| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | 6 | 1 |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡‡‡ |
|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 0.48 |
—
—
—
|
| 2025 | 0.48 |
—
—
—
—
|
| 2024 | 0.48 |
—
—
—
—
|
| 2023 | 0.48 |
—
—
—
—
|
| 2022 | 0.44 |
—
—
—
—
|
| 2021 | 0.32 |
—
—
—
—
|
| 2020 | 0.32 |
—
—
—
—
|
| 2019 | 0.32 |
—
—
—
—
|
| 2018 | 0.32 |
—
—
—
—
|
| 2017 | 0.32 |
—
—
—
—
|
| 2016 | 0.32 |
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 330.07 | 157.20 | 124.23 | 168.43 |
| Receivables | 482.25 | 430.89 | 397.26 | 462.99 |
| Inventory | — | — | — | — |
| Other | 11.12 | 11.05 | 9.76 | 8.84 |
| 884.78 | 675.64 | 626.06 | 706.49 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 214.00 | 172.76 | 154.49 | 198.23 |
| ST’ Debt | 66.95 | 63.98 | 87.88 | 94.48 |
| Other | — | — | — | — |
| 701.56 | 665.99 | 656.89 | 729.58 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 998.79 | 1,184.53 | — | — |
—
|
| ’25 | 967.08 | 1,022.26 | 1,048.14 | 972.69 |
4,010.16
|
| ’24 | 1,036.42 | 1,077.83 | 1,063.12 | 1,001.65 |
4,179.02
|
| ’23 | 1,106.09 | 1,103.46 | 1,128.35 | 1,089.54 |
4,427.44
|
| ’22 | 1,268.09 | 1,321.69 | 1,275.73 | 1,163.50 |
5,029.01
|
| ’21 | 829.21 | 948.97 | 1,016.66 | 971.34 |
3,766.19
|
| ’20 | 701.40 | 627.37 | 794.98 | 816.41 |
2,940.16
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 8.54 | 129.74 | — | — |
—
|
| ’25 | (23.40) | 108.43 | 99.26 | 44.66 |
228.95
|
| ’24 | 6.47 | 133.74 | 88.85 | 56.80 |
285.85
|
| ’23 | 20.66 | 83.09 | 91.00 | 127.41 |
322.17
|
| ’22 | (11.25) | 195.88 | 165.83 | 120.37 |
470.82
|
| ’21 | 22.53 | 123.37 | 92.44 | 85.17 |
323.52
|
| ’20 | 23.13 | 58.94 | 69.20 | 54.72 |
205.99
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (2.94) | 117.65 | — | — |
—
|
| ’25 | (37.77) | 80.67 | 56.94 | 35.41 |
135.26
|
| ’24 | (50.92) | 80.78 | 23.10 | 8.26 |
61.22
|
| ’23 | (15.79) | 32.22 | 45.10 | 36.41 |
97.93
|
| ’22 | (29.90) | 165.42 | 138.88 | 50.61 |
325.01
|
| ’21 | 17.32 | 104.57 | 70.15 | 66.82 |
258.86
|
| ’20 | 17.74 | 49.29 | 63.46 | 31.35 |
161.85
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (0.05) | (0.62) | — | — |
—
|
| ’25 | 0.13 | 1.12 | 1.72 | (0.36) |
2.62
|
| ’24 | (0.10) | 1.96 | 4.23 | 1.24 |
7.30
|
| ’23 | 2.84 | 1.64 | 1.42 | 2.01 |
7.93
|
| ’22 | 2.68 | 4.00 | 3.50 | 1.48 |
11.69
|
| ’21 | 0.87 | 2.27 | 2.38 | 2.47 |
7.98
|
| ’20 | 0.07 | 0.61 | 1.11 | 0.89 |
2.69
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 65.16 | 68.23 | 91.01 | 55.19 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 124.03 | 125.48 | 153.60 | 103.63 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 15,700 | 15,000 | 14,000 | 14,000 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.32 | 0.30 | 0.30 | 0.29 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5,029.01 | 4,427.44 | 4,179.02 | 4,010.16 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.85% | 3.90% | 5.85% | 2.25% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 388.30 | 186.92 | 218.71 | 83.10 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.72% | 4.22% | 5.23% | 2.07% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 298.21 | 195.43 | 173.96 | 60.10 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 140.04 | 145.73 | 149.09 | 170.34 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 204.55 | 184.33 | 177.43 | 175.60 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | 12.13 | 8.14 | 7.39 | 2.63 | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 19.15 | 13.41 | 12.14 | 10.03 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (5.93) | (9.34) | (9.54) | (4.10) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 13.22 | 4.08 | 2.60 | 5.92 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 46.83 | 51.72 | 55.80 | 56.74 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 24.59 | 24.02 | 23.55 | 22.84 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.68 | 14.91 | 12.65 | 28.32 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.34 | 0.66 | 0.53 | 0.42 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.47 | 2.34 | 1.67 | 1.31 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.32 | 0.63 | 0.53 | 0.45 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.02 | 28.66 | 36.43 | 13.26 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 470.82 | 322.17 | 285.85 | 228.95 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (145.81) | (224.23) | (224.63) | (93.70) | ‡‡‡‡‡ | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 325.01 | 97.93 | 61.22 | 135.26 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 221.31 | 183.22 | 9.66 | (30.82) | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 264.62 | 228.94 | 189.13 | 223.86 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (61.30) | (101.13) | 31.93 | 99.62 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,151.40 | 1,242.36 | 1,314.36 | 1,295.72 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 12.95% | 7.85% | 7.08% | 2.46% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 22.62% | 9.45% | 11.35% | 4.05% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 28.67% | 16.33% | 13.61% | 4.61% | — | — | — |
ROE
|
ArcBest Corporation (ARCB), a mid-cap LTL freight carrier, has endured a volatile post-pandemic cycle, with shares trading about 9% above the average analyst price target amid lingering optimism from 2022’s revenue peak of $5.03 billion and EPS of $12.13. Revenue has since declined sharply to $4.18 billion in 2024, gross margins eroded to 5.85%, and key metrics like ROE and ROIC halved from pandemic highs, exposing cyclical vulnerabilities in a commoditized industry plagued by overcapacity and softening industrial demand. Yet, a robust balance sheet—shareholders’ equity up 119% since 2016 to $1.31 billion, book value per share at $55.80, and minimal net debt—provides a defensive anchor, even as free cash flow per share plummeted to $2.60 from $13.22.
Insider confidence stands out: no sells in 2025-early 2026, with modest buys from the CFO and a director signaling alignment in a bearish analyst landscape (mean target implies 9% downside, high-end 15% upside). Forecasts project tepid recovery—revenue dipping to $4.01 billion in 2025 before a slight rebound, EPS crashing 44% to $4.12 then jumping 62% in 2026—but persistent margin compression and voracious capex raise reinvestment risks.
For risk-averse investors, ARCB’s 17.6x trailing P/E and 1.3x P/B offer reasonable valuation if freight cycles inflect, but downside from pricing weakness, tariffs, and competition looms large. Insiders’ bets and FCF inflection potential make it a cautious watchlist candidate in trucking’s boom-bust arena—dive deeper for the full risk-reward dissection.
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