Expeditors International (EXPD) AI Stock Analysis

• Market Cap: $16.00B
• Dividend Yield: 1.29%
• Average Volume (3M): 1.12M
• Price to Earnings (P/E): 19.4
• Beta (1Y): 0.68
• 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: 1,181,574
• 30 Day Avg. Volume: 1,115,775
• PEG Ratio: 3.59
• Price to Book (P/B): 6.93
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 20.57
• Enterprise Value/Market Cap: 0.94
• Enterprise Value/Revenue: 0.37
• Enterprise Value/Gross Profit: 10.59
• Enterprise Value/Ebitda: 3.56
• 1Y Price Target: $112.22
• Price Target Upside: -3.84% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 10

• Rating: 72 Outperform
• Price Target: $127.00 ▲(8.83%Upside)

Expeditors International's overall stock score is driven by its strong financial performance and positive corporate events, which enhance its strategic positioning and stakeholder confidence. While technical analysis shows mixed signals, and the valuation suggests the stock is fairly valued, the company's efficient operations and strategic initiatives support a stable outlook.

Positive Factors

Balance Sheet

The company’s solid balance sheet (no debt) and previously demonstrated ability to manage through downturns while preparing the company for the inevitable upturn evidenced by the added headcount in 4Q and 1Q which did not hamper earnings growth.

Customs Brokerage

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

Financial Performance

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

Negative Factors

Containership Rates

Containership rates are expected to collapse due to excess supply and muted demand, which usually results in freight forwarders losing relative share to asset-based liner companies.

Earnings Growth

There is an expectation of relatively flat earnings growth with a target of 5% EPS growth in 2026, leading to muted share performance.

Import Volume

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

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 exhibits solid financial fundamentals with strong profitability, conservative leverage, and efficient cash flow generation. However, the recent slowdown in revenue growth amidst industry competition could be a concern.

Income Statement

Expeditors International has demonstrated strong financial performance with a notable improvement in revenue and profitability over the latest TTM period. The gross profit margin stands at 12.82%, and the net profit margin is 7.64%, indicating efficient cost management. Revenue growth has been positive, showing a 4.34% increase from the previous year. However, compared to earlier periods, the revenue growth has slowed down, which could be a concern amidst industry competition.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.26, reflecting conservative leverage. The equity ratio is 48.05%, indicating a strong equity position. Return on equity is robust at 36.96%, showcasing effective utilization of shareholder funds. However, the slight decrease in stockholders' equity over recent periods might warrant monitoring.

Cash Flow

Cash flow generation remains strong, with a free cash flow growth rate of 12.10% in the latest TTM period. The operating cash flow to net income ratio is 0.96, indicating good cash conversion from earnings. However, the free cash flow to net income ratio of 0.91 suggests that there is room for improvement in capital expenditure management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.06B	10.60B	9.30B	17.07B	16.52B	9.58B
Gross Profit	1.42B	1.35B	1.25B	2.17B	2.17B	1.16B
EBITDA	1.15B	1.10B	1.01B	1.88B	1.98B	1.01B
Net Income	844.72M	810.07M	752.88M	1.36B	1.42B	696.14M
Balance Sheet
Total Assets	4.76B	4.88B	4.62B	5.59B	7.61B	4.93B
Cash, Cash Equivalents and Short-Term Investments	1.32B	1.15B	1.51B	2.03B	1.73B	1.53B
Total Debt	588.36M	568.94M	527.73M	518.47M	467.66M	438.19M
Total Liabilities	2.47B	2.53B	2.13B	2.48B	4.11B	2.26B
Stockholders Equity	2.29B	2.22B	2.39B	3.11B	3.49B	2.66B
Cash Flow
Free Cash Flow	765.64M	682.89M	1.01B	2.04B	832.25M	607.47M
Operating Cash Flow	809.08M	723.36M	1.05B	2.13B	868.49M	655.01M
Investing Cash Flow	-43.44M	-40.52M	-39.43M	-87.71M	-36.65M	-46.03M
Financing Cash Flow	-816.35M	-1.03B	-1.54B	-1.68B	-613.55M	-331.54M

Expeditors International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 116.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EXPD, the sentiment is Positive. The current price of 116.7 is above the 20-day moving average (MA) of 115.66, above the 50-day MA of 114.34, and above the 200-day MA of 114.58, indicating a bullish trend. The MACD of 0.26 indicates Negative momentum. The RSI at 55.68 is Neutral, neither overbought nor oversold. The STOCH value of 82.87 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EXPD.

Expeditors International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ZTO	79 Outperform	$15.87B	12.40	15.68%	0.20%	13.41%	10.00%
EXPD	72 Outperform	$16.00B	19.40	37.70%	1.29%	24.07%	27.40%
XPO	70 Outperform	$15.99B	42.56	26.24%	―	1.94%	60.91%
CHRW	70 Neutral	$12.25B	24.65	32.11%	2.41%	-0.22%	65.52%
LSTR	68 Neutral	$4.92B	27.94	18.34%	2.44%	-4.72%	-22.46%
JBHT	67 Neutral	$14.85B	27.23	14.33%	1.16%	-2.24%	-5.43%
Sector *	58 Neutral	HK$14.94B	4.73	-2.78%	5.01%	3.80%	-54.55%

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.