Recent News
March 5, 2026 — J.B. Hunt announced an anticipated dual listing on the Nasdaq Texas stock exchange under the symbol JBHT. February 26, 2026 — the company earned its sixth consecutive “Best Overall Intermodal Provider” recognition. January 25, 2026 — an analyst upgrade appeared in coverage noting stronger near-term fundamentals.
Technical Analysis
ADX / DI+/DI-: ADX at 19.42 indicates no established trend; both directional indicators signal increasing downside pressure — DI+ shows a peak-and-reversal and DI- shows a dip-and-reversal, each aligned with weakening bullish breadth and short-term directional conflict that favors the downside for now.
MACD: MACD sits at 1.37 below its signal line of 3.80 with a peak-and-reversal visible, signifying declining bullish momentum. That configuration supports continued consolidation or a modest pullback unless MACD re-accelerates above its signal.
MRO: MRO reads 20.41 and remains positive, implying price currently sits above the model target and carries measurable downside pressure toward fair-value anchoring. The magnitude of the MRO suggests a moderate potential for price contraction toward target levels.
RSI: RSI at 58.09 with a peak-and-reversal indicates momentum has rolled down from recent highs while still below overbought extremes; momentum loss supports a range-bound window with occasional downward probes.
Price vs. Moving Averages & Bands: Last close $210.36 sits below the 20-day average ($224.09) and 50-day average ($214.76) but above the 200-day average ($168.99). Price trading beneath short-term averages while holding above the long-term mean points to short-term weakness inside a longer-term uptrend. Price trades below the 1x Bollinger lower band ($215.22), reflecting short-term downside extension relative to recent volatility.
Fundamental Analysis
Profitability: EBIT totaled $250,706,000 and the EBIT margin stands at 8.10%, marginally above the industry peer mean of 8.01% and slightly below the industry peer median of 8.69%. Margin expanded QoQ by 1.86% and improved YoY by 18.83%, supporting the narrative of operational leverage despite top-line pressures.
Revenue & Earnings: Reported total revenue reached $3,096,626,000. Reported revenue change shows a QoQ decline of 66.38% and a YoY change of -43.80%, indicating pronounced comparability effects or seasonal timing that materially compressed top-line growth this period. Diluted EPS came in at $1.90 versus an estimate of $1.82, producing a positive earnings surprise of 4.40%.
Cash Flow & Liquidity: Operating cash flow totaled $422,345,000 with free cash flow of $251,274,000 and a free cash flow yield of 1.45%, below the industry peer mean free cash flow yield of 2.23%. Cash and short-term investments totaled $17,284,000 and the current ratio measures 0.83, under the industry peer mean current ratio of 1.29, reflecting a lean short-term liquidity posture.
Leverage & Coverage: Total debt $1,466,797,000 produces debt-to-assets of 18.50% and debt-to-equity of 41.14%, both below the industry peer mean values, while interest coverage runs robust at 14.37x, indicating ample coverage of interest obligations relative to peers.
Efficiency & Returns: Asset turnover sits at 0.386 and approximates the industry peer mean of 0.373; return on assets registers 2.26% with YoY improvement of 20.81%, and return on equity at 5.08% with YoY growth of 31.17%. Those metrics show improving profitability on a lean asset base but remain modest in absolute terms.
Multiples & Valuation: Price-to-book equals 4.86, slightly below the industry peer mean of 5.18 and median of 5.22; trailing P/E sits at 96.36 with a forward P/E of 80.17 and an enterprise multiple near 43.66. The forward metrics remain elevated relative to cash flow yields and operating cash generation. The current valuation, as determined by WMDST, classifies the stock as over-valued given high earnings multiples and constrained free cash flow yield amid mixed top-line performance.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-12-31 |
| REPORT DATE: | 2026-01-15 |
| NEXT REPORT DATE: | 2026-04-16 |
| CASH FLOW | Begin Period Cash Flow | $ 52.3 M |
| Operating Cash Flow | $ 422.3 M | |
| Capital Expenditures | $ -134.32 M | |
| Change In Working Capital | $ 16.8 M | |
| Dividends Paid | $ -41.89 M | |
| Cash Flow Delta | $ -35.01 M | |
| End Period Cash Flow | $ 17.3 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 3.1 B | |
| Forward Revenue | $ 894.2 M | |
| COSTS | ||
| Cost Of Revenue | $ 2.7 B | |
| Depreciation | $ 179.2 M | |
| Depreciation and Amortization | $ 179.2 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 2.9 B | |
| PROFITABILITY | ||
| Gross Profit | $ 423.2 M | |
| EBITDA | $ 429.9 M | |
| EBIT | $ 250.7 M | |
| Operating Income | $ 246.5 M | |
| Interest Income | $ 4.2 M | |
| Interest Expense | $ 17.5 M | |
| Net Interest Income | $ -13.20 M | |
| Income Before Tax | $ 233.3 M | |
| Tax Provision | $ 52.2 M | |
| Tax Rate | 22.373 % | |
| Net Income | $ 181.1 M | |
| Net Income From Continuing Operations | $ 181.1 M | |
| EARNINGS | ||
| EPS Estimate | $ 1.82 | |
| EPS Actual | $ 1.90 | |
| EPS Difference | $ 0.08 | |
| EPS Surprise | 4.396 % | |
| Forward EPS | $ 2.21 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 7.9 B | |
| Intangible Assets | $ 210.4 M | |
| Net Tangible Assets | $ 3.4 B | |
| Total Current Assets | $ 1.6 B | |
| Cash and Short-Term Investments | $ 17.3 M | |
| Cash | $ 17.3 M | |
| Net Receivables | $ 1.2 B | |
| Inventory | $ 42.2 M | |
| Long-Term Investments | $ 574.5 M | |
| LIABILITIES | ||
| Accounts Payable | $ 655.6 M | |
| Short-Term Debt | $ 699.9 M | |
| Total Current Liabilities | $ 1.9 B | |
| Net Debt | $ 1.4 B | |
| Total Debt | $ 1.5 B | |
| Total Liabilities | $ 4.4 B | |
| EQUITY | ||
| Total Equity | $ 3.6 B | |
| Retained Earnings | $ 7.8 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 37.69 | |
| Shares Outstanding | 94.595 M | |
| Revenue Per-Share | $ 32.74 | |
| VALUATION | Market Capitalization | $ 17.3 B |
| Enterprise Value | $ 18.8 B | |
| Enterprise Multiple | 43.658 | |
| Enterprise Multiple QoQ | 23.453 % | |
| Enterprise Multiple YoY | 0.385 % | |
| Enterprise Multiple IPRWA | high: 115.89 mean: 46.758 JBHT: 43.658 median: 34.234 low: 2.046 |
|
| EV/R | 6.061 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 2.224 | |
| Asset To Liability | 1.817 | |
| Debt To Capital | 0.291 | |
| Debt To Assets | 0.185 | |
| Debt To Assets QoQ | -6.347 % | |
| Debt To Assets YoY | 207.614 % | |
| Debt To Assets IPRWA | high: 0.554 median: 0.391 mean: 0.37 JBHT: 0.185 low: 0.033 |
|
| Debt To Equity | 0.411 | |
| Debt To Equity QoQ | -8.257 % | |
| Debt To Equity YoY | 230.333 % | |
| Debt To Equity IPRWA | high: 2.844 median: 1.762 mean: 1.44 JBHT: 0.411 low: 0.043 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 4.858 | |
| Price To Book QoQ | 29.822 % | |
| Price To Book YoY | 9.526 % | |
| Price To Book IPRWA | high: 10.221 median: 5.223 mean: 5.181 JBHT: 4.858 low: 0.232 |
|
| Price To Earnings (P/E) | 96.363 | |
| Price To Earnings QoQ | 20.819 % | |
| Price To Earnings YoY | -16.741 % | |
| Price To Earnings IPRWA | high: 219.55 JBHT: 96.363 mean: 74.074 median: 41.949 low: -140.344 |
|
| PE/G Ratio | 12.114 | |
| Price To Sales (P/S) | 5.593 | |
| Price To Sales QoQ | 27.746 % | |
| Price To Sales YoY | -1.174 % | |
| Price To Sales IPRWA | high: 8.459 JBHT: 5.593 mean: 3.943 median: 3.462 low: 0.815 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 80.171 | |
| Forward PE/G | 10.078 | |
| Forward P/S | 19.369 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 2.316 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.386 | |
| Asset Turnover Ratio QoQ | 3.419 % | |
| Asset Turnover Ratio YoY | 2.123 % | |
| Asset Turnover Ratio IPRWA | high: 0.761 JBHT: 0.386 mean: 0.373 median: 0.339 low: 0.008 |
|
| Receivables Turnover | 2.589 | |
| Receivables Turnover Ratio QoQ | 2.357 % | |
| Receivables Turnover Ratio YoY | 2.344 % | |
| Receivables Turnover Ratio IPRWA | JBHT: 2.589 high: 2.495 mean: 1.991 median: 1.983 low: 1.171 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 35.239 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | — | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | — | |
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | -9.351 | |
| CapEx To Revenue | -0.043 | |
| CapEx To Depreciation | -0.75 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 4.3 B | |
| Net Invested Capital | $ 5.0 B | |
| Invested Capital | $ 5.0 B | |
| Net Tangible Assets | $ 3.4 B | |
| Net Working Capital | $ -331.15 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.009 | |
| Current Ratio | 0.829 | |
| Current Ratio QoQ | -4.423 % | |
| Current Ratio YoY | -21.461 % | |
| Current Ratio IPRWA | high: 1.812 mean: 1.289 median: 1.219 low: 0.849 JBHT: 0.829 |
|
| Quick Ratio | 0.807 | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | -21.685 % | |
| Quick Ratio IPRWA | high: 21.528 mean: 1.199 median: 1.172 JBHT: 0.807 low: 0.57 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 3.412 | |
| Cost Of Debt | 0.818 % | |
| Interest Coverage Ratio | 14.365 | |
| Interest Coverage Ratio QoQ | 5.798 % | |
| Interest Coverage Ratio YoY | 50.269 % | |
| Interest Coverage Ratio IPRWA | high: 24.425 JBHT: 14.365 mean: 11.454 median: 9.917 low: -7.955 |
|
| Operating Cash Flow Ratio | 0.218 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 22.898 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 4.322 | |
| Dividend Payout Ratio | 0.231 | |
| Dividend Rate | $ 0.44 | |
| Dividend Yield | 0.002 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -2.226 % | |
| Revenue Growth | 1.432 % | |
| Revenue Growth QoQ | -66.377 % | |
| Revenue Growth YoY | -43.799 % | |
| Revenue Growth IPRWA | high: 18.902 % mean: 5.982 % median: 5.507 % JBHT: 1.432 % low: -7.198 % |
|
| Earnings Growth | 7.955 % | |
| Earnings Growth QoQ | -76.842 % | |
| Earnings Growth YoY | 196.276 % | |
| Earnings Growth IPRWA | high: 88.889 % median: 25.849 % mean: 15.059 % JBHT: 7.955 % low: -75.342 % |
|
| MARGINS | ||
| Gross Margin | 13.666 % | |
| Gross Margin QoQ | -24.854 % | |
| Gross Margin YoY | -18.925 % | |
| Gross Margin IPRWA | high: 30.222 % median: 20.769 % mean: 17.898 % JBHT: 13.666 % low: 5.091 % |
|
| EBIT Margin | 8.096 % | |
| EBIT Margin QoQ | 1.862 % | |
| EBIT Margin YoY | 18.832 % | |
| EBIT Margin IPRWA | high: 10.777 % median: 8.692 % JBHT: 8.096 % mean: 8.014 % low: -2.859 % |
|
| Return On Sales (ROS) | 7.959 % | |
| Return On Sales QoQ | 0.138 % | |
| Return On Sales YoY | 16.821 % | |
| Return On Sales IPRWA | high: 10.519 % median: 8.786 % mean: 8.099 % JBHT: 7.959 % low: -7.05 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 251.3 M | |
| Free Cash Flow Yield | 1.451 % | |
| Free Cash Flow Yield QoQ | -44.954 % | |
| Free Cash Flow Yield YoY | 176.908 % | |
| Free Cash Flow Yield IPRWA | high: 4.561 % mean: 2.234 % median: 1.962 % JBHT: 1.451 % low: -2.947 % |
|
| Free Cash Growth | -28.688 % | |
| Free Cash Growth QoQ | -131.92 % | |
| Free Cash Growth YoY | -32.93 % | |
| Free Cash Growth IPRWA | high: 585.318 % median: 13.451 % mean: 12.384 % JBHT: -28.688 % low: -504.706 % |
|
| Free Cash To Net Income | 1.388 | |
| Cash Flow Margin | 13.639 % | |
| Cash Flow To Earnings | 2.333 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 2.258 % | |
| Return On Assets QoQ | 8.038 % | |
| Return On Assets YoY | 20.813 % | |
| Return On Assets IPRWA | high: 4.15 % median: 2.479 % JBHT: 2.258 % mean: 1.928 % low: -3.396 % |
|
| Return On Capital Employed (ROCE) | 4.184 % | |
| Return On Equity (ROE) | 0.051 | |
| Return On Equity QoQ | 6.189 % | |
| Return On Equity YoY | 31.173 % | |
| Return On Equity IPRWA | high: 0.11 median: 0.074 mean: 0.069 JBHT: 0.051 low: -0.194 |
|
| DuPont ROE | 5.074 % | |
| Return On Invested Capital (ROIC) | 3.868 % | |
| Return On Invested Capital QoQ | 8.499 % | |
| Return On Invested Capital YoY | -89.907 % | |
| Return On Invested Capital IPRWA | high: 8.168 % median: 4.936 % mean: 3.939 % JBHT: 3.868 % low: -1.948 % |
|