Expeditors International of Washington, Inc. (EXPD)

EXPD Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	9,300	17,071	16,524	9,584	7,942
Revenue Growth (YoY)	-45.52%	3.32%	72.40%	20.67%	-2.41%
Cost of Revenue	6,054	12,577	12,058	6,657	5,306
Gross Profit	3,246	4,494	4,465	2,928	2,636
Selling, General & Admin	1,728	2,081	2,078	1,557	1,466
Other Operating Expenses	577.75	589.34	477.66	430.71	403.46
Operating Expenses	2,306	2,670	2,556	1,987	1,870
Operating Income	939.93	1,824	1,909	940.44	766.69
Interest Expense / Income	4.8	23.28	0.41	0.22	0
Other Expense / Income	-81	-31.59	-12.35	-14.27	-27.48
Pretax Income	1,016	1,833	1,921	954.49	794.17
Income Tax	263.25	475.29	505.77	258.35	203.78
Net Income	752.88	1,357	1,415	696.14	590.4
Net Income Growth	-44.53%	-4.10%	103.33%	17.91%	-4.50%
Shares Outstanding (Basic)	149	163	169	168	171
Shares Outstanding (Diluted)	150	164	171	171	174
Shares Change	-8.66%	-3.98%	0.21%	-1.90%	-2.04%
EPS (Basic)	5.05	8.33	8.37	4.14	3.45
EPS (Diluted)	5.01	8.26	8.27	4.07	3.39
EPS Growth	-39.35%	-0.12%	103.19%	20.06%	-2.59%
Free Cash Flow	1,014	2,043	832.25	607.43	724.67
Free Cash Flow Per Share	6.80	12.53	4.92	3.61	4.24
Dividend Per Share	1.380	1.340	1.160	1.040	1.000
Dividend Growth	2.99%	15.52%	11.54%	4.00%	11.11%
Gross Margin	34.90%	26.33%	27.02%	30.55%	33.19%
Operating Margin	10.11%	10.69%	11.56%	9.81%	9.65%
Profit Margin	8.10%	7.95%	8.57%	7.26%	7.43%
Free Cash Flow Margin	10.90%	11.97%	5.04%	6.34%	9.12%
Effective Tax Rate	25.91%	25.93%	26.32%	27.07%	25.66%
EBITDA	1,089	1,913	1,973	1,012	845.12
EBITDA Margin	11.71%	11.21%	11.94%	10.56%	10.64%
Depreciation & Amortization	67.76	57.34	51.31	56.96	50.95
EBIT	1,021	1,856	1,922	954.71	794.17
EBIT Margin	10.98%	10.87%	11.63%	9.96%	10.00%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).