C. H. Robinson Worldwide
CHRW on Nasdaq. C.H. Robinson arranges truck, ship, and air freight shipments for businesses. Market value $16.4bn.
Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Industrials stocks that passed both tests
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $3.76 of spare cash in the past 12 months. A savings account pays about $4.
You pay 21.5 years of operating profit for the business. The average large US company costs around 18.
Each dollar kept in the business earns 23 cents a year. Above 10 is good.
Quality score: 66 of 100. Price score: 57 of 100. Our list needs 70 on quality and 60 on price.
$140.61 a share, 14% above its 1-year low
Over the past year the price has ranged from $123.64 to $210.33.
Dividend: 1.8% a year
Paid every year for at least 5 years
Prices from Monday’s close (5 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | $23.1bn | $24.7bn | $17.6bn | $17.7bn | $16.2bn |
| Operating margin | |||||
| Operating margin | 4.7% | 5.1% | 2.9% | 3.8% | 4.9% |
| Debt to equity | |||||
| Debt to equity | 0.95 | 1.46 | 1.11 | 0.80 | 0.59 |
| Shares outstanding | |||||
| Shares outstanding | 0.12bn | 0.12bn | 0.12bn | 0.12bn | 0.12bn |
Health checks
- Free cash flow positive5 of 5 years
- Accounting looks honest (Beneish)Not enough data
- Financial strength (Piotroski)7 of 8 checks we could run
- Profit backed by cash (accruals)Yes
- Debt0.59× equity
- Revenue growth, five yearsSlow, 0.0% a year
- Buying back its own sharesRoughly flat
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $4.9 billion last quarter, up 19% on a year ago.
- Profit: $187 million, up 23% on a year ago.
- It keeps 5 cents of each $1 of sales as operating profit, up from 4 cents a year earlier.
- Spare cash over the past 12 months: $618 million, down from $641 million.
- 1% fewer shares than a year ago. Each share owns a bit more of the company.
- Debt is $1.5 billion more than cash, up from $1.2 billion a year ago.
- Sales grew on a year ago in 1 of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| September 2024 | $4.6bn |
| December 2024 | $4.2bn |
| March 2025 | $4.0bn |
| June 2025 | $4.1bn |
| September 2025 | $4.1bn |
| December 2025 | $3.9bn |
| March 2026 | $4.0bn |
| June 2026 | $4.9bn |
| Quarter to | Amount |
|---|---|
| September 2024 | $97m |
| December 2024 | $149m |
| March 2025 | $135m |
| June 2025 | $152m |
| September 2025 | $163m |
| December 2025 | $136m |
| March 2026 | $147m |
| June 2026 | $187m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- 28 October 2026
- Last annual report (10-K)
- 13 February 2026
- Next quarterly (estimated, 10-Q)
- 30 October 2026
Who owns it
8 long-term investors we follow own it, unchanged from 8 last quarter. 890 funds in all.
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| First Eagle Investment ManagementMatthew McLennan | $1.4bn | 1.1% | Added |
| Boston PartnersBoston Partners team | $552m | 0.5% | Added |
| Select Equity GroupGeorge Loening | $216m | 1.1% | Cut |
| Mairs & PowerAndy Adams | $145m | 1.3% | Cut |
| Gotham Asset ManagementJoel Greenblatt | $59m | 0.1% | Cut |
| Marathon Asset ManagementNeil Ostrer | $16m | 0.6% | Cut |
| Clarkston Capital PartnersJeff Hakala | $11m | 0.9% | Cut |
| GMOJeremy Grantham | $2m | <0.1% | Added |
Largest holders overall
- BlackRock$2.1bnAdded
- Banque Cantonale Vaudoise$2.0bnAdded
- Vanguard Capital Management$1.4bnCut
- First Eagle Investment Management$1.4bnAdded
- State Street$1.2bn
- Vanguard Portfolio Management$1.1bn
- FMR$704mCut
- WCM Investment Management$681mAdded
- Wellington Management Group LLP$666mCut
- Geode Capital Management$655mCut
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
5 investors own more than 5%.
- BlackRock, Inc.Passive investor8.9%+1.1 ptsSince 30 June 2026
- Vanguard Capital ManagementPassive investor7.4%Since 31 March 2026
- FIRST EAGLE GLOBAL FUNDPassive investor5.4%Since 31 December 2025
- Vanguard Portfolio ManagementPassive investor5.1%Since 31 March 2026
- Wellington Management Group LLPPassive investorat least 4.6%−1.4 pts(filed with 2 related holders)Since 31 December 2025
- First Eagle Investment ManagementPassive investorSold down below 5%Since 31 March 2026
- The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
BlackRock, Inc. Passive investor | 8.9%+1.1 pts | 30 June 2026 | |
Vanguard Capital Management Passive investor | 7.4% | 31 March 2026 | |
FIRST EAGLE GLOBAL FUND Passive investor | 5.4% | 31 December 2025 | |
Vanguard Portfolio Management Passive investor | 5.1% | 31 March 2026 | |
Wellington Management Group LLP Passive investor | at least 4.6%−1.4 pts (filed with 2 related holders) | 31 December 2025 | |
First Eagle Investment Management Passive investor | Sold down below 5% | 31 March 2026 | |
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 4 insiders bought $501,641 of shares on the open market. 4 sold $19m, $3m of it under preset trading plans.
- Castagnetto Michael D.Pres, NASTBought
- Date
- 12 February 2026
- Shares
- 594
- Price
- $168.24
- Value
- $100,000
- Bozeman David PPresident & CEO, DirectorBought
- Date
- 12 February 2026
- Shares
- 1,223
- Price
- $163.35
- Value
- $199,777
- RAJAN ARUNChief Strat & Innov OfficerBought
- Date
- 12 February 2026
- Shares
- 605
- Price
- $167.11
- Value
- $101,102
- Lee Damon J.Chief Financial OfficerBought
- Date
- 12 February 2026
- Shares
- 620
- Price
- $162.52
- Value
- $100,762
- Freeman Angela K.CHRO and ESG OfficerSold
- Date
- 9 February 2026
- Shares
- 8,579
- Price
- $200.52
- Value
- $2m
- Short Michael JohnPresident, Global ForwardingSoldunder a preset trading plan
- Date
- 9 February 2026
- Shares
- 6,368
- Price
- $201.30
- Value
- $1m
- Castagnetto Michael D.Pres, NASTSoldunder a preset trading plan
- Date
- 2 February 2026
- Shares
- 2,849
- Price
- $194.20
- Value
- $553,276
- Short Michael JohnPresident, Global ForwardingSoldunder a preset trading plan
- Date
- 15 January 2026
- Shares
- 1,230
- Price
- $175.00
- Value
- $215,250
- Short Michael JohnPresident, Global ForwardingSoldunder a preset trading plan
- Date
- 31 December 2025
- Shares
- 2,390
- Price
- $161.91
- Value
- $386,965
- RAJAN ARUNChief Strat & Innov OfficerSoldunder a preset trading plan
- Date
- 17 November 2025
- Shares
- 2,500
- Price
- $152.77
- Value
- $381,925
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 12 February 2026 | Castagnetto Michael D. Pres, NAST | Bought | 594 | $168.24 | $100,000 |
| 12 February 2026 | Bozeman David P President & CEO, Director | Bought | 1,223 | $163.35 | $199,777 |
| 12 February 2026 | RAJAN ARUN Chief Strat & Innov Officer | Bought | 605 | $167.11 | $101,102 |
| 12 February 2026 | Lee Damon J. Chief Financial Officer | Bought | 620 | $162.52 | $100,762 |
| 9 February 2026 | Freeman Angela K. CHRO and ESG Officer | Sold | 8,579 | $200.52 | $2m |
| 9 February 2026 | Short Michael John President, Global Forwarding | Sold under a preset trading plan | 6,368 | $201.30 | $1m |
| 2 February 2026 | Castagnetto Michael D. Pres, NAST | Sold under a preset trading plan | 2,849 | $194.20 | $553,276 |
| 15 January 2026 | Short Michael John President, Global Forwarding | Sold under a preset trading plan | 1,230 | $175.00 | $215,250 |
| 31 December 2025 | Short Michael John President, Global Forwarding | Sold under a preset trading plan | 2,390 | $161.91 | $386,965 |
| 17 November 2025 | RAJAN ARUN Chief Strat & Innov Officer | Sold under a preset trading plan | 2,500 | $152.77 | $381,925 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
None of the warning signs we check for were found.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 13 Feb 2026, plus the 10-Q filed 31 Jul 2026 and 5 later 8-Ks.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
What could go wrong
- Sales have barely grown: 0.0% a year.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
The company just told the SEC about a big change. The deep dive shows what it means for the price you pay.
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.