Financials ArcBest Corporation

Equities

ARCB

US03937C1053

Ground Freight & Logistics

Real-time Estimate Cboe BZX 19:12:36 08/05/2024 BST 5-day change 1st Jan Change
114 USD -2.60% Intraday chart for ArcBest Corporation +5.65% -4.77%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 704 1,084 3,064 1,710 2,844 2,744 - -
Enterprise Value (EV) 1 781.6 999 3,165 1,649 2,743 2,588 2,388 2,173
P/E ratio 18.3 x 15.9 x 15 x 5.99 x 15.2 x 18.1 x 10.8 x 8.3 x
Yield 1.16% 0.75% 0.27% 0.63% 0.4% 0.43% 0.44% 0.5%
Capitalization / Revenue 0.24 x 0.37 x 0.77 x 0.32 x 0.64 x 0.63 x 0.58 x 0.55 x
EV / Revenue 0.26 x 0.34 x 0.8 x 0.31 x 0.62 x 0.59 x 0.51 x 0.43 x
EV / EBITDA 3.53 x 4.3 x 7.41 x 2.88 x 7.42 x 6.33 x 4.68 x 3.74 x
EV / FCF 9.84 x 6.14 x 11.9 x 5.11 x 26.6 x 14.6 x 12 x -
FCF Yield 10.2% 16.3% 8.38% 19.6% 3.76% 6.84% 8.35% -
Price to Book 0.92 x 1.36 x 3.21 x 1.47 x 2.32 x 2.05 x 1.78 x 1.44 x
Nbr of stocks (in thousands) 25,507 25,408 25,568 24,418 23,662 23,432 - -
Reference price 2 27.60 42.67 119.8 70.04 120.2 117.1 117.1 117.1
Announcement Date 30/01/20 02/02/21 01/02/22 03/02/23 06/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,988 2,940 3,980 5,324 4,427 4,386 4,709 5,009
EBITDA 1 221.2 232.6 427.1 571.6 369.6 409.1 510.3 580.5
EBIT 1 109 120.8 318.1 472.9 258.3 271.9 353.1 420.8
Operating Margin 3.65% 4.11% 7.99% 8.88% 5.83% 6.2% 7.5% 8.4%
Earnings before Tax (EBT) 1 51.47 92.5 277.2 393.2 186.9 246.3 332.8 387.1
Net income 1 39.98 71.1 213.5 298.2 195.4 168.4 251.2 299
Net margin 1.34% 2.42% 5.36% 5.6% 4.41% 3.84% 5.33% 5.97%
EPS 2 1.510 2.690 7.980 11.69 7.930 6.471 10.82 14.10
Free Cash Flow 1 79.41 162.7 265.1 322.6 103.1 176.9 199.4 -
FCF margin 2.66% 5.54% 6.66% 6.06% 2.33% 4.03% 4.23% -
FCF Conversion (EBITDA) 35.9% 69.98% 62.07% 56.44% 27.91% 43.24% 39.07% -
FCF Conversion (Net income) 198.6% 228.89% 124.16% 108.18% 52.78% 105.06% 79.39% -
Dividend per Share 2 0.3200 0.3200 0.3200 0.4400 0.4800 0.5047 0.5209 0.5842
Announcement Date 30/01/20 02/02/21 01/02/22 03/02/23 06/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,185 1,335 1,393 1,352 1,244 1,106 1,103 1,128 1,090 1,036 1,077 1,136 1,117 1,104 1,162
EBITDA 1 128.6 132.6 173.7 154.6 110.7 78.1 76.3 101.6 113.6 73.33 100.6 111.7 104.3 95.47 132.8
EBIT 1 102.2 108.6 137.3 131.1 82.65 51.87 50.13 74.66 81.65 42.64 70.29 82.88 74.09 61.96 93.5
Operating Margin 8.62% 8.14% 9.86% 9.7% 6.64% 4.69% 4.54% 6.62% 7.49% 4.11% 6.53% 7.3% 6.63% 5.61% 8.05%
Earnings before Tax (EBT) 1 86.2 92.27 133 115 52.88 23.54 48.67 46.89 67.81 -4.677 61.85 64 59.15 52.13 88.23
Net income 1 65.49 69.57 102.5 88.84 37.34 18.85 39.6 34.93 48.79 -2.312 46.15 47.8 44.2 40.17 67.03
Net margin 5.53% 5.21% 7.36% 6.57% 3% 1.7% 3.59% 3.1% 4.48% -0.22% 4.28% 4.21% 3.96% 3.64% 5.77%
EPS 2 2.470 2.680 4.000 3.500 1.480 0.7500 1.600 1.420 2.010 -0.1200 2.016 2.266 2.155 1.882 2.842
Dividend per Share 2 0.0800 0.0800 0.0800 0.1200 0.1200 0.1200 0.1200 - 0.1200 - 0.1279 0.1279 0.1279 0.1408 0.1408
Announcement Date 01/02/22 29/04/22 29/07/22 01/11/22 03/02/23 28/04/23 28/07/23 27/10/23 06/02/24 30/04/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 77.6 - 101 - - - - -
Net Cash position 1 - 85.1 - 61.4 101 156 356 571
Leverage (Debt/EBITDA) 0.3507 x - 0.2355 x - - - - -
Free Cash Flow 1 79.4 163 265 323 103 177 199 -
ROE (net income / shareholders' equity) 10.3% 10.7% 25.9% 33.5% 16.2% 15.3% 18.3% 18.7%
ROA (Net income/ Total Assets) - - - - 7.8% 7.56% 9.65% 10.8%
Assets 1 - - - - 2,506 2,226 2,603 2,769
Book Value Per Share 2 30.00 31.40 37.40 47.50 51.70 57.20 65.80 81.20
Cash Flow per Share 2 6.440 7.800 12.10 18.50 13.10 12.00 19.10 16.90
Capex 1 91 43.2 58.4 148 219 328 287 282
Capex / Sales 3.04% 1.47% 1.47% 2.78% 4.95% 7.48% 6.1% 5.63%
Announcement Date 30/01/20 02/02/21 01/02/22 03/02/23 06/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
13
Last Close Price
117.1 USD
Average target price
144.8 USD
Spread / Average Target
+23.63%
Consensus
  1. Stock Market
  2. Equities
  3. ARCB Stock
  4. Financials ArcBest Corporation