Statement
Assets, liabilities and equity aligned across the annual filing history, in USD millions.
Assets
-4.6% YoYReported for FY 2025
Liabilities
+1.5% YoYReported for FY 2025
Equity
-11.2% YoYReported for FY 2025
Equity mix
-3.3 ppEquity share of the capital base
Table view
Every figure is the balance as filed. Each filing badge opens the SEC index page for that fiscal year.
Structure
Assets plotted against the liabilities and equity stack, so you can see how the balance sheet is financed.
Liabilities and equity stack to the capital base; assets are the dashed reference line.
Composition
The same split read as a share of total capital rather than in absolute dollars.
Percentages are measured against total capital for each fiscal year.
Trend
How assets, liabilities and equity have moved across the annual balance sheet window.
Switching between bar and line keeps the selected year order.
Commentary
This explanation uses an earlier data snapshot or evidence version. Compare its generation date with the current filing figures.
Earlier AI snapshot · Generated Jun 10, 2026. The filing-backed figures above are the current source of truth.
J.B. Hunt Transport Services’ balance sheet has remained solid and fairly conservative over the past five years, with assets, liabilities, and equity all generally trending upward from 2021 through 2023 before easing in 2024–2025. Total assets increased from about $6.8 billion in 2021 to a peak of $8.6 billion in 2023, then declined modestly to $8.3 billion in 2024 and $7.9 billion in 2025. Liabilities followed a similar but less volatile path, rising from $3.7 billion in 2021 to roughly $4.5 billion in 2023, then staying relatively stable around $4.3–$4.4 billion in 2024–2025. Stockholders’ equity expanded from $3.1 billion in 2021 to just over $4.1 billion in 2023, before slipping to $4.0 billion in 2024 and $3.6 billion in 2025. The main takeaway is that the company has maintained a healthy equity base and moderate leverage, with liabilities remaining well below assets throughout the period. The dip in 2024–2025 likely reflects a normalization from the stronger balance-sheet expansion seen in 2022–2023, which may align with broader freight and trucking-cycle conditions, including softer demand, pricing pressure, or capital deployment needs in a cyclical transportation environment. Even with the recent pullback, the company’s equity remains substantial, suggesting continued financial stability and flexibility.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.