Expeditors International Of Washington (EXPD) Operating Margin (2009 - 2026)
Expeditors International Of Washington's (EXPD) quarterly Operating Margin came in at 8.79% in Q4 2025, down 141.0% YoY from 21.43% in Q4 2024, and down 11.71% on a QoQ basis from 9.95% in Q3 2025.
Expeditors International Of Washington (EXPD) Operating Margin (2009 - 2026) Analysis & Trends
Expeditors International Of Washington (EXPD) has 17 years of Operating Margin data on file, last reported at 8.79% in Q4 2025.
- Quarterly Operating Margin fell 141.0% year-over-year to 8.79% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 9.51% (down 31.0% YoY) and the FY2025 annual result came in at 9.51%, down 31.0% from the prior year.
- Operating Margin fell to 8.79% in Q4 2025, from 9.95% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 12.08% in Q3 2022 to a low of 8.75% in Q4 2023.
- A 5-year average of 10.32% and a median of 10.01% in 2025 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2021 — Operating Margin surged 369 bps — and 2023, when it plunged 221 bps.
- Tracing EXPD's Operating Margin over 5 years: stood at 11.55% in 2021, then slipped by 17 bps to 9.58% in 2022, then slipped by 9 bps to 8.75% in 2023, then rose by 16 bps to 10.19% in 2024, then retreated by 14 bps to 8.79% in 2025.
- The last three Operating Margin figures came in at 8.79% (Q4 2025), 9.95% (Q3 2025), and 9.34% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 86.93 Bn | 82.28 Bn | 19.65 Bn | 4.07% |
| 2 | Fedex | 77.68 Bn | 64.37 Bn | 18.84 Bn | 6.20% |
| 3 | Hunt J B Transport Services | 25.88 Bn | 25.87 Bn | - | 7.42% |
| 4 | Expeditors International Of Washington | 24.61 Bn | 23.58 Bn | 1.09 Bn | 9.98% |
| 5 | ZTO Express (Cayman) | 17.16 Bn | 12.75 Bn | 469.01 Mn | 19.16% |
| 6 | C. H. Robinson Worldwide | 16.98 Bn | 16.82 Bn | 1.11 Bn | 5.18% |
| 7 | Landstar System | 6.24 Bn | 5.89 Bn | 308.86 Mn | 4.62% |
| 8 | GXO Logistics | 5.22 Bn | 4.45 Bn | 508.00 Mn | 2.24% |
| 9 | Pitney Bowes | 2.20 Bn | 1.92 Bn | 296.14 Mn | -19.90% |
| 10 | Cryoport | 847.19 Mn | 450.49 Mn | 22.82 Mn | -20.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.98% |
| Dec 31, 2025 | 8.79% |
| Sep 30, 2025 | 9.95% |
| Jun 30, 2025 | 9.34% |
| Mar 31, 2025 | 9.97% |
| Dec 31, 2024 | 10.19% |
| Sep 30, 2024 | 10.05% |
| Jun 30, 2024 | 9.18% |
| Mar 31, 2024 | 9.73% |
| Dec 31, 2023 | 8.75% |
| Sep 30, 2023 | 9.87% |
| Jun 30, 2023 | 11.09% |
| Mar 31, 2023 | 10.64% |
| Dec 31, 2022 | 9.58% |
| Sep 30, 2022 | 12.08% |
| Jun 30, 2022 | 10.99% |
| Mar 31, 2022 | 9.90% |
| Dec 31, 2021 | 11.55% |
| Sep 30, 2021 | 11.34% |
| Jun 30, 2021 | 11.38% |