J.B. Hunt (JBHT) Research | Aerarium Research

Forward Estimates

EPS Estimates

Current Qtr

$1.70

$1.57$1.85

vs $1.31+29.9%

20 analysts

Next Qtr

$2.03

$1.91$2.21

vs $1.76+15.2%

20 analysts

Current Yr

$7.36

$7.05$7.70

vs $6.12+20.3%

22 analysts

Next Yr

$9.18

$8.17$10.20

vs $7.36+24.7%

22 analysts

Revenue Estimates

Current Qtr

$3.19B

$3.05B$3.38B

vs $2.93B+8.9%

16 analysts

Next Qtr

$3.32B

$3.20B$3.59B

vs $3.05B+8.8%

15 analysts

Current Yr

$12.89B

$12.11B$13.69B

vs $12.00B+7.4%

19 analysts

Next Yr

$13.87B

$12.77B$15.31B

vs $12.89B+7.7%

19 analysts

SEC filings →

View all 10-K, 10-Q, and 8-K filings for JBHT on EDGAR.

JBHT filing events and research context
Filed	Item	Context
Apr 24, 2026	mda_quarterly	Consolidated operating revenues for the first quarter of 2026 increased 5% to $3.06 billion, with operating income rising to $207 million. Growth was led by the JBT segment, where revenue rose 23% on a 19% increase in load volume, and the JBI segment, which saw operating income grow 21% due to network efficiencies and a 7% increase in Eastern network loads as shippers converted over-the-road freight to intermodal. Conversely, the ICS segment's operating loss widened to $4.7 million as gross profit margins fell to 12% due to higher purchased transportation costs. FMS revenue declined 6% amid lost business and demand stabilization, though operating income grew 53% through improved revenue quality. Total operating expenses rose 3.9%, pressured by a 9.5% increase in fuel costs and an 8.6% rise in purchased transportation. Liquidity remains stable with a $1 billion revolving credit facility, though the company retired $700 million in senior notes in March 2026. Projected 2026 capital expenditures range from $600 million to $800 million. Primary risks include fuel price volatility, dependence on rail carrier relationships, driver retention, and the legal classification of independent contractors.
Feb 24, 2026	business	J.B. Hunt Transport Services (JBHT) is a major North American surface transportation and logistics provider operating through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The company differentiates itself through a multimodal strategy, leveraging its J.B. Hunt 360° digital platform to match shippers with carriers and optimize supply chain visibility. JBI, the largest revenue contributor, relies on long-term partnerships with Class I railroads and a proprietary fleet of high-cube containers and chassis. DCS and FMS provide specialized, long-term contract services, including private fleet conversion and last-mile delivery, which offer more stable, less seasonal revenue streams compared to the company’s asset-heavy truckload operations. JBHT faces intense competition in a fragmented market from private fleets, logistics brokers, and numerous small carriers. Key operational risks include regulatory compliance with the DOT and FMCSA, potential liabilities from environmental and climate change mandates, and the necessity of maintaining a modern, fuel-efficient fleet to manage costs. The company’s strategy centers on capital investment in technology and equipment to drive efficiency, reduce greenhouse gas emissions, and maintain a non-unionized workforce of over 31,000 employees, emphasizing safety and retention as core competitive advantages.
Feb 24, 2026	mda	J.B. Hunt’s financial performance is driven by its Intermodal, Dedicated Contract Services (DCS), and Final Mile segments. Intermodal remains the core revenue driver but is highly sensitive to rail pricing and cyclical freight market volatility. DCS provides stability through long-term contractual capacity, while Final Mile captures growth in the home-delivery sector. The company is scaling its J.B. Hunt 360 digital platform to integrate these modes and optimize capacity matching. Key risks include diesel fuel price fluctuations, driver recruitment challenges, and a broader macroeconomic slowdown affecting industrial shipping volumes. Management is focusing on a multimodal strategy to diversify revenue streams and mitigate the impact of spot market weakness. By leveraging technology to improve network efficiency, the company aims to capture a larger share of shipper spend and improve operating margins despite prevailing headwinds in the transportation industry.

Filed

Item

Context

Apr 24, 2026

mda_quarterly

Consolidated operating revenues for the first quarter of 2026 increased 5% to $3.06 billion, with operating income rising to $207 million. Growth was led by the JBT segment, where revenue rose 23% on a 19% increase in load volume, and the JBI segment, which saw operating income grow 21% due to network efficiencies and a 7% increase in Eastern network loads as shippers converted over-the-road freight to intermodal. Conversely, the ICS segment's operating loss widened to $4.7 million as gross profit margins fell to 12% due to higher purchased transportation costs. FMS revenue declined 6% amid lost business and demand stabilization, though operating income grew 53% through improved revenue quality. Total operating expenses rose 3.9%, pressured by a 9.5% increase in fuel costs and an 8.6% rise in purchased transportation. Liquidity remains stable with a $1 billion revolving credit facility, though the company retired $700 million in senior notes in March 2026. Projected 2026 capital expenditures range from $600 million to $800 million. Primary risks include fuel price volatility, dependence on rail carrier relationships, driver retention, and the legal classification of independent contractors.

Feb 24, 2026

business

J.B. Hunt Transport Services (JBHT) is a major North American surface transportation and logistics provider operating through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The company differentiates itself through a multimodal strategy, leveraging its J.B. Hunt 360° digital platform to match shippers with carriers and optimize supply chain visibility. JBI, the largest revenue contributor, relies on long-term partnerships with Class I railroads and a proprietary fleet of high-cube containers and chassis. DCS and FMS provide specialized, long-term contract services, including private fleet conversion and last-mile delivery, which offer more stable, less seasonal revenue streams compared to the company’s asset-heavy truckload operations. JBHT faces intense competition in a fragmented market from private fleets, logistics brokers, and numerous small carriers. Key operational risks include regulatory compliance with the DOT and FMCSA, potential liabilities from environmental and climate change mandates, and the necessity of maintaining a modern, fuel-efficient fleet to manage costs. The company’s strategy centers on capital investment in technology and equipment to drive efficiency, reduce greenhouse gas emissions, and maintain a non-unionized workforce of over 31,000 employees, emphasizing safety and retention as core competitive advantages.

Feb 24, 2026

mda

J.B. Hunt’s financial performance is driven by its Intermodal, Dedicated Contract Services (DCS), and Final Mile segments. Intermodal remains the core revenue driver but is highly sensitive to rail pricing and cyclical freight market volatility. DCS provides stability through long-term contractual capacity, while Final Mile captures growth in the home-delivery sector. The company is scaling its J.B. Hunt 360 digital platform to integrate these modes and optimize capacity matching. Key risks include diesel fuel price fluctuations, driver recruitment challenges, and a broader macroeconomic slowdown affecting industrial shipping volumes. Management is focusing on a multimodal strategy to diversify revenue streams and mitigate the impact of spot market weakness. By leveraging technology to improve network efficiency, the company aims to capture a larger share of shipper spend and improve operating margins despite prevailing headwinds in the transportation industry.

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JBHT filing events and research context

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