Expeditors International Of Washington (EXPD) Gross Margin (2009 - 2026)
Expeditors International Of Washington's (EXPD) quarterly Gross Margin came in at 30.99% in Q2 2026, down 289.0% on a YoY basis from 16.4% in Q2 2025, and down 11.24% quarter-over-quarter from 34.92% in Q1 2026.
Analysis
Expeditors International Of Washington (EXPD) Gross Margin (2009 - 2026) Analysis & Trends
Expeditors International Of Washington (EXPD) has reported Gross Margin for 18 consecutive years, with 30.99% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 289.0% year-over-year to 30.99%; the trailing twelve-month figure through Jun 2026 stood at 32.7% (up 51.0% YoY), and the FY2025 full-year result was 33.13%, up 92.0% from the prior year.
- Gross Margin declined to 30.99% in Q2 2026 per EXPD's latest filing, from 34.92% in the prior quarter.
- Across five years, Gross Margin topped out at 36.64% in Q2 2023 and bottomed at 24.62% in Q1 2022.
- Historically, Gross Margin has averaged 31.9% across 5 years, with a median of 32.89% in 2024.
- The sharpest annual moves came in 2023 and 2024: Gross Margin soared 1139 bps in 2023, then tumbled 577 bps in 2024.
- Over 5 years, Gross Margin stood at 29.52% in 2022, then advanced by 14 bps to 33.55% in 2023, then decreased by 6 bps to 31.63% in 2024, then grew by 2 bps to 32.34% in 2025, then decreased by 4 bps to 30.99% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 30.99%, 34.92%, and 32.34% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Copart | 29.11 Bn | 25.76 Bn | 732.88 Mn | 59.24% |
| 2 | Expeditors International Of Washington | 24.69 Bn | 23.66 Bn | 1.09 Bn | 30.99% |
| 3 | C. H. Robinson Worldwide | 18.03 Bn | 17.88 Bn | 1.11 Bn | 22.41% |
| 4 | Rb Global | 14.93 Bn | 14.41 Bn | 935.50 Mn | 71.03% |
| 5 | Ryder System | 9.30 Bn | 9.30 Bn | 1.45 Bn | 43.35% |
| 6 | Landstar System | 5.88 Bn | 5.54 Bn | 308.86 Mn | 21.56% |
| 7 | GXO Logistics | 5.23 Bn | 4.47 Bn | 508.00 Mn | 14.76% |
| 8 | Rxo | 3.30 Bn | 3.29 Bn | 302.00 Mn | 17.02% |
| 9 | Hub | 2.14 Bn | 1.99 Bn | 250.84 Mn | 26.84% |
| 10 | Cryoport | 769.00 Mn | 372.31 Mn | 22.82 Mn | 46.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.99% |
| Mar 31, 2026 | 34.92% |
| Dec 31, 2025 | 32.34% |
| Sep 30, 2025 | 32.99% |
| Jun 30, 2025 | 33.88% |
| Mar 31, 2025 | 33.37% |
| Dec 31, 2024 | 31.63% |
| Sep 30, 2024 | 30.20% |
| Jun 30, 2024 | 32.78% |
| Mar 31, 2024 | 35.05% |
| Dec 31, 2023 | 33.55% |
| Sep 30, 2023 | 35.98% |
| Jun 30, 2023 | 36.64% |
| Mar 31, 2023 | 33.69% |
| Dec 31, 2022 | 29.52% |
| Sep 30, 2022 | 26.77% |
| Jun 30, 2022 | 25.25% |
| Mar 31, 2022 | 24.62% |
| Dec 31, 2021 | 25.38% |
| Sep 30, 2021 | 26.25% |