JB Hunt Transport Services Inc
JBHT—
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JB Hunt Transport Services Inc AI Insights
Informational only. Not investment advice.Snapshot
- Operating margin 6.9% TTM is 2.2x industry median (3.1%), but EPS down 12% over 3Y while peers down 29% - relative outperformance in downcycle[Operating Margin TTM]
- FCF of 790M TTM (6.6% yield on EV) vs industry median of -14M - rare positive generator in capital-intensive trucking[Free Cash Flow TTM]
- P/E 34.3x vs industry median 30.1x with P/S 1.6x vs 0.9x median - 75% premium on sales multiple despite revenue 3.7x larger than median peer[P/S Ratio]
Watch Triggers
- Operating Margin TTM: Falls below 5% or rises above 8% — Confirms cycle direction - below 5% signals prolonged downturn, above 8% validates recovery thesis
- Free Cash Flow TTM: Turns negative for 2 consecutive quarters — Would threaten dividend sustainability and force balance sheet deterioration
- Asset Turnover TTM: Drops below 1.3x — 5.6B PPE base requires utilization - declining turnover erodes ROIC advantage
Bull Case
Scale advantage: 12B revenue (3.7x median peer) with ROIC 10.7% (2.4x industry median 4.5%) demonstrates durable competitive moat in fragmented industry
Total Revenue TTMROIC TTM
Capital discipline: FCF 790M TTM funds 1.75/share dividend (3% yield) and debt paydown (-118M net issuance) without equity dilution
Free Cash Flow TTMDividends Paid Per Share TTM
Bear Case
Negative working capital (-257M) with 1.2B receivables and only 52M cash creates liquidity risk if freight volumes deteriorate further
Working CapitalCash and Equivalents
Premium valuation (P/S 1.6x vs 0.9x median) prices in recovery that may not materialize - 3Y EPS decline of 12% shows earnings pressure
P/S RatioEPS Growth 3yr
Bull vs Bear Balance
AI-generated sentiment analysis based on fundamental metrics and market conditions.
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Forward Thesis
Intermodal recovery will drive margin expansion as freight rates normalize from cyclical trough
1-3ymed
- Operating margin 6.9% vs historical 8-10% range
- Asset turnover 1.47x shows utilization upside
- Capex declining (-134M purchase of PPE) signals cycle positioning
ROIC 10.7% TTM vs industry median 4.5%PPE of 5.6B provides operating leverageNet debt 1.5B manageable at 0.45x D/E
Valuation Context
Caveats
JBHT Fundamentals
Transportation and Warehousing → Truck Transportation
| Metric | Value | YoY Growth | Industry Percentile |
|---|---|---|---|
$24.45B | — | ||
$25.74B | — | ||
40 | — | ||
$12.13B | +0.6% | — | |
$6.44 | +16.9% | — | |
7.36% | +0.6% | — | |
5.13% | +0.5% | — | |
$1.03B | +101.1% | — | |
16.7% | +2.7% | — | |
Beta 5Y (Monthly) | unknown | — |
JBHT Dividend History
90 dividends
2026
$0.900005/08/26$0.4500
02/06/26$0.4500
2025
$1.760011/07/25$0.4400
08/08/25$0.4400
05/09/25$0.4400
02/07/25$0.4400
2024
$1.720011/08/24$0.4300
08/02/24$0.4300
05/09/24$0.4300
02/08/24$0.4300
2023
$1.680011/09/23$0.4200
08/03/23$0.4200
05/11/23$0.4200
02/09/23$0.4200
2022
$1.600011/03/22$0.4000
08/04/22$0.4000
05/12/22$0.4000
02/03/22$0.4000
2021
$1.180011/04/21$0.3000
08/05/21$0.3000
05/06/21$0.3000
02/04/21$0.2800
2020
$1.080011/05/20$0.2700
08/06/20$0.2700
05/07/20$0.2700
02/06/20$0.2700
2019
$1.040011/07/19$0.2600
08/01/19$0.2600
05/02/19$0.2600
02/07/19$0.2600
2018
$0.960011/08/18$0.2400
08/02/18$0.2400
05/03/18$0.2400
02/08/18$0.2400
2017
$0.920011/02/17$0.2300
08/03/17$0.2300
05/03/17$0.2300
02/08/17$0.2300
2016
$0.880011/02/16$0.2200
08/03/16$0.2200
05/04/16$0.2200
02/10/16$0.2200
2015
$0.840011/04/15$0.2100
07/29/15$0.2100
05/06/15$0.2100
02/10/15$0.2100
2014
$0.800011/12/14$0.2000
07/30/14$0.2000
05/07/14$0.2000
02/11/14$0.2000
2013
$0.450011/13/13$0.1500
07/31/13$0.1500
05/08/13$0.1500
2012
$0.710012/13/12$0.1500
11/14/12$0.1400
08/01/12$0.1400
05/09/12$0.1400
02/10/12$0.1400
2011
$0.520011/17/11$0.1300
07/27/11$0.1300
05/11/11$0.1300
02/11/11$0.1300
2010
$0.480011/10/10$0.1200
07/28/10$0.1200
05/12/10$0.1200
02/10/10$0.1200
2009
$0.440011/12/09$0.1100
07/29/09$0.1100
05/13/09$0.1100
02/10/09$0.1100
2008
$0.400011/12/08$0.1000
07/30/08$0.1000
05/08/08$0.1000
02/05/08$0.1000
2007
$0.360011/13/07$0.0900
07/31/07$0.0900
05/09/07$0.0900
02/05/07$0.0900
2006
$0.320011/03/06$0.0800
07/31/06$0.0800
04/27/06$0.0800
01/30/06$0.0800
2005
$0.240011/03/05$0.0600
07/29/05$0.0600
04/28/05$0.0600
01/27/05$0.0600
2004
$0.045011/03/04$0.0150
08/04/04$0.0150
05/04/04$0.0150
2000
$0.012502/01/00$0.0125
JBHT Stock Splits
2 stock splits
05/24/050.5:1 split
09/02/030.5:1 split
JBHT SEC Filings
| Filing Date | Report Date | Report Type | Filing Link |
|---|---|---|---|
04/24/26 | 03/31/26 | 10-Q | |
02/24/26 | 12/31/25 | 10-K | |
10/24/25 | 09/30/25 | 10-Q | |
07/24/25 | 06/30/25 | 10-Q | |
04/25/25 | 03/31/25 | 10-Q | |
02/21/25 | 12/31/24 | Unknown | |
10/25/24 | 09/30/24 | 10-Q | |
07/26/24 | 06/30/24 | 10-Q | |
04/26/24 | 03/31/24 | 10-Q | |
02/23/24 | 12/31/23 | 10-K | |
10/27/23 | 09/30/23 | 10-Q | |
07/27/23 | 06/30/23 | 10-Q | |
04/28/23 | 03/31/23 | 10-Q | |
02/24/23 | 12/31/22 | 10-K | |
11/04/22 | 09/30/22 | 10-Q | |
07/29/22 | 06/30/22 | 10-Q | |
05/02/22 | 03/31/22 | 10-Q | |
02/25/22 | 12/31/21 | 10-K | |
10/28/21 | 09/30/21 | 10-Q | |
08/03/21 | 06/30/21 | 10-Q | |
05/03/21 | 03/31/21 | 10-Q | |
02/23/21 | 12/31/20 | 10-K | |
10/29/20 | 09/30/20 | 10-Q | |
07/28/20 | 06/30/20 | 10-Q | |
05/01/20 | 03/31/20 | 10-Q | |
03/02/20 | 12/31/19 | 10-K | |
11/01/19 | 09/30/19 | 10-Q | |
07/26/19 | 06/30/19 | 10-Q | |
04/26/19 | 03/31/19 | 10-Q | |
02/22/19 | 12/31/18 | 10-K | |
10/29/18 | 09/30/18 | 10-Q | |
07/27/18 | 06/30/18 | 10-Q | |
04/27/18 | 03/31/18 | 10-Q | |
02/23/18 | 12/31/17 | 10-K | |
10/27/17 | 09/30/17 | 10-Q | |
07/28/17 | 06/30/17 | 10-Q | |
04/28/17 | 03/31/17 | 10-Q | |
02/23/17 | 12/31/16 | 10-K | |
10/28/16 | 09/30/16 | 10-Q | |
07/28/16 | 06/30/16 | 10-Q | |
04/29/16 | 03/31/16 | 10-Q | |
02/23/16 | 12/31/15 | 10-K | |
10/23/15 | 09/30/15 | 10-Q | |
07/30/15 | 06/30/15 | 10-Q | |
04/24/15 | 03/31/15 | 10-Q | |
02/24/15 | 12/31/14 | 10-K | |
10/30/14 | 09/30/14 | 10-Q | |
07/29/14 | 06/30/14 | 10-Q | |
04/25/14 | 03/31/14 | 10-Q | |
02/21/14 | 12/31/13 | 10-K | |
10/30/13 | 09/30/13 | 10-Q | |
07/30/13 | 06/30/13 | 10-Q | |
04/26/13 | 03/31/13 | 10-Q | |
02/22/13 | 12/31/12 | 10-K | |
10/26/12 | 09/30/12 | 10-Q | |
07/31/12 | 06/30/12 | 10-Q | |
04/27/12 | 03/31/12 | 10-Q | |
02/24/12 | 12/31/11 | 10-K | |
10/28/11 | 09/30/11 | 10-Q | |
07/29/11 | 06/30/11 | 10-Q | |
04/29/11 | 03/31/11 | 10-Q | |
02/25/11 | 12/31/10 | 10-K | |
10/29/10 | 09/30/10 | 10-Q | |
07/30/10 | 06/30/10 | 10-Q | |
04/29/10 | 03/31/10 | 10-Q | |
02/26/10 | 12/31/09 | 10-K | |
10/28/09 | 09/30/09 | 10-Q | |
07/31/09 | 06/30/09 | 10-Q | |
04/29/09 | 03/31/09 | 10-Q | |
02/27/09 | 12/31/08 | 10-K | |
10/31/08 | 09/30/08 | 10-Q | |
07/31/08 | 06/30/08 | 10-Q | |
04/30/08 | 03/31/08 | 10-Q | |
02/29/08 | 12/31/07 | 10-K | |
10/31/07 | 09/30/07 | 10-Q | |
07/31/07 | 06/30/07 | 10-Q | |
04/30/07 | 03/31/07 | 10-Q | |
02/28/07 | 12/31/06 | 10-K | |
10/31/06 | 09/30/06 | 10-Q | |
07/31/06 | 06/30/06 | 10-Q | |
04/28/06 | 03/31/06 | 10-Q | |
03/10/06 | 12/31/05 | 10-K | |
10/31/05 | 09/30/05 | 10-Q | |
07/22/05 | 06/30/05 | 10-Q | |
04/29/05 | 03/31/05 | 10-Q | |
03/11/05 | 12/31/04 | 10-K | |
10/29/04 | 09/30/04 | 10-Q | |
07/29/04 | 06/30/04 | 10-Q | |
05/07/04 | 03/31/04 | 10-Q | |
03/04/04 | 12/31/03 | 10-K | |
10/31/03 | 09/30/03 | 10-Q | |
07/30/03 | 06/30/03 | 10-Q | |
05/07/03 | 03/31/03 | 10-Q | |
03/11/03 | 12/31/02 | 10-K | |
11/08/02 | 09/30/02 | 10-Q | |
07/29/02 | 06/30/02 | 10-Q | |
05/10/02 | 03/31/02 | 10-Q | |
03/08/02 | 12/31/01 | 10-K405 | |
11/09/01 | 09/30/01 | 10-Q | |
08/09/01 | 06/30/01 | 10-Q | |
05/15/01 | 03/31/01 | 10-Q | |
03/12/01 | 12/31/00 | 10-K | |
11/14/00 | 09/30/00 | 10-Q | |
08/11/00 | 06/30/00 | 10-Q | |
05/12/00 | 03/31/00 | 10-Q |