EXPEDITORS INTL WASH INC (EXPD)
US3021301094 - Common Stock
Overall EXPD gets a fundamental rating of 7 out of 10. We evaluated EXPD against 20 industry peers in the Air Freight & Logistics industry. EXPD gets an excellent profitability rating and is at the same time showing great financial health properties. EXPD has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year EXPD was profitable.
EXPD had a positive operating cash flow in the past year.
EXPD had positive earnings in each of the past 5 years.
Each year in the past 5 years EXPD had a positive operating cash flow.
1.2 Ratios
EXPD's Return On Assets of 14.17% is amongst the best of the industry. EXPD outperforms 94.74% of its industry peers.
The Return On Equity of EXPD (31.10%) is better than 89.47% of its industry peers.
EXPD's Return On Invested Capital of 24.91% is amongst the best of the industry. EXPD outperforms 89.47% of its industry peers.
EXPD had an Average Return On Invested Capital over the past 3 years of 33.11%. This is significantly above the industry average of 13.88%.
The last Return On Invested Capital (24.91%) for EXPD is well below the 3 year average (33.11%), which needs to be investigated, but indicates that EXPD had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.17% | ||
| ROE | 31.1% | ||
| ROIC | 24.91% |
ROA(3y)19.84%
ROA(5y)17.92%
ROE(3y)38.54%
ROE(5y)33.73%
ROIC(3y)33.11%
ROIC(5y)28.96%
1.3 Margins
EXPD has a Profit Margin of 7.39%. This is amongst the best in the industry. EXPD outperforms 94.74% of its industry peers.
In the last couple of years the Profit Margin of EXPD has remained more or less at the same level.
With an excellent Operating Margin value of 9.47%, EXPD belongs to the best of the industry, outperforming 94.74% of the companies in the same industry.
In the last couple of years the Operating Margin of EXPD has remained more or less at the same level.
EXPD has a Gross Margin of 32.68%. This is in the better half of the industry: EXPD outperforms 73.68% of its industry peers.
EXPD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.47% | ||
| PM (TTM) | 7.39% | ||
| GM | 32.68% |
OM growth 3Y1%
OM growth 5Y0.63%
PM growth 3Y3.69%
PM growth 5Y1.29%
GM growth 3Y4.54%
GM growth 5Y1.63%
2. Health
2.1 Basic Checks
EXPD has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
EXPD has less shares outstanding than it did 1 year ago.
The number of shares outstanding for EXPD has been reduced compared to 5 years ago.
EXPD has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 7.21 indicates that EXPD is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 7.21, EXPD belongs to the top of the industry, outperforming 89.47% of the companies in the same industry.
EXPD has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 7.21 |
ROIC/WACC2.75
WACC9.05%
2.3 Liquidity
A Current Ratio of 1.72 indicates that EXPD should not have too much problems paying its short term obligations.
EXPD has a Current ratio of 1.72. This is in the better half of the industry: EXPD outperforms 78.95% of its industry peers.
EXPD has a Quick Ratio of 1.72. This is a normal value and indicates that EXPD is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.72, EXPD belongs to the top of the industry, outperforming 84.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.72 |
3. Growth
3.1 Past
The earnings per share for EXPD have decreased by -4.47% in the last year.
Measured over the past 5 years, EXPD shows a small growth in Earnings Per Share. The EPS has been growing by 7.80% on average per year.
The Revenue has decreased by -5.16% in the past year.
Measured over the past years, EXPD shows a small growth in Revenue. The Revenue has been growing by 2.71% on average per year.
EPS 1Y (TTM)-4.47%
EPS 3Y7.58%
EPS 5Y7.8%
EPS Q2Q%31.45%
Revenue 1Y (TTM)-5.16%
Revenue growth 3Y-1%
Revenue growth 5Y2.71%
Sales Q2Q%36.99%
3.2 Future
Based on estimates for the next years, EXPD will show a small growth in Earnings Per Share. The EPS will grow by 5.73% on average per year.
EXPD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.87% yearly.
EPS Next Y7.41%
EPS Next 2Y3.85%
EPS Next 3Y4.83%
EPS Next 5Y5.73%
Revenue Next Year8.72%
Revenue Next 2Y4.7%
Revenue Next 3Y3.71%
Revenue Next 5Y3.87%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
EXPD is valuated rather expensively with a Price/Earnings ratio of 23.53.
EXPD's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 28.96. EXPD is around the same levels.
The Price/Forward Earnings ratio is 22.03, which indicates a rather expensive current valuation of EXPD.
EXPD's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. EXPD is cheaper than 63.16% of the companies in the same industry.
EXPD is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.53 | ||
| Fwd PE | 22.03 |
4.2 Price Multiples
EXPD's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of EXPD indicates a somewhat cheap valuation: EXPD is cheaper than 68.42% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.59 | ||
| EV/EBITDA | 15.5 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates EXPD does not grow enough to justify the current Price/Earnings ratio.
EXPD has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.18
PEG (5Y)3.02
EPS Next 2Y3.85%
EPS Next 3Y4.83%
5. Dividend
5.1 Amount
EXPD has a Yearly Dividend Yield of 1.21%. Purely for dividend investing, there may be better candidates out there.
EXPD's Dividend Yield is a higher than the industry average which is at 2.65.
Compared to an average S&P500 Dividend Yield of 2.23, EXPD's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
5.2 History
The dividend of EXPD is nicely growing with an annual growth rate of 8.50%!
EXPD has paid a dividend for at least 10 years, which is a reliable track record.
EXPD has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.5%
Div Incr Years27
Div Non Decr Years30
5.3 Sustainability
27.61% of the earnings are spent on dividend by EXPD. This is a low number and sustainable payout ratio.
EXPD's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP27.61%
EPS Next 2Y3.85%
EPS Next 3Y4.83%
EXPEDITORS INTL WASH INC
NYSE:EXPD (11/21/2024, 8:25:39 PM)
Premarket: 118.7 -2 (-1.66%)120.7
+1.77 (+1.49%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap16.90B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.53 | ||
| Fwd PE | 22.03 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)3.18
PEG (5Y)3.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.17% | ||
| ROE | 31.1% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 9.47% | ||
| PM (TTM) | 7.39% | ||
| GM | 32.68% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.72 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-4.47%
EPS 3Y7.58%
EPS 5Y
EPS Q2Q%
EPS Next Y7.41%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-5.16%
Revenue growth 3Y-1%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y