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Side-by-side financial comparison of C.H. Robinson (CHRW) and NetEase, Inc. (NTES). Click either name above to swap in a different company.

NetEase, Inc. is the larger business by last-quarter revenue ($4.0B vs $3.9B, roughly 1.0× C.H. Robinson). NetEase, Inc. runs the higher net margin — 31.0% vs 3.5%, a 27.5% gap on every dollar of revenue. NetEase, Inc. produced more free cash flow last quarter ($1.8B vs $302.4M). Over the past eight quarters, NetEase, Inc.'s revenue compounded faster (9.7% CAGR vs -5.8%).

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.

NetEase, Inc. is a Chinese developer and publisher of online PC and mobile games, advertising services, email services, and e-commerce platforms. It is one of the largest Internet and video game companies in the world and was founded by Ding Lei in June 1997.

CHRW vs NTES — Head-to-Head

Bigger by revenue
NTES
NTES
1.0× larger
NTES
$4.0B
$3.9B
CHRW
Higher net margin
NTES
NTES
27.5% more per $
NTES
31.0%
3.5%
CHRW
More free cash flow
NTES
NTES
$1.5B more FCF
NTES
$1.8B
$302.4M
CHRW
Faster 2-yr revenue CAGR
NTES
NTES
Annualised
NTES
9.7%
-5.8%
CHRW

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CHRW
CHRW
NTES
NTES
Revenue
$3.9B
$4.0B
Net Profit
$136.3M
$1.2B
Gross Margin
64.1%
Operating Margin
4.6%
28.3%
Net Margin
3.5%
31.0%
Revenue YoY
-6.5%
Net Profit YoY
-8.7%
EPS (diluted)
$1.12

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
NTES
NTES
Q4 25
$3.9B
Q3 25
$4.1B
$4.0B
Q2 25
$4.1B
$3.9B
Q1 25
$4.0B
$4.0B
Q4 24
$4.2B
Q3 24
$4.6B
$3.7B
Q2 24
$4.5B
$3.5B
Q1 24
$4.4B
$3.7B
Net Profit
CHRW
CHRW
NTES
NTES
Q4 25
$136.3M
Q3 25
$163.0M
$1.2B
Q2 25
$152.5M
$1.3B
Q1 25
$135.3M
$1.5B
Q4 24
$149.3M
Q3 24
$97.2M
$955.7M
Q2 24
$126.3M
$939.6M
Q1 24
$92.9M
$1.1B
Gross Margin
CHRW
CHRW
NTES
NTES
Q4 25
Q3 25
64.1%
Q2 25
64.7%
Q1 25
64.1%
Q4 24
Q3 24
62.9%
Q2 24
62.9%
Q1 24
63.4%
Operating Margin
CHRW
CHRW
NTES
NTES
Q4 25
4.6%
Q3 25
5.3%
28.3%
Q2 25
5.2%
32.5%
Q1 25
4.4%
36.2%
Q4 24
4.4%
Q3 24
3.9%
27.3%
Q2 24
4.0%
27.4%
Q1 24
2.9%
28.4%
Net Margin
CHRW
CHRW
NTES
NTES
Q4 25
3.5%
Q3 25
3.9%
31.0%
Q2 25
3.7%
32.6%
Q1 25
3.3%
36.6%
Q4 24
3.6%
Q3 24
2.1%
25.6%
Q2 24
2.8%
26.8%
Q1 24
2.1%
29.1%
EPS (diluted)
CHRW
CHRW
NTES
NTES
Q4 25
$1.12
Q3 25
$1.34
Q2 25
$1.26
Q1 25
$1.11
Q4 24
$1.23
Q3 24
$0.80
Q2 24
$1.05
Q1 24
$0.78

Balance Sheet & Financial Strength

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

Metric
CHRW
CHRW
NTES
NTES
Cash + ST InvestmentsLiquidity on hand
$160.9M
$31.3B
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$1.8B
$160.8B
Total Assets
$5.1B
$214.5B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHRW
CHRW
NTES
NTES
Q4 25
$160.9M
Q3 25
$136.8M
$31.3B
Q2 25
$156.0M
$54.4B
Q1 25
$129.9M
$41.7B
Q4 24
$145.8M
Q3 24
$131.7M
$20.2B
Q2 24
$113.2M
$19.0B
Q1 24
$121.8M
$43.0B
Total Debt
CHRW
CHRW
NTES
NTES
Q4 25
$1.1B
Q3 25
$1.2B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.6B
Q2 24
$1.6B
Q1 24
$1.7B
Stockholders' Equity
CHRW
CHRW
NTES
NTES
Q4 25
$1.8B
Q3 25
$1.9B
$160.8B
Q2 25
$1.8B
$154.0B
Q1 25
$1.7B
$147.8B
Q4 24
$1.7B
Q3 24
$1.6B
$135.6B
Q2 24
$1.5B
$134.2B
Q1 24
$1.4B
$130.5B
Total Assets
CHRW
CHRW
NTES
NTES
Q4 25
$5.1B
Q3 25
$5.2B
$214.5B
Q2 25
$5.3B
$208.5B
Q1 25
$5.2B
$200.9B
Q4 24
$5.3B
Q3 24
$5.6B
$184.9B
Q2 24
$5.5B
$183.3B
Q1 24
$5.5B
$195.1B
Debt / Equity
CHRW
CHRW
NTES
NTES
Q4 25
0.59×
Q3 25
0.64×
Q2 25
0.76×
Q1 25
0.80×
Q4 24
0.80×
Q3 24
0.95×
Q2 24
1.07×
Q1 24
1.19×

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
NTES
NTES
Operating Cash FlowLast quarter
$305.4M
$1.8B
Free Cash FlowOCF − Capex
$302.4M
$1.8B
FCF MarginFCF / Revenue
7.7%
44.7%
Capex IntensityCapex / Revenue
0.1%
1.0%
Cash ConversionOCF / Net Profit
2.24×
1.47×
TTM Free Cash FlowTrailing 4 quarters
$894.9M
$6.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHRW
CHRW
NTES
NTES
Q4 25
$305.4M
Q3 25
$275.4M
$1.8B
Q2 25
$227.1M
$1.5B
Q1 25
$106.5M
$1.7B
Q4 24
$267.9M
Q3 24
$108.1M
$1.5B
Q2 24
$166.4M
$898.8M
Q1 24
$-33.3M
$1.3B
Free Cash Flow
CHRW
CHRW
NTES
NTES
Q4 25
$302.4M
Q3 25
$269.5M
$1.8B
Q2 25
$219.8M
$1.5B
Q1 25
$103.2M
$1.6B
Q4 24
$265.3M
Q3 24
$103.3M
$1.5B
Q2 24
$159.8M
$875.6M
Q1 24
$-41.9M
$1.3B
FCF Margin
CHRW
CHRW
NTES
NTES
Q4 25
7.7%
Q3 25
6.5%
44.7%
Q2 25
5.3%
38.3%
Q1 25
2.5%
40.4%
Q4 24
6.3%
Q3 24
2.2%
38.9%
Q2 24
3.6%
25.0%
Q1 24
-1.0%
34.0%
Capex Intensity
CHRW
CHRW
NTES
NTES
Q4 25
0.1%
Q3 25
0.1%
1.0%
Q2 25
0.2%
0.7%
Q1 25
0.1%
1.6%
Q4 24
0.1%
Q3 24
0.1%
1.4%
Q2 24
0.1%
0.7%
Q1 24
0.2%
1.5%
Cash Conversion
CHRW
CHRW
NTES
NTES
Q4 25
2.24×
Q3 25
1.69×
1.47×
Q2 25
1.49×
1.20×
Q1 25
0.79×
1.15×
Q4 24
1.79×
Q3 24
1.11×
1.58×
Q2 24
1.32×
0.96×
Q1 24
-0.36×
1.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CHRW
CHRW

North American Service Transportation NAST$2.8B72%
Global Forwarding$731.0M19%
Sourcing$340.9M9%

NTES
NTES

Games and related value-added services$3.3B82%
NetEase Cloud Music$275.9M7%
Youdao$228.8M6%
Innovative businesses and others$202.1M5%

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