ArcBest Corporation, an integrated logistics company, provides ground, air, and ocean transportation solutions worldwide. It operates in 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. This 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-container and full container load ocean transportation services; warehousing and distribution services; managed transportation services; and moving services to Βdo-it-yourself' consumer, as well as final mile, time critical, product launch, retail logistics, supply chain optimization, brokered LTL, and trade show shipping services. This segment also offers premium logistics services, such as deployment of specialized equipment to meet linehaul requirements; and international freight transportation with air, ocean, and ground services. The company was formerly known as Arkansas Best Corporation and changed its name to ArcBest Corporation in May 2014. The company was founded in 1923 and is headquartered in Fort Smith, Arkansas.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $4.0B | $266M | $60M | $101M | 4.6% | -4.0% | -65.5% |
| 2024 | $4.2B | $377M | $174M | $46M | 13.2% | -5.6% | -11.0% |
| 2023 | $4.4B | $342M | $195M | $90M | 15.7% | -12.0% | -34.5% |
| 2022 | $5.0B | $536M | $298M | $305M | 25.9% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 5,029.01 | 4,427.44 | 4,179.02 | 4,010.16 |
| Operating Revenue | - | 5,029.01 | 4,427.44 | 4,179.02 | 4,010.16 |
| Cost Of Revenue | - | 4,455.48 | 4,049.01 | 3,829.02 | 3,734.90 |
| Gross Profit | - | 573.52 | 378.43 | 350 | 275.26 |
| Operating Expense | - | 160.70 | 194.75 | 194.12 | 175.56 |
| Selling General And Administration | 452.24 | - | - | - | - |
| Total Expenses | - | 4,616.18 | 4,243.76 | 4,023.14 | 3,910.46 |
| Operating Income | - | 412.83 | 183.68 | 155.88 | 99.70 |
| Total Operating Income As Reported | - | 394.53 | 172.62 | 244.43 | 90.31 |
| EBITDA | - | 536.07 | 341.74 | 376.78 | 265.79 |
| Normalized EBITDA | - | 554.37 | 352.80 | 288.23 | 275.18 |
| EBIT | - | 396.03 | 196.01 | 227.69 | 95.46 |
| Interest Income | - | 3.87 | 14.73 | 11.62 | 4.76 |
| Interest Expense | - | 7.73 | 9.09 | 8.98 | 12.36 |
| Net Interest Income | - | -3.85 | 5.63 | 2.64 | -7.61 |
| Other Non Operating Income Expenses | - | -2.37 | 8.66 | -28.36 | 0.39 |
| Other Income Expense | - | -20.67 | -2.40 | 60.19 | -8.99 |
| Interest Income Non Operating | - | 3.87 | 14.73 | 11.62 | 4.76 |
| Interest Expense Non Operating | - | 7.73 | 9.09 | 8.98 | 12.36 |
| Net Non Operating Interest Income Expense | - | -3.85 | 5.63 | 2.64 | -7.61 |
| Pretax Income | - | 388.30 | 186.92 | 218.71 | 83.10 |
| Tax Provision | - | 93.66 | 44.75 | 45.35 | 23 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -4.41 | -2.64 | 18.36 | -2.60 |
| Net Income Continuous Operations | - | 294.65 | 142.16 | 173.36 | 60.10 |
| Net Income From Continuing And Discontinued Operation | - | 298.21 | 195.43 | 173.96 | 60.10 |
| Net Income From Continuing Operation Net Minority Interest | - | 294.65 | 142.16 | 173.36 | 60.10 |
| Net Income | - | 298.21 | 195.43 | 173.96 | 60.10 |
| Net Income Common Stockholders | - | 298.21 | 195.43 | 173.96 | 60.10 |
| Net Income Including Noncontrolling Interests | - | 298.21 | 195.43 | 173.96 | 60.10 |
| Normalized Income | - | 308.54 | 150.58 | 103.17 | 66.89 |
| Diluted NI Availto Com Stockholders | - | 298.21 | 195.43 | 173.96 | 60.10 |
| Basic Average Shares | - | 24.59 | 24.02 | 23.55 | 22.84 |
| Diluted Average Shares | - | 25.50 | 24.63 | 23.82 | 22.93 |
| Reconciled Depreciation | - | 140.04 | 145.73 | 149.09 | 170.34 |
| Reconciled Cost Of Revenue | - | 4,455.48 | 4,049.01 | 3,829.02 | 3,734.90 |
| Total Unusual Items | - | -18.30 | -11.06 | 88.55 | -9.39 |
| Total Unusual Items Excluding Goodwill | - | -18.30 | -11.06 | 88.55 | -9.39 |
| Net Income Discontinuous Operations | - | 3.56 | 53.27 | 0.60 | 0 |
| Special Income Charges | - | -18.30 | -11.06 | 88.55 | -9.39 |
| Gain On Sale Of Business | 6.90 | - | - | - | - |
| Impairment Of Capital Assets | - | 0 | 30.16 | 1.70 | 12.04 |
| Restructuring And Mergern Acquisition | - | 18.30 | -19.10 | -90.25 | -2.65 |
| General And Administrative Expense | 452.24 | - | - | - | - |
| Other Gand A | 414.44 | - | - | - | - |
| Gain On Sale Of Ppe | 8.60 | - | - | - | - |
| Insurance And Claims | 37.80 | - | - | - | - |
| Rent Expense Supplemental | - | 2,100.66 | 1,642.67 | 1,478.11 | 1,348.92 |
| Other Operating Expenses | - | 160.70 | 194.75 | 194.12 | 175.56 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| ArcBest Corporationthis co. | ARCB | $3.3B | 54.12β premium | 2.51 | 4.6% | 13.60 |
| Otter Tail Corporation | OTTR | $3.6B | 13.16 | 1.95 | 14.8% | 8.92 |
| Standex International Corporation | SXI | $3.6B | 64.67 | 5.07 | 7.8% | 32.03 |
| Kadant Inc. | KAI | $3.6B | 35.19 | 3.66 | 10.4% | 18.27 |
| The GEO Group, Inc. | GEO | $3.4B | 13.21 |
| - |
| - |
| - |
| - |
| - |
| 2.23 |
| 16.9% |
| 7.99 |
| SkyWest, Inc. | SKYW | $3.3B | 7.72 | 1.20 | 15.6% | 5.47 |
| Robert Half Inc. | RHI | $3.2B | 24.31 | 2.53 | 10.4% | 19.06 |
| Hayward Holdings, Inc. | HAYW | $3.1B | 20.30 | 1.93 | 9.5% | 12.31 |
| Worthington Enterprises, Inc. | WOR | $2.9B | 29.77 | 3.05 | 10.2% | 16.38 |
| Peer Median | - | 22.30 | 2.38 | 10.4% | 14.35 | |