Expeditors International of Washington North Asia — Labor And Related Expense decreased by 11.4% to $36.99M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.4%, from $40.36M to $36.99M. Over 3 years (FY 2022 to FY 2025), North Asia — Labor And Related Expense shows a downward trend with a -14.0% CAGR.
Rising costs may indicate headcount growth to support expansion, while declining costs could signal restructuring or efficiency gains.
This metric captures the total compensation, benefits, and payroll-related costs for personnel employed within the North...
Comparable to 'Selling, General, and Administrative' (SG&A) labor components or 'Personnel Expenses' at peer firms.
expd_segment_north_asia_labor_and_related_expense| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $62.76M | $62.76M | $62.76M | $62.76M | $36.29M | $36.29M | $36.29M | $36.29M | $34.94M | $35.96M | $42.49M | $44.81M | $40.36M | $36.69M | $41.16M | $41.74M | $36.99M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -42.2% | +0.0% | +0.0% | +0.0% | -3.7% | +2.9% | +18.2% | +5.5% | -9.9% | -9.1% | +12.2% | +1.4% | -11.4% |
| YoY Change | — | — | — | — | -42.2% | -42.2% | -42.2% | -42.2% | -3.7% | -0.9% | +17.1% | +23.5% | +15.5% | +2.0% | -3.1% | -6.9% | -8.4% |