Expeditors International of Washington (EXPD) Financials

$112.55 -1.14 (-1.00%)

Closing price 05/23/2025 03:59 PM Eastern

Extended Trading

$112.00 -0.55 (-0.49%)

As of 05/23/2025 06:00 PM Eastern

Annual Income Statements for Expeditors International of Washington

This table shows Expeditors International of Washington's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	810	753	1,357	1,415	696	590	618	489	431	457
Consolidated Net Income / (Loss)	812	752	1,361	1,419	698	592	620	490	433	459
Net Income / (Loss) Continuing Operations	812	752	1,361	1,419	698	592	620	490	433	459
Total Pre-Tax Income	1,095	1,015	1,836	1,925	957	796	818	719	687	737
Total Operating Income	1,041	940	1,824	1,909	940	767	797	700	670	721
Total Gross Profit	1,651	1,546	2,438	2,403	1,390	1,214	1,227	1,052	1,006	1,044
Total Revenue	10,601	9,300	17,071	16,524	9,584	7,942	8,138	6,921	6,098	6,617
Operating Revenue	10,601	9,300	17,071	16,524	9,584	7,942	8,138	6,921	6,098	6,617
Total Cost of Revenue	8,949	7,755	14,633	14,121	8,195	6,728	6,911	5,869	5,092	5,572
Operating Cost of Revenue	8,949	7,755	14,633	14,121	8,195	6,728	6,911	5,869	5,092	5,572
Total Operating Expenses	610	606	614	494	449	447	431	352	336	323
Selling, General & Admin Expense	274	278	322	240	204	186	178	138	139	132
Marketing Expense	33	28	24	16	18	44	45	44	42	42
Depreciation Expense	61	68	57	51	57	51	54	49	47	46
Other Operating Expenses / (Income)	241	232	210	186	170	166	153	120	109	102
Total Other Income / (Expense), net	53	75	12	15	16	29	22	18	17	15
Interest & Investment Income	47	70	26	8.81	10	23	19	13	12	10
Other Income / (Expense), net	6.77	4.64	-14	6.89	5.93	6.30	2.61	5.13	5.11	4.78
Income Tax Expense	283	263	475	506	258	204	199	228	254	277
Net Income / (Loss) Attributable to Noncontrolling Interest	1.56	-1.10	3.21	3.35	2.07	1.62	1.59	1.04	1.73	2.27
Basic Earnings per Share	$5.75	$5.05	$8.33	$8.37	$4.14	$3.45	$3.55	$2.73	$2.38	$2.42
Weighted Average Basic Shares Outstanding	140.99M	149.14M	163.01M	169.15M	168.33M	170.90M	174.13M	179.25M	181.28M	188.94M
Diluted Earnings per Share	$5.72	$5.01	$8.26	$8.27	$4.07	$3.39	$3.48	$2.69	$2.36	$2.40
Weighted Average Diluted Shares Outstanding	141.72M	150.19M	164.43M	171.25M	170.90M	174.21M	177.83M	181.67M	182.70M	190.22M
Weighted Average Basic & Diluted Shares Outstanding	138.03M	143.90M	154.40M	167.40M	169.37M	169.76M	174.10M	179.20M	181M	188.90M
Cash Dividends to Common per Share	$1.46	$1.38	$1.34	$1.16	$1.04	$1.00	$0.90	$0.84	$0.80	$0.72

This table shows Expeditors International of Washington's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	204	236	230	175	169	159	171	197	226	219	414
Consolidated Net Income / (Loss)	204	236	230	175	170	159	171	196	226	215	414
Net Income / (Loss) Continuing Operations	204	236	230	175	170	159	171	196	226	215	414
Total Pre-Tax Income	276	313	312	236	233	216	232	266	301	321	535
Total Operating Income	266	301	302	224	215	199	216	248	276	330	527
Total Gross Profit	432	462	456	373	360	355	375	392	424	506	669
Total Revenue	2,666	2,955	3,000	2,439	2,207	2,278	2,190	2,240	2,593	3,442	4,362
Operating Revenue	2,666	2,955	3,000	2,439	2,207	2,278	2,190	2,240	2,593	3,442	4,362
Total Cost of Revenue	2,235	2,493	2,544	2,066	1,846	1,923	1,815	1,848	2,169	2,935	3,694
Operating Cost of Revenue	2,235	2,493	2,544	2,066	1,846	1,923	1,815	1,848	2,169	2,935	3,694
Total Operating Expenses	166	161	154	149	145	155	159	144	148	176	142
Selling, General & Admin Expense	78	76	70	67	62	67	79	63	68	99	67
Marketing Expense	8.57	11	7.59	8.00	6.78	9.07	6.15	6.31	6.38	8.12	6.24
Depreciation Expense	15	15	16	15	15	21	16	16	15	15	15
Other Operating Expenses / (Income)	64	59	61	60	61	58	58	58	58	54	53
Total Other Income / (Expense), net	10	12	11	12	18	17	16	18	25	-8.66	7.93
Interest & Investment Income	9.18	10	9.92	12	15	17	17	18	19	13	7.84
Other Income / (Expense), net	0.84	2.17	0.97	0.10	3.53	0.25	-1.33	-0.11	5.83	-23	0.57
Income Tax Expense	72	77	82	61	63	57	61	70	75	106	121
Net Income / (Loss) Attributable to Noncontrolling Interest	0.30	0.28	0.35	-0.32	1.25	0.43	-0.51	-1.01	-0.01	-4.54	-0.05
Basic Earnings per Share	$1.48	$1.70	$1.63	$1.24	$1.18	$1.11	$1.16	$1.31	$1.47	$1.41	$2.56
Weighted Average Basic Shares Outstanding	137.83M	140.99M	140.42M	141.01M	143.19M	149.14M	147.10M	150.44M	154.16M	163.01M	162.03M
Diluted Earnings per Share	$1.47	$1.68	$1.63	$1.24	$1.17	$1.10	$1.16	$1.30	$1.45	$1.40	$2.54
Weighted Average Diluted Shares Outstanding	138.44M	141.72M	141.03M	141.72M	144.13M	150.19M	148.00M	151.56M	155.47M	164.43M	163.25M
Weighted Average Basic & Diluted Shares Outstanding	136.95M	138.03M	139.98M	141.13M	141.25M	143.90M	145.39M	147.90M	152.79M	154.40M	159.14M

This table details how cash moves in and out of Expeditors International of Washington's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-365	-521	305	201	297	307	-127	77	167	-119
Net Cash From Operating Activities	723	1,053	2,130	868	655	772	573	489	529	567
Net Cash From Continuing Operating Activities	723	1,053	2,130	868	655	772	573	489	529	567
Net Income / (Loss) Continuing Operations	812	752	1,361	1,419	698	592	620	490	433	459
Consolidated Net Income / (Loss)	812	752	1,361	1,419	698	592	620	490	433	459
Depreciation Expense	61	68	57	51	57	51	54	49	47	46
Non-Cash Adjustments To Reconcile Net Income	64	71	77	81	72	62	61	52	44	46
Changes in Operating Assets and Liabilities, net	-214	163	635	-682	-172	66	-162	-103	5.87	15
Net Cash From Investing Activities	-41	-39	-88	-37	-46	-46	-48	-12	-53	-7.43
Net Cash From Continuing Investing Activities	-41	-39	-88	-37	-46	-46	-48	-12	-53	-7.43
Purchase of Property, Plant & Equipment	-40	-39	-87	-36	-48	-47	-47	-95	-59	-44
Other Investing Activities, net	-0.06	-0.12	-0.89	-0.40	1.52	1.01	-0.93	-1.07	5.93	-3.60
Net Cash From Financing Activities	-1,025	-1,537	-1,685	-614	-331	-418	-628	-425	-299	-637
Net Cash From Continuing Financing Activities	-1,025	-1,537	-1,685	-614	-331	-418	-628	-425	-299	-637
Repayment of Debt	-35	-38	-30	-2.55	-0.21	-	-	-	-	-
Repurchase of Common Equity	-855	-1,393	-1,582	-515	-332	-389	-648	-478	-338	-630
Payment of Dividends	-204	-203	-216	-197	-175	-171	-159	-151	-146	-138
Issuance of Debt	15	32	82	10	0.26	0.25	-	-	-	-
Issuance of Common Equity	69	85	81	106	186	148	183	205	185	131
Other Financing Activities, net	-15	-20	-19	-15	-11	-6.67	-3.25	-	0.00	-
Effect of Exchange Rate Changes	-22	1.56	-52	-17	20	-1.12	-24	24	-11	-42
Cash Income Taxes Paid	257	356	567	443	240	222	239	250	254	239

This table details how cash moves in and out of Expeditors International of Washington's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	170	-145	21	-99	-142	-127	-59	-652	317	-120	178
Net Cash From Operating Activities	343	250	90	127	257	158	190	158	546	487	670
Net Cash From Continuing Operating Activities	343	250	90	127	257	158	190	158	546	487	670
Net Income / (Loss) Continuing Operations	204	236	230	175	170	159	171	196	226	215	414
Consolidated Net Income / (Loss)	204	236	230	175	170	159	171	196	226	215	414
Depreciation Expense	15	15	16	15	15	21	16	16	15	15	15
Non-Cash Adjustments To Reconcile Net Income	15	11	9.34	29	15	15	20	21	15	15	21
Changes in Operating Assets and Liabilities, net	109	-13	-165	-93	57	-37	-16	-74	290	242	220
Net Cash From Investing Activities	-13	-10	-13	-7.88	-10	-11	-7.98	-11	-9.55	-19	-17
Net Cash From Continuing Investing Activities	-13	-10	-13	-7.88	-10	-11	-7.98	-11	-9.55	-19	-17
Purchase of Property, Plant & Equipment	-13	-10	-12	-7.94	-10	-11	-7.99	-10	-10	-18	-16
Other Investing Activities, net	0.16	0.01	-0.23	0.07	0.10	0.09	0.01	-0.79	0.58	-0.25	-0.59
Net Cash From Financing Activities	-166	-367	-76	-207	-375	-289	-229	-792	-227	-637	-429
Net Cash From Continuing Financing Activities	-166	-367	-76	-207	-375	-289	-229	-792	-227	-637	-429
Repayment of Debt	-0.24	-15	-0.19	-2.82	-17	-4.51	-1.49	-5.74	-26	-0.69	-21
Repurchase of Common Equity	-177	-252	-140	-102	-361	-194	-298	-688	-214	-564	-469
Payment of Dividends	-1.35	-101	-	-	-	-101	-	-	-	-105	-0.54
Issuance of Debt	0.43	0.24	11	4.08	0.04	5.25	8.40	7.05	11	25	-
Issuance of Common Equity	13	1.52	53	6.45	8.03	4.58	62	9.18	9.29	7.66	62
Other Financing Activities, net	-0.51	-	-	-10	-5.19	-0.01	-	-12	-7.45	-0.00	-
Effect of Exchange Rate Changes	6.55	-18	20	-10	-14	15	-12	-7.86	6.37	48	-47
Cash Income Taxes Paid	41	61	63	97	37	50	62	174	71	101	151

This table presents Expeditors International of Washington's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	4,754	4,524	5,590	7,610	4,928	3,692	3,315	3,117	2,791	2,566
Total Current Assets	3,660	3,435	4,518	6,635	3,964	2,770	2,735	2,541	2,219	1,977
Cash & Equivalents	1,148	1,513	2,034	1,729	1,528	1,230	924	1,051	974	808
Accounts Receivable	1,998	1,533	2,108	3,810	1,998	1,315	1,582	1,415	1,190	1,112
Prepaid Expenses	164	171	119	109	110	93	70	76	54	56
Other Current Assets	349	219	258	987	327	132	160	0.00	-	-
Plant, Property, & Equipment, net	449	479	502	488	506	499	504	525	537	525
Total Noncurrent Assets	645	609	571	487	458	423	76	50	36	64
Goodwill	7.93	7.93	7.93	7.93	7.93	7.93	7.93	7.93	7.93	7.93
Noncurrent Deferred & Refundable Income Taxes	71	64	37	0.73	0.00	8.03	40	13	0.00	-
Other Noncurrent Operating Assets	567	538	525	478	450	407	27	29	28	56
Total Liabilities & Shareholders' Equity	4,754	4,524	5,590	7,610	4,928	3,692	3,315	3,117	2,791	2,566
Total Liabilities	2,529	2,132	2,477	4,112	2,264	1,495	1,327	1,123	944	871
Total Current Liabilities	2,066	1,704	2,054	3,726	1,893	1,168	1,327	1,093	930	861
Accounts Payable	1,037	861	1,109	2,012	1,137	736	902	866	727	645
Accrued Expenses	452	447	479	404	257	189	216	206	186	187
Current Deferred Revenue	442	281	323	-	-	-	-	-	-	-
Current Deferred & Payable Income Tax Liabilities	29	16	47	86	45	24	18	20	18	29
Other Current Liabilities	107	100	96	1,224	454	220	190	0.00	-	-
Total Noncurrent Liabilities	462	428	423	386	371	326	0.00	30	14	9.53
Other Noncurrent Operating Liabilities	462	428	423	386	364	326	0.00	-	-	-
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,226	2,391	3,114	3,498	2,663	2,197	1,988	1,994	1,847	1,695
Total Preferred & Common Equity	2,223	2,390	3,110	3,494	2,660	2,195	1,987	1,992	1,845	1,692
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,223	2,390	3,110	3,494	2,660	2,195	1,987	1,992	1,845	1,692
Common Stock	1.38	1.44	1.68	4.83	159	4.90	3.61	2.31	4.44	1.85
Retained Earnings	2,455	2,581	3,311	3,620	2,600	2,321	2,089	2,064	1,945	1,771
Accumulated Other Comprehensive Income / (Loss)	-234	-192	-203	-130	-100	-131	-105	-74	-105	-81
Noncontrolling Interest	2.77	1.06	3.51	3.57	3.59	2.19	0.88	2.52	2.58	2.68

This table presents Expeditors International of Washington's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	4,757	4,754	5,171	4,788	4,488	4,524	4,578	4,564	5,333	5,590	6,608
Total Current Assets	3,641	3,660	4,083	3,697	3,374	3,435	3,512	3,483	4,257	4,518	5,588
Cash & Equivalents	1,319	1,148	1,293	1,272	1,370	1,513	1,639	1,699	2,351	2,034	2,155
Accounts Receivable	1,904	1,998	2,177	1,844	1,572	1,533	1,459	1,424	1,604	2,108	2,748
Prepaid Expenses	138	164	181	186	153	171	190	185	106	119	185
Other Current Assets	280	349	432	395	278	219	224	176	196	258	500
Plant, Property, & Equipment, net	454	449	469	461	470	479	481	495	500	502	481
Total Noncurrent Assets	662	645	619	630	645	609	585	587	575	571	539
Goodwill	7.93	7.93	7.93	7.93	7.93	7.93	7.93	7.93	7.93	7.93	7.93
Noncurrent Deferred & Refundable Income Taxes	70	71	70	70	64	64	51	44	38	37	27
Other Noncurrent Operating Assets	584	567	542	553	572	538	527	535	529	525	504
Total Liabilities & Shareholders' Equity	4,757	4,754	5,171	4,788	4,488	4,524	4,578	4,564	5,333	5,590	6,608
Total Liabilities	2,469	2,529	2,812	2,610	2,291	2,132	2,087	2,006	2,182	2,477	3,116
Total Current Liabilities	1,990	2,066	2,376	2,161	1,826	1,704	1,667	1,579	1,760	2,054	2,706
Accounts Payable	1,047	1,037	1,240	1,073	927	861	846	816	951	1,109	1,545
Accrued Expenses	441	452	471	487	434	447	424	422	433	479	404
Current Deferred Revenue	360	442	532	475	345	281	284	219	-	323	-
Current Deferred & Payable Income Tax Liabilities	33	29	26	22	20	16	13	23	33	47	75
Other Current Liabilities	109	107	107	104	101	100	100	100	343	96	683
Total Noncurrent Liabilities	479	462	436	449	464	428	420	427	422	423	410
Other Noncurrent Operating Liabilities	479	462	436	449	464	428	420	427	422	423	-
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,288	2,226	2,359	2,178	2,198	2,391	2,491	2,558	3,150	3,114	3,491
Total Preferred & Common Equity	2,286	2,223	2,357	2,176	2,195	2,390	2,490	2,556	3,147	3,110	3,482
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,286	2,223	2,357	2,176	2,195	2,390	2,490	2,556	3,147	3,110	3,482
Common Stock	1.37	1.38	5.71	9.14	1.41	1.44	1.45	1.47	1.53	1.68	1.71
Retained Earnings	2,504	2,455	2,541	2,386	2,402	2,581	2,701	2,752	3,336	3,311	3,739
Accumulated Other Comprehensive Income / (Loss)	-220	-234	-190	-218	-207	-192	-213	-198	-190	-203	-258
Noncontrolling Interest	1.71	2.77	2.46	2.01	2.20	1.06	1.69	2.17	3.20	3.51	9.21

This table displays calculated financial ratios and metrics derived from Expeditors International of Washington's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	13.98%	-45.52%	3.32%	72.40%	20.67%	-2.41%	17.59%	13.49%	-7.84%	0.79%
EBITDA Growth	9.57%	-45.80%	-5.08%	96.10%	21.77%	-3.43%	13.05%	4.52%	-6.50%	18.92%
EBIT Growth	10.96%	-47.82%	-5.53%	102.48%	22.43%	-3.28%	13.30%	4.46%	-7.02%	21.02%
NOPAT Growth	10.89%	-48.51%	-3.94%	105.05%	20.35%	-5.46%	26.25%	13.23%	-6.22%	21.83%
Net Income Growth	7.96%	-44.75%	-4.10%	103.21%	17.94%	-4.48%	26.39%	13.37%	-5.87%	21.09%
EPS Growth	14.17%	-39.35%	-0.12%	103.19%	20.06%	-2.59%	29.37%	13.98%	-1.67%	25.00%
Operating Cash Flow Growth	-31.32%	-50.55%	145.21%	32.60%	-15.13%	34.72%	17.22%	-7.71%	-6.54%	43.45%
Free Cash Flow Firm Growth	-36.12%	-56.07%	163.92%	49.44%	-22.45%	38.34%	18.46%	-6.59%	-6.67%	52.08%
Invested Capital Growth	22.64%	-18.61%	-38.99%	55.83%	17.45%	-9.14%	12.80%	8.08%	-1.59%	-1.91%
Revenue Q/Q Growth	6.82%	-11.12%	-10.27%	17.61%	13.11%	-5.06%	4.28%	3.89%	0.76%	-2.54%
EBITDA Q/Q Growth	9.11%	-10.92%	-14.31%	20.66%	11.52%	-4.31%	1.89%	3.96%	-1.06%	3.18%
EBIT Q/Q Growth	10.41%	-12.14%	-14.78%	21.44%	12.05%	-4.50%	2.00%	4.08%	-1.19%	3.41%
NOPAT Q/Q Growth	11.60%	-9.79%	-14.59%	22.05%	10.32%	-6.75%	2.18%	12.86%	-0.69%	2.76%
Net Income Q/Q Growth	10.48%	-6.89%	-14.96%	21.86%	9.71%	-6.60%	1.99%	12.98%	-0.92%	3.23%
EPS Q/Q Growth	11.28%	-5.65%	-13.33%	22.52%	9.70%	-6.09%	2.65%	13.03%	-0.42%	4.80%
Operating Cash Flow Q/Q Growth	14.46%	-23.77%	9.33%	23.16%	-3.44%	8.88%	-4.08%	12.38%	-7.87%	5.24%
Free Cash Flow Firm Q/Q Growth	19.94%	-46.17%	42.12%	30.75%	-10.20%	14.12%	-15.54%	41.93%	-8.95%	3.76%
Invested Capital Q/Q Growth	1.08%	3.11%	-38.20%	10.55%	9.29%	-2.68%	10.06%	-0.46%	7.59%	2.50%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	15.58%	16.62%	14.28%	14.54%	14.50%	15.29%	15.08%	15.20%	16.50%	15.78%
EBITDA Margin	10.46%	10.89%	10.94%	11.91%	10.47%	10.37%	10.48%	10.90%	11.84%	11.67%
Operating Margin	9.82%	10.11%	10.69%	11.56%	9.81%	9.65%	9.79%	10.12%	10.99%	10.90%
EBIT Margin	9.89%	10.16%	10.60%	11.60%	9.87%	9.73%	9.82%	10.19%	11.07%	10.98%
Profit (Net Income) Margin	7.66%	8.08%	7.97%	8.59%	7.28%	7.45%	7.62%	7.09%	7.09%	6.94%
Tax Burden Percent	74.14%	74.06%	74.11%	73.72%	72.99%	74.39%	75.74%	68.24%	62.97%	62.37%
Interest Burden Percent	104.46%	107.46%	101.41%	100.44%	101.08%	102.95%	102.40%	101.87%	101.71%	101.43%
Effective Tax Rate	25.86%	25.94%	25.89%	26.28%	27.01%	25.61%	24.26%	31.76%	37.03%	37.63%
Return on Invested Capital (ROIC)	78.94%	71.11%	94.93%	96.92%	65.31%	56.17%	60.11%	52.63%	47.97%	50.25%
ROIC Less NNEP Spread (ROIC-NNEP)	75.96%	67.98%	94.47%	96.22%	64.45%	54.16%	58.44%	51.39%	46.79%	49.18%
Return on Net Nonoperating Assets (RNNOA)	-43.78%	-43.80%	-53.77%	-50.86%	-36.58%	-27.88%	-28.98%	-27.10%	-23.54%	-24.48%
Return on Equity (ROE)	35.16%	27.31%	41.16%	46.06%	28.73%	28.29%	31.13%	25.53%	24.42%	25.77%
Cash Return on Invested Capital (CROIC)	58.59%	91.63%	143.36%	53.27%	49.26%	65.75%	48.08%	44.86%	49.57%	52.18%
Operating Return on Assets (OROA)	22.59%	18.68%	27.43%	30.57%	21.96%	22.07%	24.85%	23.88%	25.21%	26.62%
Return on Assets (ROA)	17.50%	14.87%	20.61%	22.63%	16.20%	16.90%	19.27%	16.60%	16.15%	16.84%
Return on Common Equity (ROCE)	35.13%	27.29%	41.11%	46.00%	28.70%	28.27%	31.10%	25.50%	24.39%	25.73%
Return on Equity Simple (ROE_SIMPLE)	36.51%	31.45%	43.75%	40.60%	26.25%	26.97%	31.19%	24.62%	23.45%	27.16%
Net Operating Profit after Tax (NOPAT)	772	696	1,352	1,408	686	570	603	478	422	450
NOPAT Margin	7.28%	7.49%	7.92%	8.52%	7.16%	7.18%	7.41%	6.90%	6.92%	6.80%
Net Nonoperating Expense Percent (NNEP)	2.98%	3.14%	0.45%	0.69%	0.85%	2.01%	1.67%	1.24%	1.18%	1.07%
Return On Investment Capital (ROIC_SIMPLE)	34.68%	29.11%	43.43%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	84.42%	83.38%	85.72%	85.46%	85.50%	84.71%	84.92%	84.80%	83.50%	84.22%
SG&A Expenses to Revenue	2.59%	2.99%	1.89%	1.45%	2.13%	2.35%	2.19%	2.00%	2.28%	2.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	5.75%	6.51%	3.59%	2.99%	4.69%	5.63%	5.29%	5.08%	5.51%	4.88%
Earnings before Interest and Taxes (EBIT)	1,048	945	1,810	1,916	946	773	799	705	675	726
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,109	1,012	1,868	1,968	1,003	824	853	755	722	772
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.97	7.64	5.19	6.32	5.82	5.75	5.54	5.34	4.72	4.46
Price to Tangible Book Value (P/TBV)	7.00	7.67	5.21	6.33	5.84	5.77	5.56	5.36	4.74	4.48
Price to Revenue (P/Rev)	1.46	1.96	0.95	1.34	1.62	1.59	1.35	1.54	1.43	1.14
Price to Earnings (P/E)	19.14	24.27	11.90	15.60	22.24	21.37	17.80	21.74	20.22	16.51
Dividend Yield	1.32%	1.10%	1.32%	0.89%	1.14%	1.35%	1.41%	1.40%	1.66%	1.78%
Earnings Yield	5.22%	4.12%	8.41%	6.41%	4.50%	4.68%	5.62%	4.60%	4.94%	6.06%
Enterprise Value to Invested Capital (EV/IC)	13.33	19.08	13.08	11.50	12.29	11.78	9.48	10.17	8.87	7.60
Enterprise Value to Revenue (EV/Rev)	1.35	1.80	0.83	1.23	1.46	1.43	1.24	1.39	1.27	1.02
Enterprise Value to EBITDA (EV/EBITDA)	12.95	16.56	7.56	10.35	13.91	13.82	11.82	12.71	10.72	8.73
Enterprise Value to EBIT (EV/EBIT)	13.70	17.74	7.80	10.62	14.75	14.73	12.62	13.59	11.46	9.28
Enterprise Value to NOPAT (EV/NOPAT)	18.60	24.07	10.44	14.46	20.33	19.96	16.71	20.07	18.34	14.98
Enterprise Value to Operating Cash Flow (EV/OCF)	19.85	15.91	6.63	23.44	21.31	14.76	17.60	19.62	14.62	11.90
Enterprise Value to Free Cash Flow (EV/FCFF)	25.06	18.68	6.91	26.31	26.96	17.06	20.89	23.54	17.75	14.43
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.58	-0.64	-0.57	-0.53	-0.57	-0.51	-0.50	-0.53	-0.50	-0.50
Leverage Ratio	2.01	1.84	2.00	2.03	1.77	1.67	1.62	1.54	1.51	1.53
Compound Leverage Factor	2.10	1.97	2.02	2.04	1.79	1.72	1.65	1.57	1.54	1.55
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.12%	0.04%	0.11%	0.10%	0.13%	0.10%	0.04%	0.13%	0.14%	0.16%
Common Equity to Total Capital	99.88%	99.96%	99.89%	99.90%	99.87%	99.90%	99.96%	99.87%	99.86%	99.84%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	7.76	9.14	9.39	7.35	7.92	9.31	9.62	10.14	10.05	10.20
Noncontrolling Interest Sharing Ratio	0.08%	0.08%	0.11%	0.12%	0.12%	0.07%	0.09%	0.13%	0.15%	0.17%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.77	2.02	2.20	1.78	2.09	2.37	2.06	2.33	2.39	2.29
Quick Ratio	1.52	1.79	2.02	1.49	1.86	2.18	1.89	2.26	2.33	2.23
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	573	897	2,042	774	518	668	483	407	436	467
Operating Cash Flow to CapEx	1,787.58%	2,678.92%	2,452.86%	2,396.04%	1,377.64%	1,641.12%	1,206.56%	4,605.02%	896.11%	1,283.99%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	1,882.51	2,364.08	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	2,113.12	2,990.73	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	2,024.93	2,773.63	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.29	1.84	2.59	2.64	2.22	2.27	2.53	2.34	2.28	2.43
Accounts Receivable Turnover	6.01	5.11	5.77	5.69	5.79	5.48	5.43	5.31	5.30	5.64
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	22.83	18.96	34.49	33.24	19.06	15.83	15.81	13.04	11.49	12.45
Accounts Payable Turnover	9.43	7.87	9.38	8.97	8.75	8.22	7.82	7.37	7.42	7.87
Days Sales Outstanding (DSO)	60.78	71.43	63.27	64.15	63.09	66.56	67.19	68.69	68.91	64.77
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	38.70	46.36	38.93	40.70	41.70	44.43	46.70	49.53	49.17	46.36
Cash Conversion Cycle (CCC)	22.08	25.07	24.34	23.45	21.38	22.13	20.49	19.16	19.73	18.41
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,077	879	1,079	1,769	1,135	967	1,064	943	873	887
Invested Capital Turnover	10.84	9.50	11.99	11.38	9.12	7.82	8.11	7.62	6.93	7.39
Increase / (Decrease) in Invested Capital	199	-201	-690	634	169	-97	121	70	-14	-17
Enterprise Value (EV)	14,360	16,760	14,117	20,355	13,958	11,387	10,083	9,589	7,741	6,743
Market Capitalization	15,505	18,272	16,147	22,080	15,482	12,616	11,005	10,638	8,713	7,548
Book Value per Share	$15.88	$16.44	$19.54	$20.63	$15.71	$12.89	$11.51	$11.21	$10.23	$9.08
Tangible Book Value per Share	$15.82	$16.39	$19.49	$20.58	$15.67	$12.84	$11.47	$11.16	$10.18	$9.03
Total Capital	2,226	2,391	3,114	3,498	2,663	2,197	1,988	1,994	1,847	1,695
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-1,148	-1,513	-2,034	-1,729	-1,528	-1,230	-924	-1,051	-974	-808
Capital Expenditures (CapEx)	40	39	87	36	48	47	47	11	59	44
Debt-free, Cash-free Net Working Capital (DFCFNWC)	445	218	430	1,180	543	371	484	397	314	307
Debt-free Net Working Capital (DFNWC)	1,593	1,731	2,464	2,909	2,071	1,602	1,408	1,448	1,289	1,115
Net Working Capital (NWC)	1,593	1,731	2,464	2,909	2,071	1,602	1,408	1,448	1,289	1,115
Net Nonoperating Expense (NNE)	-40	-56	-8.54	-11	-12	-22	-16	-13	-11	-9.48
Net Nonoperating Obligations (NNO)	-1,148	-1,513	-2,034	-1,729	-1,528	-1,230	-924	-1,051	-974	-808
Total Depreciation and Amortization (D&A)	61	68	57	51	57	51	54	49	47	46
Debt-free, Cash-free Net Working Capital to Revenue	4.20%	2.34%	2.52%	7.14%	5.66%	4.67%	5.95%	5.74%	5.15%	4.65%
Debt-free Net Working Capital to Revenue	15.03%	18.61%	14.43%	17.60%	21.60%	20.17%	17.30%	20.93%	21.13%	16.85%
Net Working Capital to Revenue	15.03%	18.61%	14.43%	17.60%	21.60%	20.17%	17.30%	20.93%	21.13%	16.85%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$5.75	$5.05	$8.33	$8.37	$4.14	$3.45	$3.55	$2.73	$2.38	$2.42
Adjusted Weighted Average Basic Shares Outstanding	140.99M	149.14M	163.01M	169.15M	168.33M	170.90M	174.13M	179.25M	181.28M	188.94M
Adjusted Diluted Earnings per Share	$5.72	$5.01	$8.26	$8.27	$4.07	$3.39	$3.48	$2.69	$2.36	$2.40
Adjusted Weighted Average Diluted Shares Outstanding	141.72M	150.19M	164.43M	171.25M	170.90M	174.21M	177.83M	181.67M	182.70M	190.22M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	138.03M	143.90M	154.40M	167.40M	169.37M	169.76M	171.67M	176.54M	180.12M	182.10M
Normalized Net Operating Profit after Tax (NOPAT)	772	696	1,352	1,408	686	570	603	478	422	450
Normalized NOPAT Margin	7.28%	7.49%	7.92%	8.52%	7.16%	7.18%	7.41%	6.90%	6.92%	6.80%
Pre Tax Income Margin	10.33%	10.91%	10.75%	11.65%	9.98%	10.02%	10.06%	10.38%	11.26%	11.13%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	4,662.34	4,321.32	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	3,424.75	3,134.44	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	4,574.14	4,104.22	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	3,336.56	2,917.35	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	25.15%	27.02%	15.86%	13.91%	25.05%	28.81%	25.71%	30.87%	33.86%	29.99%
Augmented Payout Ratio	130.50%	212.30%	132.12%	50.18%	72.66%	94.53%	130.24%	128.40%	111.93%	167.09%

This table displays calculated financial ratios and metrics derived from Expeditors International of Washington's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	20.83%	29.72%	36.99%	8.90%	-14.89%	-33.82%	-49.80%	-51.34%	-44.42%	-36.22%	0.99%
EBITDA Growth	20.49%	44.07%	38.17%	-9.44%	-21.41%	-31.32%	-57.55%	-49.29%	-38.47%	-49.22%	7.18%
EBIT Growth	22.17%	51.91%	40.87%	-9.81%	-22.53%	-34.95%	-59.29%	-50.93%	-40.02%	-50.57%	6.87%
NOPAT Growth	25.32%	54.77%	39.40%	-9.05%	-24.36%	-33.50%	-60.99%	-51.91%	-39.42%	-51.25%	14.11%
Net Income Growth	19.78%	48.39%	34.58%	-10.54%	-24.60%	-25.89%	-58.75%	-48.78%	-35.33%	-52.70%	15.07%
EPS Growth	25.64%	52.73%	40.52%	-4.62%	-19.31%	-21.43%	-54.33%	-42.73%	-29.27%	-47.57%	21.53%
Operating Cash Flow Growth	33.37%	57.70%	-52.64%	-19.99%	-52.98%	-67.46%	-71.66%	-71.64%	32.00%	59.58%	277.96%
Free Cash Flow Firm Growth	-57.54%	-91.93%	-99.24%	-90.81%	-88.43%	-61.83%	302.61%	806.58%	496.39%	601.53%	228.35%
Invested Capital Growth	17.14%	22.64%	25.11%	5.47%	3.46%	-18.61%	-51.22%	-56.44%	-53.23%	-38.99%	9.14%
Revenue Q/Q Growth	-9.76%	-1.51%	23.01%	10.53%	-3.12%	4.01%	-2.22%	-13.61%	-24.67%	-21.10%	-5.24%
EBITDA Q/Q Growth	-11.67%	0.06%	33.17%	2.37%	4.12%	-4.04%	-12.72%	-11.16%	-13.92%	-40.70%	4.28%
EBIT Q/Q Growth	-12.06%	0.26%	35.03%	2.62%	7.62%	-7.03%	-13.55%	-11.86%	-14.65%	-41.82%	4.22%
NOPAT Q/Q Growth	-13.35%	2.28%	33.49%	5.92%	7.02%	-7.87%	-12.91%	-11.91%	-5.91%	-45.95%	7.34%
Net Income Q/Q Growth	-13.57%	2.71%	31.27%	2.79%	7.07%	-6.85%	-12.74%	-13.37%	5.24%	-48.15%	8.36%
EPS Q/Q Growth	-12.50%	3.07%	31.45%	5.98%	6.36%	-5.17%	-10.77%	-10.34%	3.57%	-44.88%	11.89%
Operating Cash Flow Q/Q Growth	37.20%	177.55%	-29.03%	-50.66%	62.24%	-16.65%	19.90%	-71.00%	12.27%	-27.40%	20.00%
Free Cash Flow Firm Q/Q Growth	95.82%	252.26%	-93.32%	-7.83%	-62.79%	-67.02%	-18.71%	15.99%	22.76%	247.80%	242.67%
Invested Capital Q/Q Growth	-10.07%	1.08%	17.59%	9.59%	-5.84%	3.11%	-0.87%	7.50%	-25.92%	-38.20%	-11.47%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	16.19%	15.63%	15.19%	15.30%	16.32%	15.57%	17.14%	17.50%	16.34%	14.71%	15.33%
EBITDA Margin	10.55%	10.78%	10.61%	9.80%	10.58%	9.70%	10.52%	11.78%	11.46%	9.35%	12.44%
Operating Margin	9.97%	10.19%	10.05%	9.18%	9.73%	8.75%	9.87%	11.09%	10.64%	9.58%	12.08%
EBIT Margin	10.00%	10.26%	10.08%	9.18%	9.89%	8.77%	9.81%	11.09%	10.87%	8.92%	12.09%
Profit (Net Income) Margin	7.65%	7.99%	7.66%	7.18%	7.72%	6.99%	7.80%	8.74%	8.72%	6.24%	9.49%
Tax Burden Percent	73.98%	75.38%	73.60%	74.24%	73.08%	73.55%	73.67%	73.56%	75.19%	66.89%	77.43%
Interest Burden Percent	103.44%	103.30%	103.28%	105.31%	106.82%	108.38%	107.99%	107.16%	106.66%	104.61%	101.40%
Effective Tax Rate	26.02%	24.62%	26.40%	25.76%	26.92%	26.45%	26.33%	26.44%	24.81%	33.11%	22.57%
Return on Invested Capital (ROIC)	90.84%	83.26%	76.54%	70.34%	77.95%	61.17%	58.53%	72.81%	95.68%	76.80%	106.33%
ROIC Less NNEP Spread (ROIC-NNEP)	90.29%	82.57%	75.99%	69.74%	77.22%	60.46%	57.85%	72.01%	94.86%	77.11%	105.99%
Return on Net Nonoperating Assets (RNNOA)	-54.13%	-47.59%	-45.94%	-43.74%	-53.73%	-38.96%	-32.72%	-38.54%	-60.85%	-43.88%	-54.66%
Return on Equity (ROE)	36.71%	35.67%	30.60%	26.61%	24.21%	22.21%	25.82%	34.27%	34.83%	32.92%	51.67%
Cash Return on Invested Capital (CROIC)	74.61%	58.59%	49.82%	65.90%	75.97%	91.63%	128.24%	150.64%	169.56%	143.36%	85.85%
Operating Return on Assets (OROA)	23.93%	23.45%	20.53%	17.90%	17.96%	16.12%	18.35%	23.50%	24.54%	23.07%	33.63%
Return on Assets (ROA)	18.31%	18.26%	15.60%	14.00%	14.02%	12.85%	14.60%	18.53%	19.68%	16.14%	26.40%
Return on Common Equity (ROCE)	36.68%	35.64%	30.57%	26.58%	24.19%	22.19%	25.77%	34.21%	34.78%	32.88%	51.58%
Return on Equity Simple (ROE_SIMPLE)	36.98%	0.00%	31.17%	31.04%	31.71%	0.00%	32.43%	41.11%	39.31%	0.00%	45.94%
Net Operating Profit after Tax (NOPAT)	197	227	222	166	157	147	159	183	207	221	408
NOPAT Margin	7.38%	7.68%	7.40%	6.82%	7.11%	6.44%	7.27%	8.16%	8.00%	6.41%	9.35%
Net Nonoperating Expense Percent (NNEP)	0.55%	0.69%	0.55%	0.60%	0.72%	0.70%	0.69%	0.80%	0.82%	-0.31%	0.34%
Return On Investment Capital (ROIC_SIMPLE)	8.60%	10.20%	-	-	-	6.13%	-	-	-	7.08%	-
Cost of Revenue to Revenue	83.81%	84.37%	84.81%	84.70%	83.68%	84.43%	82.86%	82.50%	83.66%	85.29%	84.67%
SG&A Expenses to Revenue	2.94%	2.56%	2.33%	2.73%	2.82%	2.92%	3.62%	2.83%	2.64%	2.88%	1.55%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	6.22%	5.44%	5.14%	6.12%	6.59%	6.81%	7.27%	6.41%	5.70%	5.12%	3.25%
Earnings before Interest and Taxes (EBIT)	267	303	302	224	218	200	215	248	282	307	527
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	281	318	318	239	233	221	230	264	297	322	543
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	7.26	6.97	7.87	8.10	8.00	7.64	6.73	7.16	5.31	5.19	4.05
Price to Tangible Book Value (P/TBV)	7.29	7.00	7.90	8.13	8.03	7.67	6.75	7.18	5.32	5.21	4.06
Price to Revenue (P/Rev)	1.50	1.46	1.87	1.93	1.97	1.96	1.60	1.45	1.11	0.95	0.74
Price to Earnings (P/E)	19.65	19.14	25.30	26.13	25.24	24.27	20.60	17.32	13.50	11.90	8.87
Dividend Yield	1.21%	1.32%	1.08%	1.14%	1.14%	1.10%	1.20%	1.14%	1.24%	1.32%	1.45%
Earnings Yield	5.09%	5.22%	3.95%	3.83%	3.96%	4.12%	4.86%	5.78%	7.41%	8.41%	11.28%
Enterprise Value to Invested Capital (EV/IC)	15.77	13.33	16.19	18.04	19.58	19.08	17.74	19.31	17.95	13.08	7.08
Enterprise Value to Revenue (EV/Rev)	1.38	1.35	1.74	1.79	1.82	1.80	1.44	1.31	0.96	0.83	0.65
Enterprise Value to EBITDA (EV/EBITDA)	13.21	12.95	16.97	17.61	16.99	16.56	13.30	11.45	8.42	7.56	5.68
Enterprise Value to EBIT (EV/EBIT)	13.94	13.70	18.18	18.99	18.29	17.74	14.06	11.96	8.72	7.80	5.82
Enterprise Value to NOPAT (EV/NOPAT)	18.82	18.60	24.94	26.01	25.09	24.07	19.59	16.27	11.79	10.44	7.82
Enterprise Value to Operating Cash Flow (EV/OCF)	18.89	19.85	27.30	22.35	21.21	15.91	10.94	8.91	6.35	6.63	6.35
Enterprise Value to Free Cash Flow (EV/FCFF)	22.81	25.06	36.11	28.11	26.22	18.68	9.07	7.78	6.75	6.91	8.61
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.12
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.12
Financial Leverage	-0.60	-0.58	-0.60	-0.63	-0.70	-0.64	-0.57	-0.54	-0.64	-0.57	-0.52
Leverage Ratio	2.06	2.01	2.01	1.97	1.84	1.84	1.87	1.96	1.90	2.00	1.98
Compound Leverage Factor	2.13	2.08	2.08	2.08	1.96	1.99	2.02	2.10	2.02	2.09	2.01
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	10.51%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	10.51%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.07%	0.12%	0.10%	0.09%	0.10%	0.04%	0.07%	0.08%	0.10%	0.11%	0.24%
Common Equity to Total Capital	99.93%	99.88%	99.90%	99.91%	99.90%	99.96%	99.93%	99.92%	99.90%	99.89%	89.26%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.19
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.80
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.19
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.26
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-1.10
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.26
Altman Z-Score	7.70	7.24	7.15	7.19	7.91	8.60	8.57	9.76	9.02	8.50	7.17
Noncontrolling Interest Sharing Ratio	0.09%	0.08%	0.09%	0.09%	0.10%	0.08%	0.18%	0.20%	0.13%	0.11%	0.18%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.83	1.77	1.72	1.71	1.85	2.02	2.11	2.21	2.42	2.20	2.06
Quick Ratio	1.62	1.52	1.46	1.44	1.61	1.79	1.86	1.98	2.25	2.02	1.81
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	55	28	7.96	119	129	348	1,054	1,296	1,118	910	262
Operating Cash Flow to CapEx	2,605.09%	2,484.49%	732.02%	1,595.98%	2,523.37%	1,478.00%	2,376.83%	1,511.75%	5,396.13%	2,655.78%	4,208.84%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	556.94
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1,426.35
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1,392.46
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.39	2.29	2.04	1.95	1.82	1.84	1.87	2.12	2.26	2.59	2.78
Accounts Receivable Turnover	6.36	6.01	5.46	5.58	5.61	5.11	4.97	5.16	5.42	5.77	6.26
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	23.95	22.83	20.90	19.07	18.37	18.96	21.76	25.53	29.86	34.49	39.13
Accounts Payable Turnover	9.46	9.43	8.03	8.10	7.91	7.87	7.33	7.80	8.70	9.38	9.75
Days Sales Outstanding (DSO)	57.36	60.78	66.87	65.43	65.04	71.43	73.38	70.68	67.40	63.27	58.31
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	38.59	38.70	45.44	45.06	46.12	46.36	49.78	46.81	41.97	38.93	37.45
Cash Conversion Cycle (CCC)	18.77	22.08	21.42	20.37	18.92	25.07	23.60	23.87	25.43	24.34	20.86
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	969	1,077	1,066	907	827	879	852	860	800	1,079	1,747
Invested Capital Turnover	12.32	10.84	10.35	10.32	10.96	9.50	8.05	8.92	11.96	11.99	11.37
Increase / (Decrease) in Invested Capital	142	199	214	47	28	-201	-895	-1,114	-910	-690	146
Enterprise Value (EV)	15,282	14,360	17,253	16,357	16,200	16,760	15,116	16,593	14,354	14,117	12,372
Market Capitalization	16,598	15,505	18,544	17,627	17,568	18,272	16,754	18,290	16,701	16,147	14,108
Book Value per Share	$16.56	$15.88	$16.70	$15.41	$15.33	$16.44	$16.83	$16.73	$20.38	$19.54	$21.29
Tangible Book Value per Share	$16.50	$15.82	$16.64	$15.35	$15.28	$16.39	$16.78	$16.68	$20.33	$19.49	$21.24
Total Capital	2,288	2,226	2,359	2,178	2,198	2,391	2,491	2,558	3,150	3,114	3,901
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	410
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	410
Net Debt	-1,319	-1,148	-1,293	-1,272	-1,370	-1,513	-1,639	-1,699	-2,351	-2,034	-1,745
Capital Expenditures (CapEx)	13	10	12	7.94	10	11	7.99	10	10	18	16
Debt-free, Cash-free Net Working Capital (DFCFNWC)	332	445	414	264	177	218	205	205	146	430	727
Debt-free Net Working Capital (DFNWC)	1,650	1,593	1,707	1,536	1,547	1,731	1,845	1,903	2,497	2,464	2,881
Net Working Capital (NWC)	1,650	1,593	1,707	1,536	1,547	1,731	1,845	1,903	2,497	2,464	2,881
Net Nonoperating Expense (NNE)	-7.42	-9.18	-8.01	-8.91	-13	-12	-12	-13	-19	5.79	-6.14
Net Nonoperating Obligations (NNO)	-1,319	-1,148	-1,293	-1,272	-1,370	-1,513	-1,639	-1,699	-2,351	-2,034	-1,745
Total Depreciation and Amortization (D&A)	15	15	16	15	15	21	16	16	15	15	15
Debt-free, Cash-free Net Working Capital to Revenue	3.00%	4.20%	4.17%	2.90%	1.98%	2.34%	1.96%	1.62%	0.97%	2.52%	3.82%
Debt-free Net Working Capital to Revenue	14.92%	15.03%	17.20%	16.85%	17.36%	18.61%	17.63%	15.06%	16.65%	14.43%	15.14%
Net Working Capital to Revenue	14.92%	15.03%	17.20%	16.85%	17.36%	18.61%	17.63%	15.06%	16.65%	14.43%	15.14%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.48	$1.70	$1.63	$1.24	$1.18	$1.11	$1.16	$1.31	$1.47	$1.41	$2.56
Adjusted Weighted Average Basic Shares Outstanding	137.83M	140.99M	140.42M	141.01M	143.19M	149.14M	147.10M	150.44M	154.16M	163.01M	162.03M
Adjusted Diluted Earnings per Share	$1.47	$1.68	$1.63	$1.24	$1.17	$1.10	$1.16	$1.30	$1.45	$1.40	$2.54
Adjusted Weighted Average Diluted Shares Outstanding	138.44M	141.72M	141.03M	141.72M	144.13M	150.19M	148.00M	151.56M	155.47M	164.43M	163.25M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	136.95M	138.03M	139.98M	141.13M	141.25M	143.90M	145.39M	147.90M	152.79M	154.40M	159.14M
Normalized Net Operating Profit after Tax (NOPAT)	197	227	222	166	157	147	159	183	207	221	408
Normalized NOPAT Margin	7.38%	7.68%	7.40%	6.82%	7.11%	6.44%	7.27%	8.16%	8.00%	6.41%	9.35%
Pre Tax Income Margin	10.35%	10.60%	10.41%	9.67%	10.57%	9.50%	10.59%	11.88%	11.59%	9.33%	12.26%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1,122.32
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	868.13
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1,088.43
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	834.24
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	24.30%	25.15%	27.70%	30.12%	0.00%	27.02%	25.72%	19.81%	0.00%	15.86%	12.99%
Augmented Payout Ratio	103.78%	130.50%	136.12%	171.42%	221.19%	212.30%	244.09%	203.89%	145.13%	132.12%	94.72%

Frequently Asked Questions About Expeditors International of Washington's Financials

When does Expeditors International of Washington's financial year end?

According to the most recent income statement we have on file, Expeditors International of Washington's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Expeditors International of Washington's net income changed over the last 9 years?

Expeditors International of Washington's net income appears to be on an upward trend, with a most recent value of $811.63 million in 2024, rising from $459.50 million in 2015. The previous period was $751.78 million in 2023. Check out Expeditors International of Washington's forecast to explore projected trends and price targets.

What is Expeditors International of Washington's operating income?

Expeditors International of Washington's total operating income in 2024 was $1.04 billion, based on the following breakdown:

Total Gross Profit: $1.65 billion
Total Operating Expenses: $609.82 million

How has Expeditors International of Washington revenue changed over the last 9 years?

Over the last 9 years, Expeditors International of Washington's total revenue changed from $6.62 billion in 2015 to $10.60 billion in 2024, a change of 60.2%.

How much debt does Expeditors International of Washington have?

Expeditors International of Washington's total liabilities were at $2.53 billion at the end of 2024, a 18.6% increase from 2023, and a 190.4% increase since 2015.

How much cash does Expeditors International of Washington have?

In the past 9 years, Expeditors International of Washington's cash and equivalents has ranged from $807.80 million in 2015 to $2.03 billion in 2022, and is currently $1.15 billion as of their latest financial filing in 2024.

How has Expeditors International of Washington's book value per share changed over the last 9 years?

Over the last 9 years, Expeditors International of Washington's book value per share changed from 9.08 in 2015 to 15.88 in 2024, a change of 75.0%.

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This page (NASDAQ:EXPD) was last updated on 5/25/2025 by MarketBeat.com Staff

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Expeditors International of Washington (EXPD) Financials

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Expeditors International of Washington (EXPD) Financials

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