Expeditors International of Washington, Inc. (EXPD)

EXPD Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	11,168	10,601	9,300	17,071	16,524	9,584
Revenue Growth (YoY)	12.54%	13.98%	-45.52%	3.31%	72.40%	20.67%
Cost of Revenue	9,640	9,190	7,987	14,796	14,307	8,365
Gross Profit	1,528	1,410	1,313	2,275	2,217	1,220
Selling, General & Admin	39.12	33.33	27.91	24.29	16.03	18.44
Other Operating Expenses	328.27	274.39	277.63	304.47	240.06	203.89
Operating Expenses	425.27	368.81	373.3	386.1	307.4	279.29
Operating Income	1,103	1,041	939.93	1,889	1,909	940.44
Interest Expense	-	-	-	-	-0.41	-0.22
Interest & Investment Income	36.87	46.71	70.45	25.55	8.81	10.42
Other Non Operating Income (Expenses)	5.7	6.77	4.64	-14.03	6.89	5.93
EBT Excluding Unusual Items	1,145	1,095	1,015	1,901	1,925	956.56
Other Unusual Items	-	-	-	-65	-	-
Pretax Income	1,145	1,095	1,015	1,836	1,925	956.56
Income Tax Expense	298.05	283.17	263.25	475.29	505.77	258.35
Earnings From Continuing Operations	847.25	811.63	751.78	1,361	1,419	698.21
Minority Interest in Earnings	-1.75	-1.56	1.1	-3.21	-3.35	-2.07
Net Income	845.5	810.07	752.88	1,357	1,415	696.14
Net Income to Common	845.5	810.07	752.88	1,357	1,415	696.14
Net Income Growth	15.36%	7.60%	-44.54%	-4.10%	103.33%	17.91%
Shares Outstanding (Basic)	137	141	149	163	169	168
Shares Outstanding (Diluted)	138	142	150	164	171	171
Shares Change (YoY)	-3.90%	-5.64%	-8.66%	-3.98%	0.21%	-1.90%
EPS (Basic)	6.17	5.75	5.05	8.33	8.37	4.14
EPS (Diluted)	6.15	5.72	5.01	8.26	8.27	4.07
EPS Growth	20.10%	14.17%	-39.35%	-0.12%	103.19%	20.06%
Free Cash Flow	922.74	682.9	1,014	2,043	832.25	607.43
Free Cash Flow Per Share	6.71	4.82	6.75	12.42	4.86	3.55
Dividend Per Share	1.500	1.460	1.380	1.340	1.160	1.040
Dividend Growth	5.63%	5.80%	2.99%	15.52%	11.54%	4.00%
Gross Margin	13.68%	13.30%	14.12%	13.33%	13.42%	12.73%
Operating Margin	9.87%	9.82%	10.11%	11.07%	11.55%	9.81%
Profit Margin	7.57%	7.64%	8.09%	7.95%	8.57%	7.26%
Free Cash Flow Margin	8.26%	6.44%	10.90%	11.97%	5.04%	6.34%
EBITDA	1,161	1,102	1,008	1,947	1,961	997.4
EBITDA Margin	10.39%	10.40%	10.84%	11.40%	11.87%	10.41%
D&A For EBITDA	57.88	61.09	67.76	57.34	51.31	56.96
EBIT	1,103	1,041	939.93	1,889	1,909	940.44
EBIT Margin	9.87%	9.82%	10.11%	11.07%	11.55%	9.81%
Effective Tax Rate	26.02%	25.86%	25.94%	25.89%	26.28%	27.01%
Revenue as Reported	11,168	10,601	9,300	17,071	16,524	9,584

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q