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Company

EXPEDITORS INTERNATIONAL OF WASHINGTON INC

Ticker
EXPD
Sector
Industry
Report date
November 4, 2026
Valye AI Score

79

High visibility
Recent developments
Recent developments summary

Recent news highlights Expeditors' Q3 earnings performance with strength in airfreight and ocean freight, ongoing share repurchase programs, and stable risk factors as per SEC filings.

Recent developments:
  • Expeditors reported Q3 earnings with strength in airfreight and ocean freight segments, reflecting operational robustness [N3].
  • Q3 earnings and revenues topped estimates, indicating solid financial performance [N5].
  • The company’s Q3 earnings metrics were compared favorably against market expectations [N4].
  • Expeditors has been preparing for Q3 earnings with market attention on operational results [N7].
  • DHL AG, a competitor, is also reporting Q3 results with expectations of earnings growth, providing industry context [N6].
  • JetBlue announced new nonstop service routes, reflecting broader transportation sector activity [N1].
  • Ryanair reported improved traffic numbers for October 2026, indicating positive trends in air travel demand [N2].
  • Zacks.com highlighted Expeditors among featured companies, underscoring market interest [N8].
Overview

Expeditors International of Washington Inc is a global logistics and freight forwarding company providing air and ocean freight services, customs brokerage, and supply chain solutions. The company generates revenue by managing shipments and logistics for customers worldwide, leveraging a network of offices and technology platforms. It operates in a competitive industry alongside peers such as DHL AG. The company maintains a strong liquidity position and reports stable risk factors as per recent SEC filings.

Executive summary

Financial figures (if any) are summarized from the latest available SEC filings and are provided for informational purposes only — not financial advice. Expeditors International of Washington Inc reported net income of $344.5 million and EPS of $2.65 for the quarter ended September 30, 2026. The company held $1.09 billion in cash and equivalents with a current ratio of 1.56, indicating solid liquidity. Recent news highlights operational strength in airfreight and ocean freight segments and ongoing share repurchase activity.

Scenarios for EXPD

Bull case model:

The company demonstrates operational strength with recent quarterly earnings showing solid net income and EPS. Its liquidity position is robust, supporting ongoing investments and share repurchase programs. Strength in airfreight and ocean freight segments indicates diversified revenue streams. Continued execution on these fronts supports business stability and operational momentum.

Bear case model:

The logistics industry is subject to macroeconomic fluctuations, trade policy changes, and competitive pressures that could impact volumes and margins. The company faces risks related to global supply chain disruptions and regulatory environments. Any deterioration in these factors or operational execution challenges could affect financial performance and business visibility.

Moat:

Expeditors International benefits from a broad global network, established customer relationships, and integrated logistics capabilities that create barriers to entry for competitors. Its expertise in customs brokerage and freight forwarding, combined with technology-enabled supply chain solutions, supports operational efficiency and customer retention. The company's scale and reputation contribute to its competitive positioning in the logistics industry.

Risks overview
Risks summary
The primary risks involve exposure to global economic cycles, regulatory changes, and intense competition in the logistics sector.
Risks details:

• Industry Cyclicality and Economic Sensitivity: The logistics and freight forwarding business is sensitive to global economic conditions, trade volumes, and geopolitical events that can affect demand and pricing.
• Regulatory and Compliance Risks: Changes in customs regulations, trade policies, and compliance requirements can increase operational complexity and costs.
• Competitive Pressure: The company operates in a highly competitive market with large global players, which may pressure pricing and market share.

FINAL FORECAST FOR EXPD

Final take one line
Expeditors International shows strong operational and financial visibility supported by recent SEC filings and active news coverage.
Final take 12 to 24 month view

Business trends: Continued strength in airfreight and ocean freight segments with stable risk factors and active share repurchase programs.
Execution milestones: Delivery of quarterly earnings reports with solid net income and EPS, maintaining liquidity and operational performance.
Key risks: Exposure to global economic cycles, regulatory changes, and competitive pressures in the logistics industry.

Valye AI Visibility Research Score

High visibility

Visibility score reflects the breadth and consistency of available disclosure across SEC filings, recent public reporting, and baseline business context (research-only; not investment advice).

79
LLM visibility overview
LLM Visibility known facts
  • Expeditors International of Washington Inc is a logistics and freight forwarding company.
  • The latest SEC quarterly filing (10-Q) as of 2026-09-30 reports net income of $344.5 million and basic and diluted EPS of $2.65.
  • Cash and cash equivalents at period end were approximately $1.09 billion, with current assets of about $4.64 billion and current liabilities of about $2.98 billion, resulting in a current ratio of 1.56 and a cash ratio of 0.37 as of 2026-09-30.
  • The company reported revenue of approximately $1.9 billion in fiscal year 2017 (historical figure).
  • Recent quarterly earnings reports highlight strength in airfreight and ocean freight segments.
  • There have been no material changes in risk factors since the annual report filed on 2026-02-25.
  • The company has been active in share repurchase programs as reported in early 2026.
  • Recent news coverage includes multiple reports on Q3 earnings performance and operational updates as of November 2026.
  • The company operates in a competitive logistics and freight forwarding industry with peers such as DHL AG.
Sources
Sources - Context summary

Generated 2026-11-04

Sources - Earning calls
Sources - Other context
Sources - SEC Filings
  • S1 | 2026-02-25 | 10-K
  • S2 | 2026-11-04 | 10-Q
Sources - News headlines
  • N1 | 2026-11-03 | www.nasdaq.com | JetBlue Offers New Nonstop Service to Indianapolis and Columbus | https://www.nasdaq.com/articles/jetblue-offers-new-nonstop-service-indianapolis-and-columbus
  • N2 | 2026-11-03 | www.nasdaq.com | Ryanair's Traffic Numbers for October 2026 Improve Year Over Year | https://www.nasdaq.com/articles/ryanairs-traffic-numbers-october-2026-improve-year-over-year
  • N3 | 2026-11-03 | www.nasdaq.com | EXPD Q3 Earnings Beat Estimates on Airfreight and Ocean Strength | https://www.nasdaq.com/articles/expd-q3-earnings-beat-estimates-airfreight-and-ocean-strength
  • N4 | 2026-11-03 | www.nasdaq.com | Expeditors International (EXPD) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates | https://www.nasdaq.com/articles/expeditors-international-expd-q3-earnings-how-key-metrics-compare-wall-street-estimates
  • N5 | 2026-11-03 | www.nasdaq.com | Expeditors International (EXPD) Q3 Earnings and Revenues Top Estimates | https://www.nasdaq.com/articles/expeditors-international-expd-q3-earnings-and-revenues-top-estimates
  • N6 | 2026-10-29 | www.nasdaq.com | DHL AG (DHLGY) to Report Q3 Results: Wall Street Expects Earnings Growth | https://www.nasdaq.com/articles/dhl-ag-dhlgy-report-q3-results-wall-street-expects-earnings-growth
  • N7 | 2026-10-27 | www.nasdaq.com | Expeditors Gears Up for Q3 Earnings: What's in Store for the Stock? | https://www.nasdaq.com/articles/expeditors-gears-q3-earnings-whats-store-stock
  • N8 | 2026-10-15 | www.nasdaq.com | Zacks.com featured highlights include Valero Energy, W.W. Grainger, Expeditors International of Washington, Par Pacific and Casey's General Stores | https://www.nasdaq.com/articles/zackscom-featured-highlights-include-valero-energy-ww-grainger-expeditors-international
Important legal disclaimer

This material is for informational purposes only and does not constitute investment, financial, legal or tax advice, or an offer or solicitation to buy or sell any security. The Valye AI Score is a model-based estimate derived from public information and is subject to change without notice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information herein. Past performance is not indicative of future results. Investors should conduct their own research and consult a qualified financial adviser before making any investment decisions.

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