EXPDExpeditors International of Washington, Inc.

$19B

Q1 2024 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$2.2B-14.9% YoY

Gross Profit

$284M12.9% margin

Operating Income

$215M9.7% margin

Net Income

$169M7.7% margin

EPS (Diluted)

$1.17

QoQ Revenue Growth

-3.1%

Cash Flow

Operating Cash Flow

$257M

Free Cash Flow

$247M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$4.5B

Total Liabilities

$2.3B

Stockholders' Equity

$2.2B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$2.6B	-14.9%
Gross Profit	$284M	$351M	-19.1%
Operating Income	$215M	$276M	-22.2%
Net Income	$169M	$226M	-25.2%

Revenue Segments

Customs Brokerage And Other Services

$877M40%

Airfreight Services

$759M34%

Ocean Freight And Ocean Services

$571M26%

Geographic Segments

United States Segment

$752M34%

North Asia Segment

$545M25%

Europe Segment

$532M24%

South Asia Segment

$228M10%

Other North America Segment Member

$107M5%

Latin America Segment

$44M2%

EXPD Q1 2024 Earnings — Expeditors International of Washington, Inc. Revenue & Financial Results | Market Cap Arena