JB Hunt Transport Services (JB Hunt Transport Services) Interest Expense

: $-67 Mil (TTM As of Mar. 2024)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JB Hunt Transport Services's interest expense for the three months ended in Mar. 2024 was $ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-67 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. JB Hunt Transport Services's Operating Income for the three months ended in Mar. 2024 was $ 194 Mil. JB Hunt Transport Services's Interest Expense for the three months ended in Mar. 2024 was $ -16 Mil. JB Hunt Transport Services's Interest Coverage for the quarter that ended in Mar. 2024 was 12.42. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

JB Hunt Transport Services Interest Expense Historical Data

The historical data trend for JB Hunt Transport Services's Interest Expense 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.

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JB Hunt Transport Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-54.68

-47.58

-46.25

-51.25

-65.93

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
Interest Expense	Get a 7-Day Free Trial															-14.79	-14.60	-12.59	-23.95	-15.65

JB Hunt Transport Services Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-67 Mil.

JB Hunt Transport Services (NAS:JBHT) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

JB Hunt Transport Services's Interest Expense for the three months ended in Mar. 2024 was $-16 Mil. Its Operating Income for the three months ended in Mar. 2024 was $194 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $1,367 Mil.

JB Hunt Transport Services's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	194.369	/	-15.649
	=	12.42

The higher the ratio, the stronger the company's financial strength is.

JB Hunt Transport Services (JB Hunt Transport Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » JB Hunt Transport Services Inc (NAS:JBHT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

JB1:Germany JBHT:Austria

Address

615 J.B. Hunt Corporate Drive, P.O. Box 130, Lowell, AR, USA, 72745-0130

Website

https://www.jbhunt.com

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