Discontinued — last reported Q3 '24
Latin America — Salaries And Other Operating Expenses
Expeditors International of Washington Latin America — Salaries And Other Operating Expenses increased by 27.9% to $18.61M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 13.4%, from $16.41M to $18.61M. Over 2 years (FY 2021 to FY 2023), Latin America — Salaries And Other Operating Expenses shows an upward trend with a 9.7% 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 pressure on labor, while a decrease relative to revenue suggests improved cost management or economies of scale.
Detailed definition
This metric aggregates the total personnel-related costs and general administrative overhead required to support logisti...
Peer comparison
Comparable to regional SG&A or operating expense line items found in the segment reporting of international freight forwarding and supply chain management firms.
expd_segment_latin_america_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 | $14.74M | $14.76M | $15.91M | $13.10M | $14.50M | $15.06M | $29.52M | $19.50M | $16.27M | $16.41M | $17.42M | $16.76M | $14.55M | $18.61M |
| QoQ Change | — | +0.2% | +7.8% | -17.6% | +10.6% | +3.9% | +96.1% | -33.9% | -16.6% | +0.9% | +6.2% | -3.8% | -13.2% | +27.9% |
| YoY Change | — | — | — | — | -1.6% | +2.0% | +85.6% | +48.9% | +12.2% | +9.0% | -41.0% | -14.0% | -10.5% | +13.4% |
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Frequently Asked Questions
- What is Expeditors International of Washington's latin america — salaries and other operating expenses?
- Expeditors International of Washington (EXPD) reported latin america — salaries and other operating expenses of $18.61M in Q3 2024.
- How has Expeditors International of Washington's latin america — salaries and other operating expenses changed year-over-year?
- Expeditors International of Washington's latin america — salaries and other operating expenses increased by 13.4% year-over-year, from $16.41M to $18.61M.
- What is the long-term trend for Expeditors International of Washington's latin america — salaries and other operating expenses?
- Over 2 years (2021 to 2023), Expeditors International of Washington's latin america — salaries and other operating expenses has grown at a 9.7% compound annual growth rate (CAGR), from $57.78M to $69.60M.
- What does latin america — salaries and other operating expenses mean?
- The total cost of labor and general administrative support for the Latin American business segment.