Explain this page
Arphra AIPlain-English read on J.B. Hunt Transport Services, Inc.’s valuationRatios & metrics
Profitability, returns on capital, growth, and credit — all derived from the historical income statement, balance sheet, and cash flow rows in our data warehouse.
Quality composite
CMixed
A snapshot of the latest fiscal year’s margins, returns on capital, balance-sheet strength and efficiency, computed from the income statement, balance sheet and cash-flow rows. Source income / balance / cash_flow.
Profitability
Gross margin13.3%
Operating margin7.2%
Net margin5.0%
ROE16.8%
ROA7.3%
ROIC12.0%
Liquidity & leverage
Current ratio0.83×
Quick ratio0.81×
Debt / equity0.53×
Net debt / EBITDA1.18×
Interest coverage12×
Efficiency & per-share
Asset turnover1.47×
Inventory days1
Days sales out.41
FCF / share$9.70
Book value / share$36.49
Valuation multiples
Price- and EV-based multiples plus shareholder yields. Snapshot at each fiscal year-end from key_metrics (FMP).
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Headline | |||||||||
| Market cap | — | — | — | $17.4B | $18.98B | — | — | — | — |
| Enterprise value | — | — | — | $19.14B | $20.86B | — | — | — | — |
| Multiples | |||||||||
| P / E | — | — | — | — | — | — | — | — | — |
| P / B | — | — | — | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — |
| EV / Sales | — | — | — | 1.58 | 1.74 | — | — | — | — |
| EV / FCF | — | — | — | 30.98 | 22.01 | — | — | — | — |
| Yields | |||||||||
| Earnings yield | — | — | — | +3.28% | +3.15% | — | — | — | — |
| Free cash flow yield | — | — | — | +3.55% | +4.99% | — | — | — | — |
| Dividend yield | — | — | — | — | — | — | — | — | — |
Profitability
Margin structure across the last 5 fiscal years
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Margins | |||||||||
| Gross margin | +15.37% | +16.69% | +17.23% | +17.07% | +13.31% | +16.26% | +15.83% | +15.57% | +16.30% |
| Operating margin | +8.59% | +8.99% | +7.74% | +6.88% | +7.21% | +7.34% | +7.40% | +7.47% | +7.40% |
| EBITDA margin | +13.17% | +13.35% | +13.55% | +13.23% | +13.17% | +13.28% | +13.60% | +13.47% | +13.62% |
| EBIT margin | +8.60% | +9.00% | +7.80% | +6.94% | +7.21% | +7.34% | +7.26% | +7.45% | +7.14% |
| Pre-tax margin | +8.22% | +8.65% | +7.29% | +6.28% | +6.62% | +6.85% | +6.87% | +6.90% | +6.70% |
| Net margin | +6.25% | +6.54% | +5.68% | +4.72% | +4.99% | +5.23% | +5.01% | +5.14% | +4.99% |
| Cost structure | |||||||||
| Cost of revenue / sales | +84.63% | +83.31% | +82.77% | +82.93% | +86.69% | +82.36% | +85.27% | +85.38% | +83.38% |
| R&D intensity | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| SG&A intensity | +3.25% | +3.85% | +4.93% | +5.49% | +5.50% | +5.23% | +5.32% | +5.20% | +5.27% |
| Effective tax rate | +23.90% | +24.35% | +22.10% | +24.84% | +24.66% | +23.61% | +22.73% | +22.82% | +23.50% |
Returns on capital
ROE / ROA / ROC / ROIC over the relevant capital base, plus the 3-step DuPont decomposition of ROE.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| Return on equity (ROE) | +24.40% | +26.44% | +17.75% | +14.22% | +16.78% | +16.57% | +15.82% | +16.06% | +15.98% |
| Return on assets (ROA) | +10.94% | +12.11% | +8.27% | +6.69% | +7.35% | +7.40% | +7.29% | +7.33% | +7.37% |
| Return on capital (ROC) | +22.72% | +25.42% | +16.46% | +14.32% | +15.86% | +15.73% | +15.76% | +15.83% | +15.90% |
| Return on invested capital (ROIC) | +16.53% | +18.51% | +12.07% | +9.84% | +10.97% | +11.20% | +10.67% | +10.88% | +10.72% |
| Asset turnover | +174.98% | +185.06% | +145.70% | +141.75% | +147.38% | +141.51% | +145.56% | +142.62% | +147.72% |
| DuPont · ROE decomposition | |||||||||
| Net margin | +6.25% | +6.54% | +5.68% | +4.72% | +4.99% | +5.23% | +5.01% | +5.14% | +4.99% |
| Asset turnover (× revenue / assets) | +174.98% | +185.06% | +145.70% | +141.75% | +147.38% | +141.51% | +145.56% | +142.62% | +147.72% |
| Equity multiplier (× assets / equity) | +223.04% | +218.31% | +214.57% | +212.41% | +228.36% | +224.01% | +217.01% | +219.17% | +216.89% |
Activity & efficiency
Turnover ratios and days-outstanding — how efficiently the business converts assets and working capital into sales and cash.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Asset turnover | 1.75 | 1.85 | 1.46 | 1.42 | 1.47 | 1.42 | 1.46 | 1.43 | 1.48 |
| Fixed-asset turnover | 2.86 | 2.80 | 2.09 | 2.00 | 2.07 | — | — | — | — |
| Inventory turnover | 411.41 | 303.96 | 251.73 | 240.60 | 246.45 | — | — | — | — |
| Receivables turnover | 7.06 | 7.97 | 8.19 | 8.16 | 8.82 | — | — | — | — |
| Payables turnover | 13.33 | 15.45 | 14.40 | 15.52 | 15.87 | — | — | — | — |
| Days outstanding | |||||||||
| Days sales outstanding (DSO) | 51.69 | 45.80 | 44.56 | 44.75 | 41.37 | — | — | — | — |
| Days inventory outstanding (DIO) | 0.89 | 1.20 | 1.45 | 1.52 | 1.48 | — | — | — | — |
| Days payables outstanding (DPO) | 27.39 | 23.62 | 25.34 | 23.52 | 23.00 | — | — | — | — |
| Cash conversion cycle | 25.19 | 23.38 | 20.66 | 22.75 | 19.85 | — | — | — | — |
Cash flow quality
How well reported earnings translate into operating and free cash flow, plus reinvestment intensity.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Operating CF / Net income | 1.61 | 1.83 | 2.40 | 2.60 | 2.81 | 2.49 | 2.73 | 2.58 | 2.61 |
| FCF / Net income | 0.36 | 0.24 | -0.16 | 1.08 | 1.58 | 0.77 | 0.82 | 0.78 | 0.78 |
| FCF margin | +2.27% | +1.59% | -0.92% | +5.11% | +7.90% | +4.05% | +4.09% | +4.01% | +3.91% |
| OCF margin | +10.06% | +11.99% | +13.60% | +12.27% | +13.99% | +13.00% | +13.67% | +13.25% | +13.02% |
| CapEx / Revenue | +7.79% | +10.40% | +14.52% | +7.16% | +6.09% | +9.27% | +9.45% | +9.34% | +9.52% |
| CapEx / D&A | 1.70 | 2.39 | 2.52 | 1.14 | 1.02 | — | — | — | — |
| Stock-based comp / Revenue | +0.51% | +0.52% | +0.62% | +0.54% | +0.60% | — | — | — | — |
Per-share & shareholder yield
EPS, book value, sales, cash flow and dividends per share — plus payout / retention.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| EPS · diluted | 7.14 | 9.21 | 6.97 | 5.56 | 6.12 | 7.37 | 9.18 | 10.43 | 13.70 |
| EPS · basic | 7.22 | 9.31 | 7.06 | 5.60 | 6.12 | 7.33 | 9.17 | 10.37 | 13.91 |
| Book value / share | 29.25 | 34.83 | 39.29 | 39.07 | 36.49 | 41.58 | 44.86 | 48.38 | 52.89 |
| Tangible BV / share | 27.46 | 32.59 | 36.72 | 36.82 | 34.34 | 41.58 | 44.86 | 48.38 | 52.89 |
| Sales / share | 114.16 | 140.72 | 122.83 | 117.63 | 122.83 | 131.81 | 141.71 | 151.22 | 169.45 |
| Operating CF / share | 11.48 | 16.88 | 16.70 | 14.43 | 17.18 | 17.13 | 19.37 | 20.04 | 22.07 |
| Free cash flow / share | 2.59 | 2.24 | -1.13 | 6.01 | 9.70 | 5.33 | 5.80 | 6.06 | 6.63 |
| Dividends / share | 1.17 | 1.58 | 1.66 | 1.71 | 1.75 | 1.88 | 2.02 | 2.13 | 2.38 |
| Payout ratio | +16.36% | +17.20% | +23.88% | +30.75% | +28.59% | +27.34% | +28.48% | +27.43% | +28.11% |
| Retention ratio | +83.64% | +82.80% | +76.12% | +69.25% | +71.41% | +72.66% | +71.52% | +72.57% | +71.89% |
Growth
Year-over-year change for headline P&L lines, plus through-cycle CAGR
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E | 8y CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Top-line | ||||||||||
| Revenue · YoY | — | +21.74% | -13.39% | -5.79% | -0.73% | +7.94% | +7.80% | +6.27% | +12.50% | +4.03% |
| Gross profit · YoY | — | +32.23% | -10.61% | -6.65% | -22.61% | +31.91% | +4.95% | +4.50% | +17.77% | +4.80% |
| Profit | ||||||||||
| Operating income · YoY | — | +27.36% | -25.41% | -16.31% | +4.07% | +9.89% | +8.67% | +7.33% | +11.38% | +2.10% |
| EBITDA · YoY | — | +23.33% | -12.06% | -8.00% | -1.24% | +8.91% | +10.39% | +5.23% | +13.77% | +4.47% |
| Net income · YoY | — | +27.41% | -24.87% | -21.61% | +4.80% | +13.17% | +3.30% | +9.01% | +9.22% | +1.14% |
| Operating | ||||||||||
| EBIT · YoY | — | +27.40% | -24.90% | -16.22% | +3.16% | +9.87% | +6.68% | +9.05% | +7.78% | +1.64% |
| R&D · YoY | — | — | — | — | — | — | — | — | — | — |
| Per-share | ||||||||||
| EPS · diluted · YoY | — | +28.99% | -24.32% | -20.23% | +10.07% | +20.43% | +24.57% | +13.64% | +31.31% | +8.49% |
| EPS · basic · YoY | — | +28.95% | -24.17% | -20.68% | +9.29% | +19.82% | +25.07% | +13.11% | +34.06% | +8.54% |
Credit & leverage
Balance-sheet health + interest coverage + liquidity. Coverage ratios use period-end debt and trailing interest expense.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Leverage | |||||||||
| Total debt | $1.48B | $1.57B | $1.93B | $1.79B | $1.89B | $1.96B | $2.14B | $2.26B | $2.56B |
| Net debt | $1.13B | $1.52B | $1.88B | $1.74B | $1.87B | $1.92B | $2.09B | $2.21B | $2.5B |
| Net debt / EBITDA | 0.70 | 0.77 | 1.08 | 1.09 | 1.18 | 1.11 | 1.10 | 1.11 | 1.10 |
| Debt / equity | 0.48 | 0.43 | 0.47 | 0.45 | 0.53 | 0.48 | 0.48 | 0.48 | 0.49 |
| Debt / assets | +21.33% | +19.63% | +21.91% | +20.99% | +23.20% | +21.39% | +22.27% | +21.72% | +22.61% |
| Equity / assets | +44.84% | +45.81% | +46.61% | +47.08% | +43.79% | +44.64% | +46.08% | +45.63% | +46.11% |
| Coverage | |||||||||
| EBITDA / interest expense | 34.66 | 38.58 | 26.37 | 20.24 | 22.26 | 22.36 | 23.28 | 22.95 | 23.33 |
| Operating income / interest | 22.61 | 25.98 | 15.06 | 10.52 | 12.19 | 12.35 | 12.66 | 12.73 | 12.67 |
| Interest expense | $46.25M | $51.25M | $65.93M | $79.02M | $70.96M | $76.96M | $81.6M | $87.11M | $97.49M |
| Liquidity | |||||||||
| Current ratio | 1.33 | 1.41 | 1.35 | 1.06 | 0.83 | — | — | — | — |
| Quick ratio | 1.20 | 1.22 | 1.11 | 0.91 | 0.71 | — | — | — | — |
| Cash ratio | 0.21 | 0.03 | 0.04 | 0.03 | 0.01 | — | — | — | — |
| Working capital | $574.24M | $643.55M | $508.69M | $92.94M | -$331.15M | — | — | — | — |
| Working capital / revenue | +4.72% | +4.34% | +3.96% | +0.77% | -2.76% | — | — | — | — |
Sourced from key_metrics + financial_ratios (loaded by load_fundamentals_extended.py).
Valuation
| Metric | FY 2025 | FY 2024 |
|---|---|---|
| P / E | — | — |
| P / B | — | — |
| EV / EBITDA | — | — |
| EV / Sales | 1.74x | 1.58x |
| Earnings yield | 3.2% | 3.3% |
| FCF yield | 5.0% | 3.6% |
Returns
| Metric | FY 2025 | FY 2024 |
|---|---|---|
| Gross margin | — | — |
| Operating margin | — | — |
| Net margin | — | — |
| ROE | 16.8% | 14.2% |
| ROA | 7.3% | 6.7% |
| ROIC | 9.3% | 8.4% |
Leverage & liquidity
| Metric | FY 2025 | FY 2024 |
|---|---|---|
| Debt / equity | — | — |
| Net debt / EBITDA | 1.18 | 1.09 |
| Interest coverage | — | — |
| Current ratio | 0.83x | 1.06x |
| Quick ratio | — | — |
Methodology. ROE / ROA / ROC use period-end balance-sheet denominators (no average-of- period smoothing). ROIC = Operating Income × (1 − inferred effective tax rate) over invested capital, with the effective tax inferred from net-to-operating income when both are positive and a 25% default otherwise. Net debt / EBITDA, debt ratios, and interest-coverage ratios are calculated point-in-time at each fiscal year-end. TTM = trailing 4 quarters (income / cash flow summed, balance sheet = most-recent quarterly snapshot). Through-cycle CAGR in the Growth panel uses the geometric mean of first-to-last period growth across the window (positive values only).