C. H. Robinson Worldwide (CHRW) FY2021 results: revenue $23.1 billion, up 42.5% on the year
C. H. Robinson Worldwide, Inc. (CHRW) reported revenue of $23.1 billion for fiscal 2021, the year ended 31 December 2021, up 42.5% on the year before. Net income was $844 million, up 66.7%, and diluted earnings per share $6.31. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2022.
Revenue
$23.1 billion
+42.5% on the year
FY2014FY2021
Operating margin
4.7%
4.2% a year earlier
FY2014FY2021
Net income
$844 million
+66.7% on the year
FY2014FY2021
Diluted EPS
$6.31
+69.6% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
95.0
499
835
-81.0%
Capital expenditure
34.2
23.1
36.3
+47.8%
Free cash flow
60.8
476
799
-87.2%
Free cash flow margin
0.3%
2.9%
5.2%
Cash from investing
-85.7
-272
-113
Cash from financing
7.6
-441
-651
Depreciation and amortisation
91.3
102
100
-10.3%
Share-based compensation
130
44.0
39.1
+195.4%
Buybacks
582
178
309
+227.7%
Dividends paid
277
210
278
+32.1%
Dividend per share
$2.08
$2.04
$2.01
+2.0%
Diluted shares, weighted
134m
136m
138m
-1.7%
Shares outstanding at period end
129m
134m
135m
-3.8%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
2,022
1,880
1,671
+7.6%
Debt
1,919
1,093
1,235
+75.5%
Operating lease liabilities
241
269
259
-10.1%
Other liabilities
2,846
1,902
1,476
+49.6%
Total liabilities and equity
7,028
5,144
4,641
+36.6%
Fixed assets
140
179
208
-21.9%
Goodwill
1,485
1,487
1,292
-0.2%
Intangible assets
89.6
114
90.9
-21.3%
Cash and equivalents
257
244
448
+5.6%
Receivables
3,963
2,450
1,974
+61.8%
Other assets
1,093
671
628
+62.9%
Total assets
7,028
5,144
4,641
+36.6%
10-K for the year ended 31 December 2021, filed 23 February 2022: the filing.