FirmAtlas
Company handbook · JBHT · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
JBHT · CIK 728535 · LATEST FILING: 10-Q JUN '26 · FILED JUL 24, 2026
J.B. HUNT TRANSPORT SERVICES, INC.
$228.78
−6.53 (−2.78%)
Close, Oct 16, 2026 · 52-week $158–300
Last fiscal year
J.B. HUNT TRANSPORT SERVICES, INC. reported revenue of $12.0B for the year ended Dec 31, 2025 (FY25), down 0.7% from FY24. Net income was $598M, operating cash flow $1.7B and free cash flow $948M. Source: 10-K filed Feb 24, 2026.
Market cap
$21.6B
P/E
32.1
EV/EBITDA
14.6x
P/B
5.9
Div yield
0.78%
ROIC
12.5%
Revenue 1Y
−0.7%/yr
EPS 1Y
10.1%/yr
Shares 1Y
−6%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOShelley Simpson
HQLowell, AR
AuditorPricewaterhouseCoopers LLP
Employees8,704
Year endsDecember
Revenue by segment · FY25
JBI50%
DCS28%
ICS9%
FMS7%
JBT6%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
11.1%
3.7%
5.2%
34.9%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$3.4B deployed
Capex
$1.6B
47.3%
Dividends
$347M
10.3%
Buybacks
$1.4B
42.6%
Operating cash flow over the period: $3.2B. Total debt changed by −$11M.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
12,087
11,999−0.7%
12,701
YoY
−0.7%
Operating income
831
865+4.1%
956
Operating margin
6.9%
7.2%+0.3 pp
—
EBITDA
1,592
1,580−0.8%
—
EBITDA margin
13.2%
13.2%−0.0 pp
—
Interest expense
79
75−4.8%
—
Interest coverage
20.15x
21.01x+0.86x
—
Net income
571
598+4.8%
675
YoY
+4.8%
Net margin
4.7%
5.0%+0.3 pp
—
EPS (diluted, $)
5.56
6.12+10.1%
7.07
YoY
+10.1%
Balance sheet
Total assets
8,312
7,927−4.6%
7,945
Cash & short-term investments
47
17−63.2%
—
Accounts receivable
1,224
1,160−5.2%
—
Inventory
42
42+1.3%
—
Net PP&E
5,730
5,538−3.3%
—
Other assets
1,270
1,169−7.9%
—
Total liabilities
4,298
4,362+1.5%
4,288
Total debt
1,478
1,467−0.7%
1,145
Other liabilities
2,820
2,895+2.7%
—
Shareholders’ equity
4,015
3,565−11.2%
3,657
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
1,483
1,678+13.2%
1,595
Net income
571
598+4.8%
—
Depreciation & amortization
761
715−6.1%
—
Stock-based compensation
66
72+9.2%
—
Working capital & other
85
293+243.4%
—
Cash from investing
(664)
(575)n/m
—
Capex
(865)
(731)n/m
—
Acquisitions
4
0−100.0%
—
Investments sold / matured
7
0−100.0%
—
Other investing
191
156−18.4%
—
Cash from financing
(826)
(1,133)n/m
—
Debt raised
0
750n/m
—
Debt repaid
(250)
(500)n/m
—
Dividends
(176)
(171)n/m
—
Buybacks
(514)
(923)n/m
—
Other financing
114
(289)−354.2%
—
Net change in cash
(6)
(30)n/m
—
Free cash flow (OCF − capex)
618
948+53.4%
1,100
Where the cash went
Operating cash flow
1,483
1,678+13.2%
1,595
Reinvested in the business
862
731−15.2%
—
% of operating cash flow
58.1%
43.5%
Capex
865
731−15.6%
496
Acquisitions
(4)
0n/m
—
Free cash flow
618
948+53.4%
1,100
YoY
+53.4%
Returned to shareholders
689
1,094+58.7%
—
% of free cash flow
111.6%
115.5%
Dividends
176
171−2.6%
—
Buybacks
514
923+79.7%
—
Change in total debt
—
(11)
—
Cash left over
—
(158)
—
FCF conversion (FCF ÷ net income)
108.2%
158.4%+50.2 pp
—
Owner earnings
—
646
—
Owner earnings margin
—
5.4%
—
Buyback yield
3.0%
5.0%+2.0 pp
—
Returns & ratios
ROIC (all capital)
11.5%
12.5%+1.0 pp
—
ROIC (operating)
8.9%
9.5%+0.6 pp
—
Net debt / EBITDA
0.90x
0.92x+0.02x
—
Debt / equity
0.37x
0.41x+0.04x
—
ROE
14.2%
16.8%+2.6 pp
—
ROA
6.9%
7.5%+0.7 pp
—
ROCE
12.5%
14.4%+1.9 pp
—
NOPAT
625
652+4.3%
—
Invested capital (operating)
6,996
6,741−3.6%
—
Invested capital (all)
5,445
5,015−7.9%
—
Reinvestment rate
—
−39.1%
—
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
3,053
3,097
3,056
3,495
vs year-ago quarter
Operating income
243
246
207
259
Net income
171
181
142
181
vs year-ago quarter
Net margin
5.6%
5.8%
4.6%
5.2%
EPS (diluted, $)
1.76
1.91
1.49
1.91
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
8,108
7,927
7,931
7,945
Cash & equivalents
52
17
5
4
Total debt
1,602
1,467
1,303
1,145
Shareholders’ equity
3,572
3,565
3,594
3,657
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
486
386
353
370
Capex
134
134
110
117
Free cash flow
352
251
243
253
vs year-ago quarter