Should I Consider Buying CHRW Stock? [2023]

By Arpi Sinha 

 Feb 20, 2023

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C.H. Robinson Worldwide, Inc.

CHRW is a leading third-party logistics provider that offers transportation and logistics services to customers worldwide. 

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The company's services include truckload, less-than-truckload, intermodal, ocean, air, customs brokerage, and other logistics solutions. 

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CHRW Stock Price

On February 17, 2023, CHRW stock closed at $101.17, with a market cap of approximately $12.21 billion. The company's 52-week range is $86.60 to $121.23.

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The company's financials have been impressive, with a strong balance sheet and stable revenue growth over the past five years. 

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In 2022, CHRW reported total revenues of $24.6 billion, up 6.5%, and net income was $0.94 billion, up 11% from the previous year. 

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One area of concern for CHRW is its increasing operating expenses, particularly in the areas of technology and marketing. 

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With a forward P/E ratio of 20.92, CHRW appears to be reasonably priced given its growth prospects and current financial position. 

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