CH Robinson Worldwide Inc (CHRW)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 579,204 | 409,186 | 1,166,760 | 1,022,290 | 628,331 |
| Revenue | US$ in thousands | 17,725,000 | 17,596,400 | 24,696,600 | 23,102,100 | 16,207,100 |
| Pretax margin | 3.27% | 2.33% | 4.72% | 4.43% | 3.88% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $579,204K ÷ $17,725,000K
= 3.27%
CH Robinson Worldwide Inc's pretax margin has demonstrated a fluctuating trend over the five-year period from December 31, 2020, to December 31, 2024. The pretax margin increased from 3.88% in 2020 to 4.43% in 2021, indicating an improvement in the company's ability to generate profits before taxes relative to its total revenue. Subsequently, the pretax margin continued to rise to 4.72% by the end of 2022, suggesting further efficiencies in cost management or revenue growth.
However, in 2023, there was a notable decline in the pretax margin to 2.33%, indicating potential challenges or inefficiencies affecting the company's profitability before tax. This decrease may prompt further analysis to identify the factors contributing to the decline and potential strategies for improvement.
By the end of 2024, the pretax margin improved slightly to 3.27%, although it remained below the levels seen in 2021 and 2022. Overall, the fluctuating trend in CH Robinson Worldwide Inc's pretax margin indicates a mix of positive and challenging factors impacting the company's profitability before tax during the period under review.
Peer comparison
Dec 31, 2024