
  4. 2,2002021
  5. 2,2002022
  6. 2,0002023
  7. 2,0002024
  8. 2,0002025
  9. 2,0002026

Customer-facing FedEx Office locations, approximate as stated. Counts as reported at each period end; some figures are approximate as stated by the source. Sources: FDX Form 10-K, fiscal year ended 2023-05-31; FDX Form 10-K, fiscal year ended 2024-05-31; FDX Form 10-K, fiscal year ended 2025-05-31; FDX Form 10-K, fiscal year ended 2026-05-31 and 5 earlier sources.

SEC Filings

Filings by parent FedEx Corporation. FedEx Office does not file on its own. All filings on EDGAR

PeriodFormFiledDocument
Fiscal year ended May 31, 202610-KJuly 20, 2026View on sec.gov
Fiscal year ended May 31, 202510-KJuly 21, 2025View on sec.gov
Fiscal year ended May 31, 202410-KJuly 15, 2024View on sec.gov
Fiscal year ended May 31, 202310-KJuly 17, 2023View on sec.gov
Latest quarter, period ended Sept. 30, 202610-QOct. 28, 2026View on sec.gov

Credit ratings

AgencyRatingOutlookAs ofSource
S&P GlobalBBBStableOct. 28, 2026 (FedEx Corporation)FedEx Form 10-Q, filed Oct. 28, 2026
Moody’sBaa2StableOct. 28, 2026 (FedEx Corporation)FedEx Form 10-Q, filed Oct. 28, 2026

Bond market context

Issuer bond yieldUnavailable. No free, licensed source for individual bond yields.
BBB index effective yield5.95% (Nov. 6, 2026; ICE BofA BBB US Corporate Index)
BBB index spread (OAS)116 bps over Treasuries; 104 bps a year earlier (FRED)
10-year Treasury4.88% (Nov. 9, 2026)

The index row shows the yield on BBB-rated U.S. corporate bonds as a group, the closest free benchmark for this rating category. It is not the yield on this company’s own bonds.

Share prices, Yahoo Finance, as of Nov. 9, 2026. Bond index yields and spreads, ICE BofA US corporate and high yield indices, ICE Data Indices, LLC, via FRED, Federal Reserve Bank of St. Louis. 10-year yield, U.S. Department of the Treasury.

Fitness & Services

Related tenants.

All tenant profiles · Store Count Tracker · Net Lease News

AMC Theatres

Fitness & Services
AMC$3.40+8.3%
High yield · Moody’s B3
850 locations · Founded 1920

LA Fitness

Fitness & Services
Parent: Fitness International, LLC
Not rated
700 locations · Founded 1984

Planet Fitness

Fitness & Services
PLNT$61.11+1.3%
Not rated
2,930 locations · Founded 1992