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PAL

Proficient Auto Logistics, Inc. Common Stock

PAL

Proficient Auto Logistics, Inc. Common Stock • NASDAQ
$8.16 ▲ 0.12% (+0.01)
Market Cap $223.75 M
52w High $11.37
52w Low $5.76
Dividend Yield 0%
P/E -102
Volume 68.65K
Outstanding Shares 27.42M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $114.295M ▼ $114.396M ▲ $-3.02M ▼ -2.642% ▼ $-0.11 ▼ $8.19M ▼
Q2-2025 $115.547M ▲ $10.697M ▲ $-1.557M ▲ -1.347% ▲ $-0.06 ▲ $10.057M ▲
Q1-2025 $95.206M ▲ $10.252M ▼ $-3.192M ▲ -3.352% ▲ $-0.12 $6.581M ▲
Q4-2024 $93.44M ▲ $19.289M ▲ $-3.248M ▼ -3.476% ▼ $-0.12 ▼ $5.295M ▼
Q3-2024 $91.506M $10.89M $-1.365M -1.492% $-0.05 $8.497M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $14.535M ▲ $510.272M ▼ $171.883M ▼ $338.389M ▼
Q2-2025 $13.646M ▲ $520.458M ▲ $180.93M ▲ $339.528M ▲
Q1-2025 $10.911M ▼ $505.271M ▼ $169.3M ▼ $335.971M ▼
Q4-2024 $15.399M ▼ $508.087M ▲ $170.107M ▲ $337.98M ▼
Q3-2024 $16.848M $498.235M $159.76M $338.475M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-3.02M ▼ $0 ▼ $0 ▲ $0 ▲ $888.954K ▼ $0 ▼
Q2-2025 $-1.557M ▲ $11.585M ▲ $-8.717M ▼ $-132.815K ▲ $2.735M ▲ $11.266M ▲
Q1-2025 $-3.192M ▲ $1.633M ▼ $-2.39M ▲ $-3.731M ▼ $-4.488M ▼ $-1.009M ▼
Q4-2024 $-3.248M ▼ $2.951M ▼ $-3.203M ▲ $-1.197M ▼ $-1.45M ▲ $2.582M ▼
Q3-2024 $-1.365M $3.404M $-24.082M $1.234M $-19.445M $3.719M

Five-Year Company Overview

Income Statement

Income Statement PAL’s revenue base has been growing, and the company is now operating at a meaningful scale, but profitability is still fragile. Gross profit has improved as the business has grown, showing that the core operations can be profitable. However, operating income and net income hover around breakeven, with the most recent year slipping into a small loss. Earnings per share have been volatile, likely reflecting ownership and capital structure changes around its public listing and consolidation. Overall, this looks like a business that is still stabilizing margins and hasn’t yet proven consistent, durable profitability over a full cycle.

Balance Sheet

Balance Sheet The balance sheet shows a company that has built up a solid asset base and a reasonable equity cushion relative to its debt. Debt is present but not dominant, suggesting some financial leverage without being overly aggressive. Cash on hand is modest, which means PAL likely relies on ongoing cash generation and credit access to fund operations and growth. The overall picture is of a capital-intensive logistics business with a decent capital structure, but not a lot of excess financial slack if conditions weaken.

Cash Flow

Cash Flow Cash generation from operations is slightly positive, and free cash flow is close to breakeven. The company is spending on capital assets, as you’d expect for a trucking and logistics fleet, but is keeping that spending fairly controlled. This pattern suggests PAL can more or less fund itself from its own operations, but with limited room for error. Sustained improvement in operating cash flow will be important if the company wants to invest more aggressively without taking on significantly more debt.

Competitive Edge

Competitive Edge PAL operates in a niche part of freight: finished vehicle hauling. Through acquisitions it has quickly become one of the largest players in the U.S., with a broad national network, a sizable owned fleet, and relationships with most major automakers. The industry has high barriers to entry because of specialized equipment and regulatory demands, which helps protect established players. PAL’s non‑union workforce gives it more flexibility on costs and scheduling than some rivals, but also may expose it to different labor and retention risks. Its size, network, and diversified customer base (from traditional automakers to EV makers and dealers) give it a strong position, but it still must execute well on service reliability and cost control to fully benefit from that scale.

Innovation and R&D

Innovation and R&D While not a pure tech company, PAL leans on technology to strengthen its operations. It uses advanced logistics software, GPS tracking, electronic proof‑of‑delivery systems, and a cloud‑based analytics platform to monitor routes, driver performance, and fleet health. Management has signaled interest in AI and machine learning to improve forecasting and route optimization over time. The company’s ProFleet program, which targets urgent and time‑sensitive transport, is an example of service innovation tailored to automakers’ needs. The key question is how quickly and consistently PAL can standardize and deepen these tools across all the businesses it has acquired to turn technology into a true, durable edge.

Summary

PAL is an emerging, scaled player in auto logistics that has grown through consolidation and now holds a strong position in a specialized, high‑barrier industry. Financially, revenue is moving in the right direction but profitability and cash flow are still thin and somewhat inconsistent, reflecting both the capital‑intensive nature of the business and the early stage of its combined operations. The balance sheet appears reasonably constructed, with more equity than debt, but limited excess cash. Competitively, PAL benefits from its large fleet, national footprint, non‑union workforce, and deep ties to automakers, including EV manufacturers. Its use of data and logistics technology, plus a focus on tailored services like ProFleet, offer room for operational improvement and differentiation. Going forward, the main things to watch are: consistent margin improvement, stronger and more reliable cash generation, successful integration of acquisitions and technology across the platform, and how well the company navigates the cyclical swings of the auto industry.

NEWS

November 11, 2025 · 4:05 PM UTC

Proficient Auto Logistics Reports Third Quarter 2025 Financial Results

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October 2, 2025 · 4:45 PM UTC

Proficient Auto Logistics Sets Date to Report Third Quarter 2025 Financial Results

Read more