EXPD · Expeditors International of Washington Inc - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · EXPD

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$11.07B	$10.60B	$9.30B	$17.07B	$16.52B	$10.12B
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	-	-	-	-	-	-
Total Operating Expenses	$10.02B	$9.56B	$8.36B	$15.25B	$14.61B	$9.18B
D&A	$56.77M	$61.09M	$67.76M	$57.34M	$51.31M	$56.96M
Operating Income	$1.05B	$1.04B	$939.93M	$1.82B	$1.91B	$940.44M
Interest Expense	-	-	$4.80M	$219.0K	$411.0K◇	-
Income Tax	$282.01M	$283.17M	$263.25M	$475.29M	$505.77M	$258.35M
Net Income	$810.33M	$810.07M	$752.88M	$1.36B	$1.42B	$696.14M
EPS - Basic	$5.97	$5.75	$5.05	$8.33	$8.37	$4.14
EPS - Diluted	$5.95	$5.72	$5.01	$8.26	$8.27	$4.07

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$1.31B	$1.15B	$1.51B	$2.03B	$1.73B	$1.53B
Accounts Receivable	$2.02B	$2.00B	$1.53B	$2.11B	$3.81B	$2.00B
Inventory	-	-	-	-	-	-
Accounts Payable	$1.12B	$1.04B	$860.86M	$1.11B	$2.01B	$1.14B
Current Assets	$3.76B	$3.66B	$3.44B	$4.52B	$6.64B	$3.96B
Total Assets	$4.89B	$4.75B	$4.52B	$5.59B	$7.61B	$4.93B
Current Liabilities	$2.07B	$2.07B	$1.70B	$2.05B	$3.73B	$1.89B
Long-term Debt	-	-	-	-	-	-
Total Liabilities	-	-	-	-	-	-
Stockholders' Equity	$2.36B	$2.22B	$2.39B	$3.11B	$3.49B	$2.66B
Retained Earnings	$2.54B	$2.46B	$2.58B	$3.31B	$3.62B	$2.60B

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$1.01B	$723.36M	$1.05B	$2.13B	$868.49M	$655.01M
Investing Cash Flow	($44.70M)	($40.52M)	($39.43M)	($87.71M)	($36.65M)	($46.03M)
Financing Cash Flow	($802.48M)	($1.03B)	($1.54B)	($1.68B)	($613.55M)	($331.54M)
CapEx	$53.10M	$40.47M	$39.31M	$86.82M	$36.25M	$47.54M
Free Cash Flow	$953.40M	$682.89M	$1.01B	$2.04B	$832.25M	$607.47M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	9.5%	9.8%	10.1%	10.7%	11.6%	9.3%
EBITDA margin	10.0%	10.4%	10.8%	11.0%	11.9%	9.9%
Net margin	7.3%	7.6%	8.1%	8.0%	8.6%	6.9%
Free cash flow margin	8.6%	6.4%	10.9%	12.0%	5.0%	6.0%
FCF / Net income	1.18	0.84	1.35	1.50	0.59	0.87
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	-	-	-	-	-	-
Effective tax rate	25.8%	25.9%	25.9%	25.9%	26.3%	27.1%
Return on assets	16.6%	17.0%	16.6%	24.3%	18.6%	14.1%
Return on equity	34.4%	36.4%	31.5%	43.6%	40.5%	26.2%
Return on invested capital	-	-	-	-	-	-
Liquidity
Current ratio	1.81	1.77	2.02	2.20	1.78	2.09
Quick ratio	1.81	1.77	2.02	2.20	1.78	2.09
Cash ratio	0.63	0.56	0.89	0.99	0.46	0.81
Leverage
Debt / Equity	-	-	-	-	-	-
Debt / Assets	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	-	-	195.8x	8330.5x	4645.6x	-
Equity multiplier	2.08	2.14	1.89	1.80	2.18	1.85
Liabilities / Assets	-	-	-	-	-	-
Efficiency
Asset turnover	2.26	2.23	2.06	3.05	2.17	2.05
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	67d	69d	60d	45d	84d	72d
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	25.0x	19.4x	25.4x	12.6x	16.2x	23.4x
P / B	8.6x	7.1x	8.0x	5.5x	6.6x	6.1x
P / S	1.8x	1.5x	2.1x	1.0x	1.4x	1.6x
EV / EBITDA	17.1x	13.2x	17.5x	8.0x	10.8x	14.8x
Growth
Revenue growth (YoY)	4.4%	14.0%	-45.5%	3.3%	63.3%	23.7%
Revenue CAGR (3y)	-13.4%	-13.8%	-2.8%	27.8%	39.4%	13.5%
Revenue CAGR (5y)	1.8%	5.3%	8.8%	19.8%	22.1%	8.9%
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	1.1%	10.8%	-48.5%	-4.4%	103.0%	22.7%
Net income growth (YoY)	0.0%	7.6%	-44.5%	-4.1%	103.3%	17.9%
EPS growth (YoY)	4.0%	14.2%	-39.3%	-0.1%	103.2%	20.1%
EPS CAGR (3y)	-10.4%	-11.6%	7.2%	34.6%	33.4%	14.8%
EPS CAGR (5y)	7.9%	11.0%	7.6%	25.2%	28.5%	11.1%
FCF growth (YoY)	39.6%	-32.6%	-50.4%	145.5%	37.0%	-16.2%
FCF CAGR (5y)	9.4%	-1.2%	14.1%	39.0%	12.1%	3.1%
Book value growth (YoY)	6.0%	-7.0%	-23.1%	-11.0%	31.4%	21.2%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Product / service

$11.07B total

Customs Brokerage And Other Services$4.27B · 38.6%

Airfreight Services$3.98B · 36.0%

Ocean Freight And Ocean Services$2.81B · 25.4%

Geographic

$11.08B total

US$3.58B · 32.4%

North Asia Segment$2.74B · 24.7%

Europe$1.83B · 16.5%

South Asia Segment$1.56B · 14.0%

EMEA$638.77M · 5.8%

Other North America Segment$470.61M · 4.2%

Latin America$262.44M · 2.4%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

6/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
✓Current ratio improved
✓No share dilution
-Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Arrangement of Transportation of Freight & Cargo

Company	Revenue (last FY)	Net margin	ROE
BCO	$5.26B	3.8%	71.9%
CHRW	$16.23B	3.6%	31.8%
FWRD	$2.50B	-4.3%	-95.1%
HUBG	-	-	-
RLGT	$902.70M	1.9%	7.7%

Comparing EXPEDITORS INTERNATIONAL OF WASHINGTON INC against the 5 most active filers in the same SIC group.

Dividends

$1.58/share trailing 12 months · +5.3% YoY

Ex-date	Per share
Jun 1, 2026	$0.8100
Dec 1, 2025	$0.7700
Jun 2, 2025	$0.7700
Dec 2, 2024	$0.7300
Jun 3, 2024	$0.7300
Nov 30, 2023	$0.6900
May 31, 2023	$0.6900
Nov 30, 2022	$0.6700
May 31, 2022	$0.6700
Nov 30, 2021	$0.5800
May 28, 2021	$0.5800
Nov 30, 2020	$0.5200
May 29, 2020	$0.5200
Nov 29, 2019	$0.5000
May 31, 2019	$0.5000
Nov 30, 2018	$0.4500
May 31, 2018	$0.4500
Nov 30, 2017	$0.4200
May 30, 2017	$0.4200
Nov 29, 2016	$0.4000
May 27, 2016	$0.4000
Nov 27, 2015	$0.3600
May 28, 2015	$0.3600
Nov 26, 2014	$0.3200

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.