Expeditors International (EXPD) stock
Industrials · Air Freight & Logistics
Expeditors International (EXPD) is an Air Freight & Logistics company in the Industrials sector, headquartered in Seattle, Washington. As of October 23, 2026, EXPD closed at $196.21, a market capitalization of $25.51 billion, the 356th largest company in the S&P 500. Over the last twelve months it generated $12.04 billion in revenue (+32% year over year) and $923.86 million in free cash flow. The stock trades at 28.6x trailing earnings and 24.2x forward earnings.
- 1-year total return: +67.4% (dividends reinvested)
- 5-year return: +11.1% a year
- 52-week range: $117.45 – $200.66
- Gross margin 13.5%, operating margin 10.7%
- Dividend yield: 0.83%, 31 straight years of increases
- FI Handbook report card: B- across 10 metrics
- 56th largest of 83 Industrials stocks in the S&P 500
EXPD price chart
1Y price change: +65.6% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| EXPD | +4.4% | +32.4% | +67.4% | +21.4% | +11.1% | +16.1% | +19.1% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1984.
EXPD key statistics
- Market cap
- $25.5B
- #356 in S&P 500
- P/E (TTM)
- 28.6x
- Forward P/E
- 24.2x
- EPS (TTM)
- $6.87
- Revenue (TTM)
- $12.0B
- +32%
- Free cash flow
- $923.9M
- Gross margin
- 13.5%
- Operating margin
- 10.7%
- Return on equity
- 42.7%
- Dividend yield
- 0.83%
- 52-week range
- $117.45 – $200.66
- Beta
- 1.06
- Price / sales
- 2.1x
- EV / EBITDA
- 19.8x
- Debt / equity
- 0.27x
- Employees
- 20,389
EXPD report card
B-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth32.1%A
- Gross margin13.5%F
- Operating margin10.7%C
- FCF margin7.7%D
- Return on equity42.7%A
- Net debt / EBITDA-0.4xA
- Forward P/E24.2xC
- PEG ratio3.0xD
- Shareholder yield3.4%B
- Share count change / yr-4.4%A
Expeditors International of Was financials
Revenue went from $6.1B in fiscal 2016 to $11.1B in fiscal 2025, growing 6.8% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.1B | $6.9B | $8.1B | $7.9B | $9.6B | $16.5B | $17.1B | $9.3B | $10.6B | $11.1B |
| Operating income | $670.2M | $700.3M | $796.6M | $766.7M | $940.4M | $1.9B | $1.8B | $939.9M | $1.0B | $1.1B |
| Net income | $430.8M | $489.3M | $618.2M | $590.4M | $696.1M | $1.4B | $1.4B | $752.9M | $810.1M | $810.3M |
| EPS (diluted) | $2.36 | $2.69 | $3.48 | $3.39 | $4.07 | $8.27 | $8.26 | $5.01 | $5.72 | $5.95 |
| Free cash flow | $470.2M | $393.6M | $525.3M | $724.7M | $607.4M | $832.2M | $2.0B | $1.0B | $682.9M | $953.4M |
| Buybacks | $337.7M | $478.3M | $647.9M | $389.1M | $332.4M | $514.6M | $1.6B | $1.4B | $855.1M | $667.3M |
| Dividends paid | $145.1M | $150.5M | $156.8M | $170.6M | $174.9M | $195.8M | $213.8M | $202.0M | $204.1M | $207.4M |
| Diluted shares | 182.7M | 181.7M | 177.8M | 174.2M | 170.9M | 171.3M | 164.4M | 150.2M | 141.7M | 136.2M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into EXPD?
A reverse DCF asks what growth the current price requires. With an enterprise value of $25.0B and $923.9M of trailing free cash flow, Expeditors International of Was needs to grow free cash flow about 18.3% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 9.4% a year over the last five years.
P/E ratio history
Current 33.0x vs. median 24.7x (10th–90th percentile 16.9x–31.5x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
EXPD dividend
- Dividend yield
- 0.83%
- Annual dividend
- $1.62
- Years of increases
- 31
- 5-yr dividend growth
- 8.2%
- per year
- Payout ratio
- 23%
- Payments per year
- 2
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
EXPD earnings
Next report: November 3, 2026. Expeditors International of Was has beaten EPS estimates 8 quarters in a row. Last quarter's revenue was $3.5B (+32% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 4, 2026 | $1.69 | $2.03 | +19.9% |
| May 5, 2026 | $1.34 | $1.71 | +27.8% |
| Feb 24, 2026 | $1.46 | $1.49 | +2.4% |
| Nov 4, 2025 | $1.39 | $1.64 | +18.1% |
| Aug 5, 2025 | $1.24 | $1.34 | +7.9% |
| May 6, 2025 | $1.37 | $1.47 | +7.5% |
| Feb 18, 2025 | $1.43 | $1.68 | +17.1% |
| Nov 5, 2024 | $1.33 | $1.63 | +23.0% |
Stocks like EXPD
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 UPS United Parcel Service | -0.45% | +24% | $86.0B | 18.8x | Compare |
 FDX FedEx | -1.71% | +58% | $70.7B | 16.1x | Compare |
 CHRW C.H. Robinson Worldwide | -0.80% | +14% | $16.3B | 26.9x | Compare |
 CAT Caterpillar | -2.42% | +33% | $315.8B | 29.6x | Compare |
 GE GE Aerospace | -2.69% | -6% | $296.4B | 32.6x | Compare |
 RTX RTX | -1.90% | +8% | $257.8B | 31.1x | Compare |
 GEV GE Vernova | -1.50% | +37% | $217.1B | 23.4x | Compare |
 DE Deere & | +0.39% | +39% | $174.2B | 35.9x | Compare |
EXPD news
- Expeditors Analyst Meeting Seen as Catalyst as AI Data Centers Drive Airfreight, UBS Says · Oct 23, 2026
- Earnings Preview: What to Expect From Expeditors International‘s Report · Oct 20, 2026
- Expeditors International of Washington, Inc. (EXPD) Hits Fresh High: Is There Still Room to Run? · Oct 12, 2026
- OMAB vs. EXPD: Which Stock Should Value Investors Buy Now? · Oct 8, 2026
- 1 Unpopular Stock That Should Get More Attention and 2 We Find Risky · Oct 7, 2026
EXPD stock FAQ
What is EXPD's market cap?
Expeditors International's market capitalization is $25.51 billion as of October 23, 2026, ranking 356th in the S&P 500.
What is EXPD's P/E ratio?
EXPD trades at a trailing price-to-earnings ratio of 28.6x and a forward P/E of 24.2x. Its median P/E over the period we track is 24.7x.
Does EXPD pay a dividend?
Yes. Expeditors International pays $1.62 per share a year, a 0.83% yield. It has raised its dividend 31 years in a row. Dividends grew 8.2% a year over the last five years.
How much has EXPD stock returned?
Including reinvested dividends, EXPD returned +67.4% over one year, +11.1% a year over five years, +16.1% a year over ten years through October 23, 2026.
Is EXPD stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Expeditors International must grow free cash flow about 18% a year for the next decade. Its free cash flow grew 9% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
When does EXPD report earnings?
Expeditors International is expected to report earnings on November 3, 2026. It has beaten EPS estimates 8 quarters in a row.
How many employees does Expeditors International have?
Expeditors International has about 20,389 full-time employees, or $590,318 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology