ArcBest Corp (ARCB)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 56.99% | 57.93% | 57.86% | 58.20% | 59.54% | 61.04% | 63.53% | 65.57% | 66.91% | 67.15% | 66.02% | 64.01% | 61.12% | 68.33% | 67.27% | 66.57% | 65.53% | 63.40% | 63.27% | 63.17% |
| 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% |
| Pretax margin | 5.24% | 5.85% | 3.69% | 3.68% | 5.35% | 4.86% | 6.03% | 7.30% | 7.38% | 8.07% | 8.03% | 7.51% | 6.93% | 6.11% | 5.13% | 3.95% | 3.14% | 1.77% | 1.21% | 1.59% |
| Net profit margin | 4.16% | 4.54% | 2.96% | 2.80% | 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% |
ArcBest Corp's profitability ratios have shown some fluctuations over the past few years.
1. Gross Profit Margin: The gross profit margin has generally been above 60% and has been increasing steadily from around 63% in early 2020 to above 67% in mid-2021. However, there has been a slight decline in recent quarters, dropping to around 57% by the end of 2024.
2. Operating Profit Margin: The operating profit margin has also shown a similar trend to the gross profit margin, starting at around 2% in early 2020 and peaking at over 8% in mid-2022. However, it declined thereafter, ending at around 5.84% by the end of 2024.
3. Pretax Margin: The pretax margin has followed a similar pattern, increasing from below 2% in early 2020 to over 8% in mid-2022. However, it has since decreased and stabilized at around 5% by the end of 2024.
4. Net Profit Margin: The net profit margin has also shown an upward trend, starting at around 1% in early 2020 and reaching above 6% in mid-2022. Similar to the other profitability ratios, it has seen a slight decline and settled at around 4% by the end of 2024.
Overall, ArcBest Corp has demonstrated a consistent improvement in profitability ratios from 2020 to mid-2022, with margins expanding across the board. However, there has been some recent softening in profitability metrics, potentially indicative of changing market conditions or internal factors. It would be important for the company to closely monitor and address these trends to sustain its profitability in the long term.
Return on investment
| 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 return on assets (Operating ROA) | 10.06% | 11.21% | 7.50% | 7.38% | 6.95% | 6.70% | 9.67% | 13.47% | 16.01% | 17.67% | 17.59% | 15.47% | 13.30% | 11.43% | 9.59% | 6.94% | 5.52% | 3.25% | 2.58% | 3.43% |
| Return on assets (ROA) | 7.16% | 8.02% | 5.33% | 5.17% | 7.86% | 7.55% | 9.85% | 12.33% | 11.96% | 13.37% | 13.13% | 11.75% | 10.11% | 8.76% | 7.48% | 5.24% | 4.00% | 2.38% | 1.52% | 2.02% |
| Return on total capital | 16.98% | 18.98% | 13.12% | 12.68% | 12.29% | 11.69% | 16.93% | 27.16% | 29.58% | 38.29% | 37.95% | 34.76% | 30.24% | 23.34% | 19.65% | 14.40% | 11.86% | 7.08% | 6.22% | 8.30% |
| Return on equity (ROE) | 13.24% | 14.82% | 10.42% | 9.96% | 15.73% | 15.07% | 19.64% | 24.87% | 25.90% | 28.98% | 28.33% | 26.42% | 22.98% | 17.89% | 15.33% | 10.86% | 8.58% | 5.19% | 3.68% | 4.87% |
ArcBest Corp's profitability ratios have shown fluctuating trends over the past few years.
- Operating return on assets (Operating ROA) has been consistently increasing from 3.43% in March 2020 to a peak of 17.67% in September 2022, before experiencing a slight decline to 10.06% by December 2024.
- Return on assets (ROA) has followed a similar pattern, starting at 2.02% in March 2020, reaching a high of 13.37% in September 2022, and then decreasing to 7.16% by December 2024.
- Return on total capital has displayed a more volatile trend, with significant fluctuations over the periods. It peaked at 38.29% in September 2022 but then dropped to 16.98% by December 2024.
- Return on equity (ROE) has shown a steady increase from 4.87% in March 2020 to a high of 28.98% in September 2022, but declined to 13.24% by December 2024.
Overall, ArcBest Corp's profitability ratios indicate a mixed performance, with certain ratios showing strong growth and others experiencing declines in recent periods. It is essential for the company to analyze the reasons behind these fluctuations and implement strategies to maintain or improve profitability in the future.