ArcBest (ARCB) financial statements
ArcBest reported revenue of $4.0B in fiscal 2025, up 4.5% a year over 9 years.
Net income was $60M and the operating margin 2.3%, against 1.3% in 2016.
Free cash flow was $101M, and the company returned $11M in dividends and $76M in net buybacks.
The diluted share count fell 13% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from ArcBest's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.7B | $2.8B | $3.1B | $3.0B | $2.9B | $3.8B | $5.0B | $4.4B | $4.2B | $4.0B |
| Research and development | — | — | — | — | $26M | $33M | $41M | $52M | $34M | $29M |
| Operating income | $34M | $61M | $109M | $64M | $98M | $277M | $395M | $173M | $244M | $90M |
| Interest expense | $5M | $6M | $9M | $11M | $12M | $9M | $8M | $9M | $9M | $12M |
| Pre-tax income | $28M | $52M | $84M | $51M | $92M | $273M | $388M | $187M | $219M | $83M |
| Income tax | $10M | -$8M | $17M | $11M | $21M | $63M | $94M | $45M | $45M | $23M |
| Net income | $19M | $60M | $67M | $40M | $71M | $214M | $298M | $195M | $174M | $60M |
| EPS (diluted) | $0.71 | $2.25 | $2.51 | $1.51 | $2.69 | $7.98 | $11.69 | $7.93 | $7.30 | $2.62 |
| Diluted shares | 26M | 26M | 27M | 26M | 26M | 27M | 26M | 25M | 24M | 23M |
| Operating margin | 1.3% | 2.2% | 3.5% | 2.1% | 3.3% | 7.4% | 7.8% | 3.9% | 5.8% | 2.3% |
| Net margin | 0.7% | 2.1% | 2.2% | 1.3% | 2.4% | 5.7% | 5.9% | 4.4% | 4.2% | 1.5% |
Balance sheet
Fiscal years, from ArcBest's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $171M | $177M | $297M | $318M | $369M | $125M | $326M | $330M | $157M | $124M |
| Receivables | $261M | $279M | $297M | $283M | $321M | $582M | $517M | $430M | $395M | $371M |
| Total current assets | $491M | $522M | $649M | $664M | $758M | $776M | $990M | $885M | $676M | $626M |
| Property, plant and equipment | $533M | $591M | $631M | $684M | $679M | $696M | $800M | $915M | $1.1B | $1.1B |
| Goodwill | $109M | $108M | $108M | $88M | $88M | $300M | $305M | $305M | $305M | $305M |
| Total assets | $1.3B | $1.4B | $1.5B | $1.7B | $1.8B | $2.1B | $2.5B | $2.5B | $2.4B | $2.5B |
| Total current liabilities | $396M | $403M | $451M | $444M | $507M | $703M | $768M | $702M | $666M | $657M |
| Long-term debt | $180M | $207M | $238M | $266M | $217M | $175M | $198M | $162M | $125M | $136M |
| Total liabilities | $683M | $714M | $822M | $888M | $950M | $1.2B | $1.3B | $1.2B | $1.1B | $1.2B |
| Shareholders' equity | $599M | $651M | $718M | $763M | $829M | $929M | $1.2B | $1.2B | $1.3B | $1.3B |
| Net debt | $65M | $86M | $47M | $64M | -$87M | $98M | $106M | -$33M | $62M | $122M |
Cash flow
Fiscal years, from ArcBest's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $112M | $152M | $255M | $170M | $206M | $324M | $471M | $322M | $286M | $229M |
| Capital spending | $79M | $76M | $54M | $102M | $57M | $78M | $166M | $232M | $240M | $128M |
| Free cash flow | $33M | $76M | $201M | $68M | $148M | $245M | $305M | $90M | $46M | $101M |
| Stock-based compensation | $8M | $7M | $8M | $10M | $10M | $11M | $13M | $11M | $11M | $11M |
| Dividends paid | $8M | $8M | $8M | $8M | $8M | $8M | $11M | $12M | $11M | $11M |
| Share buybacks (net) | -$10M | -$6M | -$9M | -$9M | -$7M | -$83M | -$65M | -$92M | -$75M | -$76M |
| Net borrowing | -$52M | -$69M | -$71M | -$59M | -$326M | -$172M | -$116M | -$69M | -$121M | -$108M |
| Free cash flow margin | 1.2% | 2.7% | 6.5% | 2.3% | 5.1% | 6.5% | 6.1% | 2.0% | 1.1% | 2.5% |
| Dividends per share | $0.32 | $0.31 | $0.31 | $0.31 | $0.31 | $0.30 | $0.42 | $0.47 | $0.47 | $0.48 |
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Open ARCB in InvestinglyQuestions
What was ArcBest's revenue in 2025?
$4.0B in fiscal 2025, from its 10-K filing.
How much free cash flow does ArcBest generate?
$101M in fiscal 2025 (operating cash flow minus capital spending).
From ArcBest's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.