C.H. Robinson said 2024 total revenues increased 0.7% to $17.7 billion, and adjusted gross profits increased 6.2% to $2.8 billion. Net income rose 43.2% to $465.7 million, and diluted earnings per share increased 41.9% to $3.86.

1. 01

   C.H. Robinson said 2024 total revenues increased 0.7% to $17.7 billion, and adjusted gross profits increased 6.2% to $2.8 billion. Net income rose 43.2% to $465.7 million, and diluted earnings per share increased 41.9% to $3.86.

2. 02

   The company said 2024 income from operations totaled $669.1 million, up 30.0% from the prior year. Adjusted operating margin was 24.2%, up 440 basis points, as the company said the increase in adjusted gross profits was partially offset by an increase in operating expenses.

3. 03

   C.H. Robinson cited higher adjusted gross profit per transaction in truckload and ocean services as factors driving the increase in adjusted gross profits. Average truckload linehaul rate charged to customers, excluding fuel surcharges, decreased approximately 5.0%, while truckload linehaul cost per mile, excluding fuel surcharges, decreased approximately 5.5%, and ocean freight volumes increased 5.5%.

4. 04

   The company said 2024 other SG&A expenses included a $44.5 million loss on the divestiture of its Europe Surface Transportation business, and 2024 included $24.1 million in severance and related personnel expenses and $21.9 million in other SG&A expenses related to its Restructuring Program. The divestiture was completed in February 2025.

Key figures

Fiscal year ended December 31, 2024

Revenue

$17.7B

Operating income

$669M

Net income

$466M

EPS

$3.86

Operating cash flow

$509M

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.