Expeditors International of Washington, Inc. (EXPD)

Return on equity (ROE)

		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
Total stockholders’ equity	US$ in thousands	2,223,010	2,356,710	2,176,420	2,195,460	2,390,350	2,489,780	2,555,930	3,147,170	3,110,020	3,482,180	3,525,250	3,843,390	3,494,430	3,417,360	3,079,450	2,874,790	2,659,640	2,502,030	2,159,120	2,034,810
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%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $810,073K ÷ $2,223,010K
= 36.44%

Expeditors International of Washington, Inc.'s return on equity (ROE) has shown fluctuations over the periods presented in the data. From March 31, 2020, to December 31, 2021, the ROE generally increased from 28.16% to 40.51%, indicating an improvement in the company's ability to generate profits from shareholder equity.

The ROE reached its peak at 45.69% on September 30, 2022, showing strong performance in utilizing equity to generate earnings. However, from March 31, 2023, to December 31, 2024, the ROE displayed a declining trend, decreasing from 39.31% to 36.44%. This decline may suggest a decrease in profitability relative to shareholder equity during this period.

Overall, Expeditors International of Washington, Inc. has shown variations in its ROE, highlighting the importance of monitoring the company's ability to generate profits from shareholders' investments and the efficiency of its capital utilization.