JB Hunt Transport Services (JB Hunt Transport Services) Debt-to-Equity

: 0.33 (As of Mar. 2024)

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JB Hunt Transport Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil. JB Hunt Transport Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,367 Mil. JB Hunt Transport Services's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $4,166 Mil. JB Hunt Transport Services's debt to equity for the quarter that ended in Mar. 2024 was 0.33.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for JB Hunt Transport Services's Debt-to-Equity or its related term are showing as below:

JBHT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.56 Max: 0.81
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of JB Hunt Transport Services was 0.81. The lowest was 0.33. And the median was 0.56.

JBHT's Debt-to-Equity is ranked better than
65.42% of 885 companies
in the Transportation industry
Industry Median: 0.55 vs JBHT: 0.33

JB Hunt Transport Services Debt-to-Equity Historical Data

The historical data trend for JB Hunt Transport Services's Debt-to-Equity 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.57

0.50

0.42

0.34

0.38

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
Debt-to-Equity																0.33	0.37	0.36	0.38	0.33

Competitive Comparison

For the Integrated Freight & Logistics subindustry, JB Hunt Transport Services's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution

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

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

JB Hunt Transport Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JB Hunt Transport Services's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(249.961	+	1326.107)	/	4103.758
	=	0.38

JB Hunt Transport Services's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	1366.506)	/	4166.431
	=	0.33

JB Hunt Transport Services (NAS:JBHT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

JB Hunt Transport Services Debt-to-Equity Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » JB Hunt Transport Services Inc (NAS:JBHT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

JB1:Germany JBHT:Austria

Address

615 J.B. Hunt Corporate Drive, P.O. Box 130, Lowell, AR, USA, 72745-0130

Website

https://www.jbhunt.com

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