JB Hunt Transport Services Inc (JBHT)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 8,312,270 | 8,538,260 | 7,742,340 | 6,791,110 | 5,947,200 |
| Total stockholders’ equity | US$ in thousands | 4,014,500 | 4,103,760 | 3,666,770 | 3,117,820 | 2,600,140 |
| Financial leverage ratio | 2.07 | 2.08 | 2.11 | 2.18 | 2.29 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,312,270K ÷ $4,014,500K
= 2.07
The financial leverage ratio of JB Hunt Transport Services Inc has exhibited a generally declining trend over the past five years, dropping from 2.29 in December 31, 2020, to 2.07 in December 31, 2024. This indicates that the company's reliance on debt to finance its operations has decreased over the period. A lower financial leverage ratio is often seen as a positive sign as it suggests improved financial stability and lower financial risk for the company. JB Hunt Transport Services Inc's decreasing financial leverage ratio may signify a more conservative capital structure and better debt management practices.
Peer comparison
Dec 31, 2024