Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $4,928 | $7,610 | $5,590 | $4,524 | $4,754 |
Liabilities | $2,268 | $4,116 | $2,480 | $2,133 | $2,531 |
Equity | $2,660 | $3,494 | $3,110 | $2,390 | $2,223 |
Edwyn
Over the last 5 years, Expeditors International of Washington, Inc. has shown significant fluctuations in its financial position. Total assets increased from 2020 to 2021 by approximately 54%, indicating substantial growth in the company's asset base. This increase was primarily driven by investments in new infrastructure, technology, or acquisitions. However, in the following years, there was a decline in total assets, with a noticeable drop in 2023. This could be attributed to strategic divestments or a shift in the company's operating focus. Total liabilities also experienced a similar trend, increasing from 2020 to 2021 but decreasing in the subsequent years. The decrease in liabilities from 2021 to 2022 suggests that the company may have focused on reducing debt levels or improving operational efficiency. Stockholders' equity followed a similar pattern to total assets, initially increasing but then declining in the later years. The decline in equity could be a result of lower profitability, share buybacks, or other factors impacting the company's net worth. Overall, these fluctuations in assets, liabilities, and equity reflect the dynamic nature of Expeditors International's financial position and its strategic responses to market conditions and industry dynamics.
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.