ArcBest Corporation (ARCB) vs Covenant Logistics Group, Inc. (CVLG)

ArcBest Corporation and Covenant Logistics Group, Inc. are both Trucking companies. ArcBest Corporation is the larger, with a market value of $2.9B against $841.5M — 3.4× the size. ArcBest Corporation trades at the lower P/E: 179× against 216×. Covenant Logistics Group, Inc. grew revenue faster over the last twelve months: 8.34% against 3.70%. ArcBest Corporation has the higher net margin (0.39% vs 0.31%) and the higher return on invested capital (1.39% vs −0.10%). Both pay a dividend; Covenant Logistics Group, Inc. yields more (0.86% vs 0.30%). Across the 23 metrics below, ArcBest Corporation leads on 14 and Covenant Logistics Group, Inc. on 9.

Valuation

Metric ARCB CVLG Trucking median
P/E 178.80 216.47 50.34
P/S 0.67 0.66 1.19
P/B 2.21 1.98 1.48
Price to free cash flow 13.51 31.99 13.51
EV/EBITDA 13.70 11.85 11.77
EV/Sales 0.68 0.90 1.03
Earnings yield 0.56% 0.46% 0.21%
Free cash flow yield 7.40% 3.13% 4.56%

Profitability

Metric ARCB CVLG Trucking median
Gross margin 0.69% 62.40% 51.20%
Operating margin 0.69% (0.09%) 0.00%
Net margin 0.39% 0.31% 0.35%
Free cash flow margin 4.93% 2.08% 5.45%
Return on equity 1.27% 0.91% 0.31%
Return on assets 0.66% 0.38% 0.37%
Return on invested capital 1.39% (0.10%) (0.05%)

Growth

Metric ARCB CVLG Trucking median
Revenue growth (TTM) 3.70% 8.34% 4.46%
EPS growth (last fiscal year) (64.11%) (79.23%) —
Revenue growth, 5-year CAGR 6.40% 6.79% 6.44%
Net income growth, 5-year CAGR (3.31%) 0.00% 0.00%

Health

Metric ARCB CVLG Trucking median
Debt to equity 0.17 0.71 0.17
Current ratio 0.97 1.14 1.52
Net debt to EBITDA 0.38 3.09 1.59

Dividend

Metric ARCB CVLG Trucking median
Dividend yield 0.30% 0.86% 1.00%
Payout ratio 0.06 0.06 0.08

Size

Metric ARCB CVLG Trucking median
Market cap 2.85b 841.53m 1.53b

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