J.B. Hunt Transport Services (JBHT) FY2021 results: revenue $12.2 billion, up 26.3% on the year
J.B. Hunt Transport Services, Inc. (JBHT) reported revenue of $12.2 billion for fiscal 2021, the year ended 31 December 2021, up 26.3% on the year before. Net income was $761 million, up 50.3%, and diluted earnings per share $7.14. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2022.
Revenue
$12.2 billion
+26.3% on the year
FY2014FY2021
Operating margin
8.6%
7.4% a year earlier
FY2014FY2021
Net income
$761 million
+50.3% on the year
FY2014FY2021
Diluted EPS
$7.14
+50.6% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
1,224
1,123
1,098
+9.0%
Capital expenditure
948
739
854
+28.3%
Free cash flow
276
384
244
-28.1%
Free cash flow margin
2.3%
4.0%
2.7%
Cash from investing
-877
-613
-804
Cash from financing
-305
-232
-267
Depreciation and amortisation
557
527
499
+5.6%
Share-based compensation
61.5
60.7
53.3
+1.3%
Buybacks
152
92.5
276
+63.9%
Dividends paid
124
114
112
+8.9%
Dividend per share
$1.18
$1.08
$1.04
+9.3%
Diluted shares, weighted
107m
107m
108m
-0.2%
Shares outstanding at period end
105m
106m
106m
-0.5%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
3,118
2,600
2,267
+19.9%
Debt
1,301
1,305
1,296
-0.3%
Other liabilities
2,375
2,023
1,908
+17.4%
Total liabilities and equity
6,794
5,928
5,471
+14.6%
Fixed assets
4,068
3,689
3,621
+10.3%
Goodwill
101
105
96.3
-4.6%
Intangible assets
90.6
107
107
-15.2%
Cash and equivalents
356
313
35.0
+13.5%
Receivables
1,507
1,124
1,012
+34.0%
Inventory
25.0
23.8
21.1
+5.2%
Other assets
648
566
579
+14.6%
Total assets
6,794
5,928
5,471
+14.6%
10-K for the year ended 31 December 2021, filed 25 February 2022: the filing.