Expeditors International (EXPD)
NYSEIndustrialsIntegrated Freight & LogisticsSnapshot 2026-09-04
$188.80+0.89%
Close 2026-09-04 · 1-day change
NYSEIndustrialsIntegrated Freight & LogisticsSnapshot 2026-09-04
QuarterlyIQ Insights · EXPD
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within industrials on a research-validated quality screen. As of 2026-09-04.
The screen ranks EXPD against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated strong grew net income 67% of the time over the next year (vs 52% for the rest of the cohort, n=6958).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Met or beat guidance 0% of the last 1 guided quarters · -0.6% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue to navigate and adapt to volatile air and ocean freight markets, focusing on operational excellence and customer solutions amid geopolitical and market disruptions.
Stated as a priority in 8 of last 8 quarters. Revenue grew from $2.8B in 2026-Q1 to $3.5B in 2026-Q2 (+26%), with airfreight tonnage up 14% and ocean volumes increasing 7% sequentially in 2026-Q2. Management consistently emphasizes the unpredictable freight environment and the need for operational excellence and customer solutions, reflecting delivering progress amid volatility.
“Looking ahead, we expect the freight environment to remain highly unpredictable, as global events and macroeconomic concerns weigh on our customers and our industry.”
“We expect the freight environment to remain highly unpredictable, as global events and macroeconomic concerns weigh on our customers and our industry.”
“We will continue to adjust our ocean operating costs to more properly align with current market conditions.”
“We believe our culture of intense focus on the needs of our customers and our carrier partners provides an ideal platform to showcase the breadth of our global solutions.”
“We are working with each of our regions and districts to increase efficiency and further optimize customer service to drive organic growth and boost profitability.”
“Looking ahead, we currently expect air capacity and rates to remain volatile, it is too early to predict what impact an end to the de minimis exemption may have.”
Continue executing share repurchases as a key capital allocation priority, with a new $3 billion authorization announced in 2026.
Stated as a priority in 8 of last 8 quarters. The company returned $461M in dividends and share repurchases in 2026-Q2 and $748M year-to-date. A new $3B share repurchase program was authorized in early 2026. Management consistently highlights capital returned to shareholders, indicating delivering progress on this priority.
Continue strategic investments in technology, including AI, to enhance productivity, modernize operations, and support growth in high-return areas.
Stated as a priority in 6 of last 6 quarters. Management consistently emphasizes investments in technology and AI to drive productivity and modernization. While specific financial impacts are not quantified, operating efficiency improved to 32.2% in 2026-Q2, indicating progress. The trajectory is delivering with ongoing strategic focus.
“We continue making high-return investments, including additional investments in artificial intelligence and technology talent.”
Focus on disciplined cost control, productivity improvements, and aligning cost structure with market conditions to sustain profitability.
Stated as a priority in 8 of last 8 quarters. Operating income grew from $295M in 2026-Q1 to $350M in 2026-Q2 (+18.5%), with operating efficiency reaching 32.2% in 2026-Q2, above the 30% target. Management consistently highlights disciplined cost control and productivity, indicating delivering progress on profitability and efficiency.
Invest in expanding facilities and services, including temperature-controlled solutions and critical logistics, to serve diverse customer needs in growth markets.
Newly stated in 2026-Q2. Management announced expansion of Critical Logistics Services and investments in facilities to expand capacity for temperature-controlled solutions. This is a recent strategic growth initiative with limited historical recurrence but supported by operational investments.
“We announced expansion of Critical Logistics Services to include expanded global Aircraft on Ground capabilities.”
Over the trailing year it converted 1.06x of net income into operating cash flow. Historically, Industrials names rated neutral grew net income 59% of the time over the next year (vs 53% for the rest of the cohort, n=6654).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity, long-term interest rates, real (inflation-adjusted) rates (low R² over the window).
17 material management or governance events in the past 24 months, led by executive changes. Historically, Industrials names rated neutral grew net income 58% of the time over the next year (vs 56% for the rest of the cohort, n=3431).
Not investment advice. As of 2026-09-04.
“We remain flexible and steadfastly focused on serving our current customers and gaining market share, while keeping costs in check.”
“We believe that global freight markets and pricing are likely to remain volatile for some time.”
“Cash returned to shareholders in the form of share repurchases and dividends was $461 million for the quarter and $748 million year-to-date.”
“We generated $309 million of cash from operations and returned $288 million to shareholders via share repurchases during the first quarter.”
“Returned $150 million and $875 million to shareholders in dividends and share repurchases during the fourth quarter and full year of 2025.”
“Cash returned to shareholders in the form of share repurchases was $212 million; $725 million year-to-date in 2025.”
“Cash returned to shareholders in the form of dividends and share repurchases was $335 million.”
“Returned $177 million to shareholders through stock repurchases during the quarter.”
“Returned $1.1 billion to shareholders through stock repurchases and dividends in 2024.”
“Repurchased $140 million in common stock during the third quarter and $603 million year to date.”
“We are starting to achieve benefits from investments in technology, including artificial intelligence, helping to drive productivity gains.”
“We continue to invest in technology solutions, including AI, to further enhance our productivity.”
“We believe these investments in technology, particularly AI, are critical to our long-term growth and expect attractive returns.”
“We have been careful to make essential investments to further strengthen our critical information systems.”
“We continue to make significant investments in cybersecurity and other technology to protect and upgrade current systems.”
“Operating efficiency increased to 32.2% in Q2, inclusive of restructuring charges.”
“Operating efficiency achieved our 30% historical target.”
“Operating expenses increased less than one percent sequentially compared to Q3 2025.”
“We kept headcount flat and controlled operating expenses while delivering consistent profitability.”
“We increased operating income by 11% while watching expenses closely.”
“Operating efficiency was in line with our 30% target.”
“Operating income grew 51% year-over-year with operating efficiency above 30%.”
“Operating efficiency is now back to our 30% target for the year to date.”
“We continue to invest in our facilities to expand capacity to meet growing demand for temperature-controlled solutions.”