Financials Expeditors International of Washington Inc.

Equities

EXPD

US3021301094

Air Freight & Logistics

Market Closed - Nyse 04:00:02 2024-06-13 pm EDT 5-day change 1st Jan Change
124.3 USD -0.80% Intraday chart for Expeditors International of Washington Inc. -0.98% -2.29%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 13,287 16,099 22,749 16,537 18,494 17,697 - -
Enterprise Value (EV) 1 12,056 14,571 21,021 15,022 17,508 16,784 16,687 16,779
P/E ratio 23 x 23.4 x 16.2 x 12.6 x 25.4 x 25.6 x 24 x 22.1 x
Yield 1.28% 1.09% 0.86% 1.29% 1.08% 1.14% 1.19% 1.52%
Capitalization / Revenue 1.63 x 1.59 x 1.38 x 0.97 x 1.99 x 1.96 x 1.88 x 1.81 x
EV / Revenue 1.47 x 1.44 x 1.27 x 0.88 x 1.88 x 1.86 x 1.77 x 1.72 x
EV / EBITDA 14.7 x 14.6 x 10.7 x 7.98 x 17.4 x 17.8 x 16.8 x 16.3 x
EV / FCF 16.6 x 24 x 25.3 x 7.35 x 17.3 x 22.6 x 23.8 x 24.1 x
FCF Yield 6.01% 4.17% 3.96% 13.6% 5.79% 4.42% 4.21% 4.15%
Price to Book 6.03 x 6.05 x 6.43 x 5.16 x 7.66 x 7.81 x 7.56 x 7.54 x
Nbr of stocks (in thousands) 170,301 169,266 169,404 159,136 145,389 141,252 - -
Reference price 2 78.02 95.11 134.3 103.9 127.2 125.3 125.3 125.3
Announcement Date 2/18/20 2/16/21 2/22/22 2/21/23 2/20/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,175 10,116 16,524 17,071 9,300 9,010 9,414 9,775
EBITDA 1 817.6 997.4 1,961 1,882 1,008 941.3 991 1,029
EBIT 1 766.7 940.4 1,909 1,824 939.9 874.8 906.1 953.8
Operating Margin 9.38% 9.3% 11.56% 10.69% 10.11% 9.71% 9.63% 9.76%
Earnings before Tax (EBT) 1 795.8 956.6 1,925 1,836 1,015 929.6 954.9 1,004
Net income 1 590.4 696.1 1,415 1,357 752.9 686.7 705 742.1
Net margin 7.22% 6.88% 8.57% 7.95% 8.1% 7.62% 7.49% 7.59%
EPS 2 3.390 4.070 8.270 8.260 5.010 4.899 5.221 5.681
Free Cash Flow 1 724.9 607.5 832.2 2,043 1,014 741.8 702.6 697
FCF margin 8.87% 6% 5.04% 11.97% 10.9% 8.23% 7.46% 7.13%
FCF Conversion (EBITDA) 88.66% 60.91% 42.45% 108.56% 100.61% 78.81% 70.9% 67.73%
FCF Conversion (Net income) 122.78% 87.26% 58.8% 150.5% 134.67% 108.03% 99.66% 93.92%
Dividend per Share 2 1.000 1.040 1.160 1.340 1.380 1.424 1.490 1.902
Announcement Date 2/18/20 2/16/21 2/22/22 2/21/23 2/20/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 5,396 4,664 4,603 4,362 3,442 2,593 2,240 2,190 2,278 2,207 2,213 2,279 2,373 2,311 2,200
EBITDA 1 636.4 474.7 520.2 542.1 344.6 291.2 264 231.7 220.8 229.9 233.8 242.6 240.6 233 236.6
EBIT 1 623.5 461.8 506 526.9 329.7 276 248.5 216.1 199.4 214.8 219.7 224.4 221.4 221 220
Operating Margin 11.55% 9.9% 10.99% 12.08% 9.58% 10.64% 11.09% 9.87% 8.75% 9.73% 9.92% 9.84% 9.33% 9.56% 10%
Earnings before Tax (EBT) 1 625.8 471.2 508.8 534.9 321 300.6 266.2 231.9 216.4 233.2 233.8 234.2 233.3 239.1 235.4
Net income 1 452.8 346.1 377.8 414.2 219.3 226 196.8 171.4 158.7 169.2 173.1 174.9 173.1 168.1 172.8
Net margin 8.39% 7.42% 8.21% 9.5% 6.37% 8.72% 8.79% 7.82% 6.97% 7.67% 7.82% 7.67% 7.29% 7.27% 7.85%
EPS 2 2.660 2.070 2.270 2.540 1.380 1.470 1.300 1.160 1.090 1.180 1.225 1.261 1.262 1.215 1.283
Dividend per Share 2 0.5800 - 0.6700 - 0.6700 - 0.6900 - 0.6900 - 0.7300 - 0.7300 - -
Announcement Date 2/22/22 5/3/22 8/2/22 11/8/22 2/21/23 5/2/23 8/8/23 11/7/23 2/20/24 5/7/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 1,230 1,528 1,729 1,516 985 914 1,010 919
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 725 607 832 2,043 1,014 742 703 697
ROE (net income / shareholders' equity) 28.2% 28.7% 46% 41.1% 27.4% 30.8% 32.9% 31.9%
ROA (Net income/ Total Assets) 16.9% 16.2% 22.6% 20.6% 14.9% 15.7% 16.5% 15.7%
Assets 1 3,503 4,310 6,269 6,600 5,057 4,374 4,269 4,727
Book Value Per Share 2 12.90 15.70 20.90 20.20 16.60 16.00 16.60 16.60
Cash Flow per Share 2 4.430 3.830 5.070 13.00 7.010 5.810 5.710 5.690
Capex 1 47 47.5 36.2 86.8 39.3 51.1 53.4 50.4
Capex / Sales 0.58% 0.47% 0.22% 0.51% 0.42% 0.57% 0.57% 0.52%
Announcement Date 2/18/20 2/16/21 2/22/22 2/21/23 2/20/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
17
Last Close Price
125.3 USD
Average target price
110.7 USD
Spread / Average Target
-11.63%
Consensus
  1. Stock Market
  2. Equities
  3. EXPD Stock
  4. Financials Expeditors International of Washington Inc.