Saia, Inc. (SAIA) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SAIA SEC filings page.
Saia, Inc. (SAIA) reported $3.4B in revenue over the twelve months to Jun 30, 2026, up 4.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
Revenue barely advanced in FY2025 while profit and returns fell as heavy reinvestment and rising costs absorbed operating gains.
Revenue increased from$2.9B in FY2023 to$3.2B in FY2025, but the added scale did not lift operating profit proportionally. Operating margin narrowed from16.0% to10.9% , indicating that cost growth absorbed much of the top-line gain rather than expansion translating cleanly into earnings.
FY2024 produced free cash flow of
Total assets nearly doubled from FY2021 to FY2025 while debt-to-equity remained low, indicating expansion was funded primarily through accumulated equity rather than borrowing. The current ratio eased from 2.0x in FY2023 to 1.6x in FY2025, showing that short-term balance-sheet cushion narrowed even as the company remained lightly leveraged.
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Saia, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Saia, Inc. has an operating margin of 10.9%, meaning the company retains $11 of operating profit per $100 of revenue. This strong profitability earns a score of 77/100, reflecting efficient cost management and pricing power. This is down from 15.0% the prior year.
Saia, Inc.'s revenue grew a modest 0.8% year-over-year to $3.2B. This slow but positive growth earns a score of 54/100.
Saia, Inc. carries a low D/E ratio of 0.06, meaning only $0.06 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 73/100, indicating a strong balance sheet with room for future borrowing.
Saia, Inc.'s current ratio of 1.64 indicates adequate short-term liquidity, earning a score of 47/100. The company can meet its near-term obligations, though with limited headroom.
While Saia, Inc. generated $595.0M in operating cash flow, capex of $567.6M consumed most of it, leaving $27.3M in free cash flow. This results in a low score of 19/100, reflecting heavy capital investment rather than weak cash generation.
Saia, Inc. earns a strong 9.9% return on equity (ROE), meaning it generates $10 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 79/100. This is down from 15.7% the prior year.
Saia, Inc. scores 8.14, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($8.9B) relative to total liabilities ($905.0M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Saia, Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Saia, Inc. generates $2.33 in operating cash flow ($595.0M OCF vs $255.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Saia, Inc. earns $21.42 in operating income for every $1 of interest expense ($352.2M vs $16.4M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Saia, Inc. generated $956.5M in revenue in Q2 2026. This represents an increase of 17.1% from the same quarter a year earlier. Against the prior quarter it is up 18.6%.
Saia, Inc.'s EBITDA was $189.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 16.9% from the same quarter a year earlier. Against the prior quarter it is up 46.8%.
Saia, Inc. reported $94.3M in net income in Q2 2026. This represents an increase of 32.0% from the same quarter a year earlier. Against the prior quarter it is up 89.0%.
Saia, Inc. earned $3.51 per diluted share (EPS) in Q2 2026. This represents an increase of 31.5% from the same quarter a year earlier. Against the prior quarter it is up 88.7%.
Cash & Balance Sheet
Saia, Inc. generated $56.6M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 1549.2% from the same quarter a year earlier. Against the prior quarter it is down 22.9%.
Saia, Inc. held $84.0M in cash against $100.0M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Saia, Inc.'s operating margin was 13.1% in Q2 2026, reflecting core business profitability. This is up 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.8 percentage points.
Saia, Inc.'s net profit margin was 9.8% in Q2 2026, showing the share of revenue converted to profit. This is up 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.7 percentage points.
Saia, Inc.'s ROE was 3.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.6 percentage points.
Not reported for Q2 2026.
Capital Allocation
Saia, Inc. invested $94.9M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 45.6% from the same quarter a year earlier. Against the prior quarter it is up 43.6%.
Not reported for Q2 2026.
Not reported for Q2 2026.
SAIA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $956.5M+17.1% | $806.2M+2.4% | $790.0M+0.1% | $839.6M-0.3% | $817.1M-0.7% | $787.6M+4.3% | $789.0M+5.0% | $842.1M+8.6% |
| SG&A Expenses | $434.4M+11.1% | $393.3M+1.0% | $398.5M+6.1% | $401.1M+0.7% | $391.0M+5.0% | $389.3M+13.9% | $375.8M+8.7% | $398.1M+15.5% |
| Operating Income | $125.2M+26.0% | $66.8M-4.8% | $64.0M-36.9% | $118.6M-5.2% | $99.4M-27.8% | $70.2M-40.5% | $101.5M-9.9% | $125.2M-2.5% |
| EBITDA | $189.4M+16.9% | $129.0M-0.2% | $127.0M-18.4% | $182.6M+1.6% | $161.9M-14.8% | $129.2M-22.5% | $155.5M-1.8% | $179.8M+3.3% |
| Interest Expense | $2.0M-56.8% | $2.6M-39.9% | $2.9M-1.5% | $4.5M+49.6% | $4.7M+96.6% | $4.3M+690.6% | $3.0M+218.6% | $3.0M+560.1% |
| Income Tax | $31.2M+29.1% | $15.2M-3.7% | $13.9M-38.7% | $28.5M-4.8% | $24.2M-27.0% | $15.8M-44.2% | $22.7M-14.0% | $29.9M-6.6% |
| Net Income | $94.3M+32.0% | $49.9M+0.1% | $47.5M-37.6% | $86.3M-6.9% | $71.4M-30.4% | $49.8M-45.1% | $76.1M-14.7% | $92.7M-5.6% |
| EPS (Basic) | $3.52+31.8% | $1.860.0% | $1.78-37.5% | $3.23-6.9% | $2.67-30.5% | $1.86-45.3% | $2.85-14.7% | $3.47-6.0% |
| EPS (Diluted) | $3.51+31.5% | $1.860.0% | $1.77-37.5% | $3.22-6.9% | $2.67-30.3% | $1.86-45.0% | $2.83-15.0% | $3.46-5.7% |
| Diluted Shares (Avg) | 27M+0.2% | 27M+0.1% | N/A | 27M0.0% | 27M-0.1% | 27M0.0% | N/A | 27M0.0% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
SAIA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.7B+7.7% | $3.6B+5.9% | $3.5B+10.0% | $3.5B+13.6% | $3.5B+16.9% | $3.4B+21.7% | $3.2B+22.6% | $3.1B+24.0% |
| Current Assets | $587.6M+30.3% | $499.4M+6.3% | $434.6M-0.3% | $497.0M+13.6% | $451.1M+1.1% | $469.6M+12.8% | $435.8M-32.8% | $437.3M-32.3% |
| Cash & Equivalents | $84.0M+346.0% | $39.2M+136.9% | $19.7M+1.3% | $35.5M+146.4% | $18.8M+68.7% | $16.5M+34.3% | $19.5M-93.4% | $14.4M-94.2% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $423.8M+22.1% | $377.0M+7.4% | $332.2M+2.9% | $365.3M-1.9% | $347.2M-7.6% | $351.1M+1.5% | $323.0M+3.6% | $372.4M+7.6% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | N/A | N/A | $12.1M0.0% | N/A | N/A | N/A | $12.1M0.0% | N/A |
| Total Liabilities | $998.2M-2.2% | $937.4M-6.7% | $905.0M+5.8% | $974.9M+14.6% | $1.0B+24.4% | $1.0B+36.4% | $855.6M+33.3% | $850.6M+33.8% |
| Current Liabilities | $370.9M+22.5% | $328.5M+0.2% | $265.4M-4.7% | $295.9M-14.6% | $302.8M-7.6% | $327.7M-3.0% | $278.4M-13.6% | $346.7M+15.9% |
| Non-Current Liabilities | $627.3M-12.7% | $608.9M-10.1% | $639.6M+10.8% | $679.0M+34.7% | $718.4M+45.7% | $677.1M+69.7% | $577.2M+80.4% | $504.0M+49.7% |
| Long-Term Debt | $100.0M-67.4% | $112.0M-61.6% | $163.0M-16.4% | $218.0M+18.3% | $307.1M+81.6% | $291.8M+281.1% | $195.0M+2987.6% | $184.2M+2213.2% |
| Total Equity | $2.7B+11.9% | $2.6B+11.3% | $2.6B+11.5% | $2.5B+13.2% | $2.4B+14.1% | $2.4B+16.3% | $2.3B+19.0% | $2.2B+20.7% |
| Retained Earnings | $2.4B+13.0% | $2.3B+12.3% | $2.3B+12.6% | $2.2B+14.6% | $2.1B+15.6% | $2.1B+18.3% | $2.0B+21.8% | $1.9B+23.9% |
Not reported in any period shown, so not listed: Inventory.
SAIA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $151.6M-11.2% | $139.6M+28.0% | $137.3M-16.7% | $177.8M-2.1% | $170.7M+30.6% | $109.1M+2.4% | $164.7M+1.9% | $181.7M+45.5% |
| Depreciation & Amortization | $64.2M+2.6% | $62.2M+5.3% | $62.9M+16.4% | $64.0M+17.2% | $62.5M+19.1% | $59.0M+20.9% | $54.1M+18.3% | $54.7M+19.8% |
| Capital Expenditures | $94.9M-45.6% | $66.1M-67.4% | $99.8M-40.7% | $90.3M-53.3% | $174.7M-22.3% | $202.9M-55.6% | $168.3M+69.4% | $193.4M+70.4% |
| Free Cash Flow | $56.6M+1549.2% | $73.5M+178.4% | $37.5M+1166.1% | $87.6M+851.0% | -$3.9M+95.8% | -$93.8M+73.2% | -$3.5M-105.6% | -$11.7M-202.7% |
| Investing Cash Flow | -$94.3M+48.2% | -$63.7M+68.5% | -$98.0M+41.5% | -$70.5M+63.3% | -$181.9M+19.0% | -$202.1M+55.3% | -$167.6M-50.1% | -$191.9M-73.7% |
| Financing Cash Flow | -$12.5M-192.6% | -$56.5M-162.7% | -$55.0M-790.7% | -$90.7M-773.6% | $13.5M-85.5% | $90.1M+46.6% | $8.0M+362.5% | $13.5M+16319.3% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.
SAIA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 13.1%+0.9pp | 8.3%-0.6pp | 8.1%-4.8pp | 14.1%-0.7pp | 12.2%-4.5pp | 8.9%-6.7pp | 12.9%-2.1pp | 14.9%-1.7pp |
| Net Margin | 9.8%+1.1pp | 6.2%-0.1pp | 6.0%-3.6pp | 10.3%-0.7pp | 8.7%-3.7pp | 6.3%-5.7pp | 9.7%-2.2pp | 11.0%-1.7pp |
| Return on Equity | 3.5%+0.5pp | 1.9%-0.2pp | 1.8%-1.4pp | 3.4%-0.7pp | 2.9%-1.9pp | 2.1%-2.4pp | 3.3%-1.3pp | 4.2%-1.2pp |
| Return on Assets | 2.5%+0.5pp | 1.4%-0.1pp | 1.4%-1.0pp | 2.5%-0.5pp | 2.1%-1.4pp | 1.5%-1.8pp | 2.4%-1.1pp | 3.0%-0.9pp |
| Current Ratio | 1.58+0.1x | 1.52+0.1x | 1.64+0.1x | 1.68+0.4x | 1.49+0.1x | 1.43+0.2x | 1.57-0.4x | 1.26-0.9x |
| Debt-to-Equity | 0.04-0.1x | 0.04-0.1x | 0.060.0x | 0.090.0x | 0.130.0x | 0.12+0.1x | 0.08+0.1x | 0.08+0.1x |
| Asset Turnover | 0.260.0x | 0.230.0x | 0.230.0x | 0.240.0x | 0.240.0x | 0.230.0x | 0.250.0x | 0.270.0x |
| FCF Margin | 5.9%+6.4pp | 9.1%+21.0pp | 4.7%+5.2pp | 10.4%+11.8pp | -0.5%+10.9pp | -11.9%+34.6pp | -0.4%-8.8pp | -1.4%-2.8pp |
Not reported in any period shown, so not listed: Gross Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Saia, Inc. SAIA | FY2025 | $3.2B | $255.0M | 7.9% | $8.9B | 58/100 |
| Knight-Swift Transportation Holdings Inc. KNX | FY2025 | $7.5B | $65.9M | 0.9% | $10.5B | 29/100 |
| TFI International Inc. TFII | FY2025 | $7.9B | $310.6M | 3.9% | $9.4B | 33/100 |
| Schneider National, Inc. SNDR | FY2025 | $5.7B | $103.6M | 1.8% | $5.5B | 51/100 |
| RXO, Inc. RXO | FY2025 | $5.7B | -$100.0M | -1.7% | $4.7B | 33/100 |
| XPO, Inc. XPO | FY2025 | $8.2B | $316.0M | 3.9% | $21.5B | 39/100 |
Where Saia, Inc. Ranks
Frequently Asked Questions
What is Saia, Inc.'s annual revenue?
Saia, Inc. (SAIA) reported $3.2B in total revenue for fiscal year 2025. This represents a 0.8% 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 Saia, Inc.'s revenue growing?
Saia, Inc. (SAIA) revenue grew by 0.8% year-over-year, from $3.2B to $3.2B in fiscal year 2025.
Is Saia, Inc. profitable?
Yes, Saia, Inc. (SAIA) reported a net income of $255.0M in fiscal year 2025, with a net profit margin of 7.9%.
What is Saia, Inc.'s EBITDA?
Saia, Inc. (SAIA) had EBITDA of $600.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Saia, Inc. have?
As of fiscal year 2025, Saia, Inc. (SAIA) had $19.7M in cash and equivalents against $163.0M in long-term debt.
What is Saia, Inc.'s operating margin?
Saia, Inc. (SAIA) had an operating margin of 10.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Saia, Inc.'s net profit margin?
Saia, Inc. (SAIA) had a net profit margin of 7.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Saia, Inc.'s return on equity (ROE)?
Saia, Inc. (SAIA) has a return on equity of 9.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Saia, Inc.'s free cash flow?
Saia, Inc. (SAIA) generated $27.3M in free cash flow during fiscal year 2025. This represents a 105.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Saia, Inc.'s operating cash flow?
Saia, Inc. (SAIA) generated $595.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Saia, Inc.'s total assets?
Saia, Inc. (SAIA) had $3.5B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Saia, Inc.'s capital expenditures?
Saia, Inc. (SAIA) invested $567.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Saia, Inc.'s current ratio?
Saia, Inc. (SAIA) had a current ratio of 1.64 as of fiscal year 2025, which is generally considered healthy.
What is Saia, Inc.'s debt-to-equity ratio?
Saia, Inc. (SAIA) had a debt-to-equity ratio of 0.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Saia, Inc.'s return on assets (ROA)?
Saia, Inc. (SAIA) had a return on assets of 7.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Saia, Inc.'s P/E ratio?
Saia, Inc. (SAIA) trades at 32.0x earnings, its market capitalization divided by net income of $278.0M net income, trailing 12 months to June 30, 2026. The market capitalization is $8.9B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Saia, Inc.'s price-to-sales ratio?
Saia, Inc. (SAIA) trades at 2.6x sales, its market capitalization divided by revenue of $3.4B revenue, trailing 12 months to June 30, 2026. The market capitalization is $8.9B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Saia, Inc.'s Altman Z-Score?
Saia, Inc. (SAIA) has an Altman Z-Score of 8.14, placing it in the Safe Zone (low bankruptcy 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 Saia, Inc.'s Piotroski F-Score?
Saia, Inc. (SAIA) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Saia, Inc.'s earnings high quality?
Saia, Inc. (SAIA) has an earnings quality ratio of 2.33x, 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 Saia, Inc. cover its interest payments?
Saia, Inc. (SAIA) has an interest coverage ratio of 21.42x, meaning it can comfortably 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 Saia, Inc.?
Saia, Inc. (SAIA) scores 58 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.