JB Hunt Transport Services Inc (JBHT)

Operating 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
Operating income (ttm)	US$ in thousands	838,496	834,736	852,344	917,347	993,196	900,259	854,191	778,991	687,033	899,194	977,375	1,023,409	1,045,530	930,718	832,392	766,029	713,118	710,501	747,073	764,983
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
Operating profit margin		6.94%	6.82%	6.91%	7.31%	7.74%	6.83%	6.17%	5.35%	4.64%	6.13%	7.00%	7.85%	8.59%	8.16%	7.75%	7.68%	7.40%	7.60%	8.08%	8.18%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $838,496K ÷ $12,087,200K
= 6.94%

JB Hunt Transport Services Inc's operating profit margin has shown some fluctuations over the past few years. The margin was relatively stable around 7-8% from March 2020 to June 2021, with a slight increase observed towards the end of this period. However, from September 2021 to December 2024, the operating profit margin fluctuated more significantly, ranging from a low of 4.64% to a high of 8.59%.

It is important to note that a declining trend is evident from June 2022 to December 2024, where the operating profit margin decreased from 7.00% to 6.94%. This trend indicates potential challenges in controlling operating expenses or maintaining revenue growth relative to costs during this period. Further analysis of the company's cost structure and revenue streams may be necessary to fully understand the factors contributing to these fluctuations in operating profit margin.