ARCB vs XPO: ArcBest and XPO Logistics compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- XPO Logistics is the larger company, worth $22.0B, about 6.9 times ArcBest.
- ArcBest grew revenue faster over the last year (+15.9% vs +13.2%).
- XPO Logistics keeps more of each dollar of revenue as operating profit (8.8% vs 0.7%).
- On earnings, ArcBest is the cheaper stock (58.4x vs 64.3x).
- XPO Logistics's price assumes faster free cash flow growth: about 21% a year, against 11% for ArcBest (reverse DCF).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | ARCB | XPO |
|---|---|---|
| Market cap | $3.2B | $22.0B |
| Share price | $129.36 | $183.47 |
| Revenue (last fiscal year) | $4.0B | $8.2B |
| Free cash flow (last fiscal year) | $101M | $329M |
| Revenue growth, last year | +15.9% | +13.2% |
| Revenue growth per year, last 5 fiscal years | +1.6% | +3.2% |
| Operating margin | 0.69% | 8.8% |
| Net margin | 0.39% | 4.7% |
| Return on equity | 1.3% | 20.6% |
| P/E (trailing) | 58.4x | 64.3x |
| Price / free cash flow | 27.8x | 66.8x |
| EV / EBITDA | 16.4x | 20.2x |
| FCF growth the price implies | 10.9% | 20.9% |
| Dividend yield | 0.34% | — |
| Debt / equity | 0.93x | 3.25x |
| Fundamental grade | D | D |
| Superinvestors holding it | 2 | 6 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
ArcBest
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $3.8B | $245M | 7.4% |
| 2022 | $5.0B | $305M | 7.8% |
| 2023 | $4.4B | $90M | 3.9% |
| 2024 | $4.2B | $46M | 5.8% |
| 2025 | $4.0B | $101M | 2.3% |
XPO Logistics
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $7.2B | $387M | 4.3% |
| 2022 | $7.7B | $303M | 4.9% |
| 2023 | $7.7B | -$839M | 5.7% |
| 2024 | $8.1B | $19M | 8.2% |
| 2025 | $8.2B | $329M | 8.0% |
Where the revenue comes from
ArcBest · by segments, 2025
Asset-Based$2.7B66%
Asset-Light$1.4B34%
XPO Logistics · by segments, 2025
North American LTL$4.8B59%
European Transportation$3.3B41%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open ARCB in InvestinglyQuestions
Which is bigger, ArcBest or XPO Logistics?
XPO Logistics (XPO), at $22.0B against $3.2B.
Is ARCB or XPO cheaper?
By trailing P/E, ArcBest (58.4x) is cheaper than XPO Logistics (64.3x). A lower multiple can also mean the market expects less growth.
Which grows faster, ARCB or XPO?
ArcBest: revenue grew +15.9% over the last year, against +13.2%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.