Financials JB Hunt Transport Services

Equities

JBHT

US4456581077

Ground Freight & Logistics

Market Closed - Nasdaq Other stock markets 21:00:00 13/06/2025 BST			5-day change	1st Jan Change
139.85 ^USD	-0.76%		-0.26%	-18.05%

06-02	J.B. Hunt Transport Shares Fall After Goldman Sachs Downgrade	MT
06-02	Goldman Sachs Downgrades J.B. Hunt Transport Services to Neutral From Buy, Price Target is $164	MT

Projected Income Statement: JB Hunt Transport Services

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	9,637	12,168	14,814	12,830	12,087	12,049	12,706	13,452
Change	-	26.27%	21.74%	-13.39%	-5.79%	-0.31%	5.45%	5.87%
EBITDA ¹	1,240	1,603	1,976	1,731	1,592	1,572	1,762	1,930
Change	-	29.19%	23.3%	-12.39%	-8.02%	-1.27%	12.06%	9.57%
EBIT ¹	713.1	1,046	1,330	993.2	831.2	820	978.9	1,128
Change	-	46.61%	27.21%	-25.32%	-16.31%	-1.35%	19.38%	15.28%
Interest Paid ¹	-47.09	-45.76	-50.18	-58.31	-71.71	-77.49	-78.01	-75.8
Earnings before Tax (EBT) ¹	666	999.8	1,281	934.9	759.5	734.5	866.9	991.9
Change	-	50.11%	28.17%	-27.04%	-18.76%	-3.3%	18.03%	14.42%
Net income ¹	506	760.8	969.4	728.3	570.9	556.5	654.8	749.2
Change	-	50.35%	27.41%	-24.87%	-21.61%	-2.51%	17.66%	14.41%
Announcement Date	19/01/21	18/01/22	18/01/23	18/01/24	16/01/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	2,146	2,473	2,738	2,618	2,908	3,145	3,497	3,489	3,838	3,838	3,650	3,230	3,133	3,164	3,304	2,944	2,929	3,068	3,146	2,921	2,934	3,015	3,138	3,006	3,049	3,201	3,339
Change	-	15.24%	10.72%	-4.37%	11.08%	8.13%	11.2%	-0.24%	10%	0.02%	-4.91%	-11.51%	-3%	0.99%	4.42%	-10.89%	-0.52%	4.76%	2.55%	-7.15%	0.43%	2.75%	4.1%	-4.2%	1.4%	5%	4.32%
EBITDA ¹	305.5	307.9	342.3	345.2	380.9	412.8	463.8	483.1	510.7	528.8	453.6	453.3	450.7	429.4	397.7	377.4	390.4	412.1	412.5	358.2	379.3	399.1	420	394.5	417.3	447	481.3
Change	-	0.79%	11.17%	0.85%	10.35%	8.36%	12.36%	4.16%	5.71%	3.56%	-14.23%	-0.06%	-0.58%	-4.72%	-7.38%	-5.12%	3.45%	5.56%	0.11%	-13.18%	5.9%	5.23%	5.23%	-6.08%	5.79%	7.11%	7.67%
EBIT ¹	175.2	175.5	207.7	207.7	241.5	273.8	322.5	334.3	353.1	362.2	281.9	277.5	270.7	241.7	203.3	194.4	205.7	224.1	207	178.7	195.6	212.6	226.8	201.4	224.8	253.2	271
Change	-	0.18%	18.34%	-0.02%	16.32%	13.37%	17.78%	3.66%	5.62%	2.59%	-22.18%	-1.56%	-2.44%	-10.71%	-15.9%	-4.38%	5.83%	8.94%	-7.62%	-13.7%	9.5%	8.66%	6.67%	-11.19%	11.6%	12.64%	7.03%
Charge d'intérêts ¹	-12.82	-11.9	-10.34	-12.02	-12.06	-11.98	-9.697	-12.59	-12.84	-13.56	-11.19	-14.79	-14.6	-12.59	-16.33	-15.65	-20.2	-20.75	-15.11	-18.6	-19.55	-19.61	-19.62	-19.8	-19.92	-19.84	-19.88
Earnings before Tax (EBT) ¹	162.4	163.6	197.3	195.6	229.5	261.9	312.8	321.7	340.2	348.7	270.8	262.7	256.1	229.1	186.9	178.7	185.5	203.4	191.9	160.1	176.6	192.2	205.8	179.1	205.3	233.8	251.5
Change	-	0.77%	20.62%	-0.87%	17.31%	14.1%	19.46%	2.85%	5.76%	2.48%	-22.34%	-2.98%	-2.51%	-10.53%	-18.41%	-4.4%	3.8%	9.62%	-5.62%	-16.59%	10.31%	8.83%	7.11%	-12.98%	14.61%	13.87%	7.59%
Net income ¹	121.7	125.5	154	146.6	172.2	199.8	242.2	243.3	255.3	269.4	201.3	197.8	189.6	187.4	153.5	127.5	135.9	152.1	155.5	117.7	130.7	145.2	161.8	135.5	153.5	175.8	193.5
Change	-	3.12%	22.72%	-4.81%	17.43%	16.07%	21.21%	0.46%	4.94%	5.5%	-25.27%	-1.76%	-4.15%	-1.12%	-18.08%	-16.96%	6.57%	11.92%	2.23%	-24.26%	11.05%	11.05%	11.47%	-16.27%	13.28%	14.54%	10.05%
Announcement Date	16/07/20	16/10/20	19/01/21	15/04/21	19/07/21	15/10/21	18/01/22	18/04/22	19/07/22	18/10/22	18/01/23	17/04/23	18/07/23	17/10/23	18/01/24	16/04/24	16/07/24	15/10/24	16/01/25	15/04/25	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: JB Hunt Transport Services

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	992	946	1,210	1,523	1,431	1,352	1,179	921
Change	-	-4.64%	27.91%	25.87%	-6.04%	-5.5%	-12.8%	-21.88%
Announcement Date	19/01/21	18/01/22	18/01/23	18/01/24	16/01/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: JB Hunt Transport Services

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	600.8	877	1,432	1,600	674.4	623.3	758.9	866.5
Change	-	45.98%	63.27%	11.76%	-57.86%	-7.58%	21.75%	14.19%
Free Cash Flow (FCF) ¹	522.1	346.9	345	144.4	808.8	706.7	664	586.3
Change	-	-33.56%	-0.55%	-58.14%	460.06%	-12.62%	-6.05%	-11.69%
Announcement Date	19/01/21	18/01/22	18/01/23	18/01/24	16/01/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: JB Hunt Transport Services

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	12.87%	13.17%	13.34%	13.49%	13.17%	13.05%	13.87%	14.35%
EBIT Margin (%)	7.4%	8.59%	8.98%	7.74%	6.88%	6.81%	7.7%	8.39%
EBT Margin (%)	6.91%	8.22%	8.65%	7.29%	6.28%	6.1%	6.82%	7.37%
Net margin (%)	5.25%	6.25%	6.54%	5.68%	4.72%	4.62%	5.15%	5.57%
FCF margin (%)	5.42%	2.85%	2.33%	1.13%	6.69%	5.87%	5.23%	4.36%
FCF / Net Income (%)	103.17%	45.59%	35.59%	19.83%	141.67%	126.99%	101.4%	78.26%
Profitability
ROA	8.86%	11.96%	13.34%	8.91%	6.79%	6.74%	7.95%	9.63%
ROE	20.79%	26.61%	28.58%	18.74%	14.06%	14.32%	17.71%	20.2%
Financial Health
Leverage (Debt/EBITDA)	0.8x	0.59x	0.61x	0.88x	0.9x	0.86x	0.67x	0.48x
Debt / Free cash flow	1.9x	2.73x	3.51x	10.54x	1.77x	1.91x	1.77x	1.57x
Capital Intensity
CAPEX / Current Assets (%)	6.23%	7.21%	9.67%	12.47%	5.58%	5.17%	5.97%	6.44%
CAPEX / EBITDA (%)	48.43%	54.72%	72.46%	92.44%	42.35%	39.65%	43.08%	44.89%
CAPEX / FCF (%)	115.07%	252.83%	415.06%	1,108.16%	83.39%	88.2%	114.29%	147.79%
Items per share
Cash flow per share ¹	10.52	11.48	16.88	16.7	14.43	14.09	15.9	19.45
Change	-	9.18%	47%	-1.04%	-13.58%	-2.41%	12.85%	22.34%
Dividend per Share ¹	1.08	1.18	1.6	1.68	1.72	1.757	1.852	1.982
Change	-	9.26%	35.59%	5%	2.38%	2.14%	5.41%	7.03%
Book Value Per Share ¹	24.61	29.67	35.34	39.76	39.92	38.05	40.5	43.39
Change	-	20.56%	19.11%	12.51%	0.4%	-4.68%	6.44%	7.14%
EPS ¹	4.74	7.14	9.21	6.97	5.56	5.622	6.896	7.903
Change	-	50.63%	28.99%	-24.32%	-20.23%	1.11%	22.66%	14.61%
Nbr of stocks (in thousands)	105,679	105,014	103,537	103,143	100,830	99,195	99,195	99,195
Announcement Date	19/01/21	18/01/22	18/01/23	18/01/24	16/01/25	-	-	-