Industrials · Cargo Ground Transportation · US stock · price as of 16 Oct 2026
Key indicators
Price
$228.78
52-week range
$156.95 – $299.26
Market cap
$21.7B
P/E (trailing)
32.6×
EV / EBITDA
13.7×
Free-cash-flow yield
5.1%
Dividend yield
0.8%
Revenue (last 12 months)
$12.7B
Revenue growth (3y a year)
−6.8%
Operating margin
7.5%
Return on invested capital
15.1%
Net debt / EBITDA
0.7×
Fair value
Blended fair value$194.47 range $186 – $202
Versus priceFair−15% to fair value
Peer multiples
$207.27
Fundamentals-adjusted multiple
$208.74
10-year DCF (market-scaled)
$167.41
Earnings power value (floor, not blended)
$80.04
Model uncertainty
Medium
X-Ray Score
48/ 100 · Medium confidence · ahead of 37% of sector peers
Valuation48
Growth26
Profitability60
Financial health63
Dividends31
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
J.B. Hunt Transport Services is a North American surface transportation company. Its businesses include intermodal service that moves containers by rail with trucking at each end, dedicated contract trucking for customers who want a fixed fleet and drivers, brokerage and managed freight capacity, final-mile delivery of bulky goods, and truckload carriage. Customers are retailers, manufacturers and other shippers, and the company works with major railroads and owns a large fleet of containers and trailers.
Revenue comes from freight charges and service fees across its different transport lines. Sales were $12.7 billion over the last twelve months, with growth of -6.8% a year across the last three years, a decline. The operating margin is 7.5%, and the business earns a profit of 15% on the capital invested in it. Net debt is 0.7 times EBITDA. A dividend is paid, with a yield of 0.8%.
StocksXray gives Hunt J B Transport Services Inc an X-Ray Score of 48 out of 100 (medium confidence), ahead of 37% of the S&P 500 stocks in its sector. Its strongest lens is financial health (63) and its weakest is growth (26).
Our fair value blend is $194.47 (range $186.42 to $201.97). At $228.78 the stock trades 18% above that blend, so the label is "Fair" with medium model uncertainty. Fair value is a range, not a price target.
XStocksXray
Hunt J B Transport Services Inc (JBHT)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2021
FY2022
FY2023
FY2024
FY2025
Now
Price
$195.50
$168.28
$194.51
$167.77
$193.27
$228.78
Market cap
$20.8B
$17.7B
$20.3B
$17.2B
$18.9B
$21.7B
P/E
27.4×
18.3×
27.9×
30.2×
31.6×
32.6×
EV / revenue
1.8×
1.3×
1.7×
1.5×
1.7×
1.8×
EV / EBITDA
13.6×
9.6×
12.6×
11.7×
12.9×
13.7×
Price / free cash flow
75.4×
75.0×
–
27.9×
19.9×
19.8×
Free-cash-flow yield
1.3%
1.3%
−0.6%
3.6%
5.0%
5.1%
Price / book
6.7×
4.8×
5.0×
4.3×
5.3×
5.9×
Dividend yield
0.60%
0.95%
0.86%
1.03%
0.23%
0.78%
Fundamentals checklist ● 5 Good · ● 5 Average · ● 4 Bad · each check graded against the sector
Cash quality
Earnings backed by cash−11.6%Good
Free-cash-flow yield5.1%Good
Risk models
Piotroski F-Score7 of 9Good
Growth
EPS growth (3y)−12.7%Bad
Free-cash-flow growth (3y)58.9%Good
Revenue growth (3y)−6.8%Bad
Growth consistency20%Bad
Balance sheet
Current ratio1.3×Average
Net debt / EBITDA0.7×Good
Interest cover13.7×Average
Valuation
Fair value vs price0.9×Average
EBIT / EV yield4.2%Average
Profitability
Return on invested capital15.1%Average
Operating margin7.5%Bad
XStocksXray
Hunt J B Transport Services Inc (JBHT)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY21
FY22
FY23
FY24
FY25
LTM
Revenue
12,168
14,814
12,830
12,087
11,999
12,701
Gross profit
–
–
–
–
–
–
Operating income
1,046
1,332
993
831
865
956
Net income
761
969
728
571
598
675
Diluted EPS ($)
7.14
9.21
6.97
5.56
6.12
7.01
Free cash flow
276
236
-118
618
948
1,100
Gross margin
–
–
–
–
–
–
Operating margin
8.6%
9.0%
7.7%
6.9%
7.2%
7.5%
Net margin
6.3%
6.5%
5.7%
4.7%
5.0%
5.3%
Balance sheet
FY21
FY22
FY23
FY24
FY25
LTM
Total assets
6,794
7,787
8,588
8,312
7,927
7,945
Cash
356
52
53
47
17
4
Total debt
1,301
1,262
1,576
1,478
1,467
1,145
Equity
3,118
3,667
4,104
4,015
3,565
3,657
Dividend per share ($)
1.18
1.60
1.68
1.72
0.44
0.46
Revenue and net income US$ billions: navy revenue, teal net income
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.