Expeditors International of Washington, Inc. (EXPD) vs FedEx Corporation (FDX)

Expeditors International of Washington, Inc. and FedEx Corporation are both Integrated Freight & Logistics companies. FedEx Corporation is the larger, with a market value of $67.6B against $25.3B — 2.7× the size. FedEx Corporation trades at the lower P/E: 15.3× against 27.2×. FedEx Corporation grew revenue faster over the last twelve months: 7.73% against 6.77%. Expeditors International of Washington, Inc. has the higher net margin (7.63% vs 4.68%) and the higher return on invested capital (67.9% vs 7.75%). Both pay a dividend; FedEx Corporation yields more (2.08% vs 1.25%). Across the 23 metrics below, FedEx Corporation leads on 13 and Expeditors International of Washington, Inc. on 10.

Valuation

Metric EXPD FDX Integrated Freight & Logistics median
P/E 27.17 15.34 21.28
P/S 2.04 0.71 0.71
P/B 11.57 2.13 1.67
Price to free cash flow 26.57 8.94 15.27
EV/EBITDA 18.99 6.54 8.95
EV/Sales 1.95 0.84 1.06
Earnings yield 3.68% 6.52% (1.34%)
Free cash flow yield 3.76% 11.19% 0.00%

Profitability

Metric EXPD FDX Integrated Freight & Logistics median
Gross margin 32.70% 70.79% 26.33%
Operating margin 9.83% 5.77% 0.92%
Net margin 7.63% 4.68% (0.14%)
Free cash flow margin 7.68% 7.97% 0.00%
Return on equity 42.55% 14.85% 0.00%
Return on assets 18.52% 10.12% 0.00%
Return on invested capital 67.88% 7.75% 0.00%

Growth

Metric EXPD FDX Integrated Freight & Logistics median
Revenue growth (TTM) 6.77% 7.73% 6.03%
EPS growth (last fiscal year) 4.02% 10.15% —
Revenue growth, 5-year CAGR 2.92% 2.44% 2.88%
Net income growth, 5-year CAGR 3.08% (3.26%) 0.00%

Health

Metric EXPD FDX Integrated Freight & Logistics median
Debt to equity 0.00 0.81 0.12
Current ratio 1.57 1.48 1.57
Net debt to EBITDA (1.18) 1.26 0.86

Dividend

Metric EXPD FDX Integrated Freight & Logistics median
Dividend yield 1.25% 2.08% 2.25%
Payout ratio 0.20 0.29 0.13

Size

Metric EXPD FDX Integrated Freight & Logistics median
Market cap 25.26b 67.57b 56.42m

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