JB Hunt Transport Services Inc (JBHT)

Return on assets (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
Net income (ttm) US$ in thousands 570,886 568,967 604,332 658,011 728,286 776,054 858,005 923,794 969,351 1,010,257 940,704 857,525 760,806 672,604 598,271 547,807 506,035 496,704 522,424 534,359
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
ROA 6.87% 6.83% 7.18% 7.81% 8.27% 9.27% 10.40% 11.86% 12.52% 13.59% 12.97% 12.19% 11.20% 10.33% 9.46% 8.89% 8.51% 8.59% 9.41% 9.93%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $570,886K ÷ $8,312,270K
= 6.87%

JB Hunt Transport Services Inc's Return on Assets (ROA) has shown fluctuations over the periods provided. The ROA started at 9.93% in March 2020, gradually decreased by June 2020 to 9.41%, further declined to 8.59% by September 2020, and reached 8.51% by December 2020. However, there was a slight improvement by March 2021 to 8.89% and a more notable increase by June 2021 to 9.46%. The upward trend continued with ROA reaching 10.33% by September 2021 and peaking at 11.20% by December 2021.

In the following periods, ROA exhibited further growth, hitting 12.19% in March 2022 and reaching its highest point at 13.59% by September 2022. However, after this peak, ROA began to decline, dropping to 6.87% by December 2024.

Overall, the ROA performance of JB Hunt Transport Services Inc shows some variability, with periods of growth followed by declines. Investors and analysts may want to further explore the reasons behind these fluctuations to assess the company's efficiency in generating profits from its assets.