CHRW FY 2017 Earnings Report — C.H. Robinson Worldwide, Inc. Revenue & Financial Results | Market Cap Arena

C.H. Robinson Worldwide, Inc.CHRW

FY 2017 Earnings

Reported February 28, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$14.9B	—	$13.1B	—	13.1%
Op. Income	$775M	—	$838M	—	-7.5%
Gross Margin	8.0%	—	9.2%	—	-1.2pp
Net Margin	3.4%	—	3.9%	—	-0.5pp
EPS (Diluted)	$3.57	—	$3.59	—	-0.6%
Free Cash Flow	$323M	—	$438M	—	-26.4%

Revenue Flow

Item	Amount
REVENUE	$14.9B
Cost of Revenue	$13.7B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$413M
Other Expenses	$0
Operating Expenses	$413M
Cost & Expenses	$14.1B
OPERATING INCOME	$775M
Interest Income	$0
Interest Expense	$47M
Other Income/Expenses	-$47M
INCOME BEFORE TAX	$728M
Income Tax Expense	$224M
Net Income from Continuing Ops	$505M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$505M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$505M
D&A	$93M
EBIT	$775M
EBITDA	$868M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$14.9B
Cost of Revenue	$13.7B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$413M
Other Expenses	$0
Operating Expenses	$413M
Cost & Expenses	$14.1B
OPERATING INCOME	$775M
Interest Income	$0
Interest Expense	$47M
Other Income/Expenses	-$47M
INCOME BEFORE TAX	$728M
Income Tax Expense	$224M
Net Income from Continuing Ops	$505M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$505M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$505M
D&A	$93M
EBIT	$775M
EBITDA	$868M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$505M
Depreciation & Amortization	$93M
Stock-Based Compensation	$42M
Deferred Income Tax	-$29M
Other Non-Cash Items	$4M
Change in Working Capital	-$235M
OPERATING CASH FLOW	$381M
Capital Expenditure	-$58M
Acquisitions (Net)	-$49M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$521.0K
NET CASH FROM INVESTING	-$108M
Net Debt Issuance	$225M
Common Stock Repurchased	-$185M
Common Dividends Paid	-$258M
Other Financing Activities	$38M
NET CASH FROM FINANCING	-$199M
FREE CASH FLOW	$323M
Net Change in Cash	$86M

Balance Sheet

Item	Amount
Cash & Equivalents	$334M
Short-Term Investments	$0
Net Receivables	$2.1B
Inventory	$0
Other Current Assets	$63M
TOTAL CURRENT ASSETS	$2.5B
PP&E (Net)	$230M
Goodwill	$1.3B
Intangible Assets	$178M
Long-Term Investments	-$40M
Tax Assets	$7M
Other Non-Current Assets	$34M
TOTAL NON-CURRENT ASSETS	$1.7B
TOTAL ASSETS	$4.2B
Account Payables	$1.0B
Short-Term Debt	$715M
Deferred Revenue	-$84M
Other Current Liabilities	$109M
TOTAL CURRENT LIABILITIES	$2.0B
Long-Term Debt	$750M
Deferred Revenue NC	$27M
Deferred Tax Liabilities	$45M
Other Non-Current Liabilities	$27M
TOTAL NON-CURRENT LIABILITIES	$823M
TOTAL LIABILITIES	$2.8B
Common Stock	$14M
Additional Paid-In Capital	$444M
Retained Earnings	$3.4B
Treasury Stock	-$2.5B
Accum. Other Comp. Income	-$18M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.4B
Minority Interest	$0
TOTAL EQUITY	$1.4B
TOTAL LIABILITIES & EQUITY	$4.2B
Total Debt	$1.5B
Net Debt	$1.1B