At a glance
CH Robinson Worldwide Inc is worth $14.92B, about 27 times its fiscal 2025 earnings. Revenue fell 8.4% to $16.23B in fiscal 2025, with 3.6% kept as profit; over 5 years it has grown 0.0% a year. It pays a 1.96% dividend yield, raised every year for at least 9 years, and returned $3.91B to shareholders in dividends and buybacks over FY2021–FY2025. The stock returned −15.1% over the past year with dividends reinvested and +8.9% a year over five years, against +11.5% and +11.7% for the S&P 500. At its worst it fell 19.0% in the 2020 crash (S&P 500: 33.7%) and 21.0% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 2 months and 26 months after the lows.
The business in plain English
C.H. Robinson is one of the world's largest logistics companies. It arranges the movement of other businesses' freight by truck, rail, ocean and air, but it relies on independent carriers for the equipment and does not employ the drivers. Its own technology, including the Navisphere platform, connects about 75,000 customers with about 450,000 contract carriers. In 2025 it managed roughly 37 million shipments and $23 billion of freight, and total revenue was $16.2 billion.
Its profit comes from the gap between what it charges customers and what it pays carriers. Most customer rate contracts last a year or less. It buys most truckload capacity on the spot market, meaning at day-to-day prices, so that gap can change quickly. It also earns fees for customs brokerage, warehousing and running other companies' shipping through Managed Solutions. Transportation services produced about 95% of 2025 adjusted gross profit, which is revenue minus what it pays for freight and products.
North American Surface Transportation brought in 71.2% of 2025 revenue. This segment is mainly truckload and less-than-truckload brokerage in the U.S., Canada and Mexico. Less-than-truckload means smaller loads that share a truck. Global Forwarding, which arranges ocean and air freight and customs clearance, brought in 19%. Robinson Fresh, which buys and sells fresh fruit and vegetables, supplied 8.7%. About 88.3% of revenue came from the U.S.
Price history
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CHRW -15.1% over the year to Nov 2, 2026, total return with dividends reinvested.
How it makes money
By product or service
| Transportation | $14.82B | 91.3% |
| Sourcing | $1.41B | 8.7% |
By business segment
| NAST | $11.56B | 71.2% |
| Global Forwarding | $3.09B | 19% |
By geography
| U.S. | $14.34B | 88.3% |
| Other locations | $1.89B | 11.7% |
Latest results
- In Q3 FY2026 (ended Sep 30, 2026), revenue was $5.36B, up 29.5% from a year earlier, and net income was $198.5M (+21.8%).
- For fiscal 2025, revenue was $16.23B (-8.4% year over year; 0.0% a year from FY2020 to FY2025) with a 3.6% net margin.
Financial health check
| Revenue growth a year (FY2020–FY2025) | 0.0% watch |
|---|---|
| Operating margin | 4.9% weak |
| Free cash flow margin | 5.5% watch |
| Return on equity (FY2025) | 31.8% good |
| Return on assets (FY2025) | 11.6% good |
| Net cash (cash minus debt) | $-1.68B weak |
| Fiscal year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2020 | $16.21B | $506.4M | $476.1M |
| FY2021 | $23.10B | $844.2M | $60.8M |
| FY2022 | $24.70B | $940.5M | $1.59B |
| FY2023 | $17.60B | $325.1M | $702.0M |
| FY2024 | $17.72B | $465.7M | $486.4M |
| FY2025 | $16.23B | $587.1M | $894.9M |
Valuation snapshot
| Market value | $14.92B |
|---|---|
| P/E ratio | 26.6 |
| Dividend yield | 1.96% |
Rank among 1514 US companies
Market value at each year end
CH Robinson Worldwide’s market value went from $10.37B at the end of 2016 to $14.92B on Nov 2, 2026, up 44%; since the end of 2025 it is down 21%.
Show as a table
| Year end | Market value | Change |
|---|---|---|
| Nov 2, 2026 | $14.92B | -21.4% |
| 2025 | $18.99B | +55.5% |
| 2024 | $12.21B | +21.2% |
| 2023 | $10.08B | -6.5% |
| 2022 | $10.78B | -23.0% |
| 2021 | $13.99B | +9.6% |
| 2020 | $12.76B | +20.7% |
| 2019 | $10.58B | -8.5% |
| 2018 | $11.56B | -6.9% |
| 2017 | $12.42B | +19.7% |
| 2016 | $10.37B |
Price behavior
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | |
|---|---|---|---|---|---|
| CHRW price data to Nov 2, 2026 | -19.0% | -15.1% | +19.1% | +8.9% | +9.0% |
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | -19.0% |
| 2025 | +59.0% |
| 2024 | +22.9% |
| 2023 | -3.1% |
| 2022 | -13.1% |
| 2021 | +17.8% |
| 2020 | +23.0% |
| 2019 | -4.7% |
| 2018 | -3.6% |
| 2017 | +24.5% |
| 2016 | +21.0% |
| 2015 | -15.2% |
| 2014 | +31.3% |
| 2013 | -5.4% |
| 2012 | -7.4% |
| 2011 | -11.5% |
| 2010 | +38.8% |
| 2009 | +8.8% |
| 2008 | +3.4% |
| 2007 | +34.3% |
| 2006 | +11.9% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Lost 27% over that stretch · deepest drop along the way 42.4%, back to its old high 16.6 months after the low |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 13.3% over that stretch · deepest drop along the way 19%, back to its old high 2 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 11.1% over that stretch · deepest drop along the way 21%, back to its old high 26.1 months after the low |
Insider activity
Form 4 filings from 2025-10-31 to 2026-10-31 (25 read): 2 open-market purchases ($300K) and 0 sales ($0.00).
| Date | Insider | Type | Value |
|---|---|---|---|
| Feb 12, 2026 | David P Bozeman President & CEO, Director | buy | $200K |
| Feb 12, 2026 | Michael D. Castagnetto Pres, NAST | buy | $100K |
Who owns it
Large shareholders (13G filings)
| BlackRock, Inc. | 8.9% | Jun 30, 2026 |
| Vanguard Capital Management | 7.4% | Mar 31, 2026 |
| Vanguard Portfolio Management | 5.09% | Mar 31, 2026 |
| First Eagle Investment Management, LLC | 4.9% | Mar 31, 2026 |
| Wellington Management Group LLP | 4.6% | Dec 31, 2025 |
ETFs with the most weight in CHRW
| AIRR First Trust RBA American Industrial Renaissance ETF | 3.28% |
| SUPL ProShares Supply Chain Logistics ETF | 2.9% |
| RISN Inspire Tactical Balanced ETF | 2.68% |
| XTN SPDR S&P Transportation ETF | 2.6% |
| IYT iShares US Transportation ETF | 2.14% |
| KNG FT Vest S&P 500 Dividend Aristocrats Target Income ETF | 1.31% |
| NOBL ProShares S&P 500 Dividend Aristocrats ETF | 1.3% |
| DSMC Distillate Small/Mid Cash Flow ETF | 1.06% |
What could go wrong
- Squeezed between carriers and customers. If carrier prices rise faster than it can raise its own, profit per shipment shrinks. When fixed contract rates fall below market rates, it may have to move freight at a loss.
- Relies on carriers it doesn't control. It does not employ the drivers who move its customers' freight. Driver or equipment shortages, or carriers failing to deliver, could leave it short of capacity and push customers to competitors.
- Freight demand swings with the economy. Freight demand rises and falls with the economy and trade policy, including tariffs. Revenue fell from $24.7 billion in 2022 to $17.6 billion in 2023, and much of its freight is spot-market business.
- A few large customers carry weight. A significant portion of revenue and adjusted gross profit comes from its largest customers. Losing one, or seeing one ship less, could noticeably hurt results.
- Competition and automation pressure. Logistics is crowded, and the company names technological disruption and wider use of automation as competitive threats. Rivals with better or cheaper technology could win customers or force lower prices.
- Debt far exceeds cash on hand. Total debt was about $1.69 billion against about $155 million of cash as of June 30, 2026. Debt costs can rise with interest rates and limit flexibility in a downturn.
Recent events
- Major agreement signed; Quarterly results released
- Major agreement signed; Investor presentation or announcement
- Quarterly results released
- Investor presentation or announcement
- Executive or board change
- Shareholder vote results
- Quarterly results released
- Quarterly results released
For income and retirement investors
C.H. Robinson has raised its regular dividend in every fiscal year from 2016 through 2025. That is at least nine straight increases, and the true streak may be longer. Dividends per share grew from $2.04 in 2020 to $2.49 in 2025, about 4.1% a year. In fiscal 2025 the dividend took 51.3% of earnings and 33.7% of free cash flow (cash left after running and investing in the business). The yield was 1.97% as of October 28, 2026. Buybacks totaled about $2.46 billion over fiscal 2021–2025, with none in 2024.
The share price has swung widely. It fell 42.4% in the 2008 financial crisis and took about 17 months from the March 2009 low to recover. In the 2022 bear market it fell 21% and needed about 26 months to recover. Its largest drop in the year to October 28, 2026 was 38.8%. Single stocks carry more risk than diversified funds.
Questions investors ask
How does C.H. Robinson make money?
C.H. Robinson earns the gap between what it charges shippers and what it pays the truckers, railroads, and ocean and air carriers that move the freight. It does not employ the drivers. Its technology links 75,000 customers with 450,000 contract carriers, and it handled about 37 million shipments in 2025. Revenue was $16.2 billion that year. North American trucking (the North American Surface Transportation segment) brought in 71% of revenue, and international ocean and air forwarding brought in 19%. Fresh-produce sourcing, sold as Robinson Fresh, added about 9%.
Does C.H. Robinson raise its dividend every year?
Yes. The regular dividend rose every fiscal year from 2016 through 2025. That is a streak of at least nine annual increases, and it may be longer. The raises have been modest. The dividend went from $2.04 per share in 2020 to $2.49 in 2025, or about 4.1% a year, and the 2025 step was only from $2.46. Dividends paid in 2025 equaled about 51% of earnings and 34% of free cash flow (cash left after running and investing in the business). The yield was 1.98% as of October 29, 2026.
How volatile is CHRW stock?
Its price can swing sharply. As of October 29, 2026, the shares were down 19.8% year to date and 26.3% over three months, after a 59% gain in 2025. The deepest fall over the past year was 38.9%. In the 2008 crisis the stock dropped 42.4% and recovered 16.6 months after hitting bottom. After the 2022 bear market, it needed 26.1 months from its low to recover. Its beta (a gauge of how closely a stock follows the market) was just 0.47. So its swings come mostly from its own business and freight demand.
What is C.H. Robinson's P/E ratio?
C.H. Robinson's price-to-earnings (P/E) ratio was 26.4 as of October 29, 2026, based on 2025 earnings of $4.83 per share. The P/E is the share price divided by a year's earnings per share. Earnings have climbed back from $2.72 in 2023 and $3.86 in 2024. In the quarter ended June 30, 2026, net income rose 22.5% and revenue rose 19.3% from a year earlier. Still, profits swing with freight demand: earnings per share peaked at $7.40 in 2022. The company's market value was about $14.9 billion.
How much debt does C.H. Robinson have?
About $1.69 billion of total debt as of June 30, 2026, against $155 million of cash and investments. That left net debt of about $1.53 billion. Total debt was slightly more than shareholders' equity (assets minus liabilities) of $1.63 billion. The company has still returned a lot of cash. From 2021 through 2025 it spent about $2.46 billion repurchasing shares and $1.45 billion on dividends. Its share count fell about 10% between October 2021 and July 2026. Its 10-K annual report lists debt and changing interest rates as risks.