CH Robinson Worldwide Inc (CHRW)

Financial leverage ratio

		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
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
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
Financial leverage ratio		3.08	3.42	3.65	3.83	3.68	3.79	3.89	4.05	4.40	4.05	3.63	3.59	3.48	3.38	3.10	3.00	2.74	2.71	2.83	3.05

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $5,297,930K ÷ $1,722,050K
= 3.08

The financial leverage ratio for CH Robinson Worldwide Inc has shown a fluctuating trend over the analyzed period. Starting at 3.05 on March 31, 2020, the ratio decreased to 2.71 by September 30, 2020. From December 31, 2020, to September 30, 2021, there was a slight increase in the ratio to reach 3.48. The ratio continued to rise reaching its peak at 4.40 on December 31, 2022, indicating an increase in financial risk and leverage.

Subsequently, there was a decline in the ratio reaching 3.68 by December 31, 2023. The ratio fluctuated between 3.08 and 3.89 from December 31, 2023, to June 30, 2024, before decreasing to 3.08 by December 31, 2024. Overall, the trend suggests some volatility in the company's financial leverage, with periods of both increases and decreases in leverage levels. Investors and stakeholders may need to monitor further developments to assess the impact of these fluctuations on the company's financial risk and stability.