C.H. Robinson Worldwide, Inc. (CHRW) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-59.0%

$52.54

vs $128.16 price

Levered DCF

$43.00

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

6.68

Safe zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	32.94×	26.56×	31.53×	12.24×	16.9×	25.1×	18.57×	17.59×
P/B	10.47×	7.19×	7.22×	8.51×	7.05×	6.77×	6.41×	7.33×
P/S	1.19×	0.7×	0.58×	0.47×	0.62×	0.78×	0.7×	0.7×
EV / EBITDA	23.41×	18.24×	19.64×	10.04×	13.83×	17.94×	13.27×	12.55×
Gross margin	8.4%	7.4%	6.5%	7.6%	7.0%	7.2%	8.4%	8.2%
Operating margin	4.9%	3.8%	2.9%	5.1%	4.7%	4.2%	5.2%	5.5%
Net margin	3.6%	2.6%	1.8%	3.8%	3.7%	3.1%	3.8%	4.0%
Current ratio	1.53×	1.28×	1.4×	1.08×	1.44×	1.6×	1.7×	1.92×
Debt / equity	0.88×	1.01×	1.38×	1.74×	1.1×	0.76×	0.93×	0.84×
Interest coverage	12.6×	7.44×	4.88×	12.67×	18.09×	14.98×	16.55×	28.67×
Dividend yield	1.6%	2.4%	2.8%	2.5%	1.9%	1.7%	2.6%	2.3%
Payout ratio	51.3%	63.3%	89.7%	30.3%	32.8%	41.5%	48.1%	39.9%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	31.8%	27.0%	22.9%	69.5%	41.8%	26.9%	34.5%	41.7%
Return on invested capital	19.6%	15.4%	12.0%	27.2%	20.9%	16.1%	18.7%	23.0%
Return on assets	11.6%	8.8%	6.2%	15.8%	12.0%	9.8%	12.4%	15.0%
Free cash flow yield	4.6%	3.9%	6.3%	13.2%	0.2%	3.5%	7.1%	6.2%
Earnings yield	3.0%	3.8%	3.2%	8.2%	5.9%	4.0%	5.4%	5.7%
Enterprise value	$20.8B	$14B	$12B	$13.7B	$16.2B	$13.9B	$11.8B	$12.7B
Net debt / EBITDA	1.65×	2.08×	2.94×	1.58×	1.68×	1.53×	1.24×	0.96×
Cash conversion cycle (days)	26	26	24	25	39	31	25	28