# Expeditors International of Washington (EXPD.US)

Canonical: https://gigainvestors.com/s/EXPD

Analysis as of: 2026-10-16T07:28:25.590Z. Financial observations: FY1996–FY2026.

Listing currency: USD. Reporting currency: USD.

## Verdict

A wonderful business at too high a price

Quality tests for Buy: pass (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: $198.64 per share; close as of 2026-10-15.

Estimated value: low $90.03 per share, central $101.77 per share, high $117.40 per share. Buy at or below the central value $101.77 per share. Valuation as of 2026-10-16T07:28:25.590Z; scenarios are not confidence intervals.

Expected annual return: 6.4% at the stated quote. About 6.4% a year at today's price (required return 10.0%). required return 10.0% a year (10% floor; US 10-year bond 5.1% + 4 points).

## Checklist

### understandable: pass

- 2 revenue declines in the last 10 years (informational)

- Financial history: 10 years

- Years with declining revenue: 2

- Years with a net loss: 0

- Operating margin variation: 0.06×

Chart: Operating margin; fiscal year observations.

- FY2017: 0.10×

- FY2018: 0.10×

- FY2019: 0.10×

- FY2020: 0.10×

- FY2021: 0.12×

- FY2022: 0.11×

- FY2023: 0.10×

- FY2024: 0.10×

- FY2025: 0.10×

- LTM to Jun 2026: 0.10×

### moat: pass

- ROIC, median of available years: 50.2%

- ROIC, second-lowest year: 43.9%

- Typical minus recent gross margin: -0.6 pp

- Typical gross margin (annual median): 12.7%

- Recent gross margin (lower of latest and 3-year median): 13.4%

- Years with nonpositive capital: 0

- Capital spending / revenue: 0.5%

- ROIC including acquisitions, ten-year median: 45.1%

Chart: ROIC excluding acquisitions; fiscal year observations.

- FY2016: 50.5%

- FY2017: 51.2%

- FY2018: 56.2%

- FY2019: 42.3%

- FY2020: 43.9%

- FY2021: 63.2%

- FY2022: 85.2%

- FY2023: 49.8%

- FY2024: 47.2%

- FY2025: 48.7%

### economics: pass

- Owner earnings / net income, 5-yr: 1.01×

- Cash conversion uses consolidated totals: No

- Owner earnings, five-year total: $5.2B

- Net income, five-year total: $5.1B

- Return on incremental invested capital: 72.4%

- Working capital / revenue, annual change: 0.0 pp

- Working capital / revenue, change between three-year averages: 0.2 pp

- Working capital / revenue, final three-year average: 8.1%

Chart: Annual owner cash / profit; fiscal year observations.

- FY2021: 1.01×

- FY2022: 1.00×

- FY2023: 1.04×

- FY2024: 1.03×

- FY2025: 1.00×

### management: pass

- Historical market-dollar context (not the management verdict): 2016 to 2025 (9 years)

- potential debt-funded buybacks (informational)

- buybacks leaned toward cheaper years (informational)

- ROIC first 3 years vs last 3 years: 51.2% vs 48.7%

- Per-share earnings: 2.40 to 5.72 (three-year endpoint medians)

- Management verdict uses per-share economic progress: Yes

- Ordinary dilution, 10-year annual growth: -3.3%

- Ordinary dilution, 5-year annual growth: -4.4%

- Market cap gain: $10B

- Cumulative retained earnings: $594M

- Diluted shares, 10-year annual growth: -3.3%

- Diluted shares, 5-year annual growth: -4.4%

- $1 test, starting fiscal year: FY2016

- $1 test, ending fiscal year: FY2025

- Per-share value growth: 11.4%

- Per-share value change: $3.31

- Per-share value, starting three-year median: $2.40

- Per-share value, ending three-year median: $5.72

- Buybacks concentrated in cheaper years (correlation): 0.21

- Average buyback yield: 4.7%

- Buyback history: 10 years

- Debt-funded buybacks: Yes

- Acquisition spending: $0

- Cumulative net income, 10 years: $8.0B

- ROIC, first three-year median: 51.2%

- ROIC, last three-year median: 48.7%

Chart: Earnings per share; fiscal year observations.

- FY2016: $2.36

- FY2017: $2.69

- FY2018: $3.48

- FY2019: $3.39

- FY2020: $4.07

- FY2021: $8.27

- FY2022: $8.26

- FY2023: $5.01

- FY2024: $5.72

- FY2025: $5.97

### accounting: pass

- Sloan accruals: -3.9%

- Receivables to sales index (DSRI): 0.97×

- Restructuring years, last five: 0

- Stock compensation / operating cash flow: 6.9%

- Earnings backed by cash: Yes

- Operating cash / earnings: 1.24×

- Accounting red flags: 0

- Goodwill and intangibles / equity: 0.00×

Chart: Sloan accruals; fiscal year observations.

- FY2016: -3.5%

- FY2017: 0.0%

- FY2018: 1.4%

- FY2019: -4.9%

- FY2020: 0.8%

- FY2021: 7.2%

- FY2022: -13.8%

- FY2023: -6.6%

- FY2024: 1.8%

- FY2025: -3.9%

## Holders

- [Matthew McLennan](https://gigainvestors.com/FE): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Price needs cash profits to grow 10.1% a year for ten years · sales +8.7%

Story as of 2026-10-16T09:58:43.887Z; price observation 2026-10-15.

Price needs cash profits to grow 10.1% a year for ten years

- 2025-08-05: Expeditors posts upbeat results on higher freight volumes, customs fees ([investing.com](https://www.investing.com/news/stock-market-news/expeditors-posts-upbeat-results-on-higher-freight-volumes-customs-fees-4170399))

- 2025-11-04: Logistics firm Expeditors posts upbeat results as tariff turmoil boosts brokerage demand ([ca.finance.yahoo.com](https://ca.finance.yahoo.com/news/logistics-firm-expeditors-posts-upbeat-153357128.html))

- 2025-12-02: Airfreight and AI Infrastructure Boost Expeditors’ (EXPD) Outlook, According to BofA ([finance.yahoo.com](https://finance.yahoo.com/news/airfreight-ai-infrastructure-boost-expeditors-130728596.html))

- 2026-08-04: EXPD Q2 Earnings Beat Estimates on Airfreight and Customs Strength ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/expd-q2-earnings-beat-estimates-171600555.html))

- 2026-10-02: Expeditors International of Washington Seen Benefiting From Stronger Ocean Rates, Airfreight Growth, UBS Says ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/expeditors-international-washington-seen-benefiting-152116414.html))

### Sales · FY2025–2026

sales +8.7%; source https://www.sec.gov/Archives/edgar/data/746515/000119312526071569/expd-20251231.htm; observed 2026-02-25.

- FY2017: $6.9B 

- FY2018: $8.1B 

- FY2019: $7.9B 

- FY2020: $9.6B 

- FY2021: $17B 

- FY2022: $17B 

- FY2023: $9.3B 

- FY2024: $11B 

- FY2025: $11B 

- FY2026: $12B 

### Gross margin · FY2025

gross margin 15.3%; source https://www.sec.gov/Archives/edgar/data/746515/000119312526071569/expd-20251231.htm; observed 2026-02-25.

- FY2016: 14.0% 

- FY2017: 12.8% 

- FY2018: 12.5% 

- FY2019: 12.6% 

- FY2020: 12.1% 

- FY2021: 13.1% 

- FY2022: 12.7% 

- FY2023: 13.4% 

- FY2024: 12.7% 

- FY2025: 15.3% 

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in integrated freight & logistics; annual sales are USD 11.1 billion.

- Source: https://www.sec.gov/Archives/edgar/data/746515/000119312526071569/expd-20251231.htm (filed 2026-02-25); FY2025: revenue 11069009000; grossProfit 1694227000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); EXPD.US: Expeditors International of Washington, Inc., together with its subsidiaries, provides logistics services in the Americas, North Asia, South Asia, Europe, and Middle East, Africa, and India. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, including ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage and other services, import, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other logistics solutions. It also provides optimization, trade compliance consulting, cargo insurance, cargo security, and solutions. In addition, it acts as a freight consolidator or as an agent for the airline that carries the shipment. Further, the company provides ancillary services that include preparation of shipping and customs documentation, packing, crating, insurance services, and the preparation of documentation to comply with local export and import laws. The company was incorporated in 1979 and is headquartered in Bellevue, Washington.

### Why customers stay

Margins ranged from 12.7% to 15.3% during 2023–25; it earns 50.2% on its capital.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2023: grossProfit / revenue = 13.4%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2024: grossProfit / revenue = 12.7%.

- Source: https://www.sec.gov/Archives/edgar/data/746515/000119312526071569/expd-20251231.htm (filed 2026-02-25); FY2025: grossProfit / revenue = 15.3%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); 10-year return on capital observations [[2016,0.5051815775923254],[2017,0.512279643166411],[2018,0.561945567256782],[2019,0.4230185872851679],[2020,0.4394335092739049],[2021,0.6324843587104895],[2022,0.8522714952863968],[2023,0.49822761790413866],[2024,0.471961077588692],[2025,0.48704981616921256]]; median 0.5017045977482321. ROIC follows the displayed moat series; financial companies use return on tangible equity.

### Can it raise prices

Kept about a 13% gross margin through 2022 cost inflation.

- Source: https://www.sec.gov/Archives/edgar/data/746515/000119312526071569/expd-20251231.htm (filed 2026-02-25); Gross margin observations: [[2021,0.13105030847851581],[2022,0.12718024022094648],[2023,0.1339205665309335]]; range within 2 percentage points.

### Where the cash goes

Paid dividends in 10 of 10 years; bought back USD 667.3 million of shares.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2016: growth capex 0; upkeep 59316000; owner earnings 418287000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2017: growth capex 45706000; upkeep 49310000; owner earnings 489345000. Growth capex / owner earnings = 0.09340240525600547.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2018: growth capex 0; upkeep 47474000; owner earnings 624744000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2019: growth capex 0; upkeep 47022000; owner earnings 594323000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2020: growth capex 0; upkeep 47543000; owner earnings 705556000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2021: growth capex 0; upkeep 36247000; owner earnings 1430557000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2022: growth capex 29486000; upkeep 57338000; owner earnings 1357399000. Growth capex / owner earnings = 0.021722426493610204.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2023: growth capex 0; upkeep 39314000; owner earnings 781329000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); FY2024: growth capex 0; upkeep 40466000; owner earnings 830697000. Growth capex / owner earnings = 0.

- Source: https://www.sec.gov/Archives/edgar/data/746515/000119312526071569/expd-20251231.htm (filed 2026-02-25); FY2025: growth capex 0; upkeep 53101000; owner earnings 817432000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); Dividend observations: [[2016,145123000],[2017,150495000],[2018,156840000],[2019,170553000],[2020,174929000],[2021,195766000],[2022,213799000],[2023,202029000],[2024,204087000],[2025,207437000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://www.sec.gov/Archives/edgar/data/746515/000119312526071569/expd-20251231.htm (filed 2026-02-25); FY2025: cash repurchases 667306000 USD.

### Are managers owners

Insiders own 0.6% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); EXPD.US SharesStats.PercentInsiders = 0.634 percentage points; cache date 2026-10-16.

### What could break it

Increased tariffs on certain sectors for Canada, China, and Mexico took effect in the first quarter of 2025.

- Source: https://www.sec.gov/Archives/edgar/data/746515/000119312526071569/expd-20251231.htm (filed 2026-02-25); Currently, the United States Government has undertaken a substantial global trade rebalancing effort resulting in significantly higher tariffs on imports. Increased tariffs on certain sectors for Canada, China, and Mexico took effect in the first quarter of 2025. Additionally, reciprocal tariffs on certain countries were expected to take effect in April 2025, and were later postponed to July and August 2025, while trade negotiations by country were taking place.

### What the price says

The price assumes cash profits grow 10.1% yearly over ten years; actual growth was 9.5%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-25); Ten-year compound average after fade. Initial solved rate 0.17351352248355806. Price 198.64; FX 1; discount 0.1; same compounder ten-year fade to terminal 0.03. FY2015 owner earnings/share 2.412179389453431 → FY2025 5.999544950788629. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2016-10: $51.47 per share

- 2016-11: $52.74 per share

- 2016-12: $52.96 per share

- 2017-01: $52.08 per share

- 2017-02: $56.38 per share

- 2017-03: $56.49 per share

- 2017-04: $56.09 per share

- 2017-05: $53.38 per share

- 2017-06: $56.48 per share

- 2017-07: $58.88 per share

- 2017-08: $56.10 per share

- 2017-09: $59.86 per share

- 2017-10: $58.38 per share

- 2017-11: $64.78 per share

- 2017-12: $64.69 per share

- 2018-01: $64.95 per share

- 2018-02: $64.96 per share

- 2018-03: $63.30 per share

- 2018-04: $63.86 per share

- 2018-05: $74.48 per share

- 2018-06: $73.10 per share

- 2018-07: $76.17 per share

- 2018-08: $73.28 per share

- 2018-09: $73.53 per share

- 2018-10: $67.18 per share

- 2018-11: $76.09 per share

- 2018-12: $68.09 per share

- 2019-01: $69.30 per share

- 2019-02: $74.95 per share

- 2019-03: $75.90 per share

- 2019-04: $79.42 per share

- 2019-05: $69.59 per share

- 2019-06: $75.86 per share

- 2019-07: $76.35 per share

- 2019-08: $71.10 per share

- 2019-09: $74.29 per share

- 2019-10: $72.94 per share

- 2019-11: $74.76 per share

- 2019-12: $78.02 per share

- 2020-01: $73.04 per share

- 2020-02: $70.42 per share

- 2020-03: $66.72 per share

- 2020-04: $71.61 per share

- 2020-05: $76.37 per share

- 2020-06: $76.04 per share

- 2020-07: $84.51 per share

- 2020-08: $88.39 per share

- 2020-09: $90.52 per share

- 2020-10: $88.37 per share

- 2020-11: $89.37 per share

- 2020-12: $95.11 per share

- 2021-01: $89.52 per share

- 2021-02: $91.84 per share

- 2021-03: $107.69 per share

- 2021-04: $109.86 per share

- 2021-05: $125.69 per share

- 2021-06: $126.60 per share

- 2021-07: $128.25 per share

- 2021-08: $124.64 per share

- 2021-09: $119.13 per share

- 2021-10: $123.26 per share

- 2021-11: $121.62 per share

- 2021-12: $134.29 per share

- 2022-01: $114.48 per share

- 2022-02: $103.36 per share

- 2022-03: $103.16 per share

- 2022-04: $99.07 per share

- 2022-05: $108.84 per share

- 2022-06: $97.46 per share

- 2022-07: $106.25 per share

- 2022-08: $102.89 per share

- 2022-09: $88.31 per share

- 2022-10: $97.85 per share

- 2022-11: $116.06 per share

- 2022-12: $103.92 per share

- 2023-01: $108.15 per share

- 2023-02: $104.56 per share

- 2023-03: $110.12 per share

- 2023-04: $113.84 per share

- 2023-05: $110.31 per share

- 2023-06: $121.13 per share

- 2023-07: $127.30 per share

- 2023-08: $116.71 per share

- 2023-09: $114.63 per share

- 2023-10: $109.25 per share

- 2023-11: $120.34 per share

- 2023-12: $127.20 per share

- 2024-01: $126.33 per share

- 2024-02: $119.60 per share

- 2024-03: $121.57 per share

- 2024-04: $111.31 per share

- 2024-05: $120.90 per share

- 2024-06: $124.79 per share

- 2024-07: $124.82 per share

- 2024-08: $123.41 per share

- 2024-09: $131.40 per share

- 2024-10: $119.00 per share

- 2024-11: $121.64 per share

- 2024-12: $110.77 per share

- 2025-01: $113.58 per share

- 2025-02: $117.36 per share

- 2025-03: $120.25 per share

- 2025-04: $109.91 per share

- 2025-05: $112.73 per share

- 2025-06: $114.25 per share

- 2025-07: $116.24 per share

- 2025-08: $120.54 per share

- 2025-09: $122.59 per share

- 2025-10: $121.90 per share

- 2025-11: $146.90 per share

- 2025-12: $149.01 per share

- 2026-01: $160.54 per share

- 2026-02: $145.03 per share

- 2026-03: $143.23 per share

- 2026-04: $147.89 per share

- 2026-05: $157.99 per share

- 2026-06: $162.98 per share

- 2026-07: $167.89 per share

- 2026-08: $189.65 per share

- 2026-09: $184.64 per share

- 2026-10: $198.64 per share

## Annual estimated value (USD per share)

- FY2016: low $31.36 per share, central $42.02 per share, high $48.51 per share

- FY2017: low $40.19 per share, central $52.56 per share, high $60.73 per share

- FY2018: low $48.67 per share, central $66.67 per share, high $77.50 per share

- FY2019: low $52.30 per share, central $72.54 per share, high $84.14 per share

- FY2020: low $65.51 per share, central $88.81 per share, high $102.87 per share

- FY2021: low $113.00 per share, central $161.10 per share, high $187.93 per share

- FY2022: low $126.02 per share, central $179.12 per share, high $208.73 per share

- FY2023: low $64.98 per share, central $72.83 per share, high $83.28 per share

- FY2024: low $74.42 per share, central $83.90 per share, high $96.53 per share

- FY2025: low $81.68 per share, central $91.98 per share, high $105.70 per share

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

Prior published observations retained from 2026-10-15T06:34:07.302Z where newer inputs omit a numeric field or fiscal period.

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/746515/000119312526071569/expd-20251231.htm); period 2025-12-31, filed 2026-02-25.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations

- [Matthew McLennan](https://gigainvestors.com/FE): 2,020,988 EXPD shares; USD 329,381,000 reported position value; 0.54% of portfolio; reduce; quarter 2026 Q2.

# EXPD — Expeditors Int'l

Held by 1 investor · USD 329,381,000 total · 2026 Q2 · reported price USD 162.98 (split-adjusted).
Page: https://gigainvestors.com/s/EXPD

## Holders (2026 Q2)

| Investor | Value | % of their portfolio | This quarter |
|---|---:|---:|---|
| Matthew McLennan (https://gigainvestors.com/FE) | USD 329,381,000 | 0.5% | reduce -66.01% |

## Total held by quarter

- 2007 Q2: USD 63,932,400 · 1 holder · USD 41.30
- 2007 Q3: USD 73,220,400 · 1 holder · USD 47.30
- 2007 Q4: USD 69,164,640 · 1 holder · USD 44.68
- 2008 Q1: USD 69,938,640 · 1 holder · USD 45.18
- 2008 Q2: USD 66,564,000 · 1 holder · USD 43.00
- 2008 Q3: USD 57,416,320 · 1 holder · USD 34.84
- 2008 Q4: USD 54,828,960 · 1 holder · USD 33.27
- 2009 Q1: USD 46,621,920 · 1 holder · USD 28.29
- 2009 Q2: USD 54,944,320 · 1 holder · USD 33.34
- 2009 Q3: USD 57,927,200 · 1 holder · USD 35.15
- 2009 Q4: USD 57,300,960 · 1 holder · USD 34.77
- 2010 Q1: USD 60,844,160 · 1 holder · USD 36.92
- 2010 Q2: USD 56,872,480 · 1 holder · USD 34.51
- 2010 Q3: USD 76,187,040 · 1 holder · USD 46.23
- 2010 Q4: USD 100,900,800 · 1 holder · USD 54.60
- 2011 Q1: USD 92,677,200 · 1 holder · USD 50.15
- 2011 Q2: USD 94,599,120 · 1 holder · USD 51.19
- 2011 Q3: USD 74,936,400 · 1 holder · USD 40.55
- 2011 Q4: USD 75,694,080 · 1 holder · USD 40.96
- 2012 Q1: USD 85,950,480 · 1 holder · USD 46.51
- 2012 Q2: USD 71,610,000 · 1 holder · USD 38.75
- 2012 Q3: USD 67,193,280 · 1 holder · USD 36.36
- 2012 Q4: USD 0 · 0 holders
- 2013 Q1: USD 0 · 0 holders
- 2013 Q2: USD 0 · 0 holders
- 2013 Q3: USD 0 · 0 holders
- 2013 Q4: USD 0 · 0 holders
- 2014 Q1: USD 86,658,921 · 1 holder · USD 39.63
- 2014 Q2: USD 39,980,874 · 1 holder · USD 44.16
- 2014 Q3: USD 0 · 0 holders
- 2014 Q4: USD 0 · 0 holders
- 2015 Q1: USD 0 · 0 holders
- 2015 Q2: USD 0 · 0 holders
- 2015 Q3: USD 0 · 0 holders
- 2015 Q4: USD 0 · 0 holders
- 2016 Q1: USD 0 · 0 holders
- 2016 Q2: USD 0 · 0 holders
- 2016 Q3: USD 0 · 0 holders
- 2016 Q4: USD 0 · 0 holders
- 2017 Q1: USD 0 · 0 holders
- 2017 Q2: USD 0 · 0 holders
- 2017 Q3: USD 0 · 0 holders
- 2017 Q4: USD 0 · 0 holders
- 2018 Q1: USD 0 · 0 holders
- 2018 Q2: USD 0 · 0 holders
- 2018 Q3: USD 885,047 · 1 holder · USD 73.57
- 2018 Q4: USD 655,996 · 1 holder · USD 68.12
- 2019 Q1: USD 786,013 · 1 holder · USD 75.87
- 2019 Q2: USD 786,013 · 1 holder · USD 75.87
- 2019 Q3: USD 1,032,027 · 1 holder · USD 74.30
- 2019 Q4: USD 1,304,940 · 1 holder · USD 78.00
- 2020 Q1: USD 156,168,000 · 2 holders · USD 66.72
- 2020 Q2: USD 179,375,616 · 2 holders · USD 76.06
- 2020 Q3: USD 220,774,082 · 2 holders · USD 90.52
- 2020 Q4: USD 240,616,396 · 2 holders · USD 95.12
- 2021 Q1: USD 274,308,625 · 2 holders · USD 107.70
- 2021 Q2: USD 321,376,414 · 2 holders · USD 126.61
- 2021 Q3: USD 298,385,506 · 2 holders · USD 119.13
- 2021 Q4: USD 333,571,358 · 2 holders · USD 134.30
- 2022 Q1: USD 257,242,871 · 2 holders · USD 103.16
- 2022 Q2: USD 259,008,332 · 2 holders · USD 97.46
- 2022 Q3: USD 242,191,411 · 2 holders · USD 88.31
- 2022 Q4: USD 291,626,932 · 2 holders · USD 103.92
- 2023 Q1: USD 308,797,053 · 2 holders · USD 110.12
- 2023 Q2: USD 336,509,558 · 2 holders · USD 121.13
- 2023 Q3: USD 308,489,390 · 2 holders · USD 114.63
- 2023 Q4: USD 341,753,964 · 1 holder · USD 127.20
- 2024 Q1: USD 327,634,432 · 1 holder · USD 121.57
- 2024 Q2: USD 359,303,604 · 2 holders · USD 124.79
- 2024 Q3: USD 409,652,033 · 2 holders · USD 131.40
- 2024 Q4: USD 453,307,505 · 2 holders · USD 110.77
- 2025 Q1: USD 647,380,404 · 2 holders · USD 120.26
- 2025 Q2: USD 719,972,090 · 2 holders · USD 114.25
- 2025 Q3: USD 769,894,867 · 1 holder · USD 122.59
- 2025 Q4: USD 940,596,568 · 1 holder · USD 149.01
- 2026 Q1: USD 851,528,848 · 1 holder · USD 143.23
- 2026 Q2: USD 329,381,000 · 1 holder · USD 162.98