EXPD Q4 2023 Earnings — Expeditors International of Washington, Inc. Revenue & Financial Results | Market Cap Arena

EXPDExpeditors International of Washington, Inc.

$19B

Q4 2023 Earnings

Industrials Integrated Freight & Logistics

Income Statement

Revenue

$2.3B-33.8% YoY

Gross Profit

$275M12.1% margin

Operating Income

$199M8.8% margin

Net Income

$159M7.0% margin

EPS (Diluted)

$1.09

QoQ Revenue Growth

+4.0%

Cash Flow

Operating Cash Flow

$158M

Free Cash Flow

$148M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$4.5B

Total Liabilities

$2.1B

Stockholders' Equity

$2.4B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.3B	$3.4B	-33.8%
Gross Profit	$275M	$437M	-37.0%
Operating Income	$199M	$330M	-39.5%
Net Income	$159M	$219M	-27.6%

Revenue Segments

Customs Brokerage And Other Services

$900M40%

Airfreight Services

$866M38%

Ocean Freight And Ocean Services

$512M22%

Geographic Segments

United States Segment

$775M34%

North Asia Segment

$573M25%

Europe Segment

$541M24%

South Asia Segment

$234M10%

Other North America Segment Member

$110M5%

Latin America Segment

$45M2%