EXPD Q3 2024 Earnings — Expeditors International of Washington, Inc. Revenue & Financial Results | Market Cap Arena

EXPDExpeditors International of Washington, Inc.

$19B

Q3 2024 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$3.0B+37.0% YoY

Gross Profit

$379M12.6% margin

Operating Income

$302M10.1% margin

Net Income

$230M7.7% margin

EPS (Diluted)

$1.63

QoQ Revenue Growth

+23.0%

Cash Flow

Operating Cash Flow

$90M

Free Cash Flow

$78M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$5.2B

Total Liabilities

$2.8B

Stockholders' Equity

$2.4B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$2.2B	+37.0%
Gross Profit	$379M	$301M	+25.8%
Operating Income	$302M	$216M	+39.5%
Net Income	$230M	$171M	+34.0%

Revenue Segments

Ocean Freight And Ocean Services

$1.0B34%

Customs Brokerage And Other Services

$996M33%

Airfreight Services

$987M33%

Geographic Segments

North Asia Segment

$914M30%

United States Segment

$855M28%

Europe Segment

$611M20%

South Asia Segment

$445M15%

Other North America Segment Member

$114M4%

Latin America Segment

$62M2%