C.H. Robinson Q3 operating income rises 58.7% to $180.1 million
C.H. Robinson reported third-quarter 2024 results for the quarter ended September 30, 2024, with total revenues up 7.0% to $4.6 billion and income from operations up 58.7% to $180.1 million. Diluted EPS rose 17.6% to $0.80 and adjusted EPS rose 45.5% to $1.28, though results include a $57.0 million loss on the planned divestiture of its Europe Surface Transportation business. Cash generated by operations fell $97.2 million to $108.1 million, which the company attributed to higher net operating working capital tied to higher ocean rates.
Key points
- Total revenues rose 7.0% to $4.6 billion; gross profit rose 15.5% to $723.8 million
- Income from operations rose 58.7% to $180.1 million; net income was $97.2 million, up 18.6%
- Diluted EPS was $0.80 (up 17.6%); adjusted EPS was $1.28 (up 45.5%)
- Cash from operations fell $97.2 million to $108.1 million; the company expects full-year 2024 effective tax rate of 18% to 20%
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.