ArcBest Corp (ARCB)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 244,434 | 270,526 | 180,624 | 173,895 | 172,619 | 163,318 | 233,563 | 327,485 | 399,269 | 431,252 | 403,477 | 341,738 | 280,986 | 224,303 | 176,524 | 122,650 | 98,278 | 56,797 | 48,223 | 62,998 |
| Revenue (ttm) | US$ in thousands | 4,182,550 | 4,265,140 | 4,329,760 | 4,354,670 | 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 |
| Operating profit margin | 5.84% | 6.34% | 4.17% | 3.99% | 3.84% | 3.51% | 4.79% | 6.34% | 7.50% | 8.18% | 8.17% | 7.60% | 7.03% | 6.20% | 5.19% | 3.99% | 3.34% | 2.00% | 1.70% | 2.11% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $244,434K ÷ $4,182,550K
= 5.84%
ArcBest Corp's operating profit margin has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The operating profit margin started at 2.11% in March 2020 and peaked at 8.18% in September 30, 2022, before gradually declining to 5.84% by December 31, 2024.
The company's operating profit margin experienced significant growth from March 2021 to June 2022, reaching its highest level during this period. This indicates that ArcBest Corp was able to improve its operational efficiency and generate more operating profit from its revenue during that time.
However, there was a notable decline in the operating profit margin from December 31, 2022, to September 30, 2023, dropping from 7.50% to 3.51%. This suggests that the company may have faced challenges in controlling its operating expenses or maintaining revenue growth during this period.
Overall, ArcBest Corp's operating profit margin trended positively from March 2020 to June 2022, with occasional fluctuations, but saw a decline in the latter part of the period analyzed. Investors and stakeholders may want to further investigate the factors contributing to these fluctuations to assess the company's operational performance and profitability sustainability.
Peer comparison
Dec 31, 2024