# C.H. Robinson Worldwide, Inc. (CHRW)

> Source: Nexqual · https://nexqual.com/CHRW · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, C.H. Robinson Worldwide, Inc. (CHRW), nexqual.com/CHRW" · informational, not investment advice.

**Price:** USD 142.31 (+0.96% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 140.95 · day 140.03–143.23 · 52w 125.35–210.33 · market cap $16.6B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $17.0B, net income $633M (3.7% margin), free cash flow $669M (SEC filings).
- Valuation: P/E 26.2x (avg 30.6x at the last 3 fiscal year-ends), EV/EBITDA 19.4x, net debt $1.53B.
- 2 of 80 tracked superinvestors hold CHRW (13F, Q2 2026): 0 new, 0 added, 2 reduced, 0 unchanged.
- Analysts: Buy (mean 2.04 on a 1–5 scale) (23 analysts), mean target USD 192.13 (range 131–235).
- Total return with dividends: 1Y +15.2% vs S&P 500 +14.9%; 5Y +59.9% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 1.75, revenue estimate $4.91B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $23.1B | $24.7B | $17.6B | $17.7B | $16.2B | $17.0B |
| Operating income | $1.08B | $1.27B | $515M | $669M | $795M | $834M |
| Net income | $844M | $941M | $325M | $466M | $587M | $633M |
| EPS (diluted) | $6.31 | $7.40 | $2.72 | $3.86 | $4.83 | — |
| Free cash flow | $60.8M | $1.59B | $702M | $486M | $895M | $669M |
| Operating margin | 4.7% | 5.1% | 2.9% | 3.8% | 4.9% | 4.9% |
| Net margin | 3.7% | 3.8% | 1.8% | 2.6% | 3.6% | 3.7% |
| Revenue growth | +42.5% | +6.9% | -28.7% | +0.7% | -8.4% | — |
| Cash + short-term investments | $257M | $217M | $146M | $146M | $161M | — |
| Total debt | $1.92B | $1.97B | $1.58B | $1.38B | $1.09B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 26.2x · P/S 1.0x · EV/EBITDA 19.4x · EV/Sales 1.1x · P/FCF 24.8x · P/B 10.2x · FCF yield 4.03% · Earnings yield 3.82% · Dividend yield (paid, TTM) 1.83% · Buyback yield (TTM) 3.96% · Net debt $1.53B · EV $18.1B
P/E at fiscal year-ends: Dec 2025 33.3x, Dec 2024 26.8x, Dec 2023 31.8x.

## Superinvestors (SEC 13F-HR, Q2 2026)
2 of 80 tracked investors hold CHRW. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Mairs & Power | Mairs & Power Funds | 1.33% | $145M | Reduced -9.1% |
| First Eagle Investment | First Eagle Investment Management | 1.15% | $686M | Reduced -36.4% |

## Analysts
Consensus Buy (mean 2.04 on a 1–5 scale), 23 analysts; mean target USD 192.13 (low 131, high 235).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-16 | BMO Capital | Target lowered | Market Perform | $190 → $160 |
| 2026-10-07 | Truist Securities | Target lowered | Buy | $215 → $200 |
| 2026-10-06 | Evercore ISI Group | Target lowered | Outperform | $237 → $217 |
| 2026-10-05 | JP Morgan | Target lowered | Overweight | $225 → $198 |
| 2026-09-08 | Citigroup | Upgrade | Neutral → Buy | $196 → $185 |
| 2026-08-11 | Bernstein | Target lowered | Market Perform | $153 → $151 |
| 2026-07-31 | Citigroup | Target lowered | Neutral | $204 → $196 |
| 2026-07-31 | Stifel | Target raised | Buy | $215 → $225 |
| 2026-07-30 | TD Cowen | Target lowered | Hold | $155 → $152 |
| 2026-07-30 | Stephens & Co. | Target lowered | Overweight | $225 → $215 |
| 2026-07-30 | Evercore ISI Group | Target raised | Outperform | $224 → $237 |
| 2026-07-28 | TD Cowen | Target lowered | Hold | $200 → $155 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +15.2% | +59.9% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +15.3% | +9.8% |
| Volatility (annualized) | 46.8% | 33.5% |
| Max drawdown | -35.2% (Jul 2026→Oct 2026) | -37.3% (Aug 2022→Apr 2024) |

## Peers (Integrated Freight & Logistics)
FDXF (FedEx Freight Holding Company, ) USD 111.02 +2.84% · ZTO (ZTO Express (Cayman) Inc.) USD 20.06 +0.96% · JBHT (J.B. Hunt Transport Services, I) USD 230.59 +0.87% · EXPD (Expeditors International of Was) USD 196.19 -0.42% · LSTR (Landstar System, Inc.) USD 169.39 -1.10% · GXO (GXO Logistics, Inc.) USD 48.91 +0.99%

## More
Full page: https://nexqual.com/CHRW · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY | Operating income | Op. margin |
|---|---|---|---|---|---|
| NAST | $3.59B | 72.8% | +23.1% | $189.8M | 5.3% |
| Global Forwarding | $896.6M | 18.2% | +12.4% | $61.0M | 6.8% |
| Total revenue | $4.93B | 100% | — | $255.7M | 5.2% |
The lines above cover 91% of total revenue.

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Transportation and logistics services | $4.52B | 91.7% | +20.8% |
| Sourcing | $409.3M | 8.3% | +5.0% |
| Total revenue | $4.93B | 100% | — |

## Revenue by region (fiscal year ended 2025-12-31)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| United States | $14.34B | 88.3% | -3.6% |
| Non Us | $1.89B | 11.7% | -33.6% |
| Total revenue | $16.23B | 100% | — |

## Company outlook (8-K filed 2026-07-29)

- "For 2026, we expect our full-year effective tax rate to be 18% to 20%."
- "Capital expenditures for 2026 are expected to be $65 million to $75 million. 8 About C.H."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $1.75 | $1.71 | +1.9% | $4.91B | 23 |
| Next quarter (ends 2026-12-31) | $1.61 | $1.60 | +0.8% | $4.53B | 24 |
| Current fiscal year (ends 2026-12-31) | $6.31 | $6.17 | +2.2% | $18.41B | 25 |
| Next fiscal year (ends 2027-12-31) | $7.50 | $7.45 | +0.7% | $19.68B | 24 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-10-28): ±11.0%; last 8 reports averaged ±9.5%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 48.9% | ±11.0% |
| 2026-12-18 | 56 | 43.2% | ±13.6% |
| 2027-01-15 | 84 | 40.0% | ±15.3% |
| 2027-02-19 | 119 | 41.6% | ±18.8% |
| 2027-04-16 | 175 | 39.2% | ±21.4% |
| 2027-05-21 | 210 | 40.5% | ±24.1% |
| 2027-07-16 | 266 | 38.9% | ±25.8% |
| 2027-10-15 | 357 | 39.1% | ±29.9% |