NASDAQ: JBHT
J.B. Hunt
Industrials · Trucking (No Local)
52-week range
$157.82$299.76
Stock price
Market cap
At each fiscal year end, then the latest quarter end: closing price × shares outstanding.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.$20.9B
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| Period | Market cap |
|---|---|
| FY2016, ended Dec 31, 2016 | $10.8B |
| FY2017, ended Dec 31, 2017 | $12.6B |
| FY2018, ended Dec 31, 2018 | $10.1B |
| FY2019, ended Dec 31, 2019 | $12.4B |
| FY2020, ended Dec 31, 2020 | $11.4B |
| FY2021, ended Dec 31, 2021 | $21.4B |
| FY2022, ended Dec 31, 2022 | $18.1B |
| FY2023, ended Dec 31, 2023 | $20.6B |
| FY2024, ended Dec 31, 2024 | $17.1B |
| FY2025, ended Dec 31, 2025 | $18.4B |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $20.9B |
Revenue
By fiscal year, then the trailing 12 months.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.$13.3B
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| Period | Revenue |
|---|---|
| FY2016, ended Dec 31, 2016 | $6.56B |
| FY2017, ended Dec 31, 2017 | $7.19B |
| FY2018, ended Dec 31, 2018 | $8.61B |
| FY2019, ended Dec 31, 2019 | $9.17B |
| FY2020, ended Dec 31, 2020 | $9.64B |
| FY2021, ended Dec 31, 2021 | $12.2B |
| FY2022, ended Dec 31, 2022 | $14.8B |
| FY2023, ended Dec 31, 2023 | $12.8B |
| FY2024, ended Dec 31, 2024 | $12.1B |
| FY2025, ended Dec 31, 2025 | $12.0B |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $13.3B |
Net income and free cash flow
By fiscal year, then the trailing 12 months. Free cash flow is operating cash flow minus capex.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.Show tableHide table
| Period | Net income | Free cash flow |
|---|---|---|
| FY2016, ended Dec 31, 2016 | $432M | $216M |
| FY2017, ended Dec 31, 2017 | $686M | $328M |
| FY2018, ended Dec 31, 2018 | $490M | $92.2M |
| FY2019, ended Dec 31, 2019 | $516M | $244M |
| FY2020, ended Dec 31, 2020 | $506M | $384M |
| FY2021, ended Dec 31, 2021 | $761M | $276M |
| FY2022, ended Dec 31, 2022 | $969M | $236M |
| FY2023, ended Dec 31, 2023 | $728M | −$118M |
| FY2024, ended Dec 31, 2024 | $571M | $618M |
| FY2025, ended Dec 31, 2025 | $598M | $948M |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $676M | $966M |
Cash and cash equivalents
At each fiscal year end, then the latest quarter end.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.$3.75M
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| Period | Cash and cash equivalents |
|---|---|
| FY2016, ended Dec 31, 2016 | $6.38M |
| FY2017, ended Dec 31, 2017 | $14.6M |
| FY2018, ended Dec 31, 2018 | $7.60M |
| FY2019, ended Dec 31, 2019 | $35.0M |
| FY2020, ended Dec 31, 2020 | $313M |
| FY2021, ended Dec 31, 2021 | $356M |
| FY2022, ended Dec 31, 2022 | $51.9M |
| FY2023, ended Dec 31, 2023 | $53.3M |
| FY2024, ended Dec 31, 2024 | $47.0M |
| FY2025, ended Dec 31, 2025 | $17.3M |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $3.75M |
Total debt
At each fiscal year end, then the latest quarter end. Short- and long-term borrowings, excluding leases.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.$1.12B
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| Period | Total debt |
|---|---|
| FY2016, ended Dec 31, 2016 | $986M |
| FY2017, ended Dec 31, 2017 | $1.09B |
| FY2018, ended Dec 31, 2018 | $1.15B |
| FY2019, ended Dec 31, 2019 | $1.30B |
| FY2020, ended Dec 31, 2020 | $1.31B |
| FY2021, ended Dec 31, 2021 | $945M |
| FY2022, ended Dec 31, 2022 | $1.26B |
| FY2023, ended Dec 31, 2023 | $1.33B |
| FY2024, ended Dec 31, 2024 | $978M |
| FY2025, ended Dec 31, 2025 | $1.47B |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $1.12B |
Shares outstanding
At each fiscal year end, then the latest quarter end, adjusted for splits. Down 16.3% since 2016.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.93.2M
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| Period | Shares outstanding |
|---|---|
| FY2016, ended Dec 31, 2016 | 111M |
| FY2017, ended Dec 31, 2017 | 110M |
| FY2018, ended Dec 31, 2018 | 109M |
| FY2019, ended Dec 31, 2019 | 106M |
| FY2020, ended Dec 31, 2020 | 83.7M |
| FY2021, ended Dec 31, 2021 | 105M |
| FY2022, ended Dec 31, 2022 | 104M |
| FY2023, ended Dec 31, 2023 | 103M |
| FY2024, ended Dec 31, 2024 | 100M |
| FY2025, ended Dec 31, 2025 | 94.6M |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | 93.2M |
Buybacks and new shares
By fiscal year, then the trailing 12 months, in dollars. Below zero: bought back. Above zero: issued to employees, sold or used in acquisitions.Figures shown are for the trailing 12 months to Sep 30, 2026. Hover or tap a column for another year.Net: $419M more bought back than issued
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| Period | Bought back | Paid to employees |
|---|---|---|
| FY2016, ended Dec 31, 2016 | $250M | $40.6M |
| FY2017, ended Dec 31, 2017 | $180M | $38.3M |
| FY2018, ended Dec 31, 2018 | $150M | $47.4M |
| FY2019, ended Dec 31, 2019 | $276M | $53.3M |
| FY2020, ended Dec 31, 2020 | $92.5M | $60.7M |
| FY2021, ended Dec 31, 2021 | $152M | $61.5M |
| FY2022, ended Dec 31, 2022 | $300M | $77.5M |
| FY2023, ended Dec 31, 2023 | $160M | $79.2M |
| FY2024, ended Dec 31, 2024 | $514M | $65.7M |
| FY2025, ended Dec 31, 2025 | $923M | $71.8M |
| Trailing 12 months to Sep 30, 2026 (through Q3 FY2026) | $492M | $72.6M |
Revenue (TTM)
$13.3B
+10.6% YoY
Net income (TTM)
$676M
+18.1% YoY
Cash
$3.75M
−92.8% YoY
Total debt
$1.12B
−29.8% YoY
Valuation
At current price- Market Cap
- $20.6B
- P/E
- 30.5×
- Forward P/E
- —. Needs analyst estimates; not available from the current data provider
- Price / Sales
- 1.5×
- Price / Book
- 5.7×
- EV / EBITDA
- 12.9×
Growth
Trailing 12 months- Revenue (TTM)
- $13.3B
- Revenue Growth YoY
- 10.6%
- Revenue CAGR 3Y
- −6.8%
- Revenue CAGR 5Y
- 4.5%
- EPS Growth YoY
- 22.9%
- Net Income Growth YoY
- 18.1%
Profitability
Trailing 12 months- Gross Margin
- —
- Operating Margin
- 7.2%
- Net Margin
- 5.1%
- FCF Margin
- 7.3%
- Return on Equity
- 18.8%
Earnings
Trailing 12 months- Net Income
- $676M
- EPS (diluted)
- $7.09
- EBITDA
- $1.68B
- Operating Income
- $960M
Balance Sheet
As of Sep 30, 2026- Cash and cash equivalents
- $3.75M
- Total Debt
- $1.12B
- Net Debt
- $1.12B
- Total Assets
- $8.09B
- Total Liabilities
- $4.45B
- Shareholders' Equity
- $3.63B
Cash Flow
Trailing 12 months- Operating Cash Flow
- $1.49B
- Capital Expenditure
- $528M
- Free Cash Flow
- $966M
Dividends and risk
Last 12 months- Dividend Yield
- 0.8%
- Dividend / Share
- $1.79
- Beta (5Y)
- 1.31
Every ratio is calculated from the company’s reported figures.
Strength
Revenue is up 10.6% year over year, at $13.3B.
Note
Net margin of 5.1% over the last 12 months.
Note
Net debt of $1.12B is 0.7× EBITDA, a manageable load.
Note
Free cash flow of $966M, 7.3% of revenue.
Written by fixed rules from the reported figures, not by a person or an AI.
Latest report
Pro10-Q for the quarter ended Sep 30, 2026 · filed Oct 23, 2026
The score and findings for the newest report are part of CoreStock Pro, coming soon. Every earlier report is free.
Score of each annual report
0 to 100 · 60 means nothing notable · tap a column for its details
2025 · 10-K68Mildly positive
68Mildly positive
10-K for the fiscal year ended Dec 31, 2025
Filed Feb 24, 2026 · Read the filing on EDGAR
- Revenue slipped 0.7% to $12.00 billion, but operating income rose 4.1% and net earnings rose 4.8% after two years of decline.
- Cost cutting drove the gain: intermodal profit rose to $450 million and the brokerage loss narrowed to $10 million from $56 million.
- Final-mile was the weak spot, with revenue down 10% and operating income falling to $27 million from $60 million.
- Operating cash flow rose to $1.68 billion, funding more share buybacks, and the quarterly dividend was raised to $0.45.
Business momentum
Improving
“Our 2025 consolidated operating expenses decreased 1.1% from 2024, while year-over-year revenue decreased 0.7%, resulting in a 2025 operating ratio of 92.8% compared to 93.1% in 2024.”
Outlook
Neutral
“We believe our liquid assets, cash generated from operations, and revolving line of credit will provide sufficient funds for our operating and capital requirements for the foreseeable future.”
Financial stress
Low
“For our senior notes maturing in 2026, it is our intent to pay the entire outstanding balances in full, on or before the maturity dates, using our existing cash balance, revolving line of credit or other sources of long-term financing.”
Tone against the previous report
More positive
Red flags
None found in this report.
Positives
Operating cash flow grew strongly
“Net cash provided by operating activities totaled $1.68 billion in 2025, compared to $1.48 billion in 2024.”
Intermodal, the largest segment, earned more
“Operating income of the JBI segment increased to $450 million in 2025, from $430 million in 2024.”
Brokerage loss shrank sharply
“Our ICS segment had an operating loss of $10 million in 2025 compared to an operating loss of $56 million in 2024.”
Concerns
Final-mile profit fell by more than half
“Operating income of our FMS segment decreased to $27 million in 2025, from $60 million in 2024.”
Insurance and claims costs keep rising
“Insurance and claims expense increased 6.7% in 2025, primarily due to an increase in cost per claim, higher insurance policy premium expense, and the absence of a $4.2 million net benefit from claim settlements recorded in 2024”
Brokerage volumes and margins fell
“Gross profit margin decreased to 14.5% in the current year versus 16.1% in 2024, primarily from lower gross profit margin on contractual business and less project business compared to 2024.”
New risks since the previous report
Failing to adopt new technology, including AI, or AI adding cyber and legal risks
“The rapid evolution and adoption of artificial intelligence(AI) and any efforts we may make to incorporate it into our business may amplify cyber, legal, and operational risks.”
Biggest risks named
- Economic downturns and trade policy reducing freight volumes and rates
- Dependence on BNSF and Norfolk Southern railroads and third-party carriers
- Rising accident claim costs and insurance premiums
- Dependence on major customers, with top 10 at about 33% of revenue
- Independent contractors being reclassified as employees
Artificial intelligence in this business: Mentioned
How the score adds up
| Starting point | 60 | |
| Business momentum | +6 | |
| Outlook | 0 | |
| Tone against the previous report | +2 | |
| Financial stress | 0 | |
| Red flags | 0 | |
| New risks | −0.5 | |
| Score | 68 | |
Written by AI (Claude Opus 5.5) from the report’s text. 10 of 10 quotes were found word for word in the filing; the rest are left out. Not investment advice.
All scored reports
| Period | Report | Filed | Score | Momentum | Red flags |
|---|---|---|---|---|---|
| 10-Q | Oct 23, 2026 | Pro | |||
| 10-K | Feb 24, 2026 | 68 | Improving | None | |
| 10-K | Feb 21, 2025 | 51 | Weakening | 1 minor | |
| 10-K | Feb 23, 2024 | 49 | Weakening | None | |
| 10-K | Feb 24, 2023 | 67 | Strong improvement | 1 minor | |
| 10-K | Feb 25, 2022 | 72 | Strong improvement | None | |
| 10-K | Feb 23, 2021 | 56 | Mixed | None | |
| 10-K | Mar 2, 2020 | 63 | Improving | 1 minor | |
| 10-K | Feb 22, 2019 | 52 | Mixed | 1 medium1 minor | |
| 10-K | Feb 23, 2018 | 51 | Mixed | 2 minor |
How these scores work
An AI model reads the management discussion, risk factors and legal sections of each report and records what they say, quoting the filing word for word. Fixed rules then turn those findings into a score from 0 to 100, where 60 means nothing notable either way. A score describes the report, not whether the stock is a good investment, and the AI may know how things turned out later, which can colour older scores. Read the methodology
From the 10-Q for Q3 FY2026 (period ended Sep 30, 2026), filed Oct 23, 2026. View filings on SEC EDGAR