CH Robinson Worldwide Inc (CHRW)

Return on assets (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
Net income (ttm)	US$ in thousands	465,690	347,357	332,077	303,142	325,129	390,349	534,198	785,067	940,524	1,074,429	1,095,684	941,288	844,245	761,954	651,430	601,580	506,421	457,720	468,085	493,326
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
ROA		8.79%	6.19%	6.02%	5.54%	6.22%	7.34%	9.88%	14.03%	15.80%	15.81%	14.69%	12.51%	12.01%	11.54%	11.03%	10.75%	9.84%	9.02%	9.70%	10.18%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $465,690K ÷ $5,297,930K
= 8.79%

The return on assets (ROA) of CH Robinson Worldwide Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ROA started at 10.18% in March 2020, decreased to 9.02% by September 2020, and then increased to 12.01% by December 2021.

There was a notable increase in ROA to 15.81% by September 2022, indicating improved efficiency in generating profits from its assets. However, the ROA declined to 6.22% by December 2023, before recovering slightly to 8.79% by December 31, 2024.

Overall, the ROA trend suggests varying levels of effectiveness in utilizing the company's assets to generate profit. Investors and stakeholders should closely monitor the company's asset management strategies to ensure sustainable profitability in the future.