J.B. Hunt Transport Services (JBHT) FY2015 results: revenue $6.2 billion, up 0.4% on the year
J.B. Hunt Transport Services, Inc. (JBHT) reported revenue of $6.2 billion for fiscal 2015, the year ended 31 December 2015, up 0.4% on the year before. Net income was $427 million, up 14.0%, and diluted earnings per share $3.66. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2016.
Revenue
$6.2 billion
+0.4% on the year
FY2008FY2015
Operating margin
11.6%
10.2% a year earlier
FY2008FY2015
Net income
$427 million
+14.0% on the year
FY2008FY2015
Diluted EPS
$3.66
+15.8% on the year
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
6,188
6,165
5,585
+0.4%
Operating income
716
632
577
+13.3%
Operating margin
11.6%
10.2%
10.3%
Interest expense
25.6
27.0
23.2
-5.4%
Pre-tax income
690
605
554
+14.2%
Income tax
263
230
211
+14.4%
Effective tax rate
38.1%
38.0%
38.1%
Net income
427
375
342
+14.0%
Net margin
6.9%
6.1%
6.1%
Diluted EPS
$3.66
$3.16
$2.87
+15.8%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
873
647
574
+35.0%
Capital expenditure
725
809
493
-10.3%
Free cash flow
148
-162
80.9
Free cash flow margin
2.4%
-2.6%
1.4%
Cash from investing
-577
-660
-443
Cash from financing
-297
13.0
-132
Depreciation and amortisation
340
294
253
+15.3%
Share-based compensation
37.2
35.3
32.4
+5.4%
Buybacks
262
125
115
+109.8%
Dividends paid
97.4
93.6
52.8
+4.0%
Dividend per share
$0.84
$0.80
$0.45
+5.0%
Diluted shares, weighted
117m
118m
119m
-1.4%
Shares outstanding at period end
114m
117m
117m
-2.3%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
1,300
1,205
1,012
+8.0%
Debt
1,005
934
708
+7.7%
Other liabilities
1,331
1,236
1,099
+7.7%
Total liabilities and equity
3,637
3,374
2,819
+7.8%
Fixed assets
2,701
2,483
2,112
+8.8%
Trading assets
n/a
n/a
12.7
Cash and equivalents
5.6
6.0
5.8
-6.6%
Receivables
624
654
569
-4.5%
Inventory
23.2
27.7
26.2
-16.4%
Other assets
282
204
93.9
+38.3%
Total assets
3,637
3,374
2,819
+7.8%
10-K for the year ended 31 December 2015, filed 23 February 2016: the filing.