ArcBest Corporation
Description
ArcBest Corporation, an integrated logistics company, engages in the provision of ground, air, and ocean transportation solutions. It operates through two segments: Asset-Based and Asset-Light. The Asset-Based segment provides less-than-truckload (LTL) services, that transports general commodities, such as food, textiles, apparel, furniture, appliances, chemicals, non-bulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and miscellaneous manufactured products. The segment also offers motor carrier freight transportation services to customers in Mexico through arrangements with trucking companies. The Asset-Light segment provides ground expedite services; third-party transportation brokerage services by sourcing various capacity solutions, including dry van over-the-road, temperature-controlled and refrigerated, flatbed, intermodal or container shipping, and specialized equipment; less-than- and full container load ocean transportation services; warehousing and distribution services; managed transportation services; and moving services to do-it-yourself' consumer, as well as provides final mile, time critical, product launch, retail logistics, supply chain optimization, and trade show shipping services. This segment also offers premium logistics services, such as deployment of specialized equipment to meet linehaul requirements; international freight transportation with air, ocean, and ground services; and engages in the final mile, time-critical, product launch, retail logistics, supply chain optimization, brokered LTL, and trade show shipping activities. The company was formerly known as Arkansas Best Corporation and changed its name to ArcBest Corporation in May 2014. ArcBest Corporation was founded in 1923 and is headquartered in Fort Smith, Arkansas.
About
CEO
Ms. Judy R. McReynolds CPA
Employees
15,000
Instrument type
Common Stock
Sector
Industrials
Industry
Trucking
MIC code
XNGS
Address
8401 McClure Drive, Fort Smith, AR 72916, United States
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Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 30, 2025 | — | — | — | — |
| Jul 31, 2025 | — | — | — | — |
| Apr 28, 2025 | — | — | — | — |
| Feb 4, 2025 | 1.11 | — | — | — |
| Nov 1, 2024 | 1.83 | 1.64 | -0.19 | -10.38% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 9 | — | 12 |
| Average estimate | — | 0.82 | — | 7.37 |
| Low estimate | — | 0.42 | — | 5.40 |
| High estimate | — | 1.48 | — | 10.14 |
| Last year EPS | — | 1.34 | — | 6.01 |
[stock_revenue_estimate]
Growth estimates
Current qtr
-52.900%
Next qtr. (Mar 2025)
-4.250%
Current year
6.100%
Next year (Dec 2025)
47.940%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 4.43B | 5.03B | 3.77B | 2.94B | 2.99B |
| Cost of revenue | 4.05B | 4.46B | 3.36B | 2.71B | 2.77B |
| Gross profit | 378.43M | 573.52M | 406.33M | 228.13M | 216.43M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | — | — | 452.24M | 359.73M | 357.86M |
| Other operating expenses | 194.75M | 160.70M | 129.35M | 129.85M | 126.15M |
| Operating income | 183.68M | 412.83M | 276.98M | 98.28M | 90.28M |
| Non operating interest income | |||||
| Income | 14.73M | 3.87M | 1.23M | 3.62M | 6.45M |
| Expense | 9.09M | 7.73M | 8.91M | 11.70M | 11.47M |
| Other income expense | -2.40M | -20.67M | 3.80M | 2.30M | -33.80M |
| Pretax income | 186.92M | 388.30M | 273.09M | 92.50M | 51.47M |
| Tax provision | 44.75M | 93.66M | 62.63M | 21.40M | 11.49M |
| Net income | 195.43M | 298.21M | 213.52M | 71.10M | 39.99M |
| Basic EPS | 8.14 | 12.13 | 8.38 | 2.80 | 1.56 |
| Diluted EPS | 7.93 | 11.69 | 7.98 | 2.69 | 1.51 |
| Basic average shares | 24.02M | 24.59M | 25.47M | 25.41M | 25.54M |
| Diluted average shares | 24.02M | 24.59M | 25.47M | 25.41M | 25.54M |
| EBITDA | 352.80M | 554.37M | 406.22M | 222.58M | 201.92M |
| Net income from continuing op. | 195.43M | 298.21M | 213.52M | 71.10M | 39.99M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | 22,000 |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 2.49B | 2.49B | 2.11B | 1.78B | 1.65B |
| Current assets | |||||
| Cash | 168.47M | 137.25M | 72.79M | 240.69M | 166.62M |
| Cash equivalents | 93.75M | 21.02M | 3.83M | 63.27M | 35.29M |
| Cash and cash equivalents | 262.23M | 158.26M | 76.62M | 303.95M | 201.91M |
| Other short term investments | 67.84M | 167.66M | 48.34M | 65.41M | 116.58M |
| Accounts receivable | 430.12M | 517.49M | 582.34M | 320.87M | 282.58M |
| Other receivables | 52.12M | 11.02M | 13.09M | 14.34M | 18.77M |
| Inventory | — | — | — | — | — |
| Prepaid assets | 37.03M | 39.48M | 40.10M | 37.77M | 30.38M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | 64.74M | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 11.12M | 11.89M | 5.90M | 4.42M | 4.75M |
| Non current assets | |||||
| Properties | 1.30B | 1.21B | 1.09B | 1.03B | 964.49M |
| Land and improvements | 460.07M | 401.84M | 350.69M | 342.18M | 342.12M |
| Machinery furniture equipment | 492.82M | 465.40M | 427.07M | 397.00M | 384.42M |
| Construction in progress | — | — | — | — | — |
| Leases | 24.43M | 23.47M | 16.93M | 15.16M | 10.38M |
| Accumulated depreciation | -1.19B | -1.13B | -1.08B | -992.41M | -949.36M |
| Goodwill | 710.66M | 723.24M | 727.25M | 231.62M | 235.47M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 101.15M | 113.73M | 126.58M | 54.98M | 58.83M |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 109.59M | 119.33M | 107.10M | 83.65M | 87.59M |
| Total liabilities | 1.24B | 1.34B | 1.18B | 950.42M | 888.16M |
| Current liabilities | |||||
| Accounts payable | 214.00M | 269.85M | 311.40M | 170.90M | 134.37M |
| Accrued expenses | 89.49M | 74.12M | 68.34M | 64.69M | 63.73M |
| Short term debt | 99.12M | 92.48M | 73.36M | 88.59M | 77.57M |
| Deferred revenue | — | — | — | — | — |
| Tax payable | 21.15M | 27.39M | 22.31M | 10.78M | 8.73M |
| Pensions | 277.80M | 252.96M | 227.29M | 171.59M | 159.87M |
| Other current liabilities | — | 51.67M | — | — | — |
| Non current liabilities | |||||
| Long term debt | 338.61M | 346.20M | 263.75M | 314.96M | 318.49M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 55.79M | 60.49M | 64.89M | 72.41M | 66.21M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 133.45M | 154.75M | 135.54M | 37.95M | 38.89M |
| Shareholders equity | |||||
| Common stock | 300,000 | 298,000 | 294,000 | 290,000 | 288,000 |
| Retained earnings | 1.27B | 1.09B | 801.31M | 595.93M | 533.19M |
| Other shareholders equity | 4.32M | 7.10M | 3.70M | 1.19M | 203,000 |
| Total shareholders equity | 1.24B | 1.15B | 929.07M | 828.59M | 763.04M |
| Additional paid in capital | 340.96M | 339.58M | 318.03M | 342.35M | 333.94M |
| Treasury stock | 375.81M | 284.28M | 194.27M | 111.17M | 104.58M |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||
| Net Income | 195.43M | 298.21M | 213.52M | 71.10M | 39.99M | 67.26M | 59.73M | 18.65M | 44.85M | 46.18M | 15.81M | -7.73M | 6.33M | -32.42M | -127.52M | 29.17M | 56.83M | 81.03M | 104.63M | 75.53M | 46.11M | 16.82M | 41.40M | 76.16M | 50.40M | 28.68M | 15.40M | -36.60M | -32.80M | 18.70M | 21.00M | 18.80M | 7.80M |
| Depreciation | 145.73M | 140.04M | 124.22M | 118.39M | 112.47M | 108.64M | 103.07M | 103.05M | 93.04M | 86.22M | 88.39M | 87.75M | 73.74M | 71.57M | 76.50M | 77.17M | 77.58M | 67.73M | 62.10M | 55.05M | 52.26M | 49.22M | -54.55M | 56.45M | 49.76M | 47.61M | -53.10M | -64.70M | -52.80M | -32.10M | -28.30M | -34.50M | -39.80M |
| Deferred Taxes | -5.57M | -6.25M | -7.59M | 7.72M | 5.41M | 1.87M | -10.21M | 9.52M | 16.44M | 4.69M | -10.37M | -10.36M | 3.06M | -11.46M | -4.94M | 12.57M | 6.16M | 351,000 | -5.37M | 7.31M | 2.57M | 8.41M | -52,000 | 10.12M | 3.13M | 1.96M | 16.30M | -3.70M | -9.00M | 3.20M | -2.10M | 1.20M | 100,000 |
| Stock-Based Compensation | 11.44M | 12.78M | 11.43M | 10.48M | 9.52M | 8.41M | 6.96M | 7.59M | 8.03M | 7.00M | 5.49M | 6.07M | 6.45M | 5.69M | 6.16M | 6.11M | 4.91M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | -89.30M | 18.30M | — | — | — | — | — | — | — | — | — | — | 2.39M | 868,000 | 2.59M | 1.62M | 1.06M | 13.94M | — | — | — | 275,000 | 109.10M | — | 36,000 | -14,000 | 106.10M | 129.40M | 105.60M | 64.10M | 59.90M | 72.80M | 84.40M |
| Accounts Receivable | 41.19M | -10.35M | -122.78M | -38.13M | 13.72M | -23.55M | -19.59M | -23.81M | 2.31M | -26.89M | -24.20M | 508,000 | -6.07M | -32.21M | -3.74M | 30.57M | 533,000 | 6.11M | -16.84M | -19.95M | -3.13M | -15.91M | 35.24M | -12.57M | -24.28M | -2.89M | -7.60M | 13.50M | -23.80M | -15.30M | -14.20M | -12.20M | -1.40M |
| Accounts Payable | -10.26M | 28.63M | 106.06M | 40.67M | -27.62M | 52.02M | 10.39M | -11.34M | -10.05M | 32.46M | 8.57M | 3.61M | 18.70M | 5.46M | — | — | -377,000 | -18.33M | 26.98M | 32.57M | 4.74M | 21.37M | -51.26M | 11.00M | 32.00M | -10.50M | 10.90M | -24.50M | -47.50M | 14.40M | -200,000 | 15.80M | 1.90M |
| Other Assets & Liabilities | -3.91M | -5.03M | 14.11M | 1.69M | -9.36M | 30.43M | -6.38M | 1.88M | -7.83M | -11.08M | 7.45M | 3.59M | -1.41M | 19.45M | 790,000 | 11.09M | -1.84M | 20.69M | -10.56M | 314,000 | -20.27M | -12.63M | -10.89M | -8.02M | 2.46M | 4.13M | -8.83M | 12.40M | -10.30M | -7.90M | -4.10M | -5.70M | -4.70M |
| Operating Cash Flow | 284.75M | 476.33M | 338.97M | 211.92M | 144.13M | 245.08M | 143.97M | 105.55M | 146.79M | 138.58M | 91.15M | 83.44M | 103.19M | 26.95M | -50.16M | 168.29M | 144.84M | 171.52M | 160.93M | 150.83M | 82.27M | 67.55M | 68.98M | 133.13M | 113.50M | 68.97M | 79.17M | 25.80M | -70.60M | 45.10M | 32.00M | 56.20M | 48.30M |
| Investing Activities | |||||||||||||||||||||||||||||||||
| Capital Expenditures | -211.26M | -128.53M | -44.60M | -29.90M | -77.47M | -39.74M | -61.50M | -59.47M | -71.79M | -30.56M | -24.18M | -30.88M | -46.17M | -5.54M | -43.13M | -41.66M | -84.60M | -126.01M | -93.12M | -79.53M | 13.65M | -43.79M | -34.22M | -83.80M | -35.13M | -44.45M | -11.60M | -27.70M | -131.30M | -96.90M | -2.90M | -10.70M | -4.00M |
| Net Intangibles | — | — | — | -14.24M | -11.48M | -10.10M | -9.84M | -10.47M | -8.51M | -8.42M | -7.67M | -7.22M | -5.30M | -4.36M | — | — | -4.60M | -4.12M | — | — | — | — | — | -3.66M | -2.51M | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | 2.75M | -230.37M | — | — | 4.68M | 2.49M | -22.00M | -29.81M | -2.65M | -4.15M | -180.04M | — | — | -4.87M | — | — | — | — | — | — | — | 40.46M | — | — | — | 39.03M | — | — | — | — | — | — |
| Purchase of Investments | -96.54M | -182.35M | -81.36M | -165.13M | -129.71M | -108.50M | -73.46M | -69.40M | -61.36M | -45.83M | -39.61M | -55.86M | -59.72M | -65.17M | -109.81M | -146.66M | -292.06M | -386.36M | -378.45M | — | — | — | — | — | -23.70M | -1.10M | — | — | — | — | — | — | — |
| Sale of Investments | 198.12M | 64.33M | 73.18M | 216.74M | 120.41M | 58.70M | 73.84M | 74.17M | 45.83M | 35.85M | 32.72M | 60.73M | 65.00M | 119.74M | 133.80M | 107.40M | 348.01M | 372.28M | 295.68M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing Cash Flow | -109.68M | -243.80M | -283.14M | 21.70M | -86.77M | -84.85M | -58.63M | -76.70M | -117.13M | -43.18M | -35.21M | -206.05M | -40.89M | 49.03M | -24.01M | -80.91M | -16.59M | -128.18M | -150.78M | -67.60M | 9.73M | 10.14M | 13.56M | -87.30M | -59.29M | -45.58M | 103.73M | 37.60M | -115.50M | -89.00M | -5.40M | -10.70M | -4.10M |
| Financing Activities | |||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | 72.21M | 53.52M | 225.00M | 20.41M | — | 10.00M | — | 108.84M | — | — | 100.00M | — | 11.42M | 14.96M | — | — | — | — | 41.79M | 274.51M | 62.58M | 92.80M | 110.00M | 428.75M | 557.98M | 463.10M | 272.60M | 313.30M | 54.00M | 35.00M | 90.00M | 40.00M |
| Long-Term Debt Payments | -69.18M | -115.54M | -171.92M | -326.10M | -58.94M | -71.26M | -68.92M | -52.20M | -100.81M | -40.44M | -43.18M | -53.00M | -16.06M | -8.08M | -1.43M | -354,000 | -3.54M | -317,000 | -1.95M | -76.46M | -384.03M | -81.37M | -157.37M | -117.66M | -469.65M | -587.10M | -605.20M | -347.10M | -102.10M | -57.60M | -131.20M | -224.10M | -116.00M |
| Other Financing Charges | -10.26M | -17.17M | -36.06M | 4.45M | -4.58M | -2.08M | -4.71M | -5.85M | -3.99M | 2.93M | 7.65M | 41.55M | -5.29M | -839,000 | -49.38M | 692,000 | -117,000 | 1.71M | -473,000 | 7.49M | 3.87M | 3.09M | 7.65M | 7.69M | -7.64M | 4.07M | 10.60M | -3.50M | -10.60M | 45.90M | — | -700,000 | -500,000 |
| Financing Cash Flow | -196.61M | -127.98M | -247.65M | 68.60M | -60.40M | -90.98M | -77.92M | -75.88M | -15.56M | -39.13M | -38.80M | 78.14M | -16.72M | -9.54M | -44.15M | -12.09M | -23.25M | -36.92M | -23.36M | -38.05M | -502.15M | -76.91M | -152.63M | -109.32M | -501.13M | -581.27M | -681.74M | -82.90M | 195.20M | 36.84M | -28.90M | -50.60M | -37.20M |
| Other Cash Details | |||||||||||||||||||||||||||||||||
| End Cash Position | 262.23M | 158.37M | 76.62M | 303.95M | 201.91M | 190.19M | 120.77M | 115.24M | 166.36M | 157.04M | 105.35M | 90.70M | 141.30M | 102.58M | 39.33M | 100.88M | 93.81M | 5.01M | 5.77M | 70.87M | 5.25M | 39.64M | 14.86M | 36.74M | 4.32M | 4.54M | 7.20M | 1.80M | 16.90M | 3.50M | — | — | — |
| Income Tax Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 90.17M | 305.31M | 245.04M | 148.50M | 67.93M | 201.26M | 76.29M | 33.20M | 62.19M | 99.87M | 59.47M | 40.04M | 42.33M | 10.51M | -41.43M | 41.28M | 41.86M | 16.88M | 25.30M | 41.53M | 6.16M | -25.31M | -9.82M | 34.15M | 61.81M | 11.41M | 64.60M | 2.50M | -197.50M | -48.10M | 21.90M | 38.30M | 32.90M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| iShares Core S&P Smallcap ETF | Nov 30, 2024 | 1,529,679 | 146.31M | 6.54% |
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 765,340 | 73.20M | 3.27% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 668,939 | 63.98M | 2.86% |
| Fidelity Small Cap Value Fund | Oct 31, 2024 | 661,002 | 63.22M | 2.82% |
| Vanguard Small-Cap Index Fund | Sep 30, 2024 | 591,369 | 56.56M | 2.53% |
| Avantis U.S. Small Cap Value ETF | Nov 30, 2024 | 495,601 | 47.40M | 2.12% |
| AB Cap Fd.-AB Small Cap Growth Port | Dec 31, 2024 | 454,789 | 43.50M | 1.94% |
| Vanguard Small Cap Value Index Fund | Sep 30, 2024 | 400,712 | 38.33M | 1.71% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 355,810 | 34.03M | 1.52% |
| DFA U.S. Small Cap Value Series | Oct 31, 2024 | 330,062 | 31.57M | 1.41% |
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