EXPD Q3 2022 Earnings — Expeditors International of Washington, Inc. Revenue & Financial Results | Market Cap Arena

EXPDExpeditors International of Washington, Inc.

$19B

Q3 2022 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$4.4B+1.0% YoY

Gross Profit

$601M13.8% margin

Operating Income

$527M12.1% margin

Net Income

$414M9.5% margin

EPS (Diluted)

$2.54

QoQ Revenue Growth

-5.2%

Cash Flow

Operating Cash Flow

$670M

Free Cash Flow

$654M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$6.6B

Total Liabilities

$3.1B

Stockholders' Equity

$3.5B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.4B	$4.3B	+1.0%
Gross Profit	$601M	$555M	+8.3%
Operating Income	$527M	$490M	+7.6%
Net Income	$414M	$359M	+15.4%

Revenue Segments

Ocean Freight And Ocean Services

$1.7B39%

Airfreight Services

$1.5B34%

Customs Brokerage And Other Services

$1.2B27%

Geographic Segments

North Asia Segment

$1.5B34%

United States Segment

$1.2B29%

Europe Segment

$902M21%

South Asia Segment

$519M12%

Other North America Segment Member

$141M3%

Latin America Segment

$68M2%