J.B. Hunt Transport Services Inc. (JBHT) financial statements: income statement, balance sheet and cash flow

J.B. Hunt Transport Services Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), J.B. Hunt Transport Services Inc. reported revenue of $12.0B (-0.7% year on year) and net income of $598.3M (+4.8% year on year).

Income statement

J.B. Hunt Transport Services Inc. income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Operating revenues	$12.0B	$12.1B	$12.8B	$14.8B
Rents and purchased transportation	$5.3B	$5.4B	$5.9B	$7.4B
Salaries, wages and employee benefits	$3.2B	$3.2B	$3.3B	$3.4B
Depreciation and amortization	$714.8M	$761.1M	$738.0M	$644.5M
Fuel and fuel taxes	$633.3M	$652.1M	$751.5M	$931.7M
Operating supplies and expenses	$511.6M	$495.4M	$509.4M	$502.6M
Insurance and claims	$334.7M	$313.7M	$315.7M	$318.1M
General and administrative expenses, net of asset dispositions	$281.5M	$306.4M	$274.6M	$215.4M
Operating taxes and licenses	$71.6M	$72.5M	$75.0M	$68.2M
Communication and utilities	$43.8M	$44.0M	$42.4M	$36.7M
Total operating expenses	$11.1B	$11.3B	$11.8B	$13.5B
Operating income	$865.1M	$831.2M	$993.2M	$1.3B
Interest income	$4.2M	$7.3M	$7.6M	$1.1M
Interest expense	$75.2M	$79.0M	$65.9M	$51.2M
Earnings before income taxes	$794.1M	$759.5M	$934.9M	$1.3B
Income taxes	$195.8M	$188.6M	$206.6M	$312.0M
Net earnings	$598.3M	$570.9M	$728.3M	$969.4M
Weighted average basic shares outstanding (in shares)	97.1M	101.9M	103.4M	104.1M
Basic earnings per share (in dollars per share)	$6.16	$5.60	$7.04	$9.31
Weighted average diluted shares outstanding (in shares)	97.7M	102.8M	104.5M	105.3M
Diluted earnings per share (in dollars per share)	$6.12	$5.56	$6.97	$9.21

J.B. Hunt Transport Services Inc. income statement, quarters

Line item	Sep 30, 2026 · Q3	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3
Operating revenues	$3.7B	$3.5B	$3.1B	$3.1B
Rents and purchased transportation	$1.8B	$1.7B	$1.4B	$1.3B
Salaries, wages and employee benefits	$876.7M	$820.4M	$785.6M	$822.2M
Fuel and fuel taxes	$260.4M	$235.2M	$175.1M	$164.0M
Depreciation and amortization	$183.5M	$180.6M	$179.4M	$179.1M
Operating supplies and expenses	$147.9M	$138.9M	$125.3M	$132.7M
Insurance and claims	$100.9M	$88.8M	$87.8M	$82.0M
General and administrative expenses, including asset dispositions	$72.3M	$65.7M	$61.9M	$69.0M
Operating taxes and licenses	$19.8M	$18.9M	$18.5M	$18.0M
Communication and utilities	$10.4M	$10.1M	$11.1M	$10.8M
Total operating expenses	$3.4B	$3.2B	$2.8B	$2.8B
Operating income	$247.1M	$259.5M	$207.0M	$242.7M
Net interest expense	$15.7M	$16.8M	$17.9M	$17.9M
Earnings before income taxes	$231.4M	$242.7M	$189.1M	$224.8M
Income taxes	$59.0M	$61.6M	$47.6M	$53.9M
Net earnings	$172.4M	$181.0M	$141.6M	$170.8M
Weighted average basic shares outstanding (in shares)	93.7M	94.1M	94.5M	96.2M
Basic earnings per share (in dollars per share)	$1.84	$1.92	$1.50	$1.78
Weighted average diluted shares outstanding (in shares)	94.6M	94.9M	95.2M	96.8M
Diluted earnings per share (in dollars per share)	$1.82	$1.91	$1.49	$1.76

Balance sheet

J.B. Hunt Transport Services Inc. balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Current assets:	$17.3M	$47.0M	$53.3M	$51.9M
Trade accounts receivable, net	$1.2B	$1.2B	$1.3B	$1.5B
Other receivables	$199.8M	$257.8M	$355.0M	$330.8M
Inventories	$42.2M	$41.7M	$42.2M	$40.6M
Prepaid expenses and other current assets	$184.6M	$200.4M	$299.5M	$260.4M
Total current assets	$1.6B	$1.8B	$2.1B	$2.2B
Revenue and service equipment	$7.6B	$7.5B	$7.3B	$6.8B
Land	$312.6M	$269.2M	$258.1M	$88.7M
Structures and improvements	$592.8M	$533.4M	$462.5M	$382.0M
Software, office equipment and furniture	$876.8M	$805.0M	$754.1M	$713.0M
Total property and equipment	$9.3B	$9.1B	$8.8B	$8.0B
Less accumulated depreciation	$3.8B	$3.4B	$3.0B	$3.0B
Net property and equipment	$5.5B	$5.7B	$5.8B	$5.0B
Goodwill	$134.1M	$134.1M	$134.1M	$120.4M
Other intangible assets, net	$76.3M	$96.9M	$133.9M	$115.9M
Other assets	$574.5M	$580.5M	$411.5M	$358.6M
Total assets	$7.9B	$8.3B	$8.5B	$7.8B
Current portion of long-term debt	$699.9M	$500.0M	$250.0M	$0
Trade accounts payable	$655.6M	$645.9M	$737.4M	$798.8M
Claims accruals	$310.3M	$257.1M	$547.3M	$452.1M
Accrued payroll and payroll taxes	$110.4M	$122.5M	$94.6M	$188.3M
Other accrued expenses	$159.2M	$152.5M	$150.3M	$129.1M
Total current liabilities	$1.9B	$1.7B	$1.8B	$1.6B
Long-term debt	$766.9M	$977.7M	$1.3B	$1.3B
Long-term claims accruals	$444.5M	$368.7M	—	—
Other long-term liabilities	$307.0M	$377.1M	$392.8M	$369.3M
Deferred income taxes	$908.3M	$896.2M	$936.2M	$920.5M
Total liabilities	$4.4B	$4.3B	$4.4B	$4.1B
Preferred stock, $100 par value. 10 million shares authorized; none outstanding	0	0	0	0
Common stock, $.01 par value. 1 billion shares authorized; (167,099,432 shares issued at December 31, 2025 and 2024, of which 94,594,725 and 100,555,126 shares were outstanding at December 31, 2025 and 2024, respectively)	1.7M	1.7M	1.7M	1.7M
Additional paid-in capital	$627.3M	$583.9M	$549.1M	$499.9M
Retained earnings	$7.8B	$7.4B	$7.0B	$6.4B
Treasury stock, at cost (72,504,707 shares at December 31, 2025, and 66,544,306 shares at December 31, 2024)	-4.9B	-3.9B	-3.4B	—
Total shareholders’ equity	$3.6B	$4.0B	$4.1B	$3.7B
Total liabilities and shareholders' equity	$7.9B	$8.3B	$8.5B	$7.8B

J.B. Hunt Transport Services Inc. balance sheet, quarters

Line item	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025
Cash and cash equivalents	$3.8M	$4.2M	$4.6M	$52.3M
Trade accounts receivable, net	$1.6B	$1.5B	$1.3B	$1.2B
Prepaid expenses and other	$322.1M	$347.9M	$385.4M	$392.6M
Total current assets	$1.9B	$1.8B	$1.7B	$1.7B
Property and equipment, at cost	$9.5B	$9.4B	$9.3B	$9.3B
Less accumulated depreciation	$4.1B	$4.0B	$3.9B	$3.7B
Net property and equipment	$5.4B	$5.4B	$5.4B	$5.6B
Goodwill and intangible assets, net	$195.5M	$200.4M	$205.3M	$215.5M
Other assets	$590.6M	$560.5M	$572.7M	$575.0M
Total assets	$8.1B	$7.9B	$7.9B	$8.1B
Current portion of long-term debt	$0	$0	$0	$699.6M
Trade accounts payable	$889.5M	$792.3M	$751.9M	$664.5M
Claims accruals	$334.4M	$322.2M	$322.6M	$284.7M
Accrued payroll	$168.0M	$153.2M	$127.4M	$141.8M
Other accrued expenses	$186.2M	$176.9M	$163.2M	$142.2M
Total current liabilities	$1.6B	$1.4B	$1.4B	$1.9B
Long-term debt	$1.1B	$1.1B	$1.3B	$902.2M
Long-term claims accruals	$501.9M	$487.5M	$480.7M	$420.4M
Other long-term liabilities	$342.3M	$298.7M	$298.9M	$341.9M
Deferred income taxes	$907.3M	$911.5M	$888.7M	$938.4M
Shareholders' equity	$3.6B	$3.7B	$3.6B	$3.6B
Total liabilities and shareholders' equity	$8.1B	$7.9B	$7.9B	$8.1B

Cash flow statement

J.B. Hunt Transport Services Inc. cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net earnings	$598.3M	$570.9M	$728.3M	$969.4M
Depreciation and amortization	$714.8M	$761.1M	$738.0M	$644.5M
Noncash lease expense	$96.0M	$100.2M	$97.7M	$83.8M
Share-based compensation	$71.8M	$65.7M	$79.2M	$77.5M
Loss on sale of revenue equipment and other	$13.7M	—	—	—
Deferred income taxes	$12.1M	($89.8M)	$15.7M	$175.1M
Trade accounts receivable	$63.8M	$110.7M	$259.4M	($13.9M)
Income taxes receivable or payable	$81.9M	($26.2M)	$62.1M	($69.0M)
Other current assets	$17.7M	$94.6M	($39.4M)	($83.9M)
Trade accounts payable	$59.4M	($109.8M)	($48.3M)	($23.8M)
Claims accruals	$61.1M	$48.1M	$18.4M	$117.9M
Accrued payroll and other accrued expenses	($112.2M)	($57.0M)	($194.2M)	($75.2M)
Net cash provided by operating activities	$1.7B	$1.5B	$1.7B	$1.8B
Additions to property and equipment	($730.7M)	($865.4M)	($1.9B)	($1.5B)
Proceeds from sale of equipment	$155.9M	$191.0M	$262.2M	$108.9M
Proceeds from sale of investment	$0	$6.9M	—	—
Business acquisitions	$0	$3.8M	($85.0M)	($118.2M)
Net cash used in investing activities	($574.8M)	($663.7M)	($1.7B)	($1.6B)
Proceeds from long-term debt	$750.0M	—	—	—
Payments on long-term debt	($500.0M)	($250.0M)	$0	($350.0M)
Proceeds from revolving lines of credit and other	$2.5B	$3.1B	$2.2B	$1.7B
Payments on revolving lines of credit and other	($2.7B)	($2.9B)	($1.9B)	($1.4B)
Purchase of treasury stock	($923.3M)	($513.9M)	($159.6M)	($300.0M)
Stock repurchased for payroll taxes and other	($25.1M)	($36.4M)	($37.0M)	($31.2M)
Dividends paid	($171.0M)	($175.5M)	($173.9M)	($166.7M)
Net cash used in financing activities	($1.1B)	($825.8M)	($58.0M)	($530.4M)
Net (decrease)/increase in cash and cash equivalents	($29.7M)	($6.4M)	$1.4M	($303.6M)
Cash and cash equivalents at beginning of year	$47.0M	$53.3M	$51.9M	$355.5M
Cash and cash equivalents at end of year	$17.3M	$47.0M	$53.3M	$51.9M
Interest	$66.6M	$80.9M	$65.6M	$50.4M
Income taxes	$123.5M	$305.1M	$135.4M	$195.8M
Accruals for equipment received	$24.2M	$73.9M	$44.7M	$107.5M

J.B. Hunt Transport Services Inc. cash flow statement, quarters

Line item	Sep 30, 2026 · YTD	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD
Net earnings	$495.0M	$322.6M	$141.6M	$417.2M
Depreciation and amortization	$543.6M	$360.0M	$179.4M	$535.6M
Noncash lease expense	$65.8M	$44.9M	$23.8M	$72.3M
Share-based compensation	$59.5M	$38.1M	$18.0M	$58.7M
Net loss on sale of revenue equipment and other assets	$7.4M	$3.7M	$324.0K	$11.9M
Deferred income taxes	($961.0K)	$3.2M	($19.6M)	$42.1M
Trade accounts receivable	($451.1M)	($300.9M)	($167.1M)	($7.2M)
Other assets	$79.3M	$56.0M	$30.4M	$158.7M
Trade accounts payable	$193.6M	$117.9M	$99.8M	$63.2M
Income taxes payable or receivable	$72.2M	$56.1M	$58.9M	($33.9M)
Claims accruals	$44.0M	$17.1M	$11.1M	$31.0M
Accrued payroll and other accrued expenses	$205.0K	$4.5M	($23.6M)	($57.0M)
Net cash provided by operating activities	$1.1B	$723.3M	$353.0M	$1.3B
Additions to property and equipment	($393.2M)	($227.2M)	($110.3M)	($596.4M)
Proceeds from sale of equipment	$102.1M	$82.2M	$39.5M	$105.4M
Net cash used in investing activities	($291.1M)	($144.9M)	($70.7M)	($490.9M)
Proceeds from issuances of long-term debt	$475.0M	$475.0M	$475.0M	$750.0M
Payments on long-term debt	($875.0M)	($825.0M)	($700.0M)	($500.0M)
Proceeds from revolving lines of credit and other	$1.6B	$930.8M	$536.5M	$2.3B
Payments on revolving lines of credit and other	($1.6B)	($903.6M)	($476.2M)	($2.4B)
Purchase of treasury stock	($351.7M)	($177.8M)	($80.1M)	($783.4M)
Stock repurchased for payroll taxes and other	($7.1M)	($5.8M)	($7.7M)	($6.0M)
Dividends paid	($127.2M)	($85.0M)	($42.6M)	($129.2M)
Net cash used in financing activities	($830.8M)	($591.4M)	($295.0M)	($796.4M)
Net change in cash and cash equivalents	($13.5M)	($13.1M)	($12.7M)	$5.3M
Cash and cash equivalents at beginning of period	$17.3M	$17.3M	$17.3M	$47.0M
Cash and cash equivalents at end of period	$3.8M	$4.2M	$4.6M	$52.3M
Interest	$69.7M	$43.6M	$36.1M	$68.7M
Income taxes	$84.7M	$38.6M	$3.0M	$126.5M
Accruals for equipment received	$64.5M	$43.0M	$20.7M	$29.3M

J.B. Hunt Transport Services Inc. score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.