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J.B. Hunt Transport Services, Inc.
S&P 500
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$26.7B
Market Cap
31.8
P/E
2.17
PEG
12.5%
ROCE
15.8%
ROE
0.22
D/E
7.2%
OPM
-12.8%
% from 52W High
82
α RS
🔍 JBHT is showing a momentum setup because RS Rating is 82, an ECS of 52 last quarter, and it's within 12.8% of its 52-week high. Net: Broad signal stack, not a recommendation. ? RS Rating ECS 52W High
Sources
RS Rating 82 · ECS 52 · 12.8% from 52W high
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🌏 Global Investor Returns
Currency-adjusted total returns for JBHT including FX impact
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📈 Price History
Ratio Health
Excellent
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Average
Poor
By Category
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About

J.B. Hunt Transport Services, Inc. provides surface transportation, delivery, and logistic services in the United States.

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📈 Growth Pattern
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Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 71.4K $15.1M 0.02% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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Good quarter Investor Presentation One-Pager? Q2 2026
Revenue
$3.50B
+19% YoY
Operating Income
$259.5M
+32% YoY
Operating Margin
7.4%
+0.7pp YoY
Net Income
$181.0M
+41% YoY
What Went Right
  • Intermodal volumes hit a record 578,000 loads, up 10% YoY; Eastern network grew 16%
  • Removed over $135M of structural costs over the past year, supporting margin repair
  • EPS rose 45% YoY to $1.91, with double-digit volume growth in JBI, ICS and JBT
What to Watch
  • JBT gross profit dollars fell 12% YoY due to sharply higher purchased transportation rates, especially in the trailer network
  • DCS estimated fuel was a ~100bp headwind to operating margin percentage in Q2
  • Driver market is very tight, prompting sign-on bonuses and targeted wage increases that add cost pressure
Management Guidance
  • No quantitative revenue or EPS guidance provided
  • 2026 annual effective tax rate now expected between 24.0% and 24.5%
  • DCS retained full-year gross truck sales target of 1,000–1,200 new trucks; expects return to fleet growth with modest 2026 operating income growth
Investor Lens
The thesis is stronger after this call. Management delivered record Intermodal volumes, double-digit growth in JBI/ICS/JBT, and continued cost discipline that has removed $135M of structural costs. Pricing is just beginning to reprice higher, especially in Intermodal into the 2027 bid season, so margin upside may still be ahead. The tight driver market and purchase transportation inflation are real risks, but J.B. Hunt appears well positioned to gain share in a capacity-constrained freight cycle.
From investor presentation · AI-generated analysis · Not investment advice
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📈 STRONG Strong quarter: revenue +19%, EPS +45%, record Intermodal volumes
Revenue
Total revenue was $3.50B, up 19% YoY; excluding fuel surcharge revenue, revenue increased 11%. JBI revenue rose 22% to $1.75B on 10% volume growth, while DCS revenue increased 9% to $921M.
Profitability
Net income was $181.0M versus $128.6M in Q2 2025, up ~41%, with diluted EPS of $1.91 versus $1.31. Operating income increased 32% to $259.5M from $197.3M.
Margins
Operating margin improved to roughly 7.4% from 6.7% a year ago, helped by productivity gains, lower structural costs, and lower group medical claims. Fuel was a headwind in DCS, and higher purchased transportation costs pressured JBT and ICS margins.
Balance Sheet
No specific cash or debt figures were provided. Management reiterated a strong investment-grade balance sheet, lower net interest expense versus last year on a lower average debt balance, and continued disciplined capital deployment.
Key Risks
Management flagged tight driver availability and rising driver wages, especially in drayage and truckload markets. JBT and ICS face gross margin pressure from higher purchase transportation rates, and Intermodal pricing still lags the sharp run-up in truckload rates.
Outlook
No formal revenue guidance was given. Management expects continued strong demand, with Intermodal pricing opportunities improving into the 2027 bid season and DCS's record pipeline supporting future growth.
Generated by AI · Q2 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-15
Strong quarterly results with double-digit revenue, operating income, and EPS growth were driven by disciplined execution, cost control, and market share gains across all major segments. Tightening capacity and regulatory changes are creating further growth and pricing opportunities.
Q1 2026 Q1 2026 2026-04-15
Strong year-over-year financial and operational improvements were achieved, with revenue up 5%, operating income up 16%, and EPS up 27%. Market share gains, disciplined cost control, and robust segment performance position the company for continued growth despite ongoing regulatory and inflationary pressures.
Q4 2025 Q4 2025 2026-01-15
Revenue and volumes declined modestly year-over-year, but operating income and EPS improved due to strong cost management and operational excellence. The outlook for 2026 is cautious but optimistic, with disciplined growth, margin repair, and continued investment in people, technology, and capacity prioritized.
Q3 2025 Q3 2025 2025-10-15
Revenue was flat year-over-year, but operating income rose 8% and EPS increased 18% as cost management and operational excellence offset inflationary pressures. Over $20 million in structural costs were eliminated this quarter, with most of the $100 million target expected in 2026. Intermodal and dedicated segments showed resilience despite soft demand.
Q2 2025 Q2 2025 2025-07-15
Q2 2025 saw flat revenue and a 4% drop in operating income, with strong free cash flow and record share repurchases. Intermodal volumes grew 6% year-over-year, dedicated fleet growth resumed, and $100 million in cost reductions were identified to support future margin improvement.
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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