JB Hunt Transport Services Inc (JBHT)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands 831,225 993,196 687,033 488,437 185,744
Revenue US$ in thousands 12,087,200 12,829,700 14,814,000 12,168,300 9,636,570
Operating profit margin 6.88% 7.74% 4.64% 4.01% 1.93%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $831,225K ÷ $12,087,200K
= 6.88%

JB Hunt Transport Services Inc has shown a steady increase in its operating profit margin over the years, indicating improved efficiency in generating profits from its core operations. The margin has grown from 1.93% as of December 31, 2020, to 6.88% as of December 31, 2024. This upward trend suggests that the company has been effectively managing its costs and expenses while increasing its revenues. The peak operating profit margin of 7.74% as of December 31, 2023 reflects a particularly strong performance, showing that JB Hunt has been successful in optimizing its operational efficiency and profitability during that period. Overall, the improving operating profit margin demonstrates JB Hunt's ability to enhance its profitability and create value for its stakeholders through operational effectiveness.