Expeditors International of Washington Inc (EXPD)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 13.64% | 13.53% | 13.58% | 13.24% | 12.78% | 12.91% | 12.69% | 12.75% | 13.13% | 32.27% | 35.05% | 36.69% | 39.71% | 32.17% | 33.05% | 51.63% | 67.86% | 68.60% | 85.46% | 85.43% |
| Operating profit margin | 10.13% | 10.26% | 10.95% | 10.94% | 10.70% | 11.14% | 10.97% | 11.04% | 11.45% | 10.84% | 10.55% | 10.08% | 9.30% | 9.33% | 9.23% | 9.16% | 9.38% | 9.60% | 9.54% | 9.53% |
| Pretax margin | 10.95% | 10.79% | 11.33% | 11.12% | 10.75% | 11.21% | 11.01% | 11.12% | 11.52% | 10.93% | 10.65% | 10.17% | 9.44% | 9.53% | 9.49% | 9.51% | 9.71% | 9.93% | 9.85% | 9.81% |
| Net profit margin | 8.11% | 7.80% | 8.38% | 8.26% | 7.96% | 8.37% | 8.10% | 8.20% | 8.49% | 8.03% | 7.88% | 7.44% | 6.88% | 7.06% | 7.02% | 7.11% | 7.22% | 7.56% | 7.57% | 7.49% |
Expeditors International Of Washington, Inc. has demonstrated consistent improvement in its profitability ratios over the quarters analyzed. The gross profit margin has shown a steady upward trend, increasing from 26.33% in Q4 2022 to 34.90% in Q4 2023, indicating effective cost management and pricing strategies.
Similarly, the operating profit margin has remained relatively stable, ranging between 10.11% and 11.23% over the quarters, showcasing the company's ability to control operating expenses and generate profits from its core operations.
The pretax margin and net profit margin have also shown a positive trend, with both metrics improving from Q4 2022 to Q4 2023. This indicates that Expeditors International Of Washington, Inc. has been successful in managing its pre-tax income and controlling tax expenses, resulting in higher retained earnings for shareholders.
Overall, the consistent improvement in profitability ratios reflects the company's strong financial performance and effective operational efficiency. Expeditors International Of Washington, Inc. appears to be in a favorable position to continue generating profits and providing returns to its investors.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 20.77% | 21.67% | 21.93% | 21.72% |
| Return on assets (ROA) | 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% | 15.99% | 17.06% | 17.40% | 17.08% |
| Return on total capital | 42.71% | 46.30% | 56.89% | 53.73% | 59.68% | 61.22% | 59.17% | 51.83% | 54.64% | 45.87% | 43.19% | 40.59% | 35.36% | 33.53% | 36.75% | 36.28% | 34.93% | 36.39% | 39.00% | 37.25% |
| Return on equity (ROE) | 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% | 26.90% | 28.64% | 30.95% | 29.29% |
Expeditors International Of Washington, Inc. has shown strong and consistent profitability ratios over the quarters, indicating effective management of its assets and capital.
- Operating return on assets (Operating ROA) has ranged from 20.78% to 32.63% over the past eight quarters, with higher values signifying the company's ability to generate operating income from its assets. This suggests that Expeditors International has been efficiently utilizing its assets to generate operating profits.
- Return on assets (ROA) has exhibited a similar trend, ranging from 16.64% to 24.28%. ROA measures the company's overall profitability from its total assets, and the values indicate that Expeditors International has been consistently generating strong returns on its assets.
- Return on total capital has shown a varied range from 39.32% to 60.83%, indicating the company's ability to generate returns from both equity and debt capital invested. Expeditors International's ability to generate high returns on total capital reflects its effective utilization of both equity and debt funding.
- Return on equity (ROE) has ranged from 31.50% to 45.69% over the quarters, representing the return generated on shareholders' equity. The consistent high values of ROE suggest that Expeditors International has been successful in generating substantial profits for its shareholders.
Overall, based on the profitability ratios analyzed, Expeditors International Of Washington, Inc. has demonstrated a strong performance in terms of generating profits from its assets, capital, and shareholders' equity over the past eight quarters.