Skip to Content
Morningstar
Get 14 Days Free

Expeditors International of Washington Inc

EXPD Morningstar Rating
Rating as of

Company Profile

Business Description

Expeditors International of Washington is a non-asset-based third-party logistics provider, mainly focused on international freight forwarding. It employs sophisticated IT systems and contracts with airlines and steamship carriers to move customers' freight across the globe. The firm operates roughly 200 full-service office locations worldwide, in addition to numerous satellite locations. In 2019, Expeditors derived 30% of consolidated net revenue from airfreight, 23% from ocean freight, and 47% from customs brokerage and other services.

Contact
1015 Third Avenue
Seattle, WA, 98104
T +1 206 674-3400
Sector Industrials
Industry Integrated Freight & Logistics
Most Recent Earnings Mar 31, 2020
Fiscal Year End Dec 31, 2020
Stock Type Cyclical
Employees 18,000

Related

Stock Strategist Industry Reports
Coronavirus Opportunity and Risk: Industrials, Energy, and Basic Materials
Our analysts discuss where they see value in their sectors today.
Susan Dziubinski
Our Picks
5 Stocks Buffett Might Buy, if He Could
The Oracle of Omaha might take an interest in these high-quality firms if Berkshire were nimble enough.
Karen Wallace
Premium Article
These Wide-Moat Stocks Have an Added Advantage
These 27 companies have network effect as a moat source--and that's been a plus.
Susan Dziubinski
Stock Strategist Industry Reports
How Blockchain Affects Our Coverage
We believe companies with moats from switching costs and intangible assets are less vulnerable.
Jim Sinegal
Quarter-End Insights
Industrials: Macroeconomic Tailwinds Lift Market Valuations
There are a few opportunities for investors, but bargains are rare in industrials overall.
Matthew Young
Stock Strategist Industry Reports
Forwarders Finally See Airfreight Gain Altitude
After being stuck on the runway for more than two years, demand is looking up.
Matthew Young
US Videos
9 New Names Join the Wide Moat Focus Index
Some energy names and out-of-favor companies joined the index, but, in a sign of the times, few deeply discounted stocks.
Matthew Coffina
US Videos
2 Ideas From the Wide Moat Focus Index
StockInvestor editor Matt Coffina reviews the recent additions and subtractions to Morningstar's Wide Moat Focus Index as well as his current favorites among index constituents.
Matthew Coffina
ETF Specialist
An ETF for a Stronger Manufacturing Sector
Slowly and steadily, industrial demand is continuing unabated, both in the U.S. and, surprisingly, in Europe.
Robert Goldsborough
Investing Specialists
Ideas From the Wide Moat Focus Index
Morningstar StockInvestor editor Matt Coffina discusses recent additions to the Wide Moat Focus Index.
Matthew Coffina
Berkshire Coverage
Want to Be Like Buffett? These Stocks Can Help
Although these three firms might be too small for Berkshire, they have great competitive advantages, and our analysts think they're cheap, too.
Jeremy Glaser
Commentary
What Investors Were Researching in March
As the market shrugged off new eurozone worries in March, investors remained focused on finding cheap, wide-moat stocks and income-producing investments.
Jeremy Glaser
Quarter-End Insights
Our Outlook for Industrials Stocks
Recent U.S. economic data bodes well for industrial companies' near-term fortunes.
James Krapfel
Investing Specialists
Our Ultimate Stock-Pickers' Top 10 Buys and Sells
Technology names dominated our list of top-10 purchases, with Microsoft not only being a top-10 holding for our managers, but one of the highest-conviction purchases during the most recent period.
The Morningstar Ultimate Stock-Pickers Team
Investing Specialists
10 New-Money Purchases by Our Ultimate Stock-Pickers
There has been more breadth than depth in the high-conviction and new-money purchases that we've seen so far from our top managers, even with the increase in investor inflows in early part of 2013.
The Morningstar Ultimate Stock-Pickers Team
Quarter-End Insights
Our Outlook for Industrials Stocks
Prospects look positive for autos, railroads, and staffing, while possible sequestration could bode ill for defense.
Keith Schoonmaker
Fund Spy
A Preview of Sequoia's Coming Attractions
Greater diversification means a host of new names.
Kevin McDevitt
Stock Strategist Industry Reports
Two Top-Tier 3PLs Worth a Look: C.H. Robinson and Expeditors
Demand is under pressure, but long-term opportunities remain at these wide-moat logistics firms.
Matthew Young
Investing Specialists
10 High-Conviction Ultimate Stock-Picker Buys
Five-star-rated Devon Energy has been the standout buy so far for our top managers.
The Morningstar Ultimate Stock-Pickers Team
Commentary
Finding Stability Amid Europe Woes
These cheap firms with competitive advantages should help investors ride out the latest shock of volatility from Europe.
Bearemy Glaser