Expeditors International of Washington, Inc. (EXPD)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 12.73% | 12.46% | 12.72% | 13.22% | 13.39% | 13.45% | 13.51% | 13.18% | 12.72% | 12.79% | 12.57% | 12.62% | 13.11% | 12.66% | 12.64% | 12.46% | 11.83% | 12.16% | 12.09% | 12.07% |
| Operating profit margin | 9.82% | 9.47% | 9.37% | 9.86% | 10.11% | 10.23% | 10.93% | 10.92% | 10.69% | 11.13% | 10.96% | 11.04% | 11.56% | 10.97% | 10.79% | 10.49% | 9.57% | 9.64% | 9.41% | 9.16% |
| Pretax margin | 10.33% | 10.06% | 10.07% | 10.63% | 10.91% | 10.70% | 11.26% | 11.10% | 10.75% | 11.25% | 11.06% | 11.15% | 11.65% | 11.07% | 10.91% | 10.60% | 9.73% | 9.86% | 9.70% | 9.53% |
| 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% |
Expeditors International of Washington, Inc. has shown a consistent and stable trend in its profitability ratios over the reported periods.
- Gross Profit Margin: The company's gross profit margin has fluctuated within a relatively narrow range, ranging from 11.83% to 13.51% during the period. The margin has been improving in recent quarters, reaching 13.39% by December 31, 2023, before slightly dropping to 12.73% by December 31, 2024.
- Operating Profit Margin: The operating profit margin has shown a similar pattern to the gross margin, with fluctuations between 9.37% and 11.56%. Although there were some variations, the margin remained relatively stable over the period, with a slight decline towards the end of the reported period.
- Pretax Margin: The pretax margin has also been consistent, ranging from 9.53% to 11.65%. Like the other profitability ratios, the pretax margin showed slight fluctuations but was relatively stable overall, reflecting the company's ability to manage its operating expenses effectively.
- Net Profit Margin: The net profit margin closely followed the trends of the other profitability ratios, ranging from 7.08% to 8.57%. The company's ability to generate profits after accounting for all expenses remained steady throughout the reported periods, with a slight decrease towards the end of the period.
Overall, Expeditors International of Washington, Inc. has maintained a stable level of profitability, with slight fluctuations in its margins but a consistent ability to generate profits over the reported periods.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 21.90% | 18.17% | 17.84% | 19.58% | 20.78% | 23.38% | 30.26% | 30.73% | 32.63% | 32.06% | 28.27% | 24.96% | 25.09% | 22.15% | 22.34% | 21.39% | 19.09% | 19.25% | 20.83% | 21.03% |
| Return on assets (ROA) | 17.04% | 14.17% | 14.09% | 15.51% | 16.64% | 17.77% | 23.14% | 23.20% | 24.28% | 24.08% | 20.86% | 18.53% | 18.60% | 16.41% | 16.69% | 15.78% | 14.13% | 14.57% | 15.85% | 16.33% |
| Return on total capital | 46.84% | 40.60% | 40.03% | 40.81% | 40.04% | 44.38% | 55.73% | 53.53% | 60.46% | 61.44% | 59.39% | 51.92% | 54.64% | 45.87% | 43.19% | 40.59% | 35.36% | 33.53% | 36.75% | 36.28% |
| Return on equity (ROE) | 36.44% | 31.10% | 31.00% | 31.70% | 31.50% | 32.67% | 41.33% | 39.31% | 43.65% | 45.69% | 43.57% | 38.36% | 40.51% | 33.98% | 32.26% | 29.95% | 26.17% | 25.37% | 27.96% | 28.16% |
Expeditors International of Washington, Inc. has demonstrated consistent profitability over the past five years based on the analyzed profitability ratios. Here is a breakdown of the key profitability ratios:
1. Operating return on assets (Operating ROA):
- The Operating ROA has shown a positive trend from March 2020 to September 2022, peaking at 32.63% in December 2022. However, there was a slight decrease in the subsequent quarters, with a decrease to 20.78% by December 2024.
- This ratio indicates how efficiently the company generates operating income from its assets. Expeditors International improved its operational efficiency during the analyzed period, but there was a slight decline towards the end.
2. Return on assets (ROA):
- The ROA also demonstrated an upward trend from March 2020 to June 2022, with a peak of 24.28% in December 2022. However, there was a decline to 17.04% by December 2024.
- The ROA measures the overall effectiveness of management in generating profits from the company's assets. Expeditors International's performance in this aspect improved significantly, showing a favorable return on assets during most quarters.
3. Return on total capital:
- The Return on total capital increased steadily from March 2020 to June 2022, reaching 61.44% in September 2022. However, it experienced a decline to 40.60% by September 2024.
- This ratio evaluates the efficiency of utilizing both equity and debt capital to generate profits. Expeditors International efficiently utilized its total capital to generate returns, although there was a decline in this efficiency towards the end of the analyzed period.
4. Return on equity (ROE):
- The ROE followed a similar pattern to the other ratios, showing improvement until June 2022, where it peaked at 43.57%. However, it exhibited a decrease, ending at 36.44% by December 2024.
- The ROE measures the profitability from the shareholders' perspective. Expeditors International's ability to generate returns for its equity holders remained strong, although there was a gradual decline in this profitability metric over the last few quarters.
Overall, Expeditors International of Washington, Inc. maintained a healthy level of profitability as indicated by the analyzed ratios, showcasing efficient utilization of assets and capital to generate returns for both the company and its shareholders. However, the slight declining trend towards the end of the period may warrant further monitoring and analysis to identify any potential areas of improvement.