vs
J.B. Hunt（JBHT）与纳斯达克（NDAQ）财务数据对比。点击上方公司名可切换其他公司
J.B. Hunt的季度营收约是纳斯达克的1.4倍（$3.1B vs $2.1B），纳斯达克净利率更高（24.3% vs 5.8%，领先18.4%），纳斯达克同比增速更快（2.0% vs -1.6%），过去两年纳斯达克的营收复合增速更高（9.2% vs 2.6%）
J.B.亨特运输服务公司是总部位于美国阿肯色州洛厄尔的运输物流企业，1961年8月10日由约翰尼·布莱恩·亨特与乔内尔·亨特在阿肯色州创立。截至1983年，公司已成为美国第80大卡车运输企业，营收达6.2347亿美元，当时运营550台牵引车、1049辆挂车，拥有约1050名员工。
纳斯达克是美国的证券交易所，市值规模在全球证券交易所中排名第二，也是全球首个完全电子化的股票市场。其总部位于纽约曼哈顿，是美国交易量领先、活跃度最高的股票交易场所之一。
JBHT vs NDAQ — 直观对比
营收规模更大
JBHT
是对方的1.4倍
$2.1B
营收增速更快
NDAQ
高出3.5%
-1.6%
净利率更高
NDAQ
高出18.4%
5.8%
两年增速更快
NDAQ
近两年复合增速
2.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $2.1B |
| 净利润 | $181.1M | $519.0M |
| 毛利率 | — | — |
| 营业利润率 | 8.0% | 30.7% |
| 净利率 | 5.8% | 24.3% |
| 营收同比 | -1.6% | 2.0% |
| 净利润同比 | 16.5% | 31.4% |
| 每股收益（稀释后） | $1.88 | $0.91 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收JBHTNDAQ
| Q1 26 | — | $2.1B | ||
| Q4 25 | $3.1B | $2.1B | ||
| Q3 25 | $3.1B | $2.0B | ||
| Q2 25 | $2.9B | $2.1B | ||
| Q1 25 | $2.9B | $2.1B | ||
| Q4 24 | $3.1B | $2.0B | ||
| Q3 24 | $3.1B | $1.9B | ||
| Q2 24 | $2.9B | $1.8B |
净利润JBHTNDAQ
| Q1 26 | — | $519.0M | ||
| Q4 25 | $181.1M | $518.0M | ||
| Q3 25 | $170.8M | $423.0M | ||
| Q2 25 | $128.6M | $452.0M | ||
| Q1 25 | $117.7M | $395.0M | ||
| Q4 24 | $155.5M | $355.0M | ||
| Q3 24 | $152.1M | $306.0M | ||
| Q2 24 | $135.9M | $222.0M |
毛利率JBHTNDAQ
| Q1 26 | — | — | ||
| Q4 25 | — | 65.5% | ||
| Q3 25 | — | 67.2% | ||
| Q2 25 | — | 62.5% | ||
| Q1 25 | — | 59.2% | ||
| Q4 24 | — | 60.4% | ||
| Q3 24 | — | 60.3% | ||
| Q2 24 | — | 64.7% |
营业利润率JBHTNDAQ
| Q1 26 | — | 30.7% | ||
| Q4 25 | 8.0% | 29.7% | ||
| Q3 25 | 7.9% | 29.9% | ||
| Q2 25 | 6.7% | 27.2% | ||
| Q1 25 | 6.1% | 26.2% | ||
| Q4 24 | 6.6% | 25.4% | ||
| Q3 24 | 7.3% | 23.6% | ||
| Q2 24 | 7.0% | 23.6% |
净利率JBHTNDAQ
| Q1 26 | — | 24.3% | ||
| Q4 25 | 5.8% | 24.4% | ||
| Q3 25 | 5.6% | 21.6% | ||
| Q2 25 | 4.4% | 21.6% | ||
| Q1 25 | 4.0% | 18.9% | ||
| Q4 24 | 4.9% | 17.5% | ||
| Q3 24 | 5.0% | 16.1% | ||
| Q2 24 | 4.6% | 12.4% |
每股收益（稀释后）JBHTNDAQ
| Q1 26 | — | $0.91 | ||
| Q4 25 | $1.88 | $0.90 | ||
| Q3 25 | $1.76 | $0.73 | ||
| Q2 25 | $1.31 | $0.78 | ||
| Q1 25 | $1.17 | $0.68 | ||
| Q4 24 | $1.53 | $0.62 | ||
| Q3 24 | $1.49 | $0.53 | ||
| Q2 24 | $1.32 | $0.38 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $17.3M | $515.0M |
| 总债务越低越好 | — | $9.0B |
| 股东权益账面价值 | $3.6B | $12.0B |
| 总资产 | $7.9B | $27.3B |
| 负债/权益比越低杠杆越低 | — | 0.74× |
8季度趋势，按日历期对齐
现金及短期投资JBHTNDAQ
| Q1 26 | — | $515.0M | ||
| Q4 25 | $17.3M | $604.0M | ||
| Q3 25 | $52.3M | $470.0M | ||
| Q2 25 | $50.9M | $732.0M | ||
| Q1 25 | $43.4M | $690.0M | ||
| Q4 24 | $47.0M | $592.0M | ||
| Q3 24 | $120.0M | $266.0M | ||
| Q2 24 | $53.5M | $416.0M |
总债务JBHTNDAQ
| Q1 26 | — | $9.0B | ||
| Q4 25 | — | $8.6B | ||
| Q3 25 | — | $8.7B | ||
| Q2 25 | — | $8.7B | ||
| Q1 25 | — | $8.9B | ||
| Q4 24 | $977.7M | $9.1B | ||
| Q3 24 | $1.0B | $9.4B | ||
| Q2 24 | $1.5B | $9.2B |
股东权益JBHTNDAQ
| Q1 26 | — | $12.0B | ||
| Q4 25 | $3.6B | $12.2B | ||
| Q3 25 | $3.6B | $12.0B | ||
| Q2 25 | $3.7B | $11.8B | ||
| Q1 25 | $3.9B | $11.5B | ||
| Q4 24 | $4.0B | $11.2B | ||
| Q3 24 | $4.0B | $11.1B | ||
| Q2 24 | $4.1B | $10.9B |
总资产JBHTNDAQ
| Q1 26 | — | $27.3B | ||
| Q4 25 | $7.9B | $31.1B | ||
| Q3 25 | $8.1B | $30.7B | ||
| Q2 25 | $8.2B | $30.4B | ||
| Q1 25 | $8.3B | $30.6B | ||
| Q4 24 | $8.3B | $30.4B | ||
| Q3 24 | $8.3B | $30.6B | ||
| Q2 24 | $8.4B | $30.2B |
负债/权益比JBHTNDAQ
| Q1 26 | — | 0.74× | ||
| Q4 25 | — | 0.70× | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | 0.73× | ||
| Q1 25 | — | 0.77× | ||
| Q4 24 | 0.24× | 0.81× | ||
| Q3 24 | 0.26× | 0.85× | ||
| Q2 24 | 0.36× | 0.85× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $385.6M | — |
| 自由现金流经营现金流 - 资本支出 | $251.3M | — |
| 自由现金流率自由现金流/营收 | 8.1% | — |
| 资本支出强度资本支出/营收 | 4.3% | — |
| 现金转化率经营现金流/净利润 | 2.13× | — |
| 过去12个月自由现金流最近4个季度 | $947.6M | — |
8季度趋势，按日历期对齐
经营现金流JBHTNDAQ
| Q1 26 | — | — | ||
| Q4 25 | $385.6M | $625.0M | ||
| Q3 25 | $486.4M | $221.0M | ||
| Q2 25 | $402.1M | $746.0M | ||
| Q1 25 | $404.2M | $663.0M | ||
| Q4 24 | $317.6M | $705.0M | ||
| Q3 24 | $338.5M | $244.0M | ||
| Q2 24 | $360.6M | $460.0M |
自由现金流JBHTNDAQ
| Q1 26 | — | — | ||
| Q4 25 | $251.3M | $536.0M | ||
| Q3 25 | $352.4M | $152.0M | ||
| Q2 25 | $185.6M | $687.0M | ||
| Q1 25 | $158.4M | $614.0M | ||
| Q4 24 | $93.3M | $645.0M | ||
| Q3 24 | $163.1M | $188.0M | ||
| Q2 24 | $98.2M | $408.0M |
自由现金流率JBHTNDAQ
| Q1 26 | — | — | ||
| Q4 25 | 8.1% | 25.2% | ||
| Q3 25 | 11.5% | 7.8% | ||
| Q2 25 | 6.3% | 32.9% | ||
| Q1 25 | 5.4% | 29.4% | ||
| Q4 24 | 3.0% | 31.7% | ||
| Q3 24 | 5.3% | 9.9% | ||
| Q2 24 | 3.4% | 22.8% |
资本支出强度JBHTNDAQ
| Q1 26 | — | — | ||
| Q4 25 | 4.3% | 4.2% | ||
| Q3 25 | 4.4% | 3.5% | ||
| Q2 25 | 7.4% | 2.8% | ||
| Q1 25 | 8.4% | 2.3% | ||
| Q4 24 | 7.1% | 3.0% | ||
| Q3 24 | 5.7% | 2.9% | ||
| Q2 24 | 9.0% | 2.9% |
现金转化率JBHTNDAQ
| Q1 26 | — | — | ||
| Q4 25 | 2.13× | 1.21× | ||
| Q3 25 | 2.85× | 0.52× | ||
| Q2 25 | 3.13× | 1.65× | ||
| Q1 25 | 3.43× | 1.68× | ||
| Q4 24 | 2.04× | 1.99× | ||
| Q3 24 | 2.23× | 0.80× | ||
| Q2 24 | 2.65× | 2.07× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
JBHT
| JBI | $1.5B | 50% |
| DCS | $842.8M | 27% |
| ICS | $304.5M | 10% |
| FMS | $206.3M | 7% |
| JBT | $200.7M | 6% |
NDAQ
| Market Services | $1.0B | 49% |
| Capital Access Platforms | $565.0M | 26% |
| Financial Technology | $517.0M | 24% |
| Other Revenues | $8.0M | 0% |
