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ArcBest ARCB Asset Light — Purchased Transportation

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Other financials

Income statement

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Revenue$1.2B+15.9%
Operating income-$20.6M-155%
Net income-$13.8M-154%
EPS (diluted)-$0.62-155%

Balance sheet

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Cash & equivalents$145.9M+27.0%
Total debt$423.5M-13.8%
Total equity$1.3B-2.5%
Total assets$2.5B-0.6%

Cash flow

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Operating cash flow$129.7M+18.5%
CapEx$12.6M-54.1%
Free cash flow$117.1M+42.8%

Valuation

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Market cap$3.02B+79.5%
Enterprise value$3.3B+60.2%
P/E60.2×+11.4×
P/S0.7×+0.3×

Profitability

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Operating margin0.9%-4.5pp
Net margin2.4%-2.1pp
FCF margin4.4%+2.7pp

Returns & leverage

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Return on equity7.4%-7.9pp
Debt / equity0.3×0.0×
Current ratio0.0×

Where this comes from

Reported directly by ArcBest in its filing.

Tagged under the XBRL concept arcb:PurchasedTransportation.

The source filing: ArcBest’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 11:57 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-053753
Line itemThree Months Ended / March 31 / 2026Three Months Ended / March 31 / 2025
Other331992
Total Asset-Based637,530619,877
Asset-Light
Purchased transportation325,671304,614
Salaries, wages, and benefits22,74525,549
Supplies and expenses1,4491,739
Depreciation and amortization(1)4,0104,618
Shared services18,76917,981

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is ArcBest's asset light — purchased transportation?
ArcBest (ARCB) reported asset light — purchased transportation of $325.67M in Q1 2026.
How has ArcBest's asset light — purchased transportation changed year-over-year?
ArcBest's asset light — purchased transportation increased by 6.9% year-over-year, from $304.61M to $325.67M.
What is the long-term trend for ArcBest's asset light — purchased transportation?
Over 4 years (2021 to 2025), ArcBest's asset light — purchased transportation has grown at a 2.3% compound annual growth rate (CAGR), from $1.1B to $1.2B.
What does asset light — purchased transportation mean?
Reflects the costs incurred by the segment to outsource transportation services to third-party carriers. This is a primary variable expense for asset-light logistics providers, indicating the scale of subcontracted capacity used to fulfill customer demand.

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