Proficient Auto Logistics (PAL)
Market Price (8/23/2026): $5.43 | Market Cap: $151.6 MilSector: Industrials | Industry: Air Freight & Logistics
Proficient Auto Logistics (PAL)
Market Price (8/23/2026): $5.43Market Cap: $151.6 MilSector: IndustrialsIndustry: Air Freight & Logistics
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldFCF Yield is 12% Megatrend and thematic driversMegatrends include Future of Freight, and Electric Vehicles & Autonomous Driving. Themes include Freight Technology, Autonomous Trucks, Show more. | Weak multi-year price returns2Y Excs Rtn is -110%, 3Y Excs Rtn is -138% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -15 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -3.7% Weak revenue growthRev Chg QQuarterly Revenue Change % is -5.3% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -32% Key risksPAL key risks include [1] active SEC and law firm investigations for potential securities fraud, Show more. |
| Attractive yieldFCF Yield is 12% |
| Megatrend and thematic driversMegatrends include Future of Freight, and Electric Vehicles & Autonomous Driving. Themes include Freight Technology, Autonomous Trucks, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -110%, 3Y Excs Rtn is -138% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -15 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -3.7% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -5.3% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -32% |
| Key risksPAL key risks include [1] active SEC and law firm investigations for potential securities fraud, Show more. |
Qualitative Assessment
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Proficient Auto Logistics (PAL) stock has lost about 25% since 4/30/2026 because of the following key factors:
1. Proficient Auto Logistics reported a significant earnings miss and a sharp decline in profitability for fiscal Q2 2026 (ended June 30, 2026). The company posted an adjusted loss of $0.14 per share, substantially missing Wall Street's expectation for earnings of $0.22 per share. This represented a $0.20 miss per share. Total operating revenue decreased by 5.3% year-over-year to $109.4 million, while adjusted EBITDA dropped 32.7% to $7.6 million from $11.3 million in Q2 2025. Following the announcement, PAL shares fell by 13.67% in after-hours trading and experienced a 28.9% decline after the results were made public.
2. The company faced increased operating costs and reduced capacity during fiscal Q2 2026, impacting its financial performance. Higher fuel costs, increased driver payments, and elevated equipment and maintenance expenses pressured the company's results, with pricing actions generally lagging behind this cost inflation. The adjusted operating ratio worsened to 99.5% in Q2 2026, compared to 96.7% in the prior year, indicating less efficient operations. Total units delivered fell by 8% year-over-year to 580,962, attributed in part to constrained carrier capacity and market exits by smaller providers in the auto logistics industry.
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Proficient Auto Logistics (PAL) stock has lost about 25% since 4/30/2026 because of the following key factors:
1. Proficient Auto Logistics reported a significant earnings miss and a sharp decline in profitability for fiscal Q2 2026 (ended June 30, 2026). The company posted an adjusted loss of $0.14 per share, substantially missing Wall Street's expectation for earnings of $0.22 per share. This represented a $0.20 miss per share. Total operating revenue decreased by 5.3% year-over-year to $109.4 million, while adjusted EBITDA dropped 32.7% to $7.6 million from $11.3 million in Q2 2025. Following the announcement, PAL shares fell by 13.67% in after-hours trading and experienced a 28.9% decline after the results were made public.
2. The company faced increased operating costs and reduced capacity during fiscal Q2 2026, impacting its financial performance. Higher fuel costs, increased driver payments, and elevated equipment and maintenance expenses pressured the company's results, with pricing actions generally lagging behind this cost inflation. The adjusted operating ratio worsened to 99.5% in Q2 2026, compared to 96.7% in the prior year, indicating less efficient operations. Total units delivered fell by 8% year-over-year to 580,962, attributed in part to constrained carrier capacity and market exits by smaller providers in the auto logistics industry.
3. The financial structure and near-term integration risks associated with the Hansen & Adkins acquisition weighed on investor sentiment. Proficient Auto Logistics agreed to acquire Hansen & Adkins for an implied enterprise value of $130 million. To help finance this acquisition, PAL announced a $75 million convertible bond offering, which introduces additional financial leverage and the potential for shareholder dilution. At the close of fiscal Q2 2026, net debt stood at $62.3 million, resulting in a net leverage ratio of 2.1x trailing 12-month adjusted EBITDA. While the acquisition is expected to be a long-term growth driver, management indicated that significant synergy benefits are not anticipated to materialize until fiscal 2027, creating short-term uncertainty and risk during the integration phase.
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Stock Movement Drivers
Fundamental Drivers
The -27.5% change in PAL stock from 4/30/2026 to 8/22/2026 was primarily driven by a -57.4% change in the company's P/S Multiple.| (LTM values as of) | 4302026 | 8222026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.35 | 5.33 | -27.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 241 | 423 | 75.5% |
| P/S Multiple | 0.8 | 0.4 | -57.4% |
| Shares Outstanding (Mil) | 27 | 28 | -3.1% |
| Cumulative Contribution | -27.5% |
Market Drivers
4/30/2026 to 8/22/2026| Return | Correlation | |
|---|---|---|
| PAL | -27.5% | |
| Market (SPY) | 6.5% | 21.2% |
| Sector (XLI) | 3.2% | 21.1% |
Fundamental Drivers
The -47.1% change in PAL stock from 1/31/2026 to 8/22/2026 was primarily driven by a -47.4% change in the company's P/S Multiple.| (LTM values as of) | 1312026 | 8222026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.08 | 5.33 | -47.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 418 | 423 | 1.0% |
| P/S Multiple | 0.7 | 0.4 | -47.4% |
| Shares Outstanding (Mil) | 28 | 28 | -0.5% |
| Cumulative Contribution | -47.1% |
Market Drivers
1/31/2026 to 8/22/2026| Return | Correlation | |
|---|---|---|
| PAL | -47.1% | |
| Market (SPY) | 11.0% | 31.4% |
| Sector (XLI) | 9.3% | 29.4% |
Fundamental Drivers
The -22.9% change in PAL stock from 7/31/2025 to 8/22/2026 was primarily driven by a -36.7% change in the company's P/S Multiple.| (LTM values as of) | 7312025 | 8222026 | Change |
|---|---|---|---|
| Stock Price ($) | 6.91 | 5.33 | -22.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 336 | 423 | 25.8% |
| P/S Multiple | 0.6 | 0.4 | -36.7% |
| Shares Outstanding (Mil) | 27 | 28 | -3.1% |
| Cumulative Contribution | -22.9% |
Market Drivers
7/31/2025 to 8/22/2026| Return | Correlation | |
|---|---|---|
| PAL | -22.9% | |
| Market (SPY) | 22.2% | 32.4% |
| Sector (XLI) | 19.8% | 33.3% |
Fundamental Drivers
nullnull
Market Drivers
7/31/2023 to 8/22/2026| Return | Correlation | |
|---|---|---|
| PAL | ||
| Market (SPY) | 73.2% | 34.7% |
| Sector (XLI) | 70.0% | 37.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PAL Return | - | - | - | -45% | 19% | -46% | -65% |
| Peers Return | 38% | 4% | 42% | 40% | 25% | 31% | 361% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| PAL Win Rate | - | - | - | 50% | 50% | 50% | |
| Peers Win Rate | 75% | 50% | 67% | 83% | 75% | 38% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| PAL Max Drawdown | - | - | - | - | -47% | -53% | |
| Peers Max Drawdown | -20% | -25% | -22% | -12% | -24% | -17% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: R.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/21/2026 (YTD)
About Proficient Auto Logistics (PAL)
Proficient Auto Logistics (PAL) is a leading non-union, specialized freight company providing comprehensive auto transportation and logistics services across North America. Formed by combining five industry-leading operating companies, PAL operates one of the largest auto transportation fleets, utilizing approximately 1,130 auto transport vehicles and trailers daily. The company's primary service involves transporting finished vehicles from automotive production facilities, marine ports of entry, or regional rail yards directly to auto dealerships throughout the United States.
PAL's differentiated business model is rooted in its significant scale, extensive geographic coverage with 49 strategically located facilities, and deeply embedded customer relationships with leading auto original equipment manufacturers (OEMs). Its customer base is diverse, including global auto giants like General Motors, BMW, Stellantis, and Mercedes Benz, alongside electric vehicle producers such as Tesla and Rivian, as well as auto dealers, auctions, and rental car companies. The company has achieved robust historical revenue growth, driven by market share gains from union to non-union providers, price increases for industry-leading service, and OEMs seeking partners with nationwide coverage. With automotive production volumes currently rebounding, PAL is well-positioned for continued expansion through both organic growth and strategic acquisitions.
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Here are 1-3 brief analogies for Proficient Auto Logistics (PAL):
- Think of them as the FedEx or UPS for car manufacturers, dealerships, and rental companies, handling the specialized transport of finished vehicles.
- They are essentially the J.B. Hunt or XPO Logistics dedicated to the auto industry's new vehicle deliveries, providing a nationwide network for moving cars.
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- Finished Vehicle Transportation: Transporting new, finished vehicles from automotive production facilities, marine ports of entry, or regional rail yards to auto dealerships nationwide.
- Automotive Logistics Services: Providing comprehensive planning, execution, and coordination services for the efficient movement and delivery of vehicles within the automotive supply chain.
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Major Customers of Proficient Auto Logistics (PAL)
Proficient Auto Logistics primarily sells its auto transportation and logistics services to other companies (B2B).
Its major customers include leading auto original equipment manufacturing companies (OEMs) such as:
- General Motors (GM)
- BMW
- Stellantis (STLA)
- Mercedes Benz
- Tesla (TSLA)
- Rivian (RIVN)
Additional customer categories include:
- Auto dealers
- Auto auctions
- Rental car companies
- Auto leasing companies
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Richard D. O'Dell, Chief Executive Officer
Mr. O'Dell serves as the Chief Executive Officer of Proficient Auto Logistics. Prior to this role, he was the Chief Executive Officer of Saia Inc., a publicly traded trucking company, from December 2006 until his retirement in April 2020. He also served as the Non-Executive Chairman of the Board of Directors of Saia since April 2020. Mr. O'Dell joined Saia in 1997 and held various executive and financial positions before becoming CEO. He also has a background in public accounting as a certified public accountant.
Amy Rice, President and Chief Operating Officer
Ms. Rice is the President and Chief Operating Officer of Proficient Auto Logistics. Her experience includes various leadership roles at CSX, a Class I freight railroad and transportation provider, from 2011 to 2019, including Vice President of Coal and Intermodal Operations, Vice President of Strategic Planning, Vice President of Operations Planning and Performance, and Vice President of Finance. Most recently, from 2019 to 2023, she served as the Chief Executive Officer of Sy-Klone International, a private manufacturer of fine dust filtration systems.
Brad Wright, Chief Financial Officer
Mr. Wright serves as the Chief Financial Officer of Proficient Auto Logistics. Previously, he was the Chief Financial Officer and a board member of PMC Consolidated Holdings, LLC, the parent company of Protect My Car. This company, a Crestview Partners portfolio company, was sold in August 2023. From September 2017 to March 2018, Mr. Wright was the interim Chief Financial Officer of Eurasia Group, a global consultancy firm. From February 2008 to July 2017, he held the positions of Executive Vice President, Chief Financial Officer, and Chief Administrative Officer at FBR & Co., a NASDAQ-listed investment banking and institutional brokerage firm.
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The key risks to Proficient Auto Logistics include:
- Risk of failing to successfully integrate the five Founding Companies: Proficient Auto Logistics has not operated as a combined company prior to its offering and is dependent upon this offering to complete the combinations. The company's pro forma combined financial results, which cover periods when the founding companies were not under common control or management, may not be indicative of its future financial or operating results.
- Sensitivity to the health and production volumes of the automotive industry: The company's primary business is transporting finished vehicles, making it highly dependent on the automotive manufacturing sector. The background highlights how past "supply chain disruptions and component shortages" led to significant drops in domestic auto sales, from 17.2 million units annually prior to 2020 to 13.8 million units in 2022. While industry production volumes are expected to rebound, any future downturns, disruptions, or reduced new vehicle sales would directly and negatively impact Proficient Auto Logistics' demand for services.
- Dependence on maintaining non-union status and the continuation of market share shifts: Proficient Auto Logistics operates as a non-union specialized freight company and attributes its historical revenue growth partly to "market share shifting from union to non-union auto transportation and logistics companies." A reversal of this trend, increased unionization efforts within the industry, or a change in the competitive landscape regarding labor relations could adversely affect its operations and market position.
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Proficient Auto Logistics (PAL) operates within the North American finished vehicle logistics market.
The addressable market size for Proficient Auto Logistics's main services, primarily the transportation and logistics of finished vehicles, is estimated to be approximately USD 64.5 billion in 2024 for North America. This market is projected to grow to approximately USD 66.5 billion in 2025 and further to USD 99.5 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 4.6% from 2025 to 2034.
Specifically within North America, the U.S. market constituted over 75% of the finished vehicle logistics market, generating an estimated revenue of USD 48.7 billion in 2024.
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Here are 3-5 expected drivers of future revenue growth for Proficient Auto Logistics (PAL) over the next 2-3 years:
- Market Share Gains from Union to Non-Union Carriers: Proficient Auto Logistics, as a non-union specialized freight company, is positioned to benefit from the ongoing industry trend of market share shifting from union to non-union auto transportation and logistics providers.
- Continued Price Increases: The company's ability to provide industry-leading service levels to OEMs, combined with existing trucking and rail capacity shortages, is expected to enable continued price increases for its auto transportation and logistics services.
- Rebounding Automotive Production Volumes: Industry production volumes are anticipated to rebound over the next three to five years, serving as a significant tailwind for the auto transportation and logistics sector and, consequently, for Proficient Auto Logistics.
- Strategic Organic Expansion and Acquisitions: Proficient Auto Logistics plans to leverage its executive management team and the fragmented nature of the auto transportation and logistics market to pursue both organic expansion and effective tuck-in acquisitions.
- Partnerships with OEMs based on Nationwide Coverage: The company's broad geographic coverage, with 49 strategically located facilities across the United States, positions it to continue securing and expanding partnerships with leading auto OEMs looking for providers with nationwide reach to service their growing dealership networks.
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Share Repurchases
- Proficient Auto Logistics announced a board-approved share repurchase program of up to $15 million of its common stock, effective March 2, 2026.
- The program is authorized without a set completion timeline and may be modified, suspended, or discontinued at any time.
- The company plans to fund these repurchases using cash on hand, borrowings from its revolving credit facility, and/or future cash flows.
Share Issuance
- Proficient Auto Logistics priced its initial public offering (IPO) on May 8, 2024, issuing 14,333,333 shares of its common stock.
- The shares were priced at $15.00 per share, resulting in total gross proceeds of approximately $215.0 million.
- The net proceeds from the IPO were primarily used to cover the cash portion of the acquisition consideration for the five Founding Companies, related expenses, and for general corporate purposes, including working capital and future acquisitions.
Inbound Investments
- The company's primary inbound investment was its initial public offering in May 2024, which generated approximately $215.0 million in gross proceeds from public investors.
Outbound Investments
- Proficient Auto Logistics acquired Auto Transport Group (ATG) in August 2024 for $28.9 million, adding 76 tractors and an equivalent number of trailers to its operations.
- In April 2025, the company acquired Brothers Auto Transport LLC, a Pennsylvania-based carrier, which expanded PAL's fleet capacity by 13%. The acquisition price was not disclosed.
Capital Expenditures
- Proficient Auto Logistics projected capital expenditures of $10-15 million for the year 2026.
- The total equipment capital expenditure for 2025 was approximately $10.2 million.
- The company incurred approximately $10 million in equipment capital expenditures during the fourth quarter of 2024.
Peer Outperformance in Air Freight & Logistics
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Construction & Engineering | 31 | 25.2% | 124.1% | 212.2% | CDNL 3246% · STRL 2222% · FIX 2131% |
| Marine Transportation | 4 | 57.9% | 63.7% | 157.4% | MATX 216% · KEX 161% · SFL 154% |
| Construction Machinery & Heavy Transportation Equipment | 13 | 12.3% | 66.1% | 122.9% | CAT 331% · ALSN 288% · WAB 250% |
| Aerospace & Defense | 55 | 11.1% | 64.4% | 80.5% | DFNS 2451% · ATI 1049% · FTAI 981% |
| Passenger Ground Transportation | 3 | -5.7% | 63.0% | 69.8% | UBER 92% · CAR 70% · LYFT -63% |
| Industrial Machinery & Supplies & Components | 71 | 11.5% | 54.1% | 52.8% | CRS 1464% · PSIX 846% · GHM 746% |
| Rail Transportation | 7 | 38.3% | 73.7% | 47.8% | FSTR 119% · CSX 63% · UNP 54% |
| Cargo Ground Transportation | 16 | 35.7% | 14.2% | 45.8% | XPO 275% · R 270% · CVLG 222% |
| Trading Companies & Distributors | 18 | 2.2% | 36.1% | 42.3% | DXPE 524% · AIT 305% · URI 238% |
| Diversified Support Services | 34 | 8.9% | 35.0% | 36.3% | LIME 4674% · TH 422% · WLFC 348% |
| Electrical Components & Equipment | 40 | 26.1% | 45.5% | 34.9% | POWL 2415% · BE 869% · VRT 864% |
| Building Products | 33 | -8.8% | 13.6% | 29.1% | LMB 434% · GFF 422% · PPIH 292% |
| Industrial Conglomerates | 17 | 15.8% | 24.1% | 7.1% | RCMT 755% · CSW 151% · TTI 149% |
| Environmental & Facilities Services | 28 | -8.3% | 17.9% | 4.7% | CECO 888% · ADUR 661% · GEO 327% |
| Office Services & Supplies | 10 | 14.0% | 24.2% | 4.0% | TILE 192% · PBI 166% · EBF 55% |
| Research & Consulting Services | 13 | -7.2% | -18.7% | -4.2% | HURN 227% · CRAI 95% · GRNQ 18% |
| Agricultural & Farm Machinery | 17 | -1.2% | -6.2% | -15.7% | BLBD 202% · DE 91% · GENC 67% |
| Data Processing & Outsourced Services | 6 | -30.4% | -9.6% | -25.0% | EXLS 56% · BR 15% · G -23% |
| Passenger Airlines | 11 | 5.9% | -5.9% | -26.7% | LTM 2282% · UAL 149% · SKYW 144% |
| Human Resource & Employment Services | 20 | 4.5% | -19.0% | -35.2% | BBSI 88% · ADP 48% · KFY 35% |
| Air Freight & Logistics ← | 12 | -16.2% | -24.2% | -37.3% | CHRW 78% · FDX 68% · EXPD 61% |
| Security & Alarm Services | 10 | -36.2% | -18.0% | -43.5% | CIX 112% · MG 91% · BCO 52% |
| Airport Services | 3 | -69.1% | -72.2% | -59.7% | JOBY -27% · ASLE -60% · UP -100% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 127.53 |
| Mkt Cap | 4.9 |
| Rev LTM | 6,638 |
| Op Inc LTM | 533 |
| FCF LTM | 352 |
| FCF 3Y Avg | 10 |
| CFO LTM | 1,236 |
| CFO 3Y Avg | 1,217 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 4.0% |
| Rev Chg 3Y Avg | 1.5% |
| Rev Chg Q | -0.0% |
| QoQ Delta Rev Chg LTM | -0.1% |
| Op Inc Chg LTM | -53.3% |
| Op Inc Chg 3Y Avg | -4.0% |
| Op Mgn LTM | 2.4% |
| Op Mgn 3Y Avg | 3.6% |
| QoQ Delta Op Mgn LTM | -0.5% |
| CFO/Rev LTM | 12.0% |
| CFO/Rev 3Y Avg | 11.6% |
| FCF/Rev LTM | 4.7% |
| FCF/Rev 3Y Avg | 1.5% |
Price Behavior
| Market Price | $5.33 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 05/09/2024 | |
| Distance from 52W High | -49.4% | |
| 50 Days | 200 Days | |
| DMA Price | $6.86 | $7.55 |
| DMA Trend | indeterminate | up |
| Distance from DMA | -22.3% | -29.4% |
| 3M | 1YR | |
| Volatility | 86.7% | 77.3% |
| Downside Capture | 313.22 | 317.87 |
| Upside Capture | 301.75 | 201.88 |
| Correlation (SPY) | 25.2% | 32.0% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.26 | 1.18 | 1.06 | 1.71 | 1.96 | -0.10 |
| Up Beta | 0.07 | -2.09 | -1.82 | 0.35 | 0.36 | -0.38 |
| Down Beta | 2.25 | 1.41 | 1.34 | 1.43 | 1.87 | 1.40 |
| Up Capture | 315% | 339% | 151% | 202% | 427% | 120% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 12 | 22 | 31 | 62 | 122 | 267 |
| Down Capture | 273% | 127% | 191% | 211% | 172% | 109% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 10 | 21 | 31 | 61 | 123 | 279 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PAL | |
|---|---|---|---|---|
| PAL | -30.3% | 77.3% | -0.12 | - |
| Sector ETF (XLI) | 20.5% | 17.1% | 0.92 | 33.4% |
| Equity (SPY) | 21.1% | 12.9% | 1.22 | 32.0% |
| Gold (GLD) | 37.5% | 28.8% | 1.10 | 10.0% |
| Commodities (DBC) | 43.2% | 20.2% | 1.66 | -10.8% |
| Real Estate (VNQ) | 12.9% | 13.8% | 0.64 | 17.4% |
| Bitcoin (BTCUSD) | -31.6% | 44.1% | -0.73 | 13.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PAL | |
|---|---|---|---|---|
| PAL | -19.3% | 75.5% | -0.30 | - |
| Sector ETF (XLI) | 13.1% | 17.6% | 0.57 | 38.1% |
| Equity (SPY) | 12.9% | 17.2% | 0.57 | 35.0% |
| Gold (GLD) | 20.6% | 18.6% | 0.90 | 4.8% |
| Commodities (DBC) | 10.4% | 19.6% | 0.41 | -0.2% |
| Real Estate (VNQ) | 2.3% | 18.9% | 0.02 | 25.8% |
| Bitcoin (BTCUSD) | 10.4% | 52.8% | 0.38 | 11.3% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PAL | |
|---|---|---|---|---|
| PAL | -10.2% | 75.5% | -0.30 | - |
| Sector ETF (XLI) | 13.8% | 20.0% | 0.60 | 38.1% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 35.0% |
| Gold (GLD) | 12.7% | 16.2% | 0.64 | 4.8% |
| Commodities (DBC) | 8.0% | 18.0% | 0.36 | -0.2% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.20 | 25.8% |
| Bitcoin (BTCUSD) | 63.1% | 66.1% | 1.03 | 11.3% |
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Earnings Returns History
Updated 8/19/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/10/2026 | -29.6% | -18.6% | |
| 5/7/2026 | -18.9% | -28.1% | -2.5% |
| 2/9/2026 | -25.6% | -29.8% | -39.4% |
| 11/12/2025 | 29.9% | 10.2% | 51.2% |
| 8/11/2025 | 24.0% | 30.2% | 24.8% |
| 5/8/2025 | -7.1% | 4.8% | -2.3% |
| 2/11/2025 | 1.9% | 1.5% | -9.3% |
| 11/8/2024 | 8.5% | -0.8% | 4.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 5 | 5 | 4 |
| # Negative | 5 | 5 | 5 |
| Median Positive | 8.5% | 8.3% | 22.0% |
| Median Negative | -18.9% | -18.6% | -7.4% |
| Max Positive | 29.9% | 30.2% | 51.2% |
| Max Negative | -29.6% | -29.8% | -39.4% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/10/2026 | -29.6% | -18.6% | |
| 5/7/2026 | -18.9% | -28.1% | -2.5% |
| 2/9/2026 | -25.6% | -29.8% | -39.4% |
| 11/12/2025 | 29.9% | 10.2% | 51.2% |
| 8/11/2025 | 24.0% | 30.2% | 24.8% |
| 5/8/2025 | -7.1% | 4.8% | -2.3% |
| 2/11/2025 | 1.9% | 1.5% | -9.3% |
| 11/8/2024 | 8.5% | -0.8% | 4.7% |
| 8/9/2024 | -1.9% | -0.4% | -7.4% |
| 6/18/2024 | 1.3% | 8.3% | 19.3% |
| SUMMARY STATS | |||
| # Positive | 5 | 5 | 4 |
| # Negative | 5 | 5 | 5 |
| Median Positive | 8.5% | 8.3% | 22.0% |
| Median Negative | -18.9% | -18.6% | -7.4% |
| Max Positive | 29.9% | 30.2% | 51.2% |
| Max Negative | -29.6% | -29.8% | -39.4% |
Insider Activity
Updated 8/21/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Rice, Amy F | President and COO | Direct | Sell | 8212026 | 5.61 | 5,808 | 32,583 | 191,481 | Form |
| 2 | Lal, Rohit | Direct | Buy | 8142026 | 5.53 | 10,000 | 55,300 | 397,624 | Form | |
| 3 | Lal, Rohit | Direct | Buy | 8142026 | 5.43 | 40,000 | 217,200 | 336,133 | Form | |
| 4 | Wright, Bradley J | Chief Financial Officer | Direct | Buy | 8142026 | 5.55 | 4,000 | 22,200 | 389,610 | Form |
| 5 | Rice, Amy F | President and COO | Direct | Buy | 8142026 | 5.55 | 995 | 5,522 | 102,037 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Rice, Amy F | President and COO | Direct | Sell | 8212026 | 5.61 | 5,808 | 32,583 | 191,481 | Form |
| 2 | Lal, Rohit | Direct | Buy | 8142026 | 5.53 | 10,000 | 55,300 | 397,624 | Form | |
| 3 | Lal, Rohit | Direct | Buy | 8142026 | 5.43 | 40,000 | 217,200 | 336,133 | Form | |
| 4 | Wright, Bradley J | Chief Financial Officer | Direct | Buy | 8142026 | 5.55 | 4,000 | 22,200 | 389,610 | Form |
| 5 | Rice, Amy F | President and COO | Direct | Buy | 8142026 | 5.55 | 995 | 5,522 | 102,037 | Form |
| 6 | Odell, Richard D | Chief Executive Officer | Direct | Sell | 5182026 | 5.03 | 27,191 | 136,771 | 4,712,647 | Form |
| 7 | Odell, Richard D | Chief Executive Officer | Direct | Sell | 5182026 | 5.08 | 33,743 | 171,414 | 4,897,623 | Form |
| 8 | Wright, Bradley J | Chief Financial Officer | Direct | Buy | 5152026 | 5.15 | 3,132 | 16,130 | 340,003 | Form |
| 9 | Wright, Bradley J | Chief Financial Officer | See footnote | Buy | 5152026 | 5.15 | 668 | 3,440 | 10,310 | Form |
| 10 | Lal, Rohit | Direct | Buy | 3172026 | 6.38 | 10,000 | 63,800 | 127,600 | Form | |
| 11 | Skiadas, John | Direct | Sell | 11242025 | 7.27 | 18,270 | 132,892 | 13,475,420 | Form | |
| 12 | Skiadas, John | Direct | Sell | 11212025 | 7.34 | 41,100 | 301,473 | 13,722,997 | Form | |
| 13 | Skiadas, John | Direct | Sell | 11212025 | 7.37 | 6,620 | 48,819 | 14,099,801 | Form | |
| 14 | Skiadas, John | Direct | Sell | 11212025 | 7.23 | 9,010 | 65,170 | 13,877,332 | Form | |
| 15 | Rice, Amy F | President and COO | Direct | Sell | 8182025 | 7.82 | 6,100 | 47,712 | 136,018 | Form |
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Air Freight & Logistics Resources |
| Air Cargo World |
| Logistics Management |
| Journal of Commerce (JOC) |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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