CH Robinson Worldwide Inc (CHRW)
Operating return on assets (Operating ROA)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 697,261 | 616,615 | 550,018 | 489,342 | 510,331 | 571,212 | 745,299 | 1,082,341 | 1,266,782 | 1,390,154 | 1,413,314 | 1,204,253 | 1,082,108 | 1,001,504 | 858,974 | 787,157 | 673,268 | 603,272 | 636,118 | 674,866 |
Total assets | US$ in thousands | 5,297,930 | 5,613,360 | 5,512,350 | 5,472,090 | 5,225,280 | 5,317,670 | 5,405,260 | 5,595,580 | 5,954,560 | 6,795,530 | 7,457,440 | 7,521,340 | 7,028,110 | 6,602,610 | 5,906,560 | 5,596,620 | 5,144,260 | 5,074,840 | 4,825,690 | 4,848,320 |
Operating ROA | 13.16% | 10.98% | 9.98% | 8.94% | 9.77% | 10.74% | 13.79% | 19.34% | 21.27% | 20.46% | 18.95% | 16.01% | 15.40% | 15.17% | 14.54% | 14.06% | 13.09% | 11.89% | 13.18% | 13.92% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $697,261K ÷ $5,297,930K
= 13.16%
CH Robinson Worldwide Inc's operating return on assets (Operating ROA) shows the company's efficiency in generating profits from its operating activities relative to its total assets. From March 31, 2020, to December 31, 2024, the Operating ROA has fluctuated. It started at 13.92% in March 2020, indicating that the company generated 13.92 cents of operating profit for every dollar of assets.
The Operating ROA dipped to its lowest point of 8.94% in March 2024, suggesting a decrease in the efficiency of utilizing assets to generate operating income. However, it then rebounded to 13.16% by December 31, 2024.
The trend in Operating ROA reflects fluctuations in the company's operating performance and asset utilization efficiency over time. It is essential for CH Robinson Worldwide Inc to monitor and manage its operating efficiency, as a higher Operating ROA indicates better profitability from its core business operations in relation to its assets.
Peer comparison
Dec 31, 2024