C.H. Robinson Worldwide, Inc. (CHRW) — Fundamental Analysis & Key Financial Ratios

Kaplio's reading: C.H. Robinson Worldwide, Inc.

Updated on October 31, 2026 · accounts published on October 28, 2026

A thin-margin business with high returns on capital and strong cash conversion

C.H. Robinson Worldwide trades at a P/E of 22.4, 13 % below its sector median, while EPS rose 25 % over the last 12 months despite lower revenue.

• Is C.H. Robinson Worldwide expensive or cheap? Its P/E of 22.4 sits 13 % below the sector median of 25.8 and just 1 % above its own ten-year median.
• How is the business doing? Revenue fell 8 % over the last 12 months, yet EPS rose 25 % on a 4.9 % operating margin that matches its 2014-2025 average.
• How strong is the balance sheet? Net debt was 1.7× EBITDA in fiscal 2025, well below the 3× healthy ceiling, and the dividend has risen five years running.
• What to expect from the next earnings? Results are due January 27, 2027, with EPS of $1.60 expected, after beating estimates in 8 of the last 8 quarters.
• Does it turn its margin into cash, and at what multiple of the cycle does it trade? Free cash flow was 152 % of net income in fiscal 2025, and EV/EBITDA of 17.3 is close to its seven-year average of 16.6.

Is C.H. Robinson Worldwide expensive or cheap?

C.H. Robinson Worldwide trades at a P/E of 22.4 over the last 12 months, 1 % above its ten-year median of 22.1 and far from the decade extremes of 9.7 and 51.6. It has traded at a lower multiple 52 % of the time, which puts today's price squarely in the middle of its own history. Against 297 sector peers it looks less demanding, since the sector median P/E is 25.8. EV/EBITDA of 17.3 sits close to its seven-year average of 16.6. The shares are down 19 % over the last 12 months while EPS rose 25 %, so the fall has brought the multiple back to its historical middle.

How is the business doing?

Over the last 12 months revenue fell 8.4 % while EPS climbed 25.1 %, so profit has grown without help from sales. The operating margin of 4.9 % is thin, but it matches fiscal 2025 and the 5.0 % average of 2014-2025: slim margins are its norm. Returns on capital are where it stands out. ROIC is 19.0 % over the last 12 months, 9.9 points above the sector median of 9.1 %, and it has stayed above 10 % in each of the last ten fiscal years. The weak spot is growth: revenue per share rose 2.5 % a year in 2020-2025, below the 6 % considered healthy in industrials.

How strong is the balance sheet?

Debt to equity of 1.36 over the last 12 months looks high, but equity is a small base here: price to book is 9.3 and ROE 39.6 %. Measured against earnings and the share price, the debt is modest. Net debt was $12.74 per share in fiscal 2025, 10 % of the current price and 1.7 times EBITDA, against a 3× ceiling for healthy industrials. The Altman Z of 9.2 sits deep in the safe zone and the current ratio is 1.34. Shareholders get a 2.0 % dividend yield, raised for five consecutive fiscal years, with a fiscal 2025 payout of 51 % of earnings.

What to expect from the next earnings?

On October 28, 2026, C.H. Robinson Worldwide reported EPS of $1.80 against $1.75 expected, a 2.9 % beat and its eighth in eight quarters. The $1.60 analysts expect for the next quarter is below that figure, so the bar for January 27, 2027 is set lower. Estimates are drifting up: the 2026 EPS consensus rose 1.2 % in the last 30 days, from $6.24 to $6.31, while the revenue consensus barely moved. That matches the past year, with earnings improving faster than sales. Of 46 analysts, 23 recommend buying, 19 holding and 4 selling.

Does it turn its margin into cash, and at what multiple of the cycle does it trade?

Industrials are semi-cyclical, so investors judge them on order books, operating margin and cash conversion: profits swing with the cycle, and cash shows whether earnings are real. C.H. Robinson Worldwide converts well. Free cash flow was 152.4 % of net income in fiscal 2025, against a healthy threshold of 85 %, and the free cash flow yield of 6.3 % beats the 4.1 % earnings yield. It fails the sector's 12 % operating margin test, and capex was 0.1 % of revenue in fiscal 2025, far below the usual 4 % to 8 %, so it reinvests very little. Its cycle-adjusted EV/EBITDA of 17.3 sits within 10 % of its seven-year average of 16.6, the band the sector treats as neutral.

How this was prepared: the data comes from companies' official filings, collected by a professional provider, and from Kaplio's analysis engine (trailing-12-month ratios, 10 years of history and sector medians computed across US-listed companies). The text is written from that data alone, every figure is checked against it before publication, and it is reviewed when the company reports results. This is not investment advice.