EXPD
Expeditors International of Washington, Inc.
NYSE: EXPD · INDUSTRIALS · INTEGRATED FREIGHT & LOGISTICS
$148.79
+0.96% today
Updated 2026-04-29
Market cap
$19.79B
P/E ratio
25.01
P/S ratio
1.79x
EPS (TTM)
$5.95
Dividend yield
1.04%
52W range
$105 – $167
Volume
1.3M
Expeditors International of Washington, Inc. (EXPD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.63B | $5.24B | $5.63B | $4.09B | $5.97B | $6.16B | $5.99B | $6.08B | $6.56B | $6.62B | $6.10B | $6.92B | $8.14B | $7.94B | $9.58B | $16.52B | $17.07B | $9.30B | $10.60B | $11.07B |
| Revenue growth (YoY) | — | +13.0% | +7.6% | -27.4% | +45.8% | +3.3% | -2.7% | +1.5% | +8.0% | +0.8% | -7.8% | +13.5% | +17.6% | -2.4% | +20.7% | +72.4% | +3.3% | -45.5% | +14.0% | +4.4% |
| Cost of revenue | $3.28B | $3.71B | $4.03B | $2.71B | $5.28B | $5.38B | $5.29B | $5.38B | $5.80B | $5.72B | $5.25B | $6.04B | $7.12B | $6.95B | $8.42B | $14.36B | $14.90B | $8.05B | $9.25B | $9.37B |
| Gross profit | $1.35B | $1.52B | $1.60B | $1.38B | $684.54M | $782.60M | $701.80M | $703.74M | $764.00M | $895.78M | $850.79M | $883.03M | $1.02B | $997.02M | $1.16B | $2.17B | $2.17B | $1.25B | $1.35B | $1.69B |
| Gross margin | 29.2% | 29.0% | 28.5% | 33.8% | 11.5% | 12.7% | 11.7% | 11.6% | 11.6% | 13.5% | 14.0% | 12.8% | 12.5% | 12.6% | 12.1% | 13.1% | 12.7% | 13.4% | 12.7% | 15.3% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $701.82M | $791.88M | $940.83M | $848.54M | $971.34M | $1.08B | $1.25B | $1.28B | $1.34B | $1.29B | $41.76M | $44.29M | $45.35M | $1.82B | $1.93B | $16.03M | $24.29M | $509.99M | $33.33M | $40.10M |
| Operating income | $375.12M | $423.40M | $473.14M | $385.00M | $547.23M | $618.33M | $530.80M | $552.07M | $594.65M | $721.48M | $670.16M | $700.26M | $796.56M | $766.69M | $940.44M | $1.91B | $1.82B | $939.93M | $1.04B | $1.05B |
| Operating margin | 8.1% | 8.1% | 8.4% | 9.4% | 9.2% | 10.0% | 8.9% | 9.1% | 9.1% | 10.9% | 11.0% | 10.1% | 9.8% | 9.7% | 9.8% | 11.6% | 10.7% | 10.1% | 9.8% | 9.5% |
| EBITDA | $432.68M | $490.50M | $541.38M | $444.93M | $601.54M | $655.10M | $570.74M | $600.14M | $643.94M | $767.50M | $716.96M | $749.57M | $850.58M | $817.64M | $1.01B | $1.98B | $1.88B | $1.01B | $1.10B | $1.15B |
| EBITDA margin | 9.3% | 9.4% | 9.6% | 10.9% | 10.1% | 10.6% | 9.5% | 9.9% | 9.8% | 11.6% | 11.8% | 10.8% | 10.5% | 10.3% | 10.6% | 12.0% | 11.0% | 10.8% | 10.4% | 10.4% |
| EBIT | $395.86M | $449.72M | $499.75M | $403.37M | $564.64M | $618.33M | $530.80M | $552.07M | $594.65M | $721.48M | $670.16M | $700.26M | $796.56M | $766.69M | $956.78M | $1.93B | $1.82B | $939.93M | $1.04B | $1.09B |
| Interest expense | $198000.00 | $45000.00 | $183000.00 | $499000.00 | $576000.00 | $970000.00 | $1.25M | $11.81M | $10.77M | $10.42M | $11.58M | $13.20M | $19.15M | $27.48M | $219000.00 | $411000.00 | $23.28M | $4.80M | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $235.09M | $269.15M | $301.01M | $240.22M | $344.17M | $385.68M | $333.36M | $348.53M | $376.89M | $457.22M | $430.81M | $489.35M | $618.20M | $590.39M | $696.14M | $1.42B | $1.36B | $752.88M | $810.07M | $813.76M |
| Net income growth (YoY) | — | +14.5% | +11.8% | -20.2% | +43.3% | +12.1% | -13.6% | +4.5% | +8.1% | +21.3% | -5.8% | +13.6% | +26.3% | -4.5% | +17.9% | +103.3% | -4.1% | -44.5% | +7.6% | +0.5% |
| Profit margin | 5.1% | 5.1% | 5.3% | 5.9% | 5.8% | 6.3% | 5.6% | 5.7% | 5.7% | 6.9% | 7.1% | 7.1% | 7.6% | 7.4% | 7.3% | 8.6% | 8.0% | 8.1% | 7.6% | 7.4% |