Expeditors International of Washington, Inc. (EXPD)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	810,073	752,883	1,357,400	1,415,490	696,140
Revenue	US$ in thousands	10,600,500	9,300,110	17,071,300	16,523,500	9,584,390
Net profit margin		7.64%	8.10%	7.95%	8.57%	7.26%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $810,073K ÷ $10,600,500K
= 7.64%

The net profit margin of Expeditors International of Washington, Inc. has shown variability over the past five years. It was 7.26% as of December 31, 2020, which increased to 8.57% by December 31, 2021, indicating an improvement in profitability. However, the margin then decreased slightly to 7.95% by December 31, 2022, before increasing again to 8.10% by December 31, 2023. The most recent data point, as of December 31, 2024, shows a net profit margin of 7.64%.

Overall, the trend in net profit margin demonstrates some fluctuations, with periods of improvement followed by slight declines. It is essential for the company to continue monitoring and managing its expenses and revenues effectively to sustain healthy profitability levels in the future.