Knight-Swift Transportation Holdings Inc.

KNX Industrials Trucking

Knight-Swift Transportation Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $7.5 billion, up 0.80% from fiscal 2024.

Revenue
+14.2%
EPS
+1,360.0%
Free cash flow
+752.4%
Total debt
−3.78%

Quarter to September 2026, against a year earlier

59.59 2.77 −4.44%
Market cap
$9.7B
P/E
62.7×
Fwd P/E
34.5×
Dividend yield
1.31%
F-score
6/9
Altman Z
2.02
Beneish M
−3.44
Dividend safety
53/100

Knight-Swift Transportation Holdings Inc. (KNX) Operating margin

Alert me on Operating margin

Knight-Swift Transportation Holdings Inc.'s operating margin over the twelve months to 30 September 2026 was 4.23%, up 1.3 percentage points from fiscal 2025 (2.89%). Over the past ten years it has ranged from 2.89% (fiscal 2025) to 16.1% (fiscal 2021) — the current reading is the lowest in ten years. That is above the Trucking industry median of 0.03% and below the Industrials sector median of 5.21%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 2.89% (0.39)
FY2024 3.28% (1.45)
FY2023 4.73% (9.97)
FY2022 14.7% (1.40)
FY2021 16.1% 4.02
FY2020 12.1% 3.26
FY2019 8.82% (1.83)
FY2018 10.7% 2.38
FY2017 8.27% (5.01)
FY2016 13.3% (1.77)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 8.12% 3.12
Jun 2026 5.00% 3.46
Mar 2026 1.54% 0.11
Dec 2025 1.43% (1.18)
43 more quarters

Against its own ten years

Low 2.89% High 16.1%
Ten-year median 10.7%
Current reading's percentile 26

Operating margin against peers

Company Operating margin
ODFL Old Dominion Freight Line, Inc. compare 26.6%
SAIA Saia, Inc. compare 10.7%
XPO XPO, Inc. compare 9.94%
TFII TFI International Inc. compare 7.44%
KNX Knight-Swift Transportation Holdings Inc. 4.23%
SNDR Schneider National, Inc. compare 3.42%
ARCB ArcBest Corporation compare 1.10%
WERN Werner Enterprises, Inc. compare 0.06%
RXO RXO INC compare −0.80%
Trucking industry median 0.03%
Industrials sector median 5.21%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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