HUNT J B TRANSPORT SERVICES INC

Listed Company

JBHTCIK 0000728535NasdaqLarge AcceleratedTrucking (No Local)ArkansasFY ends Dec 31

Period

FY 2025

Revenue

—

Net Income

$598.28M

Total Assets

$7.93B

Equity

$3.57B

Shares Out

94.30M

Op. Cash Flow

$1.68B

Business

HUNT J B TRANSPORT SERVICES INC is a holding company that provides surface transportation, delivery, and logistics services. It offers intermodal and full-truckload transportation, dedicated contract logistics, freight brokerage and third-party carrier arrangements, last-mile delivery and installation, and technology-enabled load matching via its J. B. Hunt 360 platform. The company reports results across five operating segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). It serves customers throughout the continental United States, Canada, and Mexico using company-controlled equipment, independent contractors, third-party carriers, cross-dock networks, and online distribution channels.

Summary from filing dated 2025-02-21

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Operating revenues	11,999	12,087	12,830	14,814	12,168
Rents and purchased transportation	5,306	5,378	5,873	7,392	6,449
Salaries, wages and employee benefits	3,236	3,232	3,257	3,373	2,762
Depreciation and amortization	715	761	738	645	557
Fuel and fuel taxes	633	652	751	932	531
Operating supplies and expenses	512	495	509	503	369
Insurance and claims	335	314	316	318	165
General and administrative expenses, net of asset dispositions	282	306	275	215	196
Operating taxes and licenses	72	73	75	68	59
Communication and utilities	44	44	42	37	35
Total operating expenses	11,134	11,256	11,836	13,482	11,123
Operating income	865	831	993	1,332	1,046
Interest income	4	7	8	1	493,000
Interest expense	75	79	66	—	—
Earnings before income taxes	794	760	935	1,281	1,000
Income taxes	196	189	207	312	239
Net earnings	598	571	728	969	761
Weighted average basic shares outstanding (in shares)	97	102	103	104	105
Basic earnings per share (in dollars per share)	6.16	5.6	7.04	9.31	7.22
Weighted average diluted shares outstanding (in shares)	98	103	104	105	107
Diluted earnings per share (in dollars per share)	6.12	5.56	6.97	9.21	7.14

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2022 2022-09-30
Current assets:	17	47	53	52	—
Trade accounts receivable, net	1,160	1,224	1,335	1,528	—
Other receivables	200	258	—	—	—
Inventories	42	42	42	41	—
Prepaid expenses and other current assets	185	200	300	260	—
Total current assets	1,604	1,771	1,961	2,212	—
Revenue and service equipment	7,566	7,541	7,293	6,816	—
Land	313	269	258	89	—
Structures and improvements	593	533	463	382	—
Software, office equipment and furniture	877	805	754	713	—
Total property and equipment	9,348	9,149	8,768	7,999	—
Less accumulated depreciation	3,810	3,419	2,994	3,020	—
Net property and equipment	5,538	5,730	5,774	4,980	—
Goodwill	134	134	—	—	—
Other intangible assets, net	76	97	134	116	—
Other assets	575	581	585	359	—
Total assets	7,927	8,312	8,588	7,787	—
Current portion of long-term debt	700	500	250	0	0
Trade accounts payable	656	646	737	799	—
Claims accruals	310	257	220	452	—
Accrued payroll and payroll taxes	110	122	95	188	—
Other accrued expenses	159	153	150	129	—
Total current liabilities	1,935	1,678	1,453	1,568	—
Long-term debt	767	978	1,326	1,262	—
Long-term claims accruals	444	369	327	—	—
Other long-term liabilities	307	377	393	369	—
Deferred income taxes	908	896	986	921	—
Total liabilities	4,362	4,298	4,484	4,120	—
Preferred stock, $100 par value. 10 million shares authorized; none outstanding	0	0	0	0	—
Common stock, $.01 par value. 1 billion shares authorized; (167,099,432 shares issued at December 31, 2025 and 2024, of which 94,594,725 and 100,555,126 shares were outstanding at December 31, 2025 and 2024, respectively)	2	2	2	2	—
Additional paid-in capital	627	584	549	500	—
Retained earnings	7,801	7,373	6,978	6,424	—
Treasury stock, at cost (72,504,707 shares at December 31, 2025, and 66,544,306 shares at December 31, 2024)	−4,865	−3,945	−3,425	−3,259	—
Total shareholders equity	3,565	4,015	4,104	3,667	—
Total liabilities and shareholders' equity	7,927	8,312	8,588	7,787	—

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	715	761	738	645	557
Noncash lease expense	96	100	98	84	55
Share-based compensation	72	66	79	78	62
Loss on sale of revenue equipment and other	14	15	28	—	—
Deferred income taxes	12	−90	66	175	53
Trade accounts receivable	64	111	259	−14	−382
Income taxes receivable or payable	82	−26	12	−69	−31
Other current assets	18	95	−39	−84	−15
Trade accounts payable	59	−110	−48	−24	140
Claims accruals	61	48	18	118	35
Accrued payroll and other accrued expenses	−112	−57	−194	−75	−17
Net cash provided by operating activities	1,678	1,483	1,745	1,777	1,224
Additions to property and equipment	−731	−865	−1,862	−1,541	−948
Proceeds from sale of equipment	156	191	262	109	71
Proceeds from sale of investment	0	7	0	0	—
Business acquisitions	0	4	−85	−118	0
Net cash used in investing activities	−575	−664	−1,685	−1,550	−877
Proceeds from long-term debt	750	0	0	—	0
Payments on long-term debt	−500	−250	0	−350	0
Proceeds from revolving lines of credit and other	2,477	3,071	2,224	1,738	0
Payments on revolving lines of credit and other	−2,741	−2,921	−1,911	−1,421	0
Purchase of treasury stock	−923	−514	−160	−300	−152
Stock repurchased for payroll taxes and other	−25	−36	−37	−31	−28
Dividends paid	−171	−176	−174	−167	−124
Net cash used in financing activities	−1,133	−826	−58	−530	−305
Net (decrease)/increase in cash and cash equivalents	−30	−6	1	−304	42
Interest	67	81	66	50	47
Income taxes	124	305	135	196	204
Accruals for equipment received	24	74	45	107	60

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro