ArcBest (ARCB) Financials

$62.22 -0.78 (-1.24%)

As of 10:37 AM Eastern

Annual Income Statements for ArcBest

This table shows ArcBest's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Net Income / (Loss) Attributable to Common Shareholders	174	195	298	214	71	40	67	60	19	45	46
Consolidated Net Income / (Loss)	174	195	298	214	71	40	67	60	19	45	46
Net Income / (Loss) Continuing Operations	173	142	295	210	71	40	67	60	19	45	46
Total Pre-Tax Income	219	187	388	273	92	51	84	52	28	73	71
Total Operating Income	244	173	395	277	98	64	109	61	34	75	69
Total Gross Profit	4,179	4,427	5,029	3,766	2,940	2,988	3,094	2,826	2,700	2,667	2,613
Total Revenue	4,179	4,427	5,029	3,766	2,940	2,988	3,094	2,826	2,700	2,667	2,613
Operating Revenue	4,179	4,427	5,029	3,766	2,940	2,988	3,094	2,826	2,700	2,667	2,613
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	3,935	4,255	4,634	3,489	2,842	2,925	2,985	2,765	2,666	2,591	2,543
Other Operating Expenses / (Income)	3,935	4,255	4,634	3,489	2,842	2,925	2,985	2,765	2,666	2,591	2,543
Total Other Income / (Expense), net	-26	14	-6.22	-3.89	-5.78	-12	-25	-9.77	-5.78	-2.76	1.37
Interest Expense	8.98	9.09	7.73	8.91	12	11	9.47	6.34	5.15	4.40	3.19
Interest & Investment Income	12	15	3.87	1.23	3.62	6.45	3.91	1.29	1.52	1.28	0.85
Other Income / (Expense), net	-28	8.66	-2.37	3.80	2.30	-7.29	-19	-4.72	-2.15	0.35	3.71
Income Tax Expense	45	45	94	63	21	11	17	-8.15	9.64	28	24
Net Income / (Loss) Discontinued Operations	0.60	53	3.56	3.06	-	-	-	-	-	-	-
Basic Earnings per Share	$7.39	$8.14	$12.13	$8.38	$2.80	$1.56	$2.61	$2.32	$0.72	$1.71	$1.69
Weighted Average Basic Shares Outstanding	23.55M	24.02M	24.59M	25.47M	25.41M	25.54M	25.68M	25.68M	25.75M	26.01M	25.99M
Diluted Earnings per Share	$7.30	$7.93	$11.69	$7.98	$2.69	$1.51	$2.51	$2.25	$0.71	$1.67	$1.69
Weighted Average Diluted Shares Outstanding	23.82M	24.63M	25.50M	26.77M	26.42M	26.45M	26.70M	26.42M	26.26M	26.53M	25.99M
Weighted Average Basic & Diluted Shares Outstanding	23.15M	23.52M	24.26M	24.60M	25.40M	25.37M	25.57M	25.70M	25.90M	26.20M	27.30M
Cash Dividends to Common per Share	$0.48	$0.48	$0.44	$0.32	$0.32	$0.32	$0.32	$0.32	$0.32	$0.26	$0.15

This table shows ArcBest's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	3.13	29	100	47	-2.31	49	35	40	71	37	89
Consolidated Net Income / (Loss)	3.13	29	100	47	-2.31	49	35	40	71	37	89
Net Income / (Loss) Continuing Operations	3.13	29	100	47	-2.91	49	35	40	19	36	89
Total Pre-Tax Income	4.17	37	137	49	-4.68	68	47	49	24	52	115
Total Operating Income	6.63	38	135	49	22	64	45	42	21	50	115
Total Gross Profit	967	1,002	1,063	1,078	1,036	1,090	1,128	1,103	1,106	1,163	1,276
Total Revenue	967	1,002	1,063	1,078	1,036	1,090	1,128	1,103	1,106	1,163	1,276
Operating Revenue	967	1,002	1,063	1,078	1,036	1,090	1,128	1,103	1,106	1,163	1,276
Total Cost of Revenue	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Total Operating Expenses	960	963	928	1,029	1,014	1,025	1,083	1,061	1,085	1,113	1,160
Other Operating Expenses / (Income)	960	963	928	1,029	1,014	1,025	1,083	1,061	1,085	1,113	1,160
Total Other Income / (Expense), net	-2.46	-0.70	1.71	0.38	-27	3.55	1.80	6.56	2.39	1.58	-0.82
Interest Expense	2.76	2.39	2.28	2.08	2.23	2.33	2.24	2.21	2.33	2.17	1.76
Interest & Investment Income	1.15	1.93	3.13	3.24	3.32	4.12	3.95	3.73	2.93	2.29	1.13
Other Income / (Expense), net	-0.85	-0.24	0.86	-0.78	-28	1.76	0.09	5.04	1.78	1.45	-0.19
Income Tax Expense	1.04	8.43	36	2.30	-1.77	19	12	9.07	4.70	15	26
Net Income / (Loss) Discontinued Operations	0.00	-	0.00	0.00	0.60	-	-0.01	0.84	52	0.85	0.23
Basic Earnings per Share	$0.13	$1.25	$4.25	$1.99	($0.10)	$2.08	$1.45	$1.68	$2.93	$1.54	$3.61
Weighted Average Basic Shares Outstanding	23.20M	23.55M	23.62M	23.62M	23.56M	24.02M	24.00M	24.06M	24.29M	24.59M	24.61M
Diluted Earnings per Share	$0.13	$1.21	$4.23	$1.96	($0.10)	$2.03	$1.42	$1.64	$2.84	$1.51	$3.50
Weighted Average Diluted Shares Outstanding	23.27M	23.82M	23.69M	23.92M	23.56M	24.63M	24.53M	24.67M	25.06M	25.50M	25.37M
Weighted Average Basic & Diluted Shares Outstanding	22.91M	23.15M	23.40M	23.65M	23.43M	23.52M	23.66M	24.02M	23.95M	24.26M	24.42M
Cash Dividends to Common per Share	$0.12	-	$0.12	$0.12	$0.12	-	$0.12	$0.12	$0.12	-	$0.12

This table details how cash moves in and out of ArcBest's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Net Change in Cash & Equivalents	-135	104	82	-227	102	12	69	5.53	-51	7.93	52
Net Cash From Operating Activities	286	322	471	324	206	170	255	152	112	149	144
Net Cash From Continuing Operating Activities	286	322	471	324	206	170	255	152	112	149	144
Net Income / (Loss) Continuing Operations	174	195	298	214	71	40	67	60	19	45	46
Consolidated Net Income / (Loss)	174	195	298	214	71	40	67	60	19	45	46
Depreciation Expense	136	133	127	119	114	108	104	99	99	89	-
Amortization Expense	13	13	13	5.36	4.01	4.37	4.52	4.54	4.24	4.00	4.35
Non-Cash Adjustments To Reconcile Net Income	36	-21	11	-1.93	13	41	22	15	15	10	96
Changes in Operating Assets and Liabilities, net	-74	2.00	22	-12	3.22	-23	58	-26	-25	1.23	-2.71
Net Cash From Investing Activities	-187	-22	-261	-303	7.46	-98	-95	-68	-87	-126	-52
Net Cash From Continuing Investing Activities	-187	-22	-261	-303	7.46	-98	-95	-68	-87	-126	-52
Purchase of Property, Plant & Equipment	-240	-232	-166	-78	-57	-102	-54	-76	-79	-87	-44
Acquisitions	0.00	0.00	2.28	-239	0.00	0.00	-	-	-25	-30	-2.65
Purchase of Investments	-29	-97	-182	-81	-165	-130	-108	-73	-69	-61	-46
Sale of Property, Plant & Equipment	15	7.76	20	14	13	13	4.26	4.28	8.80	6.64	4.93
Divestitures	0.00	101	0.48	9.01	0.00	0.00	4.68	2.49	2.78	-	-
Sale and/or Maturity of Investments	67	198	64	73	217	120	59	74	74	46	36
Net Cash From Financing Activities	-233	-197	-128	-248	-111	-60	-91	-78	-76	-16	-40
Net Cash From Continuing Financing Activities	-233	-197	-128	-248	-111	-60	-91	-78	-76	-16	-40
Repayment of Debt	-121	-69	-116	-172	-326	-60	-71	-70	-52	-102	-41
Repurchase of Common Equity	-75	-92	-65	-83	-6.60	-9.11	-9.40	-6.02	-9.51	-13	-
Payment of Dividends	-11	-12	-11	-8.14	-8.16	-8.19	-8.24	-8.26	-8.32	-6.84	-4.10
Issuance of Debt	0.00	0.00	72	54	225	20	0.00	10	-	105	-
Other Financing Activities, net	-26	-24	-8.82	-13	4.45	-4.01	-1.87	-3.77	-5.85	0.73	3.00

This table details how cash moves in and out of ArcBest's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-53	-23	-65	43	-89	11	64	-16	45	2.84	28
Net Cash From Operating Activities	-22	57	89	134	6.47	127	91	83	21	120	166
Net Cash From Continuing Operating Activities	-22	57	89	134	6.47	127	91	83	21	120	166
Net Income / (Loss) Continuing Operations	3.13	29	100	47	-2.31	49	35	40	71	37	89
Consolidated Net Income / (Loss)	3.13	29	100	47	-2.31	49	35	40	71	37	89
Depreciation Expense	37	36	33	33	34	34	34	33	32	32	31
Amortization Expense	3.20	3.21	3.20	3.20	3.22	3.20	3.23	3.20	3.20	3.23	3.23
Non-Cash Adjustments To Reconcile Net Income	-8.12	5.58	2.05	-3.29	32	7.15	34	2.00	-64	4.33	0.44
Changes in Operating Assets and Liabilities, net	-57	-17	-50	54	-60	34	-15	4.84	-22	44	42
Net Cash From Investing Activities	-9.13	-38	-62	-30	-57	-70	17	-41	71	-91	-96
Net Cash From Continuing Investing Activities	-9.13	-38	-62	-30	-57	-70	17	-41	71	-91	-96
Purchase of Property, Plant & Equipment	-18	-58	-70	-54	-59	-93	-49	-52	-38	-76	-32
Purchase of Investments	0.00	-	-24	-	-5.24	-16	-33	-11	-36	-37	-81
Sale of Property, Plant & Equipment	3.28	9.19	3.85	1.05	1.29	1.79	3.12	1.02	1.83	5.75	4.82
Sale and/or Maturity of Investments	5.24	11	27	23	5.64	38	97	22	42	16	12
Net Cash From Financing Activities	-22	-42	-92	-61	-39	-47	-44	-59	-47	-27	-42
Net Cash From Continuing Financing Activities	-22	-42	-92	-61	-39	-47	-44	-59	-47	-27	-42
Repayment of Debt	-17	-18	-67	-19	-17	-17	-17	-17	-18	-16	-15
Repurchase of Common Equity	-22	-19	-24	-16	-16	-26	-25	-27	-14	-15	-19
Payment of Dividends	-2.79	-2.81	-2.84	-2.82	-2.83	-2.85	-2.89	-2.89	-2.92	-2.94	-2.97
Issuance of Debt	25	-	-	-	-	-	-	-	-	2.09	4.83
Other Financing Activities, net	-4.78	-1.90	2.38	-23	-3.60	-1.87	0.65	-11	-12	4.87	-10

This table presents ArcBest's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Total Assets	2,430	2,485	2,494	2,113	1,779	1,651	1,539	1,366	1,282	1,263	1,128
Total Current Assets	676	885	990	776	758	664	649	522	491	552	515
Cash & Equivalents	127	262	158	77	304	202	190	121	114	165	157
Short-Term Investments	30	68	168	48	65	117	107	56	57	62	46
Accounts Receivable	431	482	529	595	335	301	316	299	283	243	235
Prepaid Expenses	48	37	39	40	38	30	25	22	22	21	21
Other Current Assets	40	35	31	16	16	14	11	24	14	22	15
Plant, Property, & Equipment, net	1,066	915	800	696	679	684	631	591	533	483	410
Plant, Property & Equipment, gross	2,253	2,103	1,930	1,775	1,671	1,633	1,545	1,456	1,352	1,271	1,162
Accumulated Depreciation	1,187	1,189	1,129	1,079	992	949	914	865	819	788	752
Total Noncurrent Assets	688	685	704	641	342	303	259	252	258	228	203
Goodwill	305	305	305	300	88	88	108	108	109	96	77
Intangible Assets	89	101	114	127	55	59	69	73	81	77	73
Noncurrent Deferred & Refundable Income Taxes	9.54	8.14	6.34	5.47	6.16	7.73	7.47	5.97	2.98	-	-
Other Noncurrent Operating Assets	285	271	268	208	193	148	74	64	66	55	53
Total Liabilities & Shareholders' Equity	2,430	2,485	2,494	2,113	1,779	1,651	1,539	1,366	1,282	1,263	1,128
Total Liabilities	1,115	1,243	1,343	1,184	950	888	822	714	683	674	567
Total Current Liabilities	666	702	768	703	507	444	451	403	396	365	341
Short-Term Debt	64	67	66	51	67	57	54	62	64	45	25
Accounts Payable	173	214	270	311	171	134	144	129	133	131	120
Accrued Expenses	395	378	338	306	247	232	243	210	199	189	195
Current Deferred & Payable Income Tax Liabilities	0.00	10	16	12	0.32	0.01	1.69	0.32	-	0.09	0.53
Other Current Liabilities	34	32	26	23	21	20	-	-	-	-	-
Total Noncurrent Liabilities	449	541	574	481	444	444	370	312	287	310	226
Long-Term Debt	125	162	198	175	217	266	238	207	180	168	102
Capital Lease Obligations	190	177	148	-	-	-	-	-	-	-	-
Noncurrent Deferred & Payable Income Tax Liabilities	79	56	60	65	72	66	56	49	55	78	64
Noncurrent Employee Benefit Liabilities	13	13	12	17	19	20	32	40	36	51	42
Other Noncurrent Operating Liabilities	42	133	155	224	136	91	45	16	17	13	17
Total Equity & Noncontrolling Interests	1,314	1,242	1,151	929	829	763	718	651	599	589	561
Total Preferred & Common Equity	1,314	1,242	1,151	929	829	763	718	651	599	589	561
Total Common Equity	1,314	1,242	1,151	929	829	763	718	651	599	589	561
Common Stock	330	341	340	318	343	334	326	320	316	310	303
Retained Earnings	1,435	1,273	1,089	801	596	533	501	438	387	377	339
Treasury Stock	-451	-376	-284	-194	-111	-105	-95	-86	-80	-71	-58
Accumulated Other Comprehensive Income / (Loss)	0.27	4.32	7.10	3.70	1.19	0.20	-14	-21	-23	-27	-23

This table presents ArcBest's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	2,407	2,414	2,409	2,357	2,437	2,414	2,432	2,440
Total Current Assets	625	692	767	758	890	865	917	998
Cash & Equivalents	74	150	216	173	252	187	203	156
Short-Term Investments	25	41	45	68	89	153	162	146
Accounts Receivable	439	436	441	445	480	441	482	639
Prepaid Expenses	47	32	32	39	31	33	41	32
Other Current Assets	41	32	34	33	38	51	28	26
Plant, Property, & Equipment, net	1,063	1,049	971	938	862	829	805	746
Plant, Property & Equipment, gross	2,263	2,257	2,183	2,131	2,033	1,988	1,957	1,867
Accumulated Depreciation	1,199	1,207	1,212	1,194	1,171	1,160	1,151	1,121
Total Noncurrent Assets	718	673	670	661	685	720	709	696
Goodwill	305	305	305	305	305	305	305	307
Intangible Assets	85	92	95	98	104	107	111	117
Noncurrent Deferred & Refundable Income Taxes	9.27	8.29	9.97	10	7.62	6.92	7.29	5.56
Other Noncurrent Operating Assets	319	268	261	248	269	301	287	267
Total Liabilities & Shareholders' Equity	2,407	2,414	2,409	2,357	2,437	2,414	2,432	2,440
Total Liabilities	1,112	1,107	1,177	1,134	1,217	1,203	1,226	1,314
Total Current Liabilities	624	666	646	619	668	641	688	757
Short-Term Debt	67	62	59	63	67	65	108	64
Accounts Payable	167	205	222	210	246	246	254	330
Accrued Expenses	357	361	332	313	323	299	279	332
Other Current Liabilities	34	33	33	32	31	31	28	25
Total Noncurrent Liabilities	488	442	531	516	548	561	538	556
Long-Term Debt	148	118	145	149	176	168	186	190
Capital Lease Obligations	215	192	186	174	172	174	170	146
Noncurrent Deferred & Payable Income Tax Liabilities	79	66	46	45	50	53	51	69
Noncurrent Employee Benefit Liabilities	13	13	13	13	12	12	12	17
Other Noncurrent Operating Liabilities	33	52	142	135	138	154	118	135
Total Equity & Noncontrolling Interests	1,295	1,307	1,232	1,223	1,221	1,211	1,206	1,126
Total Preferred & Common Equity	1,295	1,307	1,232	1,223	1,221	1,211	1,206	1,126
Total Common Equity	1,295	1,307	1,232	1,223	1,221	1,211	1,206	1,126
Common Stock	332	328	325	343	339	336	341	337
Retained Earnings	1,436	1,409	1,312	1,267	1,227	1,195	1,157	1,054
Treasury Stock	-473	-432	-407	-391	-350	-326	-298	-269
Accumulated Other Comprehensive Income / (Loss)	-0.07	2.35	2.47	3.35	5.59	6.57	6.39	3.98

This table displays calculated financial ratios and metrics derived from ArcBest's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-5.61%	-11.96%	33.53%	28.09%	-1.61%	-3.41%	9.46%	4.68%	1.25%	2.07%	13.62%
EBITDA Growth	11.67%	-38.55%	31.41%	84.96%	29.60%	-14.92%	24.35%	18.32%	-20.09%	118.48%	184.86%
EBIT Growth	19.19%	-53.77%	39.67%	179.16%	78.06%	-37.20%	58.83%	77.43%	-57.92%	3.97%	217.69%
NOPAT Growth	47.57%	-56.14%	40.25%	182.56%	52.49%	-43.03%	22.41%	216.28%	-51.75%	2.82%	192.25%
Net Income Growth	-10.99%	-34.46%	39.66%	200.31%	77.82%	-40.55%	12.62%	220.21%	-58.42%	-2.87%	192.06%
EPS Growth	-7.94%	-32.16%	46.49%	196.65%	78.15%	-39.84%	11.56%	216.90%	-57.49%	-1.18%	186.44%
Operating Cash Flow Growth	-11.27%	-31.57%	45.53%	57.05%	20.91%	-33.28%	68.09%	35.71%	-24.94%	3.73%	53.75%
Free Cash Flow Firm Growth	-188.18%	-75.56%	257.40%	-172.61%	1,723.51%	-105.24%	7,861.20%	97.97%	-76.45%	-183.00%	368.41%
Invested Capital Growth	16.57%	8.51%	17.96%	38.49%	-3.21%	7.82%	-4.15%	10.82%	16.98%	18.38%	-1.20%
Revenue Q/Q Growth	-2.06%	-1.64%	3.97%	4.29%	3.48%	-1.87%	2.10%	0.80%	1.51%	-0.62%	3.42%
EBITDA Q/Q Growth	-6.67%	5.33%	-5.42%	15.66%	25.21%	-15.33%	2.67%	248.89%	225.61%	82.45%	7.90%
EBIT Q/Q Growth	-11.50%	8.59%	-7.64%	22.66%	74.56%	-36.73%	5.24%	37.48%	-14.83%	-14.18%	8.31%
NOPAT Q/Q Growth	-7.63%	8.96%	-8.50%	22.40%	60.59%	-38.89%	-13.63%	115.15%	-1.10%	-15.15%	8.15%
Net Income Q/Q Growth	-10.20%	6.23%	-8.63%	24.18%	70.76%	-34.27%	-24.02%	141.40%	-15.43%	-17.56%	10.00%
EPS Q/Q Growth	-10.10%	7.02%	-7.52%	24.30%	70.25%	-34.06%	-24.40%	139.36%	-13.41%	-17.73%	8.33%
Operating Cash Flow Q/Q Growth	-19.81%	2.23%	8.08%	10.39%	12.18%	-22.48%	11.45%	27.69%	-5.85%	2.75%	-1.16%
Free Cash Flow Firm Q/Q Growth	-253.95%	-44.20%	171.41%	-140.20%	74.24%	-108.89%	71.05%	95.71%	27.67%	-473.90%	-7.72%
Invested Capital Q/Q Growth	3.21%	1.78%	-0.81%	39.71%	-0.01%	1.87%	-4.03%	4.60%	4.45%	11.14%	2.54%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	8.74%	7.39%	10.58%	10.75%	7.45%	5.65%	6.42%	5.65%	5.00%	6.33%	2.96%
Operating Margin	5.85%	3.90%	7.85%	7.35%	3.34%	2.13%	3.53%	2.17%	1.26%	2.83%	2.65%
EBIT Margin	5.17%	4.09%	7.80%	7.46%	3.42%	1.89%	2.91%	2.00%	1.18%	2.84%	2.79%
Profit (Net Income) Margin	4.16%	4.41%	5.93%	5.67%	2.42%	1.34%	2.17%	2.11%	0.69%	1.68%	1.77%
Tax Burden Percent	79.54%	104.56%	76.80%	78.19%	76.87%	77.68%	79.71%	115.80%	65.94%	61.67%	65.40%
Interest Burden Percent	101.22%	103.11%	99.02%	97.26%	91.97%	91.12%	93.82%	91.08%	88.64%	95.89%	96.79%
Effective Tax Rate	20.74%	23.94%	24.12%	22.93%	23.13%	22.32%	20.29%	-15.80%	34.06%	38.33%	34.60%
Return on Invested Capital (ROIC)	13.58%	10.37%	26.68%	24.08%	10.00%	6.69%	11.95%	10.05%	3.61%	8.80%	9.29%
ROIC Less NNEP Spread (ROIC-NNEP)	0.27%	102.91%	25.26%	24.90%	21.09%	6,688.10%	-33.63%	-3.81%	-9.96%	12.51%	7.61%
Return on Net Nonoperating Assets (RNNOA)	0.03%	5.96%	1.99%	0.22%	-1.06%	-1.29%	-2.12%	-0.50%	-0.47%	-1.00%	-0.75%
Return on Equity (ROE)	13.61%	16.33%	28.67%	24.30%	8.93%	5.40%	9.83%	9.55%	3.14%	7.80%	8.54%
Cash Return on Invested Capital (CROIC)	-1.73%	2.21%	10.20%	-8.20%	13.25%	-0.83%	16.19%	-0.21%	-12.04%	-8.03%	10.50%
Operating Return on Assets (OROA)	8.79%	7.28%	17.02%	14.43%	5.86%	3.54%	6.19%	4.28%	2.51%	6.35%	6.80%
Return on Assets (ROA)	7.08%	7.85%	12.95%	10.97%	4.15%	2.51%	4.63%	4.51%	1.47%	3.75%	4.31%
Return on Common Equity (ROCE)	13.61%	16.33%	28.67%	24.30%	8.93%	5.40%	9.83%	9.55%	3.14%	7.80%	8.54%
Return on Equity Simple (ROE_SIMPLE)	13.24%	15.73%	25.90%	22.98%	8.58%	5.24%	9.37%	9.17%	3.11%	7.62%	8.23%
Net Operating Profit after Tax (NOPAT)	194	131	299	213	76	50	87	71	22	47	45
NOPAT Margin	4.64%	2.97%	5.95%	5.67%	2.57%	1.66%	2.81%	2.51%	0.83%	1.75%	1.73%
Net Nonoperating Expense Percent (NNEP)	13.31%	-92.54%	1.42%	-0.82%	-11.10%	-6,681.41%	45.58%	13.86%	13.57%	-3.70%	1.68%
Return On Investment Capital (ROIC_SIMPLE)	11.44%	7.97%	19.14%	-	-	-	-	-	-	-	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	94.15%	96.10%	92.16%	92.65%	96.66%	97.87%	96.47%	97.83%	98.74%	97.17%	97.35%
Earnings before Interest and Taxes (EBIT)	216	181	392	281	101	56	90	57	32	76	73
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	365	327	532	405	219	169	199	160	135	169	77
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.66	2.28	1.47	3.25	1.28	0.89	1.18	1.34	1.11	0.87	1.97
Price to Tangible Book Value (P/TBV)	2.37	3.38	2.31	6.01	1.55	1.11	1.56	1.86	1.63	1.24	2.69
Price to Revenue (P/Rev)	0.52	0.64	0.34	0.80	0.36	0.23	0.27	0.31	0.25	0.19	0.42
Price to Earnings (P/E)	12.54	14.48	5.68	14.14	14.96	17.06	12.55	14.60	35.69	11.44	23.97
Dividend Yield	0.52%	0.40%	0.81%	0.27%	0.76%	1.20%	0.97%	0.94%	1.23%	1.32%	0.35%
Earnings Yield	7.98%	6.91%	17.61%	7.07%	6.68%	5.86%	7.97%	6.85%	2.80%	8.74%	4.17%
Enterprise Value to Invested Capital (EV/IC)	1.56	2.20	1.47	3.03	1.32	0.89	1.18	1.30	1.10	0.87	2.13
Enterprise Value to Revenue (EV/Rev)	0.58	0.66	0.35	0.83	0.33	0.23	0.27	0.34	0.27	0.19	0.39
Enterprise Value to EBITDA (EV/EBITDA)	6.58	8.88	3.34	7.70	4.47	4.07	4.22	6.04	5.46	2.95	13.33
Enterprise Value to EBIT (EV/EBIT)	11.12	16.02	4.54	11.11	9.73	12.17	9.33	17.02	23.10	6.56	14.12
Enterprise Value to NOPAT (EV/NOPAT)	12.40	22.12	5.94	14.62	12.95	13.87	9.64	13.57	32.83	10.69	22.75
Enterprise Value to Operating Cash Flow (EV/OCF)	8.41	9.02	3.78	9.64	4.75	4.03	3.28	6.35	6.59	3.34	7.17
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	103.83	15.55	0.00	9.77	0.00	7.12	0.00	0.00	0.00	20.14
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.29	0.33	0.36	0.24	0.34	0.42	0.41	0.41	0.41	0.36	0.23
Long-Term Debt to Equity	0.24	0.27	0.30	0.19	0.26	0.35	0.33	0.32	0.30	0.28	0.18
Financial Leverage	0.12	0.06	0.08	0.01	-0.05	0.00	0.06	0.13	0.05	-0.08	-0.10
Leverage Ratio	1.92	2.08	2.21	2.21	2.16	2.15	2.12	2.12	2.14	2.08	1.98
Compound Leverage Factor	1.95	2.14	2.19	2.15	1.98	1.96	1.99	1.93	1.90	1.99	1.92
Debt to Total Capital	22.39%	24.61%	26.37%	19.53%	25.54%	29.77%	28.90%	29.22%	28.91%	26.52%	18.55%
Short-Term Debt to Total Capital	3.78%	4.06%	4.24%	4.38%	6.03%	5.27%	5.36%	6.73%	7.61%	5.61%	3.67%
Long-Term Debt to Total Capital	18.61%	20.55%	22.14%	15.15%	19.51%	24.50%	23.54%	22.49%	21.30%	20.92%	14.88%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	77.61%	75.39%	73.63%	80.47%	74.46%	70.23%	71.10%	70.78%	71.09%	73.48%	81.45%
Debt to EBITDA	1.04	1.24	0.78	0.56	1.30	1.91	1.47	1.68	1.81	1.26	1.65
Net Debt to EBITDA	0.61	0.23	0.16	0.25	-0.39	0.03	-0.03	0.57	0.53	-0.09	-0.99
Long-Term Debt to EBITDA	0.86	1.04	0.65	0.43	0.99	1.58	1.20	1.30	1.33	0.99	1.33
Debt to NOPAT	1.96	3.09	1.38	1.06	3.76	6.53	3.35	3.79	10.85	4.56	2.82
Net Debt to NOPAT	1.15	0.58	0.29	0.47	-1.13	0.10	-0.06	1.29	3.19	-0.33	-1.69
Long-Term Debt to NOPAT	1.63	2.58	1.16	0.82	2.87	5.37	2.73	2.91	7.99	3.60	2.26
Altman Z-Score	4.02	4.19	4.01	4.32	3.15	3.00	3.43	3.49	3.28	3.36	4.31
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.01	1.26	1.29	1.10	1.50	1.50	1.44	1.30	1.24	1.51	1.51
Quick Ratio	0.88	1.16	1.11	1.03	1.39	1.40	1.36	1.18	1.15	1.29	1.28
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-25	28	114	-73	100	-6.17	118	-1.52	-75	-42	51
Operating Cash Flow to CapEx	127.25%	143.67%	322.89%	500.35%	466.66%	191.55%	512.41%	212.94%	160.05%	185.72%	368.89%
Free Cash Flow to Firm to Interest Expense	-2.75	3.08	14.82	-8.16	8.56	-0.54	12.44	-0.24	-14.54	-9.65	16.03
Operating Cash Flow to Interest Expense	31.83	35.43	60.94	36.29	17.61	14.86	26.97	23.95	21.74	33.89	45.07
Operating Cash Flow Less CapEx to Interest Expense	6.82	10.77	42.07	29.04	13.84	7.10	21.71	12.70	8.16	15.64	32.85
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.70	1.78	2.18	1.94	1.71	1.87	2.13	2.14	2.12	2.23	2.44
Accounts Receivable Turnover	9.15	8.76	8.95	8.09	9.24	9.68	10.07	9.73	10.28	11.17	11.76
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	4.22	5.16	6.72	5.48	4.32	4.55	5.06	5.03	5.32	5.97	6.50
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	39.88	41.66	40.79	45.10	39.51	37.71	36.26	37.53	35.52	32.67	31.05
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	39.88	41.66	40.79	45.10	39.51	37.71	36.26	37.53	35.52	32.67	31.05
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,536	1,318	1,215	1,030	743	768	712	743	671	573	484
Invested Capital Turnover	2.93	3.50	4.48	4.25	3.89	4.04	4.25	4.00	4.34	5.04	5.36
Increase / (Decrease) in Invested Capital	218	103	185	286	-25	56	-31	73	97	89	-5.87
Enterprise Value (EV)	2,403	2,905	1,780	3,120	979	687	839	964	737	498	1,030
Market Capitalization	2,181	2,829	1,693	3,020	1,064	682	844	872	666	513	1,107
Book Value per Share	$56.17	$52.50	$47.15	$36.34	$32.61	$29.92	$27.94	$25.41	$23.38	$22.68	$21.54
Tangible Book Value per Share	$39.36	$35.35	$30.02	$19.64	$26.97	$24.15	$21.04	$18.32	$15.99	$16.00	$15.79
Total Capital	1,693	1,648	1,564	1,155	1,113	1,087	1,009	920	843	801	689
Total Debt	379	406	412	226	284	324	292	269	244	213	128
Total Long-Term Debt	315	339	346	175	217	266	238	207	180	168	102
Net Debt	222	75	87	101	-85	5.03	-5.32	92	72	-15	-77
Capital Expenditures (CapEx)	225	224	146	65	44	89	50	71	70	80	39
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-84	-80	-38	-0.99	-51	-41	-45	4.52	-13	4.44	-4.87
Debt-free Net Working Capital (DFNWC)	74	250	288	124	319	277	252	182	159	232	199
Net Working Capital (NWC)	9.66	183	221	73	252	220	198	120	95	187	174
Net Nonoperating Expense (NNE)	20	-64	1.16	-0.06	4.44	9.55	20	11	3.81	1.70	-0.90
Net Nonoperating Obligations (NNO)	222	75	63	101	-85	5.03	-5.32	92	72	-15	-77
Total Depreciation and Amortization (D&A)	149	146	140	124	118	112	109	103	103	93	4.35
Debt-free, Cash-free Net Working Capital to Revenue	-2.00%	-1.80%	-0.76%	-0.03%	-1.72%	-1.37%	-1.45%	0.16%	-0.48%	0.17%	-0.19%
Debt-free Net Working Capital to Revenue	1.76%	5.65%	5.72%	3.29%	10.84%	9.28%	8.14%	6.43%	5.89%	8.71%	7.63%
Net Working Capital to Revenue	0.23%	4.14%	4.40%	1.95%	8.56%	7.37%	6.40%	4.24%	3.52%	7.03%	6.67%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$7.39	$8.14	$12.13	$8.38	$2.80	$1.56	$2.61	$2.32	$0.72	$1.71	$1.69
Adjusted Weighted Average Basic Shares Outstanding	23.55M	24.02M	24.59M	25.47M	25.41M	25.54M	25.68M	25.68M	25.75M	26.01M	25.99M
Adjusted Diluted Earnings per Share	$7.30	$7.93	$11.69	$7.98	$2.69	$1.51	$2.51	$2.25	$0.71	$1.67	$1.69
Adjusted Weighted Average Diluted Shares Outstanding	23.82M	24.63M	25.50M	26.77M	26.42M	26.45M	26.70M	26.42M	26.26M	26.53M	25.99M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	23.15M	23.52M	24.26M	24.60M	25.40M	25.37M	25.57M	25.64M	25.61M	25.78M	25.99M
Normalized Net Operating Profit after Tax (NOPAT)	194	131	299	213	76	50	87	43	22	47	45
Normalized NOPAT Margin	4.64%	2.97%	5.95%	5.67%	2.57%	1.66%	2.81%	1.52%	0.83%	1.75%	1.73%
Pre Tax Income Margin	5.23%	4.22%	7.72%	7.25%	3.15%	1.72%	2.73%	1.82%	1.05%	2.73%	2.70%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	24.06	19.93	50.76	31.50	8.60	4.93	9.50	8.93	6.20	17.24	22.87
NOPAT to Interest Expense	21.58	14.44	38.75	23.95	6.46	4.32	9.18	11.20	4.36	10.58	14.19
EBIT Less CapEx to Interest Expense	-0.95	-4.72	31.88	24.24	4.82	-2.83	4.24	-2.32	-7.38	-1.01	10.65
NOPAT Less CapEx to Interest Expense	-3.44	-10.22	19.88	16.69	2.68	-3.44	3.92	-0.05	-9.22	-7.67	1.98
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	6.49%	5.91%	3.63%	3.81%	11.47%	20.48%	12.26%	13.84%	44.60%	15.24%	8.88%
Augmented Payout Ratio	49.74%	52.74%	25.43%	42.73%	20.75%	43.26%	26.24%	23.91%	95.58%	43.70%	8.88%

This table displays calculated financial ratios and metrics derived from ArcBest's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-6.69%	-8.07%	-5.78%	-2.32%	-6.30%	-6.36%	-11.55%	-16.51%	-12.77%	19.78%	25.48%
EBITDA Growth	47.23%	-25.25%	109.51%	1.66%	-46.73%	19.06%	-45.07%	-50.78%	-54.05%	-25.97%	26.72%
EBIT Growth	200.26%	-42.55%	200.70%	1.93%	-125.13%	27.77%	-60.76%	-64.61%	-75.10%	-38.56%	31.00%
NOPAT Growth	-68.33%	-36.02%	194.93%	35.88%	-7.28%	30.70%	-62.37%	-67.33%	-75.81%	-43.88%	37.86%
Net Income Growth	235.42%	-40.49%	187.29%	16.03%	-103.24%	30.67%	-60.70%	-60.53%	2.46%	-42.99%	39.49%
EPS Growth	230.00%	-40.39%	197.89%	19.51%	-103.52%	34.44%	-59.43%	-59.00%	5.97%	-38.62%	47.06%
Operating Cash Flow Growth	-445.15%	-55.42%	-2.36%	60.94%	-68.70%	5.85%	-45.12%	-57.58%	283.62%	41.32%	79.38%
Free Cash Flow Firm Growth	-422.34%	-230.82%	-157.46%	34.95%	-20.45%	61.82%	90.77%	85.22%	90.45%	32.99%	-658.89%
Invested Capital Growth	18.77%	16.57%	14.96%	6.43%	4.90%	8.51%	5.75%	7.49%	4.57%	17.96%	66.14%
Revenue Q/Q Growth	-3.45%	-5.78%	-1.36%	4.00%	-4.88%	-3.44%	2.26%	-0.24%	-4.93%	-8.80%	-3.48%
EBITDA Q/Q Growth	-40.81%	-55.19%	104.49%	171.46%	-69.95%	25.60%	-0.78%	42.24%	-32.83%	-42.05%	-11.10%
EBIT Q/Q Growth	-84.76%	-72.09%	182.65%	933.87%	-108.73%	46.10%	-4.19%	105.56%	-55.60%	-55.13%	-13.57%
NOPAT Q/Q Growth	-83.19%	-70.14%	112.76%	196.47%	-66.03%	37.65%	-1.98%	102.31%	-52.12%	-60.36%	-14.90%
Net Income Q/Q Growth	-89.22%	-71.06%	113.78%	2,129.58%	-104.74%	39.73%	-13.66%	-43.26%	90.92%	-57.97%	-13.29%
EPS Q/Q Growth	-89.26%	-71.39%	115.82%	2,060.00%	-104.93%	42.96%	-13.41%	-42.25%	88.08%	-56.86%	-12.50%
Operating Cash Flow Q/Q Growth	-139.30%	-36.07%	-33.57%	1,967.96%	-94.92%	40.02%	9.51%	302.14%	-82.83%	-27.41%	-15.34%
Free Cash Flow Firm Q/Q Growth	-33.37%	-99.45%	-165.53%	26.05%	15.53%	-55.22%	32.91%	-36.94%	73.23%	62.45%	-7.37%
Invested Capital Q/Q Growth	5.77%	3.21%	9.43%	-0.57%	3.81%	1.78%	1.31%	-2.00%	7.38%	-0.81%	2.98%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	4.73%	7.72%	16.22%	7.83%	3.00%	9.49%	7.30%	7.52%	5.27%	7.46%	11.75%
Operating Margin	0.69%	3.81%	12.70%	4.53%	2.16%	5.90%	4.00%	3.82%	1.91%	4.32%	9.04%
EBIT Margin	0.60%	3.79%	12.78%	4.46%	-0.56%	6.06%	4.00%	4.27%	2.07%	4.44%	9.03%
Profit (Net Income) Margin	0.32%	2.90%	9.44%	4.35%	-0.22%	4.48%	3.09%	3.67%	6.44%	3.21%	6.96%
Tax Burden Percent	75.01%	77.51%	73.38%	95.32%	49.43%	71.96%	74.47%	83.09%	302.75%	72.10%	77.58%
Interest Burden Percent	72.23%	98.78%	100.62%	102.42%	81.14%	102.72%	103.78%	103.22%	102.64%	100.24%	99.45%
Effective Tax Rate	24.99%	22.49%	26.62%	4.68%	0.00%	28.04%	25.51%	18.64%	19.95%	29.55%	22.62%
Return on Invested Capital (ROIC)	1.41%	8.65%	28.57%	14.19%	4.94%	14.84%	10.64%	11.70%	5.84%	13.63%	34.50%
ROIC Less NNEP Spread (ROIC-NNEP)	0.64%	8.28%	29.55%	14.56%	-9.85%	18.53%	12.18%	18.12%	35.84%	16.02%	35.14%
Return on Net Nonoperating Assets (RNNOA)	0.12%	0.96%	2.99%	1.17%	-0.99%	1.07%	0.89%	1.53%	5.93%	1.26%	-2.12%
Return on Equity (ROE)	1.53%	9.61%	31.56%	15.35%	3.95%	15.91%	11.53%	13.24%	11.77%	14.89%	32.38%
Cash Return on Invested Capital (CROIC)	-5.12%	-1.73%	1.15%	4.75%	5.09%	2.21%	3.98%	7.05%	14.85%	10.20%	-16.34%
Operating Return on Assets (OROA)	1.03%	6.44%	22.48%	8.01%	-1.01%	10.77%	7.39%	8.44%	4.35%	9.69%	19.83%
Return on Assets (ROA)	0.56%	4.93%	16.60%	7.82%	-0.41%	7.96%	5.71%	7.24%	13.52%	7.01%	15.30%
Return on Common Equity (ROCE)	1.53%	9.61%	31.56%	15.35%	3.95%	15.91%	11.53%	13.24%	11.77%	14.89%	32.38%
Return on Equity Simple (ROE_SIMPLE)	13.86%	0.00%	14.82%	10.42%	9.96%	0.00%	15.07%	19.64%	24.87%	0.00%	28.98%
Net Operating Profit after Tax (NOPAT)	4.97	30	99	47	16	46	34	34	17	35	89
NOPAT Margin	0.51%	2.95%	9.32%	4.32%	1.52%	4.24%	2.98%	3.11%	1.53%	3.04%	7.00%
Net Nonoperating Expense Percent (NNEP)	0.77%	0.37%	-0.98%	-0.37%	14.79%	-3.69%	-1.54%	-6.42%	-30.00%	-2.40%	-0.64%
Return On Investment Capital (ROIC_SIMPLE)	0.29%	1.75%	-	-	-	2.81%	-	-	-	2.26%	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	99.31%	96.19%	87.30%	95.47%	97.84%	94.10%	96.00%	96.18%	98.09%	95.68%	90.96%
Earnings before Interest and Taxes (EBIT)	5.78	38	136	48	-5.76	66	45	47	23	52	115
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	46	77	172	84	31	103	82	83	58	87	150
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.26	1.66	1.96	2.04	2.75	2.28	1.99	1.94	1.85	1.47	1.57
Price to Tangible Book Value (P/TBV)	1.81	2.37	2.82	3.01	4.10	3.38	3.00	2.95	2.82	2.31	2.51
Price to Revenue (P/Rev)	0.40	0.52	0.60	0.58	0.77	0.64	0.54	0.51	0.46	0.34	0.36
Price to Earnings (P/E)	9.11	12.54	13.24	19.53	27.61	14.48	13.22	9.90	7.43	5.68	5.41
Dividend Yield	0.68%	0.52%	0.44%	0.45%	0.34%	0.40%	0.59%	0.61%	0.65%	0.81%	0.56%
Earnings Yield	10.98%	7.98%	7.55%	5.12%	3.62%	6.91%	7.56%	10.10%	13.47%	17.61%	18.49%
Enterprise Value to Invested Capital (EV/IC)	1.21	1.56	1.84	1.94	2.57	2.20	1.94	1.89	1.78	1.47	1.52
Enterprise Value to Revenue (EV/Rev)	0.48	0.58	0.64	0.61	0.81	0.66	0.56	0.52	0.48	0.35	0.39
Enterprise Value to EBITDA (EV/EBITDA)	5.17	6.58	7.02	8.75	11.71	8.88	8.07	6.41	5.02	3.34	3.31
Enterprise Value to EBIT (EV/EBIT)	8.63	11.12	11.25	17.17	23.00	16.02	15.01	10.22	7.20	4.54	4.39
Enterprise Value to NOPAT (EV/NOPAT)	10.90	12.40	13.09	18.19	26.60	22.12	20.80	13.75	9.44	5.94	5.69
Enterprise Value to Operating Cash Flow (EV/OCF)	7.64	8.41	7.70	7.35	11.40	9.02	7.95	6.21	4.63	3.78	4.28
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	171.35	42.05	51.60	103.83	49.99	27.83	12.28	15.55	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.33	0.29	0.29	0.32	0.32	0.33	0.34	0.34	0.38	0.36	0.35
Long-Term Debt to Equity	0.28	0.24	0.24	0.27	0.26	0.27	0.29	0.28	0.30	0.30	0.30
Financial Leverage	0.19	0.12	0.10	0.08	0.10	0.06	0.07	0.08	0.17	0.08	-0.06
Leverage Ratio	1.89	1.92	1.92	1.97	1.97	2.08	2.08	2.07	2.12	2.21	2.11
Compound Leverage Factor	1.37	1.90	1.93	2.02	1.60	2.14	2.16	2.14	2.18	2.22	2.10
Debt to Total Capital	24.88%	22.39%	22.18%	24.01%	24.01%	24.61%	25.37%	25.16%	27.79%	26.37%	26.18%
Short-Term Debt to Total Capital	3.87%	3.78%	3.70%	3.62%	3.93%	4.06%	4.09%	4.01%	6.46%	4.24%	4.16%
Long-Term Debt to Total Capital	21.01%	18.61%	18.48%	20.40%	20.08%	20.55%	21.28%	21.15%	21.33%	22.14%	22.02%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	75.12%	77.61%	77.82%	75.99%	75.99%	75.39%	74.63%	74.85%	72.21%	73.63%	73.82%
Debt to EBITDA	1.13	1.04	0.95	1.29	1.29	1.24	1.34	1.08	1.00	0.78	0.71
Net Debt to EBITDA	0.87	0.61	0.46	0.43	0.48	0.23	0.24	0.18	0.21	0.16	0.17
Long-Term Debt to EBITDA	0.95	0.86	0.79	1.10	1.08	1.04	1.12	0.91	0.77	0.65	0.60
Debt to NOPAT	2.38	1.96	1.78	2.69	2.93	3.09	3.44	2.31	1.88	1.38	1.22
Net Debt to NOPAT	1.83	1.15	0.87	0.89	1.10	0.58	0.61	0.38	0.40	0.29	0.30
Long-Term Debt to NOPAT	2.01	1.63	1.48	2.28	2.45	2.58	2.89	1.94	1.45	1.16	1.03
Altman Z-Score	3.43	3.78	4.17	3.96	4.44	4.04	3.92	3.97	3.90	3.56	3.67
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.00	1.01	1.04	1.19	1.23	1.26	1.33	1.35	1.33	1.29	1.32
Quick Ratio	0.86	0.88	0.94	1.09	1.11	1.16	1.23	1.22	1.23	1.11	1.24
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-252	-189	-95	-36	-48	-57	-37	-55	-40	-150	-398
Operating Cash Flow to CapEx	-155.34%	117.02%	135.14%	252.54%	11.27%	140.01%	198.24%	163.34%	56.68%	172.54%	615.45%
Free Cash Flow to Firm to Interest Expense	-91.42	-78.91	-41.51	-17.16	-21.64	-24.54	-16.45	-24.86	-17.20	-68.97	-226.91
Operating Cash Flow to Interest Expense	-8.10	23.74	38.95	64.36	2.90	54.78	40.70	37.68	8.88	55.52	94.49
Operating Cash Flow Less CapEx to Interest Expense	-13.32	3.45	10.13	38.87	-22.86	15.65	20.17	14.61	-6.79	23.34	79.14
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.73	1.70	1.76	1.80	1.82	1.78	1.85	1.97	2.10	2.18	2.20
Accounts Receivable Turnover	9.30	9.15	9.31	9.82	9.40	8.76	8.05	8.31	8.25	8.95	8.98
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	4.11	4.22	4.46	4.81	5.00	5.16	5.60	6.04	6.50	6.72	6.76
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	39.27	39.88	39.20	37.16	38.82	41.66	45.37	43.93	44.26	40.79	40.65
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	39.27	39.88	39.20	37.16	38.82	41.66	45.37	43.93	44.26	40.79	40.65
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,625	1,536	1,489	1,360	1,368	1,318	1,295	1,278	1,304	1,215	1,224
Invested Capital Turnover	2.75	2.93	3.07	3.28	3.26	3.50	3.57	3.77	3.82	4.48	4.93
Increase / (Decrease) in Invested Capital	257	218	194	82	64	103	70	89	57	185	487
Enterprise Value (EV)	1,964	2,403	2,746	2,635	3,510	2,905	2,506	2,421	2,326	1,780	1,863
Market Capitalization	1,634	2,181	2,564	2,506	3,364	2,829	2,432	2,354	2,227	1,693	1,765
Book Value per Share	$55.93	$56.17	$55.28	$52.56	$51.90	$52.50	$50.81	$50.57	$49.71	$47.15	$45.92
Tangible Book Value per Share	$39.07	$39.36	$38.52	$35.51	$34.80	$35.35	$33.79	$33.36	$32.59	$30.02	$28.62
Total Capital	1,724	1,693	1,680	1,621	1,609	1,648	1,636	1,618	1,670	1,564	1,526
Total Debt	429	379	373	389	386	406	415	407	464	412	399
Total Long-Term Debt	362	315	310	331	323	339	348	342	356	346	336
Net Debt	330	222	181	129	145	75	74	67	98	87	98
Capital Expenditures (CapEx)	14	49	66	53	57	91	46	51	36	70	27
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-31	-84	-103	-80	-38	-80	-52	-52	-29	-38	2.89
Debt-free Net Working Capital (DFNWC)	68	74	89	180	203	250	289	289	337	288	304
Net Working Capital (NWC)	0.82	9.66	26	121	140	183	222	224	229	221	241
Net Nonoperating Expense (NNE)	1.84	0.54	-1.26	-0.36	18	-2.56	-1.33	-6.18	-54	-1.96	0.40
Net Nonoperating Obligations (NNO)	330	222	181	129	145	75	74	67	98	63	98
Total Depreciation and Amortization (D&A)	40	39	37	36	37	37	37	36	35	35	35
Debt-free, Cash-free Net Working Capital to Revenue	-0.76%	-2.00%	-2.40%	-1.86%	-0.87%	-1.80%	-1.16%	-1.11%	-0.59%	-0.76%	0.06%
Debt-free Net Working Capital to Revenue	1.64%	1.76%	2.08%	4.15%	4.66%	5.65%	6.41%	6.21%	6.92%	5.72%	6.29%
Net Working Capital to Revenue	0.02%	0.23%	0.62%	2.80%	3.21%	4.14%	4.93%	4.82%	4.70%	4.40%	4.98%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.13	$1.25	$4.25	$1.99	($0.10)	$2.08	$1.45	$1.68	$2.93	$1.54	$3.61
Adjusted Weighted Average Basic Shares Outstanding	23.20M	23.55M	23.62M	23.62M	23.56M	24.02M	24.00M	24.06M	24.29M	24.59M	24.61M
Adjusted Diluted Earnings per Share	$0.13	$1.21	$4.23	$1.96	($0.10)	$2.03	$1.42	$1.64	$2.84	$1.51	$3.50
Adjusted Weighted Average Diluted Shares Outstanding	23.27M	23.82M	23.69M	23.92M	23.56M	24.63M	24.53M	24.67M	25.06M	25.50M	25.37M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	22.91M	23.15M	23.40M	23.65M	23.43M	23.52M	23.66M	24.02M	23.95M	24.26M	24.42M
Normalized Net Operating Profit after Tax (NOPAT)	4.97	30	99	47	16	46	34	34	17	35	89
Normalized NOPAT Margin	0.51%	2.95%	9.32%	4.32%	1.52%	4.24%	2.98%	3.11%	1.53%	3.04%	7.00%
Pre Tax Income Margin	0.43%	3.74%	12.86%	4.57%	-0.45%	6.22%	4.16%	4.41%	2.13%	4.45%	8.98%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.10	15.85	59.56	23.13	-2.59	28.38	20.21	21.39	9.86	23.83	65.61
NOPAT to Interest Expense	1.81	12.36	43.43	22.41	7.05	19.88	15.02	15.54	7.28	16.32	50.85
EBIT Less CapEx to Interest Expense	-3.12	-4.44	30.74	-2.35	-28.35	-10.75	-0.32	-1.69	-5.81	-8.35	50.26
NOPAT Less CapEx to Interest Expense	-3.41	-7.92	14.61	-3.08	-18.71	-19.25	-5.51	-7.53	-8.39	-15.86	35.50
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	6.27%	6.49%	5.85%	8.87%	9.40%	5.91%	6.32%	4.92%	3.92%	3.63%	3.03%
Augmented Payout Ratio	51.74%	49.74%	48.05%	72.71%	85.81%	52.74%	50.23%	36.45%	24.79%	25.43%	41.37%

Frequently Asked Questions About ArcBest's Financials

When does ArcBest's fiscal year end?

According to the most recent income statement we have on file, ArcBest's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has ArcBest's net income changed over the last 10 years?

ArcBest's net income appears to be on an upward trend, with a most recent value of $173.96 million in 2024, rising from $46.18 million in 2014. The previous period was $195.43 million in 2023. View ArcBest's forecast to see where analysts expect ArcBest to go next.

What is ArcBest's operating income?

ArcBest's total operating income in 2024 was $244.43 million, based on the following breakdown:

Total Gross Profit: $4.18 billion
Total Operating Expenses: $3.93 billion

How has ArcBest revenue changed over the last 10 years?

Over the last 10 years, ArcBest's total revenue changed from $2.61 billion in 2014 to $4.18 billion in 2024, a change of 60.0%.

How much debt does ArcBest have?

ArcBest's total liabilities were at $1.12 billion at the end of 2024, a 10.2% decrease from 2023, and a 96.8% increase since 2014.

How much cash does ArcBest have?

In the past 10 years, ArcBest's cash and equivalents has ranged from $76.62 million in 2021 to $303.95 million in 2020, and is currently $127.44 million as of their latest financial filing in 2024.

How has ArcBest's book value per share changed over the last 10 years?

Over the last 10 years, ArcBest's book value per share changed from 21.54 in 2014 to 56.17 in 2024, a change of 160.7%.

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This page (NASDAQ:ARCB) was last updated on 5/22/2025 by MarketBeat.com Staff

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ArcBest (ARCB) Financials

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ArcBest (ARCB) Financials

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