CHRW FY 2020 Earnings Report — C.H. Robinson Worldwide, Inc. Revenue & Financial Results | Market Cap Arena

C.H. Robinson Worldwide, Inc.CHRW

FY 2020 Earnings

Reported February 19, 2021

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$16.2B	—	$15.3B	—	5.9%
Op. Income	$673M	—	$790M	—	-14.8%
Gross Margin	7.2%	—	8.4%	—	-1.2pp
Net Margin	3.1%	—	3.8%	—	-0.6pp
EPS (Diluted)	$3.72	—	$4.19	—	-11.2%
Free Cash Flow	$445M	—	$765M	—	-41.8%

Revenue Flow

Item	Amount
REVENUE	$16.2B
Cost of Revenue	$15.0B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$496M
Other Expenses	$0
Operating Expenses	$496M
Cost & Expenses	$15.5B
OPERATING INCOME	$673M
Interest Income	$0
Interest Expense	$45M
Other Income/Expenses	-$45M
INCOME BEFORE TAX	$628M
Income Tax Expense	$122M
Net Income from Continuing Ops	$506M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$506M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$506M
D&A	$102M
EBIT	$673M
EBITDA	$775M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$16.2B
Cost of Revenue	$15.0B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$496M
Other Expenses	$0
Operating Expenses	$496M
Cost & Expenses	$15.5B
OPERATING INCOME	$673M
Interest Income	$0
Interest Expense	$45M
Other Income/Expenses	-$45M
INCOME BEFORE TAX	$628M
Income Tax Expense	$122M
Net Income from Continuing Ops	$506M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$506M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$506M
D&A	$102M
EBIT	$673M
EBITDA	$775M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$506M
Depreciation & Amortization	$102M
Stock-Based Compensation	$44M
Deferred Income Tax	-$33M
Other Non-Cash Items	$15M
Change in Working Capital	-$135M
OPERATING CASH FLOW	$499M
Capital Expenditure	-$54M
Acquisitions (Net)	-$223M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$6M
NET CASH FROM INVESTING	-$272M
Net Debt Issuance	-$143M
Common Stock Repurchased	-$178M
Common Dividends Paid	-$210M
Other Financing Activities	$90M
NET CASH FROM FINANCING	-$441M
FREE CASH FLOW	$445M
Net Change in Cash	-$204M

Balance Sheet

Item	Amount
Cash & Equivalents	$244M
Short-Term Investments	$0
Net Receivables	$2.6B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.9B
PP&E (Net)	$499M
Goodwill	$1.5B
Intangible Assets	$174M
Long-Term Investments	$0
Tax Assets	$19M
Other Non-Current Assets	$24M
TOTAL NON-CURRENT ASSETS	$2.2B
TOTAL ASSETS	$5.1B
Account Payables	$1.2B
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$138M
TOTAL CURRENT LIABILITIES	$1.8B
Long-Term Debt	$1.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$22M
Other Non-Current Liabilities	$41M
TOTAL NON-CURRENT LIABILITIES	$1.4B
TOTAL LIABILITIES	$3.3B
Common Stock	$13M
Additional Paid-In Capital	$566M
Retained Earnings	$4.4B
Treasury Stock	-$3.0B
Accum. Other Comp. Income	-$46M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.9B
Minority Interest	$0
TOTAL EQUITY	$1.9B
TOTAL LIABILITIES & EQUITY	$5.1B
Total Debt	$1.4B
Net Debt	$1.2B