ArcBest vs Heartland Express
ArcBest reported revenue of $4.0 billion in fiscal 2025, 5.0 times Heartland Express' $806 million in fiscal 2025. ArcBest's revenue fell 4.0% in its latest year, and Heartland Express' fell 23.1%. ArcBest had an operating margin of 2.2%, against -7.1% at Heartland Express. Free cash flow was $114 million at ArcBest and −$67 million at Heartland Express.
Side by side
| ArcBest | Heartland Express | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $4.0B | $806M |
| Revenue growth | −4.0% | −23.1% |
| Revenue growth a year, last 5 years | 6.4% | 4.5% |
| Gross margin | — | — |
| Operating margin | 2.2% | −7.1% |
| Net margin | 1.5% | −6.5% |
| Free cash flow | $114M | −$67M |
| Free cash flow margin | 2.9% | −8.3% |
| Return on capital | 4.8% | −4.8% |
| Net debt to EBITDA | 0.4x | 1.3x |
| Dividends and buybacks | $87M | $17M |
| Change in diluted share count | −3.7% | −1.1% |
| Last close | $127.91 | $10.09 |
| P/E at the last close | 99.2× | — |
| Insider trades, last 12 months | sold $3.2 million | bought $31,380, sold $492,069 |
| Piotroski F-score | 4 of 8 | 4 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
ArcBestHeartland Express
Operating margin
Percent of revenue
ArcBestHeartland Express
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
ArcBestHeartland Express
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the ArcBest and Heartland Express pages.