ArcBest Corp (ARCB)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 244,434 | 172,619 | 394,526 | 280,986 | 98,278 |
| Revenue | US$ in thousands | 4,183,830 | 4,422,890 | 5,336,500 | 3,996,140 | 2,942,940 |
| Operating profit margin | 5.84% | 3.90% | 7.39% | 7.03% | 3.34% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $244,434K ÷ $4,183,830K
= 5.84%
To analyze ArcBest Corp's operating profit margin over the years, we observe a fluctuating trend. In December 31, 2020, the operating profit margin stood at 3.34%, indicating a relatively modest profitability level. However, there was a substantial increase to 7.03% by December 31, 2021, suggesting improved operational efficiency and cost management.
Continuing this positive trend, the operating profit margin further increased to 7.39% by December 31, 2022, demonstrating sustained profitability growth. Nonetheless, there was a slight downturn to 3.90% by December 31, 2023, indicating potential challenges in maintaining previous levels of profitability.
Finally, by December 31, 2024, the operating profit margin recovered to 5.84%, showing a partial rebound from the previous year. Overall, ArcBest Corp's operating profit margin has shown variability, with notable improvements in certain years and some fluctuations that may require further investigation into the factors influencing profitability.
Peer comparison
Dec 31, 2024