Expeditors International of Washington (NYSE:EXPD) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Expeditors International of Washington had a gross margin of 14.01% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Expeditors International of Washington Gross Margin % Related Terms
Expeditors International of Washington Gross Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Expeditors International of Washington Gross Margin % Chart
Expeditors International of Washington Annual Data
EXPD vs CHRW, FDXFw, ZTO: Gross Margin % Comparison
For the Integrated Freight & Logistics subindustry, Expeditors International of Washington's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Expeditors International of Washington Gross Margin % vs Transportation Industry
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Expeditors International of Washington (EXPD) has a Gross Margin % of 14.01% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Expeditors International of Washington and its competitors. This is 10% above median its historical median of 12.75. Over the past decade, Expeditors International of Washington's Gross Margin % has ranged from 12.13 to 13.95. According to the industry distribution chart, Expeditors International of Washington ranks #680 out of 985 companies in the Transportation industry, placing it in the top 69%.
Is Expeditors International of Washington's Gross Margin % too high?
Expeditors International of Washington's current Gross Margin % of 14.01% is 10% above median its 10-year median of 12.75. Over the past 10 years, this metric has ranged from a low of 12.13 to a high of 13.95. The Transportation industry median Gross Margin % is 20.42. Expeditors International of Washington's value of 14.01% is 31.4% below this industry median. Based on the distribution chart, Expeditors International of Washington ranks #680 out of 985 companies in the Transportation industry, which is below the industry midpoint. Overall, Expeditors International of Washington has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Expeditors International of Washington's Gross Margin % compare to CHRW and FDXFw?
According to the Transportation industry distribution chart, Expeditors International of Washington ranks #680 out of 985 companies for Gross Margin %. This places Expeditors International of Washington in the lower half of its industry. The industry median Gross Margin % is 20.42. Expeditors International of Washington's value of 14.01% is 31.4% below this benchmark. Historically, Expeditors International of Washington's own Gross Margin % has ranged from 12.13 to 13.95 over the past decade. While the company's 10-year median is 12.75 vs. the industry median of 20.42, Expeditors International of Washington has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 985 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Expeditors International of Washington's current Gross Margin % of 14.01% is 31.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Expeditors International of Washington and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Expeditors International of Washington's current Gross Margin % is 14.01%, which is 10% above median its own 10-year median of 12.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Expeditors International of Washington stock overvalued right now?
Based on GuruFocus' analysis, Expeditors International of Washington (EXPD) is currently considered Fairly Valued. The stock's GF Value™ is $146.01, compared to a current price of $160.16 — trading 9.7% above its estimated fair value. The current Gross Margin % is 14.01%, which is 10% above median its 10-year median of 12.75 and 31.4% below the Transportation industry median of 20.42. Expeditors International of Washington's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Expeditors International of Washington (EXPD), the current Gross Margin % is 14.01% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Expeditors International of Washington (EXPD) Overvalued in 2026?
Based on GuruFocus' analysis, Expeditors International of Washington stock appears to be overvalued.
The current stock price of $160.16 is trading 9.7% above its estimated GF Value™ of $146.01.
GuruFocus considers Expeditors International of Washington to be Fairly Valued.
Key valuation signals for EXPD:
Gross Margin %: 14.01% (10% above median its 10-year median of 12.75)
GF Value™: $146.01 vs. price of $160.16 (9.7% above fair value)
Industry Position: 31.4% below the Transportation median (#680 of 985)
No single metric tells the full story. See the EXPD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Expeditors International of Washington Business Description
Based in the US, Expeditors International of Washington is a non-asset-based third-party logistics provider, mainly focused on international freight forwarding. Its offers freight consolidation and forwarding, customs brokerage, warehousing and distribution, purchase order management, vendor consolidation, and numerous other value-added logistics services. It employs sophisticated IT systems and contracts with airlines and ocean carriers to move customers' freight across the globe. The firm operates more than 200 full-service office locations worldwide, in addition to numerous satellite locations. In 2025, Expeditors derived 36% of consolidated gross revenue from airfreight, 25% from ocean freight, and 39% from customs brokerage and other services.
78GF Score
Get the complete analysis for EXPD
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
EXPD has been successfully added to your 
