MARKETS / NYSE / EXPD

NYSE · ARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO · LARGE CAP

Expeditors International of Washington Inc. EXPD

19 fiscal years on record · USD · FY2025 reported · SEC filings only

18 YEARS OF DIVIDEND GROWTH

Revenue

$11.1B

▲ 4.4% YoY

Net income

$810.3M

▲ 0.0% YoY

Free cash flow

$953.4M

▲ 39.6% YoY

In brief

What this company does

Expeditors International of Washington, Inc. provides a full suite of global logistics services, offering customers access to an international network of people and integrated information systems to support the movement and strategic positioning of goods. As a third-party logistics provider, the company purchases cargo space from carriers such as airlines, ocean shipping lines and trucking lines on a volume basis and resells that space to its customers. At December 31, 2025, Expeditors employed approximately 20,000 people, of which approximately 13,000 were employed in international locations. Expeditors' primary services are Airfreight Services, Ocean Freight and Ocean Services, and Customs Brokerage and Other Services. Airfreight services accounted for approximately 36% of Expeditors' total revenues in 2025. Ocean freight services accounted for approximately 25% of Expeditors' total revenues in 2025. Customs brokerage and other services accounted for approximately 39% of Expeditors' total revenues in 2025.

Written from the business description in EXPEDITORS INTERNATIONAL OF WASHINGTON INC's annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.

Growth

USD 11.1B

Revenue, FY2025 · full 19-year series below

Revenue $B Net income $B

FY2025 · Revenue 11.1 · Net income 0.8

Compound annual growth

Revenue

−13.4%

+2.9%

+5.3%

+4.2%

Net income

−15.8%

+3.1%

+5.9%

EPS, diluted

−10.4%

+7.9%

+9.5%

+9.2%

Dividend / share

+4.7%

+8.2%

+7.9%

+9.4%

Returned to shareholders

−21.3%

+11.5%

+1.3%

+6.7%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +2.9% a year over five years — but profit grew faster: net income at +3.1%, earnings per share at +7.9%.

The share count fell from 0.17B to 0.13B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

7 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 9.5% · Net 7.3%

ROE

FY2025 · ROE 35.4%

Gross margin33.1%

Operating margin9.5%

Net margin7.3%

Return on assets16.8%

EBITDAUSD 1.1B

Each USD of equity produced 35 cents of profit this year.

Cash & shareholders

USD 874.7M

returned in FY2025 · dividends + net buybacks

Free cash flow $B

FY2025 · FCF 1.0

Net buybacks $B Dividends $B

FY2025 · Dividends 0.2 · Net buybacks 0.7

Dividends paidUSD 207.4M

Net buybacksUSD 667.3M

Share of profit107.9%

Consecutive raises18 years

USD 207.4M in dividends and USD 667.3M in buybacks — 108% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 4.9B

EquityUSD 2.4B

CashUSD 1.3B

Current ratio1.81×

Equity funds 48% of total assets.

The 19-year record

19 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue $B	11.1	10.6	9.3	17.1	16.5	9.6	7.9	8.1	6.9	6.1	6.6	6.6	6.1	6.0	6.2	6.0	4.1	5.6	5.2
Operating income $B	1.1	1.0	0.9	1.8	1.9	0.9	0.8	0.8	0.7	0.7	0.7	0.6	0.6	0.5	0.6	0.5	0.4	0.5	0.4
EBITDA $B	1.1	1.1	1.0	1.9	2.0	1.0	0.8	0.9	0.7	0.7	0.8	0.6	0.6	0.6	0.7	·	·	·	·
Income tax $B	0.3	0.3	0.3	0.5	0.5	0.3	0.2	0.2	0.2	0.3	0.3	0.2	0.2	0.2	0.3	0.2	0.2	0.2	0.2
Net income $B	0.8	0.8	0.8	1.4	1.4	0.7	0.6	0.6	0.5	0.4	0.5	0.4	0.3	0.3	0.4	0.3	0.2	0.3	0.3
Free cash flow $B	1.0	0.7	1.0	2.0	0.8	0.6	0.7	0.5	0.4	0.5	0.5	0.4	0.4	0.3	0.4	0.4	0.3	0.3	0.2
EPS, diluted $	5.95	5.72	5.01	8.26	8.27	4.07	3.39	3.48	2.69	2.36	2.40	1.92	1.68	1.57	1.79	1.59	1.11	1.37	1.21
Dividend / sh $	1.54	1.46	1.38	1.34	1.16	1.04	1.00	0.90	0.84	0.80	0.72	0.64	0.60	0.56	0.50	0.40	0.38	0.32	0.28
Payout %	26	25	27	16	14	25	29	25	31	34	30	33	35	35	27	25	34	23	22
ROE %	35.4	35.1	27.4	41.1	46.0	28.7	28.2	31.1	25.5	24.4	25.7	19.1	16.9	16.5	20.6	20.9	16.5	22.0	·
Shares out B	0.13	0.14	0.14	0.15	0.17	0.17	0.17	0.17	0.18	0.18	0.18	0.19	0.20	0.21	0.21	0.21	0.21	0.21	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Expeditors International of Washington Inc.vsBooking Holdings Inc.Same industry: Arrangement of Transportation of Freight & Cargo Expeditors International of Washington Inc.vsC. H. Robinson Worldwide, Inc.Same industry: Arrangement of Transportation of Freight & Cargo Expeditors International of Washington Inc.vsExpedia Group, Inc.Same industry: Arrangement of Transportation of Freight & Cargo Expeditors International of Washington Inc.vsGXO Logistics, Inc.Same industry: Arrangement of Transportation of Freight & Cargo Expeditors International of Washington Inc.vsXpo, Inc.Same industry: Arrangement of Transportation of Freight & Cargo Expeditors International of Washington Inc.vsRxo, Inc.Same industry: Arrangement of Transportation of Freight & Cargo Expeditors International of Washington Inc.vsBrinks Co.Same industry: Arrangement of Transportation of Freight & Cargo

Provenance

Company facts, as filed

How we verify · 0 failures in 74 reconciliationsAUDITED

Reconciled in 19 of 19 fiscal years. 12 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityArrangement of Transportation of Freight & Cargo

Listed onNYSE

Incorporated inWashington

Fiscal year endsDecember 31

Data on record since2007