CHRW FY 2016 Earnings Report — C.H. Robinson Worldwide, Inc. Revenue & Financial Results | Market Cap Arena

C.H. Robinson Worldwide, Inc.CHRW

FY 2016 Earnings

Reported March 1, 2017

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2016	Prior Q	FY 2015	QoQ Change	YoY Change
Revenue	$13.1B	—	$13.5B	—	-2.5%
Op. Income	$838M	—	$858M	—	-2.4%
Gross Margin	9.2%	—	9.0%	—	0.2pp
Net Margin	3.9%	—	3.8%	—	0.1pp
EPS (Diluted)	$3.59	—	$3.51	—	2.3%
Free Cash Flow	$438M	—	$674M	—	-35.0%

Revenue Flow

Item	Amount
REVENUE	$13.1B
Cost of Revenue	$11.9B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$375M
Other Expenses	$0
Operating Expenses	$375M
Cost & Expenses	$12.3B
OPERATING INCOME	$838M
Interest Income	$0
Interest Expense	$26M
Other Income/Expenses	-$26M
INCOME BEFORE TAX	$812M
Income Tax Expense	$299M
Net Income from Continuing Ops	$513M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$513M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$513M
D&A	$75M
EBIT	$838M
EBITDA	$912M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$13.1B
Cost of Revenue	$11.9B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$375M
Other Expenses	$0
Operating Expenses	$375M
Cost & Expenses	$12.3B
OPERATING INCOME	$838M
Interest Income	$0
Interest Expense	$26M
Other Income/Expenses	-$26M
INCOME BEFORE TAX	$812M
Income Tax Expense	$299M
Net Income from Continuing Ops	$513M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$513M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$513M
D&A	$75M
EBIT	$838M
EBITDA	$912M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$513M
Depreciation & Amortization	$75M
Stock-Based Compensation	$38M
Deferred Income Tax	$15M
Other Non-Cash Items	$7M
Change in Working Capital	-$118M
OPERATING CASH FLOW	$529M
Capital Expenditure	-$91M
Acquisitions (Net)	-$220M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$1M
NET CASH FROM INVESTING	-$313M
Net Debt Issuance	$290M
Common Stock Repurchased	-$173M
Common Dividends Paid	-$245M
Other Financing Activities	$1M
NET CASH FROM FINANCING	-$127M
FREE CASH FLOW	$438M
Net Change in Cash	$79M

Balance Sheet

Item	Amount
Cash & Equivalents	$248M
Short-Term Investments	$0
Net Receivables	$1.7B
Inventory	$0
Other Current Assets	$49M
TOTAL CURRENT ASSETS	$2.0B
PP&E (Net)	$233M
Goodwill	$1.2B
Intangible Assets	$195M
Long-Term Investments	-$19M
Tax Assets	$2M
Other Non-Current Assets	$17M
TOTAL NON-CURRENT ASSETS	$1.7B
TOTAL ASSETS	$3.7B
Account Payables	$840M
Short-Term Debt	$740M
Deferred Revenue	-$67M
Other Current Liabilities	$98M
TOTAL CURRENT LIABILITIES	$1.8B
Long-Term Debt	$500M
Deferred Revenue NC	$19M
Deferred Tax Liabilities	$65M
Other Non-Current Liabilities	$19M
TOTAL NON-CURRENT LIABILITIES	$584M
TOTAL LIABILITIES	$2.4B
Common Stock	$14M
Additional Paid-In Capital	$419M
Retained Earnings	$3.2B
Treasury Stock	-$2.3B
Accum. Other Comp. Income	-$61M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.3B
Minority Interest	$0
TOTAL EQUITY	$1.3B
TOTAL LIABILITIES & EQUITY	$3.7B
Total Debt	$1.2B
Net Debt	$992M