EXPD Q3 2023 Earnings — Expeditors International of Washington, Inc. Revenue & Financial Results | Market Cap Arena

EXPDExpeditors International of Washington, Inc.

$19B

Q3 2023 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$2.2B-49.8% YoY

Gross Profit

$301M13.8% margin

Operating Income

$216M9.9% margin

Net Income

$171M7.8% margin

EPS (Diluted)

$1.16

QoQ Revenue Growth

-2.2%

Cash Flow

Operating Cash Flow

$190M

Free Cash Flow

$182M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$4.6B

Total Liabilities

$2.1B

Stockholders' Equity

$2.5B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$4.4B	-49.8%
Gross Profit	$301M	$601M	-49.8%
Operating Income	$216M	$527M	-59.0%
Net Income	$171M	$414M	-58.6%

Revenue Segments

Customs Brokerage And Other Services

$905M41%

Airfreight Services

$724M33%

Ocean Freight And Ocean Services

$560M26%

Geographic Segments

United States Segment

$785M36%

Europe Segment

$531M24%

North Asia Segment

$515M24%

South Asia Segment

$207M9%

Other North America Segment Member

$106M5%

Latin America Segment

$47M2%