ArcBest Corp (ARCB)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	195,433	183,980	237,905	299,923	298,209	326,360	301,209	259,729	213,521	171,947	137,660	92,559	71,100	41,637	28,503	36,999	39,985	60,833	85,339	62,196
Revenue (ttm)	US$ in thousands	4,493,120	4,653,130	4,876,850	5,166,410	5,326,350	5,274,290	4,938,980	4,495,079	3,997,842	3,620,356	3,398,646	3,076,929	2,942,547	2,843,551	2,836,113	2,980,260	2,988,521	3,045,382	3,083,878	3,105,669
Net profit margin		4.35%	3.95%	4.88%	5.81%	5.60%	6.19%	6.10%	5.78%	5.34%	4.75%	4.05%	3.01%	2.42%	1.46%	1.01%	1.24%	1.34%	2.00%	2.77%	2.00%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $195,433K ÷ $4,493,120K
= 4.35%

ArcBest Corp's net profit margin has shown some fluctuations over the past eight quarters.

The net profit margin was highest in Q2 2023 at 4.95% and lowest in Q3 2022 at 4.02%. It showed a decreasing trend from Q1 2023 to Q4 2023, indicating a potential decline in the company's profitability during this period.

Comparing the most recent quarter (Q4 2023) to the same quarter a year ago (Q4 2022), there was a decrease in the net profit margin from 5.60% to 4.41%. This decline may suggest that ArcBest Corp faced challenges in maintaining profitability over the year.

Overall, ArcBest Corp's net profit margin has shown variability, with some quarters performing better than others. It would be important for the company to closely monitor its expenses and revenue generation strategies to improve profitability in the future.