Knight-Swift Transn Hldgs Inc Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Knight-Swift Transn Hldgs Inc has an operating margin of 3.3%, meaning the company retains $3 of operating profit per $100 of revenue. This below-average margin results in a low score of 16/100, suggesting thin profitability after operating expenses. This is down from 4.7% the prior year.
Knight-Swift Transn Hldgs Inc's revenue grew a modest 3.8% year-over-year to $7.4B. This slow but positive growth earns a score of 39/100.
Knight-Swift Transn Hldgs Inc carries a low D/E ratio of 0.26, meaning only $0.26 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Knight-Swift Transn Hldgs Inc's current ratio of 0.85 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 14/100, which could limit financial flexibility.
Knight-Swift Transn Hldgs Inc generates a 1.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 7/100. This is down from 3.1% the prior year.
Knight-Swift Transn Hldgs Inc scores 1.95, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($9.7B) relative to total liabilities ($5.6B). This signals moderate financial risk that warrants monitoring.
Knight-Swift Transn Hldgs Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Knight-Swift Transn Hldgs Inc generates $6.79 in operating cash flow ($799.1M OCF vs $117.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Knight-Swift Transn Hldgs Inc earns $1.4 in operating income for every $1 of interest expense ($243.4M vs $171.2M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Knight-Swift Transn Hldgs Inc (KNX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Knight-Swift Transn Hldgs Inc generated $7.4B in revenue in fiscal year 2024. This represents an increase of 3.8% from the prior year.
Knight-Swift Transn Hldgs Inc's EBITDA was $1.0B in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 3.5% from the prior year.
Knight-Swift Transn Hldgs Inc reported $117.6M in net income in fiscal year 2024. This represents a decrease of 45.8% from the prior year.
Knight-Swift Transn Hldgs Inc earned $0.73 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 45.5% from the prior year.
Knight-Swift Transn Hldgs Inc held $218.3M in cash against $1.8B in long-term debt as of fiscal year 2024.
Knight-Swift Transn Hldgs Inc paid $0.64 per share in dividends in fiscal year 2024. This represents an increase of 14.3% from the prior year.
Knight-Swift Transn Hldgs Inc had 162M shares outstanding in fiscal year 2024. This represents an increase of 0.3% from the prior year.
Knight-Swift Transn Hldgs Inc's operating margin was 3.3% in fiscal year 2024, reflecting core business profitability. This is down 1.4 percentage points from the prior year.
Knight-Swift Transn Hldgs Inc's net profit margin was 1.6% in fiscal year 2024, showing the share of revenue converted to profit. This is down 1.4 percentage points from the prior year.
Knight-Swift Transn Hldgs Inc's ROE was 1.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.4 percentage points from the prior year.
Knight-Swift Transn Hldgs Inc spent $0 on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
KNX Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.9B+3.5% | $1.9B+2.1% | $1.8B-2.1% | $1.9B+1.0% | $1.8B+1.3% | $1.8B-5.7% | $1.9B-4.4% | $2.0B |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | $50.3M-30.7% | $72.6M+8.9% | $66.7M-14.5% | $78.0M+22.8% | $63.5M+208.7% | $20.6M+12.4% | $18.3M-77.4% | $81.1M |
| Interest Expense | $40.9M+0.1% | $40.9M+1.7% | $40.2M-10.7% | $45.0M+11.3% | $40.5M-1.8% | $41.2M+2.3% | $40.3M+2.4% | $39.4M |
| Income Tax | $7.4M-47.2% | $14.0M+35.8% | $10.3M-3.8% | $10.7M-9.2% | $11.8M+420.9% | -$3.7M-383.9% | $1.3M+206.1% | -$1.2M |
| Net Income | $7.9M-77.0% | $34.2M+11.8% | $30.6M-55.9% | $69.5M+242.3% | $20.3M+870.4% | -$2.6M+75.3% | -$10.7M-117.7% | $60.2M |
| EPS (Diluted) | $0.05-76.2% | $0.21+10.5% | $0.19-55.8% | $0.43+230.8% | $0.13+750.0% | $-0.02+66.7% | $-0.06-116.2% | $0.37 |
KNX Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $12.6B+0.8% | $12.5B-0.7% | $12.6B-0.7% | $12.7B+1.0% | $12.6B-0.5% | $12.6B-1.9% | $12.9B+0.2% | $12.8B |
| Current Assets | $1.5B+1.7% | $1.4B-0.7% | $1.5B+0.4% | $1.4B-0.1% | $1.5B-5.3% | $1.5B-10.3% | $1.7B-3.0% | $1.8B |
| Cash & Equivalents | $192.7M-10.9% | $216.3M+3.3% | $209.5M-4.0% | $218.3M+17.0% | $186.5M-8.9% | $204.8M+21.5% | $168.5M-12.8% | $193.4M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $864.5M+1.9% | $848.3M-2.2% | $867.3M+7.9% | $803.7M-4.5% | $841.6M-3.0% | $867.6M-2.4% | $888.6M-8.5% | $971.2M |
| Goodwill | $4.0B0.0% | $4.0B0.0% | $4.0B0.0% | $4.0B+2.1% | $3.9B+0.2% | $3.9B+0.6% | $3.8B+0.1% | $3.8B |
| Total Liabilities | $5.5B+2.0% | $5.4B-1.7% | $5.5B-1.8% | $5.6B+1.5% | $5.5B-1.0% | $5.6B-3.6% | $5.8B+1.0% | $5.7B |
| Current Liabilities | $1.1B-32.0% | $1.6B-1.4% | $1.6B-3.4% | $1.7B+3.4% | $1.7B+0.4% | $1.6B-10.0% | $1.8B+5.5% | $1.7B |
| Long-Term Debt | $1.9B+1.5% | $1.8B-0.5% | $1.8B+0.4% | $1.8B+11.1% | $1.6B-5.8% | $1.7B+7.1% | $1.6B-13.5% | $1.9B |
| Total Equity | $7.1B-0.2% | $7.1B+0.1% | $7.1B+0.1% | $7.1B+0.8% | $7.1B0.0% | $7.1B-0.4% | $7.1B-0.4% | $7.1B |
| Retained Earnings | $2.6B-0.8% | $2.7B0.0% | $2.7B-0.1% | $2.7B+1.8% | $2.6B-0.4% | $2.6B-1.3% | $2.7B-1.3% | $2.7B |
KNX Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $217.5M+0.5% | $216.5M+97.8% | $109.4M-60.1% | $274.3M+0.3% | $273.4M+633.5% | $37.3M-87.1% | $288.2M+90.5% | $151.3M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$234.9M-73.5% | -$135.4M-149.7% | -$54.2M+61.3% | -$140.1M-17.6% | -$119.1M+14.8% | -$139.7M+0.2% | -$140.0M+79.2% | -$672.0M |
| Financing Cash Flow | -$27.6M+67.7% | -$85.3M-11.8% | -$76.3M+10.1% | -$84.9M+47.0% | -$160.1M-620.3% | -$22.2M+83.6% | -$135.4M-373.7% | $49.5M |
| Dividends Paid | $29.4M0.0% | $29.4M+0.4% | $29.3M+13.2% | $25.9M-0.6% | $26.1M+0.6% | $25.9M+14.6% | $22.6M-0.7% | $22.8M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 |
KNX Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 2.6%-1.3pp | 3.9%+0.3pp | 3.6%-0.5pp | 4.2%+0.7pp | 3.4%+2.3pp | 1.1%+0.2pp | 0.9%-3.1pp | 4.0% |
| Net Margin | 0.4%-1.4pp | 1.8%+0.2pp | 1.7%-2.1pp | 3.7%+2.6pp | 1.1%+1.2pp | -0.1%+0.4pp | -0.5%-3.5pp | 3.0% |
| Return on Equity | 0.1%-0.4pp | 0.5%+0.0pp | 0.4%-0.5pp | 1.0%+0.7pp | 0.3% | N/A | N/A | 0.9% |
| Return on Assets | 0.1%-0.2pp | 0.3%+0.0pp | 0.2%-0.3pp | 0.5%+0.4pp | 0.2%+0.2pp | -0.0%+0.1pp | -0.1%-0.6pp | 0.5% |
| Current Ratio | 1.33+0.4 | 0.890.0 | 0.88+0.0 | 0.85-0.0 | 0.88-0.1 | 0.930.0 | 0.94-0.1 | 1.02 |
| Debt-to-Equity | 0.260.0 | 0.260.0 | 0.260.0 | 0.26+0.0 | 0.23-0.0 | 0.25+0.0 | 0.23-0.0 | 0.26 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.85), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Knight-Swift Transn Hldgs Inc's annual revenue?
Knight-Swift Transn Hldgs Inc (KNX) reported $7.4B in total revenue for fiscal year 2024. This represents a 3.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Knight-Swift Transn Hldgs Inc's revenue growing?
Knight-Swift Transn Hldgs Inc (KNX) revenue grew by 3.8% year-over-year, from $7.1B to $7.4B in fiscal year 2024.
Is Knight-Swift Transn Hldgs Inc profitable?
Yes, Knight-Swift Transn Hldgs Inc (KNX) reported a net income of $117.6M in fiscal year 2024, with a net profit margin of 1.6%.
What is Knight-Swift Transn Hldgs Inc's earnings per share (EPS)?
Knight-Swift Transn Hldgs Inc (KNX) reported diluted earnings per share of $0.73 for fiscal year 2024. This represents a -45.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Knight-Swift Transn Hldgs Inc's EBITDA?
Knight-Swift Transn Hldgs Inc (KNX) had EBITDA of $1.0B in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Knight-Swift Transn Hldgs Inc have?
As of fiscal year 2024, Knight-Swift Transn Hldgs Inc (KNX) had $218.3M in cash and equivalents against $1.8B in long-term debt.
What is Knight-Swift Transn Hldgs Inc's operating margin?
Knight-Swift Transn Hldgs Inc (KNX) had an operating margin of 3.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Knight-Swift Transn Hldgs Inc's net profit margin?
Knight-Swift Transn Hldgs Inc (KNX) had a net profit margin of 1.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Knight-Swift Transn Hldgs Inc pay dividends?
Yes, Knight-Swift Transn Hldgs Inc (KNX) paid $0.64 per share in dividends during fiscal year 2024.
What is Knight-Swift Transn Hldgs Inc's return on equity (ROE)?
Knight-Swift Transn Hldgs Inc (KNX) has a return on equity of 1.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Knight-Swift Transn Hldgs Inc's operating cash flow?
Knight-Swift Transn Hldgs Inc (KNX) generated $799.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Knight-Swift Transn Hldgs Inc's total assets?
Knight-Swift Transn Hldgs Inc (KNX) had $12.7B in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does Knight-Swift Transn Hldgs Inc have outstanding?
Knight-Swift Transn Hldgs Inc (KNX) had 162M shares outstanding as of fiscal year 2024.
What is Knight-Swift Transn Hldgs Inc's current ratio?
Knight-Swift Transn Hldgs Inc (KNX) had a current ratio of 0.85 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Knight-Swift Transn Hldgs Inc's debt-to-equity ratio?
Knight-Swift Transn Hldgs Inc (KNX) had a debt-to-equity ratio of 0.26 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Knight-Swift Transn Hldgs Inc's return on assets (ROA)?
Knight-Swift Transn Hldgs Inc (KNX) had a return on assets of 0.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Knight-Swift Transn Hldgs Inc's Altman Z-Score?
Knight-Swift Transn Hldgs Inc (KNX) has an Altman Z-Score of 1.95, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Knight-Swift Transn Hldgs Inc's Piotroski F-Score?
Knight-Swift Transn Hldgs Inc (KNX) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Knight-Swift Transn Hldgs Inc's earnings high quality?
Knight-Swift Transn Hldgs Inc (KNX) has an earnings quality ratio of 6.79x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Knight-Swift Transn Hldgs Inc cover its interest payments?
Knight-Swift Transn Hldgs Inc (KNX) has an interest coverage ratio of 1.4x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Knight-Swift Transn Hldgs Inc?
Knight-Swift Transn Hldgs Inc (KNX) scores 35 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.