JB Hunt Transport Services Inc (JBHT)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 57.21% | 57.87% | 59.22% | 60.45% | 62.20% | 63.91% | 64.57% | 65.11% | 64.48% | 72.57% | 72.64% | 72.36% | 72.13% | 71.28% | 70.95% | 70.86% | 70.91% | 70.48% | 70.90% | 71.92% |
| Operating profit margin | 7.79% | 8.17% | 8.65% | 8.79% | 9.01% | 9.38% | 9.22% | 9.02% | 8.63% | 8.18% | 7.78% | 7.71% | 7.43% | 7.63% | 7.64% | 7.74% | 8.04% | 7.25% | 7.45% | 7.80% |
| Pretax margin | 7.33% | 7.76% | 8.25% | 8.43% | 8.67% | 9.05% | 8.87% | 8.66% | 8.25% | 7.78% | 7.35% | 7.24% | 6.94% | 7.10% | 7.09% | 7.18% | 7.46% | 6.67% | 6.89% | 7.29% |
| 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% |
J.B. Hunt Transport Services, Inc. has shown consistent and strong profitability ratios over the quarters analyzed. The gross profit margin has remained high, ranging from 93.55% to 94.66% in the past year, indicating the company's ability to control production and operating costs efficiently.
In terms of operating profit margin, the company has maintained a healthy range between 7.74% and 9.36%, reflecting effective management of operational expenses and generating profits from its core business activities.
The pretax margin has also shown stability, fluctuating between 7.29% and 9.03%. This indicates that J.B. Hunt Transport Services, Inc. has been successful in managing its pre-tax income in relation to its total revenue.
Furthermore, the net profit margin has demonstrated a consistent performance between 5.68% and 6.89%, with some fluctuations but remaining within a relatively narrow range. This reflects the company's ability to efficiently control its costs and generate profits for its shareholders after accounting for all expenses and taxes.
Overall, the profitability ratios of J.B. Hunt Transport Services, Inc. exhibit a solid financial performance, showing effective cost management and solid revenue generation capabilities throughout the quarters analyzed.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.63% | 12.81% | 14.46% | 16.37% | 17.11% | 18.47% | 17.71% | 16.68% | 15.40% | 14.29% | 13.16% | 12.43% | 12.03% | 12.29% | 12.65% | 13.40% | 13.41% | 12.10% | 12.14% | 12.77% |
| Return on assets (ROA) | 8.53% | 9.27% | 10.40% | 11.86% | 12.45% | 13.59% | 12.97% | 12.19% | 11.20% | 10.33% | 9.46% | 8.89% | 8.54% | 8.59% | 8.82% | 9.32% | 9.44% | 8.55% | 8.73% | 9.22% |
| Return on total capital | 18.43% | 20.58% | 23.37% | 26.64% | 27.04% | 28.90% | 30.07% | 27.93% | 25.74% | 24.08% | 20.30% | 19.05% | 18.27% | 18.79% | 19.05% | 20.15% | 20.65% | 18.69% | 18.78% | 19.50% |
| Return on equity (ROE) | 17.75% | 19.31% | 21.93% | 24.33% | 26.44% | 28.82% | 28.29% | 26.36% | 24.40% | 23.02% | 21.37% | 20.12% | 19.46% | 19.97% | 20.48% | 21.97% | 22.78% | 20.99% | 22.15% | 22.28% |
J.B. Hunt Transport Services, Inc. has demonstrated a consistent level of profitability over the analyzed periods based on its profitability ratios. The company's Operating return on assets (Operating ROA) has shown a gradual decline from 17.10% in Q4 2022 to 11.63% in Q4 2023. Operating ROA measures how efficiently the company generates operating income from its assets, and the decreasing trend indicates a potential decrease in operational efficiency.
Similarly, Return on assets (ROA) has also decreased from 12.45% in Q4 2022 to 8.53% in Q4 2023. ROA reflects the company's overall profitability by showing how well it utilizes its assets to generate profit. The declining trend in ROA suggests a reduction in the company's overall profitability.
On the other hand, Return on total capital and Return on equity (ROE) have also experienced a downward trend. Return on total capital has decreased from 27.02% in Q4 2022 to 17.49% in Q4 2023, reflecting the company's ability to generate profit using all sources of capital. ROE, a measure of profitability from the shareholders' perspective, has shown a decrease from 26.44% in Q4 2022 to 17.75% in Q4 2023.
Overall, the declining trend in J.B. Hunt Transport Services, Inc.'s profitability ratios indicates potential challenges in maintaining high levels of profitability and efficiency. Further analysis and investigation into the company's operations and financial management practices may be necessary to address the identified trends and improve overall performance in the future.