Expeditors International Of Washington (EXPD)

Company Profile

expeditors is a global logistics company headquartered in seattle, washington. as a fortune 500 company, we employ over 14,600 trained professionals in a worldwide network of over 250 locations across six continents. expeditors satisfies the increasingly sophisticated needs of international trade through customized solutions and seamless, integrated information systems. our services include air and ocean freight consolidation and forwarding, vendor consolidation, customs clearance, cargo insurance, distribution and other value added logistics services. at expeditors, we pride ourselves on being a solutions-based organization and take time to understand each customer's individual business needs. as a non-asset based organization, we have considerable flexibility when managing customers' supply chains. due to our relationships with local suppliers and global air and ocean partners, we can provide customers with the best routing and pricing options. our comprehensive, flexible spectrum

Company profile

Ticker

EXPD

Exchange

NYSE

Website

www.expeditors.com/

CEO

Jeffrey Musser

Incorporated

Washington

Location

Washington

Fiscal year end

Dec 31

Sector

Transportation and Warehousing > Freight Transportation Arrangement

Industry (SIC)

Arrangement of Transportation of Freight & Cargo

C.H. Robinson Worldwide • Brink`s • Hub • Navios South American Logistics • Forward Air • Echo Global Logistics • Hunter Maritime Acquisition • Radiant Logistics • Jayud Global Logistics • Singularity Future Technology ...

SEC CIK

0000746515

Corporate docs

Articles of Incorporation & Bylaws

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Beijing Kang Jie Kong International • Cargo Signal Solutions, LLC • E.I. Freight (U.S.A.), Inc. • EIF Sdn Bhd • Expeditors (Bangladesh), Ltd. • Expeditors (China) Co., Ltd. • Expeditors (Malaysia) Sdn Bhd • Expeditors (Portugal) Transitarios Internacionais, Lda. • Expeditors (Thailand) Ltd. • Expeditors Argentina S.A. ...

IRS number

911069248

EXPD stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

Voluntary exchange delisting

20 Nov 23

CERT

Certification of approval for exchange listing

16 Nov 23

8-A12B

Registration of securities on exchange

16 Nov 23

8-K

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

8 Nov 23

Results of Operations and Financial Condition

7 Nov 23

8-K

Departure of Directors or Certain Officers

2 Nov 23

8-K

Departure of Directors or Certain Officers

6 Oct 23

8-K

Regulation FD Disclosure

24 Aug 23

Latest ownership filings

View all

Christopher J. McClincy

Financial summary

Financial statements Chart EXPD financial data

Quarter (USD)	Sep 23	Jun 23	Mar 23	Dec 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.64 bn	1.64 bn	1.64 bn	1.64 bn	1.64 bn	1.64 bn
Cash burn (monthly)	19.72 mm	42.93 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	45.44 mm	98.92 mm	n/a	n/a	n/a	n/a
Cash remaining	1.59 bn	1.54 bn	n/a	n/a	n/a	n/a
Runway (months of cash)	80.8	35.9	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2023

EXPD institutional ownership history Ownership history

95.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	744	764	-2.6%
Opened positions	68	84	-19.0%
Closed positions	88	70	+25.7%
Increased positions	265	230	+15.2%
Reduced positions	284	318	-10.7%

13F shares	Current	Prev Q	Change
Total value	15.93 tn	17.08 tn	-6.7%
Total shares	138.97 mm	141.28 mm	-1.6%
Total puts	101.50 k	134.10 k	-24.3%
Total calls	157.20 k	92.70 k	+69.6%
Total put/call ratio	0.6	1.4	-55.4%

Largest owners	Shares	Value	Change
BLK Blackrock	18.64 mm	$2.14 tn	-1.6%
Vanguard	17.57 mm	$2.01 tn	-3.8%
STT State Street	8.30 mm	$951.25 bn	+0.2%
Loomis Sayles & Co L P	6.22 mm	$713.31 bn	-3.4%
Geode Capital Management	3.74 mm	$428.51 bn	-0.9%
Boston Partners	2.95 mm	$338.44 bn	-1.1%
IVZ Invesco	2.71 mm	$311.21 bn	+11.2%
First Eagle Investment Management	2.66 mm	$305.05 bn	-2.4%
BAC Bank Of America	2.61 mm	$299.58 bn	-11.1%
Wellington Management	2.51 mm	$287.35 bn	-2.2%

Largest transactions	Shares	Bought/sold	Change
Nordea Investment Management Ab	1.65 mm	+1.65 mm	NEW
BLS Capital Fondsmaeglerselskab A/s	1.31 mm	-900.48 k	-40.7%
Vanguard	17.57 mm	-690.96 k	-3.8%
BAC Bank Of America	2.61 mm	-326.35 k	-11.1%
BLK Blackrock	18.64 mm	-311.48 k	-1.6%
Renaissance Technologies	0.00	-300.52 k	EXIT
Amundi	2.13 mm	+281.82 k	+15.3%
IVZ Invesco	2.71 mm	+273.39 k	+11.2%
Virginia Retirement Systems Et Al	0.00	-256.82 k	EXIT
Intech Investment Management	43.62 k	-249.11 k	-85.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

EXPD insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
5 Dec 23	Rostan Richard H	Common Stock	Gift	Dispose G	No	No	121.04	360	43.57 k	89,729.057
15 Jun 23	Blake R Bell	Dividend Equivalent Rights - 2023 RSUs Common Stock	Grant	Acquire A	No	No	0	50.453	0.00	50.453
15 Jun 23	Blake R Bell	Dividend Equivalent Rights - 2022 RSUs Common Stock	Grant	Acquire A	No	No	0	7.928	0.00	26.314
15 Jun 23	Blake R Bell	Dividend Equivalent Rights - 2021 RSUs Common Stock	Grant	Acquire A	No	No	0	3.6	0.00	17.864
15 Jun 23	Clark Benjamin G.	Dividend Equivalent Rights - 2023 RSUs Common Stock	Grant	Acquire A	No	No	0	13.277	0.00	13.277
15 Jun 23	Clark Benjamin G.	Dividend Equivalent Rights - 2022 RSUs Common Stock	Grant	Acquire A	No	No	0	9.91	0.00	32.893
15 Jun 23	Clark Benjamin G.	Dividend Equivalent Rights - 2021 RSUs Common Stock	Grant	Acquire A	No	No	0	4.497	0.00	21.831
15 Jun 23	Dickerman Jeffrey F	Dividend Equivalent Rights - 2023 RSUs Common Stock	Grant	Acquire A	No	No	0	13.277	0.00	13.277
15 Jun 23	Dickerman Jeffrey F	Dividend Equivalent Rights - 2022 RSUs Common Stock	Grant	Acquire A	No	No	0	9.91	0.00	32.893
15 Jun 23	Dickerman Jeffrey F	Dividend Equivalent Rights - 2021 RSUs Common Stock	Grant	Acquire A	No	No	0	4.497	0.00	21.831