# Expeditors International of Washington, Inc. (EXPD) — Stock CV

Expeditors International of Washington, Inc. is a $25.1B industrial company. Revenue grew 6.8% over the last year, it keeps 8¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 27.3× earnings — near the highest of its own history.

> Based in the US, Expeditors International of Washington is a non-asset-based third-party logistics provider, mainly focused on international freight forwarding.

## Identity

- **Ticker**: EXPD
- **Sector**: Industrials
- **Industry**: Arrangement Of Transportation Of Freight & Cargo
- **Headquarters**: BELLEVUE, WA
- **Employees**: 19 800
- **Website**: https://www.expeditors.com
- **Market cap**: $25.1B
- **Last price**: $193.24
- **Financial profile**: Strong

## Vitals (TTM)

- **Revenue**: $12.0B
- **Net income**: $919M
- **Free cash flow**: $924M
- **Net cash**: $744M
- **P/E**: 27.3
- **Revenue growth (YoY)**: 6.8%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 44 |
| Growth | 24 |
| Profitability | 75 |
| Health | 93 |
| Quality | 97 |
| Moat | 68 |

## Qualifications (beginner checklist) — 10 of 11 passed

- [x] Revenue growing — +6.8% YoY
- [x] Profitable — $919M TTM
- [ ] Profit growing — -10.4% YoY
- [x] Generates cash — $924M TTM
- [x] Debt under control — more cash than debt
- [x] Established company — $25.1B market cap
- [x] Not printing shares — -20.3% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [x] Financially stable — Altman Z 7.7 — safe
- [x] Pays a dividend — yield 0.83%
- [x] Valuation not extreme — P/E 27.3

## Experience (career milestones)

- **FY2021** — Best year on record: $1.42B net income
- **FY2020** — Revenue crossed $10B: $10.1B for the year
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $1B: $6.10B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak

## Strengths

- Net cash position after subtracting debt from cash
- Interest covered 32.5× by operating earnings
- High returns on invested capital (ROIC 50.3%)
- Piotroski F-Score 7/9 — fundamentally strong checklist
- Altman Z-Score 7.71 — low bankruptcy-risk zone

## Watch-outs

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $16.5B | $1.42B | $832M |
| FY2022 | $17.1B | $1.36B | $2.04B |
| FY2023 | $9.30B | $753M | $1.01B |
| FY2024 | $10.6B | $810M | $683M |
| FY2025 | $11.1B | $810M | $953M |

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Source: https://stockcv.com/EXPD — derived from company filings; may be delayed or incomplete. Information, not investment advice.
