Expeditors International of Washington, Inc. (EXPD) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Integrated Freight & Logistics
EV/EBITDA
↑
17.53
↑+28% vs avg
5yr avg: 13.74
30Y Low8.3·High26.8
P/FCF
↓
21.18
+7% vs avg
5yr avg: 19.82
30Y Low8.4·High176.7
P/B Ratio
↑
8.77
↑+23% 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 25.5x earnings, 29% above its 5-year average of 19.7x, sitting at the 59th percentile of its historical range. This is roughly in line with the Industrials sector median P/E of 25.5x. On a free-cash-flow basis, the stock trades at 21.2x P/FCF, 7% 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 | $20.2B | $20.3B | $15.7B | $19.1B | $17.1B | $23.0B | $16.3B | $13.6B | $12.1B | $11.8B | $9.7B |
| Enterprise Value | $19.5B | $19.6B | $15.1B | $18.1B | $15.6B | $21.7B | $15.2B | $12.8B | $12.1B | $11.8B | $9.7B |
| P/E Ratio → | 25.52 | 25.04 | 19.37 | 25.39 | 12.58 | 16.24 | 23.37 | 23.01 | 19.57 | 24.05 | 22.44 |
| P/S Ratio | 1.82 | 1.83 | 1.48 | 2.05 | 1.00 | 1.39 | 1.70 | 1.71 | 1.49 | 1.70 | 1.59 |
| P/B Ratio | 8.77 | 8.61 | 7.05 | 7.99 | 5.49 | 6.57 | 6.10 | 6.19 | 6.09 | 5.89 | 5.24 |
| P/FCF | 21.18 | 21.29 | 22.99 | 18.84 | 8.36 | 27.63 | 26.76 | 18.75 | 23.05 | 29.86 | 20.60 |
| P/OCF | 20.06 | 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 17.5x EBITDA, 28% above its 5-year average of 13.7x. The Industrials sector median is 13.8x, placing the stock at a 27% 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 | 17.53 | 17.63 | 13.71 | 17.98 | 8.28 | 11.09 | 15.20 | 15.60 | 14.24 | 15.68 | 13.50 |
| EV / EBIT | 18.48 | 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 4.9%. 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 6.3%.
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 4.3% to shareholders annually — split between a 1.0% dividend yield and 3.3% buyback yield. The payout ratio of 25.5% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 3.9% (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 | 1.0% | 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 | 3.9% | 4.0% | 5.2% | 3.9% | 7.9% | 6.2% | 4.3% | 4.3% | 5.1% | 4.2% | 4.5% |
| FCF Yield | 4.7% | 4.7% | 4.4% | 5.3% | 12.0% | 3.6% | 3.7% | 5.3% | 4.3% | 3.3% | 4.9% |
| Buyback Yield | 3.3% | 3.3% | 5.4% | 7.3% | 9.3% | 2.2% | 2.0% | 2.9% | 5.4% | 4.1% | 3.5% |
| Total Shareholder Yield | 4.3% | 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 | $20B | 25.5 | 17.5 | 21.2 | 15.3% | 9.5% | 35.5% | 48.4% | 0.5 |
 CHRW | $20B | 35.5 | 24.3 | 22.7 | 8.4% | 4.9% | 32.9% | 18.0% | 1.8 |
 FWRD | $547M | -5.0 | 13.8 | 35.8 | 20.5% | 1.5% | -48.2% | 1.2% | 11.4 |
 GXO | $6B | 185.3 | 14.8 | 9999.0 | 11.6% | 3.2% | 1.1% | 3.6% | 9.0 |
 UPS | $85B | 15.3 | 9.1 | 17.8 | 18.5% | 9.6% | 33.8% | 16.1% | 2.6 |
 FDX | $88B | 22.4 | 11.6 | 29.7 | 21.6% | 6.9% | 14.7% | 7.7% | 3.6 |
 XPO | $24B | 78.3 | 22.9 | 73.8 | 12.0% | 8.9% | 18.3% | 9.3% | 3.8 |
 SAIA | $12B | 47.2 | 20.6 | 438.0 | 23.7% | 10.9% | 10.4% | 9.4% | 0.7 |
 ODFL | $41B | 41.0 | 23.9 | 43.2 | 32.2% | 24.8% | 23.9% | 23.6% | 0.1 |
 HUBG | $3B | 25.3 | 9.1 | 18.1 | 85.4% | 3.6% | 6.3% | 5.1% | 1.5 |
 ZIM | $3B | 6.6 | 3.7 | 2.0 | 16.8% | 12.2% | 11.9% | 7.3% | 2.7 |
| Industrials Median | — | 25.5 | 13.8 | 20.7 | 32.7% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Full EXPD Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See EXPD's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs EXPD Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare EXPD vs CHRW
Side-by-side business, growth, and profitability comparison vs C.H. Robinson Worldwide, Inc..
Start ComparisonEXPD — 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 25.5x. The historical average is 31.7x. This places it at the 59th 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 17.5x. 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 25.5x. This is at the 59th 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 1.00% 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.