vs
Side-by-side financial comparison of Expeditors International (EXPD) and Vistra Corp. (VST). Click either name above to swap in a different company.
Vistra Corp. is the larger business by last-quarter revenue ($4.8B vs $2.9B, roughly 1.7× Expeditors International). Expeditors International runs the higher net margin — 7.0% vs 4.8%, a 2.2% gap on every dollar of revenue. On growth, Vistra Corp. posted the faster year-over-year revenue change (31.2% vs -3.3%). Vistra Corp. produced more free cash flow last quarter ($596.0M vs $270.3M). Over the past eight quarters, Vistra Corp.'s revenue compounded faster (23.3% 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.
Vistra may refer to either of two companies:Vistra, a corporate services company based in Hong Kong Vistra Corp, an energy company based in Texas
EXPD vs VST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.9B | $4.8B |
| Net Profit | $200.7M | $233.0M |
| Gross Margin | — | — |
| Operating Margin | 8.8% | 9.9% |
| Net Margin | 7.0% | 4.8% |
| Revenue YoY | -3.3% | 31.2% |
| Net Profit YoY | -14.9% | -47.2% |
| EPS (diluted) | $1.50 | $0.55 |
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 | $4.8B | ||
| Q3 25 | $2.9B | $4.8B | ||
| Q2 25 | $2.7B | $3.8B | ||
| Q1 25 | $2.7B | $4.3B | ||
| Q4 24 | $3.0B | $3.7B | ||
| Q3 24 | $3.0B | $4.3B | ||
| Q2 24 | $2.4B | $3.6B | ||
| Q1 24 | $2.2B | $3.2B |
| Q4 25 | $200.7M | $233.0M | ||
| Q3 25 | $222.3M | $652.0M | ||
| Q2 25 | $183.6M | $327.0M | ||
| Q1 25 | $203.8M | $-268.0M | ||
| Q4 24 | $235.9M | $441.0M | ||
| Q3 24 | $229.6M | $1.9B | ||
| Q2 24 | $175.5M | $365.0M | ||
| Q1 24 | $169.2M | $-35.0M |
| Q4 25 | 8.8% | 9.9% | ||
| Q3 25 | 10.0% | 21.7% | ||
| Q2 25 | 9.3% | 13.7% | ||
| Q1 25 | 10.0% | -2.8% | ||
| Q4 24 | 10.2% | 16.4% | ||
| Q3 24 | 10.1% | 59.6% | ||
| Q2 24 | 9.2% | 22.5% | ||
| Q1 24 | 9.7% | 2.7% |
| Q4 25 | 7.0% | 4.8% | ||
| Q3 25 | 7.7% | 13.6% | ||
| Q2 25 | 6.9% | 8.7% | ||
| Q1 25 | 7.6% | -6.3% | ||
| Q4 24 | 8.0% | 12.0% | ||
| Q3 24 | 7.7% | 43.5% | ||
| Q2 24 | 7.2% | 10.1% | ||
| Q1 24 | 7.7% | -1.1% |
| Q4 25 | $1.50 | $0.55 | ||
| Q3 25 | $1.64 | $1.75 | ||
| Q2 25 | $1.34 | $0.81 | ||
| Q1 25 | $1.47 | $-0.93 | ||
| Q4 24 | $1.68 | $1.09 | ||
| Q3 24 | $1.63 | $5.25 | ||
| Q2 24 | $1.24 | $0.90 | ||
| Q1 24 | $1.17 | $-0.24 |
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 | $785.0M |
| Total DebtLower is stronger | — | $15.8B |
| Stockholders' EquityBook value | $2.4B | $5.1B |
| Total Assets | $4.9B | $41.5B |
| Debt / EquityLower = less leverage | — | 3.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | $785.0M | ||
| Q3 25 | $1.2B | $602.0M | ||
| Q2 25 | $1.2B | $458.0M | ||
| Q1 25 | $1.3B | $561.0M | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.3B | $905.0M | ||
| Q2 24 | $1.3B | $1.6B | ||
| Q1 24 | $1.4B | $1.1B |
| Q4 25 | — | $15.8B | ||
| Q3 25 | — | $15.8B | ||
| Q2 25 | — | $15.5B | ||
| Q1 25 | — | $15.4B | ||
| Q4 24 | — | $15.4B | ||
| Q3 24 | — | $13.9B | ||
| Q2 24 | — | $13.9B | ||
| Q1 24 | — | $14.7B |
| Q4 25 | $2.4B | $5.1B | ||
| Q3 25 | $2.3B | $5.2B | ||
| Q2 25 | $2.2B | $4.8B | ||
| Q1 25 | $2.3B | $4.8B | ||
| Q4 24 | $2.2B | $5.6B | ||
| Q3 24 | $2.4B | $5.4B | ||
| Q2 24 | $2.2B | $5.6B | ||
| Q1 24 | $2.2B | $5.7B |
| Q4 25 | $4.9B | $41.5B | ||
| Q3 25 | $4.8B | $38.0B | ||
| Q2 25 | $4.8B | $38.1B | ||
| Q1 25 | $4.8B | $38.2B | ||
| Q4 24 | $4.8B | $37.8B | ||
| Q3 24 | $5.2B | $37.9B | ||
| Q2 24 | $4.8B | $39.1B | ||
| Q1 24 | $4.5B | $38.2B |
| Q4 25 | — | 3.11× | ||
| Q3 25 | — | 3.02× | ||
| Q2 25 | — | 3.22× | ||
| Q1 25 | — | 3.20× | ||
| Q4 24 | — | 2.77× | ||
| Q3 24 | — | 2.56× | ||
| Q2 24 | — | 2.49× | ||
| Q1 24 | — | 2.60× |
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 | $1.4B |
| Free Cash FlowOCF − Capex | $270.3M | $596.0M |
| FCF MarginFCF / Revenue | 9.5% | 12.4% |
| Capex IntensityCapex / Revenue | 0.5% | 17.4% |
| Cash ConversionOCF / Net Profit | 1.41× | 6.15× |
| TTM Free Cash FlowTrailing 4 quarters | $953.4M | $1.3B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $283.3M | $1.4B | ||
| Q3 25 | $201.4M | $1.5B | ||
| Q2 25 | $179.2M | $572.0M | ||
| Q1 25 | $342.6M | $599.0M | ||
| Q4 24 | $249.7M | $1.4B | ||
| Q3 24 | $90.0M | $1.7B | ||
| Q2 24 | $126.8M | $1.2B | ||
| Q1 24 | $256.9M | $312.0M |
| Q4 25 | $270.3M | $596.0M | ||
| Q3 25 | $190.3M | $1.0B | ||
| Q2 25 | $163.3M | $-118.0M | ||
| Q1 25 | $329.5M | $-169.0M | ||
| Q4 24 | $239.7M | $923.0M | ||
| Q3 24 | $77.7M | $1.0B | ||
| Q2 24 | $118.8M | $698.0M | ||
| Q1 24 | $246.7M | $-153.0M |
| Q4 25 | 9.5% | 12.4% | ||
| Q3 25 | 6.6% | 21.1% | ||
| Q2 25 | 6.2% | -3.1% | ||
| Q1 25 | 12.4% | -4.0% | ||
| Q4 24 | 8.1% | 25.2% | ||
| Q3 24 | 2.6% | 23.4% | ||
| Q2 24 | 4.9% | 19.4% | ||
| Q1 24 | 11.2% | -4.8% |
| Q4 25 | 0.5% | 17.4% | ||
| Q3 25 | 0.4% | 9.6% | ||
| Q2 25 | 0.6% | 18.4% | ||
| Q1 25 | 0.5% | 18.1% | ||
| Q4 24 | 0.3% | 11.7% | ||
| Q3 24 | 0.4% | 15.8% | ||
| Q2 24 | 0.3% | 13.8% | ||
| Q1 24 | 0.5% | 14.7% |
| Q4 25 | 1.41× | 6.15× | ||
| Q3 25 | 0.91× | 2.25× | ||
| Q2 25 | 0.98× | 1.75× | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 1.06× | 3.07× | ||
| Q3 24 | 0.39× | 0.90× | ||
| Q2 24 | 0.72× | 3.28× | ||
| Q1 24 | 1.52× | — |
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% |
VST
| Retail Energy Charge In ERCOT | $2.1B | 43% |
| Retail Energy Charge In Northeast Midwest | $1.2B | 24% |
| East Segment | $1.1B | 24% |
| Hedging Revenue Realized | $170.0M | 4% |
| Revenue From Other Wholesale Contracts | $116.0M | 2% |
| Transferable Production Tax Credit Revenues | $78.0M | 2% |
| West Segment | $77.0M | 2% |
| Intersegment Sales | $25.0M | 1% |
