Expeditors International of Washington, Inc. (EXPD)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	810,073	732,914	674,693	696,024	752,883	813,440	1,056,296	1,237,301	1,357,399	1,590,955	1,535,814	1,474,381	1,415,492	1,161,280	993,519	861,016	696,140	634,846	603,760	573,040
Revenue (ttm)	US$ in thousands	10,600,510	9,923,580	9,113,450	8,914,200	9,300,110	10,463,870	12,636,020	14,999,580	17,071,290	19,026,100	18,983,210	17,988,990	16,523,510	14,296,360	12,325,810	11,127,800	9,830,840	8,706,590	8,432,740	8,057,240
Net profit margin		7.64%	7.39%	7.40%	7.81%	8.10%	7.77%	8.36%	8.25%	7.95%	8.36%	8.09%	8.20%	8.57%	8.12%	8.06%	7.74%	7.08%	7.29%	7.16%	7.11%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $810,073K ÷ $10,600,510K
= 7.64%

Expeditors International of Washington, Inc.'s net profit margin has shown fluctuation over the period from March 31, 2020, to December 31, 2024. The net profit margin started at 7.11% in March 2020 and experienced some variations before reaching its peak at 8.57% in December 2021.

Subsequently, the net profit margin declined but remained above 8% for the next few quarters before dropping to 7.77% in September 2023. Thereafter, the margin increased again to 8.10% by December 2023. However, by the end of the period in December 2024, the net profit margin had fallen to 7.64%.

Overall, Expeditors International of Washington, Inc.'s net profit margin has displayed some level of volatility but generally remained in the range of 7% to 8% during this timeframe. This suggests that the company has been able to maintain a reasonable level of profitability relative to its net sales over the period analyzed.