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JB Hunt Transport Services (JB Hunt Transport Services) Debt-to-EBITDA : 1.76 (As of Mar. 2024)


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What is JB Hunt Transport Services Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

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 annualized EBITDA for the quarter that ended in Mar. 2024 was $777 Mil. JB Hunt Transport Services's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.76.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

JBHT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.64   Med: 0.98   Max: 1.08
Current: 0.92

During the past 13 years, the highest Debt-to-EBITDA Ratio of JB Hunt Transport Services was 1.08. The lowest was 0.64. And the median was 0.98.

JBHT's Debt-to-EBITDA is ranked better than
80.68% of 849 companies
in the Transportation industry
Industry Median: 2.83 vs JBHT: 0.92

JB Hunt Transport Services Debt-to-EBITDA Historical Data

The historical data trend for JB Hunt Transport Services's Debt-to-EBITDA 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 Debt-to-EBITDA Chart

JB Hunt Transport Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 1.05 0.81 0.64 0.91

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-EBITDA 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 0.69 0.80 0.84 0.97 1.76

Competitive Comparison of JB Hunt Transport Services's Debt-to-EBITDA

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

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

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



JB Hunt Transport Services Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(249.961 + 1326.107) / 1738.774
=0.91

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 1366.506) / 777.476
=1.76

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2024) EBITDA data.


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

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


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


JB Hunt Transport Services Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of JB Hunt Transport Services's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


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