Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $10,116 | $16,524 | $17,071 | $9,300 | $10,601 |
| Gross Profit | $940 | $1,909 | $1,824 | $940 | $1,041 |
| Operating Income | $940 | $1,909 | $1,824 | $940 | $1,041 |
| Net Income | $696 | $1,415 | $1,357 | $753 | $810 |
Over the five-year period, EXPEDITORS INTERNATIONAL exhibited significant volatility in its core financial metrics. Revenue surged from approximately USD 10.1 billion in 2020 to over USD 16.5 billion in 2021, marking an increase of roughly 63%, with gross profit, operating income, and net income following a similar upward trajectory. The impressive growth in 2021 was followed by a modest revenue increase to USD 17.1 billion in 2022, suggesting that the company maintained momentum post the initial surge. However, a notable decline occurred in 2023 when revenue dropped sharply to around USD 9.3 billion—representing nearly a 45% decrease relative to 2022. This drop was mirrored across gross profit, operating income, and net income, indicating that the downturn affected the overall operational performance. In 2024, the company partially rebounded with revenues rising to roughly USD 10.6 billion, though the levels remained below the peak observed in 2021-2022. Given that EXPEDITORS INTERNATIONAL operates in the global logistics and supply chain industry, these fluctuations may reflect the broader market dynamics, including post-pandemic recovery phases and subsequent shifts in global trade patterns. The substantial year-over-year changes—especially the sharp increases followed by significant declines—underscore the sensitivity of the company’s financial outcomes to external economic conditions and operational challenges inherent in a volatile transport and logistics environment. Overall, while the company demonstrated strong performance during periods of market growth, the marked swing in 2023 highlights the importance of vigilant risk management. Based on the data, EXPEDITORS INTERNATIONAL appears financially robust during growth phases, yet it must continuously adapt to global market uncertainties to sustain its performance over the long term.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.