Expeditors International of Washington
Market Cap
US$12.8b
Last Updated
2019/10/23 23:35 UTC
Data Sources
Company Financials +
Executive Summary
Expeditors International of Washington, Inc.
Snowflake
Fundamentals
Flawless balance sheet with solid track record 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
Market Performance
7 Day Return
0.7%
EXPD
1.2%
US Logistics
0.07%
US Market
1 Year Return
16.7%
EXPD
-4.9%
US Logistics
8.9%
US Market
Return vs Industry: EXPD exceeded the US Logistics industry which returned -4.9% over the past year.
Return vs Market: EXPD exceeded the US Market which returned 8.9% over the past year.
Shareholder returns
| EXPD | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.7% | 1.2% | 0.07% |
| 30 Day | 3.3% | -0.4% | -0.3% |
| 90 Day | -0.6% | -0.9% | -1.6% |
| 1 Year | 18.2%16.7% | -2.7%-4.9% | 11.3%8.9% |
| 3 Year | 54.8%48.5% | 16.7%8.9% | 46.3%36.8% |
| 5 Year | 91.9%78.6% | 26.0%13.0% | 62.1%44.3% |
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
5 days ago | Simply Wall St
Why Expeditors International of Washington, Inc. (NASDAQ:EXPD) Should Be In Your Dividend Portfolio2 weeks ago | Simply Wall St
Boasting A 31% Return On Equity, Is Expeditors International of Washington, Inc. (NASDAQ:EXPD) A Top Quality Stock?4 weeks ago | Simply Wall St
Estimating The Intrinsic Value Of Expeditors International of Washington, Inc. (NASDAQ:EXPD)Valuation
Is Expeditors International of Washington undervalued compared to its fair value and its price relative to the market?
20.34x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: EXPD ($74.97) is trading above our estimate of fair value ($64.03)
Significantly Below Fair Value: EXPD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: EXPD is good value based on its PE Ratio (20.3x) compared to the Logistics industry average (23.1x).
PE vs Market: EXPD is poor value based on its PE Ratio (20.3x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: EXPD is poor value based on its PEG Ratio (5.1x)
Price to Book Ratio
PB vs Industry: EXPD is overvalued based on its PB Ratio (6.2x) compared to the US Logistics industry average (3x).
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Future Growth
How is Expeditors International of Washington forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
4.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EXPD's forecast earnings growth (4% per year) is above the savings rate (2.7%).
Earnings vs Market: EXPD's earnings (4% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: EXPD's earnings are forecast to grow, but not significantly.
Revenue vs Market: EXPD's revenue (4.5% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: EXPD's revenue (4.5% 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 (33.6%)
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Past Performance
How has Expeditors International of Washington performed over the past 5 years?
10.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: EXPD's earnings have grown by 10.8% per year over the past 5 years.
Accelerating Growth: EXPD's earnings growth over the past year (12.6%) exceeds its 5-year average (10.8% per year).
Earnings vs Industry: EXPD earnings growth over the past year (12.6%) exceeded the Logistics industry -9.9%.
Return on Equity
High ROE: EXPD's Return on Equity (31%) is considered high.
Return on Assets
ROA vs Industry: EXPD has a higher Return on Assets than the Logistics industry average last year.
Return on Capital Employed
ROCE Improving: EXPD's Return on Capital Employed has declined over the past 3 years.
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Financial Health
How is Expeditors International of Washington's financial position?
Financial Position Analysis
Short Term Liabilities: EXPD's short term assets ($2.7B) exceeds its short term liabilities ($1.3B)
Long Term Liabilities: EXPD's short term assets (2.7B) exceeds its long term liabilities (315.8M)
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
Inventory Level: EXPD has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if EXPD's debt is covered by short term assets.
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Dividend
What is Expeditors International of Washington's current dividend yield, its reliability and sustainability?
1.33%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: EXPD's dividend (1.33%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: EXPD's dividend (1.33%) is low compared to the top 25% of dividend payers in the US market (3.68%).
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 reasonably low payout ratio (25.8%), 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 (28.4% payout ratio).
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Management
What is the CEO of Expeditors International of Washington's salary, the management and board of directors tenure and is there insider trading?
5.0yrs
Average management tenure
CEO
Jeff Musser (53yo)
5.8yrs
Tenure
US$6,915,480
Compensation
Mr. Jeffrey S. Musser, also known as Jeff, has been the Chief Executive Officer and President of Expeditors International of Washington, Inc. since December 19, 2013. Mr. Musser served as Chief Information ...
CEO Compensation Analysis
Compensation vs. Market: Jeff's total compensation ($USD6.92M) is below average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.0yrs
Average Tenure
53yo
Average Age
Experienced Management: EXPD's management team is seasoned and experienced (5 years average tenure).
Board Age and Tenure
4.5yrs
Average Tenure
62yo
Average Age
Experienced Board: EXPD's board of directors are considered experienced (4.5 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Information Officer Senior VP & Chief Information Officer |
| Shares | 1,960 |
| Max Price | US$77.09 |
| Entity | Individual |
| Role | Senior Key Executive President of Global Products |
| Shares | 4,109 |
| Max Price | US$75.25 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 30,000 |
| Max Price | US$75.95 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 5,000 |
| Max Price | US$73.52 |
| Entity | Individual |
| Role | Chief Information Officer Senior VP & Chief Information Officer |
| Shares | 2,371 |
| Max Price | US$73.68 |
Ownership Breakdown
Management Team
Eugene Alger (58yo)
President of Global Services
- Tenure: 4.2yrs
- Compensation: US$4.30m
Brad Powell (58yo)
Senior VP & CFO
- Tenure: 11yrs
- Compensation: US$4.30m
Benjamin Clark (50yo)
Senior VP
- Tenure: 4.7yrs
Dan Wall (50yo)
President of Global Products
- Tenure: 4.3yrs
- Compensation: US$3.90m
Jeff Musser (53yo)
President
- Tenure: 5.8yrs
- Compensation: US$6.92m
Christopher McClincy (44yo)
Senior VP & Chief Information Officer
- Tenure: 5.7yrs
Rick Rostan (62yo)
President of Global Geographies & Operations
- Tenure: 2.7yrs
- Compensation: US$3.84m
Steven Grimmer
Senior Vice President of Account Management
- Tenure: 0yrs
J. Song
Senior Vice President of Global Sales & Marketing
- Tenure: 5.3yrs
Geoffrey Buscher
Director of Investor Relations
- Tenure: 0yrs
Board Members
Glenn Alger (62yo)
Non-Independent Director
- Tenure: 2.4yrs
- Compensation: US$264.97k
Liane Pelletier (61yo)
Independent Director
- Tenure: 6.4yrs
- Compensation: US$284.97k
Alain Monié (68yo)
Independent Director
- Tenure: 2.4yrs
- Compensation: US$264.97k
Diane Gulyas (62yo)
Independent Director
- Tenure: 3.9yrs
- Compensation: US$264.97k
Mark Emmert (66yo)
Independent Director
- Tenure: 11.4yrs
- Compensation: US$284.97k
Jeff Musser (53yo)
President
- Tenure: 5.8yrs
- Compensation: US$6.92m
Robert Wright (59yo)
Independent Chairman
- Tenure: 5.4yrs
- Compensation: US$439.97k
Rich McCune (73yo)
Independent Director
- Tenure: 5.2yrs
- Compensation: US$289.97k
Jim DuBois (55yo)
Independent Director
- Tenure: 3.4yrs
- Compensation: US$264.97k
Bob Carlile (63yo)
Independent Director
- Tenure: 0.4yrs
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$12.799b
- Shares outstanding: 170.72m
- Website: https://www.expeditors.com
Number of Employees
Location
- Expeditors International of Washington, Inc.
- 1015 Third Avenue
- 12th Floor
- Seattle
- Washington
- 98104
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EXPD | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Sep 1984 |
| EW1 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Sep 1984 |
| EXPD * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Sep 1984 |
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 23:35 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.