HUNT J B TRANSPORT SERVICES INC JBHT
We are one of the largest surface transportation, delivery, and logistics companies in North America. J.B. Hunt Transport Services, Inc. is a publicly held holding company that, through our wholly owned subsidiaries, provides a wide range of reliable transportation, brokerage, and delivery services to a diverse group of customers and consumers throughout the continental United States, Canada, and Mexico. Unless otherwise indicated by the context, "we," "us," "our," the "Company", and "JBHT" refer to J.B. Hunt Transport Services, Inc. and its consolidated subsidiaries. We were incorporated in Arkansas on August 10, 1961, and have been a publicly held company since our initial public offering in 1983. Our service offerings include transportation of full-truckload containerized freight, which we directly transport utilizing our company-controlled revenue equipment and company drivers, independent contractors or third-party carriers. We have arrangements with most of the major North American rail carriers to transport freight in containers or trailers, while we perform the majority of the pickup and delivery services. We also provide customized freight movement, revenue equipment, labor, systems, and delivery services that are tailored to meet individual customers' requirements and typically involve long-term contracts. These arrangements are generally referred to as dedicated services and may include multiple pickups and drops, freight handling, specialized equipment, and freight network design. In addition, we provide or arrange for local and home delivery services, generally referred to as last-mile delivery services, to customers through a network of cross-dock and other delivery system locations throughout the continental United States. Utilizing thousands of reliable third-party carriers, we also provide comprehensive freight transportation brokerage and logistics services. In addition to dry-van, full-load operations, we also arrange for these unrelated outside carriers to provide flatbed, refrigerated, less-than-truckload (LTL), and other specialized equipment, drivers, and services. Also, we utilize contracted power units to provide traditional over-the-road full truckload delivery services. Our customers, who include many Fortune 500 companies, have extremely diverse businesses. Many of them are served by J.B. Hunt 360°®, an online platform that offers shippers and carriers greater access, visibility and transparency of the supply chain.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.00B | $12.09B | $12.83B | $14.81B | $12.17B | $9.64B | $9.17B | $8.61B | $7.19B | $6.56B |
| SG&A | $281.5M | $306.4M | $274.6M | $215.4M | $195.6M | $180.1M | $191.9M | $163.3M | $125.9M | $87.1M |
| Total operating expenses | $11.13B | $11.26B | $11.84B | $13.48B | $11.12B | $8.92B | $8.43B | $7.93B | $6.57B | $5.83B |
| Operating income | $865.1M | $831.2M | $993.2M | $1.33B | $1.05B | $713.1M | $733.8M | $681.0M | $623.8M | $721.0M |
| Interest expense | $75.2M | $79.0M | $65.9M | $51.2M | $46.3M | $47.6M | $54.7M | $40.4M | $28.8M | $25.3M |
| Pre-tax income | $794.1M | $759.5M | $934.9M | $1.28B | $999.8M | $666.0M | $680.9M | $640.8M | $595.2M | $695.8M |
| Income tax | $195.8M | $188.6M | $206.6M | $312.0M | $239.0M | $160.0M | $164.6M | $151.2M | $91.0M | $263.7M |
| Net income | $598.3M | $570.9M | $728.3M | $969.4M | $760.8M | $506.0M | $516.3M | $489.6M | $686.3M | $432.1M |
| EPS, basic | 6.16 | 5.60 | 7.04 | 9.31 | 7.22 | 4.79 | 4.81 | 4.48 | 6.24 | 3.84 |
| EPS, diluted | 6.12 | 5.56 | 6.97 | 9.21 | 7.14 | 4.74 | 4.77 | 4.43 | 6.18 | 3.81 |
| Shares, diluted (wtd. avg.) | 97.7M | 102.8M | 104.5M | 105.3M | 106.6M | 106.8M | 108.3M | 110.4M | 111.0M | 113.4M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $17.3M | $47.0M | $53.3M | $51.9M | $355.5M | $313.3M | $35.0M | $7.6M | $14.6M | $6.4M |
| Receivables | $1.16B | $1.22B | $1.33B | $1.53B | $1.51B | $1.12B | $1.01B | $1.05B | $920.8M | $745.3M |
| Inventory | $42.2M | $41.7M | $42.2M | $40.6M | $25.0M | $23.8M | $21.1M | $22.0M | $20.7M | $18.6M |
| Total current assets | $1.60B | $1.77B | $1.96B | $2.21B | $2.31B | $1.84B | $1.48B | $1.50B | $1.34B | $1.07B |
| Property, plant and equipment | $5.54B | $5.73B | $5.77B | $4.98B | $4.07B | $3.69B | $3.62B | $3.45B | $2.98B | $2.82B |
| Goodwill | $134.1M | $134.1M | — | — | $100.5M | $105.4M | $96.3M | $40.1M | $39.8M | — |
| Other intangibles | $76.3M | $96.9M | $133.9M | $115.9M | $90.6M | $106.8M | $106.5M | $65.1M | $73.7M | $2.4M |
| Total assets | $7.93B | $8.31B | $8.59B | $7.79B | $6.79B | $5.93B | $5.47B | $5.09B | $4.47B | $3.95B |
| Short-term debt | $699.9M | $500.0M | $250.0M | $0 | $356.0M | $0 | $0 | $250.7M | — | — |
| Total current liabilities | $1.94B | $1.68B | $1.45B | $1.57B | $1.73B | $1.08B | $1.04B | $1.35B | $921.8M | $694.9M |
| Long-term debt | $766.9M | $977.7M | $1.33B | $1.26B | $945.3M | $1.31B | $1.30B | $898.4M | $1.09B | $986.3M |
| Total liabilities | $4.36B | $4.30B | $4.48B | $4.12B | $3.68B | $3.33B | $3.20B | $2.99B | $2.63B | $2.54B |
| Retained earnings | $7.80B | $7.37B | $6.98B | $6.42B | $5.62B | $4.98B | $4.59B | $4.19B | $3.80B | $3.22B |
| Total equity | $3.57B | $4.01B | $4.10B | $3.67B | $3.12B | $2.60B | $2.27B | $2.10B | $1.84B | $1.41B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.68B | $1.48B | $1.74B | $1.78B | $1.22B | $1.12B | $1.10B | $1.09B | $855.2M | $854.1M |
| Depreciation and amortisation | $714.8M | $761.1M | $738.0M | $644.5M | $557.1M | $527.4M | $499.1M | $435.9M | $383.5M | $361.5M |
| Stock-based compensation | $71.8M | $65.7M | $79.2M | $77.5M | $61.5M | $60.7M | $53.3M | $47.4M | $38.3M | $40.6M |
| Capital expenditure | $730.7M | $865.4M | $1.86B | $1.54B | $947.6M | $738.5M | $854.1M | $995.6M | $526.9M | $638.4M |
| Investing cash flow | -$574.8M | -$663.7M | -$1.69B | -$1.55B | -$877.0M | -$613.0M | -$804.0M | -$886.8M | -$651.3M | -$485.4M |
| Financing cash flow | -$1.13B | -$825.8M | -$58.0M | -$530.4M | -$304.6M | -$231.6M | -$267.0M | -$208.1M | -$195.6M | -$367.9M |
| Dividends paid | $171.0M | $175.5M | $173.9M | $166.7M | $124.4M | $114.2M | $111.8M | $105.0M | $101.4M | $99.0M |
| Buybacks | $923.3M | $513.9M | $159.6M | $300.0M | $151.7M | $92.5M | $275.7M | $150.3M | $179.8M | $249.8M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-005294.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.56B | $7.19B | $8.61B | $9.17B | $9.64B | $12.17B | $14.81B | $12.83B | $12.09B | $12.00B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $432.1M | $686.3M | $489.6M | $516.3M | $506.0M | $760.8M | $969.4M | $728.3M | $570.9M | $598.3M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Results announced Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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