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Not Investment Advice

JBHT

NASDAQ · USD
J.B. Hunt Transport Services, Inc.
Industrials · Integrated Freight & Logistics
CEO Shelley Simpson Employees 31,750 R&D / revenue 0.0%
Last price
$228.78−2.78%last session
Market cap
$21.5B
P/E (TTM)
32.1x
From 52w high
−23.7%
From 52w low
+45.0%
1-year return
+35.3%
RSI 14 · vs SMA200
41.7 · −6.6%
IS score
65.4/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

JBHT   SPY   XLI (sector ETF) · weekly closes
100120140160Jan 26Apr 26Jul 26Oct 26JBHT 135SPY 116XLI 111

Score DNA

Each bar is a 0-100 score within the scored universe
35
Profitability
59
Growth
36
Value
86
Momentum
100
Risk (safety)
76
Quality
69
Balance sheet
66
Earnings quality

Flags

Strengths
✓ Piotroski 8+✓ FCF yield 5%+
Warnings
None of the computed warning flags fires for JBHT (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Weak, Efficient ScalePiotroski 8 / 9Altman Z 7.3Beta 1.292 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
7 open-market sales, $4.7M
Form 144 notices (12m): 25, $15.2M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
0
No disclosed purchases
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+92
161 new holders, 61 closed
862 filers hold 77.2% · 356 added, 236 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+189
992 funds adding shares
803 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
64.1%
20-day avg 55.9%, 50-day avg 60.1%
Latest 8.2 pp over its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$12.0B
Revenue growth YoY−0.7%
Gross margin10.5%
Operating income$865.1M
Operating margin7.2%
Net income$598.3M
Net margin5.0%
EPS (diluted)$6.12
Cash flow
Operating cash flow$1.7B
Capital expenditure$730.7M
Free cash flow$947.6M
FCF conversion (FCF / OCF)56.5%
Stock-based compensation$71.8M
FCF less SBC$875.8M
Buybacks$948.4M
Dividends$171.0M
Balance sheet & returns
Cash & short-term investments$17.3M
Total debt$1.7B
Net debt$1.7B
Shareholders' equity$3.6B
Goodwill & intangibles$210.4M
Debt / equity0.31
ROE (TTM)18.7%
ROIC (TTM)11.1%
Operating margin by fiscal year
8.6%FY20219.0%FY20227.7%FY20236.9%FY20247.2%FY2025
Revenue $12.2B (FY2021) to $12.0B (FY2025), a -0.3% CAGR.

Valuation

P/E (TTM)32.1x
EV / EBITDA13.7x
Price / sales1.61x
Price / FCF19.5x
FCF yield5.12%
Buyback yield4.41%
SBC / revenue0.5%
Price / book5.96x
Forward P/E FY202631.4x
Forward P/E FY202723.1x
Forward P/E FY202819.1x
Forward multiples divide today's price by Street EPS estimates. Street mean target $282.93 across 14 analysts last quarter is theirs, not ours.

JBHT vs industry median

66 companies in Integrated Freight & Logistics
Gross margin 15.0% 15.0% Operating margin 7.2% 3.6% Net margin 5.1% 2.7% ROIC 11.1% 4.7%
JBHT (TTM)Industry median Asset turnover 1.65 vs industry 1.23 · financial leverage 2.23

Earnings delivery

Next report 2027-01-21 · consensus EPS $2.06
58%
beat rate, 7 of 12 quarters
+0.7%
median EPS surprise
7
longest beat streak
-6-2-16-20-13+6+2+1+21+5+3+1
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-07-18 to 2026-10-15. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
JBHT J.B. Hunt Transport Services $21.5B32.1x18.7%5.1%−0.7% +35.3%
EXPD Expeditors International of $25.5B28.4x42.6%7.6%+6.8% +66.5%
FDXF FedEx Freight Holding Compan $16.9B29.3x-31.8%6.4%— −25.0%
CHRW C.H. Robinson Worldwide, Inc $16.3B26.3x37.1%3.8%−0.1% +11.2%
FDX FedEx Corporation $69.5B16.0x14.8%6.4%+7.7% +55.9%
UPS United Parcel Service, Inc. $73.1B18.1x29.7%2.6%−0.3% —
LSTR Landstar System, Inc. $5.8B44.5x15.0%3.4%+3.8% —
GXO GXO Logistics, Inc. $5.4B41.2x4.4%0.7%+7.6% —
12-month window: SPY +15.9%, sector ETF XLI +10.7%. Past returns describe history only.

Recent 8-K filings

2026-10-15Earnings Release; Exhibits
2026-07-15Earnings Release; Exhibits
2026-04-24Shareholder Vote
2026-04-15Earnings Release; Exhibits
2026-03-05Regulation FD Disclosure; Other Events; Financial Statements and Exhibits
2026-01-15Results of Operations and Financial Condition; Financial Statements and Exhibits

Context

Shares outstanding93,914,900
Free float78.1%
Institutional ownership77.2%
Beta1.29
Dividend yield0.78%
Last dividend$0.45 on 2026-08-07
50 / 200-day average$252.37 / $244.85
Large-cap Industrials median P/E29.8x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Weak).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where JBHT sits among 13 scored companies in Integrated Freight & Logistics (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureJBHTIndustry medianIndustry percentileSector median
P/E (TTM) 31.9x 25.7x
70th		 25.4x
PEG (P/E ÷ 3-yr EPS CAGR) —
Price / sales 1.7x 1.0x
75th		 2.0x
Price / book 5.9x 3.5x
67th		 2.9x
Price / tangible book 7.9x 7.9x
50th		 5.6x
Price / free cash flow 19.5x 14.1x
60th		 20.8x
Price / operating cash flow 13.5x 12.0x
55th		 14.5x
Enterprise value $22.6B $10.8B
67th		 $4.8B
EV / sales 1.8x 1.1x
67th		 2.4x
EV / EBITDA 13.8x 13.5x
56th		 13.6x
EV / EBIT 24.6x 20.4x
78th		 19.9x
EV / free cash flow 20.6x 24.0x
40th		 24.3x
Earnings yield 3.1% 3.6%
42nd		 3.3%
FCF yield 5.1% 5.1%
50th		 3.8%
Operating cash flow yield 7.4% 7.4%
50th		 6.2%
Graham number (per share) $78.47 $46.25
88th		 $38.21

Profitability (TTM)

MeasureJBHTIndustry medianIndustry percentileSector median
Gross margin 15.0% 16.6%
25th		 30.5%
EBITDA margin 12.9% 5.9%
92nd		 14.3%
Operating margin 7.5% 4.9%
75th		 9.8%
EBIT margin 7.2% 4.0%
75th		 9.9%
Net margin 5.3% 3.7%
75th		 6.0%
NOPAT margin 5.7% 4.0%
75th		 7.8%
FCF margin 8.7% 3.5%
92nd		 7.0%
Operating cash flow margin 12.6% 4.3%
92nd		 11.2%
R&D / revenue 0.0% 0.0%
0th		 0.0%
SG&A / revenue 3.3% 5.2%
25th		 14.1%
Stock comp / revenue 0.6% 0.3%
75th		 0.6%
Effective tax rate 24.2% 23.5%
67th		 21.0%

Returns on capital

MeasureJBHTIndustry medianIndustry percentileSector median
ROE (on average equity) 18.4% 14.8%
70th		 11.9%
ROA 8.3% 4.8%
83rd		 4.8%
ROIC 15.1% 8.0%
67th		 8.7%
ROCE 14.2% 7.8%
67th		 9.4%
Return on tangible assets 11.4% 6.7%
67th		 7.9%
Cash ROIC (OCF / invested capital) 33.2% 14.6%
83rd		 12.8%
Gross profitability (GP / assets) 25.0% 25.0%
50th		 19.2%
ROIC, 3-yr average 10.5% 8.0%
64th		 7.8%
ROIC, 5-yr average 14.7% 10.4%
60th		 8.6%
ROE, 5-yr average 19.7% 17.4%
56th		 12.5%
Incremental ROIC -53.2% -2.1%
36th		 20.5%

Growth

MeasureJBHTIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 5.3% 1.7%
73rd		 8.6%
Revenue growth (QoQ) 14.4% 11.0%
55th		 9.9%
Revenue CAGR, 3 yr -2.8% -3.9%
55th		 5.0%
Revenue CAGR, 5 yr 3.4% 1.0%
90th		 8.3%
Gross profit CAGR, 3 yr -6.0% -3.2%
36th		 6.5%
Operating income CAGR, 3 yr -7.1% -6.1%
44th		 6.4%
Net income growth (TTM YoY) 21.8% 8.5%
78th		 11.3%
Net income CAGR, 3 yr -7.7% -7.7%
50th		 6.6%
EPS growth (TTM YoY) 27.3% 10.3%
78th		 13.3%
EPS CAGR, 3 yr -4.7% -4.7%
50th		 5.6%
EPS CAGR, 5 yr 4.9% 1.8%
75th		 8.3%
FCF growth (TTM YoY) 83.2% 62.1%
70th		 14.7%
FCF CAGR, 3 yr 91.1% -19.8%
100th		 12.2%
Operating cash flow CAGR, 3 yr -8.6% -14.0%
55th		 8.8%
Book value CAGR, 3 yr 1.0% 2.3%
44th		 7.3%
Dividend CAGR, 3 yr 2.4% 2.5%
43rd		 2.7%
Sustainable growth rate 13.8% 8.0%
75th		 11.0%

Margin history & stability

MeasureJBHTIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 16.6% 17.1%
36th		 30.6%
Operating margin, 3-yr average 7.0% 4.6%
73rd		 10.0%
Net margin, 3-yr average 4.9% 3.2%
82nd		 6.2%
FCF margin, 3-yr average 5.1% 4.4%
82nd		 7.1%
Revenue stability (0-1) 0.19 0.25
45th		 0.81
Earnings stability (0-1) 0.12 0.21
27th		 0.47
Margin stability (0-1) 0.93 0.89
73rd		 0.90

Liquidity (latest quarter)

MeasureJBHTIndustry medianIndustry percentileSector median
Cash & short-term investments $4.2M $278.8M
0th		 $249.6M
Net cash (− = net debt) −$1.1B −$1.8B
58th		 −$666.5M
Working capital $368.7M $368.7M
50th		 $376.4M
Current ratio 1.26 1.48
25th		 1.79
Quick ratio 1.26 1.47
25th		 1.33
Cash ratio (cash + ST investments / current liabilities) 0.00 0.25
0th		 0.32
Defensive interval (days) 520 days 669 days
17th		 614 days

Leverage & solvency (latest quarter)

MeasureJBHTIndustry medianIndustry percentileSector median
Total debt $1.1B $2.0B
42nd		 $919.8M
Debt / equity 0.31 0.40
33rd		 0.65
Net debt / equity 0.31 0.27
56th		 0.46
Debt / assets 14.4% 33.8%
17th		 29.3%
Debt / capital 23.8% 28.5%
33rd		 39.5%
Debt / EBITDA 0.70 2.10
22nd		 2.44
Net debt / EBITDA 0.70 1.67
22nd		 1.86
Interest coverage (EBIT / interest) 14.0x 7.4x
90th		 5.0x
Cash interest coverage 24.3x 5.6x
90th		 6.1x
Debt payback (years of OCF) 0.7 yrs 3.8 yrs
9th		 3.2 yrs
Liabilities / assets 54.0% 68.0%
33rd		 56.7%
IS credit model rating AA+ — —
Implied credit spread (bps) 65 225
8th		 200

Efficiency

MeasureJBHTIndustry medianIndustry percentileSector median
Asset turnover 1.57 1.26
67th		 0.75
Fixed asset turnover 2.36 3.85
27th		 5.14
Inventory turnover —
Receivables turnover 9.6 6.4
92nd		 6.7
Days sales outstanding 38 days 57 days
8th		 54 days
Days inventory outstanding —
Days payables outstanding 25 days 36 days
33rd		 41 days
Cash conversion cycle (days) 13 days 20 days
25th		 63 days
Capex / revenue 3.9% 1.3%
83rd		 3.0%
Capex / depreciation 0.69 0.68
58th		 0.76
Operating expense ratio 2.7% 13.2%
0th		 17.7%

Cash flow & earnings quality

MeasureJBHTIndustry medianIndustry percentileSector median
Operating cash flow / net income 2.37 1.53
80th		 1.50
FCF / net income 1.63 1.15
80th		 1.15
FCF / operating cash flow 68.9% 73.1%
36th		 74.0%
Capex / operating cash flow 31.1% 26.9%
64th		 26.1%
Accruals ratio -11.4% -3.4%
8th		 -4.0%
Sloan accruals ratio -1.3% -3.5%
67th		 -2.4%
Earnings quality score (0-1) 0.75 1.00
10th		 1.00

Dividends & buybacks

MeasureJBHTIndustry medianIndustry percentileSector median
Dividend yield 0.8% 0.8%
42nd		 0.6%
Dividend per share (TTM) $1.79 $0.50
67th		 $0.44
Payout ratio (dividends / net income) 25.1% 28.6%
40th		 22.5%
Dividends / FCF 15.4% 22.6%
40th		 19.6%
Dividend growth (YoY) 1.9% 2.7%
29th		 5.6%
Buyback yield 2.7% 1.1%
75th		 0.5%
Shareholder yield (dividends + buybacks) 3.5% 3.4%
58th		 2.0%
Share count change (YoY) -4.3% -0.6%
9th		 0.0%
Buybacks, last 5 years $3.6B $696.6M
83rd		 $76.0M

Scores & forensic checks

MeasureJBHTIndustry medianIndustry percentileSector median
IS score 65 50
100th		 53
IS profitability 35 29
67th		 37
IS growth 59 49
82nd		 54
IS value 36 37
42nd		 47
IS momentum 86 70
91st		 76
IS risk (safety) 100 65
67th		 80
IS quality 76 63
92nd		 67
IS balance sheet 69 51
75th		 56
IS earnings quality 66 72
33rd		 70
IS cash flow 73 59
92nd		 54
Piotroski F-score (0-9) 8 6
92nd		 6
Altman Z-score 7.3 3.0
75th		 3.3
Beneish M-score −2.34 −2.50
73rd		 −2.52
Ohlson O-score −8.28 −7.18
0th		 −7.49
IS credit score 94 64
83rd		 65

Per share

MeasureJBHTIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $7.10 $1.74
92nd		 $2.21
Book value per share $38.52 $15.96
92nd		 $18.38
Tangible book per share $38.39 $6.32
92nd		 $4.39
Revenue per share $133.78 $90.68
75th		 $36.64
FCF per share $11.58 $3.88
92nd		 $2.70
Operating cash flow per share $16.80 $4.40
92nd		 $4.28
Cash per share $0.04 $4.29
0th		 $3.02

Size (TTM)

MeasureJBHTIndustry medianIndustry percentileSector median
Market cap $21.5B $5.8B
75th		 $3.9B
Revenue $12.7B $5.0B
67th		 $2.7B
EBITDA $1.6B $463.1M
83rd		 $394.8M
Net income $674.5M $158.0M
75th		 $136.3M
Free cash flow $1.1B $421.4M
83rd		 $162.9M
Total assets $7.9B $5.1B
75th		 $3.5B
Shareholders' equity $3.7B $1.6B
83rd		 $1.4B
Employees 31,750 11,599
67th		 6,050

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-06-05Keefauver David
EVP of People
 Open-market sale 703$285.13$200,444790
2026-06-05Webb Brian
EVP- Final Mile Services
 Open-market sale 1,500$284.01$426,01515,881
2026-06-02Garrison Earl Wayne
Honorary Founding Director
 Gift 76,744——1,108,000
2026-05-29Hobbs Nicholas
EVP and COO
 Gift 6,204——85,532
2026-05-28Robo James L
Director
 Other 37,856$270.24$10.2M80,113
2026-05-19Frazier Spencer
EVP of Sales and Marketing
 Open-market sale 2,000$258.20$516,4064,604
2026-05-15Hicks Bradley W.
President of DCS
 Open-market sale 7,644$261.91$2.0M23,982
2026-05-14Field Darren P.
EVP and President Intermodal
 Open-market sale 4,000$254.49$1.0M8,696
2026-05-05Delco Albert Brad
EVP & CFO
 Gift 98——6,885
2026-04-23Robo James L
Director
 Award / grant 1,359$253.71$344,79242,257
2026-04-23Hill Thad
Director
 Award / grant 1,320$253.71$334,89710,025
2026-04-23Lisboa Persio V
Director
 Award / grant 1,241$253.71$314,8547,203

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprMayJun

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired67,415$1.9M
GiftDisposed383,046—
Open-market saleDisposed718,119$4.7M
OtherAcquired137,856$10.2M
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 25 notices · 71,171 shares · $15.2M
FiledFilerShares proposedEst. proceeds
2026-06-05Keefauver David739$210,637
2026-06-05Brian Webb1,500$426,015
2026-05-20Spencer O Frazier2,000$516,406
2026-05-14Field Darren P.4,000$1.0M
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 1 trades (0 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-04Ro KhannaHouseSale$1,001 - $15,0002026-10-09
2025-08-04Ro KhannaHousePurchase$1,000 - $15,0002025-09-12
2025-04-01Julie JohnsonHouseSale$1,001 - $15,0002025-05-15
2025-03-31Julie JohnsonHouseSale (Full)$1,001 - $15,0002025-05-15
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.6,335,217$1.8B6.75%
VANGUARD CAPITAL MANAGEMENT LLC4,900,043$1.4B5.22%
STATE STREET CORP3,991,314$1.2B4.25%
VANGUARD PORTFOLIO MANAGEMENT LLC3,836,312$1.1B4.08%
Jupiter Topco LLC3,079,671$891.3M3.28%
GEODE CAPITAL MANAGEMENT, LLC2,082,691$600.5M2.22%
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main2,063,909$597.4M2.20%
Invesco Ltd.1,715,945$496.6M1.83%
JPMORGAN CHASE & CO1,369,270$394.2M1.46%
DIMENSIONAL FUND ADVISORS LP1,026,141$297.0M1.09%
NORGES BANK1,015,081$293.8M1.08%
BARROW HANLEY MEWHINNEY & STRAUSS LLC993,612$287.6M1.06%
Corient Private Wealth LP893,003$258.5M0.95%
Artemis Investment Management LLP784,932$227.2M0.84%
PARK PRESIDIO CAPITAL LLC753,536$218.1M0.80%

Institutional ownership by quarter

2023-092026-0677.2%
% of shares held by 13F filers
2023-092026-06862
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-3086277.2%16135623661
2026-03-3177075.2%11932021960
2025-12-3172574.4%16225122461
2025-09-3063675.5%9023521865
2025-06-3062176.9%11325218972
2025-03-3158878.6%75228213102
2024-12-3162280.2%8422121070
2024-09-3062178.0%8622921566
2024-06-3060579.7%83214233103
2024-03-3163281.3%8523221264
2023-12-3161781.4%10220622054
2023-09-3057882.3%5919621158

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2025-04-07SCHEDULE 13G/AThe Vanguard Group10.0%10,048,462
2025-02-14SCHEDULE 13G/AT. Rowe Price Investment Management, Inc.3.5%3,493,695
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.02%$534.1M
VTSAX0.02%$534.1M
VSMPX0.02%$534.1M
VTI0.02%$534.1M
VOO0.03%$436.4M
VFINX0.03%$436.4M

Share structure

Shares outstanding93,914,900
Float73,300,861
Free float78.1%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$12.2B$14.8B$12.8B$12.1B$12.0B
Cost of revenue$10.3B$12.3B$10.6B$10.0B$10.7B
Gross profit$1.9B$2.5B$2.2B$2.1B$1.3B
R&D$0$0$0$0$0
SG&A$395.5M$570.2M$632.6M$664.0M$281.5M
Operating income$1.0B$1.3B$993.2M$831.2M$865.1M
EBITDA$1.6B$2.0B$1.7B$1.6B$1.6B
Pretax income$999.8M$1.3B$934.9M$759.5M$794.1M
Income tax$239.0M$312.0M$206.6M$188.6M$195.8M
Net income$760.8M$969.4M$728.3M$570.9M$598.3M
EPS, diluted$7.14$9.21$6.97$5.56$6.12
Diluted shares106.6M105.3M104.5M102.8M97.7M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$355.5M$51.9M$53.3M$47.0M$17.3M
Receivables$1.7B$1.9B$1.6B$1.5B$1.4B
Inventory$25.0M$40.6M$42.2M$41.7M$42.2M
Total current assets$2.3B$2.2B$2.0B$1.8B$1.6B
PP&E, net$4.3B$5.3B$6.1B$6.0B$5.8B
Goodwill & intangibles$191.1M$236.4M$268.0M$231.0M$210.4M
Total assets$7.0B$8.0B$8.8B$8.5B$8.1B
Accounts payable$772.7M$798.8M$737.4M$645.9M$655.6M
Total current liabilities$1.7B$1.6B$1.5B$1.7B$1.9B
Long-term debt$945.3M$1.3B$1.3B$977.7M$935.0M
Total liabilities$3.8B$4.3B$4.7B$4.5B$4.6B
Shareholders' equity$3.1B$3.7B$4.1B$4.0B$3.6B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$760.8M$969.4M$728.3M$570.9M$598.3M
Depreciation & amortization$557.1M$644.5M$738.0M$761.1M$714.8M
Stock-based compensation$61.5M$77.5M$79.2M$65.7M$71.8M
Change in working capital−$269.6M−$148.0M$58.0M$60.6M$171.7M
Operating cash flow$1.2B$1.8B$1.7B$1.5B$1.7B
Capital expenditure−$947.6M−$1.5B−$1.9B−$865.4M−$730.7M
Free cash flow$276.3M$236.1M−$117.8M$617.8M$947.6M
Investing cash flow−$877.0M−$1.6B−$1.7B−$663.7M−$574.8M
Net debt issued / repaid$0−$32.5M$312.5M−$100.0M−$13.7M
Buybacks−$180.2M−$331.2M−$196.6M−$550.3M−$948.4M
Dividends paid−$124.4M−$166.7M−$173.9M−$175.5M−$171.0M

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin15.4%16.7%17.2%17.1%14.7%
Operating margin8.6%9.0%7.7%6.9%7.2%
Net margin6.3%6.5%5.7%4.7%5.0%
FCF margin2.3%1.6%-0.9%5.1%7.9%
ROE26.6%28.6%18.7%14.1%15.8%
ROIC18.7%19.4%12.9%10.9%12.0%
ROA11.7%13.0%8.7%6.6%7.2%
Debt / equity0.480.430.470.450.53
Interest coverage22.9x26.6x17.2x11.7x12.2x
Current ratio1.331.411.351.060.83
Revenue growth+26.3%+21.7%−13.4%−5.8%−0.7%
EPS growth+50.9%+29.3%−24.4%−20.6%+12.8%
P/E at year end27.5x18.3x28.0x30.4x31.0x
EV / EBITDA at year end13.7x9.7x12.8x11.9x12.9x
FCF yield at year end1.32%1.33%-0.58%3.56%5.11%
Dividend payout16.4%17.2%23.9%30.7%28.6%

Revenue by segment

FY2022FY2023FY2024FY2025
Service Excluding Fuel Surcharge$12.4B$11.0B$10.6B$10.5B
Fuel Surcharge$2.4B$1.9B$1.5B$1.5B

Street estimates by fiscal year

Next report 2027-01-21 · consensus EPS $2.06 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$13.9B$13.5B – $14.4B$7.28$7.04 – $7.561531.4x
2027$15.4B$14.5B – $17.2B$9.90$9.21 – $10.511723.1x
2028$16.8B$15.3B – $19.0B$12.01$10.16 – $13.56819.1x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-10-15$1.81$1.82+0.6%$3.6B$3.7B+2.3%
2026-04-15$1.45$1.49+2.8%$3.0B$3.1B+3.4%
2026-01-15$1.81$1.90+5.0%$3.1B$3.1B−0.6%
2025-10-15$1.46$1.76+20.5%$3.0B$3.1B+1.2%
2025-07-15$1.30$1.31+0.8%$2.9B$2.9B+0.4%
2025-04-15$1.15$1.17+1.7%$2.9B$2.9B+0.8%
2024-10-15$1.41$1.49+5.7%$3.0B$3.1B+2.2%
2024-07-16$1.52$1.32−13.2%$3.0B$2.9B−3.0%
2024-04-16$1.52$1.22−19.7%$3.1B$2.9B−5.4%
2024-03-04$1.75$1.47−16.0%—$3.3B—
2023-10-17$1.83$1.80−1.6%$3.2B$3.2B−1.1%
2023-07-18$1.92$1.81−5.7%$3.3B$3.1B−5.4%
2023-04-17$2.00$1.89−5.5%$3.4B$3.2B−5.1%
2022-10-18$2.45$2.57+4.9%$3.8B$3.8B+0.9%
2022-07-19$2.35$2.42+3.0%$3.6B$3.8B+6.7%
2022-04-18$1.94$2.29+18.0%$3.3B$3.5B+5.9%
2021-10-15$1.77$1.88+6.2%$3.0B$3.1B+4.4%
2021-07-19$1.57$1.61+2.5%$2.7B$2.9B+8.3%
2021-04-15$1.17$1.37+17.1%$2.2B$2.6B+20.6%
2021-01-19$1.29$1.44+11.6%$2.4B$2.7B+13.2%
2020-10-16$1.28$1.18−7.8%$2.7B$2.5B−7.8%
2020-07-16$0.83$1.14+37.3%$1.6B$2.1B+37.3%
2020-04-14$0.98$0.980.0%$2.3B$2.3B0.0%
2019-10-15$1.45$1.40−3.4%$2.4B$2.4B−3.4%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.406-150.406-220.406-290.407-060.707-130.507-200.507-270.308-030.408-100.308-170.308-240.408-31
Week ofNotionalSharesTrades
2026-08-31$366.5M1,387,28643,042
2026-08-24$269.9M1,029,58436,432
2026-08-17$302.7M1,087,85738,409
2026-08-10$411.0M1,497,07145,666
2026-08-03$279.8M1,032,86540,663
2026-07-27$492.4M1,793,22055,481

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1564.1%
DateShort shareShort volumeTotal volume
2026-10-1564.1%343,409535,459
2026-10-1447.5%274,979578,720
2026-10-1344.8%194,493433,926
2026-10-1243.1%160,276371,947
2026-10-0959.1%148,027250,603
2026-10-0873.1%285,255390,132
2026-10-0753.9%126,948235,465
2026-10-0658.5%171,987293,917
2026-10-0566.0%237,910360,557
2026-10-0256.1%262,826468,201
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+2.4Jan+0.8Feb+1.7Mar+0.4Apr+1.9May+0.3Jun+1.7Jul-1.2Aug-1.4Sep+4.4Oct+3.2Nov+1.2Dec
MonthAvg returnUp yearsYears
Jan+2.4%60%20
Feb+0.8%60%20
Mar+1.7%48%21
Apr+0.4%60%20
May+1.9%50%20
Jun+0.3%35%20
Jul+1.7%60%20
Aug−1.2%45%20
Sep−1.4%35%20
Oct+4.4%70%20
Nov+3.2%75%20
Dec+1.2%65%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1441.7
MFI52.1
ADX32.1
Stochastic %K / %D74.5 / 68.9
Williams %R-51.9
CCI-5
TSI / signal-21.1 / -26.1
Chaikin money flow0.05
ATR$6.77
Bollinger width7.0%
Volume vs 20-day avg1.59x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$229.66 (−0.4%)
SMA 50$251.60 (−9.1%)
SMA 200$244.92 (−6.6%)
EMA 21$234.29 (−2.4%)
EMA 50$246.34 (−7.1%)
EMA 200$239.67 (−4.5%)
Bollinger upper$237.69 (−3.7%)
Bollinger lower$221.63 (+3.2%)
Parabolic SAR$223.83 (+2.2%)
Open the live chart, 110+ indicators

About J.B. Hunt Transport Services, Inc.

Operating across North America, J.B. Hunt Transport Services, Inc. specializes in ground transportation, last-mile delivery, and comprehensive logistics solutions. Its operations are structured into five distinct divisions: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The Intermodal (JBI) division facilitates freight movement using multiple transport modes. This segment boasts a substantial asset base, including 104,973 company-owned trailers, a self-maintained fleet of 85,649 chassis, 5,612 company-owned tractors, 582 independent contractor vehicles, and a workforce of 6,943 company drivers. Dedicated Contract Services (DCS) focuses on engineering, implementing, and managing bespoke supply chain strategies for diverse transportation requirements. As of December 31, 2021, its fleet comprised 11,139 company-owned trucks, 544 client-owned trucks, and 6 contractor trucks, complemented by 21,069 company-owned trailers and 7,753 customer-owned trailers. Integrated Capacity Solutions (ICS) delivers comprehensive freight brokerage and logistics services. Offerings span specialized transport options such as flatbed, temperature-controlled, expedited, and less-than-truckload (LTL) shipping, alongside standard dry-van and intermodal modalities. This segment also features an online platform connecting various transportation options and offers outsourcing solutions for clients' logistics needs. Final Mile Services (FMS) handles last-stage delivery operations. This is supported by 1,272 company-owned trucks, 272 customer-supplied trucks, 19 independent contractor trucks, 1,036 company-owned trailers, and 185 client-owned trailers. The Truckload (JBT) segment specializes in over-the-road dry-van freight transport, deploying 734 company-owned tractors and 11,172 company-owned trailers. Across its segments, the company facilitates the movement of a diverse array of goods, including consumer products (e.g., general merchandise, specialty items, appliances, food and beverages, soaps and cosmetics, electronics), industrial materials (e.g., forest and paper products, building materials, automotive parts), agricultural products, and chemicals. Established in 1961, the corporation maintains its headquarters in Lowell, Arkansas.

https://www.jbhunt.com

Key executives

NameTitlePayBorn
Shelley SimpsonPresident, Chief Executive Officer & Director$2.1M1972
John N. RobertsExecutive Chairman$1.5M1964
Nicholas HobbsChief Operating Officer, President of Highway & Final Mile Services and Executive Vice President$1.3M1963
Darren FieldExecutive Vice President & President of Intermodal$1.1M1971
John KuhlowSenior VP of Finance & Chief Accounting Officer$1.0M1971
A. Brad DelcoEVice President of Finance & Chief Financial Officer$560,2671984
David KeefauverExecutive Vice President of People—1973
Jennifer R. BoattiniSenior Vice President of Legal & Litigation, General Counsel and Corporate Secretary—1973

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Shelley Simpson President and CEO2025$961,385$6.9M$1.1M$9.0M
John N. Roberts, III Executive Chairman2025$705,619$5.2M$759,627$6.7M
Nicholas Hobb COO, President of Highway and Final Mile Services and EVP2025$747,600$3.0M$553,358$4.3M
Darren Field President of Intermodal, and EVP Intermodal, and EVP2025$635,423$2.7M$470,324$3.9M
John Kuhlow CFO, CAO, and EVP (partial year); CAO2025$578,515$2.3M$428,194$3.3M
Brad Delco CFO and EVP2025$347,539$2.6M$204,308$3.1M

Employees

28k201829k201930k202033k202137k202235k202334k202432k2025

Dividends

Ex-dateAmountPaid
2026-08-07$0.452026-08-21
2026-05-08$0.452026-05-22
2026-02-06$0.452026-02-20
2025-11-07$0.442025-11-21
2025-08-08$0.442025-08-22
2025-05-09$0.442025-05-23
2025-02-07$0.442025-02-21
2024-11-08$0.432024-11-22

Moat model

Weak · Efficient Scale · 2026-06-30
Cost advantage71
Intangibles29
Switching costs17
Network effect40
Efficient scale85
Our component scores (0-100) and overall 44.5; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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