Saturday 17 October 2026
Export JBHT’s income statement to Excel — free account
J.B. Hunt Transport Services, Inc.
JBHT Industrials Integrated Freight & Logistics
J.B. Hunt Transport Services, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $12.0 billion, down 0.73% from fiscal 2024. In the quarter to June 2026, revenue grew 19.4%, EPS grew 45.8%, free cash flow grew 29.8% and total debt fell 33.4%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.
228.78
6.53
−2.78%
Follow JBHT
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 63.58 | 83.35 | 88.38 | 83.64 | 75.29 | 133.36 | 153.92 | 163.66 | 153.12 | 122.79 |
Analyst estimates 2026–2028 Powerpack |
|||
| High | 102.38 | 116.84 | 131.74 | 122.29 | 144.35 | 206.84 | 218.18 | 209.21 | 219.51 | 204.43 | |||||
| People | |||||||||||||||
| People | Employees | 22,190 | 24,681 | 23,410 | 29,056 | 30,309 | 33,045 | 37,151 | 29,114 | 33,646 | 31,750 | ||||
| Revenue/emp, $m | 0.30 | 0.29 | 0.37 | 0.32 | 0.32 | 0.37 | 0.40 | 0.44 | 0.36 | 0.38 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 6,555 | 7,190 | 8,615 | 9,165 | 9,637 | 12,168 | 14,814 | 12,830 | 12,087 | 11,999 | ||||
| Gross margin, % | 42.45 | 40.81 | 39.67 | 41.90 | 41.41 | 39.61 | 40.42 | 44.40 | 46.01 | 46.23 | |||||
| EBT | 696 | 595 | 641 | 681 | 666 | 1,000 | 1,281 | 935 | 760 | 794 | |||||
| EBT margin, % | 10.61 | 8.28 | 7.44 | 7.43 | 6.91 | 8.22 | 8.65 | 7.29 | 6.28 | 6.62 | |||||
| Net income | 432 | 686 | 490 | 516 | 506 | 761 | 969 | 728 | 571 | 598 | |||||
| Depreciation | 362 | 384 | 436 | 499 | 527 | 557 | 645 | 738 | 761 | 715 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 58.28 | 65.37 | 78.76 | 85.39 | 91.17 | 115.49 | 142.25 | 124.03 | 118.56 | 123.59 | ||||
| Earnings | 3.81 | 6.18 | 4.43 | 4.75 | 4.74 | 7.14 | 9.21 | 6.97 | 5.56 | 6.12 | |||||
| Cash flow | 7.59 | 7.78 | 9.95 | 10.23 | 10.62 | 11.62 | 17.06 | 16.87 | 14.55 | 17.29 | |||||
| Capex | (4.31) | (4.64) | (8.10) | (6.41) | (5.68) | (8.32) | (13.75) | (15.47) | (6.62) | (5.92) | |||||
| Free cash flow | 3.28 | 3.13 | 1.85 | 3.82 | 4.94 | 3.29 | 3.31 | 1.40 | 7.93 | 11.37 | |||||
| Book value | 12.57 | 16.72 | 19.21 | 21.12 | 24.60 | 29.59 | 35.21 | 39.67 | 39.38 | 36.72 | |||||
| Shares, m | 112 | 110 | 109 | 107 | 106 | 105 | 104 | 103 | 102 | 97 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 25.33 | 18.75 | 20.96 | 24.43 | 28.83 | 28.63 | 18.76 | 28.05 | 30.69 | 31.65 | ||||
| P/S | 1.66 | 1.78 | 1.18 | 1.37 | 1.50 | 1.77 | 1.21 | 1.58 | 1.44 | 1.57 | |||||
| P/B | 7.70 | 6.94 | 4.84 | 5.53 | 5.56 | 6.91 | 4.90 | 4.93 | 4.33 | 5.29 | |||||
| EV/Sales | 1.85 | 1.96 | 1.31 | 1.53 | 1.61 | 1.85 | 1.30 | 1.69 | 1.56 | 1.69 | |||||
| EV/FCF | 32.84 | 40.88 | 55.93 | 34.24 | 29.66 | 64.81 | 55.86 | 150.58 | 23.28 | 18.41 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 854 | 855 | 1,088 | 1,098 | 1,123 | 1,224 | 1,777 | 1,745 | 1,483 | 1,678 | ||||
| Capex | (485) | (511) | (885) | (688) | (601) | (877) | (1,432) | (1,600) | (674) | (575) | |||||
| Free cash flow | 369 | 345 | 202 | 410 | 522 | 347 | 345 | 144 | 809 | 1,103 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 373 | 417 | 151 | 446 | 757 | 584 | 644 | 509 | 93 | (331) | ||||
| Total debt | 986 | 1,086 | 1,149 | 1,340 | 1,353 | 1,301 | 1,348 | 1,576 | 1,478 | 1,467 | |||||
| Net debt | 980 | 1,071 | 1,142 | 1,305 | 1,040 | 946 | 1,296 | 1,523 | 1,431 | 1,450 | |||||
| Shareholders’ equity | 1,414 | 1,839 | 2,101 | 2,267 | 2,600 | 3,118 | 3,667 | 4,104 | 4,015 | 3,565 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 11.40 | 16.31 | 10.25 | 9.78 | 8.88 | 11.96 | 13.30 | 8.90 | 6.76 | 7.37 | ||||
| ROIC | 18.82 | 13.40 | 13.13 | 12.84 | 12.24 | 16.08 | 16.77 | 11.03 | 9.54 | 10.78 | |||||
| ROE | 31.84 | 42.19 | 24.85 | 23.64 | 20.79 | 26.61 | 28.58 | 18.74 | 14.06 | 15.79 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
J.B. Hunt Transport Services, Inc. vs peers in Integrated Freight & Logistics (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| UPS United Parcel Service, Inc. | $83.2B | 18.1× | 15.3× | +7.60% (above 0%: growing) | −52.98% (below 0%: shrinking) | +137.65% (above 0%: growing) | 75.16% | 4.07% | Compare |
| FDX FedEx Corporation | $70.0B | 15.8× | 15.5× | +12.54% (above 0%: growing) | −4.07% (below 0%: shrinking) | +62.20% (above 0%: growing) | 69.62% | 6.20% | Compare |
| EXPD Expeditors International of Washington, Inc. | $25.8B | 28.4× | 23.6× | +32.07% (above 0%: growing) | +50.37% (above 0%: growing) | +2.03% (above 0%: growing) | 30.99% | 9.98% | Compare |
| JBHT J.B. Hunt Transport Services, Inc. | $22.1B | 32.4× | 38.8× | +19.37% (above 0%: growing) | +45.80% (above 0%: growing) | +29.82% (above 0%: growing) | 41.31% | 7.42% | |
| CHRW C.H. Robinson Worldwide, Inc. | $16.1B | 26.3× | 30.2× | +19.28% (above 0%: growing) | +24.41% (above 0%: growing) | −91.47% (below 0%: shrinking) | 14.96% | 5.18% | Compare |
| ZTO ZTO Express (Cayman) Inc. | $11.0B | 10.6× | 11.3× | +29.83% (above 0%: growing) | +73.53% (above 0%: growing) | +121.35% (above 0%: growing) | 25.66% | 22.19% | Compare |
| LSTR Landstar System, Inc. | $5.9B | 44.5× | 38.6× | +18.09% (above 0%: growing) | +20.00% (above 0%: growing) | −950.32% (below 0%: shrinking) | 21.71% | 4.62% | Compare |
| GXO GXO Logistics, Inc. | $5.3B | 41.0× | 26.3× | +4.30% (above 0%: growing) | −4.35% (below 0%: shrinking) | +127.91% (above 0%: growing) | 14.76% | 2.24% | Compare |
| PBI Pitney Bowes Inc. | $2.4B | 13.6× | 11.1× | −2.25% (below 0%: shrinking) | +117.65% (above 0%: growing) | +37.11% (above 0%: growing) | 53.66% | 23.66% | Compare |
| Median of peers | $13.5B | 22.2× | 19.6× | +15.32% | +22.21% | +49.66% | 28.33% | 5.69% |
JBHT metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
J.B. Hunt Transport Services, Inc. (JBHT) key facts
- Concern: J.B. Hunt Transport Services, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $12.0 billion, down 0.73% from fiscal 2024.
- J.B. Hunt Transport Services, Inc. (JBHT) is an Integrated Freight & Logistics company in the Industrials sector, listed on Nasdaq.
- As of October 16, 2026, JBHT traded at $228.78, a market capitalization of $22.1 billion.
- J.B. Hunt Transport Services, Inc. pays an annual dividend of $1.79 per share, a yield of 0.78%, with a payout ratio of 25.4%.
- Return on equity was 15.8% and debt-to-equity 0.31.
- Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 5.80 (safe zone) for fiscal 2025.