Fedex (FDX) Exchange Rate Effect (2009 - 2026)
Fedex's (FDX) quarterly Exchange Rate Effect came in at -$39.0 million in Q2 2026, down 130.71% year-over-year from $127.0 million in Q2 2025, and down 134.82% quarter-over-quarter from $112.0 million in Q1 2026.
Analysis
Fedex (FDX) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Fedex has disclosed Exchange Rate Effect across 18 years of filings, most recently posting -$39.0 million for Q2 2026.
- In Q2 2026, Exchange Rate Effect fell 130.71% year-over-year to -$39.0 million; the TTM figure through May 2026 stood at $46.0 million (down 39.47% YoY), while the FY2026 annual figure was $46.0 million, down 39.47% from the prior year.
- Exchange Rate Effect came in at -$39.0 million for Q2 2026 at Fedex, down from $112.0 million in the prior quarter.
- In the past five years, Exchange Rate Effect ranged from a high of $127.0 million in Q2 2025 to a low of -$98.0 million in Q3 2022.
- Average Exchange Rate Effect over 5 years is -$6.1 million, with a median of -$17.0 million recorded in 2023.
- Year-over-year, Exchange Rate Effect tumbled 563.16% in 2024 and surged 946.67% in 2025.
- Over 5 years, Exchange Rate Effect stood at -$38.0 million in 2022, then jumped by 150.0% to $19.0 million in 2023, then plunged by 563.16% to -$88.0 million in 2024, then soared by 38.64% to -$54.0 million in 2025, then climbed by 27.78% to -$39.0 million in 2026.
- Per Business Quant data, the three most recent Exchange Rate Effect figures were -$39.0 million in Q2 2026, $112.0 million in Q1 2026, and -$54.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 84.98 Bn | 80.33 Bn | 19.65 Bn | -13.00 Mn |
| 2 | Fedex | 73.84 Bn | 60.53 Bn | 18.84 Bn | -39.00 Mn |
| 3 | ZTO Express (Cayman) | 16.63 Bn | 12.03 Bn | 550.21 Mn | -12.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -39.00 Mn |
| Feb 28, 2026 | 112.00 Mn |
| Nov 30, 2025 | -54.00 Mn |
| Aug 31, 2025 | 27.00 Mn |
| May 31, 2025 | 127.00 Mn |
| Feb 28, 2025 | 11.00 Mn |
| Nov 30, 2024 | -88.00 Mn |
| Aug 31, 2024 | 26.00 Mn |
| May 31, 2024 | -15.00 Mn |
| Feb 29, 2024 | -21.00 Mn |
| Nov 30, 2023 | 19.00 Mn |
| Aug 31, 2023 | -24.00 Mn |
| May 31, 2023 | -19.00 Mn |
| Feb 28, 2023 | 37.00 Mn |
| Nov 30, 2022 | -38.00 Mn |
| Aug 31, 2022 | -98.00 Mn |
| May 31, 2022 | -96.00 Mn |
| Feb 28, 2022 | 24.00 Mn |
| Nov 30, 2021 | -77.00 Mn |
| Aug 31, 2021 | -38.00 Mn |