Expeditors International Of Washington (EXPD) Gross Margin (2017 - 2026)
Expeditors International Of Washington (EXPD) posted Gross Margin of 30.99% for Q2 2026, down 2.89 percentage points from 33.88% a year earlier and down 3.93 percentage points from the prior quarter.
Expeditors International Of Washington (EXPD) Gross Margin (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Expeditors International Of Washington was 32.70%, up 0.51 percentage points year-over-year; for FY2025, it came in at 33.13%, up 0.92 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +2.58 percentage points (FY2020 to FY2025).
- In prior years, Expeditors International Of Washington's Gross Margin was 32.20% in FY2024 (-2.70 pp), 34.90% in FY2023 (+8.58 pp), 26.33% in FY2022 (-0.70 pp) and 27.02% in FY2021 (-3.52 pp).
- The Q2 2026 figure stands as the lowest quarterly Gross Margin since Q3 2024.
- On a year-over-year basis, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of -0.76 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q2 2023, with a gain of 11.39 percentage points; the weakest was Q4 2021, with a drop of 6.71 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 34.92% (Q1 2026), 32.34% (Q4 2025) and 32.99% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | - |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | - |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | - |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | - |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | - |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | - |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | - |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | - |
| 10 | Expeditors International Of Washington | 25.96 Bn | 21.11 Bn | 1.09 Bn | 30.99% |
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% |
Expeditors International Of Washington Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=EXPD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "EXPD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=EXPD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();