JB Hunt Transport Services Inc (JBHT)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,670,837 | 1,457,519 | 1,459,689 | 1,705,001 | 1,970,216 | 2,274,877 | 2,390,911 | 2,488,245 | 2,472,528 | 2,399,161 | 2,237,238 | 2,024,016 | 1,869,819 | 1,719,493 | 1,592,975 | 1,505,903 | 1,449,880 | 1,447,876 | 1,484,234 | 1,530,903 |
| Revenue (ttm) | US$ in thousands | 12,087,200 | 12,244,550 | 12,340,130 | 12,544,070 | 12,829,660 | 13,175,580 | 13,850,090 | 14,555,000 | 14,814,000 | 14,661,350 | 13,967,900 | 13,038,740 | 12,168,300 | 11,408,980 | 10,736,690 | 9,973,890 | 9,636,570 | 9,349,240 | 9,240,380 | 9,356,460 |
| Gross profit margin | 13.82% | 11.90% | 11.83% | 13.59% | 15.36% | 17.27% | 17.26% | 17.10% | 16.69% | 16.36% | 16.02% | 15.52% | 15.37% | 15.07% | 14.84% | 15.10% | 15.05% | 15.49% | 16.06% | 16.36% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,670,837K ÷ $12,087,200K
= 13.82%
JB Hunt Transport Services Inc's gross profit margin has fluctuated over the period from March 31, 2020, to December 31, 2024. The trend shows that the gross profit margin experienced a decline from 16.36% in March 2020 to 11.83% in June 2024, before slightly increasing to 13.82% by December 2024.
The fluctuations in the gross profit margin may indicate changes in the company's cost structure, pricing strategy, or efficiency in managing its operations. A declining trend in the gross profit margin could raise concerns about the company's ability to generate profit from its core operations.
It is essential for investors and analysts to further investigate the factors driving these changes in the gross profit margin to assess the company's financial health and performance sustainability. Additionally, monitoring the trend in the gross profit margin can provide insights into JB Hunt Transport Services Inc's competitiveness and profitability in the transportation and logistics industry.
Peer comparison
Dec 31, 2024