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Expeditors International of Washington Inc Stock Research

EXPD

107.35USD+1.66(+1.57%)Market Closed

Market Summary

USD107.35+1.66
Market Closed
1.57%

EXPD Alerts

EXPD Stock Price

EXPD RSI Chart

EXPD Valuation

Market Cap

16.6B

Price/Earnings (Trailing)

12.2

Price/Sales (Trailing)

0.97

EV/EBITDA

7.68

Price/Free Cashflow

7.78

EXPD Price/Sales (Trailing)

EXPD Profitability

EBT Margin

10.75%

Return on Equity

43.6%

Return on Assets

24.28%

Free Cashflow Yield

12.86%

EXPD Fundamentals

EXPD Revenue

Revenue (TTM)

17.1B

Revenue Y/Y

-36.22%

Revenue Q/Q

-21.1%

EXPD Earnings

Earnings (TTM)

1.4B

Earnings Y/Y

-51.58%

Earnings Q/Q

-47.06%

Price Action

52 Week Range

86.08119.90
(Low)(High)

Last 7 days

-4.7%

Last 30 days

-6.3%

Last 90 days

-3.3%

Trailing 12 Months

6.9%

EXPD Financial Health

Current Ratio

2.2

EXPD Investor Care

Dividend Yield

1.29%

Dividend/Share (TTM)

1.16

Buy Backs (1Y)

7.71%

Diluted EPS (TTM)

8.26

Peers (Alternatives to Expeditors International of Washington)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
53.1B
94.1B
-7.73% -9.22%
15.93
0.56
5.07% -32.20%
24.5B
50.6B
-13.91% -4.68%
298.7
0.53
69.18% 370.71%
18.1B
23.8B
-15.23% -29.32%
18.91
0.76
50.82% -2.15%
16.6B
17.1B
-6.34% 6.88%
12.2
0.97
3.32% -4.10%
11.4B
24.7B
-6.04% -0.45%
12.15
0.46
6.90% 11.40%
MID-CAP
3.8B
7.7B
-9.52% -53.52%
5.74
0.5
7.16% 95.31%
2.9B
4.5B
0.24% 21.66%
8.22
0.64
12.86% -27.86%
2.8B
2.0B
1.46% 3.83%
14.51
1.42
18.71% 82.50%
2.3B
9.2B
-18.97% -49.38%
-6.41
0.25
51.67% -98.90%
SMALL-CAP
1.9B
5.1B
-12.90% -19.64%
-3.36
0.37
56.88% -17.26%
1.5B
2.0B
-17.79% -34.57%
7.55
0.73
17.94% -14.19%
299.2M
727.6M
-5.60% -14.85%
7.3
0.22
-19.14% 92.40%
59.3M
224.4M
-8.70% 0.43%
-23.56
0.26
30.18% -139.59%
2.8M
5.3B
-14.06% 5.83%
0.01
5e-4
26.18% 108.16%

Financials for Expeditors International of Washington

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-10.3%17,07119,02618,98317,98916,524
  S&GA Expenses11.8%24.0022.0020.0017.0016.00
Costs and Expenses-9.8%15,24716,90816,90216,00314,614
EBITDA-13.8%1,8932,1962,1522,057-
EBITDA Margin-3.9%0.11*0.12*0.11*0.11*-
Earnings Before Taxes-14.2%1,8362,1412,0992,0051,925
EBT Margin-4.4%0.11*0.11*0.11*0.11*-
Net Income-14.7%1,3571,5911,5361,4741,415
Net Income Margin-4.9%0.08*0.08*0.08*0.08*-
Free Cahsflow9.3%2,1301,9481,455927-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-15.4%5,5906,6087,3617,9567,610
  Current Assets-19.1%4,5185,5886,3306,9636,635
    Cash Equivalents-5.6%2,0342,1551,9772,1401,729
  Net PPE4.4%502481495504488
  Goodwill0%8.008.008.008.008.00
  Current Liabilities-24.1%2,0542,7063,4113,7223,726
Shareholder's Equity-10.6%3,1143,4823,5353,8493,494
  Retained Earnings-11.4%3,3113,7393,7173,9663,620
  Additional Paid-In Capital17.8%0.000.000.0013.003.00
Accumulated Depreciation3.5%568549554553542
Shares Outstanding-3.0%154159163167167
Minority Interest-61.9%4.009.0010.006.004.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations9.3%2,1301,9481,455927868
  Share Based Compensation1.6%64.0063.0064.0070.0069.00
Cashflow From Investing-8.4%-87.71-80.93-74.44-42.55-36.65
Cashflow From Financing-18.0%-1,684-1,427-1,012-528-613
  Dividend Payments-22.6%214276276196-
  Buy Backs21.0%1,5821,308915429515

Risks for EXPD

What is the probability of a big loss on EXPD?

41.5%


Probability that Expeditors International of Washington stock will be more than 20% underwater in next one year

7.3%


Probability that Expeditors International of Washington stock will be more than 30% underwater in next one year.

0%


Probability that Expeditors International of Washington stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does EXPD drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Expeditors International of Washington was unfortunately bought at previous high price.

Drawdowns

Returns for EXPD

Cumulative Returns on EXPD

12.1%


10-Year Cumulative Returns

13.3%


7-Year Cumulative Returns

11.7%


5-Year Cumulative Returns

18.6%


3-Year Cumulative Returns

What are the long-term rolling returns for EXPD?

FIve years rolling returns for Expeditors International of Washington.

Annualized Returns

Which funds bought or sold EXPD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-7.47
18,377
243,377
0.01%
2023-03-13
Claro Advisors LLC
added
32.72
118,665
404,665
0.13%
2023-03-10
BAILLIE GIFFORD & CO
unchanged
-
2,119
11,119
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
119
13,452,000
21,950,000
0.02%
2023-03-07
Investure, LLC
unchanged
-
404,252
2,691,220
0.53%
2023-03-06
Rockefeller Capital Management L.P.
added
2.04
220,000
1,325,000
0.01%
2023-02-28
Voya Investment Management LLC
reduced
-1.13
1,085,330
7,723,330
0.01%
2023-02-24
National Pension Service
reduced
-2.14
3,104,880
28,115,800
0.06%
2023-02-24
NATIXIS
reduced
-94.42
-931,634
65,366
-%
2023-02-24
SRS Capital Advisors, Inc.
new
-
416
416
-%

1–10 of 49

Latest Funds Activity

Are funds buying EXPD calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own EXPD
No. of Funds

Expeditors International of Washington News

MarketBeat

Wedmont Private Capital Buys Shares of 1995 Expeditors ....

MarketBeat,
4 minutes ago

Kiplinger's Personal Finance

5 Stocks to Sell or Avoid Now.

Kiplinger's Personal Finance,
11 days ago

Yahoo Finance

Zacks Investment Research

Investopedia

Schedule 13G FIlings of Expeditors International of Washington

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
loomis sayles & co l p
4.25%
6,767,693
SC 13G/A
Feb 09, 2023
vanguard group inc
11.97%
19,052,121
SC 13G/A
Feb 08, 2023
state street corp
5.72%
9,110,000
SC 13G/A
Jan 26, 2023
blackrock inc.
13.0%
20,658,607
SC 13G/A
Jan 20, 2023
blackrock inc.
13.0%
20,658,607
SC 13G/A
Feb 14, 2022
loomis sayles & co l p
6.00%
10,165,441
SC 13G/A
Feb 11, 2022
state street corp
5.49%
9,300,226
SC 13G/A
Feb 10, 2022
vanguard group inc
11.50%
19,485,313
SC 13G/A
Jan 27, 2022
blackrock inc.
13.5%
22,923,231
SC 13G/A
Jan 25, 2022
blackrock inc.
13.5%
22,923,231
SC 13G/A

EXPD Fair Value

Expeditors International of Washington fair value in different scenarios

The table shows the Fair Value estimates for Expeditors International of Washington for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

172.87

61.03%

227.01

111.47%

326.29

203.95%

636.77

493.17%

859.53

700.68%
Current Inflation

157.06

46.31%

202.99

89.09%

286.06

166.47%

547.69

410.19%

732.96

582.78%
Very High Inflation

137.73

28.30%

174.23

62.30%

239.06

122.69%

445.55

315.04%

589.16

448.82%

Historical Expeditors International of Washington Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Expeditors International of Washington

View All Filings
Date Filed Form Type Document
Mar 09, 2023
4
Insider Trading
Mar 08, 2023
144
Notice of Insider Sale Intent
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading
Mar 06, 2023
4
Insider Trading

Latest Insider Trading transactions for EXPD

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-08
Musser Jeffrey S
acquired
353,200
35.32
10,000
president and ceo
2023-03-08
Musser Jeffrey S
sold
-1,097,590
109
-10,000
president and ceo
2023-03-02
Wall Daniel R
acquired
-
-
13,808
president, global services
2023-03-02
Dickerman Jeffrey F
sold (taxes)
-254,071
105
-2,411
senior vp/gen counsel/corp sec
2023-03-02
Clark Benjamin G.
acquired
-
-
6,125
svp - chief strategy officer
2023-03-02
Dickerman Jeffrey F
acquired
-
-
6,125
senior vp/gen counsel/corp sec
2023-03-02
Rostan Richard H
acquired
-
-
12,224
president - global geographies
2023-03-02
Rostan Richard H
sold (taxes)
-506,983
105
-4,811
president - global geographies
2023-03-02
Bell Blake R
sold (taxes)
-203,067
105
-1,927
president, global products
2023-03-02
Wall Daniel R
sold (taxes)
-572,635
105
-5,434
president, global services

1–10 of 50

Jeffrey S. Musser
19100
Expeditors International of Washington, Inc. provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, including ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other supply chain solutions. It also provides optimization, trade compliance, consulting, cargo security, and solutions. In addition, it acts as a freight consolidator or as an agent for the airline, which carries the shipment. Further, the company provides ancillary services that include preparation of shipping and customs documentation, packing, crating, insurance services, negotiation of letters of credit, and the preparation of documentation to comply with local export laws. Its customers include retailing and wholesaling, electronics, technology, and industrial and manufacturing companies. Expeditors International of Washington, Inc. was incorporated in 1979 and is headquartered in Seattle, Washington.

EXPD Income Statement

2022-12-31
Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:   
Revenue from Contract with Customer, Excluding Assessed Tax$ 17,071,284$ 16,523,517$ 9,584,393
Operating Expenses:   
Directly related cost of transportation and other expenses[1]12,576,89712,058,1556,656,702
Salaries and related costs2,056,3872,062,3511,538,104
Rent and occupancy costs209,532186,287169,863
Depreciation and amortization57,33851,31256,959
Selling and promotion24,29316,02618,436
Other322,466240,060203,892
Total operating expenses15,246,91314,614,1918,643,956
Operating income1,824,3711,909,326940,437
Other Income (Expense):   
Interest income25,5548,80710,415
Interest expense(23,277)(411)(219)
Other, net9,2436,8945,931
Other income, net11,52015,29016,127
Earnings before income taxes1,835,8911,924,616956,564
Income tax expense475,286505,771258,350
Net earnings1,360,6051,418,845698,214
Less net earnings attributable to the noncontrolling interest3,2063,3532,074
Net earnings attributable to shareholders$ 1,357,399$ 1,415,492$ 696,140
Diluted earnings attributable to shareholders per share$ 8.26$ 8.27$ 4.07
Basic earnings attributable to shareholders per share$ 8.33$ 8.37$ 4.14
Weighted average diluted shares outstanding164,427171,250170,896
Weighted average basic shares outstanding163,010169,145168,333
Airfreight services   
Revenues:   
Revenue from Contract with Customer, Excluding Assessed Tax$ 5,886,886$ 6,771,402$ 4,274,026
Operating Expenses:   
Directly related cost of transportation and other expenses4,359,7265,067,3803,168,808
Ocean freight and ocean services   
Revenues:   
Revenue from Contract with Customer, Excluding Assessed Tax6,544,5595,545,8182,342,344
Operating Expenses:   
Directly related cost of transportation and other expenses5,188,0664,364,1601,751,850
Customs brokerage and other services   
Revenues:   
Revenue from Contract with Customer, Excluding Assessed Tax4,639,8394,206,2972,968,023
Operating Expenses:   
Directly related cost of transportation and other expenses$ 3,029,105$ 2,626,615$ 1,736,044
[1]Directly related cost of transportation and other expenses totals operating expenses from airfreight services, ocean freight and ocean services and customs brokerage and other services as shown in the consolidated statements of earnings.

EXPD Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets:  
Cash and cash equivalents$ 2,034,131$ 1,728,692
Accounts receivable, net2,107,6453,810,286
Deferred contract costs257,545987,266
Other118,696108,801
Total current assets4,518,0176,635,045
Property and equipment, net501,916487,870
Operating lease right-of-use assets507,503459,158
Goodwill7,9277,927
Deferred federal and state income taxes, net37,449729
Other assets, net17,62219,200
Total assets5,590,4347,609,929
Current Liabilities:  
Accounts payable1,108,9962,012,461
Accrued expenses, primarily salaries and related costs479,262403,625
Contract liabilities323,1011,142,026
Current portion of operating lease liabilities95,62182,019
Federal, state and foreign income taxes47,07586,166
Total current liabilities2,054,0553,726,297
Noncurrent portion of operating lease liabilities422,844385,641
Commitments and contingencies
Shareholders’ Equity:  
Preferred stock, par value $0.01 per share, authorized 2,000 shares; none issued00
Common stock, par value $0.01 per share, authorized 640,000. Issued and outstanding: 154,313 shares and 167,210 shares at December 31, 2022 and 2021, respectively1,5431,672
Additional paid-in capital1393,160
Retained earnings3,310,8923,620,008
Accumulated other comprehensive loss(202,553)(130,414)
Total shareholders’ equity3,110,0213,494,426
Noncontrolling interest3,5143,565
Total equity3,113,5353,497,991
Total liabilities and equity$ 5,590,434$ 7,609,929