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Expeditors International of Washington

Market Cap

US$19.5b

Last Updated

2021/05/12 23:13 UTC

Data Sources

Company Financials +

Executive Summary

Expeditors International of Washington, Inc. More Details


Snowflake Analysis

Outstanding track record with flawless balance sheet and pays a dividend.


Similar Companies

Share Price & News

How has Expeditors International of Washington's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EXPD is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: EXPD's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

1.8%

EXPD

-1.8%

US Logistics

-2.8%

US Market


1 Year Return

57.6%

EXPD

102.2%

US Logistics

49.4%

US Market

Return vs Industry: EXPD underperformed the US Logistics industry which returned 102.3% over the past year.

Return vs Market: EXPD exceeded the US Market which returned 48.6% over the past year.


Shareholder returns

EXPDIndustryMarket
7 Day1.8%-1.8%-2.8%
30 Day5.5%11.1%-2.3%
90 Day20.5%19.1%-1.3%
1 Year59.6%57.6%106.1%102.2%51.8%49.4%
3 Year67.0%60.7%61.6%51.9%57.5%47.6%
5 Year159.7%142.4%129.4%105.3%121.7%97.1%

Long-Term Price Volatility Vs. Market

How volatile is Expeditors International of Washington's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Expeditors International of Washington undervalued compared to its fair value and its price relative to the market?

4.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EXPD ($115.53) is trading below our estimate of fair value ($121.47)

Significantly Below Fair Value: EXPD is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: EXPD is good value based on its PE Ratio (22.6x) compared to the US Logistics industry average (28.7x).

PE vs Market: EXPD is poor value based on its PE Ratio (22.6x) compared to the US market (19.9x).


Price to Earnings Growth Ratio

PEG Ratio: EXPD's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: EXPD is overvalued based on its PB Ratio (6.8x) compared to the US Logistics industry average (3.4x).


Future Growth

How is Expeditors International of Washington forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

-2.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EXPD's earnings are forecast to decline over the next 3 years (-2.7% per year).

Earnings vs Market: EXPD's earnings are forecast to decline over the next 3 years (-2.7% per year).

High Growth Earnings: EXPD's earnings are forecast to decline over the next 3 years.

Revenue vs Market: EXPD's revenue (0.7% per year) is forecast to grow slower than the US market (8.8% per year).

High Growth Revenue: EXPD's revenue (0.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EXPD's Return on Equity is forecast to be high in 3 years time (26.1%)


Past Performance

How has Expeditors International of Washington performed over the past 5 years?

11.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EXPD has high quality earnings.

Growing Profit Margin: EXPD's current net profit margins (7.4%) are higher than last year (7.1%).


Past Earnings Growth Analysis

Earnings Trend: EXPD's earnings have grown by 11.6% per year over the past 5 years.

Accelerating Growth: EXPD's earnings growth over the past year (50.3%) exceeds its 5-year average (11.6% per year).

Earnings vs Industry: EXPD earnings growth over the past year (50.3%) exceeded the Logistics industry 20.4%.


Return on Equity

High ROE: EXPD's Return on Equity (30%) is considered high.


Financial Health

How is Expeditors International of Washington's financial position?


Financial Position Analysis

Short Term Liabilities: EXPD's short term assets ($4.5B) exceed its short term liabilities ($2.2B).

Long Term Liabilities: EXPD's short term assets ($4.5B) exceed its long term liabilities ($381.3M).


Debt to Equity History and Analysis

Debt Level: EXPD is debt free.

Reducing Debt: EXPD has not had any debt for past 5 years.

Debt Coverage: EXPD has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: EXPD has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Expeditors International of Washington current dividend yield, its reliability and sustainability?

1.00%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 13 2021Ex Dividend DateMay 28 2021Dividend Pay DateJun 15 202118 days from Ex DividendBuy in the next 15 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: EXPD's dividend (1%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.25%).

High Dividend: EXPD's dividend (1%) is low compared to the top 25% of dividend payers in the US market (3.43%).


Stability and Growth of Payments

Stable Dividend: EXPD's dividends per share have been stable in the past 10 years.

Growing Dividend: EXPD's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.3%), EXPD's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EXPD's dividends in 3 years are forecast to be well covered by earnings (23.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.9yrs

Average management tenure


CEO

Jeff Musser (54 yo)

7.42yrs

Tenure

US$7,405,851

Compensation

Mr. Jeffrey S. Musser, also known as Jeff, has been the Chief Executive Officer and President of Expeditors International of Washington, Inc. since December 19, 2013. Mr. Musser served as Chief Information...


CEO Compensation Analysis

Compensation vs Market: Jeff's total compensation ($USD7.41M) is below average for companies of similar size in the US market ($USD11.16M).

Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: EXPD's management team is seasoned and experienced (6.9 years average tenure).


Board Members

Experienced Board: EXPD's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: EXPD insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Expeditors International of Washington, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Expeditors International of Washington, Inc.
  • Ticker: EXPD
  • Exchange: NasdaqGS
  • Founded: 1979
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: US$19.511b
  • Shares outstanding: 168.89m
  • Website: https://www.expeditors.com

Number of Employees


Location

  • Expeditors International of Washington, Inc.
  • 1015 Third Avenue
  • Seattle
  • Washington
  • 98104
  • United States

Listings


Biography

Expeditors International of Washington, Inc. provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. The company offers airfreight services, such as...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/12 23:13
End of Day Share Price2021/05/12 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.