Skip to Content
Morningstar
Get 14 Days Free

C.H. Robinson Worldwide Inc CHRW

Morningstar Rating
Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

C.H. Robinson’s Q1 Enjoys Tailwinds From Rising Contract Pricing; Operating Margins Healthy

Matthew Young, CFA Equity Analyst

Analyst Note

| Matthew Young, CFA |

Wide-moat logistics specialist C.H. Robinson posted solid 26% first-quarter gross revenue growth year over year (versus 20% last quarter); above our forecast on very strong pricing in the truck brokerage and global forwarding segments. In truck brokerage (NAST), gross revenue grew 14% on increased truckload spot and contract pricing and 15% LTL load growth. Global forwarding revenue more than doubled on surging sell-rates (tight air cargo capacity) and air and ocean volume gains driven by strength among retail end markets.   

Read Full Analysis

Company Profile

Business Description

C.H. Robinson is a top-tier non-asset-based third-party logistics provider with a significant focus on domestic freight brokerage (63% of 2020 net revenue), which reflects mostly truck brokerage but also rail intermodal. Additionally, the firm also operates a large air and ocean forwarding division (24%), which has grown organically and via acquisition, and a legacy produce-sourcing operation (8%). The remainder of net revenue reflects transportation management services and the firm's European truck brokerage operations.

Contact
14701 Charlson Road
Eden Prairie, MN, 55347-5088
T +1 952 937-8500
Sector Industrials
Industry Integrated Freight & Logistics
Most Recent Earnings Mar 31, 2021
Fiscal Year End Dec 31, 2020
Stock Type Cyclical
Employees 14,997

Related

Our Picks
10 Stocks Buffett Might Buy, if He Could
The investing legend might take an interest in these high-quality firms if Berkshire were nimble enough.
Karen Wallace
Our Picks
8 Sturdy Dividend Stocks
We think the payouts on these undervalued names are sustainable.
Susan Dziubinski
US Videos
What We See Around the Bend for 3 Logistics Providers
Investors should stay tuned for attractive entry points for these high-quality logistics stocks.
Matthew Young
Stock Strategist
Uber's IPO Looks Attractive
We still value the narrow-moat company at $58 per share, as Uber Eats is outperforming our expectations.
Ali Mogharabi
US Videos
A Look Back and Forward in Trucking
What we saw in 2018, and what we expect in 2019.
Matthew Young
Premium Article
These Wide-Moat Stocks May Be Worth Paying More For
Several cases can be made for buying what seem to be fairly valued high-quality stocks.
Susan Dziubinski
Premium Article
These Wide-Moat Stocks Have an Added Advantage
These 27 companies have network effect as a moat source--and that's been a plus.
Susan Dziubinski
Stock Strategist
Uber May Pick Up Investors in Its IPO
The ridesharing pioneer is likely to maintain its competitive advantage via its network effect.
Ali Mogharabi
Stock Strategist Industry Reports
How Blockchain Affects Our Coverage
We believe companies with moats from switching costs and intangible assets are less vulnerable.
Jim Sinegal
Stock Strategist Industry Reports
How Is Blockchain Used?
Financial transactions are the most obvious application, but there are other opportunities as well.
Jim Sinegal
Stock Strategist Industry Reports
Will Digital Freight Apps Kill Truck Brokers?
Some mobile tech marketplaces will gain traction, but stealing freight from traditional providers will be a challenge.
Matthew Young
Our Picks
6 New Stocks in the Wide Moat Focus Index
The Morningstar Wide Moat Focus Index adds some healthcare and tech, eschews some financial services stocks.
Karen Wallace
Stock Strategist Industry Reports
Investors Should Hit the Brakes on Truckload Stocks
Despite the prospect of a pricing rebound for truckload carriers due to the electronic logging device mandate, better opportunities exist in truck brokerage.
Matthew Young
US Videos
Echo Global an Opportunity in Trucking
Many trucking firms are trading at high valuations, but we see value in highway brokerage companies.
Matthew Young
Stock Strategist
Newly Public Schneider Emerges as a High-Quality Transport
Its truckload division isn’t in the fast lane to a moat, but the network effect delivers for intermodal and logistics.
Matthew Young
Our Picks
6 New Stocks in the Wide Moat Focus Index
The Morningstar Wide Moat Focus Index scoops up some asset managers and jettisons some real estate stocks.
Karen Wallace
US Videos
C.H. Robinson Might Be Cheap Down the Road
With margin compression coming, we think the market may unfairly punish the wide-moat truck brokerage leader creating an opportunity for investors.
Matthew Young
US Videos
Weekly Wrap: Strategy Drives Intel, Good Growth at Oracle
We don't see value in Intel or Oracle shares today, but Williams-Sonoma looks cheap. Plus, a potential winner amid potential tax reform.
Morningstar.com
Stock Analyst Update
C.H. Robinson's Acquisition Boosts Global Footprint
The wide-moat third-party logistics behemoth struck an agreement to acquire privately held air and ocean forwarder APC Logistics.
Matthew Young
Investing Specialists
A Deeper Look at Three of Our Top Performing Ultimate Stock-Pickers
Ahead of our conversation with Stephen Yacktman, Dennis Lynch, and Michael Keller at the Morningstar Investment Conference, we examine their top holdings and where they are putting money to work today.
The Morningstar Ultimate Stock-Pickers Team