Discontinued — last reported Q3 '24
Business Segments · Income tax benefits(3)
Global Forwarding — Income tax benefits(3)
C.H. Robinson Worldwide Global Forwarding — Income tax benefits(3) decreased by 2667.8% to -$5.50M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 2667.8%, from -$198.75K to -$5.50M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ3 2024
Rolls up toIncome Tax
How to read this metric
An increase in benefits improves the segment's net profitability and cash flow position.
Detailed definition
Reflects tax credits, deductions, or adjustments specifically applicable to the Global Forwarding segment that reduce th...
Peer comparison
Similar to 'Segment tax benefit' or 'Effective tax rate adjustments' in segment reporting.
Metric ID:
chrw_segment_global_forwarding_income_tax_benefits_3Historical Data
5 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q3 '24 | |
|---|---|---|---|---|---|
| Value | -$198.75K | -$198.75K | -$198.75K | -$198.75K | -$5.50M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | <-999% |
| YoY Change | — | — | — | — | <-999% |
Range-$5.50M – -$198.75K
CAGR>999%
Avg YoY Growth<-999%
Median YoY Growth<-999%
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Frequently Asked Questions
- What is C.H. Robinson Worldwide's global forwarding — income tax benefits(3)?
- C.H. Robinson Worldwide (CHRW) reported global forwarding — income tax benefits(3) of -$5.50M in Q3 2024.
- How has C.H. Robinson Worldwide's global forwarding — income tax benefits(3) changed year-over-year?
- C.H. Robinson Worldwide's global forwarding — income tax benefits(3) decreased by 2667.8% year-over-year, from -$198.75K to -$5.50M.
- What does global forwarding — income tax benefits(3) mean?
- Tax savings or benefits specifically attributed to the Global Forwarding segment.