JB Hunt Transport Services Inc (JBHT)

Debt-to-equity ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
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
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $4,014,500K
= 0.00

Based on the data provided, JB Hunt Transport Services Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to fund its operations and investments, relying solely on equity capital. A debt-to-equity ratio of 0.00 suggests a conservative financial structure with a low financial risk, as there is no debt component in the capital structure to be serviced or repaid. Investors and creditors may view this favorably as it signifies financial stability and a strong equity base. It also implies that the company may have sufficient internal resources or profitability to support its growth and operational needs without resorting to external borrowing.