Income Statement JB Hunt Transport Services

Equities

JBHT

US4456581077

Ground Freight & Logistics

Real-time Estimate Cboe BZX Other stock markets 20:38:11 09/07/2025 BST			5-day change	1st Jan Change
152.78 ^USD	-0.18%		+0.07%	-10.28%

06:16pm	Citigroup Raises J.B. Hunt Transport Services' PT to $175 From $156, Buy Rating Maintained	MT
12:59pm	Goldman Sachs Adjusts J.B. Hunt Transport Services' PT to $157 From $164, Keeps Neutral Rating	MT

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Published financial data: JB HUNT TRANSPORT SERVICES

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	8.88B	10.92B	12.38B	10.98B	10.56B
Other Revenues, Total	757M	1.25B	2.43B	1.85B	1.53B
Total Revenues	9.64B	12.17B	14.81B	12.83B	12.09B
Cost of Goods Sold, Total	8.01B	10.15B	12.24B	10.43B	9.8B
Gross Profit	1.62B	2.02B	2.58B	2.4B	2.28B
Selling General & Admin Expenses, Total	315M	361M	533M	590M	620M
Depreciation & Amortization - (IS)	527M	557M	645M	738M	761M
Other Operating Expenses	54.33M	59.46M	68.23M	75M	72.55M
Other Operating Expenses, Total	896M	977M	1.25B	1.4B	1.45B
Operating Income	725M	1.05B	1.33B	993M	831M
Interest Expense, Total	-47.58M	-46.25M	-51.25M	-65.93M	-79.02M
Interest And Investment Income	486K	493K	1.07M	7.62M	7.31M
Net Interest Expenses	-47.09M	-45.76M	-50.18M	-58.31M	-71.71M
EBT, Excl. Unusual Items	678M	1B	1.28B	935M	760M
Merger & Related Restructuring Charges	-	-	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-12.3M	-	-	-	-
EBT, Incl. Unusual Items	666M	1B	1.28B	935M	760M
Income Tax Expense	160M	239M	312M	207M	189M
Earnings From Continuing Operations	506M	761M	969M	728M	571M
Net Income to Company	506M	761M	969M	728M	571M
Net Income - (IS)	506M	761M	969M	728M	571M
Net Income to Common Incl Extra Items	506M	761M	969M	728M	571M
Net Income to Common Excl. Extra Items	506M	761M	969M	728M	571M
Per Share Items
Net EPS - Basic	4.79	7.22	9.31	7.04	5.6
Basic EPS - Continuing Operations	4.79	7.22	9.31	7.04	5.6
Basic Weighted Average Shares Outstanding	106M	105M	104M	103M	102M
Net EPS - Diluted	4.74	7.14	9.21	6.97	5.56
Diluted EPS - Continuing Operations	4.74	7.14	9.21	6.97	5.56
Diluted Weighted Average Shares Outstanding	107M	107M	105M	104M	103M
Normalized Basic EPS	4.01	5.93	7.69	5.65	4.66
Normalized Diluted EPS	3.97	5.86	7.61	5.59	4.62
Dividend Per Share	1.08	1.18	1.6	1.68	1.72
Payout Ratio	22.57	16.36	17.2	23.88	30.75
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	1.25B	1.6B	1.98B	1.73B	1.59B
EBITA	739M	1.06B	1.35B	1.01B	868M
EBIT	725M	1.05B	1.33B	993M	831M
EBITDAR	1.3B	1.66B	2.06B	1.84B	1.7B
Total Revenues (As Reported)	9.64B	12.17B	14.81B	12.83B	12.09B
Effective Tax Rate - (Ratio)	24.02	23.9	24.35	22.1	24.84
Current Domestic Taxes	167M	186M	137M	191M	270M
Current Foreign Taxes	-	-	-	-	8.38M
Total Current Taxes	167M	186M	137M	191M	278M
Deferred Domestic Taxes	-7.06M	53.42M	175M	15.68M	-89.85M
Total Deferred Taxes	-7.06M	53.42M	175M	15.68M	-89.85M
Normalized Net Income	424M	625M	801M	584M	475M
Interest on Long-Term Debt	47.58M	46.25M	51.25M	65.93M	79.02M
Supplemental Operating Expense Items
General and Administrative Expenses	130M	137M	128M	168M	196M
Net Rental Expense, Total	50.2M	58.6M	87.7M	107M	111M
Imputed Operating Lease Interest Expense	13.36M	14.83M	23.54M	32.19M	37.67M
Imputed Operating Lease Depreciation	36.84M	43.77M	64.16M	74.61M	73.13M
Stock-Based Comp., COGS (Total)	60.7M	61.5M	77.54M	79.19M	65.69M
Total Stock-Based Compensation	60.7M	61.5M	77.54M	79.19M	65.69M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	313M	356M	51.93M	53.34M	46.98M
Trading Asset Securities, Total	-	6.3M	-	-	-
Total Cash And Short Term Investments	313M	362M	51.93M	53.34M	46.98M
Accounts Receivable, Total	1.12B	1.51B	1.53B	1.33B	1.22B
Other Receivables	186M	217M	331M	355M	258M
Total Receivables	1.31B	1.72B	1.86B	1.69B	1.48B
Inventory	23.8M	25.03M	40.6M	42.19M	41.66M
Prepaid Expenses	195M	203M	260M	300M	200M
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	1.84B	2.31B	2.21B	2.08B	1.77B
Gross Property Plant And Equipment	6.05B	6.86B	8.31B	9.12B	9.46B
Accumulated Depreciation	-2.22B	-2.61B	-3.02B	-2.99B	-3.42B
Net Property Plant And Equipment	3.83B	4.25B	5.29B	6.12B	6.04B
Long-term Investments	12.5M	-	-	-	-
Goodwill	105M	101M	120M	134M	134M
Other Intangibles, Total	107M	90.57M	116M	134M	96.92M
Other Long-Term Assets, Total	35.92M	38.63M	48.7M	61.28M	272M
Total Assets	5.93B	6.79B	7.79B	8.54B	8.31B
Liabilities
Accounts Payable, Total	588M	773M	799M	737M	646M
Accrued Expenses, Total	449M	543M	683M	692M	434M
Current Portion of Long-Term Debt	-	356M	-	250M	500M
Current Portion of Leases	48.3M	58.2M	86M	99.9M	98.1M
Total Current Liabilities	1.08B	1.73B	1.57B	1.78B	1.68B
Long-Term Debt	1.31B	945M	1.26B	1.33B	978M
Long-Term Leases	87.2M	124M	224M	253M	214M
Pension & Other Post Retirement Benefits	23.1M	26M	25.1M	31.6M	33.9M
Deferred Tax Liability Non Current	692M	745M	921M	936M	896M
Other Non Current Liabilities	136M	106M	121M	108M	498M
Total Liabilities	3.33B	3.68B	4.12B	4.43B	4.3B
Common Stock, Total	1.67M	1.67M	1.67M	1.67M	1.67M
Additional Paid In Capital	408M	448M	500M	549M	584M
Retained Earnings	4.98B	5.62B	6.42B	6.98B	7.37B
Treasury Stock	-2.79B	-2.95B	-3.26B	-3.43B	-3.94B
Total Common Equity	2.6B	3.12B	3.67B	4.1B	4.01B
Total Equity	2.6B	3.12B	3.67B	4.1B	4.01B
Total Liabilities And Equity	5.93B	6.79B	7.79B	8.54B	8.31B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	106M	105M	104M	103M	100M
ECS Total Common Shares Outstanding	106M	105M	104M	103M	101M
Book Value / Share	24.61	29.67	35.34	39.76	39.92
Tangible Book Value	2.39B	2.93B	3.43B	3.84B	3.78B
Tangible Book Value Per Share	22.6	27.85	33.07	37.16	37.63
Total Debt	1.44B	1.48B	1.57B	1.93B	1.79B
Net Debt	1.13B	1.12B	1.52B	1.88B	1.74B
Debt Equivalent of Unfunded Proj. Benefit Obligation	23.1M	26M	25.1M	31.6M	31M
Debt Equivalent Oper. Leases	402M	469M	702M	854M	886M
Account Code - Inventory Valuation	6	6	6	6	6
Land - (BS)	62.14M	67.54M	88.7M	258M	269M
Buildings, Total	308M	318M	382M	463M	533M
Machinery, Total	4.99B	5.67B	6.82B	7.29B	7.54B
Full Time Employees	30.31K	33.04K	37.15K	34.72K	33.65K
Accumulated Allowance for Doubtful Accounts (Supple)	18.4M	16.8M	22.3M	24.6M	32.4M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	506M	761M	969M	728M	571M
Depreciation & Amortization - CF	514M	543M	626M	717M	724M
Amortization of Goodwill and Intangible Assets - (CF)	13.8M	14.3M	18.2M	20.5M	37M
Depreciation & Amortization, Total	527M	557M	645M	738M	761M
(Gain) Loss From Sale Of Asset	4.39M	5.54M	-25.42M	27.81M	14.56M
Stock-Based Compensation (CF)	60.7M	61.5M	77.54M	79.19M	65.69M
Other Operating Activities, Total	38.93M	109M	259M	113M	10.33M
Change In Accounts Receivable	-110M	-382M	-13.95M	259M	111M
Change In Accounts Payable	-5.48M	140M	-23.84M	-48.35M	-110M
Change In Income Taxes	57.85M	-30.63M	-69.02M	62.05M	-26.18M
Change in Other Net Operating Assets	42.82M	2.95M	-41.18M	-215M	85.8M
Cash from Operations	1.12B	1.22B	1.78B	1.74B	1.48B
Capital Expenditure	-739M	-948M	-1.54B	-1.86B	-865M
Sale of Property, Plant, and Equipment	138M	70.54M	109M	262M	191M
Cash Acquisitions	-12.14M	-	-118M	-85M	3.78M
Investment in Marketable and Equity Securities, Total	-	-	-	-	6.93M
Other Investing Activities, Total	-52K	-	-	-	-
Cash from Investing	-613M	-877M	-1.55B	-1.69B	-664M
Long-Term Debt Issued, Total	222M	-	1.74B	2.22B	3.07B
Total Debt Issued	222M	-	1.74B	2.22B	3.07B
Long-Term Debt Repaid, Total	-220M	-	-1.77B	-1.91B	-3.17B
Total Debt Repaid	-220M	-	-1.77B	-1.91B	-3.17B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-119M	-180M	-331M	-197M	-550M
Common Dividends Paid	-114M	-124M	-167M	-174M	-176M
Common & Preferred Stock Dividends Paid	-114M	-124M	-167M	-174M	-176M
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-232M	-305M	-530M	-57.99M	-826M
Net Change in Cash	278M	42.25M	-304M	1.42M	-6.36M
Supplemental Items
Cash Interest Paid	48.35M	47.02M	50.43M	65.56M	80.86M
Cash Income Tax Paid (Refund)	95.45M	204M	196M	135M	305M
Levered Free Cash Flow	236M	152M	-60.08M	-390M	593M
Unlevered Free Cash Flow	266M	181M	-28.05M	-349M	642M
Change In Net Working Capital	37.38M	144M	41.53M	-75.61M	-161M
Net Debt Issued / Repaid	2.02M	-	-32.5M	312M	-100M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	7.95	10.27	11.42	7.6	6.15
Return on Total Capital	11.73	15.12	16.92	11.02	8.78
Return On Equity %	20.79	26.61	28.58	18.74	14.06
Return on Common Equity	20.79	26.61	28.58	18.74	14.06
Margin Analysis
Gross Profit Margin %	16.83	16.62	17.4	18.68	18.9
SG&A Margin	3.26	2.96	3.6	4.6	5.13
EBITDA Margin %	13	13.17	13.34	13.49	13.17
EBITA Margin %	7.67	8.71	9.11	7.9	7.18
EBIT Margin %	7.53	8.59	8.99	7.74	6.88
Income From Continuing Operations Margin %	5.25	6.25	6.54	5.68	4.72
Net Income Margin %	5.25	6.25	6.54	5.68	4.72
Net Avail. For Common Margin %	5.25	6.25	6.54	5.68	4.72
Normalized Net Income Margin	4.4	5.14	5.41	4.55	3.93
Levered Free Cash Flow Margin	2.45	1.25	-0.41	-3.04	4.9
Unlevered Free Cash Flow Margin	2.76	1.48	-0.19	-2.72	5.31
Asset Turnover
Asset Turnover	1.69	1.91	2.03	1.57	1.43
Fixed Assets Turnover	2.55	3.01	3.11	2.25	1.99
Receivables Turnover (Average Receivables)	8.31	8.3	8.16	7.67	8.25
Inventory Turnover (Average Inventory)	356.93	415.49	372.86	252.05	233.81
Short Term Liquidity
Current Ratio	1.7	1.34	1.41	1.17	1.06
Quick Ratio	1.5	1.21	1.22	0.98	0.91
Operating Cash Flow to Current Liabilities	1.04	0.71	1.13	0.98	0.88
Days Sales Outstanding (Average Receivables)	44.03	43.99	44.73	47.59	44.36
Days Outstanding Inventory (Average Inventory)	1.03	0.88	0.98	1.45	1.57
Average Days Payable Outstanding	27.16	24.47	23.41	26.87	25.83
Cash Conversion Cycle (Average Days)	17.89	20.4	22.3	22.17	20.1
Long Term Solvency
Total Debt/Equity	55.42	47.58	42.85	47	44.58
Total Debt / Total Capital	35.66	32.24	30	31.97	30.84
LT Debt/Equity	53.56	34.3	40.51	38.48	29.68
Long-Term Debt / Total Capital	34.46	23.24	28.36	26.17	20.53
Total Liabilities / Total Assets	56.14	54.11	52.91	51.94	51.7
EBIT / Interest Expense	15.25	22.61	25.98	15.06	10.52
EBITDA / Interest Expense	27.39	35.92	40.27	27.88	21.55
(EBITDA - Capex) / Interest Expense	11.86	15.43	10.2	-0.37	10.6
Total Debt / EBITDA	1.11	0.89	0.76	1.05	1.05
Net Debt / EBITDA	0.87	0.68	0.74	1.02	1.02
Total Debt / (EBITDA - Capex)	2.55	2.08	3	-78.79	2.14
Net Debt / (EBITDA - Capex)	2	1.57	2.91	-76.61	2.08
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	5.14	26.27	21.74	-13.4	-5.79
Gross Profit, 1 Yr. Growth %	-2.56	24.73	27.44	-7.04	-4.65
EBITDA, 1 Yr. Growth %	-3.67	27.92	23.3	-12.39	-8.02
EBITA, 1 Yr. Growth %	-9.17	43.37	27.36	-24.9	-14.35
EBIT, 1 Yr. Growth %	-9.48	44.13	27.36	-25.41	-16.31
Earnings From Cont. Operations, 1 Yr. Growth %	-1.99	50.35	27.41	-24.87	-21.61
Net Income, 1 Yr. Growth %	-1.99	50.35	27.41	-24.87	-21.61
Normalized Net Income, 1 Yr. Growth %	-9.37	47.39	28.17	-27.04	-18.76
Diluted EPS Before Extra, 1 Yr. Growth %	-0.63	50.63	28.99	-24.32	-20.23
Accounts Receivable, 1 Yr. Growth %	11.13	33.99	1.42	-12.64	-8.3
Inventory, 1 Yr. Growth %	12.78	5.16	62.2	3.9	-1.24
Net Property, Plant and Equip., 1 Yr. Growth %	2.12	11.12	24.43	15.77	-1.41
Total Assets, 1 Yr. Growth %	8.36	14.61	14.6	9.65	-3.21
Tangible Book Value, 1 Yr. Growth %	15.69	22.56	17.21	11.82	-1.36
Common Equity, 1 Yr. Growth %	14.69	19.91	17.61	11.92	-2.18
Cash From Operations, 1 Yr. Growth %	2.23	9	45.18	-1.82	-14.99
Capital Expenditures, 1 Yr. Growth %	-13.53	28.3	62.61	20.87	-53.54
Levered Free Cash Flow, 1 Yr. Growth %	127.01	-35.62	-139.58	549.37	-199.9
Unlevered Free Cash Flow, 1 Yr. Growth %	92.35	-31.94	-115.52	1.14K	-216.3
Dividend Per Share, 1 Yr. Growth %	3.85	9.26	35.59	5	2.38
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	5.76	15.22	23.99	2.68	-9.67
Gross Profit, 2 Yr. CAGR %	5.37	10.24	26.56	8.84	-5.85
EBITDA, 2 Yr. CAGR %	5.91	11.15	26.21	3.93	-10.23
EBITA, 2 Yr. CAGR %	3.53	14.36	36.26	-2.2	-19.8
EBIT, 2 Yr. CAGR %	3.21	14.46	36.65	-2.53	-20.99
Earnings From Cont. Operations, 2 Yr. CAGR %	1.67	21.39	38.4	-2.16	-23.26
Net Income, 2 Yr. CAGR %	1.67	21.39	38.4	-2.16	-23.26
Normalized Net Income, 2 Yr. CAGR %	2.88	15.84	38.71	-3.3	-23.01
Diluted EPS Before Extra, 2 Yr. CAGR %	3.44	22.35	39.39	-1.2	-22.3
Accounts Receivable, 2 Yr. CAGR %	3.4	22.02	16.58	-5.87	-10.49
Inventory, 2 Yr. CAGR %	4.07	8.9	30.6	29.82	1.3
Net Property, Plant and Equip., 2 Yr. CAGR %	5.38	6.53	17.59	20.02	6.84
Total Assets, 2 Yr. CAGR %	7.9	11.44	14.61	12.1	3.32
Tangible Book Value, 2 Yr. CAGR %	9.37	19.07	19.85	14.48	5.02
Common Equity, 2 Yr. CAGR %	11.24	17.27	18.75	14.73	4.63
Cash From Operations, 2 Yr. CAGR %	1.6	5.56	25.8	19.39	-8.64
Capital Expenditures, 2 Yr. CAGR %	-13.87	5.33	44.44	40.2	-25.06
Levered Free Cash Flow, 2 Yr. CAGR %	50.95	22.15	-48.68	60.31	214.1
Unlevered Free Cash Flow, 2 Yr. CAGR %	84.25	15.3	-67.02	38.96	378.47
Dividend Per Share, 2 Yr. CAGR %	6.07	6.52	21.72	19.32	3.68
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	10.26	12.2	17.36	10.01	-0.22
Gross Profit, 3 Yr. CAGR %	7.6	11.46	15.7	14.19	4.15
EBITDA, 3 Yr. CAGR %	7.54	12.79	15.06	11.75	-0.21
EBITA, 3 Yr. CAGR %	5.59	15.4	18.54	11.72	-6.43
EBIT, 3 Yr. CAGR %	5.16	15.36	18.61	11.68	-7.36
Earnings From Cont. Operations, 3 Yr. CAGR %	-9.66	15.83	23.36	12.9	-9.13
Net Income, 3 Yr. CAGR %	-9.66	15.83	23.36	12.9	-9.13
Normalized Net Income, 3 Yr. CAGR %	4.45	15.98	19.81	11.97	-8.75
Diluted EPS Before Extra, 3 Yr. CAGR %	-8.46	17.25	24.52	13.72	-8
Accounts Receivable, 3 Yr. CAGR %	6.89	12.73	14.73	5.89	-6.69
Inventory, 3 Yr. CAGR %	4.79	4.43	24.37	21.02	18.51
Net Property, Plant and Equip., 3 Yr. CAGR %	8.64	7.26	12.19	16.98	12.41
Total Assets, 3 Yr. CAGR %	9.91	10.09	12.49	12.93	6.95
Tangible Book Value, 3 Yr. CAGR %	11.43	13.6	18.45	17.11	8.94
Common Equity, 3 Yr. CAGR %	12.23	14.06	17.38	16.43	8.79
Cash From Operations, 3 Yr. CAGR %	9.5	4.01	17.39	15.82	6.61
Capital Expenditures, 3 Yr. CAGR %	11.91	-1.64	21.73	36.11	-2.98
Levered Free Cash Flow, 3 Yr. CAGR %	0.74	13.62	-16.11	19.59	57.47
Unlevered Free Cash Flow, 3 Yr. CAGR %	2.21	32.2	-40.91	10.61	52.6
Dividend Per Share, 3 Yr. CAGR %	5.49	7.12	15.44	15.87	13.38
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	9.26	13.17	15.56	8.29	5.69
Gross Profit, 5 Yr. CAGR %	5.44	9.61	14.64	10.41	6.54
EBITDA, 5 Yr. CAGR %	3.49	8.47	14.43	9.16	4.19
EBITA, 5 Yr. CAGR %	0.62	8.44	16.54	8.01	1.39
EBIT, 5 Yr. CAGR %	0.27	8.18	16.38	7.84	0.82
Earnings From Cont. Operations, 5 Yr. CAGR %	3.44	11.98	7.15	8.27	2.03
Net Income, 5 Yr. CAGR %	3.44	11.98	7.15	8.27	2.03
Normalized Net Income, 5 Yr. CAGR %	-0.35	7.99	16.57	7.85	0.38
Diluted EPS Before Extra, 5 Yr. CAGR %	5.31	13.38	8.31	9.49	3.11
Accounts Receivable, 5 Yr. CAGR %	12.49	15.12	10.66	4.88	3.88
Inventory, 5 Yr. CAGR %	0.52	6.15	14.44	13.93	14.57
Net Property, Plant and Equip., 5 Yr. CAGR %	7.21	8.57	12.14	12.19	10.02
Total Assets, 5 Yr. CAGR %	10.31	11.45	11.76	10.89	8.73
Tangible Book Value, 5 Yr. CAGR %	12.93	15.7	14.73	13.95	12.88
Common Equity, 5 Yr. CAGR %	14.86	17.13	14.8	14.32	12.11
Cash From Operations, 5 Yr. CAGR %	5.16	7.46	15.75	9.91	6.19
Capital Expenditures, 5 Yr. CAGR %	0.37	8.22	23.94	13.34	0.26
Levered Free Cash Flow, 5 Yr. CAGR %	19.3	1.23	-23.59	30.4	42.25
Unlevered Free Cash Flow, 5 Yr. CAGR %	18.52	2.64	-35.37	34.86	36.42
Dividend Per Share, 5 Yr. CAGR %	5.15	6.04	11.7	11.84	10.59