ArcBest Corporation (ARCB) vs Universal Logistics Holdings, Inc. (ULH)

ArcBest Corporation and Universal Logistics Holdings, Inc. are both Trucking companies. ArcBest Corporation is the larger, with a market value of $2.9B against $434.9M — 6.6× the size. Universal Logistics Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; ArcBest Corporation trades at 179×. ArcBest Corporation grew revenue faster over the last twelve months: 3.70% against −8.33%. ArcBest Corporation has the higher net margin (0.39% vs −5.99%) and the higher return on invested capital (1.39% vs −2.53%). Both pay a dividend; Universal Logistics Holdings, Inc. yields more (1.36% vs 0.30%). Across the 22 metrics below, ArcBest Corporation leads on 12 and Universal Logistics Holdings, Inc. on 10.

Valuation

Metric ARCB ULH Trucking median
P/E 178.80 n/m 50.34
P/S 0.67 0.29 1.19
P/B 2.21 0.78 1.48
Price to free cash flow 13.51 4.88 13.51
EV/EBITDA 13.70 11.77 11.77
EV/Sales 0.68 0.73 1.03
Earnings yield 0.56% (20.85%) 0.21%
Free cash flow yield 7.40% 20.49% 4.56%

Profitability

Metric ARCB ULH Trucking median
Gross margin 0.69% 35.39% 51.20%
Operating margin 0.69% (3.27%) 0.00%
Net margin 0.39% (5.99%) 0.35%
Free cash flow margin 4.93% 5.90% 5.45%
Return on equity 1.27% (15.07%) 0.31%
Return on assets 0.66% (5.17%) 0.37%
Return on invested capital 1.39% (2.53%) (0.05%)

Growth

Metric ARCB ULH Trucking median
Revenue growth (TTM) 3.70% (8.33%) 4.46%
EPS growth (last fiscal year) (64.11%) (176.88%) —
Revenue growth, 5-year CAGR 6.40% 2.30% 6.44%
Net income growth, 5-year CAGR (3.31%) 0.00% 0.00%

Health

Metric ARCB ULH Trucking median
Debt to equity 0.17 1.23 0.17
Current ratio 0.97 1.20 1.52
Net debt to EBITDA 0.38 9.17 1.59

Dividend

Metric ARCB ULH Trucking median
Dividend yield 0.30% 1.36% 1.00%
Payout ratio 0.06 0.08 0.08

Size

Metric ARCB ULH Trucking median
Market cap 2.85b 434.94m 1.53b

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