EXPEDITORS INTERNATIONAL OF WASHINGTON INC
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
EXPD$189.19-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets as of December 31, 2024 and 2023
| December 31, | 2024 | 2023 |
|---|---|---|
| Assets: | ||
| Current Assets: | ||
| Cash and cash equivalents | $1,148,320 | $1,512,883 |
| Accounts receivable, net | 1,997,840 | 1,532,599 |
| Deferred contract costs | 349,343 | 218,807 |
| Other | 164,272 | 170,907 |
| Total current assets | 3,659,775 | 3,435,196 |
| Property and equipment, net | 449,404 | 479,225 |
| Operating lease right-of-use assets | 551,652 | 516,280 |
| Goodwill | 7,927 | 7,927 |
| Deferred federal and state income taxes, net | 70,671 | 63,690 |
| Other assets, net | 15,029 | 21,491 |
| Total assets | $4,754,458 | $4,523,809 |
| Liabilities: | ||
| Current Liabilities: | ||
| Accounts payable | $1,036,749 | $860,856 |
| Accrued expenses, primarily salaries and related costs | 451,921 | 447,336 |
| Contract liabilities | 441,927 | 280,909 |
| Current portion of operating lease liabilities | 106,736 | 99,749 |
| Federal, state and foreign income taxes | 29,140 | 15,562 |
| Total current liabilities | 2,066,473 | 1,704,412 |
| Noncurrent portion of operating lease liabilities | 462,201 | 427,984 |
| Commitments and contingencies | ||
| Shareholders’ Equity: | ||
| Preferred stock, par value $0.01 per share, authorized 2,000 shares; none issued | — | — |
| Common stock, par value $0.01 per share authorized 640,000. Issued and outstanding: 138,003 shares and 143,866 shares at December 31, 2024 and 2023, respectively | 1,380 | 1,439 |
| Additional paid-in capital | — | — |
| Retained earnings | 2,455,132 | 2,580,968 |
| Accumulated other comprehensive loss | (233,500) | (192,057) |
| Total shareholders’ equity | 2,223,012 | 2,390,350 |
| Noncontrolling interest | 2,772 | 1,063 |
| Total equity | 2,225,784 | 2,391,413 |
| Total liabilities and equity | $4,754,458 | $4,523,809 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.