Recent News
On June 12, 2025 the Board declared a quarterly cash dividend of $0.125 per share, payable June 30, 2025 to holders of record June 23, 2025.
On July 31, 2025 the company reported second-quarter 2025 results: $905.6 million revenue, segment detail for Intermodal and Logistics, and commentary on cost actions and a related asset agreement; the release included cash and restricted cash of $164 million as of June 30, 2025.
Brokerage coverage aggregated to an average “Moderate Buy” view with a $42.01 average 12‑month price objective reported July 28, 2025; several firms adjusted targets during the summer.
Technical Analysis
Directional indicators show no strong trend: ADX at 18.04 signals a non‑trending market environment, while DI+ at 27.29 experienced a peak-and-reverse, which reads as bearish directional pressure and reduces conviction for a sustained uptrend; DI- at 18.70 shows a dip-and-reversal that also registers bearish directional influence.
MACD registers at 0.56 with the MACD line above the 0.46 signal line and the MACD_trend increasing, which constitutes a bullish momentum signal and supports short-term upside pressure on price.
MRO sits at 28.28 and remains positive; that level indicates the market price lies above the model target and therefore carries potential for mean reversion downward from current levels despite recent momentum.
RSI at 55.25 with a peak-and-reversal trend suggests recent strength has begun to cool, implying momentum momentum may moderate even as price retains room above oversold thresholds.
Price sits at $37.35 above the 20‑day average ($36.54) and the 50‑day average ($35.41), with the 12‑day EMA increasing; those moving average alignments favor near-term upside, while the 200‑day average at $38.71 still lies above price and caps longer-term follow-through.
Bollinger position shows price crossing above the -1x stdDev band and remaining between the 1x bands, consistent with a rebound from short-term support; the chikou span sits above the Ichimoku cloud, adding a directional bias that supports continuation if momentum holds.
Fundamental Analysis
Revenue fell 19.62% year-over-year and declined 82.55% sequentially, reflecting meaningful near-term demand weakness. Operating income-based margins compressed: EBIT margin at 3.99% declined 6.19% QoQ and 4.71% YoY; operating margin equaled 3.81% and fell roughly 10.40% QoQ and 8.99% YoY. Those margin compressions weigh on earnings leverage and valuation multiple support.
Profitability returns remain low: return on equity at 1.51% fell 7.49% QoQ and 14.76% YoY, while return on assets at 0.90% declined 4.87% QoQ and 11.00% YoY. Cash conversion shows strength: free cash flow of $50,211,000 produces a free cash flow yield of 2.32%, which improved 10.81% YoY and supports capital allocation flexibility given net debt of $94,872,000 and cash of $137,048,000.
Liquidity and leverage show conservative profiles: current ratio at 1.42 improved 4.57% QoQ and 7.60% YoY, and debt-to-equity at 0.28 declined 6.21% QoQ; debt-to-assets stands at 16.52%. Interest coverage near 11.47x supports servicing cost and preserves operating flexibility.
Valuation multiples reflect mixed signals: price-to-book at 1.29x and price-to-sales at 2.39x sit below the industry peer mean on those metrics, while forward P/E sits at 57.34x and the enterprise multiple at 29.87x. WMDST values the stock as under-valued, with that assessment driven by cash flow yield, low net debt relative to market cap, and an enterprise value of $2,493,756,794 that leaves room for re-rating should margin recovery occur.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-06-30 |
| REPORT DATE: | 2025-08-07 |
| NEXT REPORT DATE: | 2025-11-06 |
| CASH FLOW | Begin Period Cash Flow | $ 141.1 M |
| Operating Cash Flow | $ 61.5 M | |
| Capital Expenditures | $ -11.29 M | |
| Change In Working Capital | $ -13.62 M | |
| Dividends Paid | $ -7.50 M | |
| Cash Flow Delta | $ 22.5 M | |
| End Period Cash Flow | $ 163.6 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 905.6 M | |
| Forward Revenue | $ 330.8 M | |
| COSTS | ||
| Cost Of Revenue | $ 831.6 M | |
| Depreciation | $ 47.4 M | |
| Depreciation and Amortization | $ 47.4 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 871.2 M | |
| PROFITABILITY | ||
| Gross Profit | $ 74.0 M | |
| EBITDA | $ 83.5 M | |
| EBIT | $ 36.1 M | |
| Operating Income | $ 34.5 M | |
| Interest Income | $ 1.0 M | |
| Interest Expense | $ 3.1 M | |
| Net Interest Income | $ -2.13 M | |
| Income Before Tax | $ 32.9 M | |
| Tax Provision | $ 7.9 M | |
| Tax Rate | 24.027 % | |
| Net Income | $ 25.2 M | |
| Net Income From Continuing Operations | $ 25.0 M | |
| EARNINGS | ||
| EPS Estimate | — | |
| EPS Actual | — | |
| EPS Difference | — | |
| EPS Surprise | — | |
| Forward EPS | $ 0.60 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 2.8 B | |
| Intangible Assets | $ 1.1 B | |
| Net Tangible Assets | $ 611.6 M | |
| Total Current Assets | $ 745.4 M | |
| Cash and Short-Term Investments | $ 137.0 M | |
| Cash | $ 137.0 M | |
| Net Receivables | $ 541.6 M | |
| Inventory | — | |
| Long-Term Investments | $ 45.4 M | |
| LIABILITIES | ||
| Accounts Payable | $ 235.3 M | |
| Short-Term Debt | $ 97.6 M | |
| Total Current Liabilities | $ 525.9 M | |
| Net Debt | $ 94.9 M | |
| Total Debt | $ 462.6 M | |
| Total Liabilities | $ 1.1 B | |
| EQUITY | ||
| Total Equity | $ 1.7 B | |
| Retained Earnings | $ 2.1 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 27.36 | |
| Shares Outstanding | 61.216 M | |
| Revenue Per-Share | $ 14.79 | |
| VALUATION | Market Capitalization | $ 2.2 B |
| Enterprise Value | $ 2.5 B | |
| Enterprise Multiple | 29.866 | |
| Enterprise Multiple QoQ | -1.355 % | |
| Enterprise Multiple YoY | 5.345 % | |
| Enterprise Multiple IPRWA | high: 117.168 mean: 37.584 median: 35.56 HUBG: 29.866 low: 2.89 |
|
| EV/R | 2.754 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.672 | |
| Asset To Liability | 2.608 | |
| Debt To Capital | 0.216 | |
| Debt To Assets | 0.165 | |
| Debt To Assets QoQ | -3.97 % | |
| Debt To Assets YoY | 357.673 % | |
| Debt To Assets IPRWA | high: 0.783 mean: 0.175 HUBG: 0.165 low: 0.001 median: 0.001 |
|
| Debt To Equity | 0.276 | |
| Debt To Equity QoQ | -6.208 % | |
| Debt To Equity YoY | 339.249 % | |
| Debt To Equity IPRWA | high: 2.837 mean: 0.656 HUBG: 0.276 low: 0.001 median: 0.001 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 1.294 | |
| Price To Book QoQ | -4.264 % | |
| Price To Book YoY | -21.036 % | |
| Price To Book IPRWA | high: 8.353 median: 6.315 mean: 5.274 HUBG: 1.294 low: 0.126 |
|
| Price To Earnings (P/E) | — | |
| Price To Earnings QoQ | — | |
| Price To Earnings YoY | — | |
| Price To Earnings IPRWA | — | |
| PE/G Ratio | — | |
| Price To Sales (P/S) | 2.394 | |
| Price To Sales QoQ | -1.701 % | |
| Price To Sales YoY | -12.214 % | |
| Price To Sales IPRWA | high: 7.153 median: 3.686 mean: 3.505 HUBG: 2.394 low: 0.371 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 57.338 | |
| Forward PE/G | — | |
| Forward P/S | 6.555 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 6.868 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.322 | |
| Asset Turnover Ratio QoQ | 0.155 % | |
| Asset Turnover Ratio YoY | -6.1 % | |
| Asset Turnover Ratio IPRWA | high: 0.784 HUBG: 0.322 mean: 0.199 median: 0.076 low: 0.02 |
|
| Receivables Turnover | 1.632 | |
| Receivables Turnover Ratio QoQ | 2.516 % | |
| Receivables Turnover Ratio YoY | -3.022 % | |
| Receivables Turnover Ratio IPRWA | high: 2.919 mean: 1.976 median: 1.927 HUBG: 1.632 low: 0.633 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 55.928 | |
| 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 | 4.126 | |
| CapEx To Revenue | -0.012 | |
| CapEx To Depreciation | -0.238 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 1.8 B | |
| Net Invested Capital | $ 1.9 B | |
| Invested Capital | $ 1.9 B | |
| Net Tangible Assets | $ 611.6 M | |
| Net Working Capital | $ 219.5 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.261 | |
| Current Ratio | 1.417 | |
| Current Ratio QoQ | 4.573 % | |
| Current Ratio YoY | 7.595 % | |
| Current Ratio IPRWA | high: 2.152 HUBG: 1.417 median: 1.313 mean: 1.246 low: 0.018 |
|
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 5.541 | |
| Cost Of Debt | 0.505 % | |
| Interest Coverage Ratio | 11.466 | |
| Interest Coverage Ratio QoQ | -4.29 % | |
| Interest Coverage Ratio YoY | 2.491 % | |
| Interest Coverage Ratio IPRWA | high: 44.954 mean: 13.342 HUBG: 11.466 median: 7.983 low: -0.25 |
|
| Operating Cash Flow Ratio | 0.136 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 27.082 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 3.366 | |
| Dividend Payout Ratio | 0.297 | |
| Dividend Rate | $ 0.12 | |
| Dividend Yield | 0.003 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -0.761 % | |
| Revenue Growth | -1.045 % | |
| Revenue Growth QoQ | -82.548 % | |
| Revenue Growth YoY | -19.615 % | |
| Revenue Growth IPRWA | high: 10.816 % mean: 1.111 % median: 0.271 % HUBG: -1.045 % low: -1.508 % |
|
| Earnings Growth | — | |
| Earnings Growth QoQ | — | |
| Earnings Growth YoY | — | |
| Earnings Growth IPRWA | — | |
| MARGINS | ||
| Gross Margin | 8.176 % | |
| Gross Margin QoQ | -0.632 % | |
| Gross Margin YoY | 1.288 % | |
| Gross Margin IPRWA | high: 24.885 % mean: 18.225 % median: 17.813 % HUBG: 8.176 % low: 0.618 % |
|
| EBIT Margin | 3.986 % | |
| EBIT Margin QoQ | -6.19 % | |
| EBIT Margin YoY | -4.71 % | |
| EBIT Margin IPRWA | high: 35.181 % median: 35.181 % mean: 22.781 % HUBG: 3.986 % low: -0.141 % |
|
| Return On Sales (ROS) | 3.807 % | |
| Return On Sales QoQ | -10.402 % | |
| Return On Sales YoY | -8.989 % | |
| Return On Sales IPRWA | high: 20.411 % mean: 9.114 % median: 8.586 % HUBG: 3.807 % low: 0.629 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 50.2 M | |
| Free Cash Flow Yield | 2.316 % | |
| Free Cash Flow Yield QoQ | 1.534 % | |
| Free Cash Flow Yield YoY | 10.813 % | |
| Free Cash Flow Yield IPRWA | high: 4.61 % HUBG: 2.316 % median: 0.343 % mean: 0.0 % low: -8.76 % |
|
| Free Cash Growth | -1.247 % | |
| Free Cash Growth QoQ | -99.849 % | |
| Free Cash Growth YoY | -88.404 % | |
| Free Cash Growth IPRWA | high: 128.824 % HUBG: -1.247 % mean: -78.087 % median: -138.253 % low: -294.67 % |
|
| Free Cash To Net Income | 1.989 | |
| Cash Flow Margin | 7.921 % | |
| Cash Flow To Earnings | 2.841 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 0.898 % | |
| Return On Assets QoQ | -4.873 % | |
| Return On Assets YoY | -11.001 % | |
| Return On Assets IPRWA | high: 4.26 % median: 2.928 % mean: 2.443 % HUBG: 0.898 % low: -0.899 % |
|
| Return On Capital Employed (ROCE) | 1.587 % | |
| Return On Equity (ROE) | 0.015 | |
| Return On Equity QoQ | -7.489 % | |
| Return On Equity YoY | -14.762 % | |
| Return On Equity IPRWA | high: 0.085 mean: 0.047 median: 0.03 HUBG: 0.015 low: -0.088 |
|
| DuPont ROE | 1.519 % | |
| Return On Invested Capital (ROIC) | 1.438 % | |
| Return On Invested Capital QoQ | -7.88 % | |
| Return On Invested Capital YoY | -105.283 % | |
| Return On Invested Capital IPRWA | high: 8.045 % mean: 3.053 % median: 2.562 % HUBG: 1.438 % low: -0.61 % |
|