Reading the tape
NYSE: EXPD
Expeditors International of Washington, Inc.
Industrials · Integrated Freight & Logistics
Market Cap
$20.34B
52w High
$167.19
52w Low
$109.90
P/E
24.83
Volume
588.97K
Outstanding Shares
130.79M
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
1Y Price: 33.99%Revenue (TTM): 1.13%FCF (TTM): 20.23%P/FCF: 53rd pct
What changed
The stock rose 33.99% over the last year. Revenue grew 1.13% over the trailing twelve months. Operating margin moved from 9.88% to 9.67%. Free cash flow grew 20.23% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 53rd percentile of their historical P/FCF range.
What would invalidate this read
Operating margin is at 9.67%. Revenue grew 1.13% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Expeditors International of Washington, Inc. provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India.
CEODaniel R. Wall
SectorIndustrials
IndustryIntegrated Freight & Logistics
Employees19,203
IPO dateSep 26, 1984
Valuation
Forward P/E—
EV/EBITDA16.94
Enterprise value$19.49B
Stock splits
Jun 26, 2006↑ Forward
Every 1 shares became 2
Jun 25, 2002↑ Forward
Every 1 shares became 2
Jun 1, 1999↑ Forward
Every 1 shares became 2
Dec 12, 1996↑ Forward
Every 1 shares became 2
Nov 12, 1993↑ Forward
Every 1 shares became 2
Sep 26, 1986↑ Forward
Every 2 shares became 3
Profitability & growth
Revenue growth4.37%
Gross margin20.23%▲20.27%vs FY2024
Operating margin9.67%▼3.20%vs FY2024
ROE34.55%▼5.20%vs FY2024
Analyst consensus
RatingHold
Target price$143.44▼7.78%
4
Buy
20
Hold
9
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 4, 2026
Q3 FY26 · EPS est $1.62 · Revenue est $2.82B
View
Dividends
$1.58/shareSemi-annualDividend Aristocrat · 32yrEx-div Jun 1, 2026 · in 21dSafeEXPD pays a dividend with a 1.02% declared yield, 32 consecutive years of growth, growing at 7.51% annually, covered 4.6× by free cash flow.
Declared Yield
1.02%
Annual Div / Share
$1.58
TTM $1.54
5yr CAGR
+7.51%
Doubles every ~9.6yr
Payout Ratio
24.79%
Safe
Dividend Growth Rate
3yr CAGR
+5.13%
5yr CAGR
+7.51%
10yr CAGR
+7.59%
Dividend Safety
10/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$1.58+5.3%
2025$1.50+5.6%
2024$1.42+4.4%
2023$1.36+8.8%
2022$1.25+13.6%
2021$1.10+7.8%
2020$1.02+7.4%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$10/yr
$1/mo
In 5 yrs
$15/yr+44%
$1/mo
In 10 yrs
$21/yr+106%
$2/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$10/yr $1/mo | $15/yr+44% $1/mo | $21/yr+106% $2/mo |
Yield-on-cost grows from 1.02% → 2.1% over 10yr
Analysis
Dividend Strengths
Dividend Aristocrat
EXPD has raised its dividend for 32 consecutive years — qualifying as a Dividend Aristocrat, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 4.6× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 7.51% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.