Loading…
Third-party logistics broker arranging truckload, LTL and international freight transportation for shippers without owning trucks.
Third-party logistics broker arranging truckload, LTL and international freight transportation for shippers without owning trucks.
Charges shippers one price to move freight and pays independent trucking companies a lower one, keeping the spread, so profit depends on both the number of loads and the gap between them. It also handles ocean and air freight forwarding for international shipments. It has used automation to handle routine tasks with fewer people.
Moat: narrow (scale, data, network effects). Large carrier network and load-matching data/technology aid density, though brokerage is fairly competitive.
Headquarters: Eden Prairie, Minnesota, US · Founded: 1905 · Employees: 11,855
Size C.H. Robinson (CHRW) is a United States Industrials company (Air Freight/Couriers) with a market value of $14.5B, the 612th largest of 3,117 United States companies the cockpit tracks. Shares closed at $125.33 on 6 Nov 2026.
Performance Over six months the shares fell 26.6%, against -1.7% for the median peer and -1.1% for the United States market (cap-weighted) — 4th lowest of 20 in its peer set.
Growth Revenue grew 10.4% over the last twelve months (peer median +11.3%); the operating margin is 5.0% (peer median 5.1%).
Valuation It trades at 17.2× forward earnings against a peer median of 15.2× (6th most expensive of 18).
Price implies For today's price to make sense, revenue must grow about 9% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is +9 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 11.3 points above its cost of capital (9.1% WACC).
Credit C.H. Robinson has 1 bond outstanding ($600M), rated BBB+ by the agencies and trading like BBB- at a weighted spread of 96 bp.
Short interest Short interest is 5.0% of the free float (15 Oct 2026).
Next results Next results expected around 3 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $18.2B | $16.2B | $17.7B | $17.6B | $24.7B |
| Revenue growth | — | -8% | +1% | -29% | — |
| Gross profit | $1.48B | $1.36B | $1.33B | $1.16B | $1.87B |
| EBITDA | $1.01B | $899M | $856M | $652M | $1.36B |
| Net income | $669M | $587M | $466M | $325M | $941M |
| Free cash flow | $520M | $895M | $486M | $702M | $1.59B |
| Capital expenditure | $66.5M | $70.5M | $74.3M | $84.1M | $128M |
| Total debt | $2.15B | $1.40B | $1.74B | $1.95B | $2.36B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| C.H. Robinson CHRW | $14.5B | -27% | +10% | 5% | 17.2× | 9.2% |
| Expeditors International EXPD | $24.0B | +18% | +19% | 10% | 21.1× | 8.9% |
| J.B. Hunt JBHT | $20.3B | -11% | +11% | 7% | 24.3× | 16.8% |
| XPO XPO | $20.6B | -13% | +9% | 11% | 26.6× | 26.2% |
| Landstar System LSTR | $4.83B | -22% | +11% | 4% | 19.8× | 12.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CHRW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -11.3% | +5.4% | 2nd lowest of 21 |
| 6-month return | -26.6% | -1.7% | 4th lowest of 20 |
| Distance from 52-week high | -40.4% | -16.7% | 4th lowest of 21 |
| Revenue growth (TTM) | +10.4% | +11.3% | 10th lowest of 21 |
| Operating margin | 5.0% | 5.1% | 11th highest of 21 |
| Forward P/E | 17.2× | 15.2× | 6th most expensive of 18 |
| Growth the price implies (Req g, 7 yrs) | 9.2% | -1.6% | 3rd most demanding of 18 |
| Growth delivered (Del g) | 0.0% | +12.3% | 2nd lowest of 18 |
| Hurdle (Req g minus delivered) | +9.1 pp | -11.3 pp | most demanding of 18 |
| ROIC minus cost of capital | +11.3 pp | +4.3 pp | 4th highest of 21 |
| EV / EBITDA | 16.3× | 8.6× | 3rd most expensive of 11 |
| Net debt / EBITDA | 1.9× | 1.4× | 7th most indebted of 14 |
| Bond spread | 96 bp | 104 bp | 2nd tightest of 4 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| C.H. Robinson CHRW | United States | $14.5B | -27% | +10% | 5% | 17.2× | 9.2% | 0.0% |
| Grab GRAB | United States | $13.9B | -8% | +23% | 11% | 23.3× | 17.8% | +48.4% |
| Zto Express-w 2057.HK | Hong Kong | $15.6B | -19% | +21% | 20% | 10.2× | -1.6% | +13.5% |
| Delivery Hero SE TEMP DHE1.DE | Germany | $12.9B | n/a | +11% | 0% | n/a | n/a | n/a |
| Delivery Hero DHER.DE | Germany | $12.9B | +31% | +11% | 0% | n/a | n/a | n/a |
| J&T Global Express 1519.HK | Hong Kong | $11.9B | -2% | +32% | 6% | 18.6× | -3.8% | +51.4% |
| Hyundaiglovis 086280.KS | South Korea | $10.9B | -13% | +12% | 6% | 8.7× | -10.8% | +12.3% |
| Brambles BXB.AX | Australia | $20.4B | +2% | +1% | 17% | 20.8× | 8.9% | +8.3% |
| Ryder System R | United States | $10.2B | +11% | +3% | 8% | 15.2× | 7.9% | +8.5% |
| YTO Express 600233.SS | China | $9.63B | -13% | +8% | 9% | 10.3× | -12.2% | +16.6% |
| Jd Logistics 2618.HK | Hong Kong | $9.10B | -29% | +29% | 3% | 6.9× | -0.4% | +23.4% |
| S.F 002352.SZ | China | $23.9B | -7% | +6% | 5% | 15.9× | -12.9% | +14.9% |
| S.F 6936.HK | Hong Kong | $23.9B | -12% | +11% | 5% | 12.5× | -11.4% | +14.1% |
| Expeditors International EXPD | United States | $24.0B | +18% | +19% | 10% | 21.1× | 8.9% | +2.9% |
| Nippon Express Hldgs 9147.T | Japan | $8.22B | +35% | +2% | 3% | 17.6× | 7.9% | +4.4% |
| Yunnan Yuntianhua 600096.SS | China | $7.17B | -28% | -19% | 11% | 9.3× | -1.7% | -1.5% |
| Sinotrans 601598.SS | China | $6.74B | +18% | -1% | 0% | 14.8× | 4.3% | +2.7% |
| GXO Logistics GXO | United States | $6.33B | +7% | +7% | 3% | 16.0× | 20.2% | +16.3% |
| Swiggy SWIGGY.NS | India | $5.61B | -32% | +42% | -15% | n/a | n/a | n/a |
| SG Holdings Co., Ltd. 9143.T | Japan | $5.56B | +1% | +14% | 5% | 14.0× | -2.6% | +4.6% |
| Logista Integral LOG.MC | Spain | $5.42B | +15% | +4% | 2% | 15.8× | -5.9% | +5.4% |
C.H. Robinson has 1 bond outstanding with $600M face value. The agencies rate it BBB+; its bonds trade like BBB-. Weighted yield 5.33%, a spread of 96 bp over government bonds.