July 19, 2026 a 11:30 am
EXPD: Dividend Analysis - Expeditors International of Washington, Inc.
The following analysis provides a comprehensive overview of the dividend profile and financial performance of Expeditors International of Washington, Inc. The company demonstrates a consistent dividend history with a moderate growth rate, supporting its attractiveness to dividend-seeking investors. Despite a comparatively low yield, the company's strong capital efficiency and financial resilience bolster its long-term investment appeal.
📊 Overview
Expeditors International of Washington, Inc. operates in the Logistics sector. With a dividend yield of 0.99%, the current dividend per share is 1.53 USD. The company boasts a robust dividend payment history spanning 34 years, with no recent cuts or suspensions. This track record underscores a commitment to returning capital to shareholders, making it a potential choice for long-term dividend investors.
| Details | Value |
|---|---|
| Sector | Logistics |
| Dividend Yield | 0.99% |
| Current Dividend per Share | 1.53 USD |
| Dividend History | 34 years |
| Last Cut or Suspension | None |
🗣️ Dividend History
The dividend history of Expeditors International highlights its strong commitment to dividend continuity. An uninterrupted growth over decades indicates financial stability and management's focus on shareholder returns. This consistency is essential for investors seeking reliable passive income.
| Year | Dividend per Share (USD) |
|---|---|
| 2026 | 0.81 |
| 2025 | 1.54 |
| 2024 | 1.46 |
| 2023 | 1.38 |
| 2022 | 1.34 |
📈 Dividend Growth
Dividend growth is a crucial determinant of a company's ability to sustainably increase payouts over time. Expeditors International has maintained a growth rate of 4.75% over the last 3 years and 8.17% over the last 5 years, demonstrating a steady, upward trajectory in shareholder returns.
| Time | Growth |
|---|---|
| 3 years | 4.75% |
| 5 years | 8.17% |
The average dividend growth is 8.17% over 5 years. This shows moderate but steady dividend growth.
✅ Payout Ratio
The payout ratio is a critical metric for evaluating dividend sustainability. An EPS-based payout ratio of 24.38% and an FCF-based ratio of 21.70% reflect a conservative payout policy. These figures indicate a strong buffer for dividend payments, even during economic downturns, ensuring long-term stability.
| Key figure | Ratio |
|---|---|
| EPS-based | 24.38% |
| Free cash flow-based | 21.70% |
The ratios suggest that Expeditors retains significant earnings post-dividend payout, maintaining a healthy margin for reinvestment and stability.
💡 Cashflow & Capital Efficiency
Strong cash flow generation and capital efficiency are fundamental aspects of a company's financial health. Well-managed cash flows and efficient capital allocation enable sustainable growth and dividend payments.
| Metric / Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Free Cash Flow Yield | 0.0534 | 0.0437 | 0.0471 |
| Earnings Yield | 0.0343 | 0.0519 | 0.0402 |
| CAPEX to Operating Cash Flow | 0.0373 | 0.0559 | 0.0528 |
| Stock-based Compensation to Revenue | 0.0063 | 0.0061 | 0.0063 |
| Free Cash Flow / Operating Cash Flow Ratio | 0.9627 | 0.9441 | 0.9472 |
The solid free cash flow and reasonable capital expenditure levels highlight effective capital management, supporting the company's capacity for growth and dividend maintenance.
🔍 Balance Sheet & Leverage Analysis
A strong balance sheet is vital for maintaining financial stability and reducing risk. Leverage ratios can illuminate an organization's financial structure and capacity for enduring economic fluctuations.
| Metric / Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Debt-to-Equity | 0.2208 | 0.2559 | 0.2422 |
| Debt-to-Assets | 0.1167 | 0.1197 | 0.1166 |
| Debt-to-Capital | 0.1808 | 0.2038 | 0.1950 |
| Net Debt to EBITDA | -0.9058 | -0.5012 | -0.6462 |
| Current Ratio | 2.0155 | 1.7710 | 1.8119 |
| Quick Ratio | 2.0155 | 1.7710 | 1.8119 |
| Financial Leverage | 1.8925 | 2.1387 | 2.0774 |
With consistent ratios and no significant debt burdens, Expeditors International showcases a prudent approach to leveraging and liquidity management, reducing financial vulnerability.
🌟 Fundamental Strength & Profitability
Fundamental strength is essential for profitability and long-term growth, reflected in key performance indicators like margins and returns.
| Metric / Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Return on Equity | 31.50% | 36.44% | 34.55% |
| Return on Assets | 16.64% | 17.04% | 16.63% |
| Margins: Net | 8.10% | 7.64% | 7.35% |
| Margins: EBIT | 10.97% | 10.33% | 9.88% |
| Margins: EBITDA | 11.69% | 10.90% | 10.40% |
| Margins: Gross | 13.39% | 12.73% | 15.31% |
Expeditors International exhibits strong profitability metrics, evidencing their effective operational strategies and capability to deliver solid returns to investors while maintaining competitive margins.
📉 Price Development
🎯 Dividend Scoring System
| Criterion | Score | Rating |
|---|---|---|
| Dividend Yield | 3 | |
| Dividend Stability | 5 | |
| Dividend Growth | 4 | |
| Payout Ratio | 5 | |
| Financial Stability | 5 | |
| Dividend Continuity | 5 | |
| Cashflow Coverage | 4 | |
| Balance Sheet Quality | 5 |
Total Score: 36/40
🔍 Rating
Expeditors International of Washington, Inc. provides a strong dividend profile characterized by consistent payments and favorable financial ratios. Despite a moderate yield, the company's robust financial health makes it a reliable choice for investors seeking stability and gradual dividend increases. As such, it receives a rating of "Strong Buy" in the context of sustained investment opportunities.
Smart Data Insight
Master the Perfect Entry & Exit for this Stock
Don't leave your profits to chance. Historically, this stock follows specific seasonal patterns that institutional traders use to maximize returns.
- ✅ Identify the "Golden Buying Window"
- ✅ Avoid high-risk correction cycles
- ✅ Backtested data from the last 20+ years