JBHT FY 2024 Earnings Report — J.B. Hunt Transport Services, Inc. Revenue & Financial Results | Market Cap Arena

J.B. Hunt Transport Services, Inc.JBHT

FY 2024 Earnings

Reported February 21, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$12.1B	—	$12.8B	—	-5.8%
Op. Income	$831M	—	$993M	—	-16.3%
Gross Margin	17.1%	—	17.2%	—	-0.2pp
Net Margin	4.7%	—	5.7%	—	-1.0pp
EPS (Diluted)	$5.56	—	$6.97	—	-20.2%
Free Cash Flow	$618M	—	-$118M	—	624.4%

Revenue Flow

Item	Amount
REVENUE	$12.1B
Cost of Revenue	$10.0B
GROSS PROFIT	$2.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$664M
SG&A Expenses	$664M
Other Expenses	$568M
Operating Expenses	$1.2B
Cost & Expenses	$11.3B
OPERATING INCOME	$831M
Interest Income	$7M
Interest Expense	$79M
Other Income/Expenses	-$72M
INCOME BEFORE TAX	$760M
Income Tax Expense	$189M
Net Income from Continuing Ops	$571M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$571M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$571M
D&A	$761M
EBIT	$839M
EBITDA	$1.6B
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$12.1B
Cost of Revenue	$10.0B
GROSS PROFIT	$2.1B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$664M
SG&A Expenses	$664M
Other Expenses	$568M
Operating Expenses	$1.2B
Cost & Expenses	$11.3B
OPERATING INCOME	$831M
Interest Income	$7M
Interest Expense	$79M
Other Income/Expenses	-$72M
INCOME BEFORE TAX	$760M
Income Tax Expense	$189M
Net Income from Continuing Ops	$571M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$571M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$571M
D&A	$761M
EBIT	$839M
EBITDA	$1.6B
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$571M
Depreciation & Amortization	$761M
Stock-Based Compensation	$66M
Deferred Income Tax	-$90M
Other Non-Cash Items	$115M
Change in Working Capital	$61M
OPERATING CASH FLOW	$1.5B
Capital Expenditure	-$865M
Acquisitions (Net)	$4M
Purchases of Investments	$0
Sales/Maturities of Investments	$7M
Other Investing Activities	$191M
NET CASH FROM INVESTING	-$664M
Net Debt Issuance	-$100M
Common Stock Repurchased	-$550M
Common Dividends Paid	-$176M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$826M
FREE CASH FLOW	$618M
Net Change in Cash	-$6M

Balance Sheet

Item	Amount
Cash & Equivalents	$47M
Short-Term Investments	$0
Net Receivables	$1.5B
Inventory	$42M
Other Current Assets	$200M
TOTAL CURRENT ASSETS	$1.8B
PP&E (Net)	$6.0B
Goodwill	$134M
Intangible Assets	$97M
Long-Term Investments	$34M
Tax Assets	$215M
Other Non-Current Assets	$238M
TOTAL NON-CURRENT ASSETS	$6.8B
TOTAL ASSETS	$8.5B
Account Payables	$646M
Short-Term Debt	$598M
Deferred Revenue	$0
Other Current Liabilities	$312M
TOTAL CURRENT LIABILITIES	$1.7B
Long-Term Debt	$978M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$1.2B
Other Non-Current Liabilities	$454M
TOTAL NON-CURRENT LIABILITIES	$2.8B
TOTAL LIABILITIES	$4.5B
Common Stock	$2M
Additional Paid-In Capital	$584M
Retained Earnings	$7.4B
Treasury Stock	-$3.9B
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$4.0B
Minority Interest	$0
TOTAL EQUITY	$4.0B
TOTAL LIABILITIES & EQUITY	$8.5B
Total Debt	$1.8B
Net Debt	$1.7B