EXPD Q4 2022 Earnings — Expeditors International of Washington, Inc. Revenue & Financial Results | Market Cap Arena

EXPDExpeditors International of Washington, Inc.

$19B

Q4 2022 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$3.4B-36.2% YoY

Gross Profit

$437M12.7% margin

Operating Income

$330M9.6% margin

Net Income

$219M6.4% margin

EPS (Diluted)

$1.38

QoQ Revenue Growth

-21.1%

Cash Flow

Operating Cash Flow

$487M

Free Cash Flow

$468M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$5.6B

Total Liabilities

$2.5B

Stockholders' Equity

$3.1B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$5.4B	-36.2%
Gross Profit	$437M	$698M	-37.4%
Operating Income	$330M	$624M	-47.1%
Net Income	$219M	$453M	-51.6%

Revenue Segments

Airfreight Services

$1.2B35%

Ocean Freight And Ocean Services

$1.1B33%

Customs Brokerage And Other Services

$1.1B32%

Geographic Segments

United States Segment

$1.1B32%

North Asia Segment

$969M28%

Europe Segment

$794M23%

South Asia Segment

$368M11%

Other North America Segment Member

$127M4%

Latin America Segment

$66M2%