Compoundeer Logo
COMPOUNDEER
Uncovering Potential
RankingCompaniesDCF
EXPD Logo

Expeditors International Of Washington Inc

EXPD

Arrangement of Transportation of Freight & Cargo

Mkt Cap

$17.51B

PE

23.30

Debt

-

Cash

$1.513B

EV

-

FCF

$1.014B

Market Cap

$17.51B

P/E Ratio

23.30

Debt

-

Cash

$1.513B

EV

-

FCF

$1.014B
Charts data: {"Earnings":[{"time":"2014-12-30","value":376888000},{"time":"2015-12-30","value":457223000},{"time":"2016-12-30","value":430807000},{"time":"2017-12-30","value":489345000},{"time":"2018-12-30","value":618199000},{"time":"2019-12-30","value":590395000},{"time":"2020-12-30","value":696140000},{"time":"2021-12-30","value":1415492000},{"time":"2022-12-30","value":1357399000},{"time":"2023-12-30","value":751779000}],"Sales":[{"time":"2014-12-30","value":6564721000},{"time":"2015-12-30","value":6616632000},{"time":"2016-12-30","value":6098037000},{"time":"2017-12-30","value":6920948000},{"time":"2018-12-30","value":8138365000},{"time":"2019-12-30","value":8175426000},{"time":"2020-12-30","value":10116481000},{"time":"2021-12-30","value":16523517000},{"time":"2022-12-30","value":17071284000},{"time":"2023-12-30","value":9300110000}],"Net Margins":[{"time":"2014-12-30","value":0.05741112227008581},{"time":"2015-12-30","value":0.06910207489248306},{"time":"2016-12-30","value":0.07064683274306141},{"time":"2017-12-30","value":0.07070490921185942},{"time":"2018-12-30","value":0.07596108063474666},{"time":"2019-12-30","value":0.07221580869302713},{"time":"2020-12-30","value":0.06881246552037215},{"time":"2021-12-30","value":0.08566529752715478},{"time":"2022-12-30","value":0.0795135855041718},{"time":"2023-12-30","value":0.08083549549413932}],"Assets":[{"time":"2014-12-30","value":2890905000},{"time":"2015-12-30","value":2582438000},{"time":"2016-12-30","value":2790871000},{"time":"2017-12-30","value":3117008000},{"time":"2018-12-30","value":3314559000},{"time":"2019-12-30","value":3691884000},{"time":"2020-12-30","value":4927503000},{"time":"2021-12-30","value":7609929000},{"time":"2022-12-30","value":5590434000},{"time":"2023-12-30","value":4523809000}],"Stockholders Equity":[{"time":"2014-12-30","value":1871608000},{"time":"2015-12-30","value":1694676000},{"time":"2016-12-30","value":1847213000},{"time":"2017-12-30","value":1994373000},{"time":"2018-12-30","value":1987720000},{"time":"2019-12-30","value":2197219000},{"time":"2020-12-30","value":2663227000},{"time":"2021-12-30","value":3497991000},{"time":"2022-12-30","value":3113535000},{"time":"2023-12-30","value":2391413000}],"ROE":[{"time":"2014-12-30","value":0.2013712273082825},{"time":"2015-12-30","value":0.2697996549192884},{"time":"2016-12-30","value":0.23321999141409247},{"time":"2017-12-30","value":0.2453628283174712},{"time":"2018-12-30","value":0.31100909584850983},{"time":"2019-12-30","value":0.2687010261607969},{"time":"2020-12-30","value":0.2613896599876766},{"time":"2021-12-30","value":0.4046585597275693},{"time":"2022-12-30","value":0.4359671563030446},{"time":"2023-12-30","value":0.3143660254418622}],"ROA":[{"time":"2014-12-30","value":0.20569614013604737},{"time":"2015-12-30","value":0.2793809570646033},{"time":"2016-12-30","value":0.24012682778960404},{"time":"2017-12-30","value":0.23053999219764595},{"time":"2018-12-30","value":0.24688925434726008},{"time":"2019-12-30","value":0.215552276290371},{"time":"2020-12-30","value":0.1941719771657166},{"time":"2021-12-30","value":0.2529085356775339},{"time":"2022-12-30","value":0.3283986538433331},{"time":"2023-12-30","value":0.22437463650653686}]}

Expeditors International of Washington, Inc., together with its subsidiaries, provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, including ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other supply chain solutions. It also provides optimization, trade compliance, consulting, cargo security, and solutions. In addition, it acts as a freight consolidator or as an agent for the airline, which carries the shipment. Further, the company provides ancillary services that include preparation of shipping and customs documentation, packing, crating, insurance services, negotiation of letters of credit, and the preparation of documentation to comply with local export laws. Its customers include retailing and wholesaling, electronics, technology, and industrial and manufacturing companies. The company was incorporated in 1979 and is headquartered in Seattle, Washington.

Sector

  • BCO Logo

    BCO

  • CHRW Logo

    CHRW

  • FWRD Logo

    FWRD

  • HUBG Logo

    HUBG

Growth

%

%

Discount

%

%

Multiple

g\r+10%+11%+12%+13%+14%
0%109887
+1%1110988
+2%13111098
+3%141311109
+4%1714121110
Years012345678910TV
FCF$1.014B$1.185B$1.369B$1.564B$1.766B$1.971B$2.173B$2.368B$2.548B$2.709B$2.845B$28.45B
DCF$1.03B$1.035B$1.028B$1.01B$979.7M$939.4M$890.1M$833.1M$770.2M$703.2M$7.032B
Value$16.25B

In the chart Earnings are multiplied by this value.

Earnings Growth 16%
Earnings Stability 75%


Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years12-201512-201612-201712-201812-201912-202012-202112-202212-2023TTM
Net Margin6.9%7.1%7.1%7.6%7.2%6.9%8.6%8%8.1%8.1%
ROA28%24%23%25%22%19%25%33%22%22%
ROE27%23%25%31%27%26%40%44%31%31%

What is the average Net Margin?

The average Net Margin over the past 5 years is +7.72%.

What is the trend of Net Margin?

The trend of Net Margin over the past 5 years is +0.18%.

What is the average Return on Assets (ROA)?

The average ROA over the past 5 years is +24.37%.

What is the trend of Return on Assets (ROA)?

The trend of ROA over the past 5 years is +0.81%.

What is the average Return on Equity (ROE)?

The average ROE over the past 5 years is +33.27%.

What is the trend of Return on Equity (ROE)?

The trend of ROE over the past 5 years is +1.89%.


Safety & Stabiliy

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years12-201512-201612-201712-201812-201912-202012-202112-202212-2023TTM
Debt FCF----------
Debt Equity----------
MIN
Graham Stability--100%100%100%100%100%100%65%65%

What is the Debt/FCF?

The Debt/FCF trailing twelve month is -.

What is the trend of Debt/FCF?

The trend of Debt/FCF over the past 5 years is -.

What is the Graham’s Stability?

Graham’s Stability measure stands at 0.65.


Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years12-201612-201812-202012-2022Trend
Revenue6.2%2.7%-2.8%-46%-0.77%
Net Income8.3%4%2.6%-45%-1.5%
Stockholders Equity3.8%3.8%-3.5%-23%-0.78%
FCF12%14%19%-50%2.3%

What is the 5 year Revenue CAGR?

The Revenue CAGR over the past 5 years is +2.7%.

What is the trend of Revenue growth?

The trend of Revenue growth rate over the past 5 years is -0.77%.

What is the 5 year Earnings CAGR?

The Earnings CAGR over the past 5 years is +3.99%.

What is the trend of Earnings growth?

The trend of Earnings growth rate over the past 5 years is -1.46%.

What is the 5 year Equity CAGR?

The Equity CAGR over the past 5 years is +3.77%.

What is the trend of Equity growth?

The trend of Equity growth rate over the past 5 years is -0.78%.

What is the 5 year FCF CAGR?

The FCF CAGR over the past 5 years is +14.05%.

What is the trend of FCF growth?

The trend of FCF growth rate over the past 5 years is +2.31%.