ArcBest Corporation (ARCB) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

Per the Roarable RQD rating, ARCB scores 56 out of 100, earning a D+ grade and the verdict label "Roarable Sell — Weak Fundamentals / Trim." The five pillars are: Fundamental Cash Engine at 13/20 (ROIC 5.4%; FCF yield 4.04%); Whale 13F Flow at 8/20 (institutional accumulation and options positioning); Insider Conviction at 11/20 (SEC Form 4 and Congressional PTR cluster flow); Macro Regime Fit at 11/20 (Beta 1.0; sector sensitivity); and Forensic Balance Sheet at 13/20 (Altman Z 2.5; Piotroski F 5/9; Debt/Equity 0.1). Taken together, the lowest-scoring pillar is institutional flow (8/20), meaning the source data gives the weakest read on whale positioning, while the cash engine and balance sheet pillars sit at the midpoint. For a prospective investor, the upside case rests on cash generation and a balance sheet that the forensic metrics describe as moderate and low-leverage; the valuation tradeoff is that the market data shows a trailing P/E of 47 and a forward P/E of 43.7, which places heavy expectations on earnings recovery. The verdict signals that the rating model does not see enough fundamental support to outweigh valuation and flow weakness at the current price.

Per the SEC financials, revenue declined across the three reported periods, from $4427.4M in FY 2023 to $4010.2M in FY 2025, while net income fell from $195.4M to $60.1M over the same span. The market data reports a net margin of 1.5% and an operating margin of 2.3%. Per the Roarable RQD rating, ROIC is 5.4%, the Altman Z-Score is 2.5, and the Piotroski F-Score is 5/9. The SEC financials show cash of $102.0M against debt of $136.0M for FY 2025, and the rating's Debt/Equity figure is 0.1.

• What is the revenue and earnings trajectory behind the decline from FY 2023 to FY 2025, and what drove the drop in net income?
• What explains the gap between a 47 trailing P/E and a 2.69 EPS, and how are the FY EPS figures (listed as N/A) reconciled?
• What do the institutional (13F) and insider (Form 4) trade details show, given the holders section is empty?
• What analyst consensus and price targets exist, given the analyst data section is empty?
• What is the gross margin of 0% reported in the market data, and how is it calculated relative to the operating margin of 2.3%?