Saturday 17 October 2026 Export EXPD’s income statement to Excel — free account

Expeditors International of Washington, Inc.

EXPD Industrials Integrated Freight & Logistics

Expeditors International of Washington, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.1 billion, up 4.42% from fiscal 2024. In the quarter to June 2026, revenue grew 32.1%, EPS grew 50.4% and free cash flow grew 2.03%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.

195.91 2.73 −1.37%

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Market cap: $25.8B
P/E: 28.4×
Fwd P/E: 23.6×
Dividend yield: 0.81%
F-score: 8/9
Altman Z: 8.90
Beneish M: −2.65
Dividend safety: 97/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 1.82

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	2	—	—	1	—	—	—	—	—	—	—	—

Insider Ownership 1.36%

Capital & Financial Ratios $m

Market Cap 25,820.00

Revenue 12,036.00

Net Income 921.33

Free Cash Flow 923.86

Net Debt (1,031.45)

Current Ratio 1.57

Debt/Equity 0.00

P/E ratio 28.39

Fwd P/E 23.60

P/S ratio 2.13

P/B ratio 12.10

Past 5Y EPS Growth 7.89%

This Y EPS Growth 33.09%

Next Y EPS Growth 2.94%

Next Y revenue growth 19.35%

Next 5Y EPS Growth 12.58%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 99.93%

10-year low 10-year high

P/S against its own 10 years 99.93%

10-year low 10-year high

P/B against its own 10 years 99.93%

10-year low 10-year high

EV/Sales against its own 10 years 99.93%

10-year low 10-year high

EV/FCF against its own 10 years 92.52%

10-year low 10-year high

Dividends

Payout Ratio 0.23

Annual Dividend Rate 1.58

Annual Dividend Yield 0.81%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.57	0.81
2025	1.54	0.77 0.77
2024	1.46	0.73 0.73
2023	1.38	0.69 0.69
2022	1.34	0.67 0.67
2021	1.16	0.58 0.58
2020	1.04	0.52 0.52
2019	1.00	0.50 0.50
2018	0.90	0.45 0.45
2017	0.84	0.42 0.42
2016	0.80	0.40 0.40

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	1,513	1,148	1,314	1,031
Receivables	1,533	1,998	2,022	2,631
Inventory	—	—	—	—
Other	171	164	136	85
	3,435	3,660	3,756	4,007

	2023	2024	2025	Q'26
Payables	861	1,037	1,123	1,468
ST’ Debt	—	—	—	—
Other	281	442	358	349
	1,704	2,066	2,073	2,559

Compound Annual Growth %

	10y	5y	3y
Sales	5.28%	2.92%	(13.45%)
Cash Flow	5.91%	8.97%	(22.11%)
Earnings	5.89%	3.08%	(15.80%)
Book Value	3.36%	(2.40%)	(8.85%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	2,783	3,502	—	—	—
’25	2,666	2,652	2,895	2,856	11,069
’24	2,207	2,439	3,000	2,955	10,601
’23	2,593	2,240	2,190	2,278	9,300
’22	4,664	4,603	4,362	3,442	17,071
’21	3,199	3,609	4,319	5,396	16,524
’20	1,902	2,411	2,349	2,923	9,584

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	309	179	—	—	—
’25	343	179	201	283	1,007
’24	257	127	90	250	723
’23	546	158	190	158	1,053
’22	414	559	670	487	2,130
’21	356	30	177	305	868
’20	165	187	162	142	655

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	297	167	—	—	—
’25	329	163	190	270	953
’24	247	119	78	240	683
’23	536	148	182	148	1,014
’22	400	520	654	468	2,043
’21	347	24	168	294	832
’20	159	165	152	132	607

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.71	2.03	—	—	—
’25	1.47	1.34	1.64	1.49	5.95
’24	1.17	1.24	1.63	1.68	5.72
’23	1.45	1.30	1.16	1.09	5.01
’22	2.05	2.27	2.54	1.38	8.26
’21	1.67	1.84	2.09	2.66	8.27
’20	0.71	1.09	1.12	1.16	4.07

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	40.41	51.57	59.10	64.56	52.55	88.82	86.08	102.89	109.43	100.47	Analyst estimates 2026–2028 Powerpack
	High	56.37	66.01	78.16	81.15	95.73	137.80	134.96	129.14	131.59	155.04
People
People	Employees	16,000	16,500	17,500	18,000	17,500	19,000	20,000	18,000	18,400	19,800
	Revenue/emp, $m	0.38	0.42	0.47	0.44	0.55	0.87	0.85	0.52	0.58	0.56
Income, $m
Income, $m	Revenue	6,098	6,921	8,138	7,942	9,584	16,524	17,071	9,300	10,601	11,069
	Gross margin, %	35.49	33.51	32.20	33.19	30.55	27.02	26.33	34.90	32.20	33.13
	EBT	687	719	818	796	957	1,925	1,836	1,015	1,095	1,094
	EBT margin, %	11.26	10.38	10.06	10.02	9.98	11.65	10.75	10.91	10.33	9.88
	Net income	433	490	620	592	698	1,419	1,361	752	812	812
	Depreciation	47	49	54	51	57	51	57	68	61	57
Per share, $
Per share, $	Revenue	33.64	38.61	46.74	46.47	56.94	97.69	104.73	62.36	75.19	81.50
	Earnings	2.38	2.73	3.55	3.39	4.14	8.37	8.33	5.05	5.75	5.97
	Cash flow	2.92	2.73	3.29	4.52	3.89	5.13	13.06	7.06	5.13	7.41
	Capex	(0.33)	(0.06)	(0.27)	(0.28)	(0.28)	(0.21)	(0.53)	(0.26)	(0.29)	(0.39)
	Free cash flow	2.59	2.67	3.02	4.24	3.61	4.92	12.53	6.80	4.84	7.02
	Book value	10.19	11.13	11.42	12.86	15.82	20.68	19.10	16.03	15.79	17.36
	Shares, m	181	179	174	171	168	169	163	149	141	136
Valuation, ×
Valuation, ×	P/E	22.41	23.89	19.18	22.68	22.97	16.03	12.63	25.26	19.30	24.92
	P/S	1.58	1.68	1.46	1.68	1.67	1.37	1.00	2.04	1.47	1.83
	P/B	5.21	5.84	5.97	6.07	6.01	6.49	5.50	7.93	7.02	8.58
	EV/Sales	1.42	1.53	1.34	1.52	1.51	1.27	0.88	1.88	1.37	1.71
	EV/FCF	18.39	22.17	20.81	16.70	23.84	25.22	7.38	17.20	21.19	19.85
Cash, $m
Cash, $m	Operating cash flow	529	489	573	772	655	868	2,130	1,053	723	1,007
	Capex	(59)	(11)	(47)	(47)	(48)	(36)	(87)	(39)	(40)	(53)
	Free cash flow	470	478	525	725	607	832	2,043	1,014	683	953
Balance, $m
Balance, $m	Working capital	1,289	1,448	1,408	1,602	2,071	2,909	2,464	1,731	1,593	1,683
	Total debt	—	—	—	391	438	468	519	—	—	—
	Net debt	(974)	(1,051)	(924)	(1,230)	(1,528)	(1,729)	(2,034)	(1,513)	(1,148)	(1,314)
	Shareholders’ equity	1,847	1,994	1,988	2,197	2,663	3,498	3,114	2,391	2,226	2,358
Returns, %
Returns, %	ROA	16.09	16.57	19.22	16.85	16.15	22.58	20.57	14.89	17.46	16.80
	ROIC	47.99	46.40	46.79	49.57	51.77	67.45	105.64	66.87	60.40	63.02
	ROE	24.33	25.48	31.05	28.22	28.65	45.95	41.06	27.35	35.09	35.36

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 30 Sep 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
UPS United Parcel Service, Inc.	$83.2B	18.1×	15.3×	+7.60% (above 0%: growing)	−52.98% (below 0%: shrinking)	+137.65% (above 0%: growing)	75.16%	4.07%	Compare
FDX FedEx Corporation	$70.0B	15.8×	15.5×	+12.54% (above 0%: growing)	−4.07% (below 0%: shrinking)	+62.20% (above 0%: growing)	69.62%	6.20%	Compare
EXPD Expeditors International of Washington, Inc.	$25.8B	28.4×	23.6×	+32.07% (above 0%: growing)	+50.37% (above 0%: growing)	+2.03% (above 0%: growing)	30.99%	9.98%
JBHT J.B. Hunt Transport Services, Inc.	$22.1B	32.4×	38.8×	+19.37% (above 0%: growing)	+45.80% (above 0%: growing)	+29.82% (above 0%: growing)	41.31%	7.42%	Compare
CHRW C.H. Robinson Worldwide, Inc.	$16.1B	26.3×	30.2×	+19.28% (above 0%: growing)	+24.41% (above 0%: growing)	−91.47% (below 0%: shrinking)	14.96%	5.18%	Compare
ZTO ZTO Express (Cayman) Inc.	$11.0B	10.6×	11.3×	+29.83% (above 0%: growing)	+73.53% (above 0%: growing)	+121.35% (above 0%: growing)	25.66%	22.19%	Compare
LSTR Landstar System, Inc.	$5.9B	44.5×	38.6×	+18.09% (above 0%: growing)	+20.00% (above 0%: growing)	−950.32% (below 0%: shrinking)	21.71%	4.62%	Compare
GXO GXO Logistics, Inc.	$5.3B	41.0×	26.3×	+4.30% (above 0%: growing)	−4.35% (below 0%: shrinking)	+127.91% (above 0%: growing)	14.76%	2.24%	Compare
PBI Pitney Bowes Inc.	$2.4B	13.6×	11.1×	−2.25% (below 0%: shrinking)	+117.65% (above 0%: growing)	+37.11% (above 0%: growing)	53.66%	23.66%	Compare
Median of peers	$13.5B	22.2×	20.9×	+15.32%	+22.21%	+49.66%	33.49%	5.69%

All 31 Integrated Freight & Logistics stocks →

Expeditors International of Washington, Inc. (EXPD) key facts

Strength: Expeditors International of Washington, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.1 billion, up 4.42% from fiscal 2024.
Expeditors International of Washington, Inc. (EXPD) is an Integrated Freight & Logistics company in the Industrials sector, listed on the New York Stock Exchange.
Net income was $812.0 million, or $5.97 per share (basic), a net margin of 7.32%.
As of October 16, 2026, EXPD traded at $195.91, a market capitalization of $25.8 billion.
At that price the stock trades at 28.4× trailing-twelve-month earnings and 2.1× sales; its P/E is higher than 100% of its own readings over the past ten years.
Expeditors International of Washington, Inc. pays an annual dividend of $1.58 per share, a yield of 0.81%, with a payout ratio of 23.0%.
Return on equity was 35.4% and debt-to-equity 0.00.
Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 8.90 (safe zone) for fiscal 2025.