JBHT
J.B. Hunt Transport Services, Inc.
JBHT's fundamentals are strong: revenue grew 11% and earnings per share grew 23%. At 32x earnings, it's trading above its usual 28x. Analysts expect that strong growth to continue.
JBHT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Healthy |
JBHT's revenue, profitability, cash flow and balance sheet are all currently healthy.
JBHT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 21x | $148 | -35% |
| Forward | 25x | $228 | — |
| Fair | 28x | $197 | -13% |
| Current | 32x | $228 | — |
| Expensive | 33x | $232 | +1.9% |
Historical ranges are pointers, not guarantees.
JBHT's PE is in its expensive range at 32x. If earnings grow as analysts expect, today's price would be 25x next year's earnings, in its fair range.
JBHT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for JBHT, with profitability improving.
JBHT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $8.95 | +26% |
| Q3 2026 | $7.10 | +23% |
| Q2 2026 | $7.04 | +28% |
| Q1 2026 | $6.44 | +17% |
| Q4 2025 | $6.12 | +10% |
| Q3 2025 | $5.77 | +4.9% |
| Q2 2025 | $5.50 | -5.3% |
| Q1 2025 | $5.51 | -13% |
| Q4 2024 | $5.56 | -20% |
JBHT's earnings per share have fallen from their peak: $7.10 over the past year, against $9.56 in late 2022.
JBHT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +20% |
| Q2 2026 | $3.5B | +19% |
| Q1 2026 | $3.1B | +4.6% |
| Q4 2025 | $3.1B | -1.6% |
| Q3 2025 | $3.1B | -0.5% |
| Q2 2025 | $2.9B | 0% |
| Q1 2025 | $2.9B | -0.8% |
| Q4 2024 | $3.1B | -4.8% |
JBHT's revenue is growing: $3.7B last quarter, up 20% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.7% | -1.2 points |
| Q2 2026 | 7.4% | +0.7 points |
| Q1 2026 | 6.8% | +0.6 points |
| Q4 2025 | 8% | +1.4 points |
| Q3 2025 | 8% | +0.7 points |
| Q2 2025 | 6.7% | -0.3 points |
| Q1 2025 | 6.1% | -0.5 points |
| Q4 2024 | 6.6% | +0.4 points |
JBHT's operating margin was 6.7% last quarter, down 1.2 points from the same quarter a year ago.
JBHT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $219.1M | -38% |
| Q2 2026 | $253.3M | +37% |
| Q1 2026 | $242.8M | +53% |
| Q4 2025 | $251.3M | +169% |
| Q3 2025 | $352.4M | +116% |
| Q2 2025 | $185.6M | +89% |
| Q1 2025 | $158.4M | -40% |
| Q4 2024 | $93.3M | +$182.2M |
JBHT generated $966M in free cash flow over the past year, up 22% from the year before.
JBHT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -297K shares |
| 1 year | -2.3% | -2.2M shares |
| 3 years | -9.3% | -9.7M shares |
| 5 years | -11% | -11.8M shares |
| Available history | -13% | -13.7M shares |
JBHT has 95M diluted shares, down 2.3% from a year ago, with $492M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $173.8M |
| Q2 2026 | $97.8M |
| Q1 2026 | $80.1M |
| Q4 2025 | $139.9M |
| Q3 2025 | $230.4M |
| Q2 2025 | $318.8M |
| Q1 2025 | $234.1M |
| Q4 2024 | $85.6M |
JBHT spent $492M buying back its own shares over the past year, down 43% from the year before.
JBHT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.7x | Very low |
| Q2 2026 | 0.7x | Very low |
| Q1 2026 | 0.8x | Very low |
| Q4 2025 | 0.9x | Very low |
| Q3 2025 | 1.0x | Very low |
| Q2 2025 | 1.1x | Healthy |
| Q1 2025 | 1.0x | Very low |
| Q4 2024 | 0.9x | Very low |
JBHT's net debt is less than a year of its operating earnings (EBITDA).
JBHT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 7.8 | Oversold |
JBHT's weekly RSI is 43 (neutral) and its Stochastic is 8 (oversold).
JBHT PE vs Industrials Sector
| Metric | JBHT | Sector median | Relative |
|---|---|---|---|
| PE | 32x | 24x | 33% above |
| PE % | 78 | 58 | 20 pts above |
JBHT is trading at 32x earnings, a 33% premium to the Industrials sector's median of 24x.
JBHT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $226.3 | 0.6% above |
| 20 week MA | $254.5 | 11% below |
| 50 week MA | $239.5 | 5% below |
| 100 week MA | $195.6 | 16% above |
| 200 week MA | $188.5 | 21% above |
JBHT's trend is mixed: it's above three of its five weekly moving averages, and 21% above its 200-week average.
JBHT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $116.7 | $137.4 | +18% |
| 2021 | $137.4 | $197.2 | +44% |
| 2022 | $197.2 | $177.4 | -10% |
| 2023 | $177.4 | $199.7 | +13% |
| 2024 | $199.7 | $172.0 | -14% |
| 2025 | $172.0 | $198.3 | +15% |
| 2026 YTD | $198.3 | $227.7 | +15% |
JBHT has finished higher in four of the last six years. It's up 15% so far in 2026.