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JB Hunt Transport Services (JB Hunt Transport Services) Operating Margin %

: 6.60% (As of Mar. 2024)
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Operating Margin % is calculated as Operating Income divided by its Revenue. JB Hunt Transport Services's Operating Income for the three months ended in Mar. 2024 was $194 Mil. JB Hunt Transport Services's Revenue for the three months ended in Mar. 2024 was $2,944 Mil. Therefore, JB Hunt Transport Services's Operating Margin % for the quarter that ended in Mar. 2024 was 6.60%.

Good Sign:

JB Hunt Transport Services Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for JB Hunt Transport Services's Operating Margin % or its related term are showing as below:

JBHT' s Operating Margin % Range Over the Past 10 Years
Min: 7.4   Med: 8.64   Max: 11.57
Current: 7.74


JBHT's Operating Margin % is ranked better than
50.46% of 973 companies
in the Transportation industry
Industry Median: 7.6 vs JBHT: 7.74

JB Hunt Transport Services's 5-Year Average Operating Margin % Growth Rate was 1.10% per year.

JB Hunt Transport Services's Operating Income for the three months ended in Mar. 2024 was $194 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $910 Mil.


JB Hunt Transport Services Operating Margin % Historical Data

The historical data trend for JB Hunt Transport Services's Operating Margin % 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
Operating Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.01 7.40 8.59 8.99 7.74

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
Operating Margin % 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 Premium Member Only Premium Member Only Premium Member Only 8.59 8.64 7.64 6.15 6.60

Competitive Comparison

For the Integrated Freight & Logistics subindustry, JB Hunt Transport Services's Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % Distribution

For the Transportation industry and Industrials sector, JB Hunt Transport Services's Operating Margin % distribution charts can be found below:

* The bar in red indicates where JB Hunt Transport Services's Operating Margin % falls into.



JB Hunt Transport Services Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

JB Hunt Transport Services's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=993.196 / 12829.665
=7.74 %

JB Hunt Transport Services's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=194.369 / 2944.001
=6.60 %

* 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.


JB Hunt Transport Services  (NAS:JBHT) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


JB Hunt Transport Services Operating Margin % Related Terms

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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