JB Hunt Transport Services Inc (JBHT)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 838,536 | 1,000,820 | 603,236 | 433,300 | 139,759 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,014,500 | 4,103,760 | 3,666,770 | 3,117,820 | 2,600,140 |
| Return on total capital | 20.89% | 24.39% | 16.45% | 13.90% | 5.38% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $838,536K ÷ ($—K + $4,014,500K)
= 20.89%
JB Hunt Transport Services Inc has shown a steady improvement in its return on total capital over the years, indicating efficient utilization of its overall capital resources. The company's return on total capital increased from 5.38% as of December 31, 2020, to 20.89% as of December 31, 2024. This upward trend suggests that JB Hunt has been able to generate a higher return relative to the total capital employed in its operations. The significant jump in the return on total capital from 2023 to 2024, reaching 24.39% and then slightly dropping to 20.89%, reflects a potentially successful capital deployment strategy or improved operational efficiency during those periods. Overall, the increasing return on total capital signals positive financial performance and effective capital management by JB Hunt Transport Services Inc.
Peer comparison
Dec 31, 2024