Expeditors International of Washington, Inc., together with its subsidiaries, provides logistics services worldwide. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, including ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage, import, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other supply chain solutions. It also provides optimization, trade compliance consulting, cargo security, and solutions. In addition, it acts as a freight consolidator or as an agent for the airline that carries the shipment. Further, the company provides ancillary services that include preparation of shipping and customs documentation, packing, crating, insurance services, and the preparation of documentation to comply with local import and export laws. Its customers include retailing and wholesaling, electronics, technology, and industrial and manufacturing companies. The company was incorporated in 1979 and is headquartered in Seattle, Washington.
Freight Dynamics | Expeditors International navigates surging ocean spot rates and industry headwinds, showcasing resilience in air freight and customs brokerage segments. |
Financial Outlook | Analysts project EPS ranges of $4.80-$4.95 for 2024 and $4.80-$5.00 for 2025, reflecting mixed views on Expeditors' profitability amid market volatility. |
Operational Challenges | Delve into Expeditors' struggle with rising transportation and personnel expenses, impacting operational performance and raising concerns about future profitability. |
Strategic Positioning | Explore Expeditors' potential to leverage its global presence and integrated services to capture market share in evolving supply chain landscapes. |
Metrics to compare | EXPD | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipEXPDPeersSector | |
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P/E Ratio | 22.8x | 10.0x | 11.8x | |
PEG Ratio | −6.30 | −0.27 | 0.03 | |
Price/Book | 7.1x | 2.0x | 1.4x | |
Price / LTM Sales | 1.7x | 0.6x | 1.2x | |
Upside (Analyst Target) | −1.9% | −6.3% | 20.1% | |
Fair Value Upside | Unlock | 31.2% | 6.1% | Unlock |