vs
Side-by-side financial comparison of Expeditors International (EXPD) and LPL Financial Holdings Inc. (LPLA). Click either name above to swap in a different company.
LPL Financial Holdings Inc. is the larger business by last-quarter revenue ($4.9B vs $2.9B, roughly 1.7× Expeditors International). Expeditors International runs the higher net margin — 7.0% vs 6.1%, a 0.9% gap on every dollar of revenue. On growth, LPL Financial Holdings Inc. posted the faster year-over-year revenue change (40.4% vs -3.3%). LPL Financial Holdings Inc. produced more free cash flow last quarter ($613.3M vs $270.3M). Over the past eight quarters, LPL Financial Holdings Inc.'s revenue compounded faster (32.0% CAGR vs 13.8%).
Expeditors International of Washington, Inc. is an American Fortune 500 service-based logistics company with headquarters in Bellevue, Washington. Expeditors generates highly optimized and customized supply chain solutions for clients with unified technology systems integrated through a global network of over 340+ locations in 100+ countries on six continents.
LPL Financial Holdings Inc. was founded in 1989 and is considered the largest independent broker-dealer in the United States. As of 2021 the company had more than 17,500 financial advisors, over US$1 trillion in advisory and brokerage assets, and generated approximately $10.3 billion in annual revenue for the 2023 fiscal year. LPL Financial has main offices in Boston, Fort Mill, Austin, and San Diego. The company is a member of FINRA and the SIPC.
EXPD vs LPLA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.9B | $4.9B |
| Net Profit | $200.7M | $300.7M |
| Gross Margin | — | — |
| Operating Margin | 8.8% | 8.1% |
| Net Margin | 7.0% | 6.1% |
| Revenue YoY | -3.3% | 40.4% |
| Net Profit YoY | -14.9% | 11.1% |
| EPS (diluted) | $1.50 | $3.65 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.9B | $4.9B | ||
| Q3 25 | $2.9B | $4.6B | ||
| Q2 25 | $2.7B | $3.8B | ||
| Q1 25 | $2.7B | $3.7B | ||
| Q4 24 | $3.0B | $3.5B | ||
| Q3 24 | $3.0B | $3.1B | ||
| Q2 24 | $2.4B | $2.9B | ||
| Q1 24 | $2.2B | $2.8B |
| Q4 25 | $200.7M | $300.7M | ||
| Q3 25 | $222.3M | $-29.5M | ||
| Q2 25 | $183.6M | $273.2M | ||
| Q1 25 | $203.8M | $318.6M | ||
| Q4 24 | $235.9M | $270.7M | ||
| Q3 24 | $229.6M | $255.3M | ||
| Q2 24 | $175.5M | $243.8M | ||
| Q1 24 | $169.2M | $288.8M |
| Q4 25 | 8.8% | 8.1% | ||
| Q3 25 | 10.0% | -0.7% | ||
| Q2 25 | 9.3% | 9.6% | ||
| Q1 25 | 10.0% | 11.4% | ||
| Q4 24 | 10.2% | 9.7% | ||
| Q3 24 | 10.1% | 11.2% | ||
| Q2 24 | 9.2% | 11.3% | ||
| Q1 24 | 9.7% | 13.2% |
| Q4 25 | 7.0% | 6.1% | ||
| Q3 25 | 7.7% | -0.6% | ||
| Q2 25 | 6.9% | 7.1% | ||
| Q1 25 | 7.6% | 8.7% | ||
| Q4 24 | 8.0% | 7.7% | ||
| Q3 24 | 7.7% | 8.2% | ||
| Q2 24 | 7.2% | 8.3% | ||
| Q1 24 | 7.7% | 10.2% |
| Q4 25 | $1.50 | $3.65 | ||
| Q3 25 | $1.64 | $-0.37 | ||
| Q2 25 | $1.34 | $3.40 | ||
| Q1 25 | $1.47 | $4.24 | ||
| Q4 24 | $1.68 | $3.58 | ||
| Q3 24 | $1.63 | $3.39 | ||
| Q2 24 | $1.24 | $3.23 | ||
| Q1 24 | $1.17 | $3.83 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.3B | $1.1B |
| Total DebtLower is stronger | — | $7.3B |
| Stockholders' EquityBook value | $2.4B | $5.3B |
| Total Assets | $4.9B | $18.5B |
| Debt / EquityLower = less leverage | — | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | $1.1B | ||
| Q3 25 | $1.2B | $1.6B | ||
| Q2 25 | $1.2B | $4.3B | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $1.1B | $1.0B | ||
| Q3 24 | $1.3B | $1.6B | ||
| Q2 24 | $1.3B | $1.4B | ||
| Q1 24 | $1.4B | $1.2B |
| Q4 25 | — | $7.3B | ||
| Q3 25 | — | $7.5B | ||
| Q2 25 | — | $7.2B | ||
| Q1 25 | — | $5.7B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | — | $4.4B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $3.9B |
| Q4 25 | $2.4B | $5.3B | ||
| Q3 25 | $2.3B | $5.0B | ||
| Q2 25 | $2.2B | $5.1B | ||
| Q1 25 | $2.3B | $3.1B | ||
| Q4 24 | $2.2B | $2.9B | ||
| Q3 24 | $2.4B | $2.8B | ||
| Q2 24 | $2.2B | $2.5B | ||
| Q1 24 | $2.2B | $2.3B |
| Q4 25 | $4.9B | $18.5B | ||
| Q3 25 | $4.8B | $18.0B | ||
| Q2 25 | $4.8B | $17.5B | ||
| Q1 25 | $4.8B | $14.0B | ||
| Q4 24 | $4.8B | $13.3B | ||
| Q3 24 | $5.2B | $11.9B | ||
| Q2 24 | $4.8B | $11.5B | ||
| Q1 24 | $4.5B | $11.0B |
| Q4 25 | — | 1.36× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | — | 1.82× | ||
| Q4 24 | — | 1.87× | ||
| Q3 24 | — | 1.60× | ||
| Q2 24 | — | 1.77× | ||
| Q1 24 | — | 1.70× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $283.3M | $785.0M |
| Free Cash FlowOCF − Capex | $270.3M | $613.3M |
| FCF MarginFCF / Revenue | 9.5% | 12.4% |
| Capex IntensityCapex / Revenue | 0.5% | 3.5% |
| Cash ConversionOCF / Net Profit | 1.41× | 2.61× |
| TTM Free Cash FlowTrailing 4 quarters | $953.4M | $-981.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $283.3M | $785.0M | ||
| Q3 25 | $201.4M | $-1.7B | ||
| Q2 25 | $179.2M | $193.3M | ||
| Q1 25 | $342.6M | $339.8M | ||
| Q4 24 | $249.7M | $-178.8M | ||
| Q3 24 | $90.0M | $209.3M | ||
| Q2 24 | $126.8M | $-178.9M | ||
| Q1 24 | $256.9M | $425.9M |
| Q4 25 | $270.3M | $613.3M | ||
| Q3 25 | $190.3M | $-1.9B | ||
| Q2 25 | $163.3M | $56.3M | ||
| Q1 25 | $329.5M | $220.3M | ||
| Q4 24 | $239.7M | $-344.3M | ||
| Q3 24 | $77.7M | $62.3M | ||
| Q2 24 | $118.8M | $-307.8M | ||
| Q1 24 | $246.7M | $304.9M |
| Q4 25 | 9.5% | 12.4% | ||
| Q3 25 | 6.6% | -41.1% | ||
| Q2 25 | 6.2% | 1.5% | ||
| Q1 25 | 12.4% | 6.0% | ||
| Q4 24 | 8.1% | -9.8% | ||
| Q3 24 | 2.6% | 2.0% | ||
| Q2 24 | 4.9% | -10.5% | ||
| Q1 24 | 11.2% | 10.8% |
| Q4 25 | 0.5% | 3.5% | ||
| Q3 25 | 0.4% | 3.1% | ||
| Q2 25 | 0.6% | 3.6% | ||
| Q1 25 | 0.5% | 3.3% | ||
| Q4 24 | 0.3% | 4.7% | ||
| Q3 24 | 0.4% | 4.7% | ||
| Q2 24 | 0.3% | 4.4% | ||
| Q1 24 | 0.5% | 4.3% |
| Q4 25 | 1.41× | 2.61× | ||
| Q3 25 | 0.91× | — | ||
| Q2 25 | 0.98× | 0.71× | ||
| Q1 25 | 1.68× | 1.07× | ||
| Q4 24 | 1.06× | -0.66× | ||
| Q3 24 | 0.39× | 0.82× | ||
| Q2 24 | 0.72× | -0.73× | ||
| Q1 24 | 1.52× | 1.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EXPD
| Customs Brokerage And Other Services | $1.1B | 40% |
| Airfreight Services | $1.1B | 39% |
| Ocean Freight And Ocean Services | $611.4M | 21% |
LPLA
Segment breakdown not available.
