JBHT Down 21% in 43 Days. What History Says Now

J.B. Hunt (JBHT) Is Down 20.7% in 43 Days. What History Says

J.B. Hunt Transport Services, Inc. (JBHT) is down -20.7% from its all-time high as of September 16, 2026, and has been falling for 43 days. The Drawdown Severity Score™ stands at 3.9, placing it in the yellow (Elevated) zone. In 14 comparable prior drops of this depth, the stock took an average of 750 days to recover.

Current Drawdown Severity

The current price of $236.73 represents a clear departure from the historical baseline for this asset. Our data shows that the transition from the green zone to the yellow zone occurred as the drawdown crossed the -20.7% threshold. A Drawdown Severity Score™ of 3.9 indicates that the current sell-off has moved beyond a routine pullback.

Historically, the stock spends the vast majority of its trading life in the green zone, characterized by minor fluctuations. The shift to the yellow zone signifies that the current 43-day decline has accumulated enough downward momentum to alter its risk profile. The peak of $298.41 now stands as a key resistance level for future recovery attempts.

Historical Comparison and Recovery Outlook

To understand the current price action, we must examine the historical footprint of this asset. Our database has tracked a total of 228 historical drawdown events for this stock. Across all recorded events, the average max drawdown is -5.9%, with an average drawdown duration of 63 days.

The current drawdown of -20.7% is more than three times deeper than the historical average. This depth places the current event in a select category of severe pullbacks. Specifically, the stock has dropped by 20% or more only 14 times in its history.

Our historical data shows that when the stock enters a drawdown of this magnitude, recovery is rarely swift. In the 14 comparable prior instances, the average duration to recover and reclaim the previous peak was 750 days. At 43 days into the current drawdown, the stock is in the early stages of a process that has historically required multiple years to resolve.

Historical Valuation Context

As of 2026-09-13, the Price-to-Sales (P/S) ratio for J.B. Hunt Transport Services, Inc. (JBHT) sits at 1.8, which is in the 90th percentile of its own daily P/S record since 2006-09-11, compared to its historical median of 1.4. Simultaneously, the EV-to-EBITDA ratio stands at 14.0, placing it in the 91st percentile of its own daily EV/EBITDA record since 2006-09-11, against a historical median of 11.0. This indicates that despite the -20.7% price drawdown from its all-time high, both valuation metrics remain historically high and sit above their typical historical ranges relative to the stock's own historical record.

Data Limits and Methodology

This drawdown analysis relies entirely on historical price, duration, severity, and valuation data. We do not incorporate external qualitative factors, macroeconomic indicators, or industry-specific developments. Our models focus exclusively on the mathematical behavior of the asset's price relative to its own historical distribution.

By isolating these variables, we provide an objective framework for assessing risk. However, past performance does not guarantee future results. The historical average recovery time of 750 days is a statistical aggregate, and individual cycles can vary based on factors not captured by price history alone.

Key Drawdown Thresholds to Watch

Investors tracking the current trajectory should monitor several critical data markers. The Drawdown Severity Score™ of 3.9 will adjust dynamically as daily closing prices change. If the drawdown deepens past -20.7%, the score may rise further into the yellow zone or approach the red zone.

Conversely, a sustained upward price movement will reduce the drawdown depth and lower the severity score. The 43-day duration marker remains a key point of comparison against the historical 750-day average for comparable deep drops. Any transition back to the green zone would indicate a significant structural shift in the current downward trend.