JB Hunt Transport Services Inc (JBHT)

Debt-to-equity ratio

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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 4,014,500 4,000,220 4,076,000 4,166,430 4,103,760 4,018,100 3,911,920 3,797,370 3,666,770 3,505,110 3,324,860 3,253,540 3,117,820 2,922,230 2,799,030 2,722,070 2,600,140 2,487,420 2,390,840 2,282,420
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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

The debt-to-equity ratio of JB Hunt Transport Services Inc has consistently remained at 0.00 from March 2020 to December 2024, based on the provided data. This indicates that the company has either no debt or an insignificant amount of debt relative to its equity during this period. A debt-to-equity ratio of 0.00 typically suggests that the company is primarily financed through equity rather than debt, which may signify a lower financial risk. It is important to note that while a low debt-to-equity ratio can be positive in terms of financial stability, it can also indicate limited leveraging for potential growth opportunities. Overall, JB Hunt Transport Services Inc's consistent 0.00 debt-to-equity ratio reflects a financial structure that relies more on equity funding than debt financing over the analyzed period.