Expeditors International of Washington, Inc.

NYSE:EXPD Stock Report

Market Cap: US$15.6b

Expeditors International of Washington Valuation

Is EXPD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of EXPD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EXPD ($111.48) is trading below our estimate of fair value ($132.27)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EXPD?

Key metric: As EXPD is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for EXPD. This is calculated by dividing EXPD's market cap by their current earnings.
What is EXPD's PE Ratio?
PE Ratio21.3x
EarningsUS$732.91m
Market CapUS$15.60b

Price to Earnings Ratio vs Peers

How does EXPD's PE Ratio compare to its peers?

The above table shows the PE ratio for EXPD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.2x
CHRW C.H. Robinson Worldwide
35.5x16.9%US$12.3b
ZTO ZTO Express (Cayman)
13.5x12.3%US$15.9b
FDX FedEx
17.1x13.2%US$66.4b
GXO GXO Logistics
46.9x44.7%US$5.0b
EXPD Expeditors International of Washington
21.3x2.4%US$15.6b

Price-To-Earnings vs Peers: EXPD is good value based on its Price-To-Earnings Ratio (21.3x) compared to the peer average (28.2x).

Price to Earnings Ratio vs Industry

How does EXPD's PE Ratio compare vs other companies in the Global Logistics Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
EXPD 21.3xIndustry Avg. 16.8xNo. of Companies33PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EXPD is expensive based on its Price-To-Earnings Ratio (21.3x) compared to the Global Logistics industry average (16.8x).

Price to Earnings Ratio vs Fair Ratio

What is EXPD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EXPD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.3x
Fair PE Ratio15.4x

Price-To-Earnings vs Fair Ratio: EXPD is expensive based on its Price-To-Earnings Ratio (21.3x) compared to the estimated Fair Price-To-Earnings Ratio (15.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst EXPD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$111.48
US$116.47
+4.5%
9.6%US$131.00US$86.00n/a15
Dec ’25US$121.64
US$117.00
-3.8%
9.6%US$131.00US$86.00n/a15
Nov ’25US$119.06
US$115.80
-2.7%
10.5%US$137.00US$85.00n/a15
Oct ’25US$128.26
US$116.00
-9.6%
10.4%US$137.00US$85.00n/a14
Sep ’25US$123.41
US$116.00
-6.0%
10.4%US$137.00US$85.00n/a14
Aug ’25US$126.48
US$114.86
-9.2%
11.1%US$137.00US$83.00n/a14
Jul ’25US$120.87
US$110.71
-8.4%
10.4%US$131.00US$83.00n/a14
Jun ’25US$120.90
US$110.36
-8.7%
9.9%US$126.00US$83.00n/a14
May ’25US$111.99
US$107.07
-4.4%
9.8%US$126.00US$84.00n/a15
Apr ’25US$119.07
US$107.00
-10.1%
9.5%US$126.00US$84.00n/a15
Mar ’25US$120.64
US$106.60
-11.6%
8.5%US$121.00US$84.00n/a15
Feb ’25US$123.69
US$107.44
-13.1%
9.5%US$128.00US$84.00n/a16
Jan ’25US$127.20
US$105.59
-17.0%
9.0%US$121.00US$84.00n/a17
Dec ’24US$120.09
US$105.29
-12.3%
8.8%US$120.00US$84.00US$121.6417
Nov ’24US$109.92
US$106.59
-3.0%
8.7%US$120.00US$85.00US$119.0617
Oct ’24US$114.63
US$106.71
-6.9%
8.5%US$120.00US$86.00US$128.2617
Sep ’24US$116.37
US$106.71
-8.3%
8.5%US$120.00US$86.00US$123.4117
Aug ’24US$125.47
US$103.00
-17.9%
8.0%US$120.00US$84.00US$126.4816
Jul ’24US$121.13
US$101.07
-16.6%
7.6%US$120.00US$85.00US$120.8715
Jun ’24US$111.48
US$102.13
-8.4%
8.5%US$120.00US$85.00US$120.9016
May ’24US$116.47
US$99.73
-14.4%
8.8%US$120.00US$86.00US$111.9915
Apr ’24US$110.12
US$100.29
-8.9%
8.8%US$120.00US$87.00US$119.0714
Mar ’24US$105.38
US$99.87
-5.2%
8.8%US$120.00US$87.00US$120.6415
Feb ’24US$113.66
US$100.67
-11.4%
9.3%US$120.00US$90.00US$123.6915
Jan ’24US$103.92
US$103.07
-0.8%
10.9%US$122.00US$88.00US$127.2015
Dec ’23US$115.25
US$101.86
-11.6%
10.4%US$122.00US$88.00US$120.0914

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:13
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Expeditors International of Washington, Inc. is covered by 40 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Donald BroughtonAvondale Partners
Ishan MajumdarBaptista Research
Brandon OglenskiBarclays