ArcBest Corp (ARCB)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 173,961 | 195,433 | 298,209 | 213,521 | 71,100 |
| Revenue | US$ in thousands | 4,183,830 | 4,422,890 | 5,336,500 | 3,996,140 | 2,942,940 |
| Net profit margin | 4.16% | 4.42% | 5.59% | 5.34% | 2.42% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $173,961K ÷ $4,183,830K
= 4.16%
The net profit margin of ArcBest Corp has shown variability over the years, as evidenced by the following data points: 2.42% as of December 31, 2020, 5.34% as of December 31, 2021, 5.59% as of December 31, 2022, 4.42% as of December 31, 2023, and 4.16% as of December 31, 2024. These figures reflect the percentage of each dollar of revenue that translates into profit after accounting for all expenses.
The company experienced an improvement in its net profit margin from 2020 to 2022, indicating more efficient cost management or potentially higher revenue generation during this period. However, there was a slight decline in profitability in 2023 and 2024, which may be attributed to various factors such as increased expenses, pricing pressures, or changes in business operations.
Overall, ArcBest Corp has demonstrated some level of stability in maintaining a positive net profit margin throughout the years, suggesting a degree of profitability in its operations. It would be beneficial for stakeholders to monitor this metric closely to assess the company's ability to generate sustainable profits in the long run and make informed investment decisions.
Peer comparison
Dec 31, 2024