JB Hunt Transport Services Inc (JBHT)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	728,286	776,054	858,005	923,795	969,352	1,010,258	940,705	857,525	760,806	672,604	598,271	547,807	506,035	496,704	489,618	501,553	516,320	460,325	473,025	491,044
Revenue (ttm)	US$ in thousands	12,747,130	13,119,770	13,793,300	14,499,970	14,784,890	14,626,330	13,934,470	13,006,090	12,117,390	11,371,780	10,700,040	9,936,910	9,599,420	9,312,090	9,202,630	9,316,330	9,123,180	8,990,700	8,838,860	8,721,150
Net profit margin		5.71%	5.92%	6.22%	6.37%	6.56%	6.91%	6.75%	6.59%	6.28%	5.91%	5.59%	5.51%	5.27%	5.33%	5.32%	5.38%	5.66%	5.12%	5.35%	5.63%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $728,286K ÷ $12,747,130K
= 5.71%

The net profit margin of J.B. Hunt Transport Services, Inc. has exhibited variability over the past eight quarters, ranging from 5.68% to 6.89%. The highest net profit margin was observed in Q3 2022 at 6.89%, while the lowest was recorded in Q4 2023 at 5.68%. Overall, the net profit margin has shown a slight downward trend from Q3 2022 to Q4 2023, indicating potential challenges in maintaining profitability in recent quarters. Management may need to closely monitor and address factors affecting profitability to sustain or improve the company's financial performance.