Expeditors International is a global logistics company that arranges the movement of freight for other businesses. It handles air and ocean freight forwarding, customs brokerage and compliance, warehousing, distribution and related supply chain services. It relies on space booked with airlines and ocean carriers rather than owning vessels or aircraft itself. Customers include importers, exporters, retailers and manufacturers in industries such as technology and consumer goods.
Revenue comes from the charges it bills customers for arranging transport, customs and warehousing services. Sales were $12.0 billion over the last twelve months, but growth over the last three years is -13.4% a year, meaning sales have contracted. The operating margin is 9.8%, and the business earns a profit of 82% on the capital invested in it. It pays a dividend with a yield of 0.8%. On the site's X-Ray Score it receives 50 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
52-wk range $115.63 – $200.66Volume 1,278,700Daily, split-adjusted
Vitals
Market cap$25.7B
52-week range$115.63 – $200.66
Volume (last day)1,278,700
P/E (TTM)28.6
EBIT / EV yield4.8%
Free-cash-flow yield3.6%
Dividend yield0.8%
Revenue (TTM)$12.0B
Net income (TTM)$919M
Operating margin9.8%
Return on capital81.9%
Debt incl. leasesData missing
Cash & securities$1.0B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$205model spread $194 – $216
Fair+4.4% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
ValuationFair
51/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield4.8%
Free-cash-flow yield3.6%
Fair value vs price1.0×
GrowthWeak
20/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-13.4%
EPS growth (3y)-10.4%
Growth consistency70%
ProfitabilityFair
60/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital81.9%
Operating margin9.8%
Financial healthStrong
73/100
Balance sheet looks strong: debt is well covered.
See the numbers →
Piotroski F-Score7 / 9
Interest coverNo interest cost
DividendsWeak
32/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield0.8%
Dividends vs free cash flow22%
Dividend growth-1.0%
Quarterly results: last 6 quarters
+20.8%Mar '25
+8.7%Jun '25
-3.5%Sep '25
-3.3%Dec '25
+4.4%Mar '26
+32.1%Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $3.5B, diluted EPS $2.03.
Other Air Freight & Logistics companies by X-Ray Score.
Fundamentals checklist
● 4 Good · ● 5 Average · ● 5 Bad
Cash quality
Earnings backed by cashBad
Free-cash-flow yieldAverage
Risk models
Altman Z''Good
Piotroski F-ScoreGood
Growth
EPS growth (3y)Bad
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Bad
Growth consistencyAverage
Balance sheet
Current ratioAverage
Interest coverGood
Valuation
Fair value vs priceAverage
EBIT / EV yieldAverage
Profitability
Return on invested capitalGood
Operating marginBad
Each check is graded against the company's sector, not a fixed number. Checklist score 46/100.
Financials
FY21
FY22
FY23
FY24
FY25
Revenue
$16.5B
$17.1B
$9.3B
$10.6B
$11.1B
Operating income
$1.9B
$1.8B
$940M
$1.0B
$1.1B
Net income
$1.4B
$1.4B
$753M
$810M
$810M
Operating cash flow
$868M
$2.1B
$1.1B
$723M
$1.0B
Operating margin
11.6%
10.7%
10.1%
9.8%
9.5%
Free cash flow
$832M
$2.0B
$1.0B
$683M
$953M
Diluted EPS
$8.27
$8.26
$5.01
$5.72
$5.95
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bullish
12 bullish · 3 neutral · 1 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
7 bullish · 0 neutral · 1 bearish
Moving averages (daily)
SMA 10
194.3
Bullish
EMA 10
194.4
Bullish
SMA 20
191.2
Bullish
EMA 20
192.4
Bullish
SMA 50
189.0
Bullish
EMA 50
187.6
Bullish
SMA 100
178.5
Bullish
EMA 100
179.4
Bullish
SMA 200
164.5
Bullish
EMA 200
166.7
Bullish
Oscillators (daily)
RSI (14)
58.87
Neutral
MACD (12, 26)
2.38
Bullish
Momentum (12)
6.10
Bullish
Stochastic %K (14)
70.93
Neutral
Williams %R (14)
-29.07
Neutral
CCI (20)
120.7
Bearish
Pivot points (classic, last session)
S3
186.5
S2
190.3
S1
193.1
Pivot
196.9
R1
199.7
R2
203.5
R3
206.3
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
1.58 USD
Yield on today's price
0.81%
Frequency
Semi-annual
Next ex-dividend date
Not announced
Ex-dividend date
Amount per share
1 Jun 2026
0.8100
1 Dec 2025
0.7700
2 Jun 2025
0.7700
2 Dec 2024
0.7300
3 Jun 2024
0.7300
30 Nov 2023
0.6900
31 May 2023
0.6900
30 Nov 2022
0.6700
31 May 2022
0.6700
30 Nov 2021
0.5800
28 May 2021
0.5800
30 Nov 2020
0.5200
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.