EXPDExpeditors International

$184.63+55% 1Y

The business

How EXPD's business earns

Expeditors International earns 85% on the capital it employs against an estimated 9.0% cost of capital.

85%

Return on invested capital · cost of capital 9.0% · 76 points above the estimated cost of capital

Operating margin
10%

Operating margin · Integrated Freight & Logistics median 5.3% · 12 months to Sep 30, 2026

Cash conversion
0.97×

Cash conversion · 1.19× a year ago · operating cash flow divided by operating profit after tax

Share count, year on year
−3.8%

Share count, year on year · fewer shares than a year ago

Operating margin by fiscal year
Operating margin by fiscal year
YearOperating margin
FY20209.8%
FY202112%
FY202211%
FY202310%
FY20249.8%
FY20259.5%
Details›
Gross margin12 months to Sep 30, 2026
32%
Operating margin12 months to Sep 30, 2026
10%
Net margin12 months to Sep 30, 2026
7.9%
Free cash flow margin
7.0%
Revenue, trailing twelve months
$13.2B
Free cash flow, trailing twelve months
$928M
Net income, trailing twelve months
$1.04B
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
85%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.

On the leaderboards#23highest return on capital employed33%
Expeditors International (EXPD) Margins and Return on Capital · Ryufin