C.H. Robinson Worldwide (BSP:C1HR34) ROCE % : 14.66% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is C.H. Robinson Worldwide ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. C.H. Robinson Worldwide's annualized ROCE % for the quarter that ended in Dec. 2023 was 14.66%.

C.H. Robinson Worldwide ROCE % Historical Data

The historical data trend for C.H. Robinson Worldwide's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

C.H. Robinson Worldwide ROCE % Chart

C.H. Robinson Worldwide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

26.70

23.35

32.26

38.26

17.18

C.H. Robinson Worldwide Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															21.63	24.32	19.34	17.24	14.66

C.H. Robinson Worldwide ROCE % Calculation

C.H. Robinson Worldwide's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	2521.471	/	( ( (31234.07 - 17429.688)	+	(25602.827 - 10054.355) )	/ 2 )
	=	2521.471	/	( (13804.382	+	15548.472)	/ 2 )
	=	2521.471	/	14676.427
	=	17.18 %

C.H. Robinson Worldwide's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	2105.524	/	( ( (26262.362 - 13085.298)	+	(25602.827 - 10054.355) )	/ 2 )
	=	2105.524	/	( ( 13177.064	+	15548.472 )	/ 2 )
	=	2105.524	/	14362.768
	=	14.66 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

C.H. Robinson Worldwide (BSP:C1HR34) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

C.H. Robinson Worldwide ROCE % Related Terms

Thank you for viewing the detailed overview of C.H. Robinson Worldwide's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

C.H. Robinson Worldwide (BSP:C1HR34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » C.H. Robinson Worldwide Inc (BSP:C1HR34) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CHRW:USA CH1A:Germany

Address

14701 Charlson Road, Eden Prairie, MN, USA, 55347-5088

Website

https://www.chrobinson.com

C.H. Robinson is a top-tier non-asset-based third-party logistics provider with a significant focus on domestic freight brokerage (about 60% of 2022 net revenue), which reflects mostly truck brokerage but also rail intermodal. Additionally, the firm operates a large air and ocean forwarding division (30%), which has grown organically and via tuck-in acquisitions over the years. The remainder of revenue consists of the European truck-brokerage division, transportation management services, and a legacy produce-sourcing operation.

C.H. Robinson Worldwide (BSP:C1HR34) Headlines

No Headlines