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Dec 31, 2024
ArcBest Q4 2024 Earnings Report
ArcBest experienced a revenue decrease but made progress in cost control and productivity during the fourth quarter of 2024.
Key Takeaways
ArcBest reported Q4 2024 revenue of $1.0 billion, a decrease from $1.1 billion in Q4 2023. Net income was $29.0 million, or $1.24 per diluted share, compared to $48.8 million, or $2.01 per diluted share in the prior year. On a non-GAAP basis, net income was $31.2 million, or $1.33 per diluted share, compared to $60.0 million, or $2.47 per diluted share in the prior year.
Productivity gains were achieved through technology, training, and network design.
Focus on cost control initiatives helped mitigate headwinds from a challenging freight environment.
Significant investments were made to enable growth, improve service, and increase efficiencies.
Over $85 million was returned to shareholders in 2024 through share repurchases and dividends.
ArcBest
ArcBest
ArcBest Revenue by Segment
Revenue by Segment
Asset-Based Revenue
CapyFin.comAsset-Light Revenue
CapyFin.com Forward Guidance
The report does not contain specific forward guidance. It highlights the company's focus on cost control, productivity, and service quality.
Revenue & Expenses
Visualization of income flow from segment revenue to net income