EXPEDITORS INTERNATIONAL OF WASHINGTON INC (EXPD) closed fiscal year 2025 with a gross margin of 12.9 % and a net margin of 7.3 %.
EXPEDITORS INTERNATIONAL OF WASHINGTON INC (EXPD) closed fiscal year 2025 with a gross margin of 12.9 % and a net margin of 7.3 %. The same year shows an EBITDA margin of 10.0 % and an EBIT margin of 9.5 %. The free cash flow margin was 8.6 %. Against the previous year the gross margin moved +0.2 pp and the net margin −0.3 pp. Across the period the gross margin ranges between 12.7 % in 2022 and 33.8 % in 2009. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | 28.46 % | 33.79 % | 28.37 % | 30.78 % | 30.44 % | — | — | — | — | — | — | — | — | — | 12.72 % | 13.39 % | 12.73 % | 12.92 % |
| EBITDA margin (%) | 8.84 % | 9.11 % | 10.39 % | 9.79 % | 10.63 % | 9.52 % | 9.87 % | 9.81 % | 11.60 % | 11.76 % | 10.83 % | 10.45 % | 10.29 % | 10.41 % | 11.87 % | 11.02 % | 10.84 % | 10.40 % | 10.02 % |
| EBIT margin (%) | 8.09 % | 8.40 % | 9.41 % | 9.17 % | 10.04 % | 8.86 % | 9.08 % | 9.06 % | 10.90 % | 10.99 % | 10.12 % | 9.79 % | 9.65 % | 9.81 % | 11.56 % | 10.69 % | 10.11 % | 9.82 % | 9.51 % |
| Net margin (%) | 5.14 % | 5.34 % | 5.87 % | 5.77 % | 6.26 % | 5.56 % | 5.73 % | 5.74 % | 6.91 % | 7.06 % | 7.07 % | 7.60 % | 7.43 % | 7.26 % | 8.57 % | 7.95 % | 8.10 % | 7.64 % | 7.32 % |
| FCF margin (%) | 4.39 % | 6.20 % | 7.24 % | 5.92 % | 6.15 % | 5.38 % | 5.82 % | 5.45 % | 7.89 % | 7.71 % | 5.69 % | 6.45 % | 9.12 % | 6.34 % | 5.04 % | 11.97 % | 10.90 % | 6.44 % | 8.61 % |