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C.H. Robinson Worldwide (C.H. Robinson Worldwide) Gross Profit : $1,139 Mil (TTM As of Dec. 2023)


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What is C.H. Robinson Worldwide Gross Profit?

C.H. Robinson Worldwide's gross profit for the three months ended in Dec. 2023 was $257 Mil. C.H. Robinson Worldwide's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,139 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. C.H. Robinson Worldwide's gross profit for the three months ended in Dec. 2023 was $257 Mil. C.H. Robinson Worldwide's Revenue for the three months ended in Dec. 2023 was $4,222 Mil. Therefore, C.H. Robinson Worldwide's Gross Margin % for the quarter that ended in Dec. 2023 was 6.08%.

C.H. Robinson Worldwide had a gross margin of 6.08% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of C.H. Robinson Worldwide was 9.23%. The lowest was 6.47%. And the median was 7.96%.

Warning Sign:

C.H. Robinson Worldwide Inc gross margin has been in long-term decline. The average rate of decline per year is -4.3%.


C.H. Robinson Worldwide Gross Profit Historical Data

The historical data trend for C.H. Robinson Worldwide's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

C.H. Robinson Worldwide Gross Profit Chart

C.H. Robinson Worldwide Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,287.78 1,169.39 1,608.48 1,870.20 1,138.87

C.H. Robinson Worldwide Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 340.86 302.53 288.22 291.32 256.80

Competitive Comparison of C.H. Robinson Worldwide's Gross Profit

For the Integrated Freight & Logistics subindustry, C.H. Robinson Worldwide's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


C.H. Robinson Worldwide's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, C.H. Robinson Worldwide's Gross Profit distribution charts can be found below:

* The bar in red indicates where C.H. Robinson Worldwide's Gross Profit falls into.



C.H. Robinson Worldwide Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

C.H. Robinson Worldwide's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=17596.443 - 16457.57
=1,139

C.H. Robinson Worldwide's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=4221.887 - 3965.084
=257

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,139 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

C.H. Robinson Worldwide's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=257 / 4221.887
=6.08 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


C.H. Robinson Worldwide  (NAS:CHRW) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

C.H. Robinson Worldwide had a gross margin of 6.08% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


C.H. Robinson Worldwide Gross Profit Related Terms

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C.H. Robinson Worldwide (C.H. Robinson Worldwide) Business Description

Traded in Other Exchanges
Address
14701 Charlson Road, Eden Prairie, MN, USA, 55347-5088
C.H. Robinson is a top-tier non-asset-based third-party logistics provider with a significant focus on domestic freight brokerage (about 60% of 2022 net revenue), which reflects mostly truck brokerage but also rail intermodal. Additionally, the firm operates a large air and ocean forwarding division (30%), which has grown organically and via tuck-in acquisitions over the years. The remainder of revenue consists of the European truck-brokerage division, transportation management services, and a legacy produce-sourcing operation.
Executives
Winship Henry Ward Iv director PO BOX 8614, RANCHO SANTA FE CA 92067
David P Bozeman director, officer: President & CEO 100 NE ADAMS STREET, PEORIA IL 61629
Angela K. Freeman officer: Vice President-Human Resources 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55437
Michael John Short officer: President, Global Forwarding 14701 CHARLESON ROAD, EDEN PRAIRIE MN 55347
Mac S Pinkerton officer: Pres. of North America Trans. 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55330
James J. Barber director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Jordan T Kass officer: President, Managed Services 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347
Henry J Maier director 1000 FEDEX DRIVE, MOON TOWNSHIP PA 15108
Michael Paul Zechmeister officer: Chief Financial Officer C/O UNITED NATURAL FOODS, INC., 313 IRON HORSE WAY, PROVIDENCE RI 02908
Chris Obrien officer: Vice President 8100 MITCHELL RD, STE 200, EDEN PRAIRIE MN 55344
Michael D. Castagnetto officer: President of Robinson Fresh 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55437
Ben G Campbell officer: VP-General Counsel & Secretary 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55437
Biesterfeld Robert C Jr officer: President, N American Surface 14701 CHARLSON RD, EDEN PRAIRIE MN 55347
Mark A. Goodburn director 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347
Arun Rajan officer: Chief Product Officer 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347