C. H. ROBINSON WORLDWIDE, INC. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data C. H. ROBINSON WORLDWIDE, INC. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	13,144	14,869	16,631	15,310	16,207	23,102	24,697	17,596	17,725	16,233
Cost of revenue	1,317	1,244
Gross profit	11,827	13,625
Operating income	838	775	912	790	673	1,082	1,267	515	669	795
Pre-tax income	812	728	880	742	628	1,022	1,167	409	579	722
Income tax	299	224	216	165	122	178	226	84.1	114	135
Net income	513	505	665	577	506	844	941	325	466	587
EBITDA	912	868	1,009	890	775	1,173	1,360	614	766	898
EPS, basic	3.60	3.59	4.78	4.21	3.74	6.37	7.48	2.74	3.89	4.88
EPS, diluted	3.59	3.57	4.73	4.19	3.72	6.31	7.40	2.72	3.86	4.83
Shares, basic (weighted)	143	141	139	137	136	132	126	119	120	120
Shares, diluted (weighted)	143	141	140	138	136	134	127	120	121	122
Dividend per share	1.74	1.81	1.88	2.01	2.04	2.08	2.26	2.44	2.46	2.49

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	248	334	379	448	244	257	217	146	146	161
Receivables	1,711	2,114	2,162	1,974	2,450	3,963	2,992	2,382	2,384	2,361
Other current assets	49.2	63.1	52.4	85	51.2	130	122	163	102	120
Total current assets	2,008	2,511	2,753	2,640	2,942	4,804	3,589	2,881	2,970	2,799
Property, plant and equipment	233	230	228	208	179	140	159	145	127	116
Lease right-of-use assets				311	320	293	372	354	335	278
Goodwill	1,233	1,276	1,259	1,292	1,487	1,485	1,471	1,474	1,429	1,458
Intangible assets	168	152	109	90.9	114	89.6	64	43.7	28.2	18.2
Other non-current assets	44.1	60.3	68.3	85.5	84.1	92.3	117	114	108	95.5
Total assets	3,688	4,236	4,427	4,641	5,144	7,028	5,955	5,225	5,298	5,058
Accounts payable	840	1,000	971	985	1,195	1,813	1,467	1,304	1,178	1,210
Accrued liabilities	98.1	105	154	113	138	201	243	135	181	189
Short-term debt	740	715	5	143	0	525	1,054	160	456	0
Total current liabilities	1,846	1,987	1,433	1,556	1,840	3,326	3,323	2,052	2,325	1,832
Long-term debt		750	1,341	1,092	1,093	1,394	920	1,420	922	1,089
Lease liabilities				259	269	241	314	298	291	234
Other non-current liabilities	0.22	0.6	0.43	0.27	14.5	0.32	1.93	2.07	2.44	1.43
Total liabilities	2,430	2,810	2,832	2,970	3,264	5,006	4,601	3,807	3,576	3,213
Total debt	500	1,465	1,346	1,235	1,093	1,919	1,974	1,580	1,378	1,089
Paid-in capital	419	444	521	547	566	674	743	754	775	734
Retained earnings	3,191	3,437	3,846	4,145	4,373	4,937	5,590	5,621	5,786	6,071
Treasury stock	-2,305	-2,451	-2,714	-2,958	-3,026	-3,540	-4,903	-4,887	-4,741	-4,894
Other comprehensive income	-61.4	-18.5	-71.9	-76.1	-46	-61.1	-88.9	-80.9	-110	-77.7
Shareholders' equity	1,258	1,426	1,595	1,671	1,880	2,022	1,353	1,419	1,722	1,846
Total equity	1,258	1,426	1,595	1,671	1,880	2,022	1,353	1,419	1,722	1,846
Total liabilities and equity	3,688	4,236	4,427	4,641	5,144	7,028	5,955	5,225	5,298	5,058
Shares outstanding	141	140	137	135	134	129	116	117	119	118

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	513	505	665	577	506	844	941	325	466	587
Depreciation and amortization	74.7	93	96.7	100	102	91.3	92.8	99	97.2	103
Stock-based compensation	37.6	41.8	87.8	39.1	44	130	90.7	58.2	84.6	80.1
Deferred income tax	15	-28.1	-15.3	-2.41	-37.9	-110	-57.6	-37.5	-78.3	8
Change in receivables	-173	-364	-190	208	-452	-1,548	924	607	-164	95.4
Change in payables	116	144	36.1	-18	180	660	-307	-201	-79.9	10.8
Cash from operations	529	384	793	835	499	95	1,650	732	509	915
Capital expenditures	-73.5	-40.1	-45	-36.3	-23.1	-34.2	-61.9	-30	-22.7	-19.6
Acquisitions	-220	-49.1	-5.32	-59.2	-223	-14.8	0	0	0	-11.9
Cash from investing	-313	-108	-72.8	-113	-272	-85.7	-64.9	-82.8	-74.3	-54.7
Debt issued	0	250	591	1,298	0	300	200	0	10	949
Debt repaid		0	0	-1,505	0	-2.05	0	0	-10	-1,211
Share buybacks	-173	-185	-301	-309	-178	-582	-1,460	-63.9	0	-355
Dividends paid	-245	-258	-265	-278	-210	-277	-285	-292	-295	-301
Cash from financing	-127	-202	-655	-651	-441	7.57	-1,620	-718	-416	-863
Exchange rate effect	-9.68	11.9	-20.2	-1.89	9.13	-3.24	-5.64	-3.28	-8.15	7.23
Net change in cash	79.4	86.2	44.7	69.2	-204	13.6	-39.9	-72	10.5	4.33
Free cash flow	456	344	748	799	476	60.8	1,588	702	486	895
Interest paid	28.9	37.9	47.5	50.9	47.5	51.4	71.6	92.6	86.1	63.2
Income taxes paid	269	263	216	219	93.1	227	429	156	132	95

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $147.10 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Operating margin	4.9%	Operating income / revenue.
EBITDA margin	5.5%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	4.6%	Pre-tax income / revenue.
Net margin	3.7%	Net income / revenue.
FCF margin	3.9%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	4.0%	Cash from operations / revenue.
Effective tax rate	18.4%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	38.9%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	10.8%	Net income / average total assets.
Return on invested capital (ROIC)	21.5%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue	0.5%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	0.1%	Capital expenditures / revenue.
D&A / revenue	0.6%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	-8.4%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	-13.1%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	0.0%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	18.8%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	-14.4%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	3.4%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	17.2%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	-12.9%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	3.0%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	26.1%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	-14.5%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	3.0%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	25.1%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	-13.3%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	5.4%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	79.6%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-17.9%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	12.9%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	84.0%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	-17.4%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	13.5%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	1.2%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	3.3%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	4.1%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	7.2%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	10.9%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	-0.4%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	-4.5%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-5.3%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	-0.3%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	0.7%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-1.5%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-2.3%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.58x	Current assets / current liabilities.
Quick ratio	1.43x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.07x	(Cash + short-term investments) / current liabilities.
Debt / equity	1.04x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	28.8%	Total debt / total assets.
Liabilities / assets	72.1%	Total liabilities / total assets.
Net debt	$1.53B	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	1.64x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Working capital	$1.31B	Current assets - current liabilities.
Goodwill and intangibles / assets	26.5%	(Goodwill + intangible assets) / total assets.
Tangible book value	$80.6M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	2.91x	Revenue / average total assets.
Fixed asset turnover	157x	Revenue / average property, plant and equipment.
Receivables turnover	5.56x	Revenue / average receivables.
Days sales outstanding	66 days	365 x average receivables / revenue.
FCF conversion	105.6%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	2.4%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$5.29	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$141.93	Revenue / diluted weighted shares.
FCF per share	$5.58	Free cash flow / diluted weighted shares.
Operating cash flow per share	$5.72	Cash from operations / diluted weighted shares.
Book value per share	$13.90	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$0.69	Tangible book value / shares outstanding.
Cash per share	$1.32	(Cash + short-term investments) / shares outstanding.
Payout ratio	47.9%	Dividends paid / net income, when net income is positive.
Dividends / FCF	45.4%	Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF	98.4%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$17.19B	Share price x shares outstanding.
Enterprise value	$18.72B	Market cap + total debt - cash - short-term investments.
P/E	27.1x	Market cap / net income. Only when net income is positive.
P/S	1.01x	Market cap / revenue.
P/B	10.6x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	213x	Market cap / tangible book value, when positive.
P/FCF	25.7x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	25.1x	Market cap / cash from operations, when positive.
EV/Sales	1.10x	Enterprise value / revenue.
EV/EBIT	22.5x	Enterprise value / operating income, when both are positive.
EV/EBITDA	20.1x	Enterprise value / EBITDA, when both are positive.
EV/FCF	28.0x	Enterprise value / free cash flow, when both are positive.
FCF yield	3.9%	Free cash flow / market cap.
Earnings yield	3.7%	Net income / market cap (the inverse of P/E).
Dividend yield	1.8%	Dividends paid over the period / market cap.
Shareholder yield	5.6%	(Dividends paid + share buybacks) / market cap.

What was C. H. ROBINSON WORLDWIDE, INC.'s revenue in fiscal 2025?

C. H. ROBINSON WORLDWIDE, INC. reported revenue of $16.23B for fiscal 2025, 8.4% lower than the year before.

Was C. H. ROBINSON WORLDWIDE, INC. profitable in fiscal 2025?

Yes. Net income was $587.1M, a net margin of 3.6%.

How much free cash flow did C. H. ROBINSON WORLDWIDE, INC. generate in fiscal 2025?

Cash from operations of $914.5M minus capital expenditures of $19.6M left free cash flow of $894.9M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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