EXPD Q2 2022 Earnings — Expeditors International of Washington, Inc. Revenue & Financial Results | Market Cap Arena

EXPDExpeditors International of Washington, Inc.

$19B

Q2 2022 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$4.6B+27.5% YoY

Gross Profit

$588M12.8% margin

Operating Income

$506M11.0% margin

Net Income

$378M8.2% margin

EPS (Diluted)

$2.27

QoQ Revenue Growth

-1.3%

Cash Flow

Operating Cash Flow

$559M

Free Cash Flow

$520M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$7.4B

Total Liabilities

$3.8B

Stockholders' Equity

$3.5B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.6B	$3.6B	+27.5%
Gross Profit	$588M	$471M	+24.8%
Operating Income	$506M	$411M	+23.2%
Net Income	$378M	$316M	+19.4%

Revenue Segments

Ocean Freight And Ocean Services

$1.8B38%

Airfreight Services

$1.6B35%

Customs Brokerage And Other Services

$1.2B27%

Geographic Segments

North Asia Segment

$1.6B34%

United States Segment

$1.3B27%

Europe Segment

$934M20%

South Asia Segment

$611M13%

Other North America Segment Member

$145M3%

Latin America Segment

$66M1%