---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-003378"
form_type: "8-K"
ticker: "PAMT"
cik: "0000798287"
company_name: "PAMT CORP"
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T14:56:02.608017+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PAM Transportation posts record annual revenue $946.9M, net income $90.7M; Q4 EPS $0.81 vs $1.24

## Summary
- Q4 2022 net income $18.0M ($0.81 diluted EPS) vs $27.9M ($1.24) in Q4 2021; revenues up 11.1% to $237.6M.
- Full year 2022 net income $90.7M ($4.04 diluted EPS) vs $76.5M ($3.35) in 2021; revenues up 33.9% to $946.9M.
- Q4 includes $6M charge for claim exceeding insurance limits; adjusted net income $24.0M ($1.08 adjusted EPS).
- Fleet grew ~28% including 17% from Metropolitan Trucking acquisition; avg truck age 2.1 yrs, trailer age 6.6 yrs.
- Repurchased 34,113 shares for $1.1M in Q4; 331,000 shares remain under program; liquidity $175.5M.

## SEC filing metadata
- accession: 0001437749-23-003378
- form_type: 8-K
- ticker: PAMT
- cik: 0000798287
- company_name: PAMT CORP
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798287/000143774923003378/0001437749-23-003378-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798287/000143774923003378/ptsi20230214_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-003378
- JSON: https://secwatch.observer/filing/0001437749-23-003378.json
- Plain text: https://secwatch.observer/filing/0001437749-23-003378.txt

## Key facts
- Earnings Releases
  PAMT CORP reported the quarter ended December 31, 2022 results: revenue $237.6 million, net income $18.0 million, EPS diluted and basic earnings per share of $0.81.
  - Period: the quarter ended December 31, 2022
  - Revenue: $237.6 million
  - Net income: $18.0 million
  - EPS: diluted and basic earnings per share of $0.81
  - Result: reported results
  source text: the quarter ended December 31, 2022 was $24.0 million, or adjusted (non-GAAP) diluted and basic earnings per share of $1.08. Consolidated operating revenues increased 11.1% to $237.6 million for the fourth quarter of 2022 compared to $213.9 million for the fourth quarter of 2021. For the year ended December 31, 2022, consolidated operating revenues increased 33.9% to
  evidence_url: https://www.sec.gov/Archives/edgar/data/798287/000143774923003378/0001437749-23-003378-index.htm
- Earnings Releases
  PAMT CORP reported the year ended December 31, 2022 results: revenue $946.9 million, net income $90.7 million, EPS diluted earnings per share of $4.04 ($4.08 basic).
  - Period: the year ended December 31, 2022
  - Revenue: $946.9 million
  - Net income: $90.7 million
  - EPS: diluted earnings per share of $4.04 ($4.08 basic)
  - Result: reported results
  source text: the fourth quarter of 2022 compared to $213.9 million for the fourth quarter of 2021. For the year ended December 31, 2022, consolidated operating revenues increased 33.9% to $946.9 million compared to $707.1 million for the year ended December 31, 2021. Joe Vitiritto, President of the Company, commented, “I am proud of our team’s results and how we navigated 2022’s
  evidence_url: https://www.sec.gov/Archives/edgar/data/798287/000143774923003378/0001437749-23-003378-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.