JB Hunt Transport Services Inc (JBHT)

Operating return on assets (Operating ROA)

		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
Total assets	US$ in thousands	8,312,270	8,325,950	8,415,880	8,427,780	8,805,270	8,372,970	8,247,730	7,790,400	7,742,340	7,431,560	7,252,560	7,031,940	6,791,110	6,513,190	6,323,390	6,162,610	5,947,200	5,779,060	5,553,630	5,380,040
Operating ROA		10.09%	10.03%	10.13%	10.88%	11.28%	10.75%	10.36%	10.00%	8.87%	12.10%	13.48%	14.55%	15.40%	14.29%	13.16%	12.43%	11.99%	12.29%	13.45%	14.22%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $838,496K ÷ $8,312,270K
= 10.09%

JB Hunt Transport Services Inc's operating return on assets (operating ROA) has fluctuated over the period spanning from March 31, 2020, to December 31, 2024.

The trend indicates a gradual decline from 14.22% in March 2020 to a low of 8.87% by December 2022. Subsequently, there was a slight increase in the measure for the subsequent quarters, with a notable jump to 15.40% by the end of December 2021. However, the operating ROA started to stabilize around the 10-11% range from March 2023 to June 2024.

Overall, the operating ROA of JB Hunt Transport Services Inc demonstrates some volatility but seems to have converged to a relatively steady range after experiencing some fluctuations. It is important for investors and stakeholders to monitor this metric closely to assess the company's operational efficiency in generating profits from its assets.