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EXPD (Expeditors International of Washington) Cyclically Adjusted FCF per Share : $5.23 (As of Jun. 2024)


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What is Expeditors International of Washington Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Expeditors International of Washington's adjusted free cash flow per share for the three months ended in Jun. 2024 was $0.838. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $5.23 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Expeditors International of Washington's average Cyclically Adjusted FCF Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 23.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 19.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 13.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Expeditors International of Washington was 49.40% per year. The lowest was 8.40% per year. And the median was 19.30% per year.

As of today (2024-10-09), Expeditors International of Washington's current stock price is $121.41. Expeditors International of Washington's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was $5.23. Expeditors International of Washington's Cyclically Adjusted Price-to-FCF of today is 23.21.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Expeditors International of Washington was 45.58. The lowest was 21.49. And the median was 29.92.


Expeditors International of Washington Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Expeditors International of Washington's Cyclically Adjusted FCF per Share can be seen below:

* 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.

* Premium members only.

Expeditors International of Washington Cyclically Adjusted FCF per Share Chart

Expeditors International of Washington Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 2.65 3.11 4.37 4.97

Expeditors International of Washington Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.80 4.92 4.97 5.12 5.23

Competitive Comparison of Expeditors International of Washington's Cyclically Adjusted FCF per Share

For the Integrated Freight & Logistics subindustry, Expeditors International of Washington's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Expeditors International of Washington's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Expeditors International of Washington's Cyclically Adjusted Price-to-FCF falls into.



Expeditors International of Washington Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Expeditors International of Washington's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.838/132.5538*132.5538
=0.838

Current CPI (Jun. 2024) = 132.5538.

Expeditors International of Washington Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.402 100.428 0.531
201412 0.407 99.070 0.545
201503 0.648 99.621 0.862
201506 0.880 100.684 1.159
201509 0.649 100.392 0.857
201512 0.564 99.792 0.749
201603 1.213 100.470 1.600
201606 0.502 101.688 0.654
201609 0.565 101.861 0.735
201612 0.292 101.863 0.380
201703 1.005 102.862 1.295
201706 0.334 103.349 0.428
201709 0.280 104.136 0.356
201712 0.547 104.011 0.697
201803 1.236 105.290 1.556
201806 0.764 106.317 0.953
201809 0.423 106.507 0.526
201812 0.524 105.998 0.655
201903 1.597 107.251 1.974
201906 0.818 108.070 1.003
201909 0.841 108.329 1.029
201912 0.899 108.420 1.099
202003 0.927 108.902 1.128
202006 0.972 108.767 1.185
202009 0.893 109.815 1.078
202012 0.765 109.897 0.923
202103 2.025 111.754 2.402
202106 0.138 114.631 0.160
202109 0.976 115.734 1.118
202112 1.723 117.630 1.942
202203 2.361 121.301 2.580
202206 3.127 125.017 3.316
202209 4.009 125.227 4.244
202212 2.955 125.222 3.128
202303 3.449 127.348 3.590
202306 0.976 128.729 1.005
202309 1.230 129.860 1.256
202312 1.012 129.419 1.037
202403 1.712 131.776 1.722
202406 0.838 132.554 0.838

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Expeditors International of Washington  (NYSE:EXPD) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Expeditors International of Washington's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=121.41/5.23
=23.21

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Expeditors International of Washington was 45.58. The lowest was 21.49. And the median was 29.92.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Expeditors International of Washington Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Expeditors International of Washington's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Expeditors International of Washington Business Description

Traded in Other Exchanges
Address
1015 Third Avenue, Seattle, WA, USA, 98104
Expeditors International of Washington is a non-asset-based third-party logistics provider, 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. Expeditors derives around 34% of consolidated net revenue from airfreight, 30% from ocean freight, and 36% from customs brokerage and other services.
Executives
James M. Dubois director 1015 THIRD AVENUE, SEATTLE WA 981041190
Mark A Emmert director C/O EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 981041190
Blake R Bell officer: President, Global Products 1015 THIRD AVENUE, SEATTLE WA 98104
Jeffrey F Dickerman officer: Senior VP - General Counsel 1015 THIRD AVENUE, SEATTLE WA 98104
Jeffrey S Musser officer: Senior VP and CIO C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 981041190
Benjamin G. Clark officer: Senior VP - General Counsel 1015 THIRD AVENUE, 12TH FLOOR, SEATTLE WA 98110
Bradley S Powell officer: Chief Financial Officer C/O EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 981041190
Eugene K Alger officer: Executive VP-North America 1015 THIRD AVENUE, SEATTLE WA 981041190
Brandon Pedersen director EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 98104
Robert R Wright director C/O EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 981041190
Olivia D Polius director C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 98104
Christopher J. Mcclincy officer: Senior VP - CIO 1015 THIRD AVENUE, 12TH FLOOR, SEATTLE WA 98104-1190
Glenn M Alger director 1015 THIRD AVENUE, SEATTLE WA 981041190
Daniel R Wall officer: SVP - Ocean Services C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 981041190
Richard H Rostan officer: President - Global Geographies C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 98104