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Expeditors International of Washington, Inc. (EXPD) Stock Analysis

By Nova Skye | AltStation.io | Updated October 13, 2026

Price

$194.24

Change

+0.51%

Market Cap

$25.25B

Avg Volume

1.1M

Company Overview

Expeditors International of Washington (EXPD) is a non-asset-based logistics heavyweight in the Industrials sector, based in Bellevue, Washington. Instead of owning airplanes, cargo ships, or truck fleets, they buy cargo space from carriers and manage global shipments for commercial clients. Their core services include airfreight consolidation, ocean forwarding, customs brokerage, warehousing, and temperature-controlled transit. Companies in sectors like technology, pharmaceuticals, and aviation rely on them for end-to-end cargo routing and trade compliance.

Expeditors holds a top-tier position in global freight forwarding, but it battles massive international rivals like Kuehne+Nagel, DSV, and DHL, alongside domestic players like C.H. Robinson. Its asset-light business model provides a major competitive edge, keeping fixed costs low and protecting cash flow when shipping rates fluctuate. The main threat is rate volatility and margin pressure as European conglomerates consolidate market share. Expeditors defends its turf by prioritizing high-touch customer execution and complex trade compliance over low-margin price wars.

Financially, the company is grinding out steady gains, generating $11.07 billion in full-year 2025 revenue, a 4.4% increase over 2024. Performance across modes is split: airfreight tonnage grew 6% in the fourth quarter of 2025, while ocean container volumes contracted 6%. Management continues to use its cash generation aggressively for shareholder value rather than risky acquisitions. The company returned $875 million via dividends and buybacks in 2025, backed by an authorized $3 billion share repurchase program in early 2026.

Key Financials

Market Cap

$25.25B

Revenue

$12.04B

EBITDA

$1.26B

Gross Margin

13.5%

Profit Margin

7.6%

Revenue Growth

32.1%

Total Cash

$1.03B

Total Debt

$567.28M

Free Cash Flow

$797.56M

52-Week Price Performance Analysis

Price Statistics

P/E Ratio

28.27

Forward P/E

24.04

Beta

1.06

52-Week High

$195.73

52-Week Low

$113.06

EPS

$6.87

50-Day Avg

$187.05

200-Day Avg

$163.76

Price/Book

11.92

Technical Analysis

EXPD trades at $194.24, 97% of the way from its $112.00 52-week low to its $195.73 high. The stock is 1.19% below that high and 72.69% above the low, confirming a powerful 52-week run. Price is 1.78% above its 20-day moving average of $190.02, but momentum has stalled at negative 0.37% over five trading days and negative 0.10% over 20 days. Near-term support sits at $183.66. The $194.24 price is slightly above the listed 30-day resistance level of $194.12, putting the 52-week high at $195.73 back in focus.

Recent News and Developments

Stifel lifts EXPD target to $190

Stifel raised its price target from $184 to $190 on October 8 while keeping a Hold rating. The firm cited Expeditors’ efficient variable-cost model, strong margins and low leverage. Source: Investing.com

Expeditors targets Canadian distribution growth

Expeditors held an October 6 webinar on expanding distribution operations in Canada. Company managers covered industrial space, labor, forklifts and racking, along with the tradeoffs between in-house and third-party logistics models. Source: Seeking Alpha

Expeditors pushes trade-risk training

Expeditors held an October 6 customer webinar on Incoterms and managing risk in global trade. The presentation was built around questions and scenarios submitted by customers. Source: Seeking Alpha

Market Sentiment and Analyst Recommendations

Bull Case

Revenue growth of 32.1% is the strongest reason to own EXPD. The company generated $12.04 billion in revenue and carries just $567.28 million in debt against $1.03 billion in cash. That balance-sheet strength gives Expeditors room to operate without heavy financial pressure. Stifel highlighted the company’s efficient variable-cost model, strong margins and low leverage when it raised its target from $184 to $190 on October 8. Expeditors is also actively targeting Canadian distribution growth and helping customers manage global trade risks. Bulls are buying strong growth, low leverage and a stock trading near its 52-week high, but the current $194.24 price already exceeds the $180.87 consensus target.

Bear Case

The valuation is demanding at 28.27 times earnings. EXPD trades at $194.24, which is $13.37 above the $180.87 analyst target. The stock also sits 97% of the way through its 52-week range, leaving little room for disappointment. Momentum has weakened despite the elevated price, with five-day performance at negative 0.37% and 20-day performance at negative 0.10%. Stifel’s October 8 target increase stopped at $190 and retained a Hold rating, below the current market price. With 15 analysts collectively rating the stock a hold, the bear case is simple: strong operating data may already be priced in.

What to Watch

The first threshold is $195.73, the 52-week high and the clearest test of whether the rally can continue. The stock has already moved above the listed 30-day resistance level of $194.12, so investors should watch whether it can hold that breakout. A drop below the 20-day moving average of $190.02 would weaken the near-term setup. The next downside level is the 30-day low at $183.66. Investors should also track whether revenue growth can remain near 32.1% and whether cash continues to exceed the current $567.28 million debt balance. Over the next quarter, progress in Canadian distribution and evidence that the company’s trade-risk programs are supporting customer demand would strengthen the thesis; failure to justify a 28.27 P/E would weaken it.

Analyst Consensus

HOLD

Based on 15 analyst opinions

Low Target

$100.00

Mean Target

$180.87

High Target

$220.00

Earnings and Financial Data

Sector

Industrials

Industry

Integrated Freight & Logistics

Employees

20,389

Earnings & Dividends

Next Earnings

Nov 03, 2026

EPS (Trailing)

$6.87

Dividend Yield

84.0%

Payout Ratio

23.0%

Frequently Asked Questions

Is EXPD a good stock to buy?

EXPD has 32.1% revenue growth, $1.03 billion in cash and $567.28 million in debt. However, the stock trades at a 28.27 P/E and carries a hold recommendation from 15 analysts, so the takeaway is that the business looks strong but the entry price is demanding.

What is EXPD’s price target?

The analyst target is $180.87, with estimates ranging from $100.00 to $220.00. With EXPD trading at $194.24, the takeaway is that the current price is above the consensus target but below the highest target.

Is EXPD near its 52-week high?

EXPD trades at $194.24 versus a 52-week high of $195.73, and the supplied technical data places it 1.19% below that high. The takeaway is that EXPD is trading near the top of its 52-week range.

What are EXPD’s support and resistance levels?

Near-term support is the 30-day low of $183.66, while the listed near-term resistance level is the 30-day high of $194.12. The takeaway is that the current $194.24 price is slightly above that resistance level.

How strong is EXPD’s balance sheet?

Expeditors has $1.03 billion in total cash and $567.28 million in total debt. The takeaway is that cash exceeds debt, giving the company a solid balance-sheet position.

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Disclaimer: This report is for informational purposes only and does not constitute financial advice. The analysis and opinions expressed are those of AltStation.io and should not be relied upon as the sole basis for investment decisions. Always conduct your own research and consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results. Updated October 13, 2026.