J.B. Hunt Transport Services (JBHT) Financials

$129.73 -3.25 (-2.44%)

Closing price 04:00 PM Eastern

Extended Trading

$131.42 +1.69 (+1.30%)

As of 06:00 PM Eastern

Annual Income Statements for J.B. Hunt Transport Services

This table shows J.B. Hunt Transport Services' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	427	432	686	490	516	506	761	969	728	571
Consolidated Net Income / (Loss)	427	432	686	490	516	506	761	969	728	571
Net Income / (Loss) Continuing Operations	427	432	686	490	516	506	761	969	728	571
Total Pre-Tax Income	690	696	595	641	681	666	1,000	1,281	935	760
Total Operating Income	716	721	624	681	734	713	1,046	1,332	993	831
Total Gross Profit	1,245	4,783	1,302	1,461	1,637	6,931	8,841	10,509	2,396	2,285
Total Revenue	6,188	6,555	7,190	8,615	9,165	9,637	12,168	14,814	12,830	12,087
Operating Revenue	6,188	6,555	7,190	8,615	9,165	9,637	12,168	14,814	12,830	12,087
Total Cost of Revenue	4,943	1,773	5,888	7,154	7,528	2,705	3,327	4,305	10,433	9,802
Operating Cost of Revenue	4,943	1,773	5,888	7,154	7,528	2,705	3,327	4,305	10,433	9,802
Total Operating Expenses	529	4,062	678	780	904	6,218	7,796	9,178	1,403	1,454
Selling, General & Admin Expense	73	87	126	163	192	180	196	215	275	306
Marketing Expense	74	78	124	129	157	134	165	318	316	314
Depreciation Expense	340	362	384	436	499	527	557	645	738	761
Other Operating Expenses / (Income)	43	3,535	45	51	55	5,376	6,878	8,000	75	73
Total Other Income / (Expense), net	-25	-25	-29	-40	-53	-47	-46	-50	-58	-72
Interest Expense	26	25	29	40	55	48	46	51	66	79
Interest & Investment Income	0.09	0.07	0.24	0.22	1.75	0.49	0.49	1.07	7.62	7.31
Income Tax Expense	263	264	-91	151	165	160	239	312	207	189
Basic Earnings per Share	$3.69	$3.84	$6.24	$4.48	$4.81	$4.79	$7.22	$9.31	$7.04	$5.60
Weighted Average Basic Shares Outstanding	115.68M	112.47M	109.99M	109.38M	107.33M	105.70M	105.36M	104.14M	103.44M	101.95M
Diluted Earnings per Share	$3.66	$3.81	$6.18	$4.43	$4.77	$4.74	$7.14	$9.21	$6.97	$5.56
Weighted Average Diluted Shares Outstanding	116.73M	113.36M	111.05M	110.43M	108.31M	106.77M	106.59M	105.28M	104.45M	102.75M
Weighted Average Basic & Diluted Shares Outstanding	115.80M	112.50M	110M	109.30M	106.26M	83.66M	104.85M	103.77M	103.30M	100.01M
Cash Dividends to Common per Share	$0.84	$0.88	$0.92	$0.96	$1.04	$1.08	$1.18	$1.60	$1.68	$1.72

This table shows J.B. Hunt Transport Services' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	269	201	198	190	187	154	127	136	152	155
Consolidated Net Income / (Loss)	269	201	198	190	187	154	127	136	152	155
Net Income / (Loss) Continuing Operations	269	201	198	190	187	154	127	136	152	155
Total Pre-Tax Income	349	271	263	256	229	187	179	186	203	192
Total Operating Income	362	282	277	271	242	203	194	206	224	207
Total Gross Profit	669	6,631	2,198	595	2,165	-2,562	1,963	556	2,089	-2,322
Total Revenue	3,838	3,650	3,230	3,133	3,164	3,304	2,944	2,929	3,068	3,146
Operating Revenue	3,838	3,650	3,230	3,133	3,164	3,304	2,944	2,929	3,068	3,146
Total Cost of Revenue	3,169	-2,981	1,031	2,538	999	5,865	981	2,373	979	5,469
Operating Cost of Revenue	3,169	-2,981	1,031	2,538	999	5,865	981	2,373	979	5,469
Total Operating Expenses	307	6,349	1,921	324	1,923	-2,765	1,768	350	1,865	-2,529
Selling, General & Admin Expense	63	55	60	61	69	83	77	75	72	82
Marketing Expense	60	125	70	64	63	119	76	73	78	86
Depreciation Expense	167	172	176	180	188	194	183	185	188	206
Other Operating Expenses / (Income)	17	5,997	1,614	19	1,603	-3,161	1,433	18	1,526	-2,904
Total Other Income / (Expense), net	-14	-11	-15	-15	-13	-16	-16	-20	-21	-15
Interest Expense	14	12	15	15	13	24	16	20	21	22
Income Tax Expense	79	69	65	67	42	33	51	50	51	36
Basic Earnings per Share	$2.60	$1.94	$1.91	$1.83	$1.81	$1.49	$1.23	$1.33	$1.50	$1.54
Weighted Average Basic Shares Outstanding	103.76M	104.14M	103.72M	103.56M	103.30M	103.44M	103.24M	102.39M	101.32M	101.95M
Diluted Earnings per Share	$2.57	$1.93	$1.89	$1.81	$1.80	$1.47	$1.22	$1.32	$1.49	$1.53
Weighted Average Diluted Shares Outstanding	104.92M	105.28M	104.73M	104.57M	104.39M	104.45M	104.11M	103.15M	102.14M	102.75M
Weighted Average Basic & Diluted Shares Outstanding	103.54M	103.77M	103.65M	103.34M	103.14M	103.30M	103.20M	101.99M	100.83M	100.01M

This table details how cash moves in and out of J.B. Hunt Transport Services' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-0.40	0.81	8.24	-7.01	27	278	42	-304	1.42	-6.36
Net Cash From Operating Activities	873	854	855	1,088	1,098	1,123	1,224	1,777	1,745	1,483
Net Cash From Continuing Operating Activities	873	854	855	1,088	1,098	1,123	1,224	1,777	1,745	1,483
Net Income / (Loss) Continuing Operations	427	432	686	490	516	506	761	969	728	571
Consolidated Net Income / (Loss)	427	432	686	490	516	506	761	969	728	571
Depreciation Expense	340	362	384	436	499	527	557	645	738	761
Non-Cash Adjustments To Reconcile Net Income	36	46	66	59	106	111	122	136	205	180
Changes in Operating Assets and Liabilities, net	71	14	-281	103	-23	-22	-216	27	74	-29
Net Cash From Investing Activities	-577	-485	-651	-887	-804	-613	-877	-1,550	-1,685	-664
Net Cash From Continuing Investing Activities	-577	-485	-651	-887	-804	-613	-877	-1,550	-1,685	-664
Purchase of Property, Plant & Equipment	-725	-638	-527	-996	-854	-739	-948	-1,541	-1,862	-865
Acquisitions	0.00	0.00	-137	0.00	-116	-12	0.00	-118	-85	3.79
Sale of Property, Plant & Equipment	169	153	16	110	166	138	71	109	262	191
Sale and/or Maturity of Investments	-	-	-	-	-	-	-	0.00	0.00	6.93
Net Cash From Financing Activities	-297	-368	-196	-208	-267	-232	-305	-530	-58	-826
Net Cash From Continuing Financing Activities	-297	-368	-196	-208	-267	-232	-305	-530	-58	-826
Repayment of Debt	-2,388	-1,724	-2,613	-3,138	-2,154	-220	0.00	-1,771	-1,911	-3,171
Repurchase of Common Equity	-262	-250	-180	-150	-276	-93	-152	-300	-160	-514
Payment of Dividends	-97	-99	-101	-105	-112	-114	-124	-167	-174	-176
Issuance of Debt	2,460	1,715	2,716	3,205	2,291	222	0.00	1,738	2,224	3,071
Other Financing Activities, net	-9.00	-10	-18	-20	-17	-27	-28	-31	-37	-36
Cash Interest Paid	27	25	29	40	47	48	47	50	66	81
Cash Income Taxes Paid	163	144	191	84	72	95	204	196	135	305

This table details how cash moves in and out of J.B. Hunt Transport Services' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-40	-32	0.68	243	-221	-22	11	-11	66	-73
Net Cash From Operating Activities	571	421	488	610	432	215	466	361	338	318
Net Cash From Continuing Operating Activities	571	421	488	610	432	215	466	361	338	318
Net Income / (Loss) Continuing Operations	269	201	198	190	187	154	127	136	152	155
Consolidated Net Income / (Loss)	269	201	198	190	187	154	127	136	152	155
Depreciation Expense	167	172	176	180	188	194	183	185	188	206
Non-Cash Adjustments To Reconcile Net Income	42	35	48	48	53	55	52	49	45	34
Changes in Operating Assets and Liabilities, net	92	13	66	192	3.90	-188	104	-8.98	-47	-77
Net Cash From Investing Activities	-451	-414	-380	-474	-551	-280	-162	-243	-72	-186
Net Cash From Continuing Investing Activities	-451	-414	-380	-474	-551	-280	-162	-243	-72	-186
Purchase of Property, Plant & Equipment	-420	-453	-461	-598	-500	-304	-203	-262	-175	-224
Sale of Property, Plant & Equipment	0.21	39	81	124	33	24	37	20	96	38
Sale and/or Maturity of Investments	-	-	-	-	-	-	-	-	-	0.16
Net Cash From Financing Activities	-159	-40	-107	108	-102	43	-293	-129	-200	-204
Net Cash From Continuing Financing Activities	-159	-40	-107	108	-102	43	-293	-129	-200	-204
Repayment of Debt	-1,085	-685	-966	-945	-	-	-618	-821	-862	-870
Repurchase of Common Equity	-61	-	-31	-53	-51	-25	-25	-203	-200	-86
Payment of Dividends	-42	-41	-44	-44	-43	-43	-44	-44	-44	-43
Issuance of Debt	1,035	703	945	1,148	-	130	408	938	910	815
Other Financing Activities, net	-7.05	-16	-12	1.02	-7.39	-19	-14	1.69	-3.97	-20
Cash Interest Paid	27	1.74	25	5.36	26	9.37	29	14	28	9.31
Cash Income Taxes Paid	45	40	7.46	49	59	20	5.35	172	66	63

This table presents J.B. Hunt Transport Services' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	3,630	3,951	4,465	5,092	5,471	5,928	6,794	7,787	8,588	8,312
Total Current Assets	858	1,067	1,339	1,503	1,481	1,842	2,313	2,212	1,961	1,771
Cash & Equivalents	5.57	6.38	15	7.60	35	313	356	52	53	47
Accounts Receivable	731	935	1,204	1,326	1,242	1,310	1,723	1,859	1,566	1,482
Inventories, net	23	19	21	22	21	24	25	41	42	42
Prepaid Expenses	98	108	99	147	183	195	210	260	300	200
Plant, Property, & Equipment, net	2,701	2,819	2,983	3,445	3,621	3,689	4,068	4,980	5,774	5,730
Plant, Property & Equipment, gross	4,019	4,259	4,670	612	5,641	5,909	6,680	7,999	8,768	9,149
Accumulated Depreciation	1,318	1,440	1,687	1,884	2,020	2,220	2,613	3,020	2,994	3,419
Total Noncurrent Assets	70	65	143	144	369	397	413	595	853	811
Goodwill	-	0.00	40	40	96	105	101	120	134	134
Intangible Assets	-	2.36	74	65	107	107	91	116	134	97
Other Noncurrent Operating Assets	70	62	30	38	166	185	222	359	585	581
Total Liabilities & Shareholders' Equity	3,630	3,951	4,465	5,092	5,471	5,928	6,794	7,787	8,588	8,312
Total Liabilities	2,329	2,537	2,626	2,990	3,204	3,328	3,677	4,120	4,484	4,298
Total Current Liabilities	532	695	922	1,352	1,036	1,085	1,730	1,568	1,453	1,678
Short-Term Debt	-	-	0.00	251	-	0.00	356	0.00	250	500
Accounts Payable	340	384	599	710	603	588	773	799	737	646
Accrued Expenses	133	27	29	36	85	90	103	129	150	153
Current Employee Benefit Liabilities	59	52	42	81	68	131	191	188	95	122
Other Current Liabilities	-	231	252	275	280	276	307	452	220	257
Total Noncurrent Liabilities	1,797	1,842	1,704	1,638	2,168	2,243	1,947	2,552	3,032	2,620
Long-Term Debt	998	986	1,086	898	1,296	1,305	945	1,262	1,326	978
Asset Retirement Reserve & Litigation Obligation	-	-	-	-	-	-	-	-	327	369
Noncurrent Deferred & Payable Income Tax Liabilities	740	791	542	-	699	692	745	921	986	896
Other Noncurrent Operating Liabilities	59	65	77	740	173	246	256	369	393	377
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,300	1,414	1,839	2,101	2,267	2,600	3,118	3,667	4,104	4,015
Total Preferred & Common Equity	1,300	1,414	1,839	2,101	2,267	2,600	3,118	3,667	4,104	4,015
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,300	1,414	1,839	2,101	2,267	2,600	3,118	3,667	4,104	4,015
Common Stock	270	295	312	342	376	410	450	502	551	586
Retained Earnings	2,886	3,219	3,804	4,188	4,593	4,985	5,621	6,424	6,978	7,373
Treasury Stock	-1,856	-2,100	-2,277	-2,429	-2,702	-2,795	-2,953	-3,259	-3,425	-3,945

This table presents J.B. Hunt Transport Services' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Total Assets	7,432	7,787	7,790	8,248	8,373	8,588	8,428	8,416	8,326	8,312
Total Current Assets	2,152	2,212	1,989	2,138	1,970	1,961	1,950	1,914	1,926	1,771
Cash & Equivalents	84	52	53	296	75	53	64	54	120	47
Accounts Receivable	1,726	1,859	1,383	1,286	1,370	1,566	1,272	1,252	1,263	1,482
Inventories, net	-	41	-	-	-	42	-	-	-	42
Prepaid Expenses	342	260	553	555	525	300	613	609	543	200
Plant, Property, & Equipment, net	4,708	4,980	5,198	5,484	5,718	5,774	5,795	5,833	5,751	5,730
Plant, Property & Equipment, gross	7,680	7,999	8,164	8,424	8,660	8,768	8,866	9,008	9,054	9,149
Accumulated Depreciation	2,972	3,020	2,966	2,940	2,942	2,994	3,071	3,174	3,303	3,419
Total Noncurrent Assets	571	595	604	626	685	853	683	669	648	811
Goodwill	241	120	232	227	276	134	262	257	251	134
Intangible Assets	-	116	-	-	-	134	-	-	-	97
Other Noncurrent Operating Assets	330	359	372	399	409	585	421	412	397	581
Total Liabilities & Shareholders' Equity	7,432	7,787	7,790	8,248	8,373	8,588	8,428	8,416	8,326	8,312
Total Liabilities	3,926	4,120	3,993	4,336	4,355	4,484	4,261	4,340	4,326	4,298
Total Current Liabilities	1,501	1,568	1,704	1,769	1,779	1,453	1,544	1,581	2,041	1,678
Short-Term Debt	0.00	0.00	250	250	250	250	0.00	0.00	500	500
Accounts Payable	839	799	750	767	809	737	732	725	673	646
Accrued Expenses	113	129	121	139	141	150	143	151	146	153
Current Employee Benefit Liabilities	209	188	97	120	98	95	94	111	108	122
Other Current Liabilities	340	452	486	492	481	220	576	594	613	257
Total Noncurrent Liabilities	2,426	2,552	2,289	2,567	2,576	3,032	2,717	2,758	2,284	2,620
Long-Term Debt	1,244	1,262	992	1,195	1,196	1,326	1,367	1,484	1,032	978
Asset Retirement Reserve & Litigation Obligation	-	-	-	-	-	327	-	-	-	369
Noncurrent Deferred & Payable Income Tax Liabilities	836	921	922	979	987	986	953	880	862	896
Other Noncurrent Operating Liabilities	346	369	376	393	394	393	398	394	390	377
Commitments & Contingencies	-	0.00	-	-	-	0.00	-	-	-	0.00
Total Equity & Noncontrolling Interests	3,505	3,667	3,797	3,912	4,018	4,104	4,166	4,076	4,000	4,015
Total Preferred & Common Equity	3,505	3,667	3,797	3,912	4,018	4,104	4,166	4,076	4,000	4,015
Preferred Stock	-	0.00	-	-	-	0.00	-	-	-	0.00
Total Common Equity	3,505	3,667	3,797	3,912	4,018	4,104	4,166	4,076	4,000	4,015
Common Stock	3,505	502	3,797	3,912	4,018	551	4,166	4,076	4,000	586
Retained Earnings	-	6,424	-	-	-	6,978	-	-	-	7,373
Treasury Stock	-	-3,259	-	-	-	-3,425	-	-	-	-3,945

This table displays calculated financial ratios and metrics derived from J.B. Hunt Transport Services' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.36%	5.94%	9.67%	19.82%	6.39%	5.14%	26.27%	21.74%	-13.40%	-5.79%
EBITDA Growth	13.96%	2.58%	-6.95%	10.88%	10.39%	0.61%	29.19%	23.30%	-12.39%	-8.02%
EBIT Growth	13.32%	0.74%	-13.49%	9.17%	7.75%	-2.82%	46.61%	27.36%	-25.41%	-16.31%
NOPAT Growth	13.16%	1.07%	60.62%	-27.65%	6.95%	-2.63%	46.84%	26.61%	-23.19%	-19.25%
Net Income Growth	13.99%	1.14%	58.82%	-28.66%	5.46%	-1.99%	50.35%	27.41%	-24.87%	-21.61%
EPS Growth	15.82%	4.10%	62.20%	-28.32%	7.67%	-0.63%	50.63%	28.99%	-24.32%	-20.23%
Operating Cash Flow Growth	35.02%	-2.19%	0.12%	27.21%	0.97%	2.23%	9.00%	45.18%	-1.82%	-14.99%
Free Cash Flow Firm Growth	1,204.12%	22.76%	-41.49%	-7.40%	44.63%	75.76%	-32.04%	-40.13%	-87.74%	3,285.69%
Invested Capital Growth	7.54%	4.41%	21.57%	11.43%	8.78%	1.83%	13.12%	20.01%	15.38%	-3.22%
Revenue Q/Q Growth	0.19%	1.55%	3.89%	3.95%	1.47%	3.07%	6.66%	1.04%	-2.63%	-1.29%
EBITDA Q/Q Growth	1.93%	0.45%	-3.64%	-1.00%	8.51%	0.71%	8.20%	-0.51%	-3.12%	0.94%
EBIT Q/Q Growth	1.42%	0.20%	-7.22%	-3.28%	12.64%	0.37%	12.34%	-2.96%	-7.34%	0.45%
NOPAT Q/Q Growth	1.28%	0.41%	64.58%	-37.11%	11.35%	1.48%	12.39%	-3.83%	-5.25%	0.13%
Net Income Q/Q Growth	1.53%	0.19%	63.98%	-37.73%	12.16%	1.88%	13.11%	-4.05%	-6.16%	0.34%
EPS Q/Q Growth	2.52%	0.79%	64.80%	-37.61%	13.03%	1.94%	13.33%	-3.66%	-6.19%	1.09%
Operating Cash Flow Q/Q Growth	1.86%	-0.72%	7.06%	8.33%	-11.98%	4.77%	3.57%	10.40%	-10.58%	7.43%
Free Cash Flow Firm Q/Q Growth	47.48%	-3.63%	-3.99%	-19.71%	17.78%	0.83%	-33.51%	158.59%	-74.30%	34.35%
Invested Capital Q/Q Growth	2.49%	3.04%	14.17%	3.19%	3.40%	3.46%	10.05%	4.54%	4.42%	0.60%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	20.11%	72.96%	18.10%	16.96%	17.87%	71.93%	72.66%	70.94%	18.68%	18.90%
EBITDA Margin	17.06%	16.51%	14.01%	12.96%	13.45%	12.87%	13.17%	13.34%	13.49%	13.17%
Operating Margin	11.57%	11.00%	8.68%	7.91%	8.01%	7.40%	8.59%	8.99%	7.74%	6.88%
EBIT Margin	11.57%	11.00%	8.68%	7.91%	8.01%	7.40%	8.59%	8.99%	7.74%	6.88%
Profit (Net Income) Margin	6.90%	6.59%	9.55%	5.68%	5.63%	5.25%	6.25%	6.54%	5.68%	4.72%
Tax Burden Percent	61.90%	62.10%	115.29%	76.40%	75.83%	75.98%	76.10%	75.65%	77.90%	75.16%
Interest Burden Percent	96.44%	96.50%	95.42%	94.10%	92.79%	93.40%	95.62%	96.23%	94.13%	91.37%
Effective Tax Rate	38.10%	37.90%	-15.29%	23.60%	24.17%	24.02%	23.90%	24.35%	22.10%	24.84%
Return on Invested Capital (ROIC)	20.02%	19.11%	27.12%	16.91%	16.44%	15.22%	20.79%	22.53%	14.73%	11.29%
ROIC Less NNEP Spread (ROIC-NNEP)	18.38%	17.52%	23.91%	14.13%	13.10%	12.04%	17.19%	19.01%	11.41%	7.64%
Return on Net Nonoperating Assets (RNNOA)	14.09%	12.73%	15.07%	7.94%	7.20%	5.57%	5.83%	6.04%	4.01%	2.78%
Return on Equity (ROE)	34.11%	31.84%	42.19%	24.85%	23.64%	20.79%	26.61%	28.58%	18.74%	14.06%
Cash Return on Invested Capital (CROIC)	12.76%	14.79%	7.65%	6.10%	8.02%	13.41%	8.47%	4.35%	0.45%	14.56%
Operating Return on Assets (OROA)	20.43%	19.02%	14.82%	14.25%	13.89%	12.51%	16.44%	18.26%	12.13%	9.84%
Return on Assets (ROA)	12.19%	11.40%	16.31%	10.25%	9.78%	8.88%	11.96%	13.30%	8.90%	6.76%
Return on Common Equity (ROCE)	34.11%	31.84%	42.19%	24.85%	23.64%	20.79%	26.61%	28.58%	18.74%	14.06%
Return on Equity Simple (ROE_SIMPLE)	32.86%	30.56%	37.31%	23.30%	22.78%	19.46%	24.40%	26.44%	17.75%	14.22%
Net Operating Profit after Tax (NOPAT)	443	448	719	520	556	542	796	1,007	774	625
NOPAT Margin	7.16%	6.83%	10.00%	6.04%	6.07%	5.62%	6.54%	6.80%	6.03%	5.17%
Net Nonoperating Expense Percent (NNEP)	1.64%	1.59%	3.21%	2.78%	3.34%	3.18%	3.59%	3.52%	3.32%	3.65%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	20.44%	13.62%	11.38%
Cost of Revenue to Revenue	79.89%	27.04%	81.90%	83.04%	82.13%	28.07%	27.34%	29.06%	81.32%	81.10%
SG&A Expenses to Revenue	1.17%	1.33%	1.75%	1.90%	2.09%	1.87%	1.61%	1.45%	2.14%	2.53%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	8.55%	61.96%	9.43%	9.05%	9.86%	64.53%	64.06%	61.95%	10.94%	12.03%
Earnings before Interest and Taxes (EBIT)	716	721	624	681	734	713	1,046	1,332	993	831
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,055	1,083	1,007	1,117	1,233	1,240	1,603	1,976	1,731	1,592
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	5.97	7.18	6.46	4.59	5.27	5.38	6.71	4.82	4.96	4.28
Price to Tangible Book Value (P/TBV)	5.97	7.20	6.89	4.83	5.78	5.86	7.15	5.15	5.31	4.54
Price to Revenue (P/Rev)	1.25	1.55	1.65	1.12	1.30	1.45	1.72	1.19	1.59	1.42
Price to Earnings (P/E)	18.16	23.51	17.32	19.71	23.13	27.63	27.51	18.24	27.95	30.06
Dividend Yield	1.54%	0.97%	0.85%	1.09%	0.93%	0.82%	0.59%	0.94%	0.85%	1.01%
Earnings Yield	5.51%	4.25%	5.77%	5.07%	4.32%	3.62%	3.63%	5.48%	3.58%	3.33%
Enterprise Value to Invested Capital (EV/IC)	3.82	4.65	4.45	3.33	3.74	4.17	5.38	3.87	3.89	3.41
Enterprise Value to Revenue (EV/Rev)	1.41	1.70	1.80	1.25	1.44	1.55	1.80	1.28	1.71	1.54
Enterprise Value to EBITDA (EV/EBITDA)	8.29	10.29	12.86	9.66	10.71	12.07	13.65	9.56	12.64	11.68
Enterprise Value to EBIT (EV/EBIT)	12.23	15.45	20.77	15.84	17.99	21.00	20.93	14.18	22.03	22.37
Enterprise Value to NOPAT (EV/NOPAT)	19.75	24.88	18.02	20.74	23.72	27.64	27.50	18.75	28.28	29.76
Enterprise Value to Operating Cash Flow (EV/OCF)	10.02	13.04	15.15	9.92	12.02	13.34	17.88	10.63	12.54	12.54
Enterprise Value to Free Cash Flow (EV/FCFF)	30.99	32.14	63.90	57.46	48.61	31.37	67.44	97.25	918.98	23.07
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.77	0.70	0.59	0.55	0.57	0.50	0.42	0.34	0.38	0.37
Long-Term Debt to Equity	0.77	0.70	0.59	0.43	0.57	0.50	0.30	0.34	0.32	0.24
Financial Leverage	0.77	0.73	0.63	0.56	0.55	0.46	0.34	0.32	0.35	0.36
Leverage Ratio	2.80	2.79	2.59	2.43	2.42	2.34	2.23	2.15	2.11	2.08
Compound Leverage Factor	2.70	2.69	2.47	2.28	2.24	2.19	2.13	2.07	1.98	1.90
Debt to Total Capital	43.42%	41.09%	37.12%	35.35%	36.37%	33.42%	29.45%	25.60%	27.75%	26.91%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	7.71%	0.00%	0.00%	8.06%	0.00%	4.40%	9.10%
Long-Term Debt to Total Capital	43.42%	41.09%	37.12%	27.64%	36.37%	33.42%	21.39%	25.60%	23.35%	17.80%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	56.58%	58.91%	62.88%	64.65%	63.63%	66.58%	70.55%	74.40%	72.25%	73.09%
Debt to EBITDA	0.95	0.91	1.08	1.03	1.05	1.05	0.81	0.64	0.91	0.93
Net Debt to EBITDA	0.94	0.91	1.06	1.02	1.02	0.80	0.59	0.61	0.88	0.90
Long-Term Debt to EBITDA	0.95	0.91	1.08	0.80	1.05	1.05	0.59	0.64	0.77	0.61
Debt to NOPAT	2.25	2.20	1.51	2.21	2.33	2.41	1.64	1.25	2.04	2.37
Net Debt to NOPAT	2.24	2.19	1.49	2.19	2.27	1.83	1.19	1.20	1.97	2.29
Long-Term Debt to NOPAT	2.25	2.20	1.51	1.73	2.33	2.41	1.19	1.25	1.71	1.56
Altman Z-Score	5.57	5.92	6.09	5.26	5.63	5.87	6.98	6.30	5.81	5.44
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.61	1.54	1.45	1.11	1.43	1.70	1.34	1.41	1.35	1.06
Quick Ratio	1.38	1.35	1.32	0.99	1.23	1.50	1.20	1.22	1.12	0.91
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	282	347	203	188	272	477	324	194	24	806
Operating Cash Flow to CapEx	156.95%	176.02%	167.51%	122.85%	159.60%	186.90%	139.55%	124.09%	109.02%	219.92%
Free Cash Flow to Firm to Interest Expense	11.04	13.70	7.04	4.64	4.97	10.03	7.01	3.79	0.36	10.20
Operating Cash Flow to Interest Expense	34.14	33.77	29.71	26.91	20.09	23.60	26.46	34.67	26.46	18.77
Operating Cash Flow Less CapEx to Interest Expense	12.39	14.58	11.97	5.01	7.50	10.97	7.50	6.73	2.19	10.23
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.77	1.73	1.71	1.80	1.74	1.69	1.91	2.03	1.57	1.43
Accounts Receivable Turnover	8.93	7.87	6.72	6.81	7.14	7.55	8.02	8.27	7.49	7.93
Inventory Turnover	194.11	84.88	299.91	335.37	349.45	120.47	136.26	131.18	252.05	233.81
Fixed Asset Turnover	2.39	2.38	2.48	2.68	2.59	2.64	3.14	3.27	2.39	2.10
Accounts Payable Turnover	14.84	4.89	11.98	10.94	11.47	4.55	4.89	5.48	13.58	14.17
Days Sales Outstanding (DSO)	40.85	46.39	54.30	53.61	51.14	48.34	45.50	44.13	48.72	46.02
Days Inventory Outstanding (DIO)	1.88	4.30	1.22	1.09	1.04	3.03	2.68	2.78	1.45	1.56
Days Payable Outstanding (DPO)	24.60	74.61	30.47	33.37	31.82	80.29	74.61	66.62	26.87	25.75
Cash Conversion Cycle (CCC)	18.14	-23.92	25.05	21.32	20.37	-28.92	-26.44	-19.71	23.30	21.83
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,293	2,394	2,910	3,243	3,528	3,592	4,063	4,877	5,626	5,445
Invested Capital Turnover	2.80	2.80	2.71	2.80	2.71	2.71	3.18	3.31	2.44	2.18
Increase / (Decrease) in Invested Capital	161	101	516	333	285	64	471	813	750	-181
Enterprise Value (EV)	8,751	11,140	12,959	10,790	13,201	14,976	21,878	18,888	21,878	18,594
Market Capitalization	7,758	10,160	11,888	9,648	11,940	13,983	20,932	17,678	20,356	17,163
Book Value per Share	$11.35	$12.60	$16.76	$19.25	$21.27	$24.60	$29.69	$35.41	$39.79	$39.81
Tangible Book Value per Share	$11.35	$12.58	$15.73	$18.28	$19.37	$22.60	$27.87	$33.13	$37.19	$37.52
Total Capital	2,298	2,400	2,925	3,250	3,563	3,906	4,419	4,929	5,680	5,492
Total Debt	998	986	1,086	1,149	1,296	1,305	1,301	1,262	1,576	1,478
Total Long-Term Debt	998	986	1,086	898	1,296	1,305	945	1,262	1,326	978
Net Debt	992	980	1,071	1,141	1,261	992	946	1,210	1,523	1,431
Capital Expenditures (CapEx)	556	485	511	885	688	601	877	1,432	1,600	674
Debt-free, Cash-free Net Working Capital (DFCFNWC)	320	366	402	394	411	444	584	592	705	546
Debt-free Net Working Capital (DFNWC)	326	373	417	401	446	757	940	644	759	593
Net Working Capital (NWC)	326	373	417	151	446	757	584	644	509	93
Net Nonoperating Expense (NNE)	16	16	33	31	40	36	35	38	45	54
Net Nonoperating Obligations (NNO)	992	980	1,071	1,142	1,261	992	946	1,210	1,523	1,431
Total Depreciation and Amortization (D&A)	340	362	384	436	499	527	557	645	738	761
Debt-free, Cash-free Net Working Capital to Revenue	5.17%	5.59%	5.60%	4.57%	4.48%	4.61%	4.80%	3.99%	5.50%	4.52%
Debt-free Net Working Capital to Revenue	5.26%	5.68%	5.80%	4.66%	4.86%	7.86%	7.72%	4.34%	5.91%	4.91%
Net Working Capital to Revenue	5.26%	5.68%	5.80%	1.75%	4.86%	7.86%	4.80%	4.34%	3.97%	0.77%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.69	$3.84	$6.24	$4.48	$4.81	$4.79	$7.22	$9.31	$7.04	$5.60
Adjusted Weighted Average Basic Shares Outstanding	115.68M	112.47M	109.99M	109.38M	107.33M	105.70M	105.36M	104.14M	103.44M	101.95M
Adjusted Diluted Earnings per Share	$3.66	$3.81	$6.18	$4.43	$4.77	$4.74	$7.14	$9.21	$6.97	$5.56
Adjusted Weighted Average Diluted Shares Outstanding	116.73M	113.36M	111.05M	110.43M	108.31M	106.77M	106.59M	105.28M	104.45M	102.75M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	112.77M	111.31M	109.75M	108.74M	106.26M	83.66M	104.85M	103.77M	103.30M	100.01M
Normalized Net Operating Profit after Tax (NOPAT)	443	448	437	520	556	542	796	1,007	774	625
Normalized NOPAT Margin	7.16%	6.83%	6.07%	6.04%	6.07%	5.62%	6.54%	6.80%	6.03%	5.17%
Pre Tax Income Margin	11.15%	10.61%	8.28%	7.44%	7.43%	6.91%	8.22%	8.65%	7.29%	6.28%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	27.98	28.51	21.67	16.85	13.42	14.99	22.61	25.98	15.06	10.52
NOPAT to Interest Expense	17.32	17.70	24.98	12.87	10.18	11.39	17.20	19.66	11.73	7.91
EBIT Less CapEx to Interest Expense	6.23	9.32	3.94	-5.06	0.83	2.36	3.64	-1.96	-9.21	1.98
NOPAT Less CapEx to Interest Expense	-4.43	-1.48	7.25	-9.03	-2.41	-1.24	-1.76	-8.28	-12.54	-0.63
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	22.79%	22.91%	14.77%	21.45%	21.66%	22.57%	16.36%	17.20%	23.88%	30.75%
Augmented Payout Ratio	84.18%	80.71%	40.97%	52.15%	75.05%	40.86%	36.30%	48.15%	45.79%	120.77%

This table displays calculated financial ratios and metrics derived from J.B. Hunt Transport Services' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	22.05%	4.37%	-7.42%	-18.37%	-17.57%	-9.48%	-8.84%	-6.51%	-3.02%	-4.76%
EBITDA Growth	28.12%	-2.20%	-6.16%	-11.74%	-18.79%	-12.31%	-16.75%	-13.38%	-4.04%	3.72%
EBIT Growth	32.28%	-12.58%	-16.99%	-23.33%	-33.27%	-27.90%	-29.95%	-24.01%	-7.28%	1.85%
NOPAT Growth	33.92%	-16.06%	-17.38%	-24.39%	-29.35%	-20.36%	-33.63%	-24.80%	-15.25%	0.45%
Net Income Growth	34.81%	-16.89%	-18.72%	-25.77%	-30.42%	-23.73%	-35.53%	-28.32%	-18.87%	1.25%
EPS Growth	36.70%	-15.35%	-17.47%	-25.21%	-29.96%	-23.83%	-35.45%	-27.07%	-17.22%	4.08%
Operating Cash Flow Growth	89.60%	65.90%	67.12%	23.73%	-24.27%	-48.99%	-4.34%	-40.86%	-21.70%	47.73%
Free Cash Flow Firm Growth	-6,150.77%	-172.42%	45.57%	48.06%	24.01%	3.40%	7.45%	19.06%	127.29%	159.86%
Invested Capital Growth	26.33%	20.01%	13.17%	12.55%	15.52%	15.38%	9.68%	8.80%	0.45%	-3.22%
Revenue Q/Q Growth	0.02%	-4.91%	-11.51%	-3.00%	0.99%	4.42%	-10.89%	-0.52%	4.76%	2.55%
EBITDA Q/Q Growth	3.56%	-14.23%	-0.06%	-0.58%	-4.72%	-7.38%	-5.12%	3.45%	5.56%	0.11%
EBIT Q/Q Growth	2.59%	-22.16%	-1.58%	-2.44%	-10.71%	-15.90%	-4.38%	5.83%	8.94%	-7.62%
NOPAT Q/Q Growth	5.62%	-25.10%	-0.34%	-4.09%	-1.31%	-15.57%	-16.95%	8.66%	11.23%	0.07%
Net Income Q/Q Growth	5.50%	-25.27%	-1.76%	-4.15%	-1.12%	-18.08%	-16.96%	6.57%	11.92%	2.23%
EPS Q/Q Growth	6.20%	-24.90%	-2.07%	-4.23%	-0.55%	-18.33%	-17.01%	8.20%	12.88%	2.68%
Operating Cash Flow Q/Q Growth	15.86%	-26.17%	15.69%	25.03%	-29.09%	-50.27%	116.96%	-22.71%	-6.12%	-6.16%
Free Cash Flow Firm Q/Q Growth	1.14%	12.85%	38.44%	2.07%	-44.64%	-10.79%	41.02%	14.35%	148.76%	143.04%
Invested Capital Q/Q Growth	3.73%	4.54%	2.25%	1.50%	6.47%	4.42%	-2.80%	0.69%	-1.70%	0.60%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	17.43%	181.68%	68.07%	18.99%	68.42%	-77.53%	66.66%	18.98%	68.08%	-73.81%
EBITDA Margin	13.78%	12.43%	14.04%	14.39%	13.57%	12.04%	12.82%	13.33%	13.43%	13.11%
Operating Margin	9.44%	7.73%	8.59%	8.64%	7.64%	6.15%	6.60%	7.02%	7.30%	6.58%
EBIT Margin	9.44%	7.73%	8.59%	8.64%	7.64%	6.15%	6.60%	7.02%	7.30%	6.58%
Profit (Net Income) Margin	7.02%	5.52%	6.12%	6.05%	5.92%	4.65%	4.33%	4.64%	4.96%	4.94%
Tax Burden Percent	77.26%	74.35%	75.28%	74.01%	81.80%	82.13%	71.34%	73.24%	74.78%	81.00%
Interest Burden Percent	96.26%	96.03%	94.67%	94.61%	94.79%	91.97%	91.95%	90.18%	90.74%	92.70%
Effective Tax Rate	22.74%	25.65%	24.72%	25.99%	18.20%	17.87%	28.66%	26.76%	25.22%	19.00%
Return on Invested Capital (ROIC)	25.58%	19.03%	20.05%	18.54%	16.38%	12.35%	11.30%	12.02%	12.38%	11.64%
ROIC Less NNEP Spread (ROIC-NNEP)	24.50%	18.26%	19.10%	17.60%	15.57%	11.36%	10.41%	10.87%	11.27%	10.81%
Return on Net Nonoperating Assets (RNNOA)	7.35%	5.80%	6.34%	5.65%	5.24%	4.00%	3.26%	3.51%	3.91%	3.93%
Return on Equity (ROE)	32.94%	24.84%	26.39%	24.18%	21.62%	16.34%	14.56%	15.52%	16.29%	15.57%
Cash Return on Invested Capital (CROIC)	1.80%	4.35%	8.16%	7.00%	1.84%	0.45%	4.23%	3.96%	11.11%	14.56%
Operating Return on Assets (OROA)	19.84%	15.70%	16.87%	15.44%	12.74%	9.64%	10.21%	10.40%	10.71%	9.41%
Return on Assets (ROA)	14.76%	11.21%	12.03%	10.81%	9.88%	7.28%	6.70%	6.87%	7.27%	7.07%
Return on Common Equity (ROCE)	32.94%	24.84%	26.39%	24.18%	21.62%	16.34%	14.56%	15.52%	16.29%	15.57%
Return on Equity Simple (ROE_SIMPLE)	28.82%	0.00%	24.33%	21.93%	19.31%	0.00%	15.79%	14.83%	14.22%	0.00%
Net Operating Profit after Tax (NOPAT)	280	210	209	200	198	167	139	151	168	168
NOPAT Margin	7.29%	5.74%	6.47%	6.40%	6.25%	5.05%	4.71%	5.14%	5.46%	5.33%
Net Nonoperating Expense Percent (NNEP)	1.09%	0.77%	0.95%	0.93%	0.81%	0.98%	0.90%	1.15%	1.12%	0.83%
Return On Investment Capital (ROIC_SIMPLE)	-	4.25%	-	-	-	2.94%	-	-	-	3.05%
Cost of Revenue to Revenue	82.57%	-81.68%	31.93%	81.01%	31.58%	177.53%	33.34%	81.02%	31.92%	173.81%
SG&A Expenses to Revenue	1.64%	1.52%	1.87%	1.96%	2.19%	2.52%	2.61%	2.55%	2.36%	2.62%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	7.99%	173.96%	59.48%	10.35%	60.78%	-83.69%	60.06%	11.96%	60.78%	-80.39%
Earnings before Interest and Taxes (EBIT)	362	282	277	271	242	203	194	206	224	207
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	529	454	453	451	429	398	377	390	412	413
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.55	4.82	4.73	4.74	4.80	4.96	4.91	4.04	4.39	4.28
Price to Tangible Book Value (P/TBV)	4.88	5.15	5.04	5.03	5.16	5.31	5.24	4.31	4.69	4.54
Price to Revenue (P/Rev)	1.09	1.19	1.23	1.34	1.46	1.59	1.63	1.33	1.44	1.42
Price to Earnings (P/E)	15.78	18.24	19.44	21.62	24.87	27.95	31.07	27.25	30.89	30.06
Dividend Yield	0.98%	0.94%	0.94%	0.92%	0.89%	0.85%	0.85%	1.07%	0.99%	1.01%
Earnings Yield	6.34%	5.48%	5.15%	4.63%	4.02%	3.58%	3.22%	3.67%	3.24%	3.33%
Enterprise Value to Invested Capital (EV/IC)	3.67	3.87	3.84	3.89	3.84	3.89	3.98	3.25	3.51	3.41
Enterprise Value to Revenue (EV/Rev)	1.17	1.28	1.32	1.42	1.57	1.71	1.73	1.45	1.55	1.54
Enterprise Value to EBITDA (EV/EBITDA)	8.61	9.56	9.84	10.44	11.57	12.64	13.14	11.22	12.04	11.68
Enterprise Value to EBIT (EV/EBIT)	12.46	14.18	15.02	16.52	19.28	22.03	23.90	21.18	22.95	22.37
Enterprise Value to NOPAT (EV/NOPAT)	16.33	18.75	19.87	21.91	25.31	28.28	30.90	27.35	30.43	29.76
Enterprise Value to Operating Cash Flow (EV/OCF)	10.63	10.63	9.70	9.43	10.59	12.54	12.62	12.14	13.75	12.54
Enterprise Value to Free Cash Flow (EV/FCFF)	227.67	97.25	49.99	58.86	223.12	918.98	98.29	85.50	31.65	23.07
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.35	0.34	0.33	0.37	0.36	0.38	0.33	0.36	0.38	0.37
Long-Term Debt to Equity	0.35	0.34	0.26	0.31	0.30	0.32	0.33	0.36	0.26	0.24
Financial Leverage	0.30	0.32	0.33	0.32	0.34	0.35	0.31	0.32	0.35	0.36
Leverage Ratio	2.17	2.15	2.10	2.14	2.10	2.11	2.04	2.09	2.08	2.08
Compound Leverage Factor	2.09	2.06	1.99	2.03	1.99	1.94	1.87	1.88	1.89	1.93
Debt to Total Capital	26.19%	25.60%	24.64%	26.98%	26.46%	27.75%	24.70%	26.69%	27.70%	26.91%
Short-Term Debt to Total Capital	0.00%	0.00%	4.96%	4.66%	4.57%	4.40%	0.00%	0.00%	9.04%	9.10%
Long-Term Debt to Total Capital	26.19%	25.60%	19.68%	22.31%	21.88%	23.35%	24.70%	26.69%	18.66%	17.80%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	73.81%	74.40%	75.36%	73.02%	73.54%	72.25%	75.30%	73.31%	72.30%	73.09%
Debt to EBITDA	0.63	0.64	0.64	0.77	0.81	0.91	0.83	0.93	0.97	0.93
Net Debt to EBITDA	0.58	0.61	0.61	0.61	0.77	0.88	0.79	0.90	0.90	0.90
Long-Term Debt to EBITDA	0.63	0.64	0.51	0.63	0.67	0.77	0.83	0.93	0.65	0.61
Debt to NOPAT	1.19	1.25	1.29	1.61	1.77	2.04	1.94	2.27	2.46	2.37
Net Debt to NOPAT	1.11	1.20	1.23	1.28	1.68	1.97	1.85	2.19	2.26	2.29
Long-Term Debt to NOPAT	1.19	1.25	1.03	1.33	1.46	1.71	1.94	2.27	1.65	1.56
Altman Z-Score	4.67	5.85	4.73	4.41	4.36	5.50	4.50	3.87	3.98	5.19
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.43	1.41	1.17	1.21	1.11	1.35	1.26	1.21	0.94	1.06
Quick Ratio	1.21	1.22	0.84	0.89	0.81	1.12	0.87	0.83	0.68	0.91
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-692	-603	-372	-364	-526	-583	-344	-294	144	349
Operating Cash Flow to CapEx	135.94%	101.84%	128.38%	128.64%	92.75%	76.70%	280.70%	148.58%	427.32%	170.46%
Free Cash Flow to Firm to Interest Expense	-51.06	-49.23	-25.12	-24.91	-41.81	-24.34	-21.97	-14.58	6.92	15.56
Operating Cash Flow to Interest Expense	42.09	34.38	32.97	41.75	34.35	8.98	29.81	17.85	16.31	14.17
Operating Cash Flow Less CapEx to Interest Expense	11.13	0.62	7.29	9.29	-2.69	-2.73	19.19	5.84	12.50	5.86
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.10	2.03	1.96	1.79	1.67	1.57	1.55	1.48	1.47	1.43
Accounts Receivable Turnover	9.25	8.27	9.30	9.04	8.51	7.49	9.45	9.72	9.30	7.93
Inventory Turnover	0.00	131.18	0.00	0.00	0.00	252.05	0.00	0.00	0.00	233.81
Fixed Asset Turnover	3.42	3.27	3.09	2.79	2.53	2.39	2.28	2.18	2.14	2.10
Accounts Payable Turnover	4.26	5.48	15.35	14.13	11.55	13.58	14.02	13.70	13.76	14.17
Days Sales Outstanding (DSO)	39.45	44.13	39.23	40.36	42.89	48.72	38.63	37.53	39.24	46.02
Days Inventory Outstanding (DIO)	0.00	2.78	0.00	0.00	0.00	1.45	0.00	0.00	0.00	1.56
Days Payable Outstanding (DPO)	85.70	66.62	23.78	25.83	31.59	26.87	26.04	26.65	26.52	25.75
Cash Conversion Cycle (CCC)	-46.25	-19.71	15.45	14.54	11.29	23.30	12.59	10.88	12.72	21.83
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,665	4,877	4,986	5,061	5,389	5,626	5,469	5,506	5,413	5,445
Invested Capital Turnover	3.51	3.31	3.10	2.90	2.62	2.44	2.40	2.34	2.27	2.18
Increase / (Decrease) in Invested Capital	972	813	580	564	724	750	482	445	24	-181
Enterprise Value (EV)	17,101	18,888	19,144	19,697	20,668	21,878	21,749	17,900	18,988	18,594
Market Capitalization	15,941	17,678	17,955	18,547	19,298	20,356	20,446	16,469	17,575	17,163
Book Value per Share	$33.76	$35.41	$36.59	$37.74	$38.88	$39.79	$40.36	$39.50	$39.22	$39.81
Tangible Book Value per Share	$31.44	$33.13	$34.36	$35.56	$36.21	$37.19	$37.82	$37.01	$36.76	$37.52
Total Capital	4,749	4,929	5,039	5,357	5,464	5,680	5,533	5,560	5,533	5,492
Total Debt	1,244	1,262	1,241	1,445	1,446	1,576	1,367	1,484	1,532	1,478
Total Long-Term Debt	1,244	1,262	992	1,195	1,196	1,326	1,367	1,484	1,032	978
Net Debt	1,159	1,210	1,189	1,149	1,370	1,523	1,302	1,430	1,412	1,431
Capital Expenditures (CapEx)	420	414	380	474	466	280	166	243	79	186
Debt-free, Cash-free Net Working Capital (DFCFNWC)	567	592	483	323	366	705	341	279	265	546
Debt-free Net Working Capital (DFNWC)	652	644	535	619	441	759	406	332	385	593
Net Working Capital (NWC)	652	644	285	369	191	509	406	332	-115	93
Net Nonoperating Expense (NNE)	10	8.32	11	11	10	13	11	15	16	12
Net Nonoperating Obligations (NNO)	1,159	1,210	1,189	1,149	1,370	1,523	1,302	1,430	1,412	1,431
Total Depreciation and Amortization (D&A)	167	172	176	180	188	194	183	185	188	206
Debt-free, Cash-free Net Working Capital to Revenue	3.87%	3.99%	3.32%	2.33%	2.78%	5.50%	2.72%	2.26%	2.16%	4.52%
Debt-free Net Working Capital to Revenue	4.45%	4.34%	3.68%	4.47%	3.35%	5.91%	3.23%	2.69%	3.14%	4.91%
Net Working Capital to Revenue	4.45%	4.34%	1.96%	2.66%	1.45%	3.97%	3.23%	2.69%	-0.94%	0.77%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.60	$1.94	$1.91	$1.83	$1.81	$1.49	$1.23	$1.33	$1.50	$1.54
Adjusted Weighted Average Basic Shares Outstanding	103.76M	104.14M	103.72M	103.56M	103.30M	103.44M	103.24M	102.39M	101.32M	101.95M
Adjusted Diluted Earnings per Share	$2.57	$1.93	$1.89	$1.81	$1.80	$1.47	$1.22	$1.32	$1.49	$1.53
Adjusted Weighted Average Diluted Shares Outstanding	104.92M	105.28M	104.73M	104.57M	104.39M	104.45M	104.11M	103.15M	102.14M	102.75M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	103.54M	103.77M	103.65M	103.34M	103.14M	103.30M	103.20M	101.99M	100.83M	100.01M
Normalized Net Operating Profit after Tax (NOPAT)	280	210	209	200	198	167	139	151	168	168
Normalized NOPAT Margin	7.29%	5.74%	6.47%	6.40%	6.25%	5.05%	4.71%	5.14%	5.46%	5.33%
Pre Tax Income Margin	9.08%	7.42%	8.13%	8.18%	7.24%	5.66%	6.07%	6.33%	6.63%	6.10%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	26.71	23.00	18.76	18.54	19.21	8.49	12.42	10.18	10.80	9.23
NOPAT to Interest Expense	20.64	17.10	14.13	13.72	15.71	6.97	8.86	7.46	8.08	7.48
EBIT Less CapEx to Interest Expense	-4.26	-10.76	-6.92	-13.92	-17.83	-3.22	1.80	-1.83	6.98	0.92
NOPAT Less CapEx to Interest Expense	-10.33	-16.66	-11.56	-18.73	-21.33	-4.73	-1.76	-4.56	4.26	-0.83
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	15.52%	17.20%	18.23%	19.83%	22.17%	23.88%	26.55%	28.99%	30.84%	30.75%
Augmented Payout Ratio	46.68%	48.15%	45.92%	36.69%	39.57%	45.79%	49.94%	79.28%	110.43%	120.77%

Frequently Asked Questions About J.B. Hunt Transport Services' Financials

When does J.B. Hunt Transport Services's fiscal year end?

According to the most recent income statement we have on file, J.B. Hunt Transport Services' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has J.B. Hunt Transport Services' net income changed over the last 9 years?

J.B. Hunt Transport Services' net income appears to be on an upward trend, with a most recent value of $570.89 million in 2024, rising from $427.24 million in 2015. The previous period was $728.29 million in 2023.

What is J.B. Hunt Transport Services's operating income?

J.B. Hunt Transport Services's total operating income in 2024 was $831.23 million, based on the following breakdown:

Total Gross Profit: $2.28 billion
Total Operating Expenses: $1.45 billion

How has J.B. Hunt Transport Services revenue changed over the last 9 years?

Over the last 9 years, J.B. Hunt Transport Services' total revenue changed from $6.19 billion in 2015 to $12.09 billion in 2024, a change of 95.3%.

How much debt does J.B. Hunt Transport Services have?

J.B. Hunt Transport Services' total liabilities were at $4.30 billion at the end of 2024, a 4.2% decrease from 2023, and a 84.5% increase since 2015.

How much cash does J.B. Hunt Transport Services have?

In the past 9 years, J.B. Hunt Transport Services' cash and equivalents has ranged from $5.57 million in 2015 to $355.55 million in 2021, and is currently $46.98 million as of their latest financial filing in 2024.

How has J.B. Hunt Transport Services' book value per share changed over the last 9 years?

Over the last 9 years, J.B. Hunt Transport Services' book value per share changed from 11.35 in 2015 to 39.81 in 2024, a change of 250.9%.

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This page (NASDAQ:JBHT) was last updated on 4/25/2025 by MarketBeat.com Staff

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J.B. Hunt Transport Services (JBHT) Financials

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J.B. Hunt Transport Services (JBHT) Financials

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