JBHT Historical Income Statement

JBHT Stock  USD 159.96  0.96  0.60%   
Historical analysis of JB Hunt income statement accounts such as Total Revenue of 13.5 B or Gross Profit of 1.2 B can show how well JB Hunt Transport performed in making a profits. Evaluating JB Hunt income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of JB Hunt's future profits or losses.
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining JB Hunt Transport latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether JB Hunt Transport is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JB Hunt Transport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

About JBHT Income Statement Analysis

JB Hunt Transport Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to JB Hunt shareholders. The income statement also shows JBHT investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

JB Hunt Income Statement Chart

At this time, JB Hunt's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 764.7 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (81.8 M).

Total Revenue

Total revenue comprises all receipts JB Hunt Transport generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of JB Hunt Transport minus its cost of goods sold. It is profit before JB Hunt operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of JB Hunt Transport. It is also known as JB Hunt overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from JB Hunt Transport operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of JB Hunt Transport is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from JB Hunt's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into JB Hunt Transport current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JB Hunt Transport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, JB Hunt's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 764.7 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (81.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.5B1.4B1.2B
Total Revenue12.2B14.8B12.8B13.5B

JB Hunt income statement Correlations

0.960.970.630.970.60.560.840.980.260.880.350.90.240.480.790.77-0.1-0.68-0.890.880.83-0.63
0.960.920.610.920.520.490.770.920.310.790.340.80.220.580.660.82-0.08-0.59-0.910.860.85-0.65
0.970.920.761.00.550.510.791.00.390.950.490.950.340.470.860.72-0.02-0.67-0.860.870.83-0.49
0.630.610.760.750.240.210.440.70.870.80.650.760.480.610.720.440.05-0.56-0.550.570.580.03
0.970.921.00.750.540.50.791.00.390.950.490.950.330.470.860.73-0.03-0.68-0.870.880.84-0.5
0.60.520.550.240.540.940.890.56-0.110.61-0.370.560.250.290.40.220.05-0.13-0.240.40.15-0.66
0.560.490.510.210.50.940.920.53-0.130.6-0.450.550.260.290.390.260.12-0.03-0.20.410.05-0.67
0.840.770.790.440.790.890.920.810.040.81-0.130.780.290.420.630.530.03-0.34-0.550.680.42-0.73
0.980.921.00.71.00.560.530.810.310.940.450.940.320.430.860.74-0.03-0.67-0.870.890.83-0.54
0.260.310.390.870.39-0.11-0.130.040.310.410.60.40.270.670.370.19-0.01-0.36-0.280.230.340.27
0.880.790.950.80.950.610.60.810.940.410.440.940.520.380.850.590.1-0.58-0.690.760.66-0.37
0.350.340.490.650.49-0.37-0.45-0.130.450.60.440.440.280.10.510.37-0.01-0.61-0.550.40.690.33
0.90.80.950.760.950.560.550.780.940.40.940.440.220.390.940.63-0.2-0.7-0.730.770.68-0.39
0.240.220.340.480.330.250.260.290.320.270.520.280.220.060.170.080.760.04-0.120.260.180.12
0.480.580.470.610.470.290.290.420.430.670.380.10.390.060.30.420.06-0.2-0.470.510.41-0.42
0.790.660.860.720.860.40.390.630.860.370.850.510.940.170.30.59-0.18-0.71-0.690.790.67-0.22
0.770.820.720.440.730.220.260.530.740.190.590.370.630.080.420.59-0.06-0.52-0.90.790.77-0.53
-0.1-0.08-0.020.05-0.030.050.120.03-0.03-0.010.1-0.01-0.20.760.06-0.18-0.060.450.070.13-0.04-0.02
-0.68-0.59-0.67-0.56-0.68-0.13-0.03-0.34-0.67-0.36-0.58-0.61-0.70.04-0.2-0.71-0.520.450.66-0.52-0.70.12
-0.89-0.91-0.86-0.55-0.87-0.24-0.2-0.55-0.87-0.28-0.69-0.55-0.73-0.12-0.47-0.69-0.90.070.66-0.9-0.960.55
0.880.860.870.570.880.40.410.680.890.230.760.40.770.260.510.790.790.13-0.52-0.90.84-0.55
0.830.850.830.580.840.150.050.420.830.340.660.690.680.180.410.670.77-0.04-0.7-0.960.84-0.39
-0.63-0.65-0.490.03-0.5-0.66-0.67-0.73-0.540.27-0.370.33-0.390.12-0.42-0.22-0.53-0.020.120.55-0.55-0.39
Click cells to compare fundamentals

JB Hunt Account Relationship Matchups

JB Hunt income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization499.1M527.4M557.1M644.5M738.0M774.9M
Interest Expense52.9M47.1M45.8M50.2M65.9M69.2M
Total Revenue9.2B9.6B12.2B14.8B12.8B13.5B
Gross Profit1.5B1.4B1.9B2.5B1.4B1.2B
Other Operating Expenses8.4B8.9B11.1B13.5B11.8B12.4B
Operating Income234.7M185.7M488.4M687.0M1.0B1.1B
Ebit234.7M185.7M488.4M687.0M1.0B1.1B
Ebitda733.8M713.1M1.0B1.3B1.8B1.8B
Cost Of Revenue7.7B8.2B10.3B12.3B11.4B12.0B
Total Operating Expenses772.4M736.8M824.3M1.1B364.1M345.9M
Income Before Tax680.9M666.0M999.8M1.3B934.9M981.6M
Total Other Income Expense Net446.2M480.3M511.3M594.3M(86.1M)(81.8M)
Net Income516.3M506.0M760.8M969.4M728.3M764.7M
Income Tax Expense164.6M160.0M239.0M312.0M206.6M104.2M
Selling General Administrative384.0M348.1M395.5M570.2M632.6M664.2M
Net Income Applicable To Common Shares516.3M506.0M760.8M969.4M1.1B1.2B
Net Income From Continuing Ops516.3M506.0M760.8M969.4M776.1M558.2M
Non Operating Income Net Other1.8M486K493K1.1M1.2M1.3M
Tax Provision164.6M160.0M239.0M312.0M242.6M208.4M
Interest Income1.8M486K493K1.1M7.6M8.0M
Net Interest Income(52.9M)(47.1M)(45.8M)(50.2M)(53.2M)(55.8M)
Reconciled Depreciation499.1M527.4M557.1M644.5M715.1M591.3M

Pair Trading with JB Hunt

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JB Hunt position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JB Hunt will appreciate offsetting losses from the drop in the long position's value.

Moving together with JBHT Stock

  0.81JYD Jayud Global LogisticsPairCorr

Moving against JBHT Stock

  0.64ZTO ZTO ExpressPairCorr
The ability to find closely correlated positions to JB Hunt could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JB Hunt when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JB Hunt - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JB Hunt Transport to buy it.
The correlation of JB Hunt is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JB Hunt moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JB Hunt Transport moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for JB Hunt can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for JBHT Stock Analysis

When running JB Hunt's price analysis, check to measure JB Hunt's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JB Hunt is operating at the current time. Most of JB Hunt's value examination focuses on studying past and present price action to predict the probability of JB Hunt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JB Hunt's price. Additionally, you may evaluate how the addition of JB Hunt to your portfolios can decrease your overall portfolio volatility.