Expeditors International of Washington Inc.

EXPD ·Industrials, Integrated Freight & Logistics, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $11.07B $10.60B $9.30B $17.07B $16.53B $9.58B $8.18B
Airfreight Services $3.46B $6.37B $6.76B $3.10B
Ocean Freight and Ocean Services $2.88B $6.10B $5.53B $2.28B
Customs Brokerage and Other Services $2.97B $4.60B $4.24B $2.80B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $1.05B $1.04B $939.9M $1.82B $1.91B $940.4M $766.7M
Operating Margin 9.5% 9.8% 10.1% 10.7% 11.6% 9.8% 9.4%
Interest Expense $4.8M $23.3M $411.0K $219.0K
Pretax Income $1.09B $1.09B $1.02B $1.84B $1.92B $956.6M $795.8M
Income Tax Expense $282.0M $283.2M $263.2M $475.3M $505.8M $258.4M $203.8M
Net Income $810.3M $810.1M $752.9M $1.36B $1.42B $696.1M $590.4M
Net Margin 7.3% 7.6% 8.1% 7.9% 8.6% 7.3% 7.2%
EPS (Basic) $5.97 $5.75 $5.05 $8.33 $8.37 $4.14 $3.45
EPS (Diluted) $5.95 $5.72 $5.01 $8.26 $8.27 $4.07 $3.39
Shares Outstanding (Basic) 133.5M 135.8M 141.0M 149.1M 163.0M 169.1M 168.3M 170.9M
Shares Outstanding (Diluted) 133.5M 136.2M 141.7M 150.2M 164.4M 171.3M 170.9M 174.2M
Dividends Per Share $1.54 $1.46 $1.38 $1.34 $1.16 $1.04 $1.00
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