C.H. Robinson Worldwide Reports 58.2% Decrease in Total Revenue for FY 2022 Q4
March 19, 2023
Earnings Overview
On February 1 2023, C.H. ROBINSON WORLDWIDE ($BER:CH1A) revealed their fourth quarter earnings results for fiscal year 2022, with total revenue coming in at USD 96.2 million, representing a decrease of 58.2% from the same period in the prior year. Net income was reported to be USD 5066.8 million, showing a drop of 22.1% compared to the year before.
Stock Price
The stock opened at €91.0 and closed at €91.0, up by 2.8% from the prior closing price of 88.5. The decrease in total revenue was 58.2%. Despite the decrease in total revenue, the company saw overall success in some areas, with a slight increase in profits and positive customer sentiment. The stock price increase of 2.8% can be attributed to the successful quarter, despite the decrease in revenue. Investors were encouraged to see positive signs, indicating that the company is still doing well despite the difficult economic climate. C.H. ROBINSON WORLDWIDE is taking steps to ensure they remain successful in the future.
They are investing in new technologies and services to help them better adapt to changing market conditions and customer needs. They are also expanding their presence in new markets, allowing them to capitalize on untapped potential. Investors remain cautiously optimistic about the company’s prospects in the future, and the stock price increase is indicative of this optimism. The company is taking proactive steps to ensure their continued success, and investors are eager to see how these strategies will pay off in the coming quarters. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CH1A. More…
| Total Revenues | Net Income | Net Margin |
| 24.7k | 940.52 | 3.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CH1A. More…
| Operations | Investing | Financing |
| 1.65k | -64.92 | -1.62k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CH1A. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.95k | 4.6k | 11.64 |
Key Ratios Snapshot
Some of the financial key ratios for CH1A are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.3% | 17.0% | 5.1% |
| FCF Margin | ROE | ROA |
| 6.2% | 52.2% | 13.3% |
Analysis
At GoodWhale we recently conducted an analysis of C.H. ROBINSON WORLDWIDE’s wellbeing. We found that the company is a medium risk investment in terms of financial and business aspects based on our Risk Rating. Additionally, we have detected 2 risk warnings in the company’s balance sheet, which are non financial in nature. If you are interested in learning more about these risk warnings, please sign up as a registered user on our website. This will allow you to gain access to further information and analysis of C.H. ROBINSON WORLDWIDE. More…
Summary
C.H. Robinson Worldwide (CHRW) reported its fourth quarter earnings for fiscal year 2022 on February 1, 2023, showing a decrease in total revenue of 58.2% compared to the same period in the previous year, amounting to USD 96.2 million in total. Net income was reported at USD 5066.8 million, a drop of 22.1% year over year. Investors should monitor CHRW’s future financial results and operations metrics to ensure the company can remain profitable amidst the current economic conditions.
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