Expeditors International of Washington, Inc.
- Open
- 187.16
- Day high
- 188.56
- Day low
- 187.16
- Prev close
- 186.16
- Volume
- 35K
- Mkt cap
- $24.3B
- P/E (TTM)
- 27.2
- EPS (TTM)
- $6.89
- P/B
- 11.5
- P/S
- 2.0
- Yield
- 0.84%
- Per share
- $1.58
Expeditors International of Washington, Inc. (EXPD) is a Industrials company listed on NYSE. The stock is up 55% over the past year. Drillr has 1 published research article covering EXPD.
Expeditors International of Washington, Inc. (EXPD) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 8 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
EXPD earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Aug 4, 2026 | $1.69 | $2.03 | +20.1% | $3.5B | +20.4% |
| May 5, 2026 | $1.33 | $1.71 | +28.6% | $2.8B | +6.6% |
| Feb 24, 2026 | $1.46 | $1.49 | +2.1% | $2.9B | +9.3% |
| Feb 18, 2025 | $1.38 | $1.68 | +21.7% | $3.0B | +6.0% |
| Feb 20, 2024 | $1.23 | $1.09 | -11.4% | $2.3B | -1.3% |
| May 2, 2023 | $1.33 | $1.45 | +9.0% | $2.6B | -10.4% |
| Feb 21, 2023 | $1.96 | $1.38 | -29.6% | $3.4B | -13.3% |
| Aug 2, 2022 | $2.13 | $2.27 | +6.6% | $4.6B | -0.3% |
| May 3, 2022 | $1.74 | $2.05 | +17.8% | $4.7B | +10.7% |
| Feb 22, 2022 | $2.08 | $2.66 | +27.9% | $5.4B | +21.8% |
| Nov 2, 2021 | $1.77 | $2.09 | +18.1% | $4.3B | +18.6% |
| Aug 3, 2021 | $1.61 | $1.84 | +14.3% | $3.6B | +0.0% |
EXPD insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 17, 2026 | Dickerman Jeffrey Fofficer: Senior VP/Gen Counsel/Corp Sec | Grant | 10 | — |
| Jun 17, 2026 | Schoonover Gabe Oofficer: SVP - Global Ent Svc & CSO | Grant | 7 | — |
| Jun 17, 2026 | Wall Daniel Rofficer: President and CEO | Grant | 100 | — |
| Jun 17, 2026 | Wall Daniel Rofficer: President and CEO | Grant | 9 | — |
| Jun 17, 2026 | Hackett David Aofficer: Senior VP - CFO | Grant | 2 | — |
| Jun 17, 2026 | Schoonover Gabe Oofficer: SVP - Global Ent Svc & CSO | Grant | 1 | — |
| Jun 17, 2026 | Hawkins Courtney Aofficer: Senior VP - CIO | Grant | 10 | — |
| Jun 17, 2026 | Hackett David Aofficer: Senior VP - CFO | Grant | 1 | — |
| Jun 17, 2026 | Bell Blake Rofficer: President Global Business Dev | Grant | 23 | — |
| Jun 17, 2026 | Martinez Roberto Aofficer: President, Global Products | Grant | 19 | — |
| Jun 17, 2026 | Martinez Roberto Aofficer: President, Global Products | Grant | 5 | — |
| Jun 17, 2026 | Martinez Roberto Aofficer: President, Global Products | Grant | 28 | — |
| Jun 17, 2026 | Blacker Kelly Kofficer: President, Global Geographies | Grant | 32 | — |
| Jun 17, 2026 | Hackett David Aofficer: Senior VP - CFO | Grant | 24 | — |
| Jun 17, 2026 | Dickerman Jeffrey Fofficer: Senior VP/Gen Counsel/Corp Sec | Grant | 4 | — |
Source: EXPD SEC Form 4 filings, latest Jun 17, 2026. For informational purposes only — not investment advice.
See the full EXPD insider & 13F page →Expeditors International of Washington, Inc. company profile
Overview
Expeditors International of Washington, Inc. (NASDAQ:EXPD) is a global logistics services company founded in 1979 and headquartered in Seattle, Washington. The company went public in 1984 and has grown to become one of the world's leading freight forwarders and third-party logistics providers. Expeditors operates across six continents, serving customers in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India through a network of offices and strategic partnerships.
Business
Expeditors operates in the integrated freight and logistics industry, serving as a critical intermediary in global supply chains. The company acts as a freight forwarder, which means it organizes and coordinates the shipment of goods on behalf of importers and exporters, but does not own the transportation assets like ships, planes, or trucks. The company's core services include: 1. Airfreight Services - Expeditors consolidates smaller shipments from multiple customers into larger loads to achieve economies of scale, then arranges air transportation through commercial airlines. This service is essential for time-sensitive, high-value, or lightweight cargo that needs to move quickly across international borders. 2. Ocean Freight Services - The company provides ocean freight consolidation and direct ocean forwarding services, managing the complex process of shipping goods via container vessels. This includes everything from booking cargo space to managing documentation and customs clearance at ports worldwide. 3. Customs Brokerage and Trade Compliance - Expeditors helps customers navigate the complex web of international trade regulations, preparing necessary documentation, ensuring compliance with import/export laws, and facilitating customs clearance processes. 4. Ground Transportation and Warehousing - The company provides intra-continental trucking services and operates distribution centers to store and manage inventory for customers. 5. Supply Chain Solutions - Expeditors offers comprehensive supply chain management services including purchase order management, vendor consolidation, cargo insurance, and specialized monitoring for temperature-controlled or high-security shipments. The company primarily serves retail, wholesale, electronics, technology, industrial, and manufacturing companies that need to move goods across international borders efficiently and cost-effectively.
Competitive moat
Expeditors possesses a moderate competitive moat built primarily on network effects, operational expertise, and customer relationships. The company's global network of offices and partnerships creates significant value for customers who need seamless international logistics coordination, as replicating this infrastructure would require substantial time and capital investment. The company's deep expertise in customs regulations and trade compliance across multiple countries represents a significant barrier to entry, as this knowledge is accumulated over decades and is critical for customers navigating complex international trade requirements. Expeditors also benefits from economies of scale in freight consolidation - larger volumes allow for better rates with carriers and more frequent service offerings. However, the moat faces several challenges. The logistics industry has relatively low switching costs for customers, and large shippers increasingly work with multiple freight forwarders or attempt to bypass intermediaries entirely. Digital disruption poses a significant threat, as technology platforms aim to automate many traditional freight forwarding functions and provide more transparent pricing. Large e-commerce companies like Amazon have built their own logistics capabilities, potentially reducing demand for third-party services. Additionally, consolidation among ocean carriers and airlines has increased their bargaining power relative to freight forwarders, potentially compressing margins over time. The company's competitive position remains solid but requires continuous investment in technology and service capabilities to maintain relevance in an evolving industry.
Risks & safety
Expeditors demonstrates a strong financial position with solid margins of safety across multiple metrics: • Cash Position: $1.32 billion in cash and short-term investments as of Q1 2025, providing substantial liquidity buffer • Debt Management: Low debt-to-equity ratio of 0.26, indicating conservative capital structure with minimal solvency risk • Cash Generation: Strong free cash flow of $330 million in Q1 2025 and $683 million for full year 2024, demonstrating consistent cash generation ability • Current Ratio: 1.83 indicates adequate short-term liquidity to meet obligations • Valuation Metrics: Trading at 20.3x P/E ratio and 14.1x EV/EBITDA, representing reasonable but not cheap valuations for a mature logistics company • Profitability: Consistent profitability with net margins around 7-8% and ROE of 36% in 2024, though this was elevated compared to historical norms • Working Capital: Strong working capital management with current assets significantly exceeding current liabilities
Recent development
Based on the financial data trends, Expeditors has experienced significant volatility in recent years, reflecting broader supply chain disruptions and normalization patterns. The company saw exceptional performance in 2022 with revenues of $17.1 billion and net income of $1.36 billion, likely benefiting from supply chain disruptions that increased demand for logistics services and allowed for premium pricing. However, revenue normalized significantly in 2023-2024, dropping to $9.3 billion in 2023 and $10.6 billion in 2024, as supply chain conditions stabilized and freight rates returned to more typical levels. Despite lower revenues, the company maintained strong profitability with net income of $810 million in 2024, demonstrating operational resilience. The company appears to be focusing on operational efficiency and cost management during this normalization period, maintaining healthy cash generation with free cash flow of $683 million in 2024. Recent quarterly results show continued stability, with Q1 2025 revenue of $2.67 billion and net income of $204 million, suggesting the business has adapted to the post-pandemic operating environment. The financial metrics indicate Expeditors is managing through a cyclical downturn while maintaining its market position and preparing for future growth opportunities as global trade patterns continue to evolve.
EXPD company profile · for informational purposes only — not investment advice.
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