Fedex (FDX) Exchange Rate Effect (2009 - 2026)
Fedex (FDX) posted Exchange Rate Effect of -$39.0 million for Q2 2026, down 134.82% sequentially from $112.0 million in Q1 2026, and down 130.71% YoY from $127.0 million in Q2 2025.
Fedex (FDX) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Fedex has reported Exchange Rate Effect for 18 years, with the latest figure at -$39.0 million in Q2 2026.
- Quarterly Exchange Rate Effect fell 130.71% year-over-year to -$39.0 million in Q2 2026, while the trailing twelve-month figure through May 2026 was $46.0 million (down 39.47% YoY) and the FY2026 annual result came in at $46.0 million, down 39.47% from the prior year.
- Exchange Rate Effect declined to -$39.0 million in Q2 2026 per FDX's latest filing, from $112.0 million in the prior quarter.
- Over five years, Exchange Rate Effect peaked at $127.0 million in Q2 2025 and troughed at -$98.0 million in Q3 2022.
- A 5-year average of -$6.1 million and a median of -$17.0 million in 2023 frame the typical range for Exchange Rate Effect.
- The sharpest annual moves came in 2024 and 2025: Exchange Rate Effect plunged 563.16% in 2024, then soared 946.67% in 2025.
- Over 5 years, Exchange Rate Effect stood at -$38.0 million in 2022, then soared by 150.0% to $19.0 million in 2023, then slumped by 563.16% to -$88.0 million in 2024, then surged by 38.64% to -$54.0 million in 2025, then increased by 27.78% to -$39.0 million in 2026.
- According to Business Quant data, Exchange Rate Effect over the past three periods registered -$39.0 million, $112.0 million, and -$54.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 87.24 Bn | 82.59 Bn | 19.65 Bn | -13.00 Mn |
| 2 | Fedex | 77.35 Bn | 64.04 Bn | 18.84 Bn | -39.00 Mn |
| 3 | Hunt J B Transport Services | 25.86 Bn | 25.86 Bn | - | - |
| 4 | Expeditors International Of Washington | 24.43 Bn | 23.40 Bn | 1.09 Bn | 1.27 Mn |
| 5 | C. H. Robinson Worldwide | 17.04 Bn | 16.89 Bn | 1.11 Bn | 269,000.00 |
| 6 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn | -7.27 Mn |
| 7 | Landstar System | 6.19 Bn | 5.84 Bn | 308.86 Mn | -838,000.00 |
| 8 | GXO Logistics | 5.22 Bn | 4.45 Bn | 508.00 Mn | - |
| 9 | Pitney Bowes | 2.21 Bn | 1.93 Bn | 296.14 Mn | -441,000.00 |
| 10 | Cryoport | 842.14 Mn | 445.45 Mn | 22.82 Mn | 384,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -39.00 Mn |
| May 31, 2026 | -39.00 Mn |
| Feb 28, 2026 | 112.00 Mn |
| Feb 28, 2026 | 112.00 Mn |
| Nov 30, 2025 | -54.00 Mn |
| Nov 30, 2025 | -54.00 Mn |
| Aug 31, 2025 | 27.00 Mn |
| Aug 31, 2025 | 27.00 Mn |
| May 31, 2025 | 127.00 Mn |
| May 31, 2025 | 127.00 Mn |
| Feb 28, 2025 | 11.00 Mn |
| Feb 28, 2025 | 11.00 Mn |
| Nov 30, 2024 | -88.00 Mn |
| Nov 30, 2024 | -88.00 Mn |
| Aug 31, 2024 | 26.00 Mn |
| Aug 31, 2024 | 26.00 Mn |
| May 31, 2024 | -15.00 Mn |
| May 31, 2024 | -15.00 Mn |
| Feb 29, 2024 | -21.00 Mn |
| Feb 29, 2024 | -21.00 Mn |