EXPEDITORS INTL WASH INC (EXPD) Stock Fundamental Analysis
NYSE:EXPD - New York Stock Exchange, Inc. - US3021301094 - Common Stock
Taking everything into account, EXPD scores 7 out of 10 in our fundamental rating. EXPD was compared to 21 industry peers in the Air Freight & Logistics industry. Both the health and profitability get an excellent rating, making EXPD a very profitable company, without any liquidiy or solvency issues. EXPD has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
EXPD had positive earnings in the past year.
EXPD had a positive operating cash flow in the past year.
Each year in the past 5 years EXPD has been profitable.
Each year in the past 5 years EXPD had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 14.17%, EXPD belongs to the best of the industry, outperforming 94.74% of the companies in the same industry.
The Return On Equity of EXPD (31.10%) is better than 89.47% of its industry peers.
With an excellent Return On Invested Capital value of 24.91%, EXPD belongs to the best of the industry, outperforming 94.74% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for EXPD is significantly above the industry average of 10.93%.
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's Profit Margin of 7.39% is amongst the best of the industry. EXPD outperforms 94.74% of its industry peers.
EXPD's Profit Margin has been stable in the last couple of years.
The Operating Margin of EXPD (9.47%) is better than 94.74% of its industry peers.
In the last couple of years the Operating Margin of EXPD has remained more or less at the same level.
Looking at the Gross Margin, with a value of 32.68%, EXPD is in the better half of the industry, outperforming 73.68% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), EXPD is creating value.
Compared to 1 year ago, EXPD has less shares outstanding
The number of shares outstanding for EXPD has been reduced compared to 5 years ago.
There is no outstanding debt for EXPD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
EXPD has an Altman-Z score of 6.97. This indicates that EXPD is financially healthy and has little risk of bankruptcy at the moment.
EXPD has a better Altman-Z score (6.97) than 84.21% of its industry peers.
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 | 6.97 |
ROIC/WACC2.69
WACC9.25%
2.3 Liquidity
EXPD has a Current 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.
EXPD has a better Current ratio (1.72) than 78.95% of its industry peers.
A Quick Ratio of 1.72 indicates that EXPD should not have too much problems paying its short term obligations.
EXPD's Quick ratio of 1.72 is amongst the best of the industry. EXPD outperforms 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.72 |
3. Growth
3.1 Past
EXPD shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.47%.
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.
Looking at the last year, EXPD shows a decrease in Revenue. The Revenue has decreased by -5.16% in the last 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
EXPD is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.36% yearly.
The Revenue is expected to grow by 4.83% on average over the next years.
EPS Next Y9.58%
EPS Next 2Y4.33%
EPS Next 3Y5.13%
EPS Next 5Y6.36%
Revenue Next Year11.23%
Revenue Next 2Y5.43%
Revenue Next 3Y4.46%
Revenue Next 5Y4.83%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
With a Price/Earnings ratio of 21.98, EXPD is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of EXPD is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 28.29, EXPD is valued a bit cheaper.
The Price/Forward Earnings ratio is 20.39, 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 68.42% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.44, EXPD is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.98 | ||
| Fwd PE | 20.39 |
4.2 Price Multiples
EXPD's Enterprise Value to EBITDA is on the same level as the industry average.
63.16% of the companies in the same industry are more expensive than EXPD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.71 | ||
| EV/EBITDA | 14.39 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
EXPD has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.29
PEG (5Y)2.82
EPS Next 2Y4.33%
EPS Next 3Y5.13%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.31%, EXPD has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.64, EXPD pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.31, EXPD pays less dividend than the S&P500 average, which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
5.2 History
On average, the dividend of EXPD grows each year by 8.50%, which is quite nice.
EXPD has paid a dividend for at least 10 years, which is a reliable track record.
EXPD has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.5%
Div Incr Years28
Div Non Decr Years31
5.3 Sustainability
EXPD pays out 27.61% of its income as dividend. This is a sustainable payout ratio.
The dividend of EXPD is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP27.61%
EPS Next 2Y4.33%
EPS Next 3Y5.13%
EXPEDITORS INTL WASH INC
NYSE:EXPD (1/21/2025, 8:04:01 PM)
Premarket: 112.5 -0.24 (-0.21%)112.74
+2.39 (+2.17%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners94.22%
Inst Owner Change-0.35%
Ins Owners0.64%
Ins Owner Change-0.13%
Market Cap15.78B
Analysts48.18
Price Target119.12 (5.66%)
Short Float %3.25%
Short Ratio3.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.31% |
Yearly Dividend1.36
Dividend Growth(5Y)8.5%
DP27.61%
Div Incr Years28
Div Non Decr Years31
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.4%
Min EPS beat(2)-3.63%
Max EPS beat(2)18.42%
EPS beat(4)2
Avg EPS beat(4)1.95%
Min EPS beat(4)-13.07%
Max EPS beat(4)18.42%
EPS beat(8)3
Avg EPS beat(8)-3.68%
EPS beat(12)7
Avg EPS beat(12)3.64%
EPS beat(16)11
Avg EPS beat(16)8.46%
Revenue beat(2)2
Avg Revenue beat(2)12.65%
Min Revenue beat(2)4.95%
Max Revenue beat(2)20.34%
Revenue beat(4)2
Avg Revenue beat(4)4.85%
Min Revenue beat(4)-3.28%
Max Revenue beat(4)20.34%
Revenue beat(8)2
Avg Revenue beat(8)-4.43%
Revenue beat(12)4
Avg Revenue beat(12)-1.03%
Revenue beat(16)8
Avg Revenue beat(16)2.69%
PT rev (1m)-0.12%
PT rev (3m)0.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)11.88%
EPS NY rev (1m)0%
EPS NY rev (3m)8.98%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)16.52%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)8.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.98 | ||
| Fwd PE | 20.39 | ||
| P/S | 1.59 | ||
| P/FCF | 26.71 | ||
| P/OCF | 24.97 | ||
| P/B | 6.7 | ||
| P/tB | 6.72 | ||
| EV/EBITDA | 14.39 |
EPS(TTM)5.13
EY4.55%
EPS(NY)5.53
Fwd EY4.9%
FCF(TTM)4.22
FCFY3.74%
OCF(TTM)4.52
OCFY4%
SpS70.89
BVpS16.84
TBVpS16.78
PEG (NY)2.29
PEG (5Y)2.82
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.17% | ||
| ROE | 31.1% | ||
| ROCE | 33.62% | ||
| ROIC | 24.91% | ||
| ROICexc | 46.35% | ||
| ROICexgc | 46.6% | ||
| OM | 9.47% | ||
| PM (TTM) | 7.39% | ||
| GM | 32.68% | ||
| FCFM | 5.95% |
ROA(3y)19.84%
ROA(5y)17.92%
ROE(3y)38.54%
ROE(5y)33.73%
ROIC(3y)33.11%
ROIC(5y)28.96%
ROICexc(3y)69.64%
ROICexc(5y)59.82%
ROICexgc(3y)69.99%
ROICexgc(5y)60.13%
ROCE(3y)44.69%
ROCE(5y)39.09%
ROICexcg growth 3Y4.89%
ROICexcg growth 5Y-0.83%
ROICexc growth 3Y4.86%
ROICexc growth 5Y-0.8%
OM growth 3Y1%
OM growth 5Y0.63%
PM growth 3Y3.69%
PM growth 5Y1.29%
GM growth 3Y4.54%
GM growth 5Y1.63%
F-Score4
Asset Turnover1.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 61.14% | ||
| Cap/Sales | 0.41% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 62.77% | ||
| Profit Quality | 80.62% | ||
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.72 | ||
| Altman-Z | 6.97 |
F-Score4
WACC9.25%
ROIC/WACC2.69
Cap/Depr(3y)93.36%
Cap/Depr(5y)91.11%
Cap/Sales(3y)0.38%
Cap/Sales(5y)0.45%
Profit Quality(3y)114.68%
Profit Quality(5y)110.83%
High Growth Momentum
Growth
EPS 1Y (TTM)-4.47%
EPS 3Y7.58%
EPS 5Y7.8%
EPS Q2Q%31.45%
EPS Next Y9.58%
EPS Next 2Y4.33%
EPS Next 3Y5.13%
EPS Next 5Y6.36%
Revenue 1Y (TTM)-5.16%
Revenue growth 3Y-1%
Revenue growth 5Y2.71%
Sales Q2Q%36.99%
Revenue Next Year11.23%
Revenue Next 2Y5.43%
Revenue Next 3Y4.46%
Revenue Next 5Y4.83%
EBIT growth 1Y-12.21%
EBIT growth 3Y0%
EBIT growth 5Y3.35%
EBIT Next Year9.74%
EBIT Next 3Y3.34%
EBIT Next 5Y4.93%
FCF growth 1Y-68.37%
FCF growth 3Y18.62%
FCF growth 5Y14.06%
OCF growth 1Y-67.55%
OCF growth 3Y17.15%
OCF growth 5Y12.95%