Sector: Industrials | Industry: Air Freight & Logistics |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1015 Third Avenue SEATTLE WA 98104 |
Tel: | N/A |
Website: | https://www.expeditors.com |
IR: | See website |
Key People | ||
Jeffrey Scott Musser President, Chief Executive Officer, Director | Bradley S. Powell Chief Financial Officer, Senior Vice President | Blake R. Bell President - Global Services |
Kelly K. Blacker President - Global Products | Daniel R. Wall President - Global Geographies and Operations | Christopher J. Mcclincy Senior Vice President, Chief Information Officer |
Jeffrey F. Dickerman Senior Vice President, General Counsel, Corporate Secretary | Benjamin G. Clark Senior Vice President, Chief Strategy Officer |
Business Overview |
Expeditors International of Washington, Inc. provides a full suite of global logistics services, offers customers an international network of people and integrated information systems to support the movement and strategic positioning of goods. As a third-party logistics provider, the Company purchases cargo space from carriers, such as airlines, ocean shipping lines and trucking lines, on a volume basis and resells that space to its customers. The Company provides a range of transportation services and customer solutions, such as customs brokerage, order management, time-definite transportation, warehousing and distribution, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other customized logistics and consulting solutions. In addition, its Project Cargo unit handles special project shipments that move via a single method or combination of air, ocean, and/or ground transportation. |
Financial Overview |
For the fiscal year ended 31 December 2023, Expeditors International of Washngtn Inc revenues decreased 46% to $9.3B. Net income decreased 45% to $752.9M. Revenues reflect North Asia segment decrease of 62% to $2.18B, United states segment decrease of 32% to $3.31B, South Asia segment decrease of 60% to $865.3M. Net income also reflects United states segment income decrease of 53% to $463.8M. |
Employees: | 18,100 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $15,001M as of Dec 31, 2023 |
Annual revenue (TTM): | $9,300M as of Dec 31, 2023 |
EBITDA (TTM): | $1,008M as of Dec 31, 2023 |
Net annual income (TTM): | $752.88M as of Dec 31, 2023 |
Free cash flow (TTM): | $914.11M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 143,899,291 as of Feb 16, 2024 |
Index Membership: | S&P 500, Dow Transportation |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |