Industrials

Expeditors International of Washington, Inc. (EXPD)

$157.87
-1.35%
$20.7B
Market Cap
25.5
P/E Ratio
1.03
Beta
1.03%
Dividend Yield
Piotroski 8/9Altman Z 8.6 SafeBeneish M -2.55 CleanROIC−WACC +18.2%

Quantitative Summary

Deterministic

At 25.5x earnings — a 43% discount to the sector average of 44.7x — EXPD is in the lower valuation range. Financial health metrics are strong: Piotroski 8/9, Altman Z 8.6 (above 3.0 safe zone threshold). DCF fair value of $69 implies 52% downside based on model assumptions.

Generated deterministically from quant metrics and financial statements. Not a recommendation.

Algorithmic Teardown

AI-Generated

Expeditors International of Washington, Inc. demonstrates robust fundamental economics characterized by a substantial ROIC-WACC spread of +18.0%, indicating high capital efficiency relative to the cost of equity and debt. The DuPont decomposition reveals that this return on equity of 34.4% is primarily driven by exceptional asset turnover at 2.26x rather than leverage or margins, which sit at a modest 7.3%. This operational model is reinforced by strong financial health metrics, including a Piotroski F-Score of 8/9 and an Altman Z-Score of 8.7, while the Beneish M-Score of -2.55 suggests low earnings manipulation risk. However, revenue growth has moderated to 4.4% year-over-year, signaling that the high returns are sustained through efficiency rather than rapid top-line expansion.

Valuation analysis presents a divergence between market pricing and intrinsic value models. The stock currently trades at a P/E of 24.5x, which is significantly compressed relative to the sector average of 44.2x, suggesting the market may be discounting future prospects or penalizing slower growth expectations. Conversely, DCF modeling implies a fair value of $68 with an upside calculation showing -52.5%, indicating that current prices are substantially higher than the model's discounted cash flow output based on a 9.5% implied free cash flow growth rate over ten years. This discrepancy suggests the market is pricing in robust long-term execution despite the stock trading at a discount to historical and peer multiples, creating an environment where valuation models diverge from relative value metrics.

Risk factors are nuanced by factor exposure data showing positive contributions from both profitability (RMW: 0.419) and value (HML: 0.172), alongside a modest Fama-French alpha of 0.56%. Despite these favorable risk-adjusted return characteristics, insider activity over the last ninety days recorded $2,376,299 in net selling, which warrants attention as a counterweight to the strong fundamental scores and factor tilts. The synthesis of high profitability factors against significant insider outflows suggests that while the business model remains highly efficient, internal stakeholders may perceive specific near-term headwinds not fully captured by standard valuation multiples or growth assumptions.

Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.

DCF Sandbox

Interactive
Market Price
$157.87
Fair Value
$68
Implied Upside
-57.0%
$68IMPLIED FAIR VALUEOVERVALUEDOVERUNDER
Growth Rate (Y1–5)-6%
-10%20%50%
Discount Rate (WACC)11.3%
5%12.5%20%

5-year two-stage DCF. Terminal growth 3%. Default sliders match the pre-computed base case. Drag to explore scenarios. Not investment advice.

Reverse DCFMarket-Implied
9.2%annual FCF growth priced in at $157.87

The growth rate the market implicitly expects over the next 10 years to justify today's price. Compare with historical growth of 4% YoY revenue.

Sensitivity Matrix

TG ↓ / WACC →9.3%11.3%13.3%
2%$80$64$55
3%$88$69$58
4%$99$75$61

Center = base case. Green = >10% upside, Red = >10% downside vs $157.87.

Pre-computed DCF: WACC=11.3%, terminal growth 3%. Fair value $69 (-52.0%). Not investment advice.

Valuation Context

25.5x
EXPD P/E
44.7x
Sector Avg
18.7x
5Y Avg P/E
-43%
vs Sector

Currently trading 29% above its 5-year average P/E of 18.7x.

Price Chart with Moving Averages

Loading chart...
SMA 50 SMA 200

Technical Setup

AI Generated

Expeditors International of Washington, Inc. is currently trading at $158.42 within the Industrials sector. Without specific data regarding Simple Moving Average envelopes or defined support and resistance levels derived from historical price action in this prompt, a precise assessment of whether the current valuation sits near mean-reversion zones or extended deviations remains technically incomplete based solely on the provided figure. In the absence of these comparative metrics, it is impossible to determine if the stock exhibits characteristics typical of an overbought condition seeking correction or an oversold state anticipating recovery. The position relative to a theoretical moving average band cannot be established without knowing the specific timeframes and volatility parameters that define such envelopes for this asset class at this moment. Technical analysis relies heavily on the relationship between current pricing and dynamic trend lines, yet the necessary data points to calculate these relationships are not present here. Consequently, any discussion regarding mean-reversion potential must remain speculative rather than factual. The market price of $158.42 exists in a vacuum without context from recent average prices or volatility bands that would signal whether traders might expect a bounce back toward historical norms or continued momentum away from them. Until the missing envelope data is supplied, the technical setup regarding relative value and potential reversal patterns cannot be objectively synthesized. Readers are advised to consult full charting software with access to EXPD's historical price series to generate accurate moving average bands before forming conclusions about mean reversion. The current single-price snapshot does not provide sufficient

RSI (14)
SMA 50
SMA 200

Quant Health Deep Dive

8/9
Piotroski F-Score
Strong — high operational efficiency and profitability signals
8.6
Altman Z-Score
Safe Zone — above 3.0 threshold per academic model. Thresholds: >3 safe, 1.8–3 grey, <1.8 distress.
-2.55
Beneish M-Score
Below threshold — no statistical earnings quality concern per Beneish model. Threshold: <-2.22 = below threshold.

Profitability & Value Creation

12.9%
Gross Margin
7.3%
Net Margin
29.5%
ROIC
11.3%
WACC
ROIC − WACC Spread: +18.2%— Positive value creation spread.
+4.4%
Revenue Growth (YoY)
+0.0%
Earnings Growth (YoY)
953.4M
Free Cash Flow
22%
FCF Payout Ratio

✅ Conservative payout — room for dividend increases.

DuPont Analysis — ROE Decomposition

Breaking down Return on Equity to see how the company generates its ROE — efficiency, margins, or leverage.

7.3%
Net Profit Margin
NI ÷ Revenue
×
2.26x
Asset Turnover
Revenue ÷ Assets
×
2.08x
Equity Multiplier
Assets ÷ Equity
=
34.4%
Return on Equity
✅ ROE driven by high asset turnover — an efficient, capital-light business.

Balance Sheet Health

1.08x
Debt / Equity
1.81x
Current Ratio
-0.8x
Net Debt / EBITDA
5.23%
FCF Yield
1.1B
EBITDA

Insider Activity (Last 90 Days)

Net Insider Flow
-$2M
Net Selling
0
Buy Transactions
2
Sale Transactions
2026-02-27WALL DANIEL R.Sold 2/8 qtrsSale$884,927
2026-02-27BELL BLAKE RSold 3/8 qtrsSale$1M
2026-02-25BELL BLAKE RSold 3/8 qtrsGrant17,190 shares
2026-02-25BLACKER KELLY KGrant4,523 shares
2026-02-25WALL DANIEL R.Sold 2/8 qtrsGrant10,181 shares

Open-market buys vs sells by company insiders. Source: yfinance.

Earnings Surprise History

Q4
✓ Beat
Est: $1.35
Act: $1.47
+9.1%
Q3
✓ Beat
Est: $1.24
Act: $1.34
+7.9%
Q2
✓ Beat
Est: $1.39
Act: $1.64
+18.1%
Q1
✓ Beat
Est: $1.46
Act: $1.49
+1.9%

EPS estimates vs actuals for the most recent reported quarters. Source: yfinance.

Dividend History

$0.8100
Latest Dividend
$1.54
2025 Total
+5.5%
YoY Growth
19 yrs
Consecutive Increases
Annual Dividends per Share
$0.11
2006
$0.28
2007
$0.32
2008
$0.38
2009
$0.40
2010
$0.50
2011
$0.56
2012
$0.60
2013
$0.64
2014
$0.72
2015
$0.80
2016
$0.84
2017
$0.90
2018
$1.00
2019
$1.04
2020
$1.16
2021
$1.34
2022
$1.38
2023
$1.46
2024
$1.54
2025
$0.81
2026
DateAmountChange
2026-06-01$0.8100+5.2%
2025-12-01$0.77000.0%
2025-06-02$0.7700+5.5%
2024-12-02$0.73000.0%
2024-06-03$0.7300+5.8%
2023-11-30$0.69000.0%
2023-05-31$0.6900+3.0%
2022-11-30$0.67000.0%
2022-05-31$0.6700+15.5%
2021-11-30$0.58000.0%
2021-05-28$0.5800+11.5%
2020-11-30$0.52000.0%
Stock Splits
2006-06-26: 2:12002-06-25: 2:11999-06-01: 2:11996-12-12: 2:11993-11-12: 2:11986-09-26: 1.5:1

Dividend and split data from SEC filings and market data. Amounts are per share, not adjusted for splits. Source: yfinance.

Risk Profile

26.3%
Annual Volatility
0.92
Sharpe (1Y)
0.39
Sharpe (3Y)
-21.3%
Max Drawdown (3Y)
-35.6%
Max Drawdown (5Y)

Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

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Rolling 60-Day Beta vs S&P 500 (VOO)

How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

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Rolling Beta Market (β = 1.0)

Fama-French 5-Factor Exposure

Academic factor model decomposition — what's really driving this stock's returns.

0.80
Market β
Mkt-RF
+0.321
Size (SMB)
Small-cap tilt
+0.172
Value (HML)
Value tilt
+0.419
Profit (RMW)
Robust
+0.134
Invest (CMA)
Conservative
Alpha (annual): +0.56%
R²: 24.3%of variance explained by 5 factors

Fama-French 5-Factor Model. Data: Kenneth French Data Library. Regression over 3 years of daily returns.

Fundamentals

23.2
Forward P/E
3.71
PEG Ratio
9.13
Price/Book
1M
Avg Volume
$167.19
52W High
$109.90
52W Low
84%
52W Range Position

Passive Flow Attribution

ETF Draft Effect
$3.1B
Tracked Passive Exposure
8
ETFs Holding EXPD
0.05%
Avg Weight in ETFs
$6.2T
Total ETF AUM

When investors buy or sell ETFs like XTN or NOBL, the fund manager is mechanically forced to buy or sell EXPD shares regardless of Expeditors International of Washington, Inc.'s individual fundamentals. We estimate $3.1B of passive capital is structurally linked to EXPD through 8 tracked ETFs. Index rebalances and ETF creation/redemption cycles can create noticeable volume spikes unrelated to company news.

Passive exposure = Σ (ETF AUM × stock weight in ETF) across 8 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.

ETF Contagion Visualizer

Simulate a price drop in Expeditors International of Washington, Inc. to visualize passive redemption contagion across ETFs and collateral stocks.

EXPD Shock
-0%
Est. Passive Redemption
$0
Systemic Risk
STABLE
EXPDEpicenterVTIETFVOOETFIVVETFCATLow RiskGELow RiskUNPLow RiskGEVLow RiskCSXMed Risk
EXPD Price Drop (%)0

If Expeditors International of Washington, Inc. (EXPD) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies CATERPILLAR INC (CAT) as the most exposed collateral stock, sharing 2 ETFs with EXPD. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.

Contagion model based on shared ETF exposure and constituent weights across 34 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.

EXPD Ownership Dynamics

Passive funds hold 1 in every 6 EXPD shares, reducing daily market volatility.

Ticker
EXPD
Total Shares
131M
ETF Lock-Up
16.7%
Display Mode
Total Float Impact
16.7%Locked Float

Expeditors International of Washington, Inc. (EXPD) exerts notable gravity on the passive index market, currently representing 2.5% of the XTN (XTN) and 1.2% of the ProShares S&P 500 Dividend Aristocrats ETF (NOBL). Across 34 tracked ETFs, approximately 22M shares (16.7% of float) are held by passive funds and rarely trade on the open market. This level of passive ownership means index rebalances can create outsized volume events.

Float lock-up computed from 34 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).

EXPD Institutional Volume Profile

252-day volume distribution by price level. The Point of Control (POC) marks the price where the most institutional volume transacted — an implicit support/resistance floor.

TICKER
EXPD
PRICE
$157.87
FLOOR (POC)
$119.45
STRENGTH
High
$111$11411%$1177%$119POC 12%$122$125$128$131$134$137$140$1437%$1459%$1487%$1517%$154$157$157.87$160$163$166
Focus Zone
Point of Control (POC) Support (below price) Resistance (above price) Current Price

The highest-volume price zone for Expeditors International of Washington, Inc. over the past year sits near $119.45 (12% of 252-day volume). The current price of $157.87 trades 32.2% above this institutional floor — a sign of upside momentum, though a pullback to the POC zone is a common reversion target. The highly concentrated volume profile (12% at POC) indicates strong consensus on fair value — institutional participants have repeatedly transacted near this price.

Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.

EXPD Capital Efficiency

How efficiently does Expeditors International of Washington, Inc. convert operating profits into free cash? The FCF Conversion ratio measures the gap between accounting earnings and real cash generation.

Free Cash Flow
$953M
EBITDA
$1.1B
FCF Conversion
86%
Reinvestment Rate
14%
86% of EBITDA → Free Cash
0% (cash burn)25% (low)50% (efficient)100% (pure cash)
ROIC
29.5%
ROIC − WACC Spread
18.2%

Expeditors International of Washington, Inc. converts 86% of its EBITDA into free cash flow, an exceptional conversion rate indicating an asset-light business model with minimal capital reinvestment drag. The positive ROIC-WACC spread of 18.2% confirms that reinvested capital creates shareholder value.

Capital efficiency = Free Cash Flow ÷ EBITDA. Reinvestment = (EBITDA − FCF) ÷ EBITDA. Metrics from latest annual filings. Not investment advice.

Fails-to-Deliver (FTD) History

SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.

DateFailed SharesClose PriceNotional Value
2026-05-041$147.23$147.23
2026-04-308$148.79$1,190.32
2026-04-282$148.10$296.2
2026-04-241$149.75$149.75
2026-04-153$144.91$434.73
2026-04-103,562$144.83$515,884.46
2026-04-082,681$144.53$387,484.93
2026-03-2513$141.97$1,845.61
2026-03-231$146.35$146.35
2026-03-20840$147.24$123,681.6
2026-03-164$142.55$570.2
2026-03-10581$145.24$84,384.44
2026-02-203,055$150.70$460,388.5
2026-02-064$163.78$655.12
2026-01-30340$161.50$54,910
2026-01-288$158.38$1,267.04
2026-01-276$158.84$953.04
2026-01-269$159.21$1,432.89
2026-01-2345$160.80$7,236
2026-01-2245$162.51$7,312.95
2026-01-2145$159.12$7,160.4
2026-01-2045$162.41$7,308.45
2026-01-1656$163.76$9,170.56
2026-01-15202$162.22$32,768.44
2026-01-14126$160.69$20,246.94
2026-01-13146$161.12$23,523.52
2026-01-1226,962$158.89$4.3M
2026-01-0836,413$156.90$5.7M
2026-01-0626,657$154.40$4.1M
2025-12-301,276$151.06$192,752.56

Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.

Price Correlations

Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.

Peer252-Day (1Y)126-Day (6M)Direction
WTGXXNaNNaN
CHRW0.6150.581Moderate
ODFL0.5310.399Moderate
RXO0.5090.447Moderate
DD0.4640.394Moderate
JBHT0.4470.291Moderate
PCAR0.4450.341Moderate
SPG0.4410.392Moderate
SWK0.4400.272Moderate
J0.4370.372Moderate

Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.

Compare EXPD to Peers

Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.

SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.