J.B. Hunt Targets $700 Million in 2026 CapEx as Operating Margin Falls

J.B. Hunt plans roughly $700 million in net capital spending for 2026 and expects the pace to pick up in the final quarter, as its Intermodal business pursues margin improvement during the 2027 bid season. For the quarter ended Sept. 30, revenue rose 20% year over year to $3.677 billion. Operating income increased 2% to $247.093 million, and the operating margin fell to 6.7% from 7.9%. Revenue excluding fuel surcharges grew 13%. Net earnings were $172.418 million, and diluted earnings per share were $1.82, up from $1.76 in the quarter’s results . The roughly $700 million target falls within a previously stated 2026 net CapEx range of $600 million to $800 million.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.