Expeditors International of Washington, Inc. (EXPD) vs Pitney Bowes Inc. (PBI)

Expeditors International of Washington, Inc. and Pitney Bowes Inc. are both Integrated Freight & Logistics companies. Expeditors International of Washington, Inc. is the larger, with a market value of $25.3B against $2.2B — 11.3× the size. Pitney Bowes Inc. trades at the lower P/E: 13.1× against 27.2×. Expeditors International of Washington, Inc. grew revenue faster over the last twelve months: 6.77% against −5.31%. Pitney Bowes Inc. has the higher net margin (10.0% vs 7.63%) and the lower return on invested capital (27.8% vs 67.9%). Both pay a dividend; Pitney Bowes Inc. yields more (6.38% vs 1.25%). Across the 22 metrics below, Pitney Bowes Inc. leads on 13 and Expeditors International of Washington, Inc. on 9.

Valuation

Metric EXPD PBI Integrated Freight & Logistics median
P/E 27.17 13.10 21.28
P/S 2.04 1.20 0.71
P/B 11.57 n/m 1.67
Price to free cash flow 26.57 5.39 15.27
EV/EBITDA 18.99 7.87 8.95
EV/Sales 1.95 2.14 1.06
Earnings yield 3.68% 7.63% (1.34%)
Free cash flow yield 3.76% 18.55% 0.00%

Profitability

Metric EXPD PBI Integrated Freight & Logistics median
Gross margin 32.70% 54.08% 26.33%
Operating margin 9.83% 21.22% 0.92%
Net margin 7.63% 10.04% (0.14%)
Free cash flow margin 7.68% 22.25% 0.00%
Return on equity 42.55% (26.76%) 0.00%
Return on assets 18.52% 5.99% 0.00%
Return on invested capital 67.88% 27.75% 0.00%

Growth

Metric EXPD PBI Integrated Freight & Logistics median
Revenue growth (TTM) 6.77% (5.31%) 6.03%
EPS growth (last fiscal year) 4.02% 175.00% —
Revenue growth, 5-year CAGR 2.92% (11.84%) 2.88%
Net income growth, 5-year CAGR 3.08% 0.00% 0.00%

Health

Metric EXPD PBI Integrated Freight & Logistics median
Debt to equity 0.00 (2.36) 0.12
Current ratio 1.57 0.73 1.57
Net debt to EBITDA (1.18) 3.79 0.86

Dividend

Metric EXPD PBI Integrated Freight & Logistics median
Dividend yield 1.25% 6.38% 2.25%
Payout ratio 0.20 1.11 0.13

Size

Metric EXPD PBI Integrated Freight & Logistics median
Market cap 25.26b 2.24b 56.42m

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