EXPD's Quick Ratio is ranked better than 66.04% of 1010
companies
in the Transportation industry
Industry Median: 1.37
vs EXPD: 1.79
Expeditors International of Washington (NYSE:EXPD) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Expeditors International of Washington Quick Ratio Related Terms
Expeditors International of Washington Quick Ratio 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 Quick Ratio Chart
Expeditors International of Washington Annual Data
For the Integrated Freight & Logistics subindustry, Expeditors International of Washington's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Transportation Industry
Expeditors International of Washington Quick Ratio Calculation
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
* 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 (EXPD) has a Quick Ratio of 1.79 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Expeditors International of Washington and its competitors. This is 14% below median its historical median of 2.08. Over the past decade, Expeditors International of Washington's Quick Ratio has ranged from 1.71 to 2.59. According to the industry distribution chart, Expeditors International of Washington ranks #343 out of 1010 companies in the Transportation industry, placing it in the top 34%.
Is Expeditors International of Washington's Quick Ratio too high?
Expeditors International of Washington's current Quick Ratio of 1.79 is 14% below median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 2.59. The Transportation industry median Quick Ratio is 1.37. Expeditors International of Washington's value of 1.79 is 30.7% above this industry median. Based on the distribution chart, Expeditors International of Washington ranks #343 out of 1010 companies in the Transportation industry, which is above 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 Quick Ratio compare to CHRW and FDXFw?
According to the Transportation industry distribution chart, Expeditors International of Washington ranks #343 out of 1010 companies for Quick Ratio. This puts Expeditors International of Washington in the upper half of its industry. The industry median Quick Ratio is 1.37. Expeditors International of Washington's value of 1.79 is 30.7% above this benchmark. Historically, Expeditors International of Washington's own Quick Ratio has ranged from 1.71 to 2.59 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 1.37, Expeditors International of Washington has consistently been above 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 Quick Ratio for a Transportation company?
The median Quick Ratio among Transportation companies is 1.37, based on 1,010 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Expeditors International of Washington's current Quick Ratio of 1.79 is 30.7% above 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Expeditors International of Washington and its competitors. For the Transportation industry, the median Quick Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Expeditors International of Washington's current Quick Ratio is 1.79, which is 14% below median its own 10-year median of 2.08. 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 Quick Ratio is 1.79, which is 14% below median its 10-year median of 2.08 and 30.7% above the Transportation industry median of 1.37. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Expeditors International of Washington (EXPD), the current Quick Ratio is 1.79 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:
Quick Ratio: 1.79 (14% below median its 10-year median of 2.08)
GF Value™: $146.01 vs. price of $160.16 (9.7% above fair value)
Industry Position: 30.7% above the Transportation median (#343 of 1010)
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
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