CH Robinson Worldwide Inc (CHRW)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	465,690	325,129	940,524	844,245	506,421
Revenue	US$ in thousands	17,725,000	17,596,400	24,696,600	23,102,100	16,207,100
Net profit margin		2.63%	1.85%	3.81%	3.65%	3.12%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $465,690K ÷ $17,725,000K
= 2.63%

The net profit margin of CH Robinson Worldwide Inc has fluctuated over the past five years. It was 3.12% on December 31, 2020, which increased to 3.65% by December 31, 2021, and further improved to 3.81% by December 31, 2022. However, by December 31, 2023, the net profit margin decreased to 1.85%, showing a decline in profitability. In the most recent year, December 31, 2024, the net profit margin increased slightly to 2.63%. Overall, the trend in the net profit margin has shown some variability, with the company experiencing both improvements and declines in its profitability over the past five years.