Analysis for EXPD
- 📈 Growth — 22/30
- 💰 Profitability — 16/20
- 🏦 Financial Health — 17/20
- 💵 Valuation — 12/20
- ⚠️ Risk — 6/10
Summary:
📈 Growth & Financial Trajectory
Over the 7 quarters from 2024 Q4 to 2026 Q2, EXPD revenues rose from $2.95B to $3.50B, and net income climbed from $236.2M to $267.3M, showing a positive trajectory despite quarterly swings. The end-to-end gain reflects resilient freight-demand and improved mix, with 2026 Q1 revenue around $2.78B and 2026 Q2 peaking near $3.50B. Gross profit expanded, supporting margins in the mid-30s and sustaining an operating margin near 10%.
💰 Margins & Cash Flow
Gross margin ranged roughly 31–35%, with 2026 Q1 at about 35%. Operating margin stayed around 10%, indicating steady operating leverage. Net cash flow from operating activities was consistently positive (e.g., 2026 Q2 about $178.6M). Financing activity cash burn was common (2026 Q2 about -$474.3M), contributing to a negative overall net cash flow of around -$286.3M.
🛡️ Balance Sheet & Liquidity
Current assets comfortably exceed current liabilities, with liquidity roughly 1.7–1.9x. Total assets sufficiently cover liabilities, and equity supports balance sheet resilience through the period.
⚠️ Key Drivers & Risks
- Drivers: Global trade activity and container freight demand; scale efficiencies.
- Risks: Cyclicality of shipping volumes and macro-related margin pressure.