Expeditors International of Washington (EXPD) Financials

$112.07 -0.52 (-0.46%)

As of 10:52 AM 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	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	457	431	489	618	590	696	1,415	1,357	753	810
Consolidated Net Income / (Loss)	459	433	490	620	592	698	1,419	1,361	752	812
Net Income / (Loss) Continuing Operations	459	433	490	620	592	698	1,419	1,361	752	812
Total Pre-Tax Income	737	687	719	818	796	957	1,925	1,836	1,015	1,095
Total Operating Income	721	670	700	797	767	940	1,909	1,824	940	1,041
Total Gross Profit	1,044	1,006	1,052	1,227	1,214	1,390	2,403	2,438	1,546	1,651
Total Revenue	6,617	6,098	6,921	8,138	7,942	9,584	16,524	17,071	9,300	10,601
Operating Revenue	6,617	6,098	6,921	8,138	7,942	9,584	16,524	17,071	9,300	10,601
Total Cost of Revenue	5,572	5,092	5,869	6,911	6,728	8,195	14,121	14,633	7,755	8,949
Operating Cost of Revenue	5,572	5,092	5,869	6,911	6,728	8,195	14,121	14,633	7,755	8,949
Total Operating Expenses	323	336	352	431	447	449	494	614	606	610
Selling, General & Admin Expense	132	139	138	178	186	204	240	322	278	274
Marketing Expense	42	42	44	45	44	18	16	24	28	33
Depreciation Expense	46	47	49	54	51	57	51	57	68	61
Other Operating Expenses / (Income)	102	109	120	153	166	170	186	210	232	241
Total Other Income / (Expense), net	15	17	18	22	29	16	15	12	75	53
Interest & Investment Income	10	12	13	19	23	10	8.81	26	70	47
Other Income / (Expense), net	4.78	5.11	5.13	2.61	6.30	5.93	6.89	-14	4.64	6.77
Income Tax Expense	277	254	228	199	204	258	506	475	263	283
Net Income / (Loss) Attributable to Noncontrolling Interest	2.27	1.73	1.04	1.59	1.62	2.07	3.35	3.21	-1.10	1.56
Basic Earnings per Share	$2.42	$2.38	$2.73	$3.55	$3.45	$4.14	$8.37	$8.33	$5.05	$5.75
Weighted Average Basic Shares Outstanding	188.94M	181.28M	179.25M	174.13M	170.90M	168.33M	169.15M	163.01M	149.14M	140.99M
Diluted Earnings per Share	$2.40	$2.36	$2.69	$3.48	$3.39	$4.07	$8.27	$8.26	$5.01	$5.72
Weighted Average Diluted Shares Outstanding	190.22M	182.70M	181.67M	177.83M	174.21M	170.90M	171.25M	164.43M	150.19M	141.72M
Weighted Average Basic & Diluted Shares Outstanding	188.90M	181M	179.20M	174.10M	169.76M	169.37M	167.40M	154.40M	143.90M	138.03M
Cash Dividends to Common per Share	$0.72	$0.80	$0.84	$0.90	$1.00	$1.04	$1.16	$1.34	$1.38	$1.46

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

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

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

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

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

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

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

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

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

Frequently Asked Questions About Expeditors International of Washington's Financials

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

According to the most recent income statement we have on file, Expeditors International of Washington's financial year ends in December. Their financial 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. View Expeditors International of Washington's forecast to see where analysts expect Expeditors International of Washington to go next.

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%.

Related Companies

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

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Expeditors International of Washington (EXPD) Financials

Frequently Asked Questions About Expeditors International of Washington's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Expeditors International of Washington (EXPD) Financials

Annual Income Statements for Expeditors International of Washington

Quarterly Income Statements for Expeditors International of Washington

Annual Cash Flow Statements for Expeditors International of Washington

Quarterly Cash Flow Statements for Expeditors International of Washington

Annual Balance Sheets for Expeditors International of Washington

Quarterly Balance Sheets for Expeditors International of Washington

Annual Metrics and Ratios for Expeditors International of Washington

Quarterly Metrics and Ratios for Expeditors International of Washington

Frequently Asked Questions About Expeditors International of Washington's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools