JB Hunt Transport Services Inc (JBHT)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 570,886 | 728,287 | 969,351 | 760,806 | 506,035 |
| Total stockholders’ equity | US$ in thousands | 4,014,500 | 4,103,760 | 3,666,770 | 3,117,820 | 2,600,140 |
| ROE | 14.22% | 17.75% | 26.44% | 24.40% | 19.46% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $570,886K ÷ $4,014,500K
= 14.22%
JB Hunt Transport Services Inc's return on equity (ROE) has shown a fluctuating trend over the past five years.
Starting at 19.46% on December 31, 2020, the company's ROE improved to 24.40% by December 31, 2021. This indicates that the company was effectively generating profit from the equity invested in the business.
In the following year, by December 31, 2022, JB Hunt Transport Services Inc's ROE increased further to 26.44%, reflecting improved profitability and efficient utilization of shareholder's equity.
However, by December 31, 2023, the company's ROE experienced a decline to 17.75%, indicating a lower return relative to the equity invested. This could raise concerns about the company's operational efficiency or profitability during that period.
By the end of December 31, 2024, the ROE decreased even further to 14.22%, signaling a continued downward trend in the company's ability to generate returns on the equity capital.
Overall, while JB Hunt Transport Services Inc experienced periods of strong ROE performance, the recent decline may warrant further investigation into the company's financial health, operational efficiency, and future prospects.
Peer comparison
Dec 31, 2024