arcbest corporation solves complex logistics and transportation challenges. our companies and brands – abf freight, abf logistics, panther premium logistics, fleetnet america, u-pack and arcbest technologies – apply the skill and the will with every shipment and supply chain solution, household move or vehicle repair. arcbest finds a way.
![ArcBest logo](/files/LOGO/894405-ARCB.png)
Company profile
Ticker
ARCB
Exchange
Website
CEO
Judy McReynolds
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ARKANSAS BEST CORP /DE/
SEC CIK
Corporate docs
Subsidiaries
ABF Cartage, Inc. • ABF Freight System (B.C.) ULC • ABF Freight System Canada ULC • ABF Freight System, Inc. • ABF, Inc. • Albert Companies, Inc. • ArcBest Dedicated LLC • ArcBest Enterprise Solutions, Inc. • ArcBest Funding LLC • ArcBest Holdings, Inc. ...
IRS number
710673405
ARCB stock data
Latest filings (excl ownership)
8-K
ABF Freight President Seth Runser Appointed President of ArcBest
18 Jul 24
8-K
Entry into a Material Definitive Agreement
14 Jun 24
8-K
Regulation FD Disclosure
7 Jun 24
10-Q
2024 Q1
Quarterly report
3 May 24
8-K
Submission of Matters to a Vote of Security Holders
1 May 24
8-K
Results of Operations and Financial Condition
30 Apr 24
8-K
ArcBest Declares a $0.12/Share Quarterly Dividend
26 Apr 24
DEFA14A
Additional proxy soliciting materials
2 Apr 24
ARS
2023 FY
Annual report to shareholders
15 Mar 24
DEFA14A
Additional proxy soliciting materials
15 Mar 24
Transcripts
ARCB
Earnings call transcript
2024 Q1
30 Apr 24
ARCB
Earnings call transcript
2023 Q4
6 Feb 24
ARCB
Earnings call transcript
2023 Q3
27 Oct 23
ARCB
Earnings call transcript
2023 Q2
28 Jul 23
ARCB
Earnings call transcript
2023 Q2
28 Jul 23
ARCB
Earnings call transcript
2023 Q1
28 Apr 23
ARCB
Earnings call transcript
2022 Q4
3 Feb 23
ARCB
Earnings call transcript
2022 Q3
1 Nov 22
ARCB
Earnings call transcript
2022 Q2
29 Jul 22
ARCB
Earnings call transcript
2022 Q1
29 Apr 22
Latest ownership filings
11-K
Annual report of employee stock purchases
27 Jun 24
4
JUDY R MCREYNOLDS
14 May 24
4
Michael E Newcity
14 May 24
4
Erin K Gattis
14 May 24
4
SETH RUNSER
14 May 24
4
Jason T Parks
14 May 24
4
Steven Carrol Leonard
14 May 24
4
Michael R Johns
14 May 24
4
Dennis L Anderson II
14 May 24
4
Christopher A Adkins
14 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 172.86 mm | 172.86 mm | 172.86 mm | 172.86 mm | 172.86 mm | 172.86 mm |
Cash burn (monthly) | 29.79 mm | 2.54 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 115.17 mm | 9.81 mm | n/a | n/a | n/a | n/a |
Cash remaining | 57.68 mm | 163.04 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 1.9 | 64.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
96.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 300 |
Opened positions | 116 |
Closed positions | 33 |
Increased positions | 58 |
Reduced positions | 90 |
13F shares | Current |
---|---|
Total value | 2.98 tn |
Total shares | 22.62 mm |
Total puts | 272.90 k |
Total calls | 258.20 k |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 3.74 mm | $533.45 bn |
Vanguard | 2.62 mm | $372.98 bn |
Dimensional Fund Advisors | 1.69 mm | $240.31 bn |
Alliancebernstein | 1.58 mm | $225.54 bn |
STT State Street | 938.26 k | $133.70 bn |
FMR | 868.00 k | $123.69 bn |
LSV Asset Management | 549.85 k | $78.35 mm |
Geode Capital Management | 540.59 k | $77.05 bn |
American Century Companies | 505.36 k | $72.01 bn |
Nuveen Asset Management | 441.98 k | $62.96 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 May 24 | Anderson Dennis L II | Common Stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 117.4 | 5,906 | 693.36 k | 22,445 |
12 May 24 | Johns Michael R | Common Stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 117.4 | 4,802 | 563.75 k | 19,125 |
12 May 24 | Leonard Steven Carrol | Common Stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 117.4 | 4,288 | 503.41 k | 26,653 |
12 May 24 | Jason T Parks | Common Stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 117.4 | 141 | 16.55 k | 2,864 |
11 May 24 | Christopher A Adkins | Common Stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 117.4 | 204 | 23.95 k | 3,319 |
11 May 24 | Anderson Dennis L II | Common Stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 117.4 | 1,356 | 159.19 k | 28,351 |
11 May 24 | Johns Michael R | Common Stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 117.4 | 1,118 | 131.25 k | 23,927 |
11 May 24 | Leonard Steven Carrol | Common Stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 117.4 | 1,006 | 118.10 k | 30,941 |
11 May 24 | Jason T Parks | Common Stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 117.4 | 32 | 3.76 k | 3,005 |
News
B of A Securities Maintains Underperform on ArcBest, Raises Price Target to $112
22 Jul 24
Seth Runser Appointed President Of ArcBest, Effective August 1, 2024
18 Jul 24
JP Morgan Downgrades ArcBest to Neutral, Lowers Price Target to $127
9 Jul 24
Morgan Stanley Maintains Overweight on ArcBest, Lowers Price Target to $176
8 Jul 24
Wells Fargo Initiates Coverage On ArcBest with Overweight Rating, Announces Price Target of $140
7 Jun 24
Press releases
ABF Freight President Seth Runser Appointed President of ArcBest
18 Jul 24
ArcBest Wins "Robotics Innovation of the Year" In 2024 SupplyTech Breakthrough Awards Program
13 Jun 24
ArcBest Partners with Scholarship America to Offer Company's Inaugural Employee Dependent Scholarship Program
29 May 24
ABF Freight Wins 2023 Excellence in Security Award for a Record Tenth Time
29 Apr 24