vs

Side-by-side financial comparison of C.H. Robinson (CHRW) and M&T Bank (MTB). Click either name above to swap in a different company.

C.H. Robinson is the larger business by last-quarter revenue ($4.0B vs $2.5B, roughly 1.6× M&T Bank). M&T Bank runs the higher net margin — 30.7% vs 3.7%, a 27.0% gap on every dollar of revenue. On growth, M&T Bank posted the faster year-over-year revenue change (3.8% vs -0.8%). Over the past eight quarters, M&T Bank's revenue compounded faster (4.6% CAGR vs -5.4%).

C.H. Robinson Worldwide, Inc. is an American transportation company that includes third-party logistics (3PL). The company offers freight transportation, transportation management, brokerage and warehousing. It offers truckload, less than truckload, air freight, intermodal, and ocean transportation.

M&T Bank Corporation is an American bank holding company headquartered in Buffalo, New York. It operates 950+ branches in 12 states and Washington D.C. across the Eastern United States, from Maine to Virginia. Until May 1998, the bank's holding company was named First Empire State Corporation.

CHRW vs MTB — Head-to-Head

Bigger by revenue
CHRW
CHRW
1.6× larger
CHRW
$4.0B
$2.5B
MTB
Growing faster (revenue YoY)
MTB
MTB
+4.6% gap
MTB
3.8%
-0.8%
CHRW
Higher net margin
MTB
MTB
27.0% more per $
MTB
30.7%
3.7%
CHRW
Faster 2-yr revenue CAGR
MTB
MTB
Annualised
MTB
4.6%
-5.4%
CHRW

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CHRW
CHRW
MTB
MTB
Revenue
$4.0B
$2.5B
Net Profit
$147.2M
$759.0M
Gross Margin
16.1%
Operating Margin
3.6%
39.2%
Net Margin
3.7%
30.7%
Revenue YoY
-0.8%
3.8%
Net Profit YoY
11.5%
EPS (diluted)
$4.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CHRW
CHRW
MTB
MTB
Q1 26
$4.0B
Q4 25
$3.9B
$2.5B
Q3 25
$4.1B
$2.5B
Q2 25
$4.1B
$2.4B
Q1 25
$4.0B
$2.3B
Q4 24
$4.2B
$2.4B
Q3 24
$4.6B
$2.3B
Q2 24
$4.5B
$2.3B
Net Profit
CHRW
CHRW
MTB
MTB
Q1 26
$147.2M
Q4 25
$136.3M
$759.0M
Q3 25
$163.0M
$792.0M
Q2 25
$152.5M
$716.0M
Q1 25
$135.3M
$584.0M
Q4 24
$149.3M
$681.0M
Q3 24
$97.2M
$721.0M
Q2 24
$126.3M
$655.0M
Gross Margin
CHRW
CHRW
MTB
MTB
Q1 26
16.1%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
CHRW
CHRW
MTB
MTB
Q1 26
3.6%
Q4 25
4.6%
39.2%
Q3 25
5.3%
40.8%
Q2 25
5.2%
39.0%
Q1 25
4.4%
33.0%
Q4 24
4.4%
37.0%
Q3 24
3.9%
39.0%
Q2 24
4.0%
37.1%
Net Margin
CHRW
CHRW
MTB
MTB
Q1 26
3.7%
Q4 25
3.5%
30.7%
Q3 25
3.9%
31.5%
Q2 25
3.7%
29.9%
Q1 25
3.3%
25.3%
Q4 24
3.6%
28.6%
Q3 24
2.1%
30.9%
Q2 24
2.8%
28.5%
EPS (diluted)
CHRW
CHRW
MTB
MTB
Q1 26
Q4 25
$1.12
$4.62
Q3 25
$1.34
$4.82
Q2 25
$1.26
$4.24
Q1 25
$1.11
$3.32
Q4 24
$1.23
$3.87
Q3 24
$0.80
$4.02
Q2 24
$1.05
$3.73

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CHRW
CHRW
MTB
MTB
Cash + ST InvestmentsLiquidity on hand
$159.7M
Total DebtLower is stronger
$1.3B
$10.9B
Stockholders' EquityBook value
$29.2B
Total Assets
$5.2B
$213.5B
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHRW
CHRW
MTB
MTB
Q1 26
$159.7M
Q4 25
$160.9M
Q3 25
$136.8M
Q2 25
$156.0M
Q1 25
$129.9M
Q4 24
$145.8M
Q3 24
$131.7M
Q2 24
$113.2M
Total Debt
CHRW
CHRW
MTB
MTB
Q1 26
$1.3B
Q4 25
$1.1B
$10.9B
Q3 25
$1.2B
$12.9B
Q2 25
$1.4B
$12.4B
Q1 25
$1.4B
$10.5B
Q4 24
$1.4B
$12.6B
Q3 24
$1.6B
$11.6B
Q2 24
$1.6B
$11.3B
Stockholders' Equity
CHRW
CHRW
MTB
MTB
Q1 26
Q4 25
$1.8B
$29.2B
Q3 25
$1.9B
$28.7B
Q2 25
$1.8B
$28.5B
Q1 25
$1.7B
$29.0B
Q4 24
$1.7B
$29.0B
Q3 24
$1.6B
$28.9B
Q2 24
$1.5B
$28.4B
Total Assets
CHRW
CHRW
MTB
MTB
Q1 26
$5.2B
Q4 25
$5.1B
$213.5B
Q3 25
$5.2B
$211.3B
Q2 25
$5.3B
$211.6B
Q1 25
$5.2B
$210.3B
Q4 24
$5.3B
$208.1B
Q3 24
$5.6B
$211.8B
Q2 24
$5.5B
$208.9B
Debt / Equity
CHRW
CHRW
MTB
MTB
Q1 26
Q4 25
0.59×
0.37×
Q3 25
0.64×
0.45×
Q2 25
0.76×
0.43×
Q1 25
0.80×
0.36×
Q4 24
0.80×
0.43×
Q3 24
0.95×
0.40×
Q2 24
1.07×
0.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CHRW
CHRW
MTB
MTB
Operating Cash FlowLast quarter
$68.6M
$3.0B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.47×
3.96×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHRW
CHRW
MTB
MTB
Q1 26
$68.6M
Q4 25
$305.4M
$3.0B
Q3 25
$275.4M
$1.0B
Q2 25
$227.1M
$844.0M
Q1 25
$106.5M
$635.0M
Q4 24
$267.9M
$3.6B
Q3 24
$108.1M
$-28.0M
Q2 24
$166.4M
$1.4B
Free Cash Flow
CHRW
CHRW
MTB
MTB
Q1 26
Q4 25
$302.4M
Q3 25
$269.5M
Q2 25
$219.8M
Q1 25
$103.2M
Q4 24
$265.3M
Q3 24
$103.3M
Q2 24
$159.8M
FCF Margin
CHRW
CHRW
MTB
MTB
Q1 26
Q4 25
7.7%
Q3 25
6.5%
Q2 25
5.3%
Q1 25
2.5%
Q4 24
6.3%
Q3 24
2.2%
Q2 24
3.6%
Capex Intensity
CHRW
CHRW
MTB
MTB
Q1 26
Q4 25
0.1%
Q3 25
0.1%
Q2 25
0.2%
Q1 25
0.1%
Q4 24
0.1%
Q3 24
0.1%
Q2 24
0.1%
Cash Conversion
CHRW
CHRW
MTB
MTB
Q1 26
0.47×
Q4 25
2.24×
3.96×
Q3 25
1.69×
1.26×
Q2 25
1.49×
1.18×
Q1 25
0.79×
1.09×
Q4 24
1.79×
5.30×
Q3 24
1.11×
-0.04×
Q2 24
1.32×
2.07×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CHRW
CHRW

Transportation$3.6B91%
Sourcing$369.2M9%

MTB
MTB

Segment breakdown not available.

Related Comparisons