A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
PAMT CORP
PAMT
$356M
Mkt Cap
$16.22
+2.66%
PAMT CORP (PAMT) has a 5-year average return on invested capital (ROIC) of 9.4%. This is below average and may indicate limited pricing power.
PAMT CORP (PAMT) has a market capitalization of $339M. It is classified as a small-cap stock.
PAMT CORP (PAMT) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 1.55%.
PAMT CORP (PAMT) operates in the Trucking (No Local) industry, within the Industrials sector.
PAMT CORP (PAMT) reported annual revenue of $715 million in its most recent fiscal year, based on SEC EDGAR filings.
PAMT CORP (PAMT) has a net profit margin of -4.4%. The company is currently unprofitable.
PAMT CORP (PAMT) generated $-82 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Unless the context otherwise requires, all references in this Annual Report on Form 10-K to the “Company,” “we,” “our,” or “us” mean PAMT CORP and its subsidiaries. We are a holding company that owns subsidiaries engaged in providing truckload dry van carrier services transporting general commodities throughout the continental United States and Mexico, as well as in certain Canadian provinces. Our consolidated operating subsidiaries also provide transportation services in Mexico under agreements with Mexican carriers. Our freight consists primarily of automotive parts, expedited goods, consumer goods, such as general retail store merchandise, and manufactured goods, such as heating and air conditioning units. PAMT CORP (formerly P.A.M. Transportation Services, Inc.) is a holding company incorporated under the laws of the State of Nevada in November 2024 and previously incorporated under the laws of the State of Delaware in June 1986.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 598M | 715M | - | - | - | - |
| Net Income | -53M | -32M | 18M | 91M | 77M | 18M |
| EPS | $-2.50 | $-1.45 | $0.83 | $4.04 | $0.84 | $0.39 |
| Free Cash Flow | -23M | -82M | 81M | 105M | 83M | 19M |
| ROIC | -11.0% | -6.0% | 4.4% | 22.7% | 19.0% | 6.9% |
| Gross Margin | - | 75.6% | - | - | - | - |
| Debt/Equity | 1.59 | 1.44 | 0.83 | 0.88 | 1.03 | 1.91 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -64M | -37M | 30M | 124M | 100M | 34M |
| Operating Margin | -10.7% | -5.1% | - | - | - | - |
| ROE | -25.0% | -10.7% | 6.0% | 35.1% | 41.8% | 12.6% |
| Shares Outstanding | 21M | 22M | 22M | 22M | 91M | 46M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 403M | 411M | 417M | 433M | 438M | N/A | 9.4M | N/A | N/A | N/A | N/A | 715M | 598M |
| Gross Margin | 75.8% | 41.5% | 42.5% | 57.4% | 55.2% | N/A | N/A | N/A | N/A | N/A | N/A | 75.6% | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 107M | 108M | 106M | 112M | 102M | 120M | 130M | 124M | 141M | 182M | 186M | N/A | 160M |
| EBIT | 12M | 23M | 36M | 20M | 13M | 42M | 19M | 34M | 100M | 124M | 30M | -37M | -64M |
| Op. Margin | 2.9% | 5.6% | 8.7% | 4.6% | 2.9% | N/A | N/A | N/A | N/A | N/A | N/A | -5.1% | -10.7% |
| Net Income | 5.9M | 13M | 21M | 11M | 39M | 24M | 7.9M | 18M | 77M | 91M | 18M | -32M | -53M |
| Net Margin | 1.5% | 3.3% | 5.1% | 2.6% | 8.9% | N/A | 84.3% | N/A | N/A | N/A | N/A | -4.4% | -8.8% |
| Non-Recurring | 854K | 4.6M | 5.8M | 4.7M | 58K | 1.3M | -583K | -373K | 1.4M | 3.3M | 1.0M | 5.6M | 5.6M |
| Returns on Capital | |||||||||||||
| ROIC | 3.4% | 8.1% | 12.4% | 5.5% | 17.5% | 10.5% | 4.3% | 6.9% | 19.0% | 22.7% | 4.4% | -6.0% | -11.0% |
| ROE | 5.0% | 12.5% | 21.3% | 11.3% | 35.1% | 18.0% | 5.8% | 12.6% | 41.8% | 35.1% | 6.0% | -10.7% | -25.0% |
| ROA | 1.8% | 4.1% | 6.3% | 3.0% | 10.1% | 5.6% | 1.6% | 3.3% | 13.1% | 13.6% | 2.4% | -4.2% | -7.5% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 43M | 55M | 62M | 48M | 51M | 82M | 84M | 68M | 102M | 169M | 115M | 59M | 17M |
| Free Cash Flow | -28M | 27M | -64M | -38M | -17M | 8.5M | 4.9M | 19M | 83M | 105M | 81M | -82M | -23M |
| Owner Earnings | -73M | 19M | 29M | -65M | -73M | -56M | 28M | 11M | 46M | 105M | 49M | -41M | -259M |
| CapEx | 72M | 29M | 126M | 86M | 68M | 74M | 79M | 48M | 19M | 64M | 34M | 141M | 41M |
| Maint. CapEx | 116M | 36M | 32M | 113M | 123M | 138M | 55M | 56M | 55M | 63M | 65M | 99M | 276M |
| Growth CapEx | 0 | 0 | 93M | 0 | 0 | 0 | 24M | 0 | 0 | 1.2M | 0 | 41M | 0 |
| D&A | 116M | 36M | 32M | 113M | 123M | 138M | 55M | 56M | 55M | 63M | 65M | 99M | 276M |
| CapEx/OCF | 165.7% | 51.7% | 204.3% | 181.7% | 133.7% | 89.7% | 94.1% | 71.4% | 18.8% | 37.9% | 29.7% | 238.4% | 235.0% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 508K | 16M | 48M | 21M | 6.3M | 13M | 14M | 2.3M | 11M | 7.0M | 4.7M | 5.3M | 5.3M |
| Buyback Yield | 0.3% | 3.8% | 23.8% | 12.1% | 2.8% | 5.5% | 4.2% | 0.9% | 1.3% | 1.3% | 1.0% | 1.4% | 1.5% |
| Stock-Based Comp | 317K | 270K | 267K | 302K | 614K | 732K | 912K | 460K | 441K | 715K | 553K | 723K | 548K |
| Debt Repayment | 33M | 58M | 54M | 47M | 48M | 82M | 71M | 64M | 75M | 67M | 71M | 67M | 67M |
| Balance Sheet | |||||||||||||
| Net Debt | 88M | 43M | 115M | 139M | 146M | 193M | 212M | 258M | 164M | 148M | 118M | 288M | 250M |
| Cash & Equiv. | 1.2M | 28M | 157K | 137K | 224K | 282K | 318K | 337K | 19M | 74M | 101M | 68M | 84M |
| Long-Term Debt | 70M | 52M | 99M | 124M | 99M | 157M | 174M | 228M | 173M | 205M | 204M | 253M | 268M |
| Debt/Equity | 0.95 | 0.95 | 1.37 | 1.78 | 1.35 | 1.59 | 1.80 | 1.91 | 1.03 | 0.88 | 0.83 | 1.44 | 1.59 |
| Interest Coverage | 3.4 | 7.9 | 12.9 | 5.5 | 3.2 | 6.7 | 2.2 | 3.8 | 12.5 | 15.6 | 3.3 | -2.8 | -2.8 |
| Equity | 116M | 100M | 102M | 94M | 128M | 139M | 134M | 150M | 216M | 300M | 314M | 278M | 210M |
| Total Assets | 329M | 325M | 358M | 380M | 392M | 466M | 498M | 579M | 587M | 749M | 760M | 742M | 698M |
| Total Liabilities | 213M | 225M | 256M | 286M | 265M | 327M | 364M | 429M | 371M | 449M | 446M | 464M | 487M |
| Intangibles | 37K | 28K | 19K | 9K | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Retained Earnings | 83M | 96M | 117M | 129M | 168M | 199M | 207M | 225M | 301M | 263M | 282M | 250M | 198M |
| Working Capital | -121M | 14M | 7.8M | 19M | -8.7M | 1.3M | -19M | -7.0M | 88M | 139M | 114M | 93M | 32M |
| Current Assets | 93M | 129M | 93M | 100M | 102M | 109M | 106M | 124M | 200M | 281M | 251M | 212M | 171M |
| Current Liabilities | 213M | 115M | 85M | 81M | 111M | 107M | 125M | 130M | 111M | 142M | 137M | 119M | 139M |
| Per Share Data | |||||||||||||
| EPS | 0.17 | 0.42 | 0.73 | 0.42 | 1.52 | 0.98 | 0.34 | 0.39 | 0.84 | 4.04 | 0.83 | -1.45 | -2.50 |
| Owner EPS | -2.11 | 0.58 | 0.99 | -2.45 | -2.85 | -2.28 | 1.23 | 0.24 | 0.51 | 4.69 | 2.23 | -1.87 | -12.37 |
| Book Value | 3.33 | 3.11 | 3.47 | 3.54 | 4.99 | 5.67 | 5.83 | 3.27 | 2.37 | 13.38 | 14.16 | 12.66 | 10.06 |
| Cash Flow/Share | 1.24 | 1.72 | 2.10 | 1.79 | 1.98 | 3.35 | 3.67 | 1.48 | 1.11 | 7.52 | 5.16 | 2.69 | 10.65 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 34.8M | 32.1M | 29.3M | 26.6M | 25.6M | 24.6M | 23.0M | 45.8M | 91.4M | 22.4M | 22.2M | 21.9M | 20.9M |
| Valuation | |||||||||||||
| P/E Ratio | 30.6 | 30.9 | 9.4 | 15.7 | 5.9 | 10.2 | 42.6 | 14.7 | 10.6 | 6.2 | 26.4 | N/A | -6.5 |
| P/FCF | N/A | 15.6 | N/A | N/A | N/A | 28.8 | 66.4 | 26.9 | 39.3 | 5.3 | 6.0 | N/A | N/A |
| EV/EBIT | 23.4 | 20.0 | 8.7 | 15.7 | 29.4 | 10.5 | 43.7 | 15.3 | 9.7 | 5.7 | 19.9 | N/A | N/A |
| Price/Book | N/A | 4.2 | 2.0 | 1.9 | 1.8 | 1.8 | 2.5 | 1.7 | 3.8 | 1.9 | 1.5 | 1.3 | 1.6 |
| Price/Sales | 0.3 | 0.6 | 0.9 | 0.3 | 0.3 | 0.5 | 0.6 | 0.5 | 0.6 | 0.7 | 0.7 | 0.5 | 0.6 |
| FCF Yield | -15.7% | 6.4% | -31.8% | -22.0% | -7.5% | 3.5% | 1.5% | 7.4% | 10.2% | 18.8% | 16.6% | -21.9% | -6.9% |
| Market Cap | 181M | 417M | 202M | 174M | 228M | 244M | 336M | 262M | 812M | 559M | 485M | 374M | 339M |
| Avg. Price | 3.26 | 7.64 | 12.32 | 5.69 | 5.61 | 11.55 | 13.56 | 9.84 | 19.10 | 31.08 | 24.23 | 17.61 | 16.22 |
| Year-End Price | 5.20 | 12.97 | 6.89 | 6.55 | 8.90 | 9.92 | 14.27 | 11.38 | 35.55 | 24.90 | 21.88 | 17.04 | 16.22 |
PAMT CORP passes 3 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average ROIC is 9.4% with a gross margin of 75.6%. Total shareholder yield (buybacks) is 1.5%. At current prices, the estimated annualized return to fair value is +41.0%.
PAMT CORP (PAMT) has a debt-to-equity ratio of 1.44. This indicates moderate leverage.
PAMT CORP (PAMT) reported earnings per share (EPS) of $-1.45 in its most recent fiscal year.
PAMT CORP (PAMT) has a return on equity (ROE) of -10.7%. A negative ROE may indicate losses or negative equity.
PAMT CORP (PAMT) has a 5-year average gross margin of 75.6%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 16 years of financial data for PAMT CORP (PAMT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
PAMT CORP (PAMT) has a book value per share of $12.66, based on its most recent annual SEC filing.