ArcBest Corporation (ARCB) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 26	$2.26	$2.38	+5.3%	—	—	—
Q2 26	$0.29	$0.32	+10.3%	—	—	—
Q1 26	$1.37	$1.46	+6.6%	—	—	—
Q4 25	$1.46	$1.36	-6.8%	—	—	—
Q3 25	$0.52	$0.51	-1.9%	—	—	—
Q2 25	$1.05	$1.33	+26.7%	—	—	—
Q1 25	$1.85	$1.64	-11.4%	—	—	—
Q4 24	$2.06	$1.98	-3.9%	—	—	—
Q3 24	$1.53	$1.34	-12.4%	—	—	—
Q2 24	$2.23	$2.47	+10.8%	—	—	—
Q1 24	$1.5	$2.31	+54.0%	—	—	—
Q4 23	$2.02	$1.54	-23.8%	—	—	—
Q3 23	$1.96	$1.58	-19.4%	—	—	—
Q2 23	$2.53	$2.45	-3.2%	—	—	—
Q1 23	$3.72	$3.8	+2.2%	—	—	—
Q4 22	$3.95	$4.3	+8.9%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$2.63	—	—	$4B	—
FY24	—	$7.3	—	—	$4.2B	—
FY23	—	$8.14	—	—	$4.4B	—
FY22	—	$12.1	—	—	$5B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$2.7B	$2.8B	$3.1B	$3B	$2.9B	$3.8B	$5B	$4.4B	$4.2B	$4B
YoY change	+1.25%	+4.68%	+9.46%	-3.41%	-1.61%	+28.1%	+33.5%	-12%	-5.61%	-4.04%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	2.7B	2.8B	3.1B	3B	2.9B	3.8B	5B	4.4B	4.2B	4B
Cost of revenue	2.5B	2.6B	2.8B	2.8B	2.7B	3.4B	4.5B	4B	3.8B	3.7B
Gross profit	162.8M	188.5M	272.7M	216.4M	228.1M	406.3M	573.5M	378.4M	350M	275.3M
Gross margin	6.03%	6.67%	8.81%	7.24%	7.76%	10.8%	11.4%	8.55%	8.38%	6.86%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	357.9M	359.7M	452.2M	—	—	—	—
Operating expenses	118.4M	124.1M	124M	484M	489.6M	581.6M	160.7M	194.8M	194.1M	175.6M
Operating income	44.4M	64.3M	148.7M	90.3M	98.3M	277M	412.8M	183.7M	155.9M	99.7M
Operating margin	1.64%	2.28%	4.81%	3.02%	3.34%	7.35%	8.21%	4.15%	3.73%	2.49%
Non-operating income, net	-12.5M	-7.7M	-58.7M	-33.8M	2.3M	3.8M	-20.7M	-2.4M	60.2M	-9M
Pretax income	28.3M	51.6M	84.4M	51.5M	92.5M	273.1M	388.3M	186.9M	218.7M	83.1M
Income tax	9.6M	-8.2M	17.1M	11.5M	21.4M	62.6M	93.7M	44.8M	45.4M	23M
Net income	18.7M	59.7M	67.3M	40M	71.1M	213.5M	298.2M	195.4M	174M	60.1M
Net margin	0.69%	2.11%	2.17%	1.34%	2.42%	5.67%	5.93%	4.41%	4.16%	1.5%
EBITDA	146.8M	163.9M	242.1M	201.9M	222.6M	406.2M	554.4M	352.8M	288.2M	275.2M
EPS	0.72	2.32	2.61	1.56	2.8	8.38	12.1	8.14	7.3	2.63
Diluted EPS	0.71	2.25	2.51	1.51	2.69	7.98	11.7	7.93	7.3	2.63

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.1B	1.1B	1B	1.1B	1.1B	1B	967.1M	1B	1B	972.7M	998.8M	1.2B
Cost of revenue	1B	973.8M	961.2M	977.8M	971.1M	918.9M	911.6M	938.1M	962M	923.2M	948.5M	1.1B
Gross profit	102.1M	115.7M	75.2M	100M	92M	82.8M	55.5M	84.1M	86.1M	49.5M	50.3M	115M
Gross margin	9.04%	10.6%	7.26%	9.28%	8.66%	8.26%	5.74%	8.23%	8.22%	5.09%	5.04%	9.71%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	—	—	—	—	—	—	—
Operating expenses	44.6M	57.8M	45.5M	47.3M	48.9M	52.4M	48.9M	49.5M	47.2M	30M	46.9M	48.2M
Operating income	57.4M	58M	29.8M	52.7M	43.1M	30.4M	6.6M	34.7M	38.9M	19.5M	3.4M	66.8M
Operating margin	5.09%	5.32%	2.87%	4.89%	4.05%	3.03%	0.69%	3.39%	3.71%	2%	0.34%	5.64%
Non-operating income, net	-12.2M	8.1M	-35.5M	-4.6M	92.8M	7.6M	-851K	3.2M	16.5M	-27.9M	-1.2M	-85.3M
Pretax income	46.9M	67.8M	-4.7M	49.2M	136.7M	37.5M	4.2M	36M	53.5M	-10.6M	-1.3M	-21M
Income tax	12M	19M	-1.8M	2.3M	36.4M	8.4M	1M	10.2M	14.2M	-2.4M	-297K	-7.1M
Net income	34.9M	48.8M	-2.3M	46.9M	100.3M	29M	3.1M	25.8M	39.3M	-8.1M	-1M	-13.8M
Net margin	3.09%	4.48%	-0.22%	4.35%	9.44%	2.9%	0.32%	2.52%	3.75%	-0.83%	-0.1%	-1.17%
EBITDA	98.6M	101.2M	41.7M	91.4M	83.7M	71.4M	46.9M	77.2M	85.5M	65.5M	47.3M	114.6M
EPS	1.45	2.06	-0.1	1.96	4.25	1.24	0.13	1.12	1.73	-0.36	-0.05	-0.62
Diluted EPS	1.42	2.01	-0.1	1.96	4.23	1.24	0.13	1.12	1.72	-0.36	-0.05	-0.62

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	712M	918.2M	879.8M	704.8M	1.1B	3.1B	1.7B	2.9B	2.2B	1.7B	2.8B
Enterprise value	784.6M	1B	874.5M	782.4M	1.1B	3.3B	1.8B	3B	2.5B	2B	3.1B
Shares outstanding	25.8M	25.7M	25.7M	25.5M	25.4M	25.5M	24.6M	24M	23.6M	22.8M	22.8M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	38.2	15.4	13.1	17.6	15.2	14.3	5.77	14.8	12.6	28.2	181.5
P/S	0.26	0.32	0.28	0.24	0.37	0.81	0.34	0.65	0.53	0.42	0.68
P/B	1.19	1.41	1.23	0.92	1.31	3.29	1.5	2.32	1.67	1.31	2.24
EV/EBITDA	5.34	6.16	3.61	3.87	5.02	8.04	3.31	8.49	8.51	7.39	10.7
EV/Sales	0.29	0.36	0.28	0.26	0.38	0.87	0.36	0.68	0.59	0.51	0.73
Earnings yield	2.62%	6.5%	7.65%	5.67%	6.56%	6.99%	17.3%	6.77%	7.91%	3.55%	0.55%
FCF yield	4.66%	8.31%	22.9%	9.64%	13.7%	8.03%	17.7%	3.12%	2.09%	5.95%	5.22%
PEG	—	—	—	—	—	—	—	—	—	—	-1.17

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	6.03%	6.67%	8.81%	7.24%	7.76%	10.8%	11.4%	8.55%	8.38%	6.86%	9.71%
Operating margin	1.64%	2.28%	4.81%	3.02%	3.34%	7.35%	8.21%	4.15%	3.73%	2.49%	5.43%
Net margin	0.69%	2.11%	2.17%	1.34%	2.42%	5.67%	5.93%	4.41%	4.16%	1.5%	0.39%
ROE	3.11%	9.17%	9.37%	5.24%	8.58%	23%	25.9%	15.7%	13.2%	4.64%	1.27%
ROA	1.45%	4.37%	4.37%	2.42%	4%	10.1%	12%	7.86%	7.16%	2.45%	2.81%
ROIC	4.36%	8.65%	16.6%	8.34%	8.76%	18.7%	24.8%	10.3%	7.87%	4.41%	6.51%
Return on tangible assets	2.06%	5.96%	5.68%	2.95%	4.76%	17%	18%	11.7%	10.6%	3.53%	0.92%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.24	1.3	1.44	1.5	1.5	1.1	1.29	1.26	1.01	—	0.97
Quick ratio	1.24	1.3	1.44	1.5	1.5	1.1	1.29	1.26	1.01	—	0.97
Debt / equity	0.41	0.41	0.41	0.52	0.49	0.36	0.38	0.35	0.31	0.36	0.36
Debt / assets	0.19	0.2	0.19	0.24	0.23	0.16	0.18	0.18	0.17	0.19	0.19
Net debt / EBITDA	0.49	0.56	-0.02	0.38	0.15	0.52	0.2	0.31	0.89	1.24	0.93
Interest coverage	6.49	9.13	9.91	5.49	8.91	31.6	51.3	21.6	25.4	7.72	2.44
Effective tax rate	34.1%	0%	20.3%	22.3%	23.1%	22.9%	24.1%	23.9%	20.7%	27.7%	21.1%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	104.9	110	120.5	117	115.7	147.9	204.6	184.3	177.4	175.6	187.1
EPS (basic)	0.72	2.32	2.61	1.56	2.8	8.38	12.1	8.14	7.3	2.63	2.63
EPS (diluted)	0.71	2.25	2.51	1.51	2.69	7.98	11.7	7.93	7.3	2.63	0.7
Book value per share	23.3	25.4	27.9	29.9	32.6	36.5	46.8	51.7	55.8	56.7	56.7
FCF per share	1.29	2.97	7.84	2.66	5.84	9.62	12.4	3.75	1.95	4.41	7.72
Cash per share	6.64	6.9	11.6	12.5	14.5	4.91	13.3	13.7	6.67	5.44	7.54
Capex per share	2.31	2.39	1.55	3.03	1.18	1.75	5.23	8.8	8.82	0.59	0.64

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.2%	2.18%	1.28%	2.59%	1.02%	1.18%	2.56%	4.77%	4.97%	0.33%	0.34%
Capex / operating cash flow	56.3%	42.7%	16.2%	53.7%	14.1%	13.2%	27%	74.2%	78.7%	5.85%	5.1%
Payout ratio	44.6%	13.8%	12.3%	20.5%	11.5%	3.81%	3.63%	5.91%	6.49%	18.3%	68.6%
Dividend yield	1.17%	0.9%	0.94%	1.16%	0.75%	0.27%	0.63%	0.4%	0.51%	0.65%	0.38%

Yield

0.38%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.12

ex-dividend Aug 7, 2026

Payout ratio

69%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 7, 2026	$0.12
May 8, 2026	$0.12
Feb 10, 2026	$0.12

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$1.1B	$1.1B	$1B	$1.1B	$1.1B	$1B	$967.1M	$1B	$1B	$972.7M	$998.8M	$1.2B
YoY change	-11.6%	-12.4%	-6.3%	-2.32%	-5.78%	-8.07%	-6.69%	-5.16%	-1.41%	-2.89%	+3.28%	+15.9%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	171.1M	177.2M	297M	318.5M	369.4M	125M	325.9M	330.1M	157.2M	124.2M
Receivables	260.6M	279.1M	297.1M	282.6M	320.9M	582.3M	517.5M	430.1M	394.8M	371M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	491.1M	522.3M	649.2M	664.4M	758.2M	776.1M	989.8M	884.8M	675.6M	626.1M
Property, plant & equipment	532.5M	591.2M	631.2M	752.1M	793.9M	802.6M	966.7M	1.1B	1.3B	1.4B
Goodwill & intangibles	378.8M	363.6M	354.5M	294.3M	286.6M	853.8M	837M	811.8M	786.7M	748.3M
Total assets	1.3B	1.4B	1.5B	1.7B	1.8B	2.1B	2.5B	2.5B	2.4B	2.5B
Accounts payable	133.3M	129.1M	143.8M	134.4M	170.9M	311.4M	269.9M	214M	172.8M	154.5M
Short-term debt	64.1M	61.9M	54.1M	77.6M	88.6M	73.4M	92.5M	99.1M	98.3M	124.3M
Total current liabilities	396.2M	402.6M	451.3M	444.3M	506.5M	702.7M	768.5M	701.6M	666M	—
Long-term debt	179.5M	207M	237.6M	318.5M	315M	263.8M	346.2M	338.6M	315.1M	340.3M
Total liabilities	683M	714.2M	821.5M	888.2M	950.4M	1.2B	1.3B	1.2B	1.1B	500.1M
Shareholders' equity	599.1M	651.5M	717.7M	763M	828.6M	929.1M	1.2B	1.2B	1.3B	1.3B
Total debt	243.7M	268.9M	291.7M	396.1M	403.5M	337.1M	438.7M	437.7M	413.5M	464.6M
Net debt	129.4M	148.1M	101.5M	194.2M	99.6M	260.5M	280.4M	175.5M	286M	362.6M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	340.8M	330.1M	240.9M	260.5M	191.1M	157.2M	98.7M	139.7M	132.6M	124.2M	86.4M	168.4M
Receivables	469.5M	430.1M	433.7M	429.5M	422.9M	394.8M	414.1M	402.3M	408.6M	371M	425.5M	453.8M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	890.1M	884.8M	758.5M	767.2M	691.9M	675.6M	625.2M	638.2M	657.1M	626.1M	643.2M	706.5M
Property, plant & equipment	1B	1.1B	1.1B	1.2B	1.2B	1.3B	1.3B	1.3B	1.4B	1.4B	1.4B	1.3B
Goodwill & intangibles	818.1M	811.8M	805.4M	799M	792.8M	786.7M	780.4M	774.4M	768M	748.3M	743.3M	684.9M
Total assets	2.4B	2.5B	2.4B	2.4B	2.4B	2.4B	2.4B	2.5B	2.5B	2.5B	2.5B	2.5B
Accounts payable	245.9M	214M	209.9M	222.3M	204.7M	172.8M	166.9M	176.9M	164.3M	154.5M	164.2M	198.2M
Short-term debt	98.3M	99.1M	95.2M	91.3M	95.3M	98.3M	100.8M	112.2M	114.1M	124.3M	130.9M	130.7M
Total current liabilities	668.4M	701.6M	618.6M	645.9M	665.6M	666M	624.3M	661.4M	670.5M	656.9M	692M	729.6M
Long-term debt	348.1M	338.6M	323.1M	330.6M	310.4M	315.1M	362.1M	379.2M	346.4M	340.3M	329.2M	329M
Total liabilities	1.2B	1.2B	1.1B	1.2B	1.1B	1.1B	1.1B	1.2B	1.2B	1.2B	1.2B	1.2B
Shareholders' equity	1.2B	1.2B	1.2B	1.2B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B	1.3B
Total debt	446.3M	437.7M	418.2M	421.9M	405.7M	413.5M	462.9M	491.5M	460.5M	464.6M	460.1M	459.8M
Net debt	194.8M	175.5M	245.4M	206.3M	255.2M	286M	388.8M	376.6M	339.9M	362.6M	396M	313.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	18.7M	59.7M	67.3M	40M	71.1M	213.5M	298.2M	195.4M	174M	60.1M
Depreciation & amortization	103.1M	103.1M	108.6M	112.5M	118.4M	124.2M	140M	145.7M	149.1M	170.3M
Stock-based compensation	7.6M	7M	8.4M	9.5M	10.5M	11.4M	12.8M	11.4M	11.4M	10.6M
Change in working capital	-33.3M	-15.6M	58.9M	-23.3M	4.2M	-2.6M	13.3M	27M	-1.8M	-41.2M
Operating cash flow	105.6M	144M	245.1M	144.1M	211.9M	339M	476.3M	284.8M	264M	229M
Capital expenditure	-59.5M	-61.5M	-39.7M	-77.5M	-29.9M	-44.6M	-128.5M	-211.3M	-207.7M	-13.4M
Investing cash flow	-76.7M	-58.6M	-84.9M	-86.8M	21.7M	-283.1M	-243.8M	-109.7M	-170.4M	3.6M
Dividends paid	-8.3M	-8.3M	-8.2M	-8.2M	-8.2M	-8.1M	-10.8M	-11.5M	-11.3M	-11M
Share repurchases	-9.5M	-6M	-9.4M	-9.1M	-6.6M	-83.1M	-65M	-91.5M	-75.2M	-75.6M
Financing cash flow	-75.9M	-77.9M	-91M	-60.4M	68.6M	-247.6M	-128M	-196.6M	-233.3M	-177.7M
Net change in cash	-47M	7.4M	69.2M	-3M	302.2M	-191.8M	104.5M	-21.5M	-139.8M	54.9M
Free cash flow	33.2M	76.3M	201.3M	67.9M	148.5M	245M	305.3M	90.2M	45.8M	100.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	34.9M	48.8M	-2.3M	46.9M	100.3M	29M	3.1M	25.8M	39.3M	-8.1M	-1M	-13.8M
Depreciation & amortization	37.1M	37.4M	36.8M	36.3M	36.6M	39.4M	40M	40.9M	44.4M	45M	44.3M	44.7M
Stock-based compensation	3M	2.8M	2.9M	3.4M	2.7M	2.3M	2.4M	3.8M	2.7M	1.7M	2.1M	2.6M
Change in working capital	3.7M	40.8M	-52.7M	34.2M	20.5M	-3.8M	-70.8M	33.7M	-12.5M	10.5M	-25.6M	26.6M
Operating cash flow	-12M	128.8M	-20.5M	125.8M	89.4M	69.3M	-24.6M	103.2M	99.3M	44.7M	8.5M	129.7M
Capital expenditure	-43.5M	-87.5M	-53.8M	-48.8M	-61.1M	-44.1M	-11.2M	-24.6M	-3.7M	-3.4M	-3.6M	-3.7M
Investing cash flow	19.9M	-66.1M	-53.4M	-25.9M	-57.7M	-33.4M	-6M	-24.6M	17M	-13.4M	-3.6M	-3.7M
Dividends paid	-2.9M	-2.8M	-2.8M	-2.8M	-2.8M	-2.8M	-2.8M	-2.8M	-2.7M	-2.7M	-2.7M	-2.7M
Share repurchases	-24.6M	-25.6M	-15.7M	-16M	-24.5M	-19.1M	-22M	-19.7M	-16.4M	-17.4M	-7.4M	-749K
Financing cash flow	-31.1M	-47.1M	-41.7M	-65.1M	-89.9M	-43.7M	-21.9M	-44.7M	-69M	-46.9M	-35M	-38.5M
Net change in cash	-23.2M	15.7M	-115.6M	34.8M	-58.2M	-7.8M	-52.5M	33.9M	47.2M	-15.6M	-30.1M	87.6M
Free cash flow	42M	34.6M	-52.2M	79.7M	19.3M	-926K	-40M	78.9M	30.6M	33.5M	-4.8M	113.4M

ArcBest Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement