Expeditors International of Washington, Inc. (EXPD) vs Landstar System, Inc. (LSTR)

Expeditors International of Washington, Inc. and Landstar System, Inc. are both Integrated Freight & Logistics companies. Expeditors International of Washington, Inc. is the larger, with a market value of $24.6B against $4.9B — 5.0× the size. Expeditors International of Washington, Inc. trades at the lower P/E: 23.9× against 30.8×. Expeditors International of Washington, Inc. grew revenue faster over the last twelve months: 18.6% against 10.6%. Expeditors International of Washington, Inc. has the higher net margin (7.86% vs 3.03%) and the higher return on invested capital (67.0% vs 23.9%). Both pay a dividend; Landstar System, Inc. yields more (2.50% vs 0.84%). Across the 23 metrics below, Expeditors International of Washington, Inc. leads on 17 and Landstar System, Inc. on 6.

Valuation

Metric EXPD LSTR Integrated Freight & Logistics median
P/E 23.88 30.80 22.50
P/S 1.85 0.93 0.46
P/B 10.46 5.93 1.75
Price to free cash flow 26.42 29.91 18.31
EV/EBITDA 16.78 18.18 9.01
EV/Sales 1.77 0.88 0.88
Earnings yield 4.19% 3.25% (1.15%)
Free cash flow yield 3.78% 3.34% 0.00%

Profitability

Metric EXPD LSTR Integrated Freight & Logistics median
Gross margin 31.66% 22.18% 25.10%
Operating margin 10.12% 4.05% 0.92%
Net margin 7.86% 3.03% (0.14%)
Free cash flow margin 7.00% 3.10% 0.00%
Return on equity 45.01% 18.66% 0.00%
Return on assets 19.71% 9.24% 0.00%
Return on invested capital 66.97% 23.88% 0.00%

Growth

Metric EXPD LSTR Integrated Freight & Logistics median
Revenue growth (TTM) 18.64% 10.59% 9.95%
EPS growth (last fiscal year) 4.02% (39.93%) 5.86%
Revenue growth, 5-year CAGR 2.92% 2.84% 2.84%
Net income growth, 5-year CAGR 3.08% (9.75%) 0.00%

Health

Metric EXPD LSTR Integrated Freight & Logistics median
Debt to equity 0.00 0.10 0.12
Current ratio 1.56 1.79 1.58
Net debt to EBITDA (1.18) (1.90) 0.67

Dividend

Metric EXPD LSTR Integrated Freight & Logistics median
Dividend yield 0.84% 2.50% 1.96%
Payout ratio 0.20 0.77 0.29

Size

Metric EXPD LSTR Integrated Freight & Logistics median
Market cap 24.55b 4.91b 81.31m

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