EXPD Q2 2024 Earnings — Expeditors International of Washington, Inc. Revenue & Financial Results | Market Cap Arena

EXPDExpeditors International of Washington, Inc.

$19B

Q2 2024 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$2.4B+8.9% YoY

Gross Profit

$299M12.2% margin

Operating Income

$224M9.2% margin

Net Income

$175M7.2% margin

EPS (Diluted)

$1.24

QoQ Revenue Growth

+10.5%

Cash Flow

Operating Cash Flow

$127M

Free Cash Flow

$119M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$4.8B

Total Liabilities

$2.6B

Stockholders' Equity

$2.2B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$2.2B	+8.9%
Gross Profit	$299M	$318M	-6.2%
Operating Income	$224M	$248M	-9.9%
Net Income	$175M	$197M	-10.8%

Revenue Segments

Customs Brokerage And Other Services

$927M38%

Airfreight Services

$860M35%

Ocean Freight And Ocean Services

$652M27%

Geographic Segments

United States Segment

$779M32%

North Asia Segment

$637M26%

Europe Segment

$580M24%

South Asia Segment

$288M12%

Other North America Segment Member

$111M5%

Latin America Segment

$45M2%