EXPEDITORS INTERNATIONAL OF WASHINGTON INC EXPD

Industrials SIC 4731 - Arrangement of Transportation of Freight & Cargo NAICS Transportation and Warehousing › Support Activities for Transportation › Freight Transportation Arrangement derived NYSE

Expeditors International of Washington, Inc. (herein referred to as "Expeditors," the "Company," "we," "us," "our") provides a full suite of global logistics services, offering customers access to an international network of people and integrated information systems to support the movement and strategic positioning of goods. As a third-party logistics provider, we purchase cargo space from carriers (such as airlines, ocean shipping lines, and trucking lines) on a volume basis and resell that space to our customers. We do not compete for overnight courier or small parcel business and do not own aircraft or ships.

We provide a broad range of transportation services and customer solutions, such as customs brokerage, order management, time-definite transportation, warehousing and distribution, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other customized logistics and consulting solutions. In addition, our Project Cargo unit handles special project shipments that move via a single method or combination of air, ocean, and/or ground transportation and generally require a high level of specialized attention because of the unusual size or nature of what is being shipped.

Last close 196.21 2026-10-23
Market cap $25.51B 2026-06-30 share count
52-week range 117.45 - 200.66

Valuation FY2025 figures against the last close

P/S2.3x
P/E33.0x
P/FCF26.8x
EV/EBITDA23.0x
Dividend yield0.8%
Diluted EPS5.95

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $11.07B$10.60B$9.30B$17.07B$16.52B$9.58B$7.94B$8.14B$6.92B$6.10B
Total operating expenses $10.02B$9.56B$8.36B$15.25B$14.61B$8.64B$7.18B$7.34B$6.22B$5.43B
Operating income $1.05B$1.04B$939.9M$1.82B$1.91B$940.4M$766.7M$796.6M$700.3M$670.2M
Interest expense ——$4.8M$23.3M$411.0K$219.0K————
Pre-tax income $1.09B$1.09B$1.02B$1.84B$1.92B$956.6M$795.8M$818.3M$718.6M$686.9M
Income tax $282.0M$283.2M$263.2M$475.3M$505.8M$258.4M$203.8M$198.5M$228.2M$254.3M
Net income $810.3M$810.1M$752.9M$1.36B$1.42B$696.1M$590.4M$618.2M$489.3M$430.8M
EPS, basic 5.975.755.058.338.374.143.453.552.732.38
EPS, diluted 5.955.725.018.268.274.073.393.482.692.36
Shares, diluted (wtd. avg.) 136.2M141.7M150.2M164.4M171.2M170.9M174.2M177.8M181.7M182.7M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $1.31B$1.15B$1.51B$2.03B$1.73B$1.53B$1.23B$923.7M$1.05B$974.4M
Receivables $2.02B$2.00B$1.53B$2.11B$3.81B$2.00B$1.32B$1.58B$1.41B$1.19B
Total current assets $3.76B$3.66B$3.44B$4.52B$6.64B$3.96B$2.77B$2.73B$2.54B$2.22B
Property, plant and equipment $462.1M$449.4M$479.2M$501.9M$487.9M$506.4M$499.3M$504.1M$525.2M$536.6M
Goodwill $7.9M$7.9M$7.9M$7.9M$7.9M$7.9M$7.9M$7.9M$7.9M$7.9M
Total assets $4.89B$4.75B$4.52B$5.59B$7.61B$4.93B$3.69B$3.31B$3.12B$2.79B
Accounts payable $1.12B$1.04B$860.9M$1.11B$2.01B$1.14B$735.7M$902.3M$866.3M$726.6M
Total current liabilities $2.07B$2.07B$1.70B$2.05B$3.73B$1.89B$1.17B$1.33B$1.09B$929.9M
Retained earnings $2.54B$2.46B$2.58B$3.31B$3.62B$2.60B$2.32B$2.09B$2.06B$1.94B
Total equity $2.36B$2.22B$2.39B$3.11B$3.50B$2.66B$2.20B$1.99B$1.99B$1.85B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $1.01B$723.4M$1.05B$2.13B$868.5M$655.0M$771.7M$572.8M$488.6M$529.5M
Depreciation and amortisation $56.8M$61.1M$67.8M$57.3M$51.3M$57.0M$51.0M$54.0M$49.3M$46.8M
Stock-based compensation $69.2M$64.4M$58.4M$64.4M$69.4M$62.5M$61.5M$56.1M$50.9M$45.2M
Capital expenditure $53.1M$40.5M$39.3M$86.8M$36.2M$47.5M$47.0M$47.5M$95.0M$59.3M
Investing cash flow -$44.7M-$40.5M-$39.4M-$87.7M-$36.6M-$46.0M-$46.0M-$48.4M-$11.7M-$53.2M
Financing cash flow -$802.5M-$1.03B-$1.54B-$1.68B-$613.5M-$331.5M-$417.8M-$627.7M-$424.6M-$298.8M
Dividends paid $207.4M$204.1M$202.0M$213.8M$195.8M$174.9M$170.6M$156.8M$150.5M$145.1M
Buybacks $667.3M$855.1M$1.39B$1.58B$514.6M$332.4M$389.1M$647.9M$478.3M$337.7M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-071569.

Plot the figures US dollars

  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 5B 10B 15B 20B Revenue, FY2016: 6.1B Net income, FY2016: 430.8M Revenue, FY2017: 6.9B Net income, FY2017: 489.3M Revenue, FY2018: 8.1B Net income, FY2018: 618.2M Revenue, FY2019: 7.9B Net income, FY2019: 590.4M Revenue, FY2020: 9.6B Net income, FY2020: 696.1M Revenue, FY2021: 16.5B Net income, FY2021: 1.4B Revenue, FY2022: 17.1B Net income, FY2022: 1.4B Revenue, FY2023: 9.3B Net income, FY2023: 752.9M Revenue, FY2024: 10.6B Net income, FY2024: 810.1M Revenue, FY2025: 11.1B Net income, FY2025: 810.3M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $6.10B $6.92B $8.14B $7.94B $9.58B $16.52B $17.07B $9.30B $10.60B $11.07B
Gross profit — — — — — — — — — —
Net income $430.8M $489.3M $618.2M $590.4M $696.1M $1.42B $1.36B $752.9M $810.1M $810.3M

Recent filings and events

  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Other event Item 8.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 4731

TickerCompanyMarket capP/ERevenue growth
CHRW C. H. ROBINSON WORLDWIDE, INC. $16.50B 29.2x -8.4%
BCO BRINKS CO $4.58B 23.7x 5.0%
FWRD FORWARD AIR CORP $516.8M — 0.8%
RLGT RADIANT LOGISTICS, INC $408.4M 24.9x 12.5%
QNME Quanome Technologies, Inc. $14.1M — -2.9%
SGLY Singularity Future Technology Ltd. $2.8M — -42.2%
FRGT Freight Technologies, Inc. $1.8M — -4.9%
PSIG PS International Group Ltd. — — -39.1%