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Side-by-side financial comparison of Expeditors International (EXPD) and Vertiv Holdings Co (VRT). Click either name above to swap in a different company.
Expeditors International is the larger business by last-quarter revenue ($2.9B vs $2.6B, roughly 1.1× Vertiv Holdings Co). Vertiv Holdings Co runs the higher net margin — 14.7% vs 7.0%, a 7.7% gap on every dollar of revenue. On growth, Vertiv Holdings Co posted the faster year-over-year revenue change (30.1% vs -3.3%). Vertiv Holdings Co produced more free cash flow last quarter ($652.8M vs $270.3M). Over the past eight quarters, Vertiv Holdings Co's revenue compounded faster (16.5% 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.
Vertiv is an American multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial environments.
EXPD vs VRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.9B | $2.6B |
| Net Profit | $200.7M | $390.1M |
| Gross Margin | — | 37.7% |
| Operating Margin | 8.8% | — |
| Net Margin | 7.0% | 14.7% |
| Revenue YoY | -3.3% | 30.1% |
| Net Profit YoY | -14.9% | 137.1% |
| EPS (diluted) | $1.50 | $0.99 |
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.
| Q1 26 | — | $2.6B | ||
| Q4 25 | $2.9B | $2.9B | ||
| Q3 25 | $2.9B | $2.7B | ||
| Q2 25 | $2.7B | $2.6B | ||
| Q1 25 | $2.7B | $2.0B | ||
| Q4 24 | $3.0B | $2.3B | ||
| Q3 24 | $3.0B | $2.1B | ||
| Q2 24 | $2.4B | $2.0B |
| Q1 26 | — | $390.1M | ||
| Q4 25 | $200.7M | $445.6M | ||
| Q3 25 | $222.3M | $398.5M | ||
| Q2 25 | $183.6M | $324.2M | ||
| Q1 25 | $203.8M | $164.5M | ||
| Q4 24 | $235.9M | $147.0M | ||
| Q3 24 | $229.6M | $176.6M | ||
| Q2 24 | $175.5M | $178.1M |
| Q1 26 | — | 37.7% | ||
| Q4 25 | — | 38.9% | ||
| Q3 25 | — | 37.8% | ||
| Q2 25 | — | 34.0% | ||
| Q1 25 | — | 33.7% | ||
| Q4 24 | — | 37.1% | ||
| Q3 24 | — | 36.5% | ||
| Q2 24 | — | 38.0% |
| Q1 26 | — | — | ||
| Q4 25 | 8.8% | 20.1% | ||
| Q3 25 | 10.0% | 19.3% | ||
| Q2 25 | 9.3% | 16.8% | ||
| Q1 25 | 10.0% | 14.3% | ||
| Q4 24 | 10.2% | 19.5% | ||
| Q3 24 | 10.1% | 17.9% | ||
| Q2 24 | 9.2% | 17.2% |
| Q1 26 | — | 14.7% | ||
| Q4 25 | 7.0% | 15.5% | ||
| Q3 25 | 7.7% | 14.9% | ||
| Q2 25 | 6.9% | 12.3% | ||
| Q1 25 | 7.6% | 8.1% | ||
| Q4 24 | 8.0% | 6.3% | ||
| Q3 24 | 7.7% | 8.5% | ||
| Q2 24 | 7.2% | 9.1% |
| Q1 26 | — | $0.99 | ||
| Q4 25 | $1.50 | $1.14 | ||
| Q3 25 | $1.64 | $1.02 | ||
| Q2 25 | $1.34 | $0.83 | ||
| Q1 25 | $1.47 | $0.42 | ||
| Q4 24 | $1.68 | $0.38 | ||
| Q3 24 | $1.63 | $0.46 | ||
| Q2 24 | $1.24 | $0.46 |
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 | $2.5B |
| Total DebtLower is stronger | — | $0 |
| Stockholders' EquityBook value | $2.4B | $4.2B |
| Total Assets | $4.9B | $13.4B |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.5B | ||
| Q4 25 | $1.3B | $1.7B | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.2B | $1.6B | ||
| Q1 25 | $1.3B | $1.5B | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.3B | $908.7M | ||
| Q2 24 | $1.3B | $579.7M |
| Q1 26 | — | $0 | ||
| Q4 25 | — | $2.9B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | — | $2.9B | ||
| Q1 25 | — | $2.9B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | — | $2.9B |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $2.4B | $3.9B | ||
| Q3 25 | $2.3B | $3.5B | ||
| Q2 25 | $2.2B | $3.1B | ||
| Q1 25 | $2.3B | $2.7B | ||
| Q4 24 | $2.2B | $2.4B | ||
| Q3 24 | $2.4B | $1.8B | ||
| Q2 24 | $2.2B | $1.5B |
| Q1 26 | — | $13.4B | ||
| Q4 25 | $4.9B | $12.2B | ||
| Q3 25 | $4.8B | $10.8B | ||
| Q2 25 | $4.8B | $10.4B | ||
| Q1 25 | $4.8B | $9.5B | ||
| Q4 24 | $4.8B | $9.1B | ||
| Q3 24 | $5.2B | $8.9B | ||
| Q2 24 | $4.8B | $8.1B |
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | 0.74× | ||
| Q3 25 | — | 0.83× | ||
| Q2 25 | — | 0.93× | ||
| Q1 25 | — | 1.10× | ||
| Q4 24 | — | 1.20× | ||
| Q3 24 | — | 1.62× | ||
| Q2 24 | — | 1.91× |
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 | — |
| Free Cash FlowOCF − Capex | $270.3M | $652.8M |
| FCF MarginFCF / Revenue | 9.5% | 24.6% |
| Capex IntensityCapex / Revenue | 0.5% | 4.2% |
| Cash ConversionOCF / Net Profit | 1.41× | — |
| TTM Free Cash FlowTrailing 4 quarters | $953.4M | $2.3B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $283.3M | $978.9M | ||
| Q3 25 | $201.4M | $508.7M | ||
| Q2 25 | $179.2M | $322.9M | ||
| Q1 25 | $342.6M | $303.3M | ||
| Q4 24 | $249.7M | $425.2M | ||
| Q3 24 | $90.0M | $378.2M | ||
| Q2 24 | $126.8M | $378.4M |
| Q1 26 | — | $652.8M | ||
| Q4 25 | $270.3M | $885.6M | ||
| Q3 25 | $190.3M | $463.5M | ||
| Q2 25 | $163.3M | $277.9M | ||
| Q1 25 | $329.5M | $266.8M | ||
| Q4 24 | $239.7M | $364.5M | ||
| Q3 24 | $77.7M | $341.8M | ||
| Q2 24 | $118.8M | $344.3M |
| Q1 26 | — | 24.6% | ||
| Q4 25 | 9.5% | 30.8% | ||
| Q3 25 | 6.6% | 17.3% | ||
| Q2 25 | 6.2% | 10.5% | ||
| Q1 25 | 12.4% | 13.1% | ||
| Q4 24 | 8.1% | 15.5% | ||
| Q3 24 | 2.6% | 16.5% | ||
| Q2 24 | 4.9% | 17.6% |
| Q1 26 | — | 4.2% | ||
| Q4 25 | 0.5% | 3.2% | ||
| Q3 25 | 0.4% | 1.7% | ||
| Q2 25 | 0.6% | 1.7% | ||
| Q1 25 | 0.5% | 1.8% | ||
| Q4 24 | 0.3% | 2.6% | ||
| Q3 24 | 0.4% | 1.8% | ||
| Q2 24 | 0.3% | 1.7% |
| Q1 26 | — | — | ||
| Q4 25 | 1.41× | 2.20× | ||
| Q3 25 | 0.91× | 1.28× | ||
| Q2 25 | 0.98× | 1.00× | ||
| Q1 25 | 1.68× | 1.84× | ||
| Q4 24 | 1.06× | 2.89× | ||
| Q3 24 | 0.39× | 2.14× | ||
| Q2 24 | 0.72× | 2.12× |
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% |
VRT
Segment breakdown not available.
