C.H. Robinson Worldwide, Inc. (CHRW)
Fair bewertetFundamental
61
Kurs
$147.96
Marktkapitalisierung
$17.08B
Teil 1 · Was das Unternehmen wert ist
Übersicht
C.H. Robinson arranges the movement of other companies' freight without owning any trucks, ships or planes itself. It matches shippers who need cargo moved with a network of independent carriers, handling booking, pricing, paperwork and tracking in between, and earns the spread between what it charges shippers and what it pays carriers. Most of its business is trucking within North America, with a smaller international ocean and air freight arm.
Wie das Geld verdient wird
Revenue is the total price charged to shippers for arranging their freight, but profitability comes from the gross margin between that price and what C.H. Robinson pays the carrier — a spread that widens when trucking capacity is tight and narrows when there are more trucks chasing loads than freight to move. Because it owns no transportation assets, its costs scale with volume rather than with fixed fleet ownership, but its margins ride the freight market's boom-and-bust cycle.
Umsatz nach Segment
Truckload, less-than-truckload and intermodal freight brokerage across the United States, Canada and Mexico, the company's core business.
International ocean and air freight forwarding, including customs brokerage, for shippers moving goods across borders.
Smaller businesses including produce sourcing and managed transportation services that fall outside the two core segments.
Wettbewerbsvorteil
Netzwerkeffekte · SchmalA large base of both shippers and carriers gives C.H. Robinson more freight to match and more capacity to draw on than a smaller broker, which can mean better pricing and reliability for both sides. The advantage is narrow because freight brokerage has low barriers to entry and is increasingly contested by digital freight-matching platforms that compete on the same basic function.
Was die Nachfrage antreibt
ZyklischFreight volumes move closely with industrial production, retail sales and global trade, so spot rates and margins compress in an economic downturn and expand when the economy and trade are strong. The business is a fairly direct read on broader economic activity rather than a source of steady, non-discretionary demand.
Wichtigste Risiken
- Freight market cyclicality — Freight demand tends to move with industrial production, retail sales and global trade; volumes and spot rates fall in a downturn, compressing the spread the company earns between shipper and carrier pricing.
- Dependence on third-party carriers — The company owns no trucks, ships or planes and relies on independent carriers for capacity; an inability to secure enough capacity can push customers toward competitors.
- Technology disruption — Digital freight-matching platforms and automated routing tools can intensify competition and pressure the fees C.H. Robinson earns for the same brokerage function.
- International and trade-policy exposure — The Global Forwarding business is exposed to shifts in trade policy, tariffs and geopolitical disruption to shipping routes, and the company recently exited its Europe Surface Transportation business, reflecting ongoing portfolio adjustments abroad.
Kundenkonzentration
Die größten Kunden machen 2 % des Umsatzes aus
The company states its largest customer accounted for approximately 2% of 2025 consolidated total revenues, out of roughly 75,000 customers served — an unusually low concentration for the industry.
Die Argumente dafür
Buyers argue that an unusually diversified customer base, with no single client above roughly 2% of revenue, and a large carrier network give C.H. Robinson resilience and pricing flexibility that smaller brokers lack, positioning it to gain share as freight volumes recover.
Die Argumente dagegen
Sellers fear that freight brokerage has low barriers to entry and is being reshaped by digital freight-matching technology that erodes the value of a traditional broker's network, while the business remains exposed to the full swing of the freight cycle.
Written by the editors, published on 18. August 2026
Direct competitors
Who this company fights with for the same customers
Generated on 18. September 2026 with claude-haiku-4-5 — shared with all users
Landstar brokers North American truckload and flatbed freight through an agent and owner-operator network, selling to the same shippers that buy C.H. Robinson's non-asset truckload capacity.
J.B. Hunt's Integrated Capacity Solutions brokerage and its intermodal offering compete for the same North American truckload and intermodal volumes that C.H. Robinson moves for shippers.
Expeditors is a non-asset ocean and air freight forwarder with customs brokerage, competing directly with C.H. Robinson's Global Forwarding segment for international shipments from the same multinational customers.
RXO is a pure-play North American truckload freight broker that bids for the same shipper contracts and the same carrier capacity as C.H. Robinson's NAST segment, and names C.H. Robinson first among its competitors.
TQL is the largest privately held U.S. truckload broker and competes head-to-head with C.H. Robinson for spot and contract truckload freight from the same mid-market and enterprise shippers.
DSV is a global asset-light forwarder in air, ocean and road freight that bids for the same international freight and customs tenders as C.H. Robinson's Global Forwarding business, especially in Europe and Asia.
Bilanz & Liquidität
Umsatz
$17.00B
Letzte 12 Monate (bis 30.6.2026)
Nettogewinn
$633M
Letzte 12 Monate (bis 30.6.2026)
Freier Cashflow
$895M
Gesamtes Eigenkapital
$1.85B
Gesamtverbindlichkeiten
$3.21B
Current Ratio
1.58
Zinsdeckungsgrad
-
Schulden/EBITDA
2.20
Gewinn je Aktie
Umsatz & Nettogewinn
Freier Cashflow
Ertragsaufschlüsselung
Historische Aufstellung
Margen im Zeitverlauf
Verschuldung im Zeitverlauf
Wie schwer die Schulden wiegen
Wachstumsraster
Wachstum — Umsatz
Innerer-Wert-Schätzung
Innerer Wert
$162.53
Aktueller Kurs
$147.96
Sicherheitsmarge
+9.0%
Innerer-Wert-Spanne
$105.64 - $219.42
Streubreite zwischen den verwendeten Bewertungsmethoden, kein statistisch kalibriertes Konfidenzintervall.
Bewertungsmethoden
Bewertungskennzahlen
P/E-Verhältnis
28.24
ROE
31.8%
P/B-Verhältnis
10.62
P/FCF
25.85
Bruttomarge
-
ROIC
18.3%
Rentabilitäts-Radar
Wertschöpfung (Wettbewerbsvorteil)
ROIC
18.3%
WACC
8.7%
ROIC − WACC
+9.7 pp
Der ROIC übersteigt die Kapitalkosten: Das Unternehmen schafft Wert für die Aktionäre.
Fundamentalanalyse-Kriterien
Bestanden (18)
- EPS shows upward trend
- EPS CAGR 5.44%
- Price CAGR 7.41%
- ROIC 18.3%
- P/FCF 25.85
- Debt/Equity ratio
- Positive Free Cash Flow
- CapEx intensity
- Current Ratio
- Debt/EBITDA
- Return on Tangible Assets
- ROE 36.0%
- Analyst Consensus 72% Buy
- Earnings Surprise avg 5.9%
- Earnings Quality (OCF/NI) 1.08
- Share Dilution 0.7%
- Net Margin Trend 3.7% vs 3.1%
- Piotroski F-Score 7/9
Nicht bestanden (7)
- P/B Ratio 10.62
- Operating Margin 4.9%
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Overvalued)
- Revenue Growth 5Y 0.0%
- PEG Ratio 5.10
Nicht verfügbar (3)
- Gross Margin NaN%
- Dividend Payout NaN%
- Interest Coverage
Piotroski F-Score
Starke finanzielle Gesundheit
Gewinnqualität
Hohe Qualität: Gewinne durch Cashflow gedeckt
Aktienverwässerung
Aktienanzahl ist stabil
Institutionelle Beteiligungen
Unternehmensführung
Führungsteam
| Name | Position | Alter |
|---|---|---|
| Mr. David P. Bozeman | President, CEO & Director | 57 |
| Mr. Damon J. Lee | Chief Financial Officer | 47 |
| Ms. Dorothy G. Capers | Chief Legal Officer & Corporate Secretary | 63 |
| Mr. Michael J. Short | President of Global Freight Forwarding | 55 |
| Mr. Arun D. Rajan | Chief Strategy & Innovation Officer | 56 |
| Mr. Michael W. Neill | Chief Technology Officer | 53 |
| Mr. Charles S. Ives | Senior Director of Investor Relations | 53 |
| Mr. Duncan Burns | Chief Communications & Marketing Officer | 48 |
| Ms. Angela K. Freeman | Chief Human Resources & ESG Officer | 57 |
| Mr. Jordan T. Kass | President of Managed Services | 52 |
Prüfungsrisiko
1
Vorstandsrisiko
3
Vergütungsrisiko
7
Aktionärsrechterisiko
8
Teil 2 · Der Preis und der Einstiegszeitpunkt
Dieser Teil sagt nicht, ob das Unternehmen etwas taugt: Er hilft bei der Wahl des Kaufzeitpunkts, nachdem die Fundamentaldaten überzeugt haben. Enthalten: technische Analyse, Potenzial, historische Drawdowns, Gamma-Exposure.
Dokumente
- Dokument ansehen
Jahresbericht (10-K)
Ein jährlicher Überblick über das Geschäft, die Finanzergebnisse und die Risiken des Unternehmens.
Eingereicht am 2026-02-13
- Dokument ansehen
Quartalsbericht (10-Q)
Ein Update zur finanziellen Entwicklung der letzten drei Monate.
Eingereicht am 2026-07-31
- Dokument ansehen
Ad-hoc-Meldung (8-K)
Eine Mitteilung über ein wichtiges Ereignis, etwa einen Führungswechsel oder eine bedeutende Ankündigung.
Eingereicht am 2026-07-29
via SEC EDGAR
Ertragshistorie
via SEC EDGAR
Latest News
Recent headlines for CHRW, sourced from Markets Gazette.
- 7/14/2026POSITIVEThe secrets of an unheralded AI success story
Logistics giant C.H. Robinson has achieved a remarkable 45% productivity increase through the strategic deployment of AI agents, according to CEO Dave Bozeman. This significant operational improvement demonstrates a clear return on investment (ROI) from artificial intelligence initiatives within the company. The success highlights how AI can be effectively integrated into traditional industries like logistics to drive substantial efficiency gains, potentially setting a new benchmark for the sector and signaling strong future performance for C.H. Robinson.
- 7/6/2026POSITIVEC.H. Robinson’s CEO is running his AI transformation on Lean principles: ‘It’s been a game-changer for this company’
C.H. Robinson Worldwide, Inc. is implementing Lean principles to drive its AI transformation, a strategy described as a 'game-changer' by its CEO. This approach focuses on efficiency and continuous improvement, aiming to optimize processes and resource allocation within the company's artificial intelligence initiatives. By integrating Lean methodologies, C.H. Robinson seeks to enhance the effectiveness and speed of its AI development and deployment, potentially leading to significant operational advantages and competitive differentiation in the logistics sector. Investors may view this strategic focus on operational excellence within AI as a positive indicator for future growth and profitability.
via Markets Gazette