ArcBest reported record fourth-quarter revenue of $1.2 billion, a $368.8 million increase compared to Q4 2020, with each operating segment achieving double-digit percentage revenue growth. Net income reached $65.5 million, or $2.47 per diluted share, while non-GAAP net income was $73.9 million, or $2.79 per diluted share.
Delivered record fourth quarter net income of $65.5 million, or $2.47 per diluted share, with non-GAAP fourth quarter 2021 net income of $73.9 million, or $2.79 per diluted share.
Achieved the highest revenue and net income in ArcBest’s history on both a fourth quarter and annual basis.
Each of ArcBest’s operating segments achieved double-digit percentage revenue growth over the prior year period.
Returned $116 million to shareholders through stock repurchase programs and dividends.
Visualization of income flow from segment revenue to net income