JB Hunt Transport Services (JBHT)
Market Price (3/14/2026): $200.25 | Market Cap: $19.0 BilSector: Industrials | Industry: Cargo Ground Transportation
JB Hunt Transport Services (JBHT)
Market Price (3/14/2026): $200.25Market Cap: $19.0 BilSector: IndustrialsIndustry: Cargo Ground Transportation
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14% | Weak multi-year price returns2Y Excs Rtn is -30%, 3Y Excs Rtn is -57% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -6.6%, Rev Chg QQuarterly Revenue Change % is -1.6% |
| Low stock price volatilityVol 12M is 42% | ||
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and Future of Freight. Themes include Last-Mile Delivery, Freight Technology, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 14% |
| Low stock price volatilityVol 12M is 42% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and Future of Freight. Themes include Last-Mile Delivery, Freight Technology, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -30%, 3Y Excs Rtn is -57% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -6.6%, Rev Chg QQuarterly Revenue Change % is -1.6% |
Qualitative Assessment
AI Analysis | Feedback
1. J.B. Hunt Transport Services (JBHT) reported stronger-than-expected financial results for the fourth quarter of 2025 on January 15, 2026. The company announced diluted earnings per share (EPS) of $1.90, surpassing analysts' consensus estimates of $1.81 by $0.09. Additionally, operating income for the quarter increased by 19% year-over-year.
2. The company demonstrated a significant commitment to returning capital to shareholders through substantial share repurchases. In the fourth quarter of 2025, J.B. Hunt purchased approximately 843,000 shares of its common stock for about $140 million. For the full year 2025, the company repurchased around 6.3 million shares totaling approximately $923 million.
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Stock Movement Drivers
Fundamental Drivers
The 15.3% change in JBHT stock from 11/30/2025 to 3/13/2026 was primarily driven by a 8.9% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 173.61 | 200.25 | 15.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 12,049 | 11,999 | -0.4% |
| Net Income Margin (%) | 4.8% | 5.0% | 4.9% |
| P/E Multiple | 29.2 | 31.8 | 8.9% |
| Shares Outstanding (Mil) | 96 | 95 | 1.4% |
| Cumulative Contribution | 15.3% |
Market Drivers
11/30/2025 to 3/13/2026| Return | Correlation | |
|---|---|---|
| JBHT | 15.3% | |
| Market (SPY) | -3.1% | 47.6% |
| Sector (XLI) | 7.1% | 67.8% |
Fundamental Drivers
The 38.8% change in JBHT stock from 8/31/2025 to 3/13/2026 was primarily driven by a 25.0% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 144.32 | 200.25 | 38.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 12,064 | 11,999 | -0.5% |
| Net Income Margin (%) | 4.6% | 5.0% | 8.6% |
| P/E Multiple | 25.4 | 31.8 | 25.0% |
| Shares Outstanding (Mil) | 97 | 95 | 2.7% |
| Cumulative Contribution | 38.8% |
Market Drivers
8/31/2025 to 3/13/2026| Return | Correlation | |
|---|---|---|
| JBHT | 38.8% | |
| Market (SPY) | 3.0% | 20.7% |
| Sector (XLI) | 8.8% | 35.5% |
Fundamental Drivers
The 25.6% change in JBHT stock from 2/28/2025 to 3/13/2026 was primarily driven by a 12.7% change in the company's P/E Multiple.| (LTM values as of) | 2282025 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 159.43 | 200.25 | 25.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 12,087 | 11,999 | -0.7% |
| Net Income Margin (%) | 4.7% | 5.0% | 5.6% |
| P/E Multiple | 28.2 | 31.8 | 12.7% |
| Shares Outstanding (Mil) | 101 | 95 | 6.3% |
| Cumulative Contribution | 25.6% |
Market Drivers
2/28/2025 to 3/13/2026| Return | Correlation | |
|---|---|---|
| JBHT | 25.6% | |
| Market (SPY) | 12.4% | 47.6% |
| Sector (XLI) | 22.0% | 53.3% |
Fundamental Drivers
The 14.1% change in JBHT stock from 2/28/2023 to 3/13/2026 was primarily driven by a 69.2% change in the company's P/E Multiple.| (LTM values as of) | 2282023 | 3132026 | Change |
|---|---|---|---|
| Stock Price ($) | 175.48 | 200.25 | 14.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 14,814 | 11,999 | -19.0% |
| Net Income Margin (%) | 6.5% | 5.0% | -23.8% |
| P/E Multiple | 18.8 | 31.8 | 69.2% |
| Shares Outstanding (Mil) | 104 | 95 | 9.3% |
| Cumulative Contribution | 14.1% |
Market Drivers
2/28/2023 to 3/13/2026| Return | Correlation | |
|---|---|---|
| JBHT | 14.1% | |
| Market (SPY) | 73.4% | 46.0% |
| Sector (XLI) | 70.2% | 54.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| JBHT Return | 51% | -14% | 16% | -14% | 15% | 8% | 62% |
| Peers Return | 38% | -18% | 45% | 14% | 9% | 15% | 135% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -1% | 80% |
Monthly Win Rates [3] | |||||||
| JBHT Win Rate | 67% | 42% | 50% | 50% | 67% | 67% | |
| Peers Win Rate | 65% | 38% | 58% | 48% | 58% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| JBHT Max Drawdown | -1% | -24% | -5% | -22% | -27% | 0% | |
| Peers Max Drawdown | -5% | -30% | -8% | -17% | -26% | -1% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -2% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: KNX, SNDR, ODFL, XPO, CHRW. See JBHT Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/13/2026 (YTD)
How Low Can It Go
| Event | JBHT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -29.0% | -25.4% |
| % Gain to Breakeven | 40.8% | 34.1% |
| Time to Breakeven | 608 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -37.1% | -33.9% |
| % Gain to Breakeven | 58.9% | 51.3% |
| Time to Breakeven | 81 days | 148 days |
| 2018 Correction | ||
| % Loss | -35.1% | -19.8% |
| % Gain to Breakeven | 54.2% | 24.7% |
| Time to Breakeven | 414 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -53.5% | -56.8% |
| % Gain to Breakeven | 114.9% | 131.3% |
| Time to Breakeven | 638 days | 1,480 days |
Compare to KNX, SNDR, ODFL, XPO, CHRW
In The Past
JB Hunt Transport Services's stock fell -29.0% during the 2022 Inflation Shock from a high on 3/16/2022. A -29.0% loss requires a 40.8% gain to breakeven.
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About JB Hunt Transport Services (JBHT)
AI Analysis | Feedback
1. J.B. Hunt is like **FedEx or UPS**, but for industrial freight and full truckloads, leveraging both road and rail instead of small packages.
2. J.B. Hunt is like **Penske or Ryder**, offering comprehensive logistics, dedicated contract services, and fleet management for businesses, not just basic hauling or rentals.
AI Analysis | Feedback
- Intermodal Freight Solutions: Transporting freight using a combination of rail and truck, primarily with company-owned equipment and chassis.
- Dedicated Contract Services: Designing and executing customized supply chain and transportation solutions with dedicated fleets for specific customer needs.
- Freight Brokerage and Logistics Management: Providing diverse freight brokerage for various modes (flatbed, refrigerated, LTL, FTL, intermodal) and offering comprehensive logistics management services.
- Final Mile Delivery: Offering specialized delivery services for the last leg of a product's journey to the end customer or business.
- Truckload Shipping: Providing traditional over-the-road dry-van freight transportation services utilizing company-owned tractors and trailers.
AI Analysis | Feedback
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nullAI Analysis | Feedback
The clear emerging threat to J.B. Hunt Transport Services is the accelerating development and potential widespread deployment of autonomous trucking technology. This innovation could fundamentally alter the cost structure and operational model of the transportation industry by significantly reducing or eliminating the need for human drivers. Given J.B. Hunt's substantial reliance on company drivers and independent contractors across its Intermodal, Dedicated Contract Services, Final Mile Services, and Truckload segments, a successful and scalable autonomous trucking solution by competitors or new entrants could render traditional, labor-intensive trucking operations less competitive, mirroring how Uber disrupted traditional taxicab businesses.
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Trade Ideas
Select ideas related to JBHT.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 02272026 | EFX | Equifax | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.0% | 0.0% | 0.0% |
| 02202026 | LZ | LegalZoom.com | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 7.2% | 7.2% | -5.0% |
| 02132026 | ADP | Automatic Data Processing | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 1.1% | 1.1% | -3.0% |
| 02132026 | TREX | Trex | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -3.2% | -3.2% | -5.9% |
| 02132026 | PCTY | Paylocity | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -0.6% | -0.6% | -4.8% |
| 02282025 | JBHT | JB Hunt Transport Services | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -9.5% | 46.4% | -22.6% |
| 03312024 | JBHT | JB Hunt Transport Services | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -13.1% | -25.0% | -25.9% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 175.07 |
| Mkt Cap | 19.7 |
| Rev LTM | 7,817 |
| Op Inc LTM | 762 |
| FCF LTM | 586 |
| FCF 3Y Avg | 275 |
| CFO LTM | 950 |
| CFO 3Y Avg | 886 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -0.4% |
| Rev Chg 3Y Avg | -4.3% |
| Rev Chg Q | 0.6% |
| QoQ Delta Rev Chg LTM | 0.1% |
| Op Mgn LTM | 6.1% |
| Op Mgn 3Y Avg | 6.0% |
| QoQ Delta Op Mgn LTM | 0.0% |
| CFO/Rev LTM | 11.7% |
| CFO/Rev 3Y Avg | 12.6% |
| FCF/Rev LTM | 4.6% |
| FCF/Rev 3Y Avg | 2.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 19.7 |
| P/S | 1.4 |
| P/EBIT | 24.8 |
| P/E | 38.5 |
| P/CFO | 16.5 |
| Total Yield | 3.7% |
| Dividend Yield | 1.0% |
| FCF Yield 3Y Avg | 1.8% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -13.3% |
| 3M Rtn | 4.6% |
| 6M Rtn | 27.1% |
| 12M Rtn | 25.5% |
| 3Y Rtn | 16.4% |
| 1M Excs Rtn | -10.9% |
| 3M Excs Rtn | 5.9% |
| 6M Excs Rtn | 23.1% |
| 12M Excs Rtn | 1.0% |
| 3Y Excs Rtn | -61.1% |
Comparison Analyses
Segment Financials
Assets by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Intermodal (JBI) | 3,507 | 3,391 | 3,270 | 2,858 | 2,426 |
| Dedicated Contract Services (DCS) | 2,195 | 2,355 | 1,952 | 1,630 | 1,482 |
| Other (includes corporate) | 1,389 | 1,389 | 1,160 | 1,003 | 947 |
| Final Mile Services (FMS) | 544 | 634 | 620 | 472 | 486 |
| Truckload (JBT) | 389 | 419 | 474 | 403 | 286 |
| Integrated Capacity Solutions (ICS) | 288 | 350 | 311 | 428 | 301 |
| Total | 8,312 | 8,538 | 7,787 | 6,794 | 5,928 |
Price Behavior
| Market Price | $200.25 | |
| Market Cap ($ Bil) | 19.0 | |
| First Trading Date | 03/26/1990 | |
| Distance from 52W High | -14.8% | |
| 50 Days | 200 Days | |
| DMA Price | $214.75 | $169.33 |
| DMA Trend | up | up |
| Distance from DMA | -6.8% | 18.3% |
| 3M | 1YR | |
| Volatility | 32.1% | 41.7% |
| Downside Capture | 97.48 | 96.75 |
| Upside Capture | 122.21 | 108.84 |
| Correlation (SPY) | 46.3% | 47.6% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.75 | 0.80 | 0.87 | 0.50 | 0.99 | 0.96 |
| Up Beta | -0.20 | 0.96 | 0.90 | 0.73 | 0.96 | 0.92 |
| Down Beta | 3.24 | 1.39 | 1.24 | 0.98 | 1.13 | 0.96 |
| Up Capture | 130% | 126% | 174% | 95% | 112% | 81% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 14 | 24 | 35 | 65 | 125 | 367 |
| Down Capture | -81% | -30% | -29% | -49% | 87% | 102% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 7 | 17 | 26 | 59 | 126 | 383 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with JBHT | |
|---|---|---|---|---|
| JBHT | 31.2% | 41.8% | 0.75 | - |
| Sector ETF (XLI) | 28.0% | 19.2% | 1.16 | 53.0% |
| Equity (SPY) | 19.6% | 18.9% | 0.81 | 47.5% |
| Gold (GLD) | 71.9% | 26.3% | 2.05 | 3.0% |
| Commodities (DBC) | 19.3% | 17.3% | 0.89 | 13.2% |
| Real Estate (VNQ) | 6.2% | 16.3% | 0.19 | 40.1% |
| Bitcoin (BTCUSD) | -15.0% | 44.2% | -0.24 | 16.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with JBHT | |
|---|---|---|---|---|
| JBHT | 5.6% | 31.6% | 0.22 | - |
| Sector ETF (XLI) | 13.4% | 17.1% | 0.62 | 59.5% |
| Equity (SPY) | 13.1% | 17.0% | 0.61 | 51.5% |
| Gold (GLD) | 24.1% | 17.3% | 1.14 | 4.6% |
| Commodities (DBC) | 11.2% | 19.0% | 0.47 | 13.3% |
| Real Estate (VNQ) | 4.8% | 18.8% | 0.16 | 42.9% |
| Bitcoin (BTCUSD) | 6.4% | 56.7% | 0.33 | 17.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with JBHT | |
|---|---|---|---|---|
| JBHT | 10.7% | 29.6% | 0.40 | - |
| Sector ETF (XLI) | 13.8% | 19.8% | 0.61 | 62.1% |
| Equity (SPY) | 14.5% | 17.9% | 0.70 | 56.1% |
| Gold (GLD) | 14.4% | 15.6% | 0.77 | 0.4% |
| Commodities (DBC) | 8.6% | 17.6% | 0.40 | 19.4% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.23 | 44.7% |
| Bitcoin (BTCUSD) | 67.5% | 66.8% | 1.07 | 11.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/15/2026 | -1.0% | 0.1% | 8.4% |
| 10/15/2025 | 22.1% | 21.4% | 20.1% |
| 7/15/2025 | 1.7% | 2.1% | -1.7% |
| 4/15/2025 | -7.7% | -3.5% | 9.8% |
| 1/16/2025 | -7.4% | -8.7% | -6.2% |
| 10/15/2024 | 3.1% | 0.6% | 8.6% |
| 7/16/2024 | -6.9% | -6.2% | -6.8% |
| 4/16/2024 | -8.1% | -8.4% | -8.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 12 | 16 |
| # Negative | 11 | 12 | 8 |
| Median Positive | 1.7% | 3.7% | 8.1% |
| Median Negative | -1.8% | -3.5% | -5.4% |
| Max Positive | 22.1% | 21.4% | 20.1% |
| Max Negative | -8.8% | -11.9% | -8.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/24/2026 | 10-K |
| 09/30/2025 | 10/24/2025 | 10-Q |
| 06/30/2025 | 07/24/2025 | 10-Q |
| 03/31/2025 | 04/25/2025 | 10-Q |
| 12/31/2024 | 02/21/2025 | 10-K |
| 09/30/2024 | 10/25/2024 | 10-Q |
| 06/30/2024 | 07/26/2024 | 10-Q |
| 03/31/2024 | 04/26/2024 | 10-Q |
| 12/31/2023 | 02/23/2024 | 10-K |
| 09/30/2023 | 10/27/2023 | 10-Q |
| 06/30/2023 | 07/27/2023 | 10-Q |
| 03/31/2023 | 04/28/2023 | 10-Q |
| 12/31/2022 | 02/24/2023 | 10-K |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 07/29/2022 | 10-Q |
| 03/31/2022 | 05/02/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Webb, Brian | EVP- Final Mile Services | Direct | Sell | 12092025 | 189.11 | 796 | 150,528 | 2,968,397 | Form |
| 2 | Bracy, Kevin | SR VP, Treasurer | Direct | Sell | 12092025 | 191.15 | 1,100 | 210,265 | 1,830,070 | Form |
| 3 | Keefauver, David | EVP of People | Direct | Sell | 12092025 | 189.29 | 1,588 | 300,593 | 104,110 | Form |
| 4 | Hicks, Bradley W | President of DCS | Direct | Sell | 12032025 | 190.04 | 2,000 | 380,090 | 5,796,182 | Form |
| 5 | Delco, Albert Brad | EVP & CFO | Direct | Sell | 12032025 | 179.54 | 1,000 | 179,540 | 1,264,500 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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