EXPD
Expeditors International of Washington, Inc.149.98
-1.59-1.05%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
20.36BP/E (TTM)
24.47Basic EPS (TTM)
6.13Dividend Yield
0.01%Recent Filings
8-K
Customs shines amid disruptions
Expeditors disclosed insights on Q4 2025 customs brokerage strength amid Middle East disruptions and tariff volatility, with double-digit year-over-year growth across related services despite ocean volume declines. The firm gained market share through expertise, absorbing volume via headcount that flattened sequentially while investing in AI for efficiency. Customs thrives on complexity. No disintermediation risks from AI, as human judgment prevails.
10-K
FY2025 results
Expeditors posted FY2025 revenues up 4% to $11.1B, with operating income edging 1% higher to $1.05B amid tariff-driven trade chaos; airfreight jumped 9% on 6% tonnage gains and steady rates, while ocean freight tanked 11% from 41% Q4 sell-rate plunge (derived). Customs brokerage soared 13% on complex declarations and tech/AI demand. Q4 saw ocean rates crater 42% y/y yet air/customs held firm, powering $1B operating cash flow—double 2024's. Returned $875M via buybacks and dividends. Volatile tariffs threaten Q4 momentum.
8-K
Q4 EPS falls 11% to $1.49
Expeditors reported Q4 2025 EPS down 11% to $1.49, with revenues off 3% at $2.9B and operating income dropping 17% to $251M versus 2024, hit by ocean rates plunging 41% per container while airfreight tons rose 6%. Customs brokerage and other services surged, fueled by tech investments. Board approved $3B repurchase program. Ocean softness persists.
8-K
New $3B buyback authorized
Expeditors announced a new $3 billion share repurchase program on February 23, 2026, effective after the current authorization expires, allowing repurchases down to 130 million shares. This follows their priority on organic growth investments, with excess cash from strong operating flows returned via dividends and buybacks. Board signals confidence. Forward-looking plans carry risks per SEC filings.
8-K
Martinez employment deal signed
Expeditors locked in Roberto A. Martinez as President, Global Products via employment agreement effective June 1, 2025, with $100,000 annual base salary and incentive eligibility. Severance offers half prior-year total cash comp on no-cause termination; resignation yields one year's base. Six-month non-compete binds him tight. No family ties or related deals disclosed.
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