J.B. Hunt said consolidated operating revenues in 2024 decreased 5.8% to $12.09 billion, compared to $12.83 billion in 2023, and consolidated operating expenses decreased 4.9%, resulting in an operating ratio of 93.1% in 2023 compared to 92.3%.

1. 01

   J.B. Hunt said consolidated operating revenues in 2024 decreased 5.8% to $12.09 billion, compared to $12.83 billion in 2023, and consolidated operating expenses decreased 4.9%, resulting in an operating ratio of 93.1% in 2023 compared to 92.3%.

2. 02

   The company said operating income in 2024 decreased to $430 million for JBI, compared to $569 million in 2023, and to $376 million for DCS, compared to $405 million in 2023, while FMS increased to $60 million, compared to $47 million in 2023. ICS had an operating loss of $56 million in 2023, compared to $44 million.

3. 03

   J.B. Hunt said net cash provided by operating activities in 2024 totaled $1.48 billion, compared to $1.74 billion in 2023, net cash used in investing activities totaled $664 million, compared to $1.69 billion in 2023, and net cash used in financing activities totaled $826 million, compared to $58 million in 2023.

4. 04

   The company said as of December 31, 2024 it had a cash balance of $47 million, an outstanding balance on the revolving line of credit of $280.0 million, and an outstanding balance of term loans maturing in 2025 of $500.0 million at an average interest rate of 5.48%. It also said senior notes of $250 million at 3.85% matured in March 2024 and were paid in full.

Key figures

Fiscal year ended December 31, 2024

Revenue

$12.1B

Operating income

$831M

Net income

$571M

EPS

$5.56

Operating cash flow

$1.5B

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.