--- title: J.B. Hunt (JBHT) — intrinsic value and fair price canonical: https://sweetvaluelab.com/stocks/jbht ticker: JBHT as_of: 2026-10-17 sector: Industrials industry: Integrated Freight & Logistics --- # J.B. Hunt (JBHT) J.B. Hunt (JBHT) closed at $228.78 on Oct 16, 2026, overvalued by 239% vs its model value of $67.43 (from a five-year discounted cash flow). ## Key figures | Figure | Value | | --- | ---: | | Last close | $228.78 (Oct 16, 2026) | | Model value (from a five-year discounted cash flow) | $67.43 | | Price vs model | overvalued by 239% vs model | | Range of that model | $45.11 – $121.50 | | Market value | $21.5B | | P/E (fiscal 2025) | 37.4 | | Net margin (fiscal 2025) | 5.0% | | Free cash flow (fiscal 2025) | $947.6M | | Dividend yield (trailing twelve months) | 0.78% | | Beta | 1.31 | | Cost of capital (WACC) | 9.69% | | Business classification | Cyclical (Revenue declining (~-3% recent), Thin margins (5.0% net margin), Highly cyclical earnings) | ## Dividends | Figure | Value | | --- | ---: | | Trailing dividend yield | 0.78% | | Dividends per share, last 12 months | $1.79 | | Dividends / free cash flow (fiscal 2025) | 18.1% | | Raised | 21 years in a row | | Growth over 5 years | 9.3% a year | | Latest payment | $0.45, ex-date Aug 7, 2026, paid Aug 21, 2026 | | Year of payments | Dividends per share | | --- | ---: | | To Aug 5, 2021 | $1.15 | | To Aug 4, 2022 | $1.50 | | To Aug 3, 2023 | $1.66 | | To Aug 2, 2024 | $1.71 | | To Aug 8, 2025 | $1.75 | | Trailing twelve months (to Aug 7, 2026) | $1.79 | ## Valuation models Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026. | Model | Role | Value per share | Low | High | | --- | --- | ---: | ---: | ---: | | DCF · Perpetuity growth · 5y | primary | $67.43 | $45.11 | $121.50 | | DCF · Perpetuity growth · 10y | cross check | $97.04 | $65.46 | $173.25 | | DCF · EBITDA exit · 5y | cross check | $193.47 | $107.56 | $295.10 | | DCF · EBITDA exit · 10y | cross check | $201.32 | $111.02 | $324.08 | | P/E · peers | cross check | $157.82 | $139.66 | $215.62 | | P/E · own history | cross check | $170.98 | $154.01 | $204.58 | | PEG | sanity check | $157.95 | $157.95 | $157.95 | | EV/EBITDA · peers | cross check | $187.79 | $133.87 | $310.82 | | EV/Revenue · peers | cross check | $111.18 | $90.91 | $121.96 | | Earnings power value | cross check | $21.44 | $16.58 | $28.08 | | Dividend discount | cross check | $39.60 | $28.60 | $54.60 | ## Insider activity (SEC Form 4) No open-market insider buys or sales filed in the past 90 days. | Date | Insider | Relationship | Transaction | Shares | Value | | --- | --- | --- | --- | ---: | ---: | | Jun 5, 2026 | Keefauver David | EVP of People | Open-market sell | 703 | $200,443.6 | | Jun 5, 2026 | Webb Brian | EVP- Final Mile Services | Open-market sell | 1,500 | $426,015.2 | | May 29, 2026 | Hobbs Nicholas | EVP and COO | Bona fide gift | 6,204 | $0 | | Jun 2, 2026 | GARRISON EARL WAYNE | Honorary Founding Director | Bona fide gift | 76,744 | $0 | | May 28, 2026 | ROBO JAMES L | Director | Other | 37,856 | $10.2M | ## Recent SEC filings | Filed | Form | What | Filing | | --- | --- | --- | --- | | Oct 15, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/728535/000143774926032715/jbht20261014_8k.htm | | Jul 24, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/728535/000143774926024397/jbht20260630_10q.htm | | Jul 15, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/728535/000143774926023629/jbht20260714_8k.htm | | Apr 24, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/728535/000143774926013300/jbht20260331_10q.htm | | Apr 24, 2026 | 8-K | 5.07 Submission of Matters to a Shareholder Vote | https://www.sec.gov/Archives/edgar/data/728535/000143774926013243/jbht20260423_8k.htm | ## Superinvestors holding it (latest 13F) | Manager | Quarter | Shares | Value | | --- | --- | ---: | ---: | | First Eagle | 2026-06-30 | 4,032 | $1.2M | 1 tracked managers in all. ## About Operating across North America, J.B. Hunt Transport Services, Inc. specializes in ground transportation, last-mile delivery, and comprehensive logistics solutions. Its operations are structured into five distinct divisions: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The Intermodal (JBI) division facilitates freight movement using multiple transport modes. This segment boasts a substantial asset base, including 104,973 company-owned trailers, a self-maintained fleet of 85,649 chassis, 5,612 company-owned tractors, 582 independent contractor vehicles, and a workforce of 6,943 company drivers. Dedicated Contract Services (DCS) focuses on engineering, implementing, and managing bespoke supply chain strategies for diverse transportation requirements. As of December 31, 2021, its fleet comprised 11,1… --- Source: https://sweetvaluelab.com/stocks/jbht (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.