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Side-by-side financial comparison of Expeditors International (EXPD) and Raymond James Financial (RJF). Click either name above to swap in a different company.

Raymond James Financial is the larger business by last-quarter revenue ($4.2B vs $2.9B, roughly 1.5× Expeditors International). Raymond James Financial runs the higher net margin — 13.5% vs 7.0%, a 6.5% gap on every dollar of revenue. On growth, Raymond James Financial posted the faster year-over-year revenue change (3.5% vs -3.3%). Expeditors International produced more free cash flow last quarter ($270.3M vs $-56.0M). Over the past eight quarters, Expeditors International's revenue compounded faster (13.8% CAGR vs 7.1%).

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.

Raymond James Financial, Inc. is an American multinational independent investment bank and financial services company providing financial services to individuals, corporations, and municipalities through its subsidiary companies that engage primarily in investment and financial planning, in addition to investment banking and asset management. The company is headquartered in St. Petersburg, Florida.

EXPD vs RJF — Head-to-Head

Bigger by revenue
RJF
RJF
1.5× larger
RJF
$4.2B
$2.9B
EXPD
Growing faster (revenue YoY)
RJF
RJF
+6.8% gap
RJF
3.5%
-3.3%
EXPD
Higher net margin
RJF
RJF
6.5% more per $
RJF
13.5%
7.0%
EXPD
More free cash flow
EXPD
EXPD
$326.3M more FCF
EXPD
$270.3M
$-56.0M
RJF
Faster 2-yr revenue CAGR
EXPD
EXPD
Annualised
EXPD
13.8%
7.1%
RJF

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EXPD
EXPD
RJF
RJF
Revenue
$2.9B
$4.2B
Net Profit
$200.7M
$563.0M
Gross Margin
Operating Margin
8.8%
Net Margin
7.0%
13.5%
Revenue YoY
-3.3%
3.5%
Net Profit YoY
-14.9%
-6.2%
EPS (diluted)
$1.50
$2.79

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.

Revenue
EXPD
EXPD
RJF
RJF
Q4 25
$2.9B
$4.2B
Q3 25
$2.9B
$4.2B
Q2 25
$2.7B
$3.8B
Q1 25
$2.7B
$3.8B
Q4 24
$3.0B
$4.0B
Q3 24
$3.0B
$4.0B
Q2 24
$2.4B
$3.8B
Q1 24
$2.2B
$3.6B
Net Profit
EXPD
EXPD
RJF
RJF
Q4 25
$200.7M
$563.0M
Q3 25
$222.3M
$604.0M
Q2 25
$183.6M
$436.0M
Q1 25
$203.8M
$495.0M
Q4 24
$235.9M
$600.0M
Q3 24
$229.6M
$602.0M
Q2 24
$175.5M
$492.0M
Q1 24
$169.2M
$476.0M
Operating Margin
EXPD
EXPD
RJF
RJF
Q4 25
8.8%
Q3 25
10.0%
Q2 25
9.3%
14.7%
Q1 25
10.0%
17.5%
Q4 24
10.2%
18.6%
Q3 24
10.1%
Q2 24
9.2%
17.1%
Q1 24
9.7%
16.7%
Net Margin
EXPD
EXPD
RJF
RJF
Q4 25
7.0%
13.5%
Q3 25
7.7%
14.4%
Q2 25
6.9%
11.3%
Q1 25
7.6%
12.9%
Q4 24
8.0%
14.9%
Q3 24
7.7%
15.0%
Q2 24
7.2%
13.1%
Q1 24
7.7%
13.1%
EPS (diluted)
EXPD
EXPD
RJF
RJF
Q4 25
$1.50
$2.79
Q3 25
$1.64
$2.96
Q2 25
$1.34
$2.12
Q1 25
$1.47
$2.36
Q4 24
$1.68
$2.86
Q3 24
$1.63
$2.85
Q2 24
$1.24
$2.31
Q1 24
$1.17
$2.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EXPD
EXPD
RJF
RJF
Cash + ST InvestmentsLiquidity on hand
$1.3B
$9.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.4B
$12.6B
Total Assets
$4.9B
$88.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPD
EXPD
RJF
RJF
Q4 25
$1.3B
$9.9B
Q3 25
$1.2B
$11.4B
Q2 25
$1.2B
$9.2B
Q1 25
$1.3B
$9.7B
Q4 24
$1.1B
$10.0B
Q3 24
$1.3B
$11.0B
Q2 24
$1.3B
$9.1B
Q1 24
$1.4B
$10.0B
Stockholders' Equity
EXPD
EXPD
RJF
RJF
Q4 25
$2.4B
$12.6B
Q3 25
$2.3B
$12.5B
Q2 25
$2.2B
$12.3B
Q1 25
$2.3B
$12.2B
Q4 24
$2.2B
$11.9B
Q3 24
$2.4B
$11.7B
Q2 24
$2.2B
$11.2B
Q1 24
$2.2B
$11.0B
Total Assets
EXPD
EXPD
RJF
RJF
Q4 25
$4.9B
$88.8B
Q3 25
$4.8B
$88.2B
Q2 25
$4.8B
$84.8B
Q1 25
$4.8B
$83.1B
Q4 24
$4.8B
$82.3B
Q3 24
$5.2B
$83.0B
Q2 24
$4.8B
$80.6B
Q1 24
$4.5B
$81.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EXPD
EXPD
RJF
RJF
Operating Cash FlowLast quarter
$283.3M
$-10.0M
Free Cash FlowOCF − Capex
$270.3M
$-56.0M
FCF MarginFCF / Revenue
9.5%
-1.3%
Capex IntensityCapex / Revenue
0.5%
1.1%
Cash ConversionOCF / Net Profit
1.41×
-0.02×
TTM Free Cash FlowTrailing 4 quarters
$953.4M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPD
EXPD
RJF
RJF
Q4 25
$283.3M
$-10.0M
Q3 25
$201.4M
$796.0M
Q2 25
$179.2M
$691.0M
Q1 25
$342.6M
$117.0M
Q4 24
$249.7M
$830.0M
Q3 24
$90.0M
$510.0M
Q2 24
$126.8M
$711.0M
Q1 24
$256.9M
$391.0M
Free Cash Flow
EXPD
EXPD
RJF
RJF
Q4 25
$270.3M
$-56.0M
Q3 25
$190.3M
$752.0M
Q2 25
$163.3M
$634.0M
Q1 25
$329.5M
$71.0M
Q4 24
$239.7M
$789.0M
Q3 24
$77.7M
$460.0M
Q2 24
$118.8M
$655.0M
Q1 24
$246.7M
$342.0M
FCF Margin
EXPD
EXPD
RJF
RJF
Q4 25
9.5%
-1.3%
Q3 25
6.6%
17.9%
Q2 25
6.2%
16.5%
Q1 25
12.4%
1.8%
Q4 24
8.1%
19.6%
Q3 24
2.6%
11.5%
Q2 24
4.9%
17.4%
Q1 24
11.2%
9.4%
Capex Intensity
EXPD
EXPD
RJF
RJF
Q4 25
0.5%
1.1%
Q3 25
0.4%
1.1%
Q2 25
0.6%
1.5%
Q1 25
0.5%
1.2%
Q4 24
0.3%
1.0%
Q3 24
0.4%
1.2%
Q2 24
0.3%
1.5%
Q1 24
0.5%
1.3%
Cash Conversion
EXPD
EXPD
RJF
RJF
Q4 25
1.41×
-0.02×
Q3 25
0.91×
1.32×
Q2 25
0.98×
1.58×
Q1 25
1.68×
0.24×
Q4 24
1.06×
1.38×
Q3 24
0.39×
0.85×
Q2 24
0.72×
1.45×
Q1 24
1.52×
0.82×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EXPD
EXPD

Customs Brokerage And Other Services$1.1B40%
Airfreight Services$1.1B39%
Ocean Freight And Ocean Services$611.4M21%

RJF
RJF

Segment breakdown not available.

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