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JB Hunt Transport Services (JB Hunt Transport Services) EBIT : $918 Mil (TTM As of Mar. 2024)


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What is JB Hunt Transport Services EBIT?

JB Hunt Transport Services's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $194 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $918 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. JB Hunt Transport Services's annualized ROC % for the quarter that ended in Mar. 2024 was 8.05%. JB Hunt Transport Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. JB Hunt Transport Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.04%.


JB Hunt Transport Services EBIT Historical Data

The historical data trend for JB Hunt Transport Services's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

JB Hunt Transport Services EBIT Chart

JB Hunt Transport Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 735.58 713.61 1,046.02 1,332.62 1,000.82

JB Hunt Transport Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 277.49 270.71 241.72 210.90 194.37

Competitive Comparison of JB Hunt Transport Services's EBIT

For the Integrated Freight & Logistics subindustry, JB Hunt Transport Services's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JB Hunt Transport Services's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JB Hunt Transport Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where JB Hunt Transport Services's EV-to-EBIT falls into.



JB Hunt Transport Services EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $918 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


JB Hunt Transport Services  (NAS:JBHT) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

JB Hunt Transport Services's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=777.476 * ( 1 - 28.66% )/( (6955.456 + 6819.614)/ 2 )
=554.6513784/6887.535
=8.05 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8538.26 - 1529.46 - ( 53.344 - max(0, 1779.421 - 2084.912+53.344))
=6955.456

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8427.783 - 1543.984 - ( 64.185 - max(0, 1543.984 - 1949.56+64.185))
=6819.614

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

JB Hunt Transport Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=777.476/( ( (5773.913 + max(147.14, 0)) + (5794.796 + max(341.391, 0)) )/ 2 )
=777.476/( ( 5921.053 + 6136.187 )/ 2 )
=777.476/6028.62
=12.90 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1334.912 + 42.186 + 299.502) - (1529.46 + 0 + 0)
=147.14

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1272.115 + 0 + 613.26) - (1543.984 + 0 + 0)
=341.391

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

JB Hunt Transport Services's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=917.699/18199.798
=5.04 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


JB Hunt Transport Services EBIT Related Terms

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JB Hunt Transport Services (JB Hunt Transport Services) Business Description

Traded in Other Exchanges
Address
615 J.B. Hunt Corporate Drive, P.O. Box 130, Lowell, AR, USA, 72745-0130
J.B. Hunt Transport Services ranks among the top surface transportation companies in North America by revenue. Its primary operating segments are intermodal delivery, which uses the Class I rail carriers for the underlying line-haul movement of its owned containers (48% of sales in 2023); dedicated trucking services that provide customer-specific fleet needs (28%); for-hire truckload (6%); heavy goods final-mile delivery (7%), and asset-light truck brokerage (11%).
Executives
James K Thompson director, officer: President and Chief Executive 615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
Shelley Simpson other: President, ICS 615 JB HUNT CORPORATE DRIVE, LOWELL AR 72745
Spencer Frazier officer: EVP of Sales and Marketing 615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
Eric Mcgee officer: EVP Highway Services 615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
Darren P. Field officer: EVP Intermodal 615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
David Keefauver officer: EVP of DCS 615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
Bradley W. Hicks officer: EVP Dedicated 615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
Nicholas Hobbs officer: EVP/President DCS PO BOX 130, 615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
Stuart Lockard Scott other: EVP/CIO 615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
John Kuhlow other: VP/Controller 615 JB HUNT CORPORATE DRIVE, LOWELL AR 72745
Persio V Lisboa director C/O NAVISTAR INTERNATIONAL CORPORATION, 2701 NAVISTAR DRIVE, LISLE IL 60532
Alfred C Harper other: EVP and Chief Operations Offic 615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
Sharilyn S Gasaway director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Brian Webb officer: EVP- Final Mile Services 615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
Jennifer Boattini officer: See Remarks 615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745