J.B. Hunt Transport Services, I (JBHT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

J.B. Hunt Transport Services, I

NasdaqGS•Industrials•Integrated Freight & Logistics

$221.08-0.98(<0.01%)Market closed

Market Cap

$21.06B

P/E

31.1x

P/S

1.6x

P/B

5.8x

J.B. Hunt Transport Services, Inc. provides surface transportation, delivery, and logistic services in the United States. It operates through five segments: Intermodal, Dedicated Contract Services, Integrated Capacity Solutions, Final Mile Services, and Truckload. The JBI segment offers intermodal freight solutions. It operates 124,838 pieces of company-owned trailing equipment; owns and maintains its chassis fleet of 104,474 units; and manages a fleet of 5,880 company-owned tractors, 308 independent contractor trucks, and 8,704 company drivers. The DCS segment designs, develops, and executes supply chain solutions that support various transportation networks. As of December 31, 2025, it operated 11,878 company-owned trucks, 761 customer-owned trucks, and a contractor trucks. It operates 26,767 owned pieces of trailing equipment and 5,218 customer-owned trailers. The ICS segment provides freight brokerage and transportation logistics solutions; flatbed, refrigerated, expedited, and less-than-truckload, as well as dry-van and intermodal solutions; online multimodal marketplace; and logistics management services for customers to outsource their transportation functions. The FMS segment delivers services through 1,085 company-owned trucks, 169 customer-owned trucks, and 39 independent contractor trucks; and 1,091 owned pieces of trailing equipment and 98 customer-owned trailers. The JBT segment provides dry-van freight services by utilizing tractors and trailers operating over roads and highways through two company-owned tractors and 12,658 company-owned trailers. It transports or arranges for the transportation of freight, such as general merchandise, specialty consumer items, appliances, home furnishings, forest, paper, rubber, plastic products, food, beverages, building materials, apparel, accessories, soaps, cosmetics, automotive parts, agricultural products, electronics, and chemicals. The company was incorporated in 1961 and is headquartered in Lowell, Arkansas.

How this company scores

GoodMetricSide Score: 76/100

Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (14/25).

Profitability15/25

Growth22/25

Balance Sheet & Red Flags14/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowHigh ROERising earningsLow leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 31.1x5y range 12.5x – 40.2x

Currently near its 20-quarter median.

P/S · 1.6x5y range 0.8x – 2.1x

Currently near its 20-quarter median.

P/B · 5.8x5y range 3.6x – 7.4x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Leverage Risk

Watch

Debt-to-equity has risen 22.4% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $21.06B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $13.33B
Q. Revenue: $3.68B
TTM EBITDA: $1.68B
TTM Op. Income: $960.05M
Q. Op. Income: $247.09M
TTM Net Income: $676.07M
Q. Net Income: $172.42M
EPS: $1.84
Shares Out.: $93.74M

$13.33B in TTM revenue grew 10.6% YoY, reaching $3.68B last quarter. TTM EBITDA of $1.68B and TTM operating income of $960.05M show growth is flowing through to the bottom line. TTM net income of $676.07M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 11.7%
Op. Margin: 6.7%
Net Margin: 4.7%

Op. margin of 6.7% is down 1.2% YoY — costs are rising relative to revenue. Net margin at 4.7% Over the past year, operating margin is down 15% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 31.1x
P/S Ratio: 1.6x
P/B Ratio: 5.8x

At 31.1x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.6x and P/B of 5.8x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 38% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $8.09B
Cash: $3.75M
Long-Term Debt: $1.12B
Book Value: $3.63B
D/E Ratio: 0.3
Debt/EBITDA: 2.6

With $8.09B in assets and $1.12B in long-term debt, D/E is 0.3and book value is $3.63B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $385.16M
TTM Free Cash Flow: $966.50M
FCF Margin: 7.3%
FCF / Net Income: 1.4

TTM FCF of $966.50M on $385.16M in operating cash flow. The FCF / Net Income ratio of 1.4x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 22% — a weakening trend.