Expeditors International of Washington Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.14B | $6.92B | $6.07B | $6.62B | $6.56B | $6.08B | $5.99B | $6.15B |
| Airfreight Services | $3.37B | $2.80B | $2.42B | $2.64B | $2.63B | $2.46B | $2.53B | $2.68B |
| Ocean Freight and Ocean Services | $2.19B | $1.98B | $1.70B | $1.98B | $1.99B | $1.83B | $1.81B | $1.82B |
| Customs Brokerage and Other Services | $2.58B | $2.14B | $1.95B | $2.00B | $1.94B | $1.79B | $1.66B | $1.65B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | $1.82B | $1.90B |
| Gross Margin | — | — | — | — | — | — | 30.4% | 30.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $796.6M | $700.3M | $670.2M | $721.5M | $594.6M | $552.1M | $530.8M | $618.3M |
| Operating Margin | 9.8% | 10.1% | 11.0% | 10.9% | 9.1% | 9.1% | 8.9% | 10.0% |
| Interest Expense | — | — | — | — | — | — | $1.3M | $970.0K |
| Pretax Income | $818.3M | $718.6M | $686.9M | $736.7M | $610.9M | $572.6M | $550.4M | $638.0M |
| Income Tax Expense | $198.5M | $228.2M | $254.3M | $277.2M | $231.4M | $222.6M | $217.4M | $251.8M |
| Net Income | $618.2M | $489.3M | $430.8M | $457.2M | $376.9M | $348.5M | $333.4M | $385.7M |
| Net Margin | 7.6% | 7.1% | 7.1% | 6.9% | 5.7% | 5.7% | 5.6% | 6.3% |
| EPS (Basic) | $3.55 | $2.73 | $2.38 | $2.42 | $1.92 | $1.69 | $1.58 | $1.82 |
| EPS (Diluted) | $3.48 | $2.69 | $2.36 | $2.40 | $1.92 | $1.68 | $1.57 | $1.79 |
| Shares Outstanding (Basic) | 174.1M | 179.2M | 181.3M | 188.9M | 196.1M | 206.0M | 210.4M | 212.1M |
| Shares Outstanding (Diluted) | 177.8M | 181.7M | 182.7M | 190.2M | 196.8M | 206.9M | 211.9M | 215.0M |
| Dividends Per Share | $0.90 | $0.84 | $0.80 | $0.72 | $0.64 | $0.60 | $0.56 | $0.50 |