JB Hunt Transport Services Inc (JBHT)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 570,886 | 728,287 | 969,351 | 760,806 | 506,035 |
| Revenue | US$ in thousands | 12,087,200 | 12,829,700 | 14,814,000 | 12,168,300 | 9,636,570 |
| Net profit margin | 4.72% | 5.68% | 6.54% | 6.25% | 5.25% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $570,886K ÷ $12,087,200K
= 4.72%
JB Hunt Transport Services Inc has shown a fluctuating trend in its net profit margin over the past five years. The company's net profit margin increased from 5.25% as of December 31, 2020, to 6.25% as of December 31, 2021, indicating improved profitability during this period. Subsequently, the net profit margin further increased to 6.54% by December 31, 2022, reflecting continued positive performance.
However, there was a slight decline in the net profit margin to 5.68% by December 31, 2023, suggesting a potential challenge or decreased efficiency in managing costs relative to revenue. This trend continued into the most recent period as the net profit margin dropped to 4.72% as of December 31, 2024, signifying a further decrease in profitability.
Overall, JB Hunt Transport Services Inc's net profit margin has demonstrated some volatility in recent years, with periods of improvement followed by periods of decline. This highlights the importance of closely monitoring and evaluating the company's financial performance and cost management strategies to sustain and enhance profitability in the future.
Peer comparison
Dec 31, 2024