C. H. Robinson Worldwide (CHRW) FY2022 results: revenue $24.7 billion, up 6.9% on the year
C. H. Robinson Worldwide, Inc. (CHRW) reported revenue of $24.7 billion for fiscal 2022, the year ended 31 December 2022, up 6.9% on the year before. Net income was $941 million, up 11.4%, and diluted earnings per share $7.40. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2023.
Revenue
$24.7 billion
+6.9% on the year
FY2015FY2022
Operating margin
5.1%
4.7% a year earlier
FY2015FY2022
Net income
$941 million
+11.4% on the year
FY2015FY2022
Diluted EPS
$7.40
+17.3% on the year
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,650
95.0
499
+1,637.8%
Capital expenditure
61.9
34.2
23.1
+81.1%
Free cash flow
1,588
60.8
476
+2,514.1%
Free cash flow margin
6.4%
0.3%
2.9%
Cash from investing
-64.9
-85.7
-272
Cash from financing
-1,620
7.6
-441
Depreciation and amortisation
92.8
91.3
102
+1.7%
Share-based compensation
90.7
130
44.0
-30.2%
Buybacks
1,460
582
178
+150.9%
Dividends paid
285
277
210
+2.9%
Dividend per share
$2.26
$2.08
$2.04
+8.7%
Diluted shares, weighted
127m
134m
136m
-5.0%
Shares outstanding at period end
116m
129m
134m
-10.0%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,353
2,022
1,880
-33.1%
Debt
1,974
1,919
1,093
+2.9%
Operating lease liabilities
314
241
269
+30.0%
Other liabilities
2,314
2,846
1,902
-18.7%
Total liabilities and equity
5,955
7,028
5,144
-15.3%
Fixed assets
159
140
179
+14.0%
Goodwill
1,471
1,485
1,487
-0.9%
Intangible assets
64.0
89.6
114
-28.5%
Cash and equivalents
217
257
244
-15.5%
Receivables
2,992
3,963
2,450
-24.5%
Other assets
1,051
1,093
671
-3.8%
Total assets
5,955
7,028
5,144
-15.3%
10-K for the year ended 31 December 2022, filed 17 February 2023: the filing.