NASDAQ : ARCB
ArcBest Corporation — Financial statements
Industrials · Trucking · United States
Last price 125.44 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 2.80B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
ArcBest Corporation (ARCB) reported revenue of 4.20B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 4.20B | 4.01B | 4.18B | 4.43B | 5.03B | 3.77B |
| Cost of Revenue | 3.86B | 3.70B | 3.80B | 4.02B | 4.43B | 3.35B |
| Gross Profit | 340.42M | 312.45M | 374.18M | 407.85M | 598.70M | 417.12M |
| Selling, General & Admin | 67.08M | 70.12M | 72.61M | 73.74M | 74.59M | 65.43M |
| Other Operating Expenses | 1.89M | 6.86M | 15.78M | 15.35M | 5.80M | -20.95M |
| Operating Expenses | 229.73M | 228.49M | 218.47M | 213.62M | 198.44M | 149.66M |
| Operating Income | 110.69M | 83.96M | 155.71M | 194.22M | 400.26M | 267.46M |
| Interest Expense | -14.33M | -12.36M | -8.98M | -9.09M | -7.73M | -8.91M |
| Interest & Investment Income | 4.15M | 4.75M | 11.62M | 14.73M | 3.87M | 1.23M |
| Other Non Operating Income (Expenses) | 1.59M | 314.00K | 29.00K | 4.21M | -2.68M | 3.69M |
| EBT Excluding Unusual Items | 102.10M | 76.66M | 158.37M | 204.06M | 393.73M | 263.46M |
| Merger & Restructuring Charges | -78.59M | -5.97M | ||||
| Gain (Loss) on Sale of Investments | -28.74M | 3.74M | ||||
| Gain (Loss) on Sale of Assets | 18.03M | 15.82M | 803.00K | -282.00K | 12.87M | 15.60M |
| Asset Writedown | -20.88M | -12.04M | -1.70M | -30.21M | ||
| Legal Settlements | -274.00K | -9.50M | ||||
| Other Unusual Items | 2.65M | 90.25M | 19.10M | -18.30M | ||
| Pretax Income | 20.66M | 83.09M | 218.71M | 186.91M | 388.30M | 273.09M |
| Income Tax Expense | 4.37M | 23.00M | 45.35M | 44.75M | 93.66M | 62.63M |
| Earnings From Continuing Operations | 16.30M | 60.10M | 173.36M | 142.16M | 294.65M | 210.46M |
| Earnings From Discontinued Operations | 600.00K | 53.27M | 3.56M | 3.06M | ||
| Net Income | 16.30M | 60.10M | 173.96M | 195.43M | 298.21M | 213.52M |
| Net Income to Common | 16.30M | 60.10M | 173.96M | 195.43M | 298.21M | 213.52M |
| Shares Outstanding (Basic) | 22.47M | 22.84M | 23.55M | 24.02M | 24.59M | 25.47M |
| Shares Outstanding (Diluted) | 22.53M | 22.93M | 23.82M | 24.63M | 25.50M | 26.77M |
| EPS (Basic) | 0.73 | 2.63 | 7.39 | 8.14 | 12.13 | 8.38 |
| EPS (Diluted) | 0.72 | 2.62 | 7.31 | 7.93 | 11.69 | 7.97 |
| Free Cash Flow | 187.04M | 114.18M | 62.74M | 103.25M | 322.65M | 265.19M |
| Free Cash Flow Per Share | 8.30 | 4.98 | 2.63 | 4.19 | 12.65 | 9.90 |
| Dividend Per Share | 0.48 | 0.48 | 0.48 | 0.48 | 0.44 | 0.32 |
| Gross Margin | 8.10% | 7.79% | 8.95% | 9.21% | 11.91% | 11.07% |
| Operating Margin | 2.63% | 2.09% | 3.73% | 4.39% | 7.96% | 7.10% |
| Profit Margin | 0.39% | 1.50% | 4.16% | 4.41% | 5.93% | 5.67% |
| Free Cash Flow Margin | 4.45% | 2.85% | 1.50% | 2.33% | 6.42% | 7.04% |
| EBITDA | 289.12M | 254.29M | 304.79M | 339.95M | 540.30M | 391.68M |
| EBITDA Margin | 6.88% | 6.34% | 7.29% | 7.68% | 10.74% | 10.40% |
| D&A For EBITDA | 178.43M | 170.34M | 149.09M | 145.73M | 140.04M | 124.22M |
| EBIT | 110.69M | 83.96M | 155.71M | 194.22M | 400.26M | 267.46M |
| EBIT Margin | 2.63% | 2.09% | 3.73% | 4.39% | 7.96% | 7.10% |
| Effective Tax Rate | 21.13% | 27.68% | 20.74% | 23.94% | 24.12% | 22.93% |
| Advertising Expenses | 23.90M | 22.30M | 27.80M | 28.70M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 145.85M | 102.03M | 127.44M | 262.23M | 158.26M | 76.62M |
| Short-Term Investments | 22.58M | 22.20M | 29.76M | 67.84M | 167.66M | 48.34M |
| Cash & Short-Term Investments | 168.43M | 124.23M | 157.20M | 330.07M | 325.93M | 124.96M |
| Accounts Receivable | 453.78M | 370.97M | 394.84M | 430.12M | 517.49M | 582.34M |
| Other Receivables | 9.21M | 26.30M | 36.05M | 52.12M | 11.02M | 13.09M |
| Receivables | 462.99M | 397.26M | 430.89M | 482.25M | 528.51M | 595.44M |
| Prepaid Expenses | 38.75M | 49.40M | 47.86M | 37.03M | 39.48M | 40.10M |
| Other Current Assets | 36.32M | 55.17M | 39.69M | 35.44M | 95.86M | 15.55M |
| Total Current Assets | 706.49M | 626.06M | 675.64M | 884.78M | 989.78M | 776.05M |
| Property, Plant & Equipment | 1.31B | 1.36B | 1.26B | 1.08B | 966.68M | 802.61M |
| Long-Term Investments | 1.71M | 28.53M | 25.87M | |||
| Goodwill | 304.75M | 304.75M | 304.75M | 304.75M | 304.75M | 300.34M |
| Other Intangible Assets | 37.72M | 69.39M | 88.61M | 101.15M | 113.73M | 126.58M |
| Long-Term Deferred Tax Assets | 16.77M | 9.30M | 9.54M | 8.14M | 6.34M | 5.47M |
| Other Long-Term Assets | 78.91M | 79.56M | 92.39M | 99.73M | 84.46M | 75.75M |
| Total Assets | 2.45B | 2.45B | 2.43B | 2.49B | 2.49B | 2.11B |
| Accounts Payable | 198.23M | 154.49M | 172.76M | 214.00M | 269.85M | 311.40M |
| Accrued Expenses | 391.79M | 378.12M | 394.88M | 378.03M | 338.46M | 305.85M |
| Current Portion of Long-Term Debt | 94.48M | 87.88M | 63.98M | 66.95M | 66.25M | 50.61M |
| Current Portion of Leases | 36.26M | 36.39M | 34.36M | 32.17M | 26.23M | 22.74M |
| Current Income Taxes Payable | 8.81M | 10.41M | 16.02M | 12.09M | ||
| Other Current Liabilities | 51.66M | |||||
| Total Current Liabilities | 729.58M | 656.89M | 665.99M | 701.56M | 768.47M | 702.69M |
| Long-Term Debt | 121.06M | 135.97M | 125.16M | 161.99M | 198.37M | 175.37M |
| Long-Term Leases | 207.95M | 204.33M | 189.98M | 176.62M | 147.83M | 88.83M |
| Pension & Post-Retirement Benefits | 13.70M | 13.70M | 13.36M | 13.32M | 12.20M | 16.73M |
| Long-Term Deferred Tax Liabilities | 80.90M | 111.58M | 78.65M | 55.78M | 60.49M | 64.89M |
| Other Long-Term Liabilities | 31.50M | 34.47M | 42.24M | 133.45M | 155.53M | 135.08M |
| Total Liabilities | 1.18B | 1.16B | 1.12B | 1.24B | 1.34B | 1.18B |
| Common Stock | 306.00K | 305.00K | 304.00K | 300.00K | 298.00K | 294.00K |
| Additional Paid-In Capital | 338.86M | 338.08M | 329.57M | 340.96M | 339.58M | 318.03M |
| Retained Earnings | 1.46B | 1.48B | 1.44B | 1.27B | 1.09B | 801.31M |
| Treasury Stock | -534.78M | -526.61M | -451.04M | -375.81M | -284.27M | -194.27M |
| Comprehensive Income & Other | -949.00K | -439.00K | 272.00K | 4.32M | 7.10M | 3.70M |
| Shareholders' Equity | 1.27B | 1.30B | 1.31B | 1.24B | 1.15B | 929.07M |
| Total Liabilities & Equity | 2.45B | 2.45B | 2.43B | 2.49B | 2.49B | 2.11B |
| Total Debt | 459.76M | 464.58M | 413.48M | 437.73M | 438.68M | 337.56M |
| Net Cash (Debt) | -291.33M | -340.35M | -256.27M | -107.66M | -112.75M | -212.60M |
| Net Cash Per Share | -12.93 | -14.84 | -10.76 | -4.37 | -4.42 | -7.94 |
| Filing Date Shares Outstanding | 22.35M | 22.30M | 23.15M | 23.52M | 24.26M | 24.60M |
| Total Common Shares Outstanding | 22.35M | 22.35M | 23.29M | 23.56M | 24.23M | 24.87M |
| Working Capital | -23.09M | -30.82M | 9.66M | 183.22M | 221.31M | 73.36M |
| Book Value Per Share | 56.72 | 57.98 | 56.44 | 52.72 | 47.52 | 37.36 |
| Tangible Book Value | 925.12M | 921.58M | 920.99M | 836.46M | 732.91M | 502.15M |
| Tangible Book Value Per Share | 41.40 | 41.23 | 39.55 | 35.50 | 30.25 | 20.19 |
| Land | 574.86M | 566.07M | 520.12M | 460.07M | 401.84M | 350.69M |
| Machinery | 1.52B | 1.56B | 1.52B | 1.45B | 1.00B | 959.70M |
| Leasehold Improvements | 43.35M | 41.53M | 32.26M | 24.43M | 23.47M | 16.93M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 16.30M | 60.10M | 173.96M | 195.43M | 298.21M | 213.52M |
| Depreciation & Amortization | 178.43M | 170.34M | 149.09M | 145.73M | 140.04M | 124.22M |
| Loss (Gain) From Sale of Assets | -17.13M | -15.31M | -2.18M | 4.80M | -12.05M | -15.44M |
| Asset Writedown & Restructuring Costs | 97.30M | 12.04M | 1.70M | 30.16M | ||
| Loss (Gain) From Sale of Investments | 28.74M | -3.74M | ||||
| Stock-Based Compensation | 9.13M | 10.57M | 11.36M | 11.44M | 12.78M | 11.43M |
| Provision & Write-off of Bad Debts | 4.14M | 3.28M | 4.83M | 3.63M | 6.96M | 1.47M |
| Other Operating Activities | -4.43M | 30.72M | -67.81M | -24.67M | 12.05M | -7.59M |
| Change in Accounts Receivable | -41.45M | 30.94M | 45.50M | 41.19M | -10.35M | -122.78M |
| Change in Accounts Payable | 48.47M | -36.24M | -21.04M | -10.26M | 28.63M | 106.06M |
| Change in Income Taxes | 943.00K | -16.58M | -14.96M | -10.66M | -5.04M | 13.14M |
| Change in Other Net Operating Assets | -9.51M | -20.90M | -22.54M | 9.31M | -399.00K | -505.00K |
| Operating Cash Flow | 282.20M | 228.95M | 285.85M | 322.27M | 470.87M | 323.60M |
| Capital Expenditures | -95.16M | -114.78M | -223.10M | -219.02M | -148.22M | -58.41M |
| Sale of Property, Plant & Equipment | 34.42M | 34.47M | 15.37M | 7.76M | 19.69M | 13.81M |
| Cash Acquisitions | 2.28M | -239.38M | ||||
| Divestitures | 475.00K | 9.01M | ||||
| Sale (Purchase) of Intangibles | -14.40M | -13.39M | -16.90M | -12.98M | -17.28M | -20.06M |
| Investment in Securities | 2.00M | 7.24M | 37.35M | 101.58M | -118.02M | -8.18M |
| Other Investing Activities | 8.68M | 9.76M | 100.95M | |||
| Investing Cash Flow | -64.45M | -76.70M | -187.28M | -21.70M | -261.08M | -303.20M |
| Short-Term Debt Issued | 8.36M | |||||
| Long-Term Debt Issued | 25.00M | 72.21M | 53.52M | |||
| Total Debt Issued | 25.00M | 80.56M | 53.52M | |||
| Short-Term Debt Repaid | -5.07M | -3.50M | -14.10M | -1.96M | ||
| Long-Term Debt Repaid | -108.13M | -120.52M | -69.18M | -115.54M | -171.91M | |
| Total Debt Repaid | -129.05M | -113.20M | -124.02M | -83.28M | -115.54M | -173.87M |
| Net Debt Issued (Repaid) | -129.05M | -88.20M | -124.02M | -83.28M | -34.98M | -120.35M |
| Repurchase of Common Stock | -46.07M | -77.63M | -97.97M | -101.84M | -81.22M | -118.84M |
| Common Dividends Paid | -10.79M | -10.97M | -11.29M | -11.54M | -10.83M | -8.14M |
| Other Financing Activities | -857.00K | -859.00K | -62.00K | 55.00K | -952.00K | -314.00K |
| Financing Cash Flow | -186.77M | -177.66M | -233.35M | -196.61M | -127.98M | -247.65M |
| Net Cash Flow | 30.98M | -25.41M | -134.78M | 103.96M | 81.80M | -227.25M |
| Free Cash Flow | 187.04M | 114.18M | 62.74M | 103.25M | 322.65M | 265.19M |
| Free Cash Flow Margin | 4.45% | 2.85% | 1.50% | 2.33% | 6.42% | 7.04% |
| Free Cash Flow Per Share | 8.30 | 4.98 | 2.63 | 4.19 | 12.65 | 9.90 |
| Levered Free Cash Flow | 148.35M | 79.07M | 13.62M | 76.47M | 266.54M | 167.85M |
| Unlevered Free Cash Flow | 157.31M | 86.80M | 19.23M | 82.15M | 271.37M | 173.43M |
| Cash Interest Paid | 11.80M | 11.80M | 8.50M | 8.70M | 7.10M | 8.70M |
| Cash Income Tax Paid | -6.78M | 38.00M | 79.30M | 106.40M | 58.10M | |
| Change in Working Capital | -1.54M | -42.79M | -13.04M | 29.58M | 12.84M | -4.09M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.80B | 1.67B | 2.18B | 2.84B | 1.71B | 3.06B |
| Enterprise Value | 3.10B | 2.00B | 2.40B | 2.95B | 1.83B | 2.95B |
| Last Close Price | 125.44 | 73.97 | 92.42 | 118.56 | 68.76 | 117.03 |
| PE Ratio | 174.68 | 27.79 | 12.55 | 14.55 | 5.74 | 14.35 |
| Forward PE | 14.87 | 19.41 | 13.85 | 12.12 | 6.41 | 13.82 |
| PS Ratio | 0.67 | 0.42 | 0.52 | 0.64 | 0.34 | 0.81 |
| PB Ratio | 2.21 | 1.29 | 1.66 | 2.29 | 1.49 | 3.30 |
| P/TBV Ratio | 3.03 | 1.81 | 2.37 | 3.40 | 2.33 | 6.10 |
| P/FCF Ratio | 14.99 | 14.63 | 34.80 | 27.55 | 5.30 | 11.56 |
| P/OCF Ratio | 9.94 | 7.29 | 7.64 | 8.83 | 3.63 | 9.47 |
| PEG Ratio | 0.32 | 12.00 | 1.83 | 23.05 | 0.36 | 0.30 |
| EV/Sales Ratio | 0.74 | 0.50 | 0.57 | 0.67 | 0.36 | 0.78 |
| EV/EBITDA Ratio | 10.71 | 7.86 | 7.87 | 8.68 | 3.39 | 7.53 |
| EV/EBIT Ratio | 27.96 | 23.80 | 15.40 | 15.19 | 4.58 | 11.03 |
| EV/FCF Ratio | 16.55 | 17.50 | 38.22 | 28.57 | 5.68 | 11.13 |
| Debt / Equity Ratio | 0.36 | 0.36 | 0.32 | 0.35 | 0.38 | 0.36 |
| Debt / EBITDA Ratio | 1.35 | 1.52 | 1.17 | 1.14 | 0.76 | 0.80 |
| Debt / FCF Ratio | 2.46 | 4.07 | 6.59 | 4.24 | 1.36 | 1.27 |
| Net Debt / Equity Ratio | 0.23 | 0.26 | 0.20 | 0.09 | 0.10 | 0.23 |
| Net Debt / EBITDA Ratio | 1.01 | 1.34 | 0.84 | 0.32 | 0.21 | 0.54 |
| Net Debt / FCF Ratio | 1.56 | 2.98 | 4.08 | 1.04 | 0.35 | 0.80 |
| Asset Turnover | 1.71 | 1.64 | 1.70 | 1.78 | 2.18 | 1.94 |
| Quick Ratio | 0.86 | 0.79 | 0.88 | 1.16 | 1.11 | 1.02 |
| Current Ratio | 0.97 | 0.95 | 1.01 | 1.26 | 1.29 | 1.10 |
| Return on Equity (ROE) | 1.27% | 4.61% | 13.56% | 11.88% | 28.32% | 23.95% |
| Return on Assets (ROA) | 2.81% | 2.15% | 3.96% | 4.88% | 10.86% | 8.59% |
| Return on Invested Capital (ROIC) | 5.42% | 3.79% | 8.45% | 11.30% | 25.25% | 20.55% |
| Return on Capital Employed (ROCE) | 6.40% | 4.70% | 8.80% | 10.90% | 23.20% | 19.00% |
| Earnings Yield | 0.57% | 3.60% | 7.97% | 6.87% | 17.44% | 6.97% |
| FCF Yield | 6.67% | 6.84% | 2.87% | 3.63% | 18.87% | 8.65% |
| Dividend Yield | 0.38% | 0.64% | 0.51% | 0.40% | 0.62% | 0.26% |
| Payout Ratio | 66.84% | 18.25% | 6.49% | 5.91% | 3.63% | 3.81% |
| Buyback Yield / Dilution | 3.63% | 3.72% | 3.31% | 3.41% | 4.74% | -1.32% |
| Total Shareholder Return | 4.01% | 4.37% | 3.82% | 3.81% | 5.36% | -1.06% |