EXPEDITORS INTERNATIONAL OF WASHINGTON INC

EXPD

Quality scores

Data as of Sep 5, 2026

8 / 9

Strong

8/9 — SOLID fundamentals (high quality).

PassROA > 0 — ROA last year = 16.56 %
PassFCF > 0 — FCF last year = 953.40 mill.
PassFCF > net income (accrual quality) — FCF 953.40 vs. net income 810.33 (mill.)
FailRising ROA — ROA 16.56 % vs. prior year 17.04 %

PassLower long-term leverage — total debt (approx.)/assets 0.12 vs. prior 0.12
PassRising current ratio (more liquidity) — Current ratio 1.81 vs. prior 1.77
PassNo dilution (shares do not grow) — Shares 133.88 mill. vs. prior 138.00 mill.

Test 5: no long-term debt breakdown; approximated with total debt / assets.

Z-Score (original)

9.88

Safe zone

Z''-Score (non-manufacturing)

9.62

Safe zone

Ratio	Value
X1 — Working capital / Total assets	0.34
X2 — Retained earnings / Total assets	0.52
X3 — EBIT / Total assets	0.22
X4 — Market cap / Total liabilities	9.62
X4 — Book equity / Total liabilities	0.93
X5 — Sales / Total assets	2.26