Expeditors International Of Washington Inc
Exchange: NYSESector: IndustrialsIndustry: Integrated Freight & Logistics
Expeditors International of Washington, Inc. is engaged in the business of providing global logistics services. The Company offers its customers a seamless international network supporting the movement and strategic positioning of goods. The Company's services include the consolidation or forwarding of air and ocean freight. In each United States office, and in many overseas offices, the Company acts as a customs broker. The Company also provides additional services including value-added distribution, vendor consolidation, cargo insurance, domestic time definite transportation services, purchase order management and customized logistics solutions.
Did you know?
Profit margin stands at 7.3%.
Current Price
$143.06
-1.22%GoodMoat Value
$142.03
0.7% overvaluedProfile
Valuation (TTM)
Market Cap$19.17B
P/E23.66
EV$18.09B
P/B8.14
Shares Out134.02M
P/Sales1.73
Revenue$11.07B
EV/EBITDA16.04
Expeditors International Of Washington Inc (EXPD) Stock Analysis
GoodMoat Analysis
Expeditors International is a high-quality, asset-light logistics operator with a strong moat built on a global network and switching costs, but it faces a challenging valuation and negative growth headwinds. The stock currently trades near its GoodMoat target price, offering a marginal margin of safety at best.
Read full analysis
Expeditors International is a global logistics and freight forwarding company that coordinates the movement of goods via air and ocean, operating an asset-light model that focuses on information and network management rather than owning planes or ships. Applying the GoodMoat framework, the business demonstrates a durable competitive advantage. Its moat is built on a global network of offices (scale privilege), deep customer integration that creates high switching costs, and a strong execution-focused culture. This is reflected in exceptional returns, with an ROE of 34.4% far exceeding the 15-20% high-quality threshold. The company is financially robust with a strong balance sheet (Debt/Equity of 0.24) and consistent free cash flow generation (FCF Yield of 5.0%). However, the current investment case is mixed. The stock passes the Moat & Quality Gate but faces headwinds in the Valuation & Risk Gate. Revenue growth is negative (-3.3% YoY), and the P/E of 23.7 is not cheap for a company in a cyclical downturn. The GoodMoat target price of $142.03 suggests the current price of $143.18 offers a negligible margin of safety, placing it in the 'Marginal' (10-20%) or lower band. For a value investor, this presents a high-quality business but at a price that requires a very high conviction in a cyclical recovery to be favourable. Analysis based on data as of 2024-05-15.
Market Cap$19.17B
Current Price$143.06
P/E Ratio23.66
Forward P/E—
PEG Ratio-2.10
EPS$5.95
Book Value$17.58
P/B Ratio8.14
EXPD Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use 4.7% FCF growth (CAGR)
Cash vs Debt
Net Cash: 744M
Revenue
7.9B
FY19
9.6B
FY20
16.5B
FY21
17.1B
FY22
9.3B
FY23
10.6B
FY24
11.1B
FY25
Net Income
590M
FY19
696M
FY20
1.4B
FY21
1.4B
FY22
753M
FY23
810M
FY24
810M
FY25
EXPD 52-Week Range
$103.53
$165.04
50-Day MA: $148.38200-Day MA: $134.95
Did you know?
Price sits at 64% of its 52-week range.
Expeditors International Of Washington Inc (EXPD) Financial Summary
Expeditors International Of Washington Inc (EXPD) is a Industrials company in the Integrated Freight & Logistics industry, listed on NYSE. The stock currently trades at $143.06 with a market capitalization of $19.17B.
Key valuation metrics include a P/E ratio of 23.66, price-to-book ratio of 8.14, and EPS of $5.95. The company reports a profit margin of 7.3% and return on equity of 34.4%.
EXPD Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $19.17B |
| P/E Ratio | 23.66 |
| EPS | $5.95 |
| P/B Ratio | 8.14 |
| P/S Ratio | 1.73 |
| EV/EBITDA | 16.04 |
| Dividend Yield | 1.08% |
| Profit Margin | 7.3% |
| Return on Equity | 34.4% |
| Debt/Equity | 0.24 |
EXPD Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $7.94B | $590.39M |
| FY20 | $9.58B | $696.14M |
| FY21 | $16.52B | $1.42B |
| FY22 | $17.07B | $1.36B |
| FY23 | $9.30B | $752.88M |
| FY24 | $10.60B | $810.07M |
| FY25 | $11.07B | $810.33M |
Expeditors International Of Washington Inc (EXPD) Valuation
Based on GoodMoat's DCF model, Expeditors International Of Washington Inc has a fair value estimate of $142.03. At the current price of $143.06, the stock appears 0.7% overvalued relative to our intrinsic value estimate.
EXPD Quality Indicators
Expeditors International Of Washington Inc maintains a profit margin of 7.3% and an operating margin of 9.5%. Return on equity stands at 34.4%. The current ratio is 1.81. Debt-to-equity ratio is 0.24.
About Expeditors International Of Washington Inc
Expeditors International of Washington, Inc. is engaged in the business of providing global logistics services. The Company offers its customers a seamless international network supporting the movement and strategic positioning of goods. The Company's services include the consolidation or forwarding of air and ocean freight. In each United States office, and in many overseas offices, the Company acts as a customs broker. The Company also provides additional services including value-added distribution, vendor consolidation, cargo insurance, domestic time definite transportation services, purchase order management and customized logistics solutions.
EXPD Free Cash Flow
Expeditors International Of Washington Inc generated $953.40M in trailing twelve-month free cash flow, representing an FCF yield of 4.97%. This moderate FCF yield indicates reasonable cash generation.
EXPD Shares Outstanding
Expeditors International Of Washington Inc has 0.13 billion shares outstanding at a share price of $143.06, giving it a market capitalization of $19.17B.
EXPD Recent Insider Trades
Recent insider transactions at Expeditors International Of Washington Inc include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| Wall Daniel R (President and CEO) | SELL | 6,100 | $884927.00 |
| Bell Blake R (President Global Business Dev) | SELL | 10,351 | $1.49M |