Fedex (FDX) Exchange Rate Effect (2009 - 2026)
Fedex (FDX) recorded Exchange Rate Effect of -$39 million in fiscal Q4 2026 (quarter ended May 31, 2026), compared with $127 million a year earlier.
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Analysis
Fedex (FDX) Exchange Rate Effect (2009 - 2026) Analysis & Trends
For FY2026 (ended May 31, 2026), Fedex reported Exchange Rate Effect of $46 million, down 39.5% from FY2025.
- Annual Exchange Rate Effect has a five-year compound annual growth rate of -23.1% (FY2021 to FY2026).
- Across earlier fiscal years, Exchange Rate Effect came in at $76 million in FY2025, -$41 million in FY2024, -$118 million in FY2023 and -$187 million in FY2022.
- Quarterly Exchange Rate Effect has ranged from -$98 million in fiscal Q1 2023 to $127 million in fiscal Q4 2025 over the past five years.
- Per Business Quant, the preceding three fiscal quarters came in at $112 million (Q3 2026), -$54 million (Q2 2026) and $27 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | - |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | 17.35 Mn |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | -13.00 Mn |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | - |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | -39.00 Mn |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | - |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | -2.79 Mn |
| 10 | Copart | 25.14 Bn | 9.56 Bn | 645.66 Mn | -1.08 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 |
API Access
Fedex Exchange Rate Effect API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=exchange-rate-effect&ticker=FDX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "ticker": "FDX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=exchange-rate-effect&ticker=FDX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();