C.H. Robinson Worldwide (CHRW) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter a year ago. The positive direction marks a reversal from the declining trend seen in the preceding three quarters.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter increased compared to both the prior quarter and the same quarter a year ago. The positive direction marks a reversal from the declining trend seen in the preceding three quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.5B
Revenue reported for this quarter.
Quarter-over-quarter
+1.6%
Change from the immediately preceding quarter.
Year-over-year
+1.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$17.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $4.3B | -27.8% |
| Dec 31, 2023 | $4.2B | -16.7% |
| Mar 31, 2024 | $4.4B | -4.3% |
| Jun 30, 2024 | $4.5B | +1.4% |
Revenue performance
Revenue was higher than the immediately preceding quarter, continuing the recovery from the prior period's decline.
Quarterly comparison
Compared with the same quarter one year earlier, revenue also increased, reflecting a year-over-year improvement.
What to watch
Monitor whether the company can sustain this revenue growth trajectory after a prolonged period of declines.