Trucking (No Local) · SIC 4213

PAMT CORP

PAMT

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Latest revenue

$141.9M

as of 2026-03-31

Latest net income

$-8.0K

as of 2026-03-31

Net margin

-0.0%

as of 2026-03-31

Price · 5Y

-3.8% / yr 17.5 pts / yr vs S&P 500 17.4% total
Compare:

Live market

delayed ≤15 min
$11.98
2.04%
Market cap
$250.9M
Enterprise value
$250.9M
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$14.72
52-wk low
$7.15
Beta
Shares out
20.9M

5-year trend

What this company does

AI

PAMT Corp is a holding company whose subsidiaries haul truckload dry-van freight—mainly auto parts, retail goods, and manufactured products—across the U.S., Mexico, and Canada. It earns roughly 68% of revenue from asset-based truckload services using company trucks and contractors, with the remaining 32% from brokerage and logistics arrangements using third-party capacity. Customer concentration is intensifying, with the top five customers now generating 43% of revenue (up from 34% in 2023) and General Motors alone accounting for 14%, leaving the company heavily exposed to automotive demand.

Generated from PAMT's filing dated 2026-03-12

Key risks

AI
  • Customer concentration intensifying: top five customers grew to 43% of 2025 revenue (from 34% in 2023); GM alone is ~14%.
  • Cross-border exposure: ~44% of revenue originates from or is destined to Mexico/Canada, leaving results sensitive to tariffs, USMCA shifts and FX.
  • Cyclical freight downturn pressures: oversupplied used equipment market, rising insurance premiums and weak truckload pricing squeeze operating ratio.

Generated from PAMT's filing dated 2026-03-12

Profitability

Operating margin

-10.7%

108.2%

Net margin

-8.8%

97.7%

Return on equity

-19.0%

87.3%

Return on assets

-7.5%

75.8%

Leverage

Debt / equity

1.51×

11.4%

Long-term debt / equity

0.97×

20.3%

Debt / assets

60.2%

4.5%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$141.9M-8.7%$-8.0K+99.9%-0.0%

Q4 2025

2025-12-31

$141.3M-15.1%$-29.3M-0.1%-20.7%

Q3 2025

2025-09-30

$150.3M-17.7%$-5.6M-2474.7%-3.7%

Q2 2025

2025-06-30

$151.1M-17.4%$-9.6M-266.2%-6.4%

Q1 2025

2025-03-31

$155.3M-14.9%$-8.1M-2997.5%-5.2%

Q4 2024

2024-12-31

$166.5M$-29.2M-17.6%

Q3 2024

2024-09-30

$182.6M-9.4%$-217.0K-103.6%-0.1%

Q2 2024

2024-06-30

$182.9M-11.8%$-2.6M-128.2%-1.4%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Trucking (No Local) · SIC 4213

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Insider activity

Insider buying

$21.5M

Insider selling

$21.5M

Net activity

+$0

Distinct insiders

1

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2025-09-11

MOROUN MATTHEW T

Director

Sale2,000,000$10.74$21.5M
2025-09-11

MOROUN MATTHEW T

Director

Purchase2,000,000$10.74$21.5M

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns PAMT

Institutional value

$21.0M

Total shares held

2.5M

Distinct holders

35

-16 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1DIMENSIONAL FUND ADVISORS LP1.3M$11.3M-9.5K (-0.7%)Trimmed
2BlackRock, Inc.422.9K$3.6M-6.7K (-1.6%)Trimmed
3VANGUARD CAPITAL MANAGEMENT LLC227.9K$1.9MNew
4Pacific Ridge Capital Partners, LLC194.6K$1.6M+759 (+0.4%)Added
5Horrell Capital Management, Inc.89.5K$756.8K-8.0K (-8.2%)Trimmed
6Pinnacle Holdings, LLC56.2K$475.1K-1.4K (-2.4%)Trimmed
7VANGUARD FIDUCIARY TRUST CO32.3K$273.3KNew
8VANGUARD PORTFOLIO MANAGEMENT LLC27.6K$233.2KNew
9EJF Capital LLC25.0K$211.3K+0 (+0.0%)No change
10JANE STREET GROUP, LLC15.8K$133.9K+3.7K (+30.5%)Added
11Nuveen, LLC14.5K$122.2K+88 (+0.6%)Added
12Bank of New York Mellon Corp11.9K$100.7K-3.4K (-21.9%)Trimmed
13RHUMBLINE ADVISERS6.8K$57.3K-1.8K (-20.8%)Trimmed
14STRS OHIO4.2K$35.7K+0 (+0.0%)No change
15JPMORGAN CHASE & CO2.4K$20.0K-833 (-26.0%)Trimmed
16Vanguard Global Advisers, LLC2.3K$19.3KNew
17WELLS FARGO & COMPANY/MN1.8K$15.1K-3.5K (-66.3%)Trimmed
18Russell Investments Group, Ltd.1.7K$14.2K-3.0K (-64.2%)Trimmed
19UBS Group AG1.6K$13.4K-2.8K (-64.0%)Trimmed
20Quent Capital, LLC1.5K$12.9K+0 (+0.0%)No change

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

AI
  1. 1

    With 44% of revenue tied to Mexico/Canada freight, what's the quantified EBIT exposure to potential USMCA renegotiation or new tariffs on automotive parts?

  2. 2

    Truckload mix rose to 68.3% from 65.3% in 2023—are you deliberately shrinking brokerage, and what's the margin differential justifying that shift?

  3. 3

    Given the 'oversupplied used equipment market' you cite, what impairment or gain-on-sale headwind is embedded in 2026 guidance versus 2024?

Refreshed when PAMT files a new report · last from 2026-03-12