Logo

JBHT

J.B. Hunt Transport Services, Inc.

JBHT

J.B. Hunt Transport Services, Inc. • NASDAQ
$173.96 ▲ 0.32% (+0.56)
Market Cap $16.57 B
52w High $189.67
52w Low $122.79
Dividend Yield 1.76%
P/E 30.1
Volume 272.19K
Outstanding Shares 95.25M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $3.053B ▲ $97.812M ▼ $170.849M ▲ 5.596% ▲ $1.74 ▲ $421.783M ▲
Q2-2025 $2.928B ▲ $316.368M ▲ $128.624M ▲ 4.393% ▲ $1.32 ▲ $374.254M ▲
Q1-2025 $2.921B ▼ $310.327M ▼ $117.74M ▼ 4.03% ▼ $1.18 ▼ $358.156M ▼
Q4-2024 $3.146B ▲ $323.314M ▲ $155.454M ▲ 4.941% ▼ $1.55 ▲ $419.854M ▲
Q3-2024 $3.068B $307.415M $152.066M 4.956% $1.5 $412.09M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $52.29M ▲ $8.108B ▼ $4.536B ▼ $3.572B ▼
Q2-2025 $50.901M ▲ $8.241B ▼ $4.586B ▲ $3.655B ▼
Q1-2025 $43.407M ▼ $8.256B ▼ $4.389B ▼ $3.867B ▼
Q4-2024 $46.983M ▼ $8.527B ▲ $4.513B ▲ $4.015B ▲
Q3-2024 $120.002M $8.326B $4.326B $4B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $170.849M ▲ $486.429M ▲ $-91.84M ▲ $-393.2M ▼ $1.389M ▼ $352.357M ▲
Q2-2025 $128.624M ▲ $402.053M ▼ $-174.029M ▲ $-220.53M ▼ $7.494M ▲ $185.574M ▲
Q1-2025 $117.74M ▼ $404.192M ▲ $-225.05M ▼ $-182.718M ▲ $-3.576M ▲ $158.38M ▲
Q4-2024 $155.454M ▲ $317.636M ▼ $-186.178M ▼ $-204.477M ▼ $-73.019M ▼ $93.346M ▼
Q3-2024 $152.066M $338.499M $-72.446M $-199.556M $66.497M $163.116M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Fuel Surcharge
Fuel Surcharge
 $760.00M ▲$360.00M ▼$350.00M ▼$390.00M ▲
Service Excluding Fuel Surcharge
Service Excluding Fuel Surcharge
 $5.33Bn ▲$2.56Bn ▼$2.58Bn ▲$2.67Bn ▲

Five-Year Company Overview

Income Statement

Income Statement J.B. Hunt’s revenue grew strongly coming out of the pandemic, then cooled as the freight market softened. Profitability also stepped down from the peak years but remains clearly positive. The business is still earning healthy operating and net profits, just not at the exceptional levels seen during the freight boom. Overall, the income statement shows a mature, cyclical company: earnings rise sharply in strong markets and compress when demand and pricing normalize, but the company stays profitable through the cycle.

Balance Sheet

Balance Sheet The balance sheet shows a larger, more asset‑rich company than a few years ago, reflecting investments in equipment, containers, and supporting infrastructure. Debt has increased but is balanced by steady growth in shareholders’ equity, suggesting leverage is kept at a deliberate, manageable level. Cash on hand is lean, which is typical for a capital‑intensive, cash‑generative operator that relies on ongoing cash flows and credit access rather than large idle balances. Overall, the financial foundation looks solid and built to support scale.

Cash Flow

Cash Flow Cash generation from day‑to‑day operations is a key strength: the company consistently brings in substantial operating cash. Over the last few years, J.B. Hunt poured a lot of that cash into fleet, containers, and technology, which temporarily squeezed free cash flow, even turning it negative for a period. More recently, investment levels have eased a bit, and free cash flow has improved again. The pattern suggests J.B. Hunt went through a heavy investment phase and is now moving back toward a better balance between growth spending and surplus cash generation.

Competitive Edge

Competitive Edge J.B. Hunt is one of the clear leaders in North American freight, with a particularly strong position in intermodal thanks to its deep, long‑standing partnership with BNSF Railway. Its scale, network density, and mix of services—intermodal, dedicated fleets, brokerage, and final‑mile delivery—create meaningful barriers for smaller players. Dedicated and final‑mile offerings embed the company directly into customers’ operations, making relationships sticky and harder to displace. At the same time, the industry remains price‑competitive and cyclical, with pressure from other large carriers, railroads, and digital freight platforms, so maintaining that advantage requires constant execution and innovation.

Innovation and R&D

Innovation and R&D Innovation is a major pillar of J.B. Hunt’s strategy. The J.B. Hunt 360° digital platform and related programs like 360box help match loads more efficiently, deepen relationships with shippers and carriers, and create data advantages over time. New offerings such as Quantum, a premium intermodal service, aim to pull time‑sensitive freight off the highway and onto rail by improving speed and reliability. The company is also leaning into future trends: pilots of electric and alternative‑fuel trucks, work with Waymo on autonomous trucking, and AI‑driven logistics startups through its venture lab. These efforts could enhance efficiency, service quality, and environmental performance, but they are long‑term bets that require ongoing investment and careful execution.

Summary

Overall, J.B. Hunt looks like a scaled, tech‑forward transportation and logistics leader navigating a downshift from an unusually strong freight cycle back toward more normal conditions. The income statement shows earnings coming off their highs but remaining solidly positive. The balance sheet underpins a large and growing asset base with measured use of debt, while cash flows reflect a business that can reliably fund operations and sizable investments. Its competitive edge rests on intermodal leadership, deep customer integration, and a growing technology ecosystem that makes its network more efficient and sticky. Key things to watch include how margins recover as freight conditions change, how quickly customers adopt its premium and digital services, and whether its big bets in technology and sustainability translate into durable cost and service advantages over time.

NEWS

October 22, 2025 · 5:00 PM UTC

J. B. Hunt Transport Services, Inc. Announces Quarterly Dividend and New $1 Billion Share Repurchase Authorization

Read more

October 15, 2025 · 4:05 PM UTC

J.B. Hunt Transport Services, Inc. Reports U.S. GAAP Revenues, Net Earnings and Earnings Per Share for the Third Quarter 2025

Read more

October 1, 2025 · 4:15 PM UTC

J.B. Hunt Transport Services, Inc. Announces Third Quarter 2025 Earnings Release Date and Conference Call Information

Read more