CH Robinson Worldwide Inc (CHRW)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	1,326,176	1,251,403	1,169,026	1,121,589	1,137,539	1,222,934	1,381,266	1,679,896	1,870,197	1,965,680	1,960,343	1,759,769	1,608,479	1,503,450	1,345,507	1,273,202	1,169,390	1,117,954	1,144,453	1,186,813
Revenue (ttm)	US$ in thousands	17,724,960	17,762,190	17,458,580	17,397,090	17,596,450	18,441,380	20,115,730	22,492,350	24,696,630	26,131,660	26,379,980	25,114,230	23,102,150	21,149,750	19,110,850	17,205,970	16,207,110	15,450,990	15,082,320	15,363,310
Gross profit margin		7.48%	7.05%	6.70%	6.45%	6.46%	6.63%	6.87%	7.47%	7.57%	7.52%	7.43%	7.01%	6.96%	7.11%	7.04%	7.40%	7.22%	7.24%	7.59%	7.72%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,326,176K ÷ $17,724,960K
= 7.48%

CH Robinson Worldwide Inc's gross profit margin has fluctuated over the period from March 31, 2020, to December 31, 2024. The company's gross profit margin ranged from a low of 6.45% on March 31, 2024, to a high of 7.72% on March 31, 2020.

Overall, there seems to be a slight downward trend in the gross profit margin over the period, with some fluctuations in between. The company experienced a gradual decline in the gross profit margin from the beginning of the period to June 30, 2021, followed by some variability before a slight increase towards the end of the period.

It is essential for investors and stakeholders to closely monitor this key financial metric as it reflects the efficiency of the company in generating profits from its core operations. Factors such as changes in costs, pricing strategies, and competitive pressures could influence the gross profit margin of the company.