Expeditors International of Washington, Inc. (EXPD) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Integrated Freight & Logistics
EV/EBITDA
↑
18.67
↑+36% vs avg
5yr avg: 13.74
30Y Low8.3·High26.8
P/FCF
↓
22.50
+14% vs avg
5yr avg: 19.82
30Y Low8.4·High176.7
P/B Ratio
↑
9.32
↑+30% vs avg
5yr avg: 7.14
30Y Low4.1·High8.6
ROE
↓
35.5%
-4% vs avg
5yr avg: 37.0%
30Y Low16%·High46%
Debt/EBITDA
↑
0.51
↑+24% vs avg
5yr avg: 0.41
30Y Low0.0·High0.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
EXPD Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Expeditors International of Washington, Inc. trades at 27.1x earnings, 37% above its 5-year average of 19.7x, sitting at the 62nd percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a premium of 6%. On a free-cash-flow basis, the stock trades at 22.5x P/FCF, 14% above the 5-year average of 19.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $21.5B | $20.3B | $15.7B | $19.1B | $17.1B | $23.0B | $16.3B | $13.6B | $12.1B | $11.8B | $9.7B |
| Enterprise Value | $20.7B | $19.6B | $15.1B | $18.1B | $15.6B | $21.7B | $15.2B | $12.8B | $12.1B | $11.8B | $9.7B |
| P/E Ratio → | 27.11 | 25.04 | 19.37 | 25.39 | 12.58 | 16.24 | 23.37 | 23.01 | 19.57 | 24.05 | 22.44 |
| P/S Ratio | 1.94 | 1.83 | 1.48 | 2.05 | 1.00 | 1.39 | 1.70 | 1.71 | 1.49 | 1.70 | 1.59 |
| P/B Ratio | 9.32 | 8.61 | 7.05 | 7.99 | 5.49 | 6.57 | 6.10 | 6.19 | 6.09 | 5.89 | 5.24 |
| P/FCF | 22.50 | 21.29 | 22.99 | 18.84 | 8.36 | 27.63 | 26.76 | 18.75 | 23.05 | 29.86 | 20.60 |
| P/OCF | 21.31 | 20.17 | 21.70 | 18.14 | 8.02 | 26.48 | 24.81 | 17.61 | 21.14 | 24.05 | 18.29 |
P/E links to full P/E history page with 30-year chart
EXPD EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Expeditors International of Washington, Inc.'s enterprise value stands at 18.7x EBITDA, 36% above its 5-year average of 13.7x. The Industrials sector median is 13.8x, placing the stock at a 35% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.77 | 1.43 | 1.95 | 0.91 | 1.32 | 1.58 | 1.61 | 1.49 | 1.70 | 1.59 |
| EV / EBITDA | 18.67 | 17.63 | 13.71 | 17.98 | 8.28 | 11.09 | 15.20 | 15.60 | 14.24 | 15.68 | 13.50 |
| EV / EBIT | 19.68 | 17.88 | 14.52 | 19.28 | 8.54 | 11.29 | 15.85 | 16.63 | 15.20 | 16.78 | 14.44 |
| EV / FCF | — | 20.51 | 22.14 | 17.87 | 7.62 | 26.12 | 24.96 | 17.59 | 23.05 | 29.86 | 20.60 |
EXPD Profitability
Margins and return-on-capital ratios measuring operating efficiency
Expeditors International of Washington, Inc. earns an operating margin of 9.5%, above the Industrials sector average of 4.3%. Return on equity of 35.5% is exceptionally high — well above the sector median of 8.2%. ROIC of 48.4% represents excellent returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.3% | 15.3% | 12.7% | 13.4% | 12.7% | 13.1% | 12.1% | 12.6% | 12.5% | 12.8% | 14.0% |
| Operating Margin | 9.5% | 9.5% | 9.8% | 10.1% | 10.7% | 11.6% | 9.8% | 9.7% | 9.8% | 10.1% | 11.0% |
| Net Profit Margin | 7.4% | 7.4% | 7.6% | 8.1% | 8.0% | 8.6% | 7.3% | 7.4% | 7.6% | 7.1% | 7.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 35.5% | 35.5% | 35.1% | 27.4% | 41.1% | 45.9% | 28.6% | 28.2% | 31.0% | 25.5% | 24.3% |
| ROA | 16.9% | 16.9% | 17.5% | 14.9% | 20.6% | 22.6% | 16.2% | 16.9% | 19.2% | 16.6% | 16.1% |
| ROIC | 48.4% | 48.4% | 51.2% | 46.9% | 71.4% | 75.2% | 48.1% | 47.5% | 59.5% | 57.8% | 57.1% |
| ROCE | 38.2% | 38.2% | 37.8% | 29.6% | 49.2% | 55.2% | 33.8% | 34.0% | 39.7% | 36.1% | 37.6% |
EXPD Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Expeditors International of Washington, Inc. carries a Debt/EBITDA ratio of 0.5x, which is very conservative (84% below the sector average of 3.2x). The company holds a net cash position — cash of $1.3B exceeds total debt of $571M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.24 | 0.24 | 0.26 | 0.22 | 0.17 | 0.13 | 0.16 | 0.18 | — | — | — |
| Debt / EBITDA | 0.51 | 0.51 | 0.52 | 0.52 | 0.28 | 0.24 | 0.44 | 0.48 | — | — | — |
| Net Debt / Equity | — | -0.32 | -0.26 | -0.41 | -0.49 | -0.36 | -0.41 | -0.38 | 0.00 | 0.00 | 0.00 |
| Net Debt / EBITDA | -0.67 | -0.67 | -0.53 | -0.98 | -0.81 | -0.64 | -1.09 | -1.03 | 0.00 | 0.00 | 0.00 |
| Debt / FCF | — | -0.78 | -0.85 | -0.97 | -0.74 | -1.52 | -1.79 | -1.16 | 0.00 | 0.00 | 0.00 |
| Interest Coverage | — | — | — | 195.82 | 78.38 | 4683.76 | 4368.87 | — | — | — | — |
Net cash position: cash ($1.3B) exceeds total debt ($571M)
EXPD Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.81x means Expeditors International of Washington, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 2.02x to 1.81x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.81 | 1.81 | 1.77 | 2.02 | 2.20 | 1.78 | 2.09 | 2.37 | 2.06 | 2.32 | 2.39 |
| Quick Ratio | 1.81 | 1.81 | 1.77 | 2.02 | 2.20 | 1.78 | 2.09 | 2.37 | 2.06 | 2.32 | 2.39 |
| Cash Ratio | 0.63 | 0.63 | 0.56 | 0.89 | 0.99 | 0.46 | 0.81 | 1.05 | 0.70 | 0.96 | 1.05 |
| Asset Turnover | — | 2.26 | 2.23 | 2.06 | 3.05 | 2.17 | 1.95 | 2.15 | 2.46 | 2.22 | 2.18 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 66.67 | 68.79 | 60.15 | 45.06 | 84.17 | 76.09 | 60.44 | 70.93 | 74.61 | 71.24 |
EXPD Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Expeditors International of Washington, Inc. returns 4.1% to shareholders annually — split between a 0.9% dividend yield and 3.1% buyback yield. The payout ratio of 25.5% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 3.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.9% | 1.0% | 1.3% | 1.1% | 1.3% | 0.9% | 1.1% | 1.3% | 1.3% | 1.3% | 1.5% |
| Payout Ratio | 25.5% | 25.5% | 25.2% | 26.8% | 15.8% | 13.8% | 25.1% | 28.9% | 25.4% | 30.8% | 33.7% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.7% | 4.0% | 5.2% | 3.9% | 7.9% | 6.2% | 4.3% | 4.3% | 5.1% | 4.2% | 4.5% |
| FCF Yield | 4.4% | 4.7% | 4.4% | 5.3% | 12.0% | 3.6% | 3.7% | 5.3% | 4.3% | 3.3% | 4.9% |
| Buyback Yield | 3.1% | 3.3% | 5.4% | 7.3% | 9.3% | 2.2% | 2.0% | 2.9% | 5.4% | 4.1% | 3.5% |
| Total Shareholder Yield | 4.1% | 4.3% | 6.7% | 8.3% | 10.5% | 3.1% | 3.1% | 4.1% | 6.6% | 5.4% | 5.0% |
| Shares Outstanding | — | $136M | $142M | $150M | $164M | $171M | $171M | $174M | $178M | $182M | $183M |
Peer Comparison
Compare EXPD with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 EXPDYou | $21B | 27.1 | 18.7 | 22.5 | 15.3% | 9.5% | 35.5% | 48.4% | 0.5 |
 CHRW | $22B | 38.3 | 26.1 | 24.5 | 8.4% | 4.9% | 32.9% | 18.0% | 1.8 |
 FWRD | $431M | -3.9 | 13.1 | 28.2 | 20.5% | 1.5% | -48.2% | 1.2% | 11.4 |
 GXO | $6B | 173.7 | 14.3 | 9999.0 | 11.6% | 3.2% | 1.1% | 3.6% | 9.0 |
 UPS | $89B | 16.0 | 9.5 | 18.7 | 18.5% | 9.6% | 33.8% | 16.1% | 2.6 |
 FDX | $78B | 19.4 | 10.6 | 26.1 | 21.6% | 6.9% | 14.7% | 7.7% | 3.6 |
 XPO | $23B | 75.6 | 22.3 | 71.2 | 12.0% | 8.9% | 18.3% | 9.3% | 3.8 |
 SAIA | $12B | 45.7 | 20.0 | 424.5 | 23.7% | 10.9% | 10.4% | 9.4% | 0.7 |
 ODFL | $46B | 45.8 | 26.7 | 48.2 | 32.2% | 24.8% | 23.9% | 23.6% | 0.1 |
 HUBG | $3B | 26.1 | 9.3 | 18.7 | 85.4% | 3.6% | 6.3% | 5.1% | 1.5 |
 ZIM | $3B | 6.1 | 3.6 | 1.8 | 16.8% | 12.2% | 11.9% | 7.3% | 2.7 |
| Industrials Median | — | 25.6 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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Deep dive into EXPD consensus models and risk factors.
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DCF models, multiple analysis, and analyst estimates.
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10-year return with dividends reinvested.
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EXPD — Frequently Asked Questions
Quick answers to the most common questions about buying EXPD stock.
What is Expeditors International of Washington, Inc.'s P/E ratio?
Expeditors International of Washington, Inc.'s current P/E ratio is 27.1x. The historical average is 31.7x. This places it at the 62th percentile of its historical range.
What is Expeditors International of Washington, Inc.'s EV/EBITDA?
Expeditors International of Washington, Inc.'s current EV/EBITDA is 18.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.6x.
What is Expeditors International of Washington, Inc.'s ROE?
Expeditors International of Washington, Inc.'s return on equity (ROE) is 35.5%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 25.0%.
Is EXPD stock overvalued?
Based on historical data, Expeditors International of Washington, Inc. is trading at a P/E of 27.1x. This is at the 62th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Expeditors International of Washington, Inc.'s dividend yield?
Expeditors International of Washington, Inc.'s current dividend yield is 0.94% with a payout ratio of 25.5%.
What are Expeditors International of Washington, Inc.'s profit margins?
Expeditors International of Washington, Inc. has 15.3% gross margin and 9.5% operating margin.
How much debt does Expeditors International of Washington, Inc. have?
Expeditors International of Washington, Inc.'s Debt/EBITDA ratio is 0.5x, indicating low leverage. A ratio below 2x is generally considered financially healthy.