JB Hunt Transport Services Inc (JBHT)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 17.07% | 18.68% | 16.69% | 15.37% | 15.05% |
| Operating profit margin | 6.88% | 7.74% | 4.64% | 4.01% | 1.93% |
| Pretax margin | 6.28% | 7.29% | 8.65% | 8.22% | 6.91% |
| Net profit margin | 4.72% | 5.68% | 6.54% | 6.25% | 5.25% |
JB Hunt Transport Services Inc's gross profit margin has shown a consistent improvement from 15.05% in December 2020 to 17.07% in December 2024, with a peak of 18.68% in December 2023. This indicates the company's ability to efficiently manage its production costs.
The operating profit margin has also demonstrated positive growth over the years, increasing from 1.93% in December 2020 to 6.88% in December 2024. However, there was a slight dip in 2023 after reaching a high of 7.74%. This suggests the company's operational efficiency has improved but experienced some fluctuations.
The pretax margin has been relatively stable, hovering around the range of 6-9% between 2020 and 2024, albeit with a slight decline in 2024 to 6.28%. This implies the company's ability to manage its operating expenses well but faced some challenges in generating pre-tax profits in 2024.
On the other hand, JB Hunt's net profit margin has shown a declining trend from 5.25% in December 2020 to 4.72% in December 2024. This highlights a decrease in the company's profitability after reaching a peak of 6.54% in 2022, indicating a decrease in net income relative to its revenue.
Overall, JB Hunt Transport Services Inc has displayed positive trends in its gross and operating profit margins, while facing challenges in maintaining its pretax and net profit margins in recent years.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 10.00% | 11.63% | 8.87% | 7.19% | 3.12% |
| Return on assets (ROA) | 6.87% | 8.53% | 12.52% | 11.20% | 8.51% |
| Return on total capital | 20.89% | 24.39% | 16.45% | 13.90% | 5.38% |
| Return on equity (ROE) | 14.22% | 17.75% | 26.44% | 24.40% | 19.46% |
JB Hunt Transport Services Inc has shown a positive trend in profitability ratios over the years.
- Operating return on assets (Operating ROA) has improved consistently, from 3.12% in December 2020 to 10.00% in December 2024, indicating the company's ability to generate operating income relative to its total assets has been steadily increasing.
- Return on assets (ROA) fluctuated, peaking in December 2022 at 12.52%, but falling to 6.87% by December 2024. This suggests that while the company was efficient in generating profits from its assets in the middle of the period, it faced challenges in maintaining this efficiency towards the end.
- Return on total capital has shown significant growth from 5.38% in December 2020 to 20.89% in December 2024, reflecting the company's capability in generating profits from the total invested capital, including debt and equity.
- Return on equity (ROE) has displayed a similar pattern to ROA, with a peak in December 2022 at 26.44% but declining to 14.22% by December 2024. This indicates a decrease in the profitability relative to the shareholders' equity over the period.
Overall, JB Hunt Transport Services Inc has demonstrated an improving trend in profitability metrics, although there were fluctuations in some ratios towards the end of the period, which may require a closer examination to understand the underlying reasons.