The Company in a Nutshell
| Date Reviewed | 03/09/2026 |
| Company Name | Expeditors International of Washington Inc |
| Symbol | EXPD |
| Sector | Industrials |
| Industry | Integrated Freight & Logistics |
| Beta | 1.09 |
| PRO Rating | 4 |
| Dividend Safety | 3 |
Business Model
Expeditors International of Washington, Inc. is a global logistics company. The Company’s services include consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definite transportation, order management, warehousing and distribution and customized logistics solutions. The Company’s primary services include airfreight services, ocean freight and ocean services, and customs brokerage and other services. It provides a full suite of global logistics services, offering customers access to an international network of people and integrated information systems to support the movement and strategic positioning of goods. As a third-party logistics provider, it purchases cargo space from carriers on a volume basis and resells that space to its customers. In addition, its Project Cargo unit handles special project shipments that move via a single method or combination of air, ocean, and/or ground transportation.
| Current price | 144.26 |
| ROE | 35.40 % |
| ROIC | 51.30 % |
| Shareholder Yield | -0.10 % |
| 5-Yr Total Return | 39.45 % |
| 1-Yr Total Return | 18.60 % |
| Next Earnings Date | 05-05-26 |
Latest Quarter Information
What the CEO said:
CEO Daniel R. Wall said, “comparisons to 2024 were going to be tough given the current ocean environment,” but highlighted “increased business we are taking on, including customs, Transcon, warehousing & distribution, and order management,” adding Expeditors will focus on “growth diversification, pricing optimization,” cost alignment, and “strategic investments… such as artificial intelligence (AI).”
What we say:
2026-03-07, Expeditors International of Washington Inc reported a weak quarter performance on EPS and revenue with -11.3% and -3.3% respectively. Revenue down as ocean sell rates/revenue per container fell and ocean volume -6%, outweighing air tonnage +6% and strong customs. EPS fell as op income -17% to $251M on weaker ocean profit pool, ~2ppt lower air margins, and higher opex (headcount/tech). Returned capital: Q4 dividends $103.3M + buybacks $46.5M; FY25 dividends $207.4M + buybacks $667.3M. No guidance; early-2026 air margin mostly recovered but ocean uncertainty persists. Strategy: diversify via customs/Transcon/W&D/order mgmt, pricing optimization, cost alignment.
Investment Thesis
Dividend Triangle
| 5-Yr Rev. Growth | 0.00 % |
| 5-Yr EPS Growth | 0.00 % |
| 5-Yr Div Growth | 7.85 % |
Potential Risks
| Debt/Equity | 0.00 |
| Financial Debt to EBITDA (TTM) | 0.00 |
| Current Ratio (Quarterly) | 1.80 |
| Credit Score | 98 |
Dividend Growth Perspective
| Dividend ($) | 1.54 |
| Dividend Yield Fwd | 1.10 % |
| Dividend Frequency | Semi-annual |
| Average 5-Yr Yield | 1.20 % |
| Payout Ratio (%) | 25.60 |
| Cash Payout Ratio (%) | 21.75 |
| DGR 1-Yr (TTM) | 5.50 |
| DGR 3-Yr (TTM) | 7.95 |
| DGR 5-Yr (TTM) | 7.85 |
| DGR Streak | 29 |
| Chowder Score | 9.10 |
| Next DVD PMT | 12-15-25 |
Valuation
(Data for `ddm_growth_rate_years` field are missing to build DDM tables)
Video Tutorial: How to Read the Stock Cards DDM Valuation
| Market Cap | 19 B |
| PE Ratio | 24.25 |
| Fwd PE | 23.50 |
| Price to Book Ratio | 8.20 |
| DDM Valuation | 0 |
| Average 5-Yr PE | 19.4 |
| Value Score | 23 |