Expeditors International of Washington, Inc. (EXPD) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the EXPD SEC filings page.
Expeditors International of Washington, Inc. (EXPD) reported $12.0B in revenue over the twelve months to Jun 30, 2026, up 6.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Expeditors is recovering volume, but thinner margins mean cash conversion, not operating leverage, defines its latest earnings profile.
Revenue rose4.4% in FY2025, yet operating margin eased to9.5% ; the rebound is restoring activity without adding profit per revenue dollar. Operating cash flow reached$1.0B while net income stayed near$810M , showing cash conversion was more favorable than the earnings line alone suggests.
Low capital intensity is a central operating feature: FY2025 capital expenditures were
The cash result supports continued shareholder distributions: FY2025 free cash flow was
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Expeditors International of Washington, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Expeditors International of Washington, Inc. has an operating margin of 9.5%, meaning the company retains $10 of operating profit per $100 of revenue. This strong profitability earns a score of 75/100, reflecting efficient cost management and pricing power. This is down from 9.8% the prior year.
Expeditors International of Washington, Inc.'s revenue grew a modest 4.4% year-over-year to $11.1B. This slow but positive growth earns a score of 63/100.
Expeditors International of Washington, Inc. has a moderate D/E ratio of 1.08. This balance of debt and equity financing earns a leverage score of 46/100.
Expeditors International of Washington, Inc.'s current ratio of 1.81 indicates adequate short-term liquidity, earning a score of 53/100. The company can meet its near-term obligations, though with limited headroom.
Expeditors International of Washington, Inc. has a free cash flow margin of 8.6%, earning a moderate score of 60/100. The company generates positive cash flow after capital investments, but with room for improvement.
Expeditors International of Washington, Inc. earns a strong 34.4% return on equity (ROE), meaning it generates $34 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 94/100. This is down from 36.4% the prior year.
Expeditors International of Washington, Inc. scores 10.03, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($25.0B) relative to total liabilities ($2.5B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Expeditors International of Washington, Inc. passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Expeditors International of Washington, Inc. generates $1.24 in operating cash flow ($1.0B OCF vs $810.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Expeditors International of Washington, Inc. generated $3.5B in revenue in Q2 2026. This represents an increase of 32.1% from the same quarter a year earlier. Against the prior quarter it is up 25.8%.
Expeditors International of Washington, Inc.'s EBITDA was $362.3M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 38.5% from the same quarter a year earlier. Against the prior quarter it is up 17.4%.
Expeditors International of Washington, Inc. reported $266.2M in net income in Q2 2026. This represents an increase of 45.0% from the same quarter a year earlier. Against the prior quarter it is up 15.9%.
Expeditors International of Washington, Inc. earned $2.03 per diluted share (EPS) in Q2 2026. This represents an increase of 51.5% from the same quarter a year earlier. Against the prior quarter it is up 18.7%.
Cash & Balance Sheet
Expeditors International of Washington, Inc. generated $166.6M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 2.0% from the same quarter a year earlier. Against the prior quarter it is down 43.8%.
Expeditors International of Washington, Inc. held $1.0B in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Expeditors International of Washington, Inc.'s operating margin was 10.0% in Q2 2026, reflecting core business profitability. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.6 percentage points.
Expeditors International of Washington, Inc.'s net profit margin was 7.6% in Q2 2026, showing the share of revenue converted to profit. This is up 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.7 percentage points.
Expeditors International of Washington, Inc.'s ROE was 12.6% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 4.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.5 percentage points.
Not reported for Q2 2026.
Capital Allocation
Expeditors International of Washington, Inc. spent $354.9M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 53.6% from the same quarter a year earlier. Against the prior quarter it is up 23.4%.
Expeditors International of Washington, Inc. invested $12.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 24.5% from the same quarter a year earlier. Against the prior quarter it is down 4.9%.
Not reported for Q2 2026.
EXPD Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5B+32.1% | $2.8B+4.4% | $2.9B-3.3% | $2.9B-3.5% | $2.7B+8.7% | $2.7B+20.8% | $3.0B+29.7% | $3.0B+37.0% |
| SG&A Expenses | $573.7M+21.7% | $499.6M+9.1% | $496.2M+5.0% | $490.4M+8.9% | $471.3M+10.5% | $457.9M+10.8% | $472.8M+15.4% | $450.3M+9.2% |
| Operating Income | $349.6M+41.1% | $294.8M+10.9% | $250.9M-16.7% | $288.0M-4.5% | $247.7M+10.6% | $265.9M+23.8% | $301.1M+51.0% | $301.5M+39.5% |
| EBITDA | $362.3M+38.5% | $308.7M+10.1% | $265.0M-16.2% | $302.3M-4.7% | $261.6M+9.5% | $280.5M+22.0% | $316.3M+43.3% | $317.3M+37.0% |
| Income Tax | $91.2M+23.2% | $76.4M+6.5% | $61.1M-20.8% | $75.1M-9.0% | $74.0M+21.9% | $71.8M+14.3% | $77.1M+34.8% | $82.5M+35.1% |
| Net Income | $266.2M+45.0% | $229.6M+12.7% | $200.7M-14.9% | $222.3M-3.2% | $183.6M+4.6% | $203.8M+20.5% | $235.9M+48.6% | $229.6M+34.0% |
| EPS (Basic) | $2.03+50.4% | $1.72+16.2% | $1.50-11.2% | $1.65+1.2% | $1.35+8.9% | $1.48+25.4% | $1.69+53.6% | $1.63+40.5% |
| EPS (Diluted) | $2.03+51.5% | $1.71+16.3% | $1.49-11.3% | $1.64+0.6% | $1.34+8.1% | $1.47+25.6% | $1.68+54.1% | $1.63+40.5% |
| Diluted Shares (Avg) | 131M-3.8% | 134M-3.1% | N/A | 135M-4.1% | 137M-3.6% | 138M-3.9% | N/A | 141M-4.7% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense.
EXPD Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.1B+7.3% | $4.8B+0.5% | $4.9B+2.9% | $4.8B-7.6% | $4.8B0.0% | $4.8B+6.0% | $4.8B+5.1% | $5.2B+12.9% |
| Current Assets | $4.0B+9.7% | $3.7B+0.3% | $3.8B+2.6% | $3.7B-10.0% | $3.7B-1.2% | $3.6B+7.9% | $3.7B+6.5% | $4.1B+16.3% |
| Cash & Equivalents | $1.0B-10.8% | $1.3B-0.2% | $1.3B+14.5% | $1.2B-8.0% | $1.2B-9.1% | $1.3B-3.8% | $1.1B-24.1% | $1.3B-21.1% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $2.6B+31.2% | $2.1B+8.0% | $2.0B+1.2% | $2.0B-6.0% | $2.0B+8.7% | $1.9B+21.1% | $2.0B+30.4% | $2.2B+49.2% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $7.9M0.0% | $7.9M0.0% | $7.9M0.0% | $7.9M0.0% | $7.9M0.0% | $7.9M0.0% | $7.9M0.0% | $7.9M0.0% |
| Total Liabilities | $3.0B+16.4% | $2.5B+1.1% | $2.5B+0.3% | $2.5B-11.2% | $2.6B-0.8% | $2.5B+7.8% | $2.5B+18.7% | $2.8B+34.8% |
| Current Liabilities | $2.6B+20.9% | $2.0B+2.6% | $2.1B+0.3% | $2.0B-13.8% | $2.1B-2.1% | $2.0B+9.0% | $2.1B+21.2% | $2.4B+42.5% |
| Non-Current Liabilities | $456.8M-3.8% | $455.9M-5.1% | $465.2M0.0% | $451.4M+3.0% | $474.9M+5.3% | $480.6M+3.0% | $465.0M+8.4% | $438.5M+4.1% |
| Total Equity | $2.1B-3.5% | $2.3B-0.1% | $2.4B+6.0% | $2.3B-3.2% | $2.2B+0.9% | $2.3B+4.1% | $2.2B-7.0% | $2.4B-5.3% |
| Retained Earnings | $2.3B-3.0% | $2.5B-1.0% | $2.5B+3.4% | $2.5B-2.9% | $2.4B-0.2% | $2.5B+4.3% | $2.5B-4.9% | $2.5B-5.9% |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
EXPD Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $178.6M-0.3% | $309.2M-9.7% | $283.3M+13.4% | $201.4M+123.8% | $179.2M+41.4% | $342.6M+33.4% | $249.7M+57.7% | $90.0M-52.6% |
| Depreciation & Amortization | $12.7M-8.3% | $13.9M-5.0% | $14.1M-7.3% | $14.2M-9.7% | $13.8M-7.6% | $14.6M-3.7% | $15.2M-29.0% | $15.8M+1.1% |
| Stock-Based Compensation | $32.2M+18.1% | $12.8M+11.0% | N/A | $18.0M+84.9% | $27.3M+6.1% | $11.5M-6.7% | N/A | $9.8M-38.5% |
| Capital Expenditures | $12.0M-24.5% | $12.6M-4.1% | $13.0M+29.1% | $11.1M-9.7% | $15.9M+99.9% | $13.2M+29.2% | $10.1M-6.2% | $12.3M+53.8% |
| Free Cash Flow | $166.6M+2.0% | $296.6M-10.0% | $270.3M+12.8% | $190.3M+144.9% | $163.3M+37.5% | $329.5M+33.5% | $239.7M+62.3% | $77.7M-57.3% |
| Investing Cash Flow | $9.4M+159.1% | -$12.5M+4.0% | -$5.7M+43.4% | -$10.2M+18.7% | -$15.9M-101.2% | -$13.0M-28.9% | -$10.0M+5.4% | -$12.5M-56.8% |
| Financing Cash Flow | -$474.3M-39.6% | -$289.8M-74.6% | -$147.0M+59.9% | -$149.6M-96.0% | -$339.9M-63.9% | -$166.0M+55.7% | -$366.7M-26.8% | -$76.3M+66.7% |
| Dividends Paid | $105.8M+1.6% | N/A | $103.3M+1.8% | $0 | $104.1M+1.5% | N/A | $101.4M+1.7% | $0 |
| Share Buybacks | $354.9M+53.6% | $287.6M+62.2% | $46.5M-81.5% | $212.3M+51.6% | $231.1M+125.9% | $177.4M-50.8% | $252.2M+30.3% | $140.0M-53.0% |
EXPD Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 10.0%+0.6pp | 10.6%+0.6pp | 8.8%-1.4pp | 10.0%-0.1pp | 9.3%+0.2pp | 10.0%+0.2pp | 10.2%+1.4pp | 10.1%+0.2pp |
| Net Margin | 7.6%+0.7pp | 8.3%+0.6pp | 7.0%-0.9pp | 7.7%0.0pp | 6.9%-0.3pp | 7.6%0.0pp | 8.0%+1.0pp | 7.6%-0.2pp |
| Return on Equity | 12.6%+4.2pp | 10.1%+1.1pp | 8.5%-2.1pp | 9.8%0.0pp | 8.4%+0.3pp | 8.9%+1.2pp | 10.6%+4.0pp | 9.7%+2.9pp |
| Return on Assets | 5.2%+1.3pp | 4.8%+0.5pp | 4.1%-0.9pp | 4.7%+0.2pp | 3.8%+0.2pp | 4.3%+0.5pp | 5.0%+1.4pp | 4.4%+0.7pp |
| Current Ratio | 1.57-0.2x | 1.790.0x | 1.810.0x | 1.79+0.1x | 1.730.0x | 1.830.0x | 1.77-0.2x | 1.72-0.4x |
| Debt-to-Equity | 1.42+0.2x | 1.090.0x | 1.08-0.1x | 1.10-0.1x | 1.180.0x | 1.080.0x | 1.14+0.2x | 1.19+0.4x |
| Asset Turnover | 0.68+0.1x | 0.580.0x | 0.580.0x | 0.610.0x | 0.550.0x | 0.56+0.1x | 0.62+0.1x | 0.58+0.1x |
| FCF Margin | 4.8%-1.4pp | 10.7%-1.7pp | 9.5%+1.4pp | 6.6%+4.0pp | 6.2%+1.3pp | 12.4%+1.2pp | 8.1%+1.6pp | 2.6%-5.7pp |
Not reported in any period shown, so not listed: Gross Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Expeditors International of Washington, Inc. EXPD | FY2025 | $11.1B | $810.3M | 7.3% | $25.0B | 65/100 |
| C.H. Robinson Worldwide, Inc. CHRW | FY2025 | $16.2B | $587.1M | 3.6% | $18.4B | 48/100 |
| ZTO Express (Cayman) Inc. ZTO | FY2025 | $7.0B | $1.3B | 18.5% | $14.6B | 72/100 |
| JB Hunt Transport Services Inc JBHT | FY2025 | $12.0B | $598.3M | 5.0% | $22.0B | 48/100 |
| FedEx Corporation FDX | FY2026 | $94.7B | $4K | 0.0% | $68.7B | 51/100 |
| United Parcel Service, Inc. UPS | FY2025 | $88.7B | $5.6B | 6.3% | $79.1B | 49/100 |
Where Expeditors International of Washington, Inc. Ranks
Frequently Asked Questions
What is Expeditors International of Washington, Inc.'s annual revenue?
Expeditors International of Washington, Inc. (EXPD) reported $11.1B in total revenue for fiscal year 2025. This represents a 4.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Expeditors International of Washington, Inc.'s revenue growing?
Expeditors International of Washington, Inc. (EXPD) revenue grew by 4.4% year-over-year, from $10.6B to $11.1B in fiscal year 2025.
Is Expeditors International of Washington, Inc. profitable?
Yes, Expeditors International of Washington, Inc. (EXPD) reported a net income of $810.3M in fiscal year 2025, with a net profit margin of 7.3%.
What is Expeditors International of Washington, Inc.'s EBITDA?
Expeditors International of Washington, Inc. (EXPD) had EBITDA of $1.1B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Expeditors International of Washington, Inc.'s operating margin?
Expeditors International of Washington, Inc. (EXPD) had an operating margin of 9.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Expeditors International of Washington, Inc.'s net profit margin?
Expeditors International of Washington, Inc. (EXPD) had a net profit margin of 7.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Expeditors International of Washington, Inc. pay dividends?
Yes, Expeditors International of Washington, Inc. (EXPD) paid $1.54 per share in dividends during fiscal year 2025.
What is Expeditors International of Washington, Inc.'s return on equity (ROE)?
Expeditors International of Washington, Inc. (EXPD) has a return on equity of 34.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Expeditors International of Washington, Inc.'s free cash flow?
Expeditors International of Washington, Inc. (EXPD) generated $953.4M in free cash flow during fiscal year 2025. This represents a 39.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Expeditors International of Washington, Inc.'s operating cash flow?
Expeditors International of Washington, Inc. (EXPD) generated $1.0B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Expeditors International of Washington, Inc.'s total assets?
Expeditors International of Washington, Inc. (EXPD) had $4.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Expeditors International of Washington, Inc.'s capital expenditures?
Expeditors International of Washington, Inc. (EXPD) invested $53.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Expeditors International of Washington, Inc.'s current ratio?
Expeditors International of Washington, Inc. (EXPD) had a current ratio of 1.81 as of fiscal year 2025, which is generally considered healthy.
What is Expeditors International of Washington, Inc.'s debt-to-equity ratio?
Expeditors International of Washington, Inc. (EXPD) had a debt-to-equity ratio of 1.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Expeditors International of Washington, Inc.'s return on assets (ROA)?
Expeditors International of Washington, Inc. (EXPD) had a return on assets of 16.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Expeditors International of Washington, Inc.'s P/E ratio?
Expeditors International of Washington, Inc. (EXPD) trades at 27.2x earnings, its market capitalization divided by net income of $918.8M net income, trailing 12 months to June 30, 2026. The market capitalization is $25.0B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Expeditors International of Washington, Inc.'s price-to-sales ratio?
Expeditors International of Washington, Inc. (EXPD) trades at 2.1x sales, its market capitalization divided by revenue of $12.0B revenue, trailing 12 months to June 30, 2026. The market capitalization is $25.0B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Expeditors International of Washington, Inc.'s Altman Z-Score?
Expeditors International of Washington, Inc. (EXPD) has an Altman Z-Score of 10.03, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Expeditors International of Washington, Inc.'s Piotroski F-Score?
Expeditors International of Washington, Inc. (EXPD) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Expeditors International of Washington, Inc.'s earnings high quality?
Expeditors International of Washington, Inc. (EXPD) has an earnings quality ratio of 1.24x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Expeditors International of Washington, Inc.?
Expeditors International of Washington, Inc. (EXPD) scores 65 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.