Discontinued — last reported Q3 '24
Europe — Salaries And Other Operating Expenses
Expeditors International of Washington Europe — Salaries And Other Operating Expenses increased by 6.0% to $126.92M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 5.4%, from $120.44M to $126.92M. Over 2 years (FY 2021 to FY 2023), Europe — Salaries And Other Operating Expenses shows relatively stable performance with a -0.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue may signal declining operational efficiency or inflationary wage pressures, whereas a decrease could indicate successful cost-containment initiatives or reduced operational activity.
Detailed definition
This metric aggregates the total personnel-related costs and general administrative overhead required to support logisti...
Peer comparison
Most global logistics providers track regional SG&A and labor costs; comparisons are typically normalized as a percentage of net revenue to account for differences in regional scale and service mix.
expd_segment_europe_salaries_and_other_operating_expensesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $123.41M | $126.48M | $135.42M | $109.27M | $115.39M | $109.31M | $239.63M | $127.37M | $125.20M | $120.44M | $120.33M | $117.09M | $119.71M | $126.92M |
| QoQ Change | — | +2.5% | +7.1% | -19.3% | +5.6% | -5.3% | +119.2% | -46.8% | -1.7% | -3.8% | -0.1% | -2.7% | +2.2% | +6.0% |
| YoY Change | — | — | — | — | -6.5% | -13.6% | +76.9% | +16.6% | +8.5% | +10.2% | -49.8% | -8.1% | -4.4% | +5.4% |
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Frequently Asked Questions
- What is Expeditors International of Washington's europe — salaries and other operating expenses?
- Expeditors International of Washington (EXPD) reported europe — salaries and other operating expenses of $126.92M in Q3 2024.
- How has Expeditors International of Washington's europe — salaries and other operating expenses changed year-over-year?
- Expeditors International of Washington's europe — salaries and other operating expenses increased by 5.4% year-over-year, from $120.44M to $126.92M.
- What is the long-term trend for Expeditors International of Washington's europe — salaries and other operating expenses?
- Over 2 years (2021 to 2023), Expeditors International of Washington's europe — salaries and other operating expenses has grown at a -0.1% compound annual growth rate (CAGR), from $494.76M to $493.34M.
- What does europe — salaries and other operating expenses mean?
- The total cost of labor and administrative overhead for the European business segment.