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Expeditors International of Washington

EXPDNYSEStock Fundamentals

Expeditors International of Washington, Inc. is a leading non-asset-based third-party logistics provider that manages the global movement and strategic positioning of goods. The company operates as a knowledge-based intermediary, purchasing cargo space from carriers on a volume basis and reselling it to customers through an integrated international network. Its core value proposition centers on providing a single, uniform technology platform and specialized expertise to optimize complex supply chains without the capital risks of owning aircraft or ships.

Market Cap$20.5B
Revenue TTM$11.2B
Net Income TTM$836.1M
P/E Ratio24.52
Net Margin7.48%
EPS TTM$6.18
Free Cash Flow TTM$920.6M
Employees18.1K
CEODaniel R. Wall
CountryUnited States of America
Industrials
Integrated Freight & Logistics
SegmentsIntegrated Freight & Logistics, Supply Chain Management, Transportation
Business ModelsNon-asset-based logistics, Third-party logistics (3PL), Brokerage, Service-based
Most Recent EarningsMay 5, 2026 · 15 days agoQ1 2026
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Next EarningsAug 4, 2026 · in 2 monthsBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Op. Margin9.67%
ROE36.59%
D/E24.73%
Current Ratio1.79
Total Debt$565.0M
Cash$1.3B
CapEx TTM$52.6M

Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Customs Brokerage and Other Services

primary

Assists customers in navigating complex international trade regulations by preparing documentation, calculating duties, and managing government inspections. This segment also includes value-added logistics such as warehousing, distribution, and intra-continental ground transportation.

Products

Customs Clearance, Transcon (Ground Transportation), Warehousing and Distribution, Tradewin (Consulting), Inventory Management

Customers

Importers, Exporters, Multinational corporations, E-commerce businesses

Airfreight Services

major

Acts as a freight consolidator or agent to arrange the transportation of high-value or time-sensitive goods via commercial airlines. The company aggregates shipments to secure volume-based pricing and manages routing, documentation, and final delivery.

Products

Airfreight Consolidation, Airfreight Forwarding, House Airway Bill (HAWB), Charter Services

Customers

Technology companies, Healthcare providers, Retailers, High fashion brands

Ocean Freight and Ocean Services

major

Provides ocean transportation intermediary services, including consolidation of full and less-than-container loads. This segment focuses on maximizing container utilization and providing end-to-end visibility through order management systems.

Products

Ocean Freight Consolidation, Direct Ocean Forwarding, Order Management, House Ocean Bill of Lading (HOBL), SKU Visibility Portal

Customers

Global manufacturers, Automotive companies, Aerospace firms, Consumer goods shippers

Segment Financials

Customs Brokerage And Other Services — Direct Operating Costs

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Customs Brokerage And Other Services — Revenue

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EMEA — Direct Operating Costs

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Airfreight Services — Revenue

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Airfreight Services — Direct Operating Costs

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Ocean Freight And Ocean Services — Revenue

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Ocean Freight And Ocean Services — Direct Operating Costs

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Europe — Direct Operating Costs

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Business Overview

Competitive Position

A leading global logistics provider that differentiates through organic growth, a single unified technology platform, and a highly incentivized, local-management-focused culture.

Geographies

Americas, North Asia, South Asia, Europe, Middle East, Africa, India

Customer Segments

Enterprise, Technology, Healthcare, Automotive, Retail

Upstream Dependencies

Commercial airlines, Ocean shipping lines, Trucking companies, Technology and software providers

Downstream Customers

Technology and semiconductor manufacturers, Retail and fashion brands, Automotive and aerospace manufacturers, Healthcare and pharmaceutical companies

Competitors & Partners

Partners

I

International Air Transport Association

Voluntary association of airlines that prescribes operating procedures for airfreight forwarders

Subsidiaries

E

Expeditors International Ocean, Inc.

Ocean Transportation Intermediary and NVOCC specialist

T

Tradewin

Trade compliance consulting services unit

E

Expeditors Cargo Insurance Brokers, Inc.

Licensed insurance broker for cargo coverage

Expeditors International of Washington logo

Expeditors International of Washington FAQ

Common questions about Expeditors International of Washington

Expeditors International of Washington, Inc. is a leading non-asset-based third-party logistics provider that manages the global movement and strategic positioning of goods. The company operates as a knowledge-based intermediary, purchasing cargo space from carriers on a volume basis and reselling it to customers through an integrated international network. Its core value proposition centers on providing a single, uniform technology platform and specialized expertise to optimize complex supply chains without the capital risks of owning aircraft or ships.

Expeditors International of Washington (EXPD) has a market capitalization of $20.5B and trades on NYSE.

Expeditors International of Washington generated $11.2B in trailing twelve-month revenue with net income of $836.1M, representing a net margin of 7.5%, with free cash flow of $920.6M. These figures are based on the Q1 2026 filing.

Expeditors International of Washington's key competitors include C.H. Robinson, XPO, Inc., Old Dominion Freight Line, and others. These companies compete in similar markets and product categories.

Expeditors International of Washington has approximately 18,100 employees.