CHRW vs EXPD: CH Robinson Worldwide and Expeditors International of Washington compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Expeditors International of Washington is the larger company, worth $25.5B, about 1.5 times CH Robinson Worldwide.
- Expeditors International of Washington grew revenue faster over the last year (+32.1% vs +19.3%).
- Expeditors International of Washington keeps more of each dollar of revenue as operating profit (9.8% vs 4.9%).
- On earnings, CH Robinson Worldwide is the cheaper stock (28.9x vs 31.5x).
- Expeditors International of Washington's price assumes faster free cash flow growth: about 9% a year, against 5% for CH Robinson Worldwide (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | CHRW | EXPD |
|---|---|---|
| Market cap | $16.8B | $25.5B |
| Share price | $142.31 | $193.24 |
| Revenue (last fiscal year) | $16.2B | $11.1B |
| Free cash flow (last fiscal year) | $844M | $953M |
| Revenue growth, last year | +19.3% | +32.1% |
| Revenue growth per year, last 5 fiscal years | -8.4% | -9.5% |
| Operating margin | 4.9% | 9.8% |
| Net margin | 3.7% | 7.6% |
| Return on equity | 38.9% | 43.4% |
| P/E (trailing) | 28.9x | 31.5x |
| Price / free cash flow | 18.8x | 26.7x |
| EV / EBITDA | 21.9x | 19.5x |
| FCF growth the price implies | 4.9% | 8.8% |
| Dividend yield | 1.8% | 0.78% |
| Debt / equity | 2.59x | 1.42x |
| Fundamental grade | C | C |
| Superinvestors holding it | 3 | 3 |
| Insider purchases, last 12 months | 10 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
CH Robinson Worldwide
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $23.1B | $24M | 4.7% |
| 2022 | $24.7B | $1.5B | 5.1% |
| 2023 | $17.6B | $648M | 2.9% |
| 2024 | $17.7B | $435M | 3.8% |
| 2025 | $16.2B | $844M | 4.9% |
Expeditors International of Washington
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $16.5B | $832M | 11.6% |
| 2022 | $17.1B | $2.0B | 10.7% |
| 2023 | $9.3B | $1.0B | 10.1% |
| 2024 | $10.6B | $683M | 9.8% |
| 2025 | $11.1B | $953M | 9.5% |
Where the revenue comes from
CH Robinson Worldwide · by segments, 2025
Expeditors International of Washington · by products, 2025
Questions
Which is bigger, CH Robinson Worldwide or Expeditors International of Washington?
Expeditors International of Washington (EXPD), at $25.5B against $16.8B.
Is CHRW or EXPD cheaper?
By trailing P/E, CH Robinson Worldwide (28.9x) is cheaper than Expeditors International of Washington (31.5x). A lower multiple can also mean the market expects less growth.
Which grows faster, CHRW or EXPD?
Expeditors International of Washington: revenue grew +32.1% over the last year, against +19.3%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.