J B Hunt Transport Services : PDF

J.B. HUNT

Q1 2021 RESULTS

DISCLOSURE

This presentation and discussion may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "anticipates," "intends," "estimates," or similar expressions are intended to identify these forward-looking statements. These statements are based on J.B. Hunt's current plans and expectations and involve risks and uncertainties that could cause future activities and results of operations to be materially different from those set forth in the forward-looking statements. For further information, please refer to J.B. Hunt's reports and filings with the Securities and Exchange Commission.

DISTINCT & COMPLEMENTARY BUSINESSES

Intermodal (JBI)

• Largest, 100% 53' high-cube container fleet
• Largest drayage fleet in North America
• Priority loading and unloading at major rail terminals

Dedicated Contract Services (DCS)

• Fleet creation, conversion, and augmentation
• Design & implementation of value-driven supply chain solutions
• On-sitemanagement

Integrated Capacity Solutions (ICS)

• Non-assetbased offering of dry van, flatbed, refrigerated, expedited, and LTL services.
• 40- and 20-foot box domestic and international containers and international intermodal services
• Services to all 50 States, Canada, and Mexico

Final Mile Services (FMS)

• Largest final mile asset network in the US
• Provider of both asset and non-asset big and bulky delivery and installation services
• Nationwide fulfillment and retail-pooling distribution services

Truckload (JBT)

• One of the largest capacity networks in North America
• Instant tracking via the Internet
• GPS trailer tracking

1Q 2021 Revenue Mix

			6%
			8%
											JBI
								45%		DCS
			20%				ICS
											FMS
											JBT
			22%
			Percentage of 1Q 2021 Operating Income
					by Business Segment
60%
	52%
50%
		36%
40%
30%
20%
					3%	4%	5%
10%
0%
	JBI			DCS		ICS		FMS		JBT

1Q 2021 RESULTS VS. 1Q 2020

OVERVIEW

1Q 2021 Revenue:

$2.62 billion; up 15%

1Q 2021 Revenue, excl. FSC:

$2.39 billion; up 17%

1Q 2021 Operating Income:

$207.7 million; up 34%

1Q 2021 EPS:

$1.37 vs. $0.98; up 40%

SEGMENT PERFORMANCE

Intermodal (JBI)

Revenue: $1.18 billion; up 2%

Operating Income: $107.5 million; up 5%

Dedicated Contract Services (DCS)

Revenue: $580 million; up 7%

Operating Income: $74.3 million; up 2%

Integrated Capacity Solutions (ICS)

Revenue: $525 million; up 56%

Operating Income: $7.3 million; compared to $(18.9) million Operating Loss in 1Q'20

Final Mile Services (FMS)

Revenue: $202 million; up 31%

Operating Income: $8.5 million; compared to $(3.3) million Operating Loss in 1Q'20

Truckload (JBT)

Revenue: $150 million; up 43%

Operating Income: $10.2 million; up 472%

4Q RESULTS CONSOLIDATED

$10,000

$9,000

$8,000

$7,000

$6,000

$5,000

$4,000

$3,000

$2,000

$1,000

$-

Revenue

(in millions)

$9,165$9,637

$8,615

$7,190

$6,555

$6,165 $6,188

$5,585

$2,281$2,618

2013 2014 2015 2016 2017 2018 2019 2020 1Q 20 1Q 21

Operating Income

(in millions)

$800								$734
		$632	$716	$721		$681		$713
$700
	$577				$624
$600
$500
$400
$300
									$155	$208
$200
$100
$-
2013	2014	2015	2016	2017	2018	2019	2020	1Q 20	1Q 21

Diluted EPS

$7.00
					$6.18
$6.00
							$4.77	$4.74
$5.00
			$3.66	$3.81		$4.43
$4.00
	$2.87	$3.16
$3.00
$2.00
									$0.98	$1.37
$1.00
$-
2013	2014	2015	2016	2017	2018	2019	2020	1Q 20	1Q 21