C.H. Robinson (CHRW)
Industrials · $14.8B market cap · SEC CIK 0001043277
ahead of 20% of the S&P 500 · #69 of 79 in Industrials
Next reports on Jan 26, 2027, after the close, with analysts expecting $1.66 in earnings per share.
52-week range $122.21 to $210.33. 39% below its 52-week high and 6% above its low.
The case for CHRW
- Earns 40% back on shareholder equity.
- Revenue growing 10.4% year over year.
- Pays a 3.0% dividend while you wait.
- Price/sales of 0.8× is lower than 96% of Industrials companies.
The case against
- Net margin of 3.7% leaves very little room for error.
- Near the bottom of its 52-week range, 39% below the high. Falling prices usually have a reason; find it first.
- Growth is weak (31/100): revenue +10.4%, EPS +12.8%, 0.0% a year over five years.
- Long-term debt of $1.1B against $161M of cash.
- Trailed the S&P 500 by 25 points over the past year.
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Industrials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings and cash, against the growth you get | 61 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 31 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 40 |
| Momentumhow the price has behaved lately | 19 |
| Stabilityhow violently it moves, what it owes and what it pays you | 73 |
- Each factor except momentum is half fixed thresholds, half rank among the 79 Industrials companies.
The financials
Revenue growth
Is the business growing? Yes
| Last 12 months | +10.4% |
|---|---|
| Over 5 years | 0.0% a year |
| FY2025 revenue | $16.2B (−8%) |
Free cash flow
Is it generating real cash? Yes
| FY2025 free cash flow | $895M |
|---|---|
| Of revenue | 6% |
| Of profit | 152% |
Profit margins
Is profitability improving? Yes, improving
| Gross margin | 16% |
|---|---|
| Operating margin | 5% |
| Net margin, FY24 → FY25 → now | 2.6% → 3.6% → 3.7% |
Debt vs. cash
Is the balance sheet healthy? Yes, the debt is manageable
| Cash | $161M |
|---|---|
| Long-term debt | $1.1B |
| Net debt | $929M |
| Years to repay | 1.2 yrs |
Valuation
Is the stock price reasonable? Yes, about fair
| P/E | 22.2× |
|---|---|
| Fair P/E for its growth | 20× |
| P/FCF | 16.6× |
| Forward P/E | 17.1× |
| EV / EBITDA | 16.8× |
At 22.2× earnings it trades close to the 20× that 5% a year of growth plus a 3.0% dividend would justify. At 16.6× free cash flow it trades below that same mark.
The financials, five years deep
Pulled from C.H. Robinson's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue growth | |||||
| Revenue | $16.2B | $17.7B | $17.6B | $24.7B | $23.1B |
| Change on the year | −8% | +1% | −29% | +7% | — |
| Free cash flow | |||||
| Free cash flow | $895M | $486M | $702M | $1.6B | $60.8M |
| Of revenue | 6% | 3% | 4% | 6% | 0% |
| Profit margins | |||||
| Operating margin | 4.9% | 3.8% | 2.9% | 5.1% | 4.7% |
| Net margin | 3.6% | 2.6% | 1.8% | 3.8% | 3.7% |
| Debt vs. cash | |||||
| Cash | $161M | $146M | $146M | $217M | $257M |
| Long-term debt | $1.1B | $922M | $1.4B | $920M | $1.4B |
| Net cash (debt) | −$929M | −$776M | −$1.3B | −$703M | −$1.1B |
What C.H. Robinson says it does
Overview C.H. Robinson Worldwide, Inc. (“C.H. Robinson,” “the company,” “we,” “us,” or “our”) is one of the largest global logistics providers in the world, with consolidated total revenues of $16.2 billion in 2025. As a leader in Lean artificial intelligence (“AI”) supply chains, we deliver logistics like no one else. For more than a century, companies everywhere have looked to us to reimagine how goods move. We deliver tailored solutions across the world via truckload, less-than-truckload, ocean, air, and more. With our unique combination of human insight and Lean AI working as one, supply chains move faster, smarter, and more sustainably. Operating throughout North America, Europe, Asia, Oceania, South America, and the Middle East, we help ensure the seamless delivery of goods across industries and continents. Our global suite of multimodal logistics services brings together the expertise of our people with custom technology…