EXPEDITORS INTL WASH INC (EXPD)
US3021301094 - Common Stock
Overall EXPD gets a fundamental rating of 7 out of 10. We evaluated EXPD against 17 industry peers in the Air Freight & Logistics industry. EXPD scores excellent points on both the profitability and health parts. This is a solid base for a good stock. EXPD is valued expensive and 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.
In the past 5 years EXPD has always been profitable.
EXPD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of EXPD (16.64%) is better than 100.00% of its industry peers.
With an excellent Return On Equity value of 31.50%, EXPD belongs to the best of the industry, outperforming 94.12% of the companies in the same industry.
With an excellent Return On Invested Capital value of 24.70%, EXPD belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for EXPD is significantly above the industry average of 7.79%.
The 3 year average ROIC (33.11%) for EXPD is well above the current ROIC(24.70%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.64% | ||
| ROE | 31.5% | ||
| ROIC | 24.7% |
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 better Profit Margin (8.10%) than 88.24% of its industry peers.
In the last couple of years the Profit Margin of EXPD has remained more or less at the same level.
EXPD has a better Operating Margin (10.11%) than 94.12% of its industry peers.
In the last couple of years the Operating Margin of EXPD has remained more or less at the same level.
EXPD's Gross Margin of 34.90% is fine compared to the rest of the industry. EXPD outperforms 70.59% of its industry peers.
In the last couple of years the Gross Margin of EXPD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.11% | ||
| PM (TTM) | 8.1% | ||
| GM | 34.9% |
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.
The number of shares outstanding for EXPD has been reduced compared to 1 year ago.
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 8.58. This indicates that EXPD is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 8.58, EXPD belongs to the best of the industry, outperforming 100.00% 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 | 8.58 |
ROIC/WACC2.64
WACC9.34%
2.3 Liquidity
A Current Ratio of 2.02 indicates that EXPD has no problem at all paying its short term obligations.
EXPD's Current ratio of 2.02 is amongst the best of the industry. EXPD outperforms 88.24% of its industry peers.
A Quick Ratio of 2.02 indicates that EXPD has no problem at all paying its short term obligations.
EXPD has a better Quick ratio (2.02) than 88.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.02 | ||
| Quick Ratio | 2.02 |
3. Growth
3.1 Past
The earnings per share for EXPD have decreased strongly by -38.34% 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.
EXPD shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -45.52%.
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)-38.34%
EPS 3Y7.58%
EPS 5Y7.8%
EPS growth Q2Q-21.01%
Revenue 1Y (TTM)-45.52%
Revenue growth 3Y-1%
Revenue growth 5Y2.71%
Revenue growth Q2Q-33.81%
3.2 Future
EXPD is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.59% yearly.
EXPD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.65% yearly.
EPS Next Y-5.49%
EPS Next 2Y0.97%
EPS Next 3Y0.99%
EPS Next 5Y5.59%
Revenue Next Year-4.96%
Revenue Next 2Y-0.01%
Revenue Next 3Y0.65%
Revenue Next 5Y4.65%
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 decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 22.30, EXPD is valued on the expensive side.
The rest of the industry has a similar Price/Earnings ratio as EXPD.
EXPD's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.92.
A Price/Forward Earnings ratio of 23.60 indicates a rather expensive valuation of EXPD.
EXPD's Price/Forward Earnings ratio is in line with the industry average.
EXPD's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.49.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.3 | ||
| Fwd PE | 23.6 |
4.2 Price Multiples
EXPD's Enterprise Value to EBITDA ratio is in line with 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 64.71% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.08 | ||
| EV/EBITDA | 14.66 |
4.3 Compensation for Growth
The excellent profitability rating of EXPD may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.86
EPS Next 2Y0.97%
EPS Next 3Y0.99%
5. Dividend
5.1 Amount
EXPD has a Yearly Dividend Yield of 1.20%. 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 2.78.
With a Dividend Yield of 1.20, EXPD pays less dividend than the S&P500 average, which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
5.2 History
The dividend of EXPD is nicely growing with an annual growth rate of 8.50%!
EXPD has been paying a dividend for at least 10 years, so it has 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 Years16
Div Non Decr Years16
5.3 Sustainability
EXPD pays out 26.83% of its income as dividend. This is a sustainable payout ratio.
EXPD's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP26.83%
EPS Next 2Y0.97%
EPS Next 3Y0.99%
EXPEDITORS INTL WASH INC
NYSE:EXPD (4/26/2024, 7:04:01 PM)
After market: 113.3 0 (0%)113.3
+0.15 (+0.13%)
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 Cap16.30B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
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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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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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 | 22.3 | ||
| Fwd PE | 23.6 | ||
| 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)N/A
PEG (5Y)2.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.64% | ||
| ROE | 31.5% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 10.11% | ||
| PM (TTM) | 8.1% | ||
| GM | 34.9% | ||
| 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 Turnover2.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.02 | ||
| Quick Ratio | 2.02 | ||
| 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)
Growth
EPS 1Y (TTM)-38.34%
EPS 3Y7.58%
EPS 5Y
EPS growth Q2Q
EPS Next Y-5.49%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-45.52%
Revenue growth 3Y-1%
Revenue growth 5Y
Revenue growth 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