NASDAQ$CHRW

C.H.Robinson Worldwide Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

C.H. Robinson's financial performance declined due to lower pricing across most transportation service lines and increased SG&A expenses.

C.H. Robinson reported a decrease in total revenues, net revenues, and income from operations for the fourth quarter of 2019. Total revenues decreased by 8.3% to $3.8 billion, net revenues decreased by 18.9% to $578.9 million, and income from operations decreased by 46.5% to $136.8 million. Diluted earnings per share (EPS) decreased 45.5% to $0.73.

  • Total revenues decreased 8.3 percent to $3.8 billion.
  • Net revenues decreased 18.9 percent to $578.9 million.
  • Income from operations decreased 46.5 percent to $136.8 million.
  • Diluted earnings per share (EPS) decreased 45.5 percent to $0.73.

Headline financials

Total Revenue

$3.79B

Previous: $4.14B-8.3%
EPS (adj)

$0.73

Previous: $1.34-45.5%
Operating Margin

23.6%

Previous: 35.8%-34.1%
Capital Expenditures

$9.63M

Previous: $9.21M+4.6%
Free Cash Flow

$202M

Previous: $255M-20.8%
Net Income

$99.1M

Previous: $187M-47.0%
Operating Income

$137M

Previous: $256M-46.5%
Gross Profit

$280M

Previous: $374M-25.3%
Cash & Equivalents

$448M

Previous: $379M+18.3%
Total Assets

$4.64B

Previous: $4.43B+4.8%
Stock-Based Comp

-$1.57M

Previous: $19.3M-108.1%

Revenue & EPS history

C.H. Robinson · Revenue · Quarterly

$3.79B

Q4 2019-8.3%vs Q4 2018
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

C.H. Robinson · $3.39B total across 2 segments · Q4 2019

  • NAST
    $2.79B
  • Global Forwarding
    $600M

Forward guidance

C.H. Robinson expects to deliver $100 million in operating expense reduction across the enterprise over the next three years. The company will continue to opportunistically repurchase shares to create value for shareholders and remains committed to leveraging technology to deliver smarter solutions.

Tailwinds

  • Focus on lowering cost to serve and cost to sell
  • Expect to deliver $100 million in operating expense reduction across the enterprise over the next three years
  • Leverage technology investments to further optimize office network and business operations
  • Continue to expand the benefits and services offered to customers and carriers
  • Continue to opportunistically repurchase shares to create value for shareholders

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-1.2%

Avg return

Earnings day

-1.2%

Avg return

5 days after

+0.9%

Avg return

30 days after

32%

23 / 72 earnings

Positive

+19.6%

Q3 2025

Best reaction

-14.7%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.5%-10.4%-4.2%
Q4 2025-2.9%+8.4%+0.5%
Q3 2025+19.6%+18.2%+22.8%
Q1 2025+1.2%-1.0%+7.6%
Q4 2024-6.9%-8.4%-5.8%
Q3 2024-4.6%-5.0%-2.2%
Q2 2024+14.4%+10.5%+15.9%
Q1 2024+14.0%+10.9%+21.6%
Q4 2023-14.4%-13.8%-14.0%
Q3 2023-0.5%+0.2%+1.7%
Q2 2023-1.2%+0.6%-11.1%
Q1 2023+4.0%+9.0%+1.8%
Q4 2022+4.2%+2.8%+0.8%
Q3 2022-9.6%-5.9%-1.2%
Q2 2022+8.2%+9.9%+15.5%
Q1 2022+8.9%+6.8%+6.0%
Q4 2021-14.4%-14.6%+1.8%
Q3 2021-0.6%-1.2%+0.1%
Q2 2021-4.3%-3.6%-2.7%
Q1 2021-4.6%-1.1%-1.0%
Q4 2020-7.9%-13.9%-9.4%
Q3 2020-11.1%-11.2%-6.6%
Q2 2020+8.6%+6.9%+12.0%
Q1 2020-3.8%-4.3%+9.2%
Q4 2019-6.4%+3.5%-11.0%
Q3 2019-14.7%-17.3%-13.9%
Q2 2019-1.6%-4.0%-1.1%
Q1 2019-0.5%+3.4%-2.9%
Q4 2018-0.0%+1.1%+4.2%
Q3 2018+2.3%+1.9%+5.4%
Q2 2018+5.4%+5.9%+5.6%
Q1 2018-9.9%-10.3%-5.5%
Q4 2017-5.0%-4.7%-6.9%
Q3 2017+1.3%+1.4%+10.6%
Q2 2017-6.5%-5.6%-3.9%
Q1 2017-6.2%-6.3%-12.5%
Q4 2016-1.8%-1.3%+5.3%
Q3 2016-2.6%-2.2%+7.2%
Q2 2016-4.4%-2.6%-3.7%
Q1 2016-3.7%
Q4 2015-0.5%
Q3 2015-6.2%
Q2 2015+7.9%
Q1 2015-7.0%
Q4 2014-4.0%
Q3 2014+0.6%
Q2 2014+4.5%
Q1 2014+4.3%
Q4 2013-7.9%
Q3 2013-2.6%
Q2 2013-5.6%
Q1 2013-5.2%
Q4 2012-8.4%
Q3 2012-3.8%
Q2 2012+0.3%
Q1 2012+4.3%
Q4 2011-0.1%
Q3 2011-4.0%
Q2 2011-2.0%
Q1 2011+2.4%
Q4 2010-1.4%
Q3 2010-2.1%
Q2 2010-1.0%
Q1 2009+4.9%
Q1 2010-1.0%
Q4 2009-0.2%
Q4 2007-0.2%
Q3 2008+1.3%
Q3 2009+1.3%
Q4 2008-0.2%
Q2 2008-0.2%
Q2 2009-0.2%

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