J.B. Hunt Transport Services (JBHT) FY2024 results: revenue $12.1 billion, down 5.8% on the year
J.B. Hunt Transport Services, Inc. (JBHT) reported revenue of $12.1 billion for fiscal 2024, the year ended 31 December 2024, down 5.8% on the year before. Net income was $571 million, down 21.6%, and diluted earnings per share $5.56. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2025.
Revenue
$12.1 billion
-5.8% on the year
FY2017FY2024
Operating margin
6.9%
7.7% a year earlier
FY2017FY2024
Net income
$571 million
-21.6% on the year
FY2017FY2024
Diluted EPS
$5.56
-20.2% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
1,483
1,745
1,777
-15.0%
Capital expenditure
865
1,862
1,541
-53.5%
Free cash flow
618
-118
236
Free cash flow margin
5.1%
-0.9%
1.6%
Cash from investing
-664
-1,685
-1,550
Cash from financing
-826
-58.0
-530
Depreciation and amortisation
761
738
645
+3.1%
Share-based compensation
65.7
79.2
77.5
-17.1%
Buybacks
514
160
300
+222.1%
Dividends paid
176
174
167
+0.9%
Dividend per share
$1.72
$1.68
$1.60
+2.4%
Diluted shares, weighted
103m
104m
105m
-1.6%
Shares outstanding at period end
101m
103m
104m
-2.6%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
4,015
4,104
3,667
-2.2%
Debt
1,478
1,576
1,262
-6.2%
Operating lease liabilities
214
253
n/a
-15.4%
Other liabilities
2,606
2,655
2,858
-1.9%
Total liabilities and equity
8,312
8,588
7,787
-3.2%
Fixed assets
5,730
5,774
4,980
-0.8%
Goodwill
134
n/a
n/a
Intangible assets
96.9
134
116
-27.6%
Securities held for sale or to maturity
0.0
n/a
n/a
Cash and equivalents
47.0
53.3
51.9
-11.9%
Receivables
1,224
1,335
1,528
-8.3%
Inventory
41.7
42.2
40.6
-1.2%
Other assets
1,039
1,250
1,070
-16.9%
Total assets
8,312
8,588
7,787
-3.2%
10-K for the year ended 31 December 2024, filed 21 February 2025: the filing.