CH Robinson Worldwide Inc (CHRW)

Return on equity (ROE)

		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 stockholders’ equity	US$ in thousands	1,722,050	1,640,070	1,510,440	1,429,990	1,418,700	1,404,580	1,388,110	1,381,390	1,353,420	1,677,560	2,052,420	2,095,500	2,021,930	1,950,800	1,906,170	1,868,190	1,879,930	1,873,360	1,704,330	1,587,120
ROE		27.04%	21.18%	21.99%	21.20%	22.92%	27.79%	38.48%	56.83%	69.49%	64.05%	53.38%	44.92%	41.75%	39.06%	34.17%	32.20%	26.94%	24.43%	27.46%	31.08%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $465,690K ÷ $1,722,050K
= 27.04%

CH Robinson Worldwide Inc's return on equity (ROE) has displayed fluctuations over the provided time period. From March 31, 2020, to December 31, 2022, there was a consistent upward trend in ROE, with significant growth from 31.08% to 69.49%. This indicates improved efficiency in generating profit from shareholders' equity during that period.

However, a notable decline in ROE was observed in the subsequent quarters, dropping to 22.92% by December 31, 2023. This was followed by a further decrease in the first half of 2024, with ROE ranging between 21.20% and 21.99%. These declines suggest a potential decrease in profitability relative to the shareholders' equity during this period.

By the end of December 31, 2024, there was a slight recovery in ROE to 27.04%. It is essential for investors and stakeholders to further analyze the factors behind the fluctuations in ROE to understand the company's profitability and financial performance better.