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 $22.1B against $11.0B — 2.0× the size. ZTO Express (Cayman) Inc. trades at the lower P/E: 10.6× against 32.4×. ZTO Express (Cayman) Inc. grew revenue faster over the last twelve months: 24.8% against 5.28%. ZTO Express (Cayman) Inc. has the higher net margin (19.0% vs 5.31%) and the higher return on invested capital (13.0% vs 12.5%). Both pay a dividend; ZTO Express (Cayman) Inc. yields more (1.94% vs 0.78%). Across the 22 metrics below, ZTO Express (Cayman) Inc. leads on 16 and J.B. Hunt Transport Services, Inc. on 6.

Valuation

Metric JBHT ZTO Integrated Freight & Logistics median
P/E 32.41 10.59 22.48
P/S 1.70 1.94 0.73
P/B 6.04 1.64 1.91
Price to free cash flow 16.89 n/m 13.24
EV/EBITDA 13.96 8.40 9.43
EV/Sales 1.84 1.76 1.10
Earnings yield 3.09% 9.44% (1.27%)
Free cash flow yield 5.92% (1.94%) 0.00%

Profitability

Metric JBHT ZTO Integrated Freight & Logistics median
Gross margin 44.24% 25.10% 27.04%
Operating margin 7.52% 20.98% 0.92%
Net margin 5.31% 19.02% (0.14%)
Free cash flow margin 10.04% (3.77%) 0.00%
Return on equity 0.00% 16.37% 0.00%
Return on assets 8.33% 10.88% 0.00%
Return on invested capital 12.45% 13.03% 0.00%

Growth

Metric JBHT ZTO Integrated Freight & Logistics median
Revenue growth (TTM) 5.28% 24.75% 6.03%
EPS growth (last fiscal year) 10.07% 8.84% 7.70%
Revenue growth, 5-year CAGR 4.48% 12.69% 2.88%
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 0.14
Current ratio 1.26 1.67 1.58
Net debt to EBITDA 0.92 (1.05) 0.41

Dividend

Metric JBHT ZTO Integrated Freight & Logistics median
Dividend yield 0.78% 1.94% 1.89%
Payout ratio 0.25 0.21 0.29

Size

Metric JBHT ZTO Integrated Freight & Logistics median
Market cap 22.10b 10.97b 65.37m

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