ArcBest Corp Financials

ARCB Stock  USD 102.79  0.12  0.12%   
Based on the analysis of ArcBest Corp's profitability, liquidity, and operating efficiency, ArcBest Corp is doing better financially then in previous quarter. It has a moderate risk of reporting better financial numbers in July. At present, ArcBest Corp's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 459.6 M, whereas Other Current Liabilities is forecasted to decline to about 195.8 M. Key indicators impacting ArcBest Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.20.2102
Notably Down
Slightly volatile
Current Ratio0.981.2612
Significantly Down
Pretty Stable
Investors should never underestimate ArcBest Corp's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor ArcBest Corp's cash flow, debt, and profitability to make informed and accurate decisions about investing in ArcBest Corp.

Net Income

149.27 Million

  
Understanding current and past ArcBest Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ArcBest Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in ArcBest Corp's assets may result in an increase in income on the income statement.
The data published in ArcBest Corp's official financial statements typically reflect ArcBest Corp's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving ArcBest Corp's quantitative information. For example, before you start analyzing numbers published by ArcBest accountants, it’s essential to understand ArcBest Corp's liquidity, profitability, and earnings quality within the context of the Ground Transportation space in which it operates.
Please note, the presentation of ArcBest Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ArcBest Corp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ArcBest Corp's management manipulating its earnings.

ArcBest Corp Stock Summary

ArcBest Corp competes with Marten Transport, Werner Enterprises, RXO, and Universal Logistics. ArcBest Corporation provides freight transportation and integrated logistics services. ArcBest Corporation was founded in 1923 and is headquartered in Fort Smith, Arkansas. Arcbest Corp operates under Trucking classification in the United States and is traded on NASDAQ Exchange. It employs 14000 people.
Specialization
Industrials, Transportation
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS03937C1053
CUSIP03937C105 040790107 040790206
LocationArkansas; U.S.A
Business Address8401 McClure Drive,
SectorGround Transportation
IndustryIndustrials
BenchmarkNYSE Composite
Websitewww.arcb.com
Phone479 785 6000
CurrencyUSD - US Dollar

ArcBest Corp Key Financial Ratios

ArcBest Corp's financial ratios allow both analysts and investors to convert raw data from ArcBest Corp's financial statements into concise, actionable information that can be used to evaluate the performance of ArcBest Corp over time and compare it to other companies across industries.

ArcBest Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B2.1B2.5B2.5B2.6B
Other Current Liab231.8M247.1M317.9M352.1M378.0M195.8M
Net Debt194.2M99.6M260.5M280.3M175.5M184.3M
Retained Earnings533.2M595.9M801.3M1.1B1.3B1.3B
Accounts Payable134.4M170.9M311.4M317.5M214.0M224.7M
Cash201.9M304.0M76.6M158.4M262.2M275.3M
Net Receivables310.8M346.6M605.1M611.6M482.2M241.5M
Inventory30.4M37.8M40.1M40.2M46.3M49.4M
Other Current Assets4.7M4.4M5.9M11.9M72.5M76.1M
Total Liab888.2M950.4M1.2B1.3B1.2B629.9M
Total Current Assets664.4M758.2M776.1M989.8M884.8M443.1M
Short Term Debt77.6M88.6M73.4M92.5M99.1M104.1M
Intangible Assets58.8M55.0M126.6M113.8M101.2M59.0M
Common Stock288K290K294K298K300K281.5K
Other Liab124.8M128.9M217.2M228.2M262.4M275.6M
Other Assets87.6M198.8M107.1M79.8M91.7M80.4M
Long Term Debt266.2M217.1M174.9M198.4M162.0M119.1M
Net Tangible Assets668.2M783.1M502.2M880.1M1.0B586.1M
Long Term Debt Total266.2M217.1M174.9M198.4M228.1M176.1M
Capital Surpluse333.9M342.4M318.0M339.6M390.5M345.6M

ArcBest Corp Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense11.5M11.7M8.9M7.7M8.9M9.4M
Total Revenue3.0B2.9B4.0B5.3B4.4B2.3B
Gross Profit216.4M228.1M639.3M578.6M4.4B4.6B
Operating Income63.8M98.3M281.0M399.3M172.6M181.2M
Ebit63.8M98.3M281.0M399.3M172.6M181.2M
Ebitda175.4M222.6M410.3M540.9M172.6M181.2M
Cost Of Revenue2.8B2.7B3.3B4.7B4.4B4.6B
Income Before Tax51.5M92.5M277.2M393.2M186.9M196.3M
Net Income40.0M71.1M213.5M298.2M142.2M149.3M
Income Tax Expense11.5M21.4M63.6M94.9M44.8M23.6M
Research Development13.7M22.5M32.8M40.8M52.4M55.0M
Tax Provision11.5M21.4M63.6M94.9M42.3M34.3M
Interest Income6.5M3.6M1.3M4.0M13.0M13.6M
Net Interest Income(5.0M)(8.1M)(7.6M)(3.7M)4.1M4.3M

ArcBest Corp Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(33.2M)(1.2M)(4.3M)(1.5M)(1.3M)(1.4M)
Change In Cash11.7M102.0M(227.3M)81.8M103.9M109.0M
Free Cash Flow67.9M148.5M245.0M305.3M90.2M59.6M
Depreciation112.5M118.4M124.2M140.0M145.7M76.1M
Other Non Cash Items31.0M(229K)(14.0M)(5.1M)(1.2M)(1.1M)
Capital Expenditures102.4M57.5M78.5M165.5M232.0M243.6M
Net Income40.0M71.1M213.5M298.2M142.2M149.3M
End Period Cash Flow201.9M304.0M76.6M158.4M262.2M275.3M
Dividends Paid8.2M8.2M8.1M10.8M(11.5M)(11.0M)
Investments(9.3M)51.6M(303.2M)(261.1M)(42.8M)(44.9M)
Change Receivables13.7M(38.1M)(122.8M)(10.3M)(9.3M)(9.8M)
Net Borrowings(41.8M)(94.6M)(120.3M)(35.9M)(32.3M)(34.0M)
Change To Netincome45.9M20.2M(10.1M)1.4M1.6M1.6M

ArcBest Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ArcBest Corp's current stock value. Our valuation model uses many indicators to compare ArcBest Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ArcBest Corp competition to find correlations between indicators driving ArcBest Corp's intrinsic value. More Info.
ArcBest Corp is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers reporting about  0.49  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ArcBest Corp is roughly  2.02 . At present, ArcBest Corp's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the ArcBest Corp's earnings, one of the primary drivers of an investment's value.

ArcBest Corp Systematic Risk

ArcBest Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ArcBest Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on ArcBest Corp correlated with the market. If Beta is less than 0 ArcBest Corp generally moves in the opposite direction as compared to the market. If ArcBest Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ArcBest Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ArcBest Corp is generally in the same direction as the market. If Beta > 1 ArcBest Corp moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in ArcBest Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ArcBest Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ArcBest Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.38)

At present, ArcBest Corp's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

ArcBest Corp June 5, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of ArcBest Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ArcBest Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of ArcBest Corp based on widely used predictive technical indicators. In general, we focus on analyzing ArcBest Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ArcBest Corp's daily price indicators and compare them against related drivers.

Complementary Tools for ArcBest Stock analysis

When running ArcBest Corp's price analysis, check to measure ArcBest Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ArcBest Corp is operating at the current time. Most of ArcBest Corp's value examination focuses on studying past and present price action to predict the probability of ArcBest Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcBest Corp's price. Additionally, you may evaluate how the addition of ArcBest Corp to your portfolios can decrease your overall portfolio volatility.
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