J.B. Hunt Transport Services, Inc. (JBHT) vs ZTO Express (Cayman) Inc. (ZTO)

J.B. Hunt Transport Services, Inc. and ZTO Express (Cayman) Inc. are both Integrated Freight & Logistics companies. J.B. Hunt Transport Services, Inc. is the larger, with a market value of $20.4B against $11.4B — 1.8× the size. ZTO Express (Cayman) Inc. trades at the lower P/E: 11.0× against 30.7×. ZTO Express (Cayman) Inc. grew revenue faster over the last twelve months: 24.8% against 10.6%. ZTO Express (Cayman) Inc. has the higher net margin (19.0% vs 5.07%) and the higher return on invested capital (13.0% vs 12.6%). Both pay a dividend; ZTO Express (Cayman) Inc. yields more (1.87% vs 1.02%). Across the 22 metrics below, ZTO Express (Cayman) Inc. leads on 15 and J.B. Hunt Transport Services, Inc. on 7.

Valuation

Metric JBHT ZTO Integrated Freight & Logistics median
P/E 30.70 10.99 22.50
P/S 1.54 2.01 0.46
P/B 5.75 1.70 1.75
Price to free cash flow 18.31 n/m 18.31
EV/EBITDA 13.26 8.75 9.01
EV/Sales 1.67 1.84 0.88
Earnings yield 3.26% 9.10% (1.15%)
Free cash flow yield 5.46% (1.87%) 0.00%

Profitability

Metric JBHT ZTO Integrated Freight & Logistics median
Gross margin 42.82% 25.10% 25.10%
Operating margin 7.20% 20.98% 0.92%
Net margin 5.07% 19.02% (0.14%)
Free cash flow margin 8.40% (3.77%) 0.00%
Return on equity 0.00% 16.37% 0.00%
Return on assets 8.35% 10.88% 0.00%
Return on invested capital 12.62% 13.03% 0.00%

Growth

Metric JBHT ZTO Integrated Freight & Logistics median
Revenue growth (TTM) 10.59% 24.75% 9.95%
EPS growth (last fiscal year) 10.07% 8.84% 5.86%
Revenue growth, 5-year CAGR 4.48% 12.69% 2.84%
Net income growth, 5-year CAGR 3.41% 14.46% 0.00%

Health

Metric JBHT ZTO Integrated Freight & Logistics median
Debt to equity 0.31 0.34 0.12
Current ratio 1.23 1.67 1.58
Net debt to EBITDA 0.92 (1.05) 0.67

Dividend

Metric JBHT ZTO Integrated Freight & Logistics median
Dividend yield 1.02% 1.87% 1.96%
Payout ratio 0.31 0.21 0.29

Size

Metric JBHT ZTO Integrated Freight & Logistics median
Market cap 20.41b 11.38b 81.31m

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