Expeditors International of Washington Inc.

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

Income Statement

Line Item FY2010 FY2009 FY2008 FY2007 FY2006
Revenue $5.97B $4.09B $5.62B $5.22B $4.63B
Airfreight Services $2.69B $2.49B $2.38B $2.19B
Ocean Freight and Ocean Services $1.76B $1.69B $1.50B $1.23B
Customs Brokerage and Other Services $1.52B $1.45B $1.34B $1.21B
Cost of Revenue
Gross Profit $1.69B $1.38B $1.60B
Gross Margin 28.4% 33.8% 28.5%
Operating Expenses
Research & Development
SG&A Expense
Operating Income $547.2M $385.0M $473.1M $423.4M
Operating Margin 9.2% 9.4% 8.4% 8.1%
Interest Expense $576.0K $499.0K $183.0K $-45.0K
Pretax Income $564.1M $402.9M $499.6M $449.7M
Income Tax Expense $219.9M $162.5M $196.6M $179.8M
Net Income $344.2M $240.2M $301.0M $269.2M
Net Margin 5.8% 5.9% 5.4% 5.2%
EPS (Basic) $1.62 $1.13 $1.41 $1.26
EPS (Diluted) $1.59 $1.11 $1.37 $1.21
Shares Outstanding (Basic) 212.3M 212.1M 212.8M 213.3M
Shares Outstanding (Diluted) 216.4M 216.5M 219.2M 221.8M
Dividends Per Share $0.40 $0.38 $0.32 $0.28
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