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C.H. Robinson Worldwide (C.H. Robinson Worldwide) Sloan Ratio % : -6.20% (As of Dec. 2023)


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What is C.H. Robinson Worldwide Sloan Ratio %?

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

C.H. Robinson Worldwide's Sloan Ratio for the quarter that ended in Dec. 2023 was -6.20%.

As of Dec. 2023, C.H. Robinson Worldwide has a Sloan Ratio of -6.20%, indicating the company is in the safe zone and there is no funny business with accruals.


C.H. Robinson Worldwide Sloan Ratio % Historical Data

The historical data trend for C.H. Robinson Worldwide's Sloan Ratio % 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 Sloan Ratio % Chart

C.H. Robinson Worldwide Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.13 5.42 11.88 -10.83 -6.20

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
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.83 -19.05 -22.83 -18.31 -6.20

Competitive Comparison of C.H. Robinson Worldwide's Sloan Ratio %

For the Integrated Freight & Logistics subindustry, C.H. Robinson Worldwide's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


C.H. Robinson Worldwide's Sloan Ratio % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, C.H. Robinson Worldwide's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where C.H. Robinson Worldwide's Sloan Ratio % falls into.



C.H. Robinson Worldwide Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

C.H. Robinson Worldwide's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(325.129-731.946
--82.787)/5225.28
=-6.20%

C.H. Robinson Worldwide's Sloan Ratio for the quarter that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2023 )
=(325.129-731.946
--82.787)/5225.28
=-6.20%

C.H. Robinson Worldwide's Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was 114.891 (Mar. 2023 ) + 97.316 (Jun. 2023 ) + 81.949 (Sep. 2023 ) + 30.973 (Dec. 2023 ) = $325 Mil.
C.H. Robinson Worldwide's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 was 254.544 (Mar. 2023 ) + 224.832 (Jun. 2023 ) + 205.239 (Sep. 2023 ) + 47.331 (Dec. 2023 ) = $732 Mil.
C.H. Robinson Worldwide's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 was -26.95 (Mar. 2023 ) + -24.351 (Jun. 2023 ) + -15.35 (Sep. 2023 ) + -16.136 (Dec. 2023 ) = $-83 Mil.

* 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.


C.H. Robinson Worldwide  (NAS:CHRW) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Dec. 2023, C.H. Robinson Worldwide has a Sloan Ratio of -6.20%, indicating the company is in the safe zone and there is no funny business with accruals.


C.H. Robinson Worldwide Sloan Ratio % Related Terms

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C.H. Robinson Worldwide (C.H. Robinson Worldwide) Business Description

Traded in Other Exchanges
Address
14701 Charlson Road, Eden Prairie, MN, USA, 55347-5088
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.
Executives
Winship Henry Ward Iv director PO BOX 8614, RANCHO SANTA FE CA 92067
David P Bozeman director, officer: President & CEO 100 NE ADAMS STREET, PEORIA IL 61629
Angela K. Freeman officer: Vice President-Human Resources 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55437
Michael John Short officer: President, Global Forwarding 14701 CHARLESON ROAD, EDEN PRAIRIE MN 55347
Mac S Pinkerton officer: Pres. of North America Trans. 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55330
James J. Barber director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Jordan T Kass officer: President, Managed Services 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347
Henry J Maier director 1000 FEDEX DRIVE, MOON TOWNSHIP PA 15108
Michael Paul Zechmeister officer: Chief Financial Officer C/O UNITED NATURAL FOODS, INC., 313 IRON HORSE WAY, PROVIDENCE RI 02908
Chris Obrien officer: Vice President 8100 MITCHELL RD, STE 200, EDEN PRAIRIE MN 55344
Michael D. Castagnetto officer: President of Robinson Fresh 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55437
Ben G Campbell officer: VP-General Counsel & Secretary 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55437
Biesterfeld Robert C Jr officer: President, N American Surface 14701 CHARLSON RD, EDEN PRAIRIE MN 55347
Mark A. Goodburn director 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347
Arun Rajan officer: Chief Product Officer 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347