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JB Hunt Trans Financials

JBHT
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows JB Hunt Trans (JBHT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 45 / 100
Financial Profile 45/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
38

JB Hunt Trans has an operating margin of 7.2%, meaning the company retains $7 of operating profit per $100 of revenue. This results in a moderate score of 38/100, indicating healthy but not exceptional operating efficiency. This is up from 6.9% the prior year.

Growth
32

JB Hunt Trans's revenue declined 0.7% year-over-year, from $12.1B to $12.0B. This contraction results in a growth score of 32/100.

Leverage
98

JB Hunt Trans carries a low D/E ratio of 0.22, meaning only $0.22 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
11

JB Hunt Trans's current ratio of 0.83 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 11/100, which could limit financial flexibility.

Cash Flow
45

JB Hunt Trans has a free cash flow margin of 7.9%, earning a moderate score of 45/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
48

JB Hunt Trans's ROE of 16.8% shows moderate profitability relative to equity, earning a score of 48/100. This is up from 14.2% the prior year.

Altman Z-Score Safe
5.98

JB Hunt Trans scores 5.98, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Strong
7/9

JB Hunt Trans passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
2.81x

For every $1 of reported earnings, JB Hunt Trans generates $2.81 in operating cash flow ($1.7B OCF vs $598.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe
11.5x

JB Hunt Trans earns $11.5 in operating income for every $1 of interest expense ($865.1M vs $75.2M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue
$12.0B
YoY-0.7%
5Y CAGR+4.5%
10Y CAGR+6.8%

JB Hunt Trans generated $12.0B in revenue in fiscal year 2025. This represents a decrease of 0.7% from the prior year.

EBITDA
$1.6B
YoY-0.8%
5Y CAGR+5.0%
10Y CAGR+4.1%

JB Hunt Trans's EBITDA was $1.6B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 0.8% from the prior year.

Net Income
$598.3M
YoY+4.8%
5Y CAGR+3.4%
10Y CAGR+3.4%

JB Hunt Trans reported $598.3M in net income in fiscal year 2025. This represents an increase of 4.8% from the prior year.

EPS (Diluted)
$6.12
YoY+10.1%
5Y CAGR+5.2%
10Y CAGR+5.3%

JB Hunt Trans earned $6.12 per diluted share (EPS) in fiscal year 2025. This represents an increase of 10.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$947.6M
YoY+53.4%
5Y CAGR+19.8%
10Y CAGR+20.4%

JB Hunt Trans generated $947.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 53.4% from the prior year.

Cash & Debt
$17.3M
YoY-63.2%
5Y CAGR-44.0%
10Y CAGR+12.0%

JB Hunt Trans held $17.3M in cash against $766.9M in long-term debt as of fiscal year 2025.

Dividends Per Share
$0.44
YoY-74.4%
5Y CAGR-16.4%
10Y CAGR-6.3%

JB Hunt Trans paid $0.44 per share in dividends in fiscal year 2025. This represents a decrease of 74.4% from the prior year.

Shares Outstanding
95M
YoY-5.9%
5Y CAGR-2.2%
10Y CAGR-1.8%

JB Hunt Trans had 95M shares outstanding in fiscal year 2025. This represents a decrease of 5.9% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
7.2%
YoY+0.3pp
5Y CAGR-0.2pp
10Y CAGR-4.4pp

JB Hunt Trans's operating margin was 7.2% in fiscal year 2025, reflecting core business profitability. This is up 0.3 percentage points from the prior year.

Net Margin
5.0%
YoY+0.3pp
5Y CAGR-0.3pp
10Y CAGR-1.9pp

JB Hunt Trans's net profit margin was 5.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.3 percentage points from the prior year.

Return on Equity
16.8%
YoY+2.6pp
5Y CAGR-2.7pp
10Y CAGR-16.1pp

JB Hunt Trans's ROE was 16.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.6 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$923.3M
YoY+79.7%
5Y CAGR+58.4%
10Y CAGR+13.4%

JB Hunt Trans spent $923.3M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 79.7% from the prior year.

Capital Expenditures
$730.7M
YoY-15.6%
5Y CAGR-0.2%
10Y CAGR+0.1%

JB Hunt Trans invested $730.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 15.6% from the prior year.

JBHT Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $3.1B+1.4% $3.1B+4.3% $2.9B+0.2% $2.9B-7.1% $3.1B+2.5% $3.1B+4.8% $2.9B-0.5% $2.9B
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $64.7M-6.3% $69.0M-7.8% $74.9M+2.6% $73.0M-11.5% $82.5M+13.9% $72.4M-3.1% $74.7M-2.7% $76.8M
Operating Income $246.5M+1.6% $242.7M+23.0% $197.3M+10.4% $178.7M-13.7% $207.0M-7.6% $224.1M+8.9% $205.7M+5.8% $194.4M
Interest Expense $17.5M-2.3% $17.9M-16.0% $21.3M+14.5% $18.6M-17.1% $22.4M+8.1% $20.8M+2.7% $20.2M+29.1% $15.6M
Income Tax $52.2M-3.2% $53.9M+13.9% $47.4M+11.9% $42.3M+16.1% $36.5M-28.9% $51.3M+3.3% $49.6M-3.1% $51.2M
Net Income $181.1M+6.0% $170.8M+32.8% $128.6M+9.2% $117.7M-24.3% $155.5M+2.2% $152.1M+11.9% $135.9M+6.6% $127.5M
EPS (Diluted) N/A $1.76+34.4% $1.31+12.0% $1.17 N/A $1.49+12.9% $1.32+8.2% $1.22

JBHT Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $7.9B-2.2% $8.1B-1.6% $8.2B-0.2% $8.3B-0.7% $8.3B-0.2% $8.3B-1.1% $8.4B-0.1% $8.4B
Current Assets $1.6B-4.3% $1.7B-0.6% $1.7B+1.0% $1.7B-5.7% $1.8B-8.1% $1.9B+0.7% $1.9B-1.8% $1.9B
Cash & Equivalents $17.3M-66.9% $52.3M+2.7% $50.9M+17.3% $43.4M-7.6% $47.0M-60.8% $120.0M+124.3% $53.5M-16.6% $64.2M
Inventory $42.2M N/A N/A N/A $41.7M N/A N/A N/A
Accounts Receivable $1.2B-5.8% $1.2B+4.2% $1.2B-1.7% $1.2B-1.7% $1.2B-3.1% $1.3B+0.9% $1.3B-1.6% $1.3B
Goodwill $134.1M N/A N/A N/A $134.1M N/A N/A N/A
Total Liabilities $4.4B-3.8% $4.5B-1.1% $4.6B+4.5% $4.4B+2.1% $4.3B-0.6% $4.3B-0.3% $4.3B+1.8% $4.3B
Current Liabilities $1.9B+0.1% $1.9B0.0% $1.9B+3.1% $1.9B+11.7% $1.7B-17.8% $2.0B+29.1% $1.6B+2.4% $1.5B
Long-Term Debt $766.9M-15.0% $902.2M-11.5% $1.0B+15.9% $880.2M-10.0% $977.7M-5.3% $1.0B-30.4% $1.5B+8.6% $1.4B
Total Equity $3.6B-0.2% $3.6B-2.3% $3.7B-5.5% $3.9B-3.7% $4.0B+0.4% $4.0B-1.9% $4.1B-2.2% $4.2B
Retained Earnings $7.8B N/A N/A N/A $7.4B N/A N/A N/A

JBHT Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $385.6M-20.7% $486.4M+21.0% $402.1M-0.5% $404.2M+27.3% $317.6M-6.2% $338.5M-6.1% $360.6M-22.7% $466.5M
Capital Expenditures $134.3M+0.2% $134.1M-38.1% $216.5M-11.9% $245.8M+9.6% $224.3M+27.9% $175.4M-33.1% $262.3M+29.0% $203.4M
Free Cash Flow $251.3M-28.7% $352.4M+89.9% $185.6M+17.2% $158.4M+69.7% $93.3M-42.8% $163.1M+66.0% $98.2M-62.7% $263.1M
Investing Cash Flow -$83.9M+8.7% -$91.8M+47.2% -$174.0M+22.7% -$225.1M-20.9% -$186.2M-157.0% -$72.4M+70.1% -$242.7M-49.4% -$162.4M
Financing Cash Flow -$336.7M+14.4% -$393.2M-78.3% -$220.5M-20.7% -$182.7M+10.6% -$204.5M-2.5% -$199.6M-55.2% -$128.6M+56.2% -$293.2M
Dividends Paid $41.9M-1.5% $42.5M-0.3% $42.6M-3.1% $44.0M+1.3% $43.4M-0.6% $43.7M-0.7% $44.0M-0.9% $44.4M
Share Buybacks $139.9M-39.3% $230.4M-27.7% $318.8M+36.2% $234.1M+173.4% $85.6M-57.2% $200.0M-1.5% $203.1M+708.1% $25.1M

JBHT Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin 8.0%+0.0pp 8.0%+1.2pp 6.7%+0.6pp 6.1%-0.5pp 6.6%-0.7pp 7.3%+0.3pp 7.0%+0.4pp 6.6%
Net Margin 5.9%+0.3pp 5.6%+1.2pp 4.4%+0.4pp 4.0%-0.9pp 4.9%-0.0pp 5.0%+0.3pp 4.6%+0.3pp 4.3%
Return on Equity 5.1%+0.3pp 4.8%+1.3pp 3.5%+0.5pp 3.0%-0.8pp 3.9%+0.1pp 3.8%+0.5pp 3.3%+0.3pp 3.1%
Return on Assets 2.3%+0.2pp 2.1%+0.6pp 1.6%+0.1pp 1.4%-0.4pp 1.9%+0.0pp 1.8%+0.2pp 1.6%+0.1pp 1.5%
Current Ratio 0.83-0.0 0.870.0 0.87-0.0 0.89-0.2 1.06+0.1 0.94-0.3 1.21-0.1 1.26
Debt-to-Equity 0.22-0.0 0.25-0.0 0.28+0.1 0.23-0.0 0.24-0.0 0.26-0.1 0.36+0.0 0.33
FCF Margin 8.1%-3.4pp 11.5%+5.2pp 6.3%+0.9pp 5.4%+2.4pp 3.0%-2.3pp 5.3%+2.0pp 3.4%-5.6pp 8.9%

Note: The current ratio is below 1.0 (0.83), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

JB Hunt Trans (JBHT) reported $12.0B in total revenue for fiscal year 2025. This represents a -0.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

JB Hunt Trans (JBHT) revenue declined by 0.7% year-over-year, from $12.1B to $12.0B in fiscal year 2025.

Yes, JB Hunt Trans (JBHT) reported a net income of $598.3M in fiscal year 2025, with a net profit margin of 5.0%.

JB Hunt Trans (JBHT) reported diluted earnings per share of $6.12 for fiscal year 2025. This represents a 10.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

JB Hunt Trans (JBHT) had EBITDA of $1.6B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, JB Hunt Trans (JBHT) had $17.3M in cash and equivalents against $766.9M in long-term debt.

JB Hunt Trans (JBHT) had an operating margin of 7.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

JB Hunt Trans (JBHT) had a net profit margin of 5.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, JB Hunt Trans (JBHT) paid $0.44 per share in dividends during fiscal year 2025.

JB Hunt Trans (JBHT) has a return on equity of 16.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

JB Hunt Trans (JBHT) generated $947.6M in free cash flow during fiscal year 2025. This represents a 53.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

JB Hunt Trans (JBHT) generated $1.7B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

JB Hunt Trans (JBHT) had $7.9B in total assets as of fiscal year 2025, including both current and long-term assets.

JB Hunt Trans (JBHT) invested $730.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, JB Hunt Trans (JBHT) spent $923.3M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

JB Hunt Trans (JBHT) had 95M shares outstanding as of fiscal year 2025.

JB Hunt Trans (JBHT) had a current ratio of 0.83 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

JB Hunt Trans (JBHT) had a debt-to-equity ratio of 0.22 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

JB Hunt Trans (JBHT) had a return on assets of 7.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

JB Hunt Trans (JBHT) has an Altman Z-Score of 5.98, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

JB Hunt Trans (JBHT) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

JB Hunt Trans (JBHT) has an earnings quality ratio of 2.81x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

JB Hunt Trans (JBHT) has an interest coverage ratio of 11.5x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

JB Hunt Trans (JBHT) scores 45 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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