ArcBest
Pairs ABF Freight’s national LTL network with brokerage and managed logistics.
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Profile
Moves less-than-truckload freight nationwide through ABF Freight and sells truckload brokerage, expedited shipping, managed transportation, forwarding, warehousing, and household moving through asset-light operations. The owned terminal network supplies assured capacity, while third-party carriers extend reach; labor and fixed network costs make LTL utilization central to results.
Moves less-than-truckload freight through ABF Freight’s terminal network and sells complementary logistics through an asset-light segment. MoLo sources truckload capacity from third-party carriers, Panther handles ground-expedite shipments, and managed transportation, intermodal, international forwarding, warehousing, U-Pack household moving, and Vaux freight-handling technology broaden the offering. Operations cover every U.S. state, with additional reach into Canada, Mexico, Puerto Rico, and international air and ocean lanes.
Combines assured capacity from the owned LTL network with brokerage and managed services that require less equipment and real estate. The LTL network is infrastructure- and labor-intensive, with mostly fixed terminal costs; about four-fifths of Asset-Based employees work under the Teamsters agreement running through 2028. Freight volumes, market rates, fuel surcharges, and efficient use of labor and network capacity shape results.
Company facts
Categories
Key statistics
Year to date +77.0% · Average volume (30d) 338.1K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 3, 2026 | UBS | Reiterate | Neutral | $145 | $154 |
| Jul 29, 2026 | Goldman Sachs | Reiterate | Buy | $165 | $172 |
| Jul 21, 2026 | Stifel Nicolaus | Target | $116 | $176 | |
| Jul 15, 2026 | Citigroup | Initiate | Outperform | ||
| Jul 7, 2026 | UBS | Reiterate | Neutral | $122 | $145 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 29, 2026Q2 FY26 | $2.26 | $2.38 | +5.3% | $1.17B | $1.18B | +0.9% | −5.35% |
| Apr 28, 2026Q1 FY26 | $0.27 | $0.32 | +18.5% | $999.1M | $998.8M | 0.0% | −0.55% |
| Jan 30, 2026Q4 FY25 | $0.45 | $0.36 | −20.0% | $967.8M | $972.7M | +0.5% | +10.56% |
| Nov 5, 2025Q3 FY25 | $1.37 | $1.46 | +6.6% | $961.7M | $1.05B | +9.0% | −8.10% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $967.1M | $1.02B | $1.05B | $972.7M | $998.8M | $1.18B | |
| Gross profit | $55.5M | $84.1M | $86.1M | −$8.3M | $3.4M | $2.18B | |
| Operating income | $6.6M | $37.3M | $54.6M | −$8.3M | $3.4M | −$20.6M | |
| Net income | $3.1M | $25.8M | $39.3M | −$8.1M | −$1.0M | −$13.8M | |
| Diluted EPS | $0.13 | $1.12 | $1.72 | −$0.36 | −$0.05 | −$0.62 | |
| Gross margin | 5.7% | 8.2% | 8.2% | -0.8% | 0.3% | 184.0% | |
| Operating margin | 0.7% | 3.6% | 5.2% | -0.8% | 0.3% | -1.7% |
Fiscal years (4-quarter sums)FY21 $3.98B · FY22 $5.11B · FY23 $4.43B · FY24 $4.18B · FY25 $4.01B
Revenue by product · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $168.4M · Total debt $459.8M · Total assets $2.45B · Shareholders' equity $1.27B
Dividends
Raised for 15 straight years — most recently to $0.12 from $0.08 in May 2022. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 7, 2026 | Aug 7 | Aug 21 | $0.12 | |
| May 8, 2026 | May 8 | May 22 | $0.12 | |
| Feb 10, 2026 | Feb 10 | Feb 24 | $0.12 | |
| Nov 14, 2025 | Nov 14 | Nov 28 | $0.12 | |
| Aug 8, 2025 | Aug 8 | Aug 22 | $0.12 | |
| May 9, 2025 | May 9 | May 23 | $0.12 | |
| Feb 11, 2025 | Feb 11 | Feb 25 | $0.12 | |
| Nov 13, 2024 | Nov 13 | Nov 27 | $0.12 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 22.35M · Float 21.91M · 98.0% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 3.51M | 15.69% | 13F | Aug 7, 2026 |
| Invesco Ltd. | 1.65M | 7.40% | 13G | Aug 13, 2026 |
| American Century Companies Inc | 1.54M | 6.90% | 13F | Aug 12, 2026 |
| Dimensional Fund Advisors LP | 1.37M | 6.13% | 13F | Aug 11, 2026 |
| Vanguard Portfolio Management LLC | 1.36M | 6.08% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 11, 2026 | Dennis L. II Anderson | officer: Chief Innovation Officer | −5,450 | $135.16 |
| Aug 7, 2026 | Judy R. Mcreynolds | director | −2,857 | $138.98 |
| Aug 6, 2026 | Judy R. Mcreynolds | director | −1,443 | $139.30 |
| Aug 6, 2026 | Janice E. Stipp | director | −5,000 | $138.71 |
| Aug 4, 2026 | Judy R. Mcreynolds | director | −1,500 | $144.78 |
Peers
- Old Dominion Freight Line
Non-union national LTL carrier with best-in-class OR and service quality
- FedEx Freight
Largest US LTL network by doors; pure-play standalone since June 2026
- XPO
National LTL carrier with 300 service centers and AI-driven margin expansion
- Saia
National non-union LTL carrier completing a $2B+ terminal network build-out
- C.H. Robinson Worldwide
Largest North American freight broker across TL, LTL, and managed logistics
- TFI International
Acquisition-led North American carrier with TForce Freight as US LTL flagship
- RXO
Third-largest North American freight broker with tech-driven TL brokerage
- J.B. Hunt
Largest US intermodal carrier with ICS brokerage and 360 digital platform
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| ArcBest | $136.54 | −0.05% | $3.05B | 197.9 | 16.8 | 0.7 | +15.9% |
| Old Dominion Freight Line | $199.00 | +0.19% | $41.31B | 38.3 | 31.8 | 7.4 | +10.4% |
| FedEx Freight | $133.60 | +0.07% | $19.95B | 34.5 | 27.5 | 2.3 | — |
| XPO | $188.56 | +0.01% | $22.08B | 55.6 | 32.1 | 2.6 | +13.2% |
| Saia | $352.25 | −0.03% | $9.40B | 34.0 | 27.7 | 2.8 | +17.1% |
| C.H. Robinson Worldwide | $150.39 | −0.03% | $17.73B | 28.7 | 21.9 | 1.0 | +19.3% |
| TFI International | $133.75 | +0.33% | $10.96B | 30.3 | 18.7 | 1.2 | +51.2% |
| RXO | $21.91 | +0.05% | $3.61B | — | 64.3 | 0.6 | +25.0% |
| J.B. Hunt | $261.03 | −0.02% | $24.51B | 37.0 | 29.5 | 1.9 | +19.4% |
| Median | 34.5 | 28.6 | 2.1 | +19.3% |