NASDAQ : PAMT
PAMT CORP — Financial statements
Industrials · Trucking · United States
Last price 11.61 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 243.14M
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Financial statements
PAMT CORP (PAMT) reported revenue of 598.11M 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 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 515.60M | 526.54M | 629.01M | 706.11M | 818.75M | 641.25M |
| Other Revenue | 82.52M | 71.51M | 85.63M | 104.69M | 128.11M | 65.87M |
| Revenue | 598.11M | 598.06M | 714.65M | 810.81M | 946.86M | 707.12M |
| Cost of Revenue | 525.88M | 527.05M | 600.86M | 662.40M | 712.89M | 522.26M |
| Gross Profit | 72.23M | 71.00M | 113.79M | 148.41M | 233.97M | 184.86M |
| Selling, General & Admin | 50.78M | 46.78M | 19.78M | 30.77M | 32.52M | 18.79M |
| Other Operating Expenses | 22.12M | 20.46M | 24.34M | 23.77M | 18.13M | 12.29M |
| Operating Expenses | 150.46M | 150.54M | 143.38M | 119.14M | 113.45M | 86.10M |
| Operating Income | -78.23M | -79.54M | -29.59M | 29.27M | 120.52M | 98.76M |
| Interest Expense | -18.53M | -17.46M | -13.24M | -9.18M | -7.93M | -8.04M |
| Interest & Investment Income | 1.57M | 1.57M | 1.44M | 1.56M | 1.54M | 1.45M |
| Other Non Operating Income (Expenses) | 1.88M | 2.99M | 3.94M | 4.27M | 500.00K | 694.00K |
| EBT Excluding Unusual Items | -93.31M | -92.43M | -37.45M | 25.92M | 114.63M | 92.86M |
| Gain (Loss) on Sale of Investments | 12.90M | 6.67M | 3.08M | 1.62M | 1.13M | 8.20M |
| Gain (Loss) on Sale of Assets | 23.75M | 15.47M | -766.00K | 1.04M | 3.25M | 1.45M |
| Asset Writedown | -6.41M | |||||
| Pretax Income | -56.66M | -70.29M | -41.55M | 28.58M | 119.01M | 102.50M |
| Income Tax Expense | -14.37M | -17.68M | -9.75M | 10.16M | 28.34M | 25.99M |
| Net Income | -42.29M | -52.61M | -31.80M | 18.42M | 90.67M | 76.52M |
| Net Income to Common | -42.29M | -52.61M | -31.80M | 18.42M | 90.67M | 76.52M |
| Shares Outstanding (Basic) | 20.93M | 21.21M | 21.88M | 22.06M | 22.25M | 22.71M |
| Shares Outstanding (Diluted) | 20.93M | 21.21M | 21.88M | 22.20M | 22.44M | 22.86M |
| EPS (Basic) | -2.02 | -2.48 | -1.45 | 0.83 | 4.08 | 3.37 |
| EPS (Diluted) | -2.02 | -2.48 | -1.45 | 0.83 | 4.04 | 3.35 |
| Free Cash Flow | -57.93M | -23.41M | -81.72M | 80.52M | 104.85M | 82.60M |
| Free Cash Flow Per Share | -2.77 | -1.10 | -3.73 | 3.63 | 4.67 | 3.61 |
| Gross Margin | 12.08% | 11.87% | 15.92% | 18.30% | 24.71% | 26.14% |
| Operating Margin | -13.08% | -13.30% | -4.14% | 3.61% | 12.73% | 13.97% |
| Profit Margin | -7.07% | -8.80% | -4.45% | 2.27% | 9.58% | 10.82% |
| Free Cash Flow Margin | -9.69% | -3.91% | -11.43% | 9.93% | 11.07% | 11.68% |
| EBITDA | -664.00K | 3.76M | 69.67M | 93.87M | 183.32M | 153.77M |
| EBITDA Margin | -0.11% | 0.63% | 9.75% | 11.58% | 19.36% | 21.75% |
| D&A For EBITDA | 77.56M | 83.30M | 99.26M | 64.61M | 62.81M | 55.01M |
| EBIT | -78.23M | -79.54M | -29.59M | 29.27M | 120.52M | 98.76M |
| EBIT Margin | -13.08% | -13.30% | -4.14% | 3.61% | 12.73% | 13.97% |
| Effective Tax Rate | 35.56% | 23.81% | 25.35% | |||
| Revenue as Reported | 598.11M | 598.06M | 714.65M | 810.81M | 946.86M | 707.12M |
| Advertising Expenses | 1.52M | 1.36M | 2.01M | 2.10M | 1.15M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 18.21M | 35.23M | 68.06M | 100.61M | 74.09M | 18.51M |
| Short-Term Investments | 38.73M | 48.49M | 42.62M | 43.20M | 41.73M | 39.42M |
| Cash & Short-Term Investments | 56.94M | 83.72M | 110.68M | 143.82M | 115.81M | 57.93M |
| Accounts Receivable | 88.93M | 66.88M | 79.97M | 80.60M | 134.74M | 121.85M |
| Other Receivables | 5.17M | 8.40M | 7.12M | 10.90M | 11.78M | 7.33M |
| Receivables | 94.10M | 75.28M | 87.08M | 91.51M | 146.52M | 129.18M |
| Inventory | 2.61M | 2.33M | 2.43M | 2.32M | 2.57M | 1.46M |
| Prepaid Expenses | 7.73M | 9.81M | 11.55M | 13.21M | 15.73M | 10.96M |
| Other Current Assets | 92.00K | 20.00K | 182.00K | 135.00K | 43.00K | |
| Total Current Assets | 161.38M | 171.23M | 211.77M | 251.04M | 280.77M | 199.57M |
| Property, Plant & Equipment | 506.27M | 524.00M | 527.22M | 504.72M | 463.60M | 384.18M |
| Other Long-Term Assets | 2.69M | 2.69M | 2.67M | 4.70M | 4.80M | 3.63M |
| Total Assets | 670.33M | 697.91M | 741.65M | 760.46M | 749.16M | 587.38M |
| Accounts Payable | 27.42M | 32.75M | 31.20M | 62.65M | 48.92M | 43.38M |
| Accrued Expenses | 16.36M | 38.63M | 12.65M | 15.06M | 29.34M | 10.71M |
| Short-Term Debt | 914.00K | 1.21M | ||||
| Current Portion of Long-Term Debt | 64.59M | 65.54M | 73.02M | 57.65M | 58.81M | 49.54M |
| Current Portion of Leases | 1.14M | 1.12M | 114.00K | 340.00K | 544.00K | |
| Current Income Taxes Payable | 4.36M | |||||
| Other Current Liabilities | 13.10M | 1.33M | 1.92M | 1.62M | 3.64M | 1.64M |
| Total Current Liabilities | 122.61M | 139.37M | 118.78M | 137.10M | 141.97M | 111.40M |
| Long-Term Debt | 268.23M | 268.33M | 252.56M | 204.06M | 205.47M | 172.73M |
| Long-Term Leases | 5.66M | 6.04M | 103.00K | 420.00K | ||
| Long-Term Deferred Tax Liabilities | 70.74M | 73.69M | 92.55M | 104.33M | 101.44M | 86.72M |
| Other Long-Term Liabilities | 250.00K | 750.00K | ||||
| Total Liabilities | 467.24M | 487.43M | 464.15M | 446.24M | 448.98M | 371.27M |
| Common Stock | 224.00K | 224.00K | 224.00K | 223.00K | 223.00K | 234.00K |
| Additional Paid-In Capital | 41.79M | 41.68M | 41.17M | 40.83M | 40.47M | 84.47M |
| Retained Earnings | 190.05M | 197.50M | 250.11M | 281.90M | 263.49M | 301.35M |
| Treasury Stock | -28.97M | -28.92M | -14.00M | -8.74M | -4.00M | -169.95M |
| Shareholders' Equity | 203.09M | 210.48M | 277.51M | 314.22M | 300.18M | 216.11M |
| Total Liabilities & Equity | 670.33M | 697.91M | 741.65M | 760.46M | 749.16M | 587.38M |
| Total Debt | 339.62M | 341.03M | 325.58M | 261.82M | 265.64M | 224.46M |
| Net Cash (Debt) | -282.68M | -257.31M | -214.90M | -118.01M | -149.82M | -166.52M |
| Net Cash Per Share | -13.51 | -12.13 | -9.82 | -5.32 | -6.68 | -7.28 |
| Filing Date Shares Outstanding | 20.94M | 20.93M | 21.79M | 22.03M | 22.17M | 22.26M |
| Total Common Shares Outstanding | 20.94M | 20.93M | 21.78M | 22.02M | 22.17M | 22.35M |
| Working Capital | 38.77M | 31.86M | 92.99M | 113.94M | 138.80M | 88.17M |
| Book Value Per Share | 9.70 | 10.06 | 12.74 | 14.27 | 13.54 | 9.67 |
| Tangible Book Value | 203.09M | 210.48M | 277.51M | 314.22M | 300.18M | 216.11M |
| Tangible Book Value Per Share | 9.70 | 10.06 | 12.74 | 14.27 | 13.54 | 9.67 |
| Land | 26.68M | 30.06M | 30.43M | 23.08M | 19.72M | 19.72M |
| Buildings | 54.78M | 58.46M | 53.62M | 43.55M | 35.53M | 33.53M |
| Machinery | 677.49M | 703.87M | 752.44M | 704.50M | 650.67M | 532.05M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -42.29M | -52.61M | -31.80M | 18.42M | 90.67M | 76.52M |
| Depreciation & Amortization | 77.56M | 83.30M | 99.26M | 64.61M | 62.81M | 55.01M |
| Loss (Gain) From Sale of Assets | -23.75M | -15.47M | 766.00K | -1.04M | -3.25M | -1.45M |
| Asset Writedown & Restructuring Costs | 6.41M | |||||
| Loss (Gain) From Sale of Investments | -12.90M | -6.67M | -3.08M | -1.62M | -1.13M | -8.20M |
| Stock-Based Compensation | 656.00K | 548.00K | 723.00K | 553.00K | 715.00K | 441.00K |
| Provision & Write-off of Bad Debts | 1.80M | 1.78M | 3.07M | 2.40M | 917.00K | 1.04M |
| Other Operating Activities | -11.05M | -18.86M | -11.79M | 2.89M | 14.54M | 17.83M |
| Change in Accounts Receivable | -14.04M | 9.40M | -86.00K | 50.80M | -2.15M | -47.13M |
| Change in Accounts Payable | -4.45M | -11.56M | -6.52M | -10.98M | 2.20M | 5.95M |
| Change in Income Taxes | -2.82M | 549.00K | 1.60M | 1.77M | -9.74M | 4.96M |
| Change in Other Net Operating Assets | 14.69M | 26.93M | 471.00K | -13.20M | 13.23M | -3.23M |
| Operating Cash Flow | -16.58M | 17.34M | 59.04M | 114.58M | 168.81M | 101.74M |
| Capital Expenditures | -41.35M | -40.74M | -140.76M | -34.06M | -63.96M | -19.14M |
| Sale of Property, Plant & Equipment | 76.85M | 58.33M | 36.91M | 22.62M | 17.41M | 31.68M |
| Cash Acquisitions | -65.80M | |||||
| Investment in Securities | 22.55M | 803.00K | 3.66M | 143.00K | -1.18M | -3.29M |
| Investing Cash Flow | 58.05M | 18.40M | -100.19M | -11.29M | -113.53M | 9.25M |
| Short-Term Debt Issued | 1.81M | 46.00K | 1.23M | 6.51M | ||
| Long-Term Debt Issued | 681.65M | 831.59M | 879.19M | 1.02B | 675.62M | |
| Total Debt Issued | 664.39M | 683.46M | 831.59M | 879.24M | 1.02B | 682.13M |
| Short-Term Debt Repaid | -1.81M | -960.00K | -1.53M | -16.55M | ||
| Long-Term Debt Repaid | -735.28M | -817.74M | -950.30M | -1.01B | -747.57M | |
| Total Debt Repaid | -756.51M | -737.09M | -817.74M | -951.26M | -1.01B | -764.12M |
| Net Debt Issued (Repaid) | -92.13M | -53.63M | 13.85M | -72.02M | 7.29M | -81.99M |
| Repurchase of Common Stock | -48.00K | -14.93M | -5.26M | -4.74M | -7.00M | -10.83M |
| Other Financing Activities | -1.00K | |||||
| Financing Cash Flow | -92.18M | -68.56M | 8.59M | -76.75M | 290.00K | -92.82M |
| Net Cash Flow | -50.70M | -32.83M | -32.55M | 26.53M | 55.58M | 18.17M |
| Free Cash Flow | -57.93M | -23.41M | -81.72M | 80.52M | 104.85M | 82.60M |
| Free Cash Flow Margin | -9.69% | -3.91% | -11.43% | 9.93% | 11.07% | 11.68% |
| Free Cash Flow Per Share | -2.77 | -1.10 | -3.73 | 3.63 | 4.67 | 3.61 |
| Levered Free Cash Flow | -28.46M | 23.01M | -94.98M | 98.82M | 68.41M | 45.89M |
| Unlevered Free Cash Flow | -16.87M | 33.92M | -86.70M | 104.56M | 73.37M | 50.91M |
| Cash Interest Paid | 18.67M | 17.44M | 13.49M | 9.76M | 7.84M | 8.14M |
| Cash Income Tax Paid | 380.00K | 886.00K | 674.00K | 5.51M | 23.24M | 3.87M |
| Change in Working Capital | -6.62M | 25.32M | -4.53M | 28.38M | 3.54M | -39.46M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 253.19M | 252.79M | 356.80M | 457.60M | 574.64M | 792.99M |
| Enterprise Value | 535.87M | 480.49M | 553.22M | 541.82M | 754.74M | 980.06M |
| Last Close Price | 11.61 | 12.08 | 16.38 | 20.78 | 25.90 | 35.51 |
| PE Ratio | 24.85 | 6.34 | 10.36 | |||
| Forward PE | 25.43 | 25.20 | 15.17 | 7.62 | 9.88 | |
| PS Ratio | 0.42 | 0.42 | 0.50 | 0.56 | 0.61 | 1.12 |
| PB Ratio | 1.20 | 1.20 | 1.29 | 1.46 | 1.91 | 3.67 |
| P/TBV Ratio | 1.25 | 1.20 | 1.29 | 1.46 | 1.91 | 3.67 |
| P/FCF Ratio | 5.68 | 5.48 | 9.60 | |||
| P/OCF Ratio | 14.58 | 6.04 | 3.99 | 3.40 | 7.79 | |
| EV/Sales Ratio | 0.90 | 0.80 | 0.77 | 0.67 | 0.80 | 1.39 |
| EV/EBITDA Ratio | 127.72 | 7.94 | 5.77 | 4.12 | 6.37 | |
| EV/EBIT Ratio | 18.51 | 6.26 | 9.92 | |||
| EV/FCF Ratio | 6.73 | 7.20 | 11.87 | |||
| Debt / Equity Ratio | 1.67 | 1.62 | 1.17 | 0.83 | 0.89 | 1.04 |
| Debt / EBITDA Ratio | 975.92 | 57.46 | 4.67 | 0.64 | 1.43 | 1.44 |
| Debt / FCF Ratio | 3.25 | 2.53 | 2.72 | |||
| Net Debt / Equity Ratio | 1.39 | 1.22 | 0.77 | 0.38 | 0.50 | 0.77 |
| Net Debt / EBITDA Ratio | -425.72 | 68.40 | 3.08 | 1.26 | 0.82 | 1.08 |
| Net Debt / FCF Ratio | -4.88 | -10.99 | -2.63 | 1.47 | 1.43 | 2.02 |
| Asset Turnover | 0.87 | 0.83 | 0.95 | 1.07 | 1.42 | 1.21 |
| Inventory Turnover | 210.69 | 221.22 | 252.78 | 270.86 | 354.14 | 372.91 |
| Quick Ratio | 1.23 | 1.14 | 1.67 | 1.72 | 1.85 | 1.68 |
| Current Ratio | 1.32 | 1.23 | 1.78 | 1.83 | 1.98 | 1.79 |
| Return on Equity (ROE) | -18.88% | -21.56% | -10.75% | 6.00% | 35.12% | 41.80% |
| Return on Assets (ROA) | -7.09% | -6.91% | -2.46% | 2.42% | 11.27% | 10.59% |
| Return on Invested Capital (ROIC) | -16.60% | -16.57% | -6.40% | 4.28% | 22.06% | 18.36% |
| Return on Capital Employed (ROCE) | -14.30% | -14.20% | -4.80% | 4.70% | 19.80% | 20.70% |
| Earnings Yield | -16.71% | -20.81% | -8.91% | 4.02% | 15.78% | 9.65% |
| FCF Yield | -22.84% | -9.26% | -22.90% | 17.59% | 18.25% | 10.42% |
| Buyback Yield / Dilution | 3.26% | 3.06% | 1.44% | 1.06% | 1.87% | 0.90% |