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FedEx (LTS:0QZX) Effect of Exchange Rate Changes : $-45 Mil (TTM As of Feb. 2024)


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What is FedEx Effect of Exchange Rate Changes?

FedEx's Effect of Exchange Rate Changes for the three months ended in Feb. 2024 was $-21 Mil.

FedEx's Effect of Exchange Rate Changes for the trailing twelve months (TTM) ended in Feb. 2024 was $-45 Mil.


FedEx Effect of Exchange Rate Changes Historical Data

The historical data trend for FedEx's Effect of Exchange Rate Changes can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FedEx Effect of Exchange Rate Changes Chart

FedEx Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Effect of Exchange Rate Changes
Get a 7-Day Free Trial Premium Member Only Premium Member Only -47.00 -70.00 171.00 -187.00 -118.00

FedEx Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Effect of Exchange Rate Changes Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.00 -19.00 -24.00 19.00 -21.00

FedEx Effect of Exchange Rate Changes Calculation

Effect of Exchange Rate Changes represents the effect of exchange rate changes on cash balances held in foreign currencies.

Effect of Exchange Rate Changes for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-45 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FedEx Effect of Exchange Rate Changes Related Terms

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FedEx (LTS:0QZX) Business Description

Industry
Address
942 South Shady Grove Road, Memphis, TN, USA, 38120
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2023, which ended May 2023, FedEx derived 47% of revenue from its express division, 37% from ground, and 11% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.

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