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Arcbest Corp (ARCB) stock

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NASDAQ: ARCB Nasdaq Cargo Ground Transportation Next results ~November 4, 2026

C+ Fundamentals grade

Arcbest Corp is a US-listed company in the cargo ground transportation industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$79

Cash-flow model

Base case. Range ~$59–$110 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 39% below it.

Price used: $130.96, November 2, 2026

Arcbest Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 5 selling0 purchases and 9 sales by directors and officers, last 12 monthsInsider trades
  • Funds177 adding, 131 cuttingOf 59 active managers that changed their stake, 36 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Arcbest files

Where Arcbest stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $4.20bn, up 3.7% on a year earlier, against a decline of 1.6% a quarter earlier. Free-cash-flow margin rose to 4.1% from 1.4% a year earlier. Operating margin narrowed to 0.7% from 5.4%. The diluted share count is down 4.2% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 3 of our 5 financial-health checks. Our cash-flow model value is $79.30 a share, against a share price of $127. At that price, our model says the market is pricing in about 11.7% a year of cash-flow growth for five years, faster than the 2.2% a year revenue growth it has delivered.

Source: 10-Q filed July 30, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Arcbest Corp's trailing-twelve-month revenue grew 3.7% year on year, with a free-cash-flow margin of 4.1%. Where it stands out: change in share count of -4.2% ranks 4 of 18 cargo ground transportation companies we cover.

Our discounted-cash-flow model values the business at ~$79 per share in the base case (~$59–$110 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 213.4% while net income fell 89.7%: a 303pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Growth speeding up. The growth rate is 5.4 points higher than a quarter earlier.
  • Shrinking share count. Diluted shares fell 4.2% in a year, so each share owns more of the business.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • Priced above our value. The share price of $130.96 is 39% above our value per share of $79.
  • Margins narrowing. Operating margin is down 4.7 points on a year ago.
  • High earnings multiple. The shares trade at 181 times the last 12 months' earnings, so expectations are demanding.
  • Volatile shares. Over the past year the shares showed annualised volatility of 46% and a beta of 1.1 against the S&P 500.
  • Below peers: net margin. Net margin of 0.4% ranks 14 of 18 cargo ground transportation companies we cover (median 3.0%).

Latest results: FY2026 Q2

Filed July 30, 2026
Earnings per share
$2.38 against an average estimate of $2.26: beat by 5.2%
Revenue
$1.18bn, up 15.9% on a year earlier
Share reaction
-5.0% in the first session after the results on July 29, 2026, against +0.1% for the S&P 500
Next report
November 4, 2026; average EPS estimate $2.51

Arcbest's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+4.4%
  • 1 week+3.6%
  • 1 month-1.2%
  • This year+77.0%
  • 1 year+77.1%
  • 5 years+21.5%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$4.2B
Operating margin
0.7%
Net margin
0.4%
EPS (TTM, diluted)
$0.72

Growth

Revenue growth
+3.7%
Change in growth rate
+5.4 pts
Share count change
−4.2%

Cash

Free cash flow (TTM)
$173M
FCF margin
4.1%
Stock pay % of revenue
0.2%

Earnings

Last results
July 29, 2026
Next results (est.)
November 4, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Dividend
  2. Announcement
  3. Product
  4. Announcement
  5. Results
  6. Announcement
  7. Announcement
  8. Restructuring

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Arcbest Corp valuation models and calculator

What the price is pricing in

The share price implies about 12.5% a year of cash-flow growth for five years.That is faster than the 2.2% a year revenue growth Arcbest has delivered.

  • Priced in12.5%
  • Last 12 months3.7%
  • 3 years a year-3.3%
  • 5 years a year2.2%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($131.94, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$79
Price used
$131.94close November 3, 2026
Implied change
▼ 40%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Arcbest Corp's free cash flow after stock-based pay with after-tax interest added back ($100M, FY2026 Q2 TTM), growing 8.5% and 4.1% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$59–~$110 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Arcbest Corp's free cash flow after stock-based pay ( $100M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Arcbest Corp as an operating company, with every model that fits that kind of business. Cost of equity 9.4%: the 10-year Treasury yield (4.9%) plus a beta of 0.98 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$79 ~$59–$110 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$160 ~$150–$230 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$110 ~$79–$170 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$110 ~$94–$130 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$110 ~$79–$160 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Arcbest Corp with Cargo Ground Transportation in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −26%
  • Revenue growth 5 points higher ▲ +34%
  • Free-cash-flow margin 1 point lower ▼ −25%
  • Last year's free-cash-flow margin change, if it persists ▲ more than doubles
  • Discount rate 1 point higher ▼ −15%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $62$85$116$156$208$276
8.5% $47$64$86$114$152$200
10% $38$51$68$90$118$155

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$25.75$33.72$32.56$26.50$41.49$117.03$68.76$118.56$92.42$73.97$130.96
Market value$676m$891m$869m$701m$1.1bn$3.1bn$1.8bn$2.9bn$2.2bn$1.7bn$3.0bn
+ Net debt (− = net cash)$129m$148m$101m$122m−$20m$149m$106m−$33m$62m$122m$70m
Enterprise value$805m$1.0bn$971m$823m$1.1bn$3.3bn$1.9bn$2.9bn$2.3bn$1.8bn$3.0bn
Multiples
Price / sales 0.3x0.3x0.3x0.2x0.4x0.8x0.3x0.7x0.5x0.4x0.7x
Price / earnings 36.2x14.9x12.9x17.5x15.4x14.7x5.9x14.9x12.7x28.2x181.1x
Price / free cash flow 15.5x10.3x4.1x8.8x6.7x11.8x5.4x28.3x35.1x14.9x15.8x
EV / EBITDA 5.9x6.3x4.5x4.7x5.0x8.2x3.5x9.1x5.8x7.0x14.6x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

48 /100

Moderate moat

How hard Arcbest's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 6 / 20

    Net income has been a median 4.9% of total assets over 10 years.

  • Durability 0 / 20

    Operating margin has been a median 4.3%; its worst year was -3.3%.

  • Cash conversion 12 / 20

    Free cash flow was positive in 10 of 10 years, at a median 4.1% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 15.9% over five years; stock-based pay has been a median 0.3% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, before the open. Analysts expect revenue of $1.2bn and EPS of $2.51 (range $2.35 to $2.65) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $7.04 +90% $4.5bn +12%
Next $9.56 +36% $4.9bn +8%

Next year's EPS estimate has moved +2.4% in 90 days, across 13 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +7.5% on 90 days ago. In the last 30 days, 10 analysts raised Arcbest Corp's forecast and 2 cut it.

Consensus EPS forecast Arcbest Corp, last 90 days
$6.00 $7.00 $8.00 $9.00 $10.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $6.55 Current fiscal year, 60 days ago: $6.81 Current fiscal year, 30 days ago: $6.90 Current fiscal year, 7 days ago: $7.04 Current fiscal year, Now: $7.04 $7.04 Next fiscal year, 90 days ago: $9.33 Next fiscal year, 60 days ago: $9.49 Next fiscal year, 30 days ago: $9.55 Next fiscal year, 7 days ago: $9.56 Next fiscal year, Now: $9.56 $9.56

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $6.55$9.33
60 days ago $6.81$9.49
30 days ago $6.90$9.55
7 days ago $7.04$9.56
Now $7.04$9.56

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $2.26 $2.38 +5.2%
Mar 2026 $0.29 $0.32 +11.2%
Dec 2025 $0.42 $0.36 −13.8%
Sept 2025 $1.37 $1.46 +6.6%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, July 29, 2026

No numeric guidance in Arcbest Corp's latest earnings release (filed July 29, 2026). Some companies give their outlook only on the earnings call.

How our valuation uses these forecasts

Our cash-flow model grows Arcbest Corp's revenue by +8.5% next year and +4.1% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+11.5%, weight 68%) and the company's own record (+2.0%, weight 32%) . How the weights are set.

Analyst recommendations

14 analysts, Nov 2026
Buy857%
Hold643%
Sell00%

Monthly trend

  1. Nov 202626614
  2. Oct 202626614
  3. Sep 202626614

Counts of recommendations published by analysts covering Arcbest Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
9.4%
of tradable shares
Days to cover
6.48
at average volume
Short interest, 1 month
+12%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
1.4%
of shares
Employees
14,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +77.1%

$73.96 on October 31, 2025 to $130.96

ThenNowEffect
Revenue (last 12 months) $4.1bn $4.2bn +3.7%
Net margin 3.9% 0.4% −90.1%
P/E multiple 11.0x 181.1x +1547.7%
Share count 24m 23m +4.4%

Biggest factor: p/e multiple.

Last 3 years +10.8%

$118.24 on November 3, 2023 to $130.96

ThenNowEffect
Revenue (last 12 months) $4.6bn $4.2bn −9.6%
Net margin 5.1% 0.4% −92.4%
P/E multiple 12.5x 181.1x +1353.9%
Share count 25m 23m +11.2%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
ARCB+182%−41%+72%−22%−20%+77%
Industry peers (median)+36%−12%+11%−9%−12%+13%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
ARCB92%42%67%42%50%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
ARCB−41%−44%−26%−39%−44%−28%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 68% from September 11, 2018 to April 1, 2020. Getting back needed a 211% gain, reached on January 20, 2021, 294 days after the low.

Price behaviour

52-week range
$59.44 – $173.07
From 52-week high
−24.3%
vs 50-day average
−0.4%
vs 200-day average
+5.1%
Volatility (1 year)
46%
Beta vs S&P 500
1.14

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
4 up, 8 down
typical move ±9.6%
After a week
4 up, 8 down
typical move ±12.2%
After a month
6 up, 6 down
typical move ±13.8%
Results releasedNext dayS&P 500 next day5 days21 days
July 29, 2026 −5.0% +0.1% −5.2% −6.8%
April 28, 2026 +0.3% −0.5% −6.8% +5.7%
January 30, 2026 +16.9% +0.2% +31.2% +22.7%
November 5, 2025 −8.9% −0.7% −8.4% −0.1%
July 30, 2025 −10.8% −0.5% −9.6% −10.6%
April 29, 2025 −1.0% +0.7% −0.9% +9.4%
January 31, 2025 −3.3% −1.2% −3.5% −21.4%
November 1, 2024 −3.5% +0.2% +11.8% +4.6%
August 2, 2024 −13.8% −4.7% −14.4% −13.4%
April 30, 2024 −16.3% −1.9% −9.5% −20.3%
February 6, 2024 +9.6% +1.1% +8.8% +14.3%
October 27, 2023 +26.0% +0.7% +36.4% +35.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Arcbest Corp’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

ARCB Arcbest Corp Grade C+ $132.51

Own 100 shares, sell the $140 call expiring December 18, 2026 (46 days) for $5.70 a share — $570 per contract.

Previous session · Bid $5.70, ask $7.10, quoted Mon 2 Nov, 17:15 New York time with ARCB at $132.51. Option prices move with the shares: check the live chain at your broker before trading.

  • If ARCB ends below $140: you keep your shares and the $570 — 4.3% extra on the position, 34.1% a year at that pace.
  • If it ends above $140: your shares are sold at $140, a total return of 10.0% including the premium — at or above our value of ~$79.
$1.3k $0 −$2.5k Break-even $126.81 Price $132.51 ← Our value ~$79
Profit or loss per contract at expiry, by share price (including the shares bought at today's price).
Premium
$570
Annualised
34.1%
Break-even
$126.81
Max gain
$1,319
Chance of selling
~43%

Results are expected around November 4, 2026, before this option expires: the share price can jump on results, and the premium partly reflects that.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Arcbest Corp in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Arcbest Corp
$4B $4.2B $4.4B $4.6B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $4.5B Revenue (TTM), FY23 Q4: $4.4B Revenue (TTM), FY24 Q1: $4.4B Revenue (TTM), FY24 Q2: $4.3B Revenue (TTM), FY24 Q3: $4.3B Revenue (TTM), FY24 Q4: $4.2B Revenue (TTM), FY25 Q1: $4.1B Revenue (TTM), FY25 Q2: $4.1B Revenue (TTM), FY25 Q3: $4B Revenue (TTM), FY25 Q4: $4B Revenue (TTM), FY26 Q1: $4B Revenue (TTM), FY26 Q2: $4.2B $4.2B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $4.5B
FY23 Q4 $4.4B
FY24 Q1 $4.4B
FY24 Q2 $4.3B
FY24 Q3 $4.3B
FY24 Q4 $4.2B
FY25 Q1 $4.1B
FY25 Q2 $4.1B
FY25 Q3 $4B
FY25 Q4 $4B
FY26 Q1 $4B
FY26 Q2 $4.2B
Revenue growth, TTM YoY Arcbest Corp
-15% -10% -5% 0% 5% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: -6.9% Revenue growth, TTM YoY, FY23 Q4: -12.0% Revenue growth, TTM YoY, FY24 Q1: -10.5% Revenue growth, TTM YoY, FY24 Q2: -6.8% Revenue growth, TTM YoY, FY24 Q3: -5.2% Revenue growth, TTM YoY, FY24 Q4: -5.6% Revenue growth, TTM YoY, FY25 Q1: -5.7% Revenue growth, TTM YoY, FY25 Q2: -6.4% Revenue growth, TTM YoY, FY25 Q3: -5.3% Revenue growth, TTM YoY, FY25 Q4: -4.0% Revenue growth, TTM YoY, FY26 Q1: -1.6% Revenue growth, TTM YoY, FY26 Q2: 3.7% 3.7%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 -6.9%
FY23 Q4 -12.0%
FY24 Q1 -10.5%
FY24 Q2 -6.8%
FY24 Q3 -5.2%
FY24 Q4 -5.6%
FY25 Q1 -5.7%
FY25 Q2 -6.4%
FY25 Q3 -5.3%
FY25 Q4 -4.0%
FY26 Q1 -1.6%
FY26 Q2 3.7%
Operating margin (TTM) Arcbest Corp
0% 2% 4% 6% 8% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 3.5% Operating margin (TTM), FY23 Q4: 3.9% Operating margin (TTM), FY24 Q1: 4.0% Operating margin (TTM), FY24 Q2: 4.2% Operating margin (TTM), FY24 Q3: 6.3% Operating margin (TTM), FY24 Q4: 5.8% Operating margin (TTM), FY25 Q1: 5.6% Operating margin (TTM), FY25 Q2: 5.4% Operating margin (TTM), FY25 Q3: 3.4% Operating margin (TTM), FY25 Q4: 2.3% Operating margin (TTM), FY26 Q1: 2.2% Operating margin (TTM), FY26 Q2: 0.7% 0.7%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 3.5%
FY23 Q4 3.9%
FY24 Q1 4.0%
FY24 Q2 4.2%
FY24 Q3 6.3%
FY24 Q4 5.8%
FY25 Q1 5.6%
FY25 Q2 5.4%
FY25 Q3 3.4%
FY25 Q4 2.3%
FY26 Q1 2.2%
FY26 Q2 0.7%
FCF margin (TTM) Arcbest Corp
0% 2% 4% 6% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 2.2% FCF margin (TTM), FY23 Q4: 2.0% FCF margin (TTM), FY24 Q1: 1.3% FCF margin (TTM), FY24 Q2: 2.4% FCF margin (TTM), FY24 Q3: 1.9% FCF margin (TTM), FY24 Q4: 1.1% FCF margin (TTM), FY25 Q1: 1.4% FCF margin (TTM), FY25 Q2: 1.4% FCF margin (TTM), FY25 Q3: 1.6% FCF margin (TTM), FY25 Q4: 2.5% FCF margin (TTM), FY26 Q1: 3.4% FCF margin (TTM), FY26 Q2: 4.1% 4.1%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 2.2%
FY23 Q4 2.0%
FY24 Q1 1.3%
FY24 Q2 2.4%
FY24 Q3 1.9%
FY24 Q4 1.1%
FY25 Q1 1.4%
FY25 Q2 1.4%
FY25 Q3 1.6%
FY25 Q4 2.5%
FY26 Q1 3.4%
FY26 Q2 4.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Arcbest took in during FY2025, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $4B
  2. Research and development $29.1M · 0.7%
  3. Other operating costs $3.9B · 97.0%
  4. Operating income $90.3M · 2.3%
  5. Income tax $23M · 0.6%
  6. Net income $60.1M · 1.5%

Shares of revenue. Source: Arcbest's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2008 Dec 2008 2009 Dec 2009 2010 Dec 2010 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 1,833 1,473 1,658 2,700 2,826 3,094 2,988 2,940 3,766 5,029 4,427 4,179 4,010 4,204
EBITDA 125 −93 17 137 164 218 176 217 400 533 318 394 261 208
Operating income 49 −169 −55 34 61 109 64 98 277 395 173 244 90 29
Net income 29 −128 −33 19 60 67 40 71 214 298 195 174 60 16
Diluted EPS $1.14 −$5.12 −$1.30 $0.71 $2.25 $2.51 $1.51 $2.69 $7.98 $11.69 $7.93 $7.30 $2.62 $0.72
Growth (year on year)
Revenue — −19.6% +12.6% +62.9% +4.7% +9.5% −3.4% −1.6% +28.1% +33.5% −12.0% −5.6% −4.0% +3.7%
EBITDA — −174.5% — — +19.9% +32.4% −19.1% +22.9% +84.4% +33.3% −40.3% +23.8% −33.8% −44.5%
Operating income — −447.7% — — — +77.8% −41.5% +54.1% +181.8% +42.4% −56.2% +41.6% −63.1% −86.6%
Net income — — — — — +12.6% −40.6% — +200.3% +39.7% −34.5% −11.0% −65.5% −89.7%
Diluted EPS — — — — — +11.6% −39.8% — +196.7% +46.5% −32.2% −7.9% −64.1% −89.3%
Margins
EBITDA margin 6.8% −6.3% 1.0% 5.1% 5.8% 7.0% 5.9% 7.4% 10.6% 10.6% 7.2% 9.4% 6.5% 4.9%
Operating margin 2.6% −11.5% −3.3% 1.3% 2.2% 3.5% 2.1% 3.3% 7.4% 7.8% 3.9% 5.8% 2.3% 0.7%
Net margin 1.6% −8.7% −2.0% 0.7% 2.1% 2.2% 1.3% 2.4% 5.7% 5.9% 4.4% 4.2% 1.5% 0.4%
Free-cash-flow margin 2.5% −2.5% 0.9% 1.6% 3.0% 6.8% 2.7% 5.5% 7.0% 6.4% 2.3% 1.5% 2.8% 4.4%
Cash flow
Cash from operations 105 12 26 112 152 255 170 206 324 471 322 286 229 282
Capital spending 59 48 11 68 66 44 91 43 58 148 219 223 115 95
Free cash flow 47 −36 15 44 86 211 79 163 265 323 103 63 114 187
Stock-based pay 6 6 6 8 7 8 10 10 11 13 11 11 11 9
Free cash flow after stock pay 41 −42 9 36 79 203 70 152 254 310 92 51 104 178
Balance sheet
Cash 101 39 103 114 121 190 202 304 77 158 262 127 102 146
Total debt 0 17 57 244 269 292 324 284 226 265 229 189 224 216
Net debt (negative = net cash) −101 −22 −46 129 148 101 122 −20 149 106 −33 62 122 70
Diluted shares 25m 25m 25m 26m 26m 27m 26m 26m 27m 26m 25m 24m 23m 23m
Returned to shareholders
Dividends 15 16 3 8 8 8 8 8 8 11 12 11 11 11
Buybacks — — — 10 6 9 9 7 83 65 92 75 76 42
Total returned 15 16 3 18 14 18 17 15 91 76 103 87 87 53

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 5 checks passed · June 30, 2026
What it owns · $2.5bn
Short-term assets $706mLonger-term assets $1.7bn
What it owes, and who funded it · $2.0bn
Short-term liabilities $730mShareholders' equity $1.3bn
  • Short-term assets cover short-term liabilities $706m of assets due within a year against $730m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $146m of cash against $216m of debt.
  • Debt below 40% of shareholders' equity Debt is 17% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 19% to 17% over five years.
  • A year's operating cash flow covers at least 20% of debt $282m of operating cash flow against $216m of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Arcbest Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$42M
Dividends (TTM)
$10.8M
Returned to shareholders
31%
of free cash flow
Buybacks, last 3 fiscal years
$242M
Diluted share count
−4.2%
year over year
Total shareholder yield
1.8%
dividends 0.4% + buybacks 1.4% of market value
Dividend payout ratio
66%
of net income paid out
Days sales outstanding
39 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in cargo ground transportation
Last 12 months unless stated ARCB SAIA LSTR WERN ODFL SNDR Median
Revenue, last 12 months $4.2bn $3.5bn $5.3bn $3.3bn $5.6bn $6.0bn $3.5bn
Revenue growth, last 12 months 3.7% 9.3% 10.7% 9.6% −0.6% 6.0% 7.0%
Revenue growth, 3-year average −3.3% 8.3% −2.9% −0.8% −2.0% 1.5% −0.8%
Revenue growth, latest quarter 15.9% 17.0% 25.4% 24.0% 10.4% 9.2% 10.4%
Operating margin 0.7% 10.7% 4.1% −0.9% 25.8% 3.4% 3.2%
Operating margin, 3-year average 3.4% 12.8% 4.4% 1.9% 26.4% 3.1% 3.4%
Net margin 0.4% 8.0% 3.0% −1.4% 19.4% 2.4% 3.0%
Cash from operations / revenue 6.7% 17.5% 3.2% 8.4% 24.9% 9.9% 9.9%
Free-cash-flow margin 4.1% 7.9% 3.0% 1.6% 19.9% 4.3% 3.0%
Free-cash-flow margin, 3-year average 2.6% −1.7% 4.3% −1.3% 17.1% 4.2% 0.9%
Stock pay / revenue 0.2% — 0.2% 0.4% 0.3% 0.3% 0.3%
Change in share count −4.2% 0.0% −2.8% −2.9% −1.9% 0.1% −1.5%

Median of all 19 companies we cover in cargo ground transportation. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

19 cargo ground transportation companies
Measure Company Peer median Rank
Revenue growth Growth 3.7% 7.0% 12 of 19
Change in growth rate Growth +5.4pp +3.0pp 6 of 19
Operating margin Profitability 0.7% 3.4% 12 of 18
Net margin Profitability 0.4% 3.0% 14 of 18
Free-cash-flow margin Cash generation 4.1% 3.0% 9 of 19
Stock pay as % of revenue Cash generation 0.2% 0.3% 6 of 15
Long-term debt as % of assets Balance sheet 4.9% 11.5% 6 of 17
Change in share count Balance sheet -4.2% -1.5% 4 of 18
Days sales outstanding Balance sheet 39 days 49 days 5 of 18

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Asset Based $2.6B 64.9% ▼ 0.9%
Asset Light $1.4B 34.9% ▼ 9.5%
Corporate and Other $5.6M 0.1% ▲ 11.6%

From Arcbest Corp's 10-K filed February 25, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$3.3B
Institutions reporting
328
Shares held vs prior quarter
▼ 0.5%
Positions opened / closed
79 / 26

Top buyers and sellers, Q2 2026: 177 institutions bought and 131 sold ; the biggest buyer was Invesco Ltd (+841K shares) and the biggest seller FMR LLC (−1.2M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $503M 3.5M 15.3% ▲ 3.4%
Invesco Ltd. $237M 1.7M 7.2% ▲ 104.0%
American Century Companies Inc $221M 1.5M 6.7% ▲ 11.6%
Dimensional Fund Advisors LP $197M 1.4M 6.0% ▼ 2.0%
Vanguard Portfolio Management LLC $195M 1.4M 5.9% ▲ 7.0%
Vanguard Capital Management LLC $144M 1.0M 4.4% 0.0%
State Street Corp $138M 961K 4.2% ▲ 0.4%
Geode Capital Management, LLC $84.4M 588K 2.6% ▲ 3.2%
Maple Rock Capital Partners Inc. $76.9M 536K 2.3% ▲ 32.5%
Principal Financial Group Inc $68M 474K 2.1% ▼ 2.9%
Charles Schwab Investment Management Inc $66.9M 466K 2.0% ▼ 11.5%
Morgan Stanley $62.8M 437K 1.9% ▼ 9.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Arcbest Corp's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $3.2M 9 trades by 5 insiders · 0% under pre-set plans
Net ▼ $3.2M net selling
Insider Date Trade Shares Price Value
Parks Jason T VP - Controller(1) September 15, 2026 Sell 855 $135.09 $115,502
Anderson Dennis L Ii Chief Innovation Officer August 11, 2026 Sell 3,347 $134.87 $451,410
Anderson Dennis L Ii Chief Innovation Officer August 11, 2026 Sell 2,103 $135.63 $285,230
Mcreynolds Judy R Director August 7, 2026 Sell 2,857 $138.98 $397,066
Mcreynolds Judy R Director August 6, 2026 Sell 1,443 $139.30 $201,010
Stipp Janice E Director August 6, 2026 Sell 1,400 $137.46 $192,444
Stipp Janice E Director August 6, 2026 Sell 3,600 $139.20 $501,120
Gattis Erin K CHIEF HUMAN RESOURCES OFFICER August 4, 2026 Sell 6,163 $140.00 $862,820
Mcreynolds Judy R Director August 4, 2026 Sell 1,500 $144.78 $217,170

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 2 trades and filings

No trades in Arcbest Corp disclosed in the last 12 months; 2 earlier trades on record.

  • Kevin Hern(R-OK 1):Sale (full), $50,001 - $100,000, traded December 19, 2022, filed January 13, 2023
  • Kevin Hern(R-OK 1):Purchase, $50,001 - $100,000, traded November 26, 2021, filed December 9, 2021

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • July 29, 2026
  • April 28, 2026
  • January 30, 2026
  • November 5, 2025
  • July 30, 2025
  • April 29, 2025

Recent SEC filings

Data status

When each part of this page on Arcbest Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Arcbest Corp in brief

What does Arcbest Corp do?
Arcbest Corp is a US-listed company in the cargo ground transportation industry. Its financial year ends in December.
What is Arcbest Corp's stock ticker?
Arcbest Corp trades under the ticker ARCB on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Arcbest Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Arcbest Corp reported revenue of $4.2B, 3.7% higher than a year earlier, according to its SEC filings.
What is Arcbest Corp's free cash flow?
Arcbest Corp's free-cash-flow margin is 4.1% of revenue over the trailing twelve months, ranking 9 of the 19 cargo ground transportation companies we cover.
What is Arcbest Corp's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Arcbest Corp's free cash flow after stock-based pay gives ~$79 per share in the base case, and ~$59–$110 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Arcbest Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Invesco Ltd. and American Century Companies Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Arcbest Corp buying back stock, and does it pay a dividend?
Arcbest Corp spent $42M on share repurchases over the trailing twelve months, and its diluted share count fell 4.2% over the year.
What is Arcbest Corp's market cap?
On November 2, 2026, Arcbest Corp's market capitalisation was about $3B, with a price-to-earnings ratio of 181.1 and net debt of $69.7M. Market figures come from third-party market data and may be delayed.
Does Arcbest Corp pay a dividend?
Yes: Arcbest Corp paid $10.8M in dividends over the trailing twelve months, a dividend yield of 0.37% and a payout ratio of 66.2%.
How much debt does Arcbest Corp have?
Arcbest Corp's debt-to-equity ratio is 17.0%, from its latest balance sheet (18.8% five years earlier). The financial health section below sets out its other solvency checks.
Who are Arcbest Corp's competitors?
In our Cargo Ground Transportation peer group, the companies closest to Arcbest Corp are Saia Inc, Landstar System Inc, Werner Enterprises Inc, Old Dominion and Schneider National, Inc. The side-by-side comparison below sets their revenue, margins and growth against Arcbest Corp's.
Are insiders buying or selling Arcbest Corp stock?
Over the last 12 months, Arcbest Corp's directors and officers reported 0 open-market purchases and 9 sales on Form 4. The insider trading page charts every trade.
When is Arcbest Corp's next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Arcbest Corp announces its own schedule.