EXPEDITORS INTERNATIONAL OF WASHINGTON INC
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | – | – |
| Stockholders' equity | 2,356 | 100.0 |
| Total capitalization | 2,356 | 100.0 |
129,990,622 shares outstanding at 31 July 2026 (cover page of the 10-Q filed 5 August 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Not tagged in XBRL |
CAPITAL STOCK 12/31/25
| Common shares authorized | 640,000,000 |
| Common shares issued | 133,884,000 |
| Par or stated value per share ($) | 0.01 |
| Preferred stock ($ millions) | 0 |
| Outstanding at 7/31/26 | 129,990,622 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 1.54 | 25.9 |
| 2024 | 1.46 | 25.5 |
| 2023 | 1.38 | 27.5 |
| 2022 | 1.34 | 16.2 |
| 2021 | 1.16 | 14.0 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Washington.
BUSINESS: Classified by the SEC under Standard Industrial Classification 4731, Arrangement of Transportation of Freight & Cargo. Large accelerated filer. Principal executive office: 3545 Factoria Blvd. Se, Sterling Plaza 2, 3Rd Floor, Bellevue, WA 98006. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 11,069 | 10,601 | 9,300 |
| Depreciation and amortization | 57 | 61 | 68 |
| Operating income | 1,053 | 1,041 | 940 |
| Interest expense | – | – | 5 |
| Income before income taxes | 1,094 | 1,095 | 1,015 |
| Income taxes | 282 | 283 | 263 |
| Net income | 810 | 810 | 753 |
| Earned per share, diluted ($) | 5.95 | 5.72 | 5.01 |
| Dividends per share ($) | 1.54 | 1.46 | 1.38 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 1,314 | 1,148 |
| Receivables, net | 2,022 | 1,998 |
| Total current assets | 3,756 | 3,660 |
| Property, plant and equipment, net | 462 | 449 |
| Goodwill | 8 | 8 |
| Total assets | 4,894 | 4,754 |
| Total current liabilities | 2,073 | 2,066 |
| Stockholders' equity | 2,356 | 2,223 |
| Total liabilities and equity | 4,894 | 4,754 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 11,069 | 1,053 | 810 | 7.3 | 5.95 | 1.54 | 1,007 | 53 | 953 | 4,894 | 2,536d | – | 2,356 | 34.4 | – |
| 12/31/24 | 10,601 | 1,041 | 810 | 7.6 | 5.72 | 1.46 | 723 | 40 | 683 | 4,754 | 2,529d | – | 2,223 | 36.4 | – |
| 12/31/23 | 9,300 | 940 | 753 | 8.1 | 5.01 | 1.38 | 1,053 | 39 | 1,014 | 4,524 | 2,132d | – | 2,390 | 31.5 | – |
| 12/31/22 | 17,071 | 1,824 | 1,357 | 8.0 | 8.26 | 1.34 | 2,130 | 87 | 2,043 | 5,590 | 2,477d | – | 3,110 | 43.6 | – |
| 12/31/21 | 16,524 | 1,909 | 1,415 | 8.6 | 8.27 | 1.16 | 868 | 36 | 832 | 7,610 | 4,112d | – | 3,494 | 40.5 | – |
| 12/31/20 | 9,584 | 940 | 696 | 7.3 | 4.07 | 1.04 | 655 | 48 | 607 | 4,928 | 2,264d | – | 2,660 | 26.2 | – |
| 12/31/19 | 7,942 | 767 | 590 | 7.4 | 3.39 | 1.00 | 772 | 47 | 725 | 3,692 | 1,495d | – | 2,195 | 26.9 | – |
| 12/31/18 | 8,138 | 797 | 618 | 7.6 | 3.48 | 0.90 | 573 | 47 | 525 | 3,315 | 1,327d | – | 1,987 | 31.1 | – |
| 12/31/17 | 6,921 | 700 | 489 | 7.1 | 2.69 | 0.84 | 489 | 95 | 394 | 3,117 | 1,123d | – | 1,992 | 24.6 | – |
| 12/31/16 | 6,098 | 670 | 431 | 7.1 | 2.36 | 0.80 | 529 | 59 | 470 | 2,791 | 944d | – | 1,845 | 23.4 | – |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
EXPEDITORS INTERNATIONAL OF WASHINGTON INC
CIK 746515 · EIN 91-1069248
PRINCIPAL OFFICE:
3545 Factoria Blvd. Se, Sterling Plaza 2, 3Rd Floor, Bellevue, WA 98006
Tel.: 2066743400
INCORPORATED:
Washington
INDUSTRY (SEC SIC CODE):
4731 · Arrangement of Transportation of Freight & Cargo
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 25 February 2026
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/25/26) · 10-K FY2024 (filed 2/21/25) · 10-K FY2023 (filed 2/23/24) · 10-K FY2022 (filed 3/1/23) · 10-K FY2021 (filed 3/15/22) · 10-K FY2020 (filed 2/19/21) · 10-K FY2019 (filed 2/21/20) · 10-K FY2018 (filed 2/22/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.