Expeditors International (EXPD) AI Stock Analysis

• Market Cap: $15.65B
• Dividend Yield: 1.28%
• Average Volume (3M): 1.45M
• Price to Earnings (P/E): 19.0
• Beta (1Y): 0.71
• Revenue Growth: 24.07%
• EPS Growth: 27.40%
• Country: US
• Employees: 19,203
• Sector: Industrials
• Sector Strength: 93
• Industry: Integrated Freight & Logistics
• EPS (TTM): 1.47
• Shares Outstanding: 136,948,060
• 10 Day Avg. Volume: 1,472,392
• 30 Day Avg. Volume: 1,450,003
• PEG Ratio: 1.61
• Price to Book (P/B): 6.84
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 22.01
• Enterprise Value/Market Cap: 0.92
• Enterprise Value/Revenue: 0.37
• Enterprise Value/Gross Profit: 10.71
• Enterprise Value/Ebitda: 3.59
• 1Y Price Target: $108.78
• Price Target Upside: -2.99% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 11

• Rating: 75 Outperform
• Price Target: $126.00 ▲(12.37%Upside)

Expeditors International displays strong financial health and positive corporate governance, enhancing its strategic positioning. While technical indicators suggest a balanced market sentiment without strong momentum, the company's fair valuation and shareholder-friendly actions support its appeal.

Positive Factors

Cost Management

The company demonstrated strong cost control on purchased transportation and other expenses, contributing to higher-than-expected results.

Earnings

EXPD reported revenue that was 11% ahead of expectations and EPS of $1.68, up 54% year-on-year.

Financial Performance

Expeditors International posted 1Q25 EPS of $1.47, up 26% year-on-year, above analyst and market estimates.

Negative Factors

Demand Weakness

Customs brokerage strength should help somewhat offset overall demand weakness driven by tariffs.

Import Decline

A steep drop-off of imports should weigh on EXPD's top line.

Volume Decline

Lower volumes could have a negative impact on 2Q operating results.

Expeditors International Business Overview & Revenue Model

Company Description

Expeditors International (EXPD) is a global logistics company providing a comprehensive range of supply chain solutions. Headquartered in Seattle, Washington, the company operates in sectors including air and ocean freight forwarding, customs brokerage, and distribution management. Expeditors offers a suite of services designed to optimize the movement of goods, ensuring efficient and reliable logistics solutions for businesses worldwide.

How the Company Makes Money

Expeditors International makes money primarily through its logistics and freight forwarding services. The company generates revenue by managing the transportation of goods via air and ocean freight, charging clients for the efficient handling and delivery of their cargo. Key revenue streams include freight forwarding fees, customs brokerage services, and warehousing and distribution management. Expeditors collaborates with a network of carriers and leveraging its expertise in supply chain management to offer value-added services, thereby enhancing its revenue potential. The company's earnings are influenced by global trade volumes, transportation rates, and its ability to maintain strong relationships with carriers and customers.

Expeditors International Financial Statement Overview

Summary

Expeditors International demonstrates strong financial health with robust profitability margins, low leverage, and strong cash flow generation. Despite revenue growth challenges, the company maintains stability through effective cost management and a solid balance sheet.

Income Statement

The income statement shows a solid gross profit margin of 38.1% for TTM (Trailing-Twelve-Months), indicating efficient cost management. The net profit margin of 7.6% is stable, though showing a decrease from prior years due to revenue contraction. EBIT and EBITDA margins are strong at 9.8% and 10.5%, respectively, reflecting good operating efficiency despite revenue pressures. Revenue growth has been challenging, with a significant decline from 2022 to 2023, but recent TTM figures suggest stabilization.

Balance Sheet

The balance sheet is robust with a debt-to-equity ratio of 0.26, indicating low leverage and financial stability. The equity ratio of 46.8% is strong, showcasing a solid base of equity financing. However, return on equity is moderate at 36.4% for TTM, reflecting pressure on profitability. Overall, the company maintains a healthy balance sheet with low risk of financial distress.

Cash Flow

Cash flow analysis reveals a strong operating cash flow to net income ratio of 0.89, indicating effective cash conversion. Free cash flow generation remains robust with a modest decline year-over-year. The free cash flow to net income ratio is high at 0.84, demonstrating the company's ability to generate cash relative to earnings. This strong cash flow profile supports ongoing operations and potential investments despite revenue challenges.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
10.60B	9.30B	17.07B	16.52B	9.58B
	Gross Profit
1.35B	1.25B	2.17B	2.17B	1.16B
	EBIT
1.04B	939.93M	1.82B	1.91B	940.44M
	EBITDA
1.10B	1.01B	1.88B	1.98B	1.01B
	Net Income Common Stockholders
810.07M	752.88M	1.36B	1.42B	696.14M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.15B	1.51B	2.03B	1.73B	1.53B
	Total Assets
4.88B	4.62B	5.59B	7.61B	4.93B
	Total Debt
568.94M	527.73M	518.47M	467.66M	438.19M
	Net Debt
-579.38M	-985.15M	-1.52B	-1.26B	-1.09B
	Total Liabilities
2.53B	2.13B	2.48B	4.11B	2.26B
	Stockholders Equity
2.22B	2.39B	3.11B	3.49B	2.66B
Cash Flow		Free Cash Flow
682.89M	1.01B	2.04B	832.25M	607.47M
	Operating Cash Flow
723.36M	1.05B	2.13B	868.49M	655.01M
	Investing Cash Flow
-40.52M	-39.43M	-87.71M	-36.65M	-46.03M
	Financing Cash Flow
-1.03B	-1.54B	-1.68B	-613.55M	-331.54M

Expeditors International Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 112.13
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EXPD, the sentiment is Negative. The current price of 112.13 is below the 20-day moving average (MA) of 112.85, below the 50-day MA of 112.57, and below the 200-day MA of 116.79, indicating a bearish trend. The MACD of 0.73 indicates Positive momentum. The RSI at 48.52 is Neutral, neither overbought nor oversold. The STOCH value of 28.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EXPD.

Expeditors International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EXPD	75 Outperform	$15.65B	18.97	37.70%	1.28%	24.07%	27.40%
CHRW	70 Outperform	$11.55B	23.25	32.11%	2.54%	-0.22%	65.52%
LSTR	68 Neutral	$4.85B	27.53	18.34%	1.01%	-4.72%	-22.46%
ZTO	67 Neutral	$13.49B	10.67	15.68%	4.06%	13.41%	10.00%
Sector *	65 Neutral	$4.45B	12.17	5.23%	249.78%	4.08%	-12.31%
JBHT	65 Neutral	$13.89B	25.42	13.97%	1.24%	-3.82%	-12.80%
XPO	64 Neutral	$14.00B	36.56	26.24%	―	1.94%	60.91%

Expeditors International Corporate Events

Expeditors International Signs New Executive Agreements

On May 21, 2025, Expeditors International entered into employment agreements with key executives, including Kelly K. Blacker, Blake R. Bell, and Bradley S. Powell, outlining salary, incentive-based compensation, and severance benefits. These agreements, effective in April and May 2025, include non-compete and non-solicitation clauses, reflecting the company’s strategic focus on retaining leadership talent and ensuring continuity in its operations.

The most recent analyst rating on (EXPD) stock is a Sell with a $107.00 price target. To see the full list of analyst forecasts on Expeditors International stock, see the EXPD Stock Forecast page.

Expeditors International Appoints Dan Wall as New CEO

Expeditors International is undergoing a leadership transition with Dan Wall taking over as CEO, continuing its strategic focus on growth and customer acquisition globally. The company is navigating a challenging trade environment with declining China-U.S. trade volumes and increasing operational costs, but remains optimistic about long-term trade flow and is investing in technology and cybersecurity to enhance its services.

The most recent analyst rating on (EXPD) stock is a Sell with a $106.00 price target. To see the full list of analyst forecasts on Expeditors International stock, see the EXPD Stock Forecast page.

Expeditors International Shareholders Approve Key Decisions

At the annual meeting on May 6, 2025, Expeditors International shareholders elected nine directors, approved executive compensation, and ratified KPMG LLP as the accounting firm for 2025. These decisions reflect shareholder support for the company’s leadership and financial oversight, potentially impacting its strategic direction and stakeholder confidence.

Expeditors International Declares Semi-Annual Dividend

On May 6, 2025, Expeditors International announced a semi-annual cash dividend of $0.77 per share, declared by its Board of Directors on May 5, 2025. This dividend will be payable on June 16, 2025, to shareholders of record as of June 2, 2025. This announcement reflects the company’s ongoing commitment to delivering value to its shareholders and may impact its financial positioning and stakeholder relations.

Expeditors International Finalizes CEO Employment Agreement

On April 30, 2025, Expeditors International finalized an employment agreement with its CEO, Daniel R. Wall, effective April 1, 2025. The agreement outlines Mr. Wall’s compensation, including a base salary and potential incentives, and includes provisions for severance and non-compete clauses, indicating a strategic focus on leadership stability.

Expeditors International Appoints New President of Global Products

On April 21, 2025, Expeditors International announced the appointment of Robert A. Martinez as the new President of Global Products, effective June 1, 2025. Martinez, who has been with the company since 2003, has held various leadership roles, most recently serving as Senior Vice President of The Americas. This leadership change is expected to strengthen Expeditors’ global product strategy and enhance its competitive positioning in the logistics industry.

Expeditors International Appoints Kelly Blacker as New President

On March 19, 2025, Expeditors International announced the appointment of Kelly K. Blacker as the new President – Global Geographies, effective April 1, 2025. Ms. Blacker, who has been with the company since 1994, has held various leadership roles, including President – Global Products. Her extensive experience within the company is expected to strengthen Expeditors’ operational capabilities and enhance its strategic positioning in the global logistics market.