U.S. Xpress Enterprises, Inc. (USX) 2018年年度报告「NYSE」.pdf

1、GAINING MOMENTUM2018 Annual ReportWith record profitability,a modern and technologically advanced fleet,a strong balance sheet,and innovative career paths for our drivers and non-driving associates alike,we are Driving Results and our business is Gaining Momentum.Today,U.S.Xpress is the fifth larges

2、t asset-based truckload carrier in a market of over 500,000 carriers operating in 48 states with our focus on the eastern half of the country,an attractive market with solid population growth and a robust infrastructure supporting continued growth.At year end,our fleet consisted of approximately 6,9

3、00 tractors and 16,000 trailers providing the necessary scale to service the needs of our national customers.U.S.XPRESS ENTERPRISES,INC./2018 ANNUAL REPORT /1$0.83$1.59330BPS$50M260BPS$140MDuring 2018 we delivered operating revenue of$1.8 billion,an increase of 16%over 2017Net income attributable to

4、 controlling interest of$24.9 million,or$0.83 per diluted shareAdjusted operating ratio*of 94.1%,a 330 bps improvement*Adjusted operating ratio,adjusted net income,and adjusted earnings per share are non-GAAP financial measures.Please see the reconciliation of adjusted operating ratio on page 37 and

5、 the reconciliation of adjusted net income and adjusted earnings per share on page 84 of this annual report.Operating income of$78.9 million,compared to$28.6 million in 2017Adjusted net income attributable to controlling interest*of$48.1 million or$1.59 per diluted shareOperating ratio of 95.6%,a 26

6、0 bps improvement$139.9 million of liquidity at year end,$416.0 million of net debt,and$238.4 million of total stockholders equityDRIVING RESULTS16%2OUR COMPETITIVE STRENGTHSINDUSTRY LEADING TRUCKLOAD OPERATOR WITH SIGNIFICANT SCALEAs the fifth largest asset-based truckload carrier in the country,we