ArcBest Corporation (ARCB) vs Werner Enterprises, Inc. (WERN)

ArcBest Corporation and Werner Enterprises, Inc. are both Trucking companies. ArcBest Corporation is the larger, with a market value of $2.9B against $2.0B — 1.4× the size. Werner Enterprises, Inc. has negative trailing earnings, so its P/E is not meaningful; ArcBest Corporation trades at 179×. Werner Enterprises, Inc. grew revenue faster over the last twelve months: 9.64% against 3.70%. ArcBest Corporation has the higher net margin (0.39% vs −1.42%) and the higher return on invested capital (1.39% vs −0.82%). Both pay a dividend; Werner Enterprises, Inc. yields more (1.33% vs 0.30%). Across the 22 metrics below, ArcBest Corporation leads on 11 and Werner Enterprises, Inc. on 11.

Valuation

Metric ARCB WERN Trucking median
P/E 178.80 n/m 50.34
P/S 0.67 0.61 1.19
P/B 2.21 1.45 1.48
Price to free cash flow 13.51 11.10 13.51
EV/EBITDA 13.70 9.59 11.77
EV/Sales 0.68 0.84 1.03
Earnings yield 0.56% (2.31%) 0.21%
Free cash flow yield 7.40% 9.01% 4.56%

Profitability

Metric ARCB WERN Trucking median
Gross margin 0.69% 52.75% 51.20%
Operating margin 0.69% (0.86%) 0.00%
Net margin 0.39% (1.42%) 0.35%
Free cash flow margin 4.93% 5.46% 5.45%
Return on equity 1.27% (3.33%) 0.31%
Return on assets 0.66% (1.52%) 0.37%
Return on invested capital 1.39% (0.82%) (0.05%)

Growth

Metric ARCB WERN Trucking median
Revenue growth (TTM) 3.70% 9.64% 4.46%
EPS growth (last fiscal year) (64.11%) (143.64%) —
Revenue growth, 5-year CAGR 6.40% 4.63% 6.44%
Net income growth, 5-year CAGR (3.31%) 0.00% 0.00%

Health

Metric ARCB WERN Trucking median
Debt to equity 0.17 0.60 0.17
Current ratio 0.97 1.45 1.52
Net debt to EBITDA 0.38 2.32 1.59

Dividend

Metric ARCB WERN Trucking median
Dividend yield 0.30% 1.33% 1.00%
Payout ratio 0.06 0.19 0.08

Size

Metric ARCB WERN Trucking median
Market cap 2.85b 2.01b 1.53b

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