Expeditors International of Washington, Inc. (EXPD)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	1,041,320	939,933	1,824,370	1,909,330	940,437
Revenue	US$ in thousands	10,600,500	9,300,110	17,071,300	16,523,500	9,584,390
Operating profit margin		9.82%	10.11%	10.69%	11.56%	9.81%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $1,041,320K ÷ $10,600,500K
= 9.82%

Expeditors International of Washington, Inc.'s operating profit margin has displayed a fluctuating trend over the five-year period from December 31, 2020, to December 31, 2024. The company's operating profit margin increased from 9.81% in 2020 to its highest point of 11.56% in 2021, reflecting improved operational efficiency. However, in the subsequent years, the operating profit margin gradually decreased to 10.11% in 2023 and further to 9.82% in 2024.

These fluctuations in operating profit margin indicate that Expeditors International of Washington, Inc. experienced some challenges in maintaining its profitability levels, possibly due to changes in operating expenses or revenue generation. It is essential for the company to closely monitor and manage its costs and revenue streams to sustain and enhance its operating profit margin in the future.