KNX Industrials

Knight-Swift Transportation Holdings Inc.

$62.81+1.87%

Price as of close on Nov 3, 2026 · Financials updated Oct 9, 2026

Basics

Sector: Industrials
Industry: Trucking
Country: United States
Market cap: 10.2B USD
Enterprise value: 12.1B USD
Full-time employees: 37,100

Overall health

Drawback: less profitable than most peersless profitable than peers
Drawback: growing more slowly than most peersgrowing more slowly than peers
Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.21 vs a peer median of 0.64) and less short-term liquidity (current ratio 0.88 vs a peer median of 1.62)higher risk: bigger price swings (beta 1.21 vs peers 0.64) and less liquidity (current ratio 0.88 vs peers 1.62)
About average: valuation

Ranks #1,992 of 2,308 industrials companies (bottom 14%)

See how it ranks against its peers

Worth knowing

Borrowing rising faster than profit. Since 2022: debt +61%, operating profit −80%.
Knight-Swift Transportation's debt grew 61% since 2022 while operating profit changed −80%.
Valuation signals disagree. Cheaper than 64% of peers on free cash flow, but only 22% on earnings.
Relative to its free cash flow, Knight-Swift Transportation looks cheaper than 64% of peers; relative to its earnings, cheaper than only 22%. The valuation score blends the two, so look at which measure fits this business best.
Sales growing faster than profits. Since 2022: revenue +0.6%, operating profit −80%.
Since 2022, Knight-Swift Transportation's revenue changed +0.6% while operating profit fell 80%: costs rose faster than sales.
Cash flow well above reported profit. Free cash flow is 12.7× reported profit.
Free cash flow is 12.7× reported profit. Large non-cash charges, such as depreciation, amortization or stock-based pay, reduce reported profit without using cash.

StockQuotient Score

28/ 100

Oct 5 28 → Nov 4 28

Valuation

Is the price right?

45/100

Moderate

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why

Mixed versus peers:

▲ FCF yield
▼ Earnings yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield0.4%

SEC filings · 12 months to Jun 2026Reported value30% base weight · Z-score -1.14Sector median: 0.0377 · MAD: 0.0294

EBITDA yield8.4%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score 0.35Sector median: 0.0695 · MAD: 0.0425

Free cash flow yield5.3%

Yahoo Finance fallback · SEC cash flow or share count unavailable · trailing 12 months · operating cash flow − capital spendingReported value20% base weight · Z-score 0.44Sector median: 0.0370 · MAD: 0.0370

Other data (not scored)

Book yield68.3%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 0.5027 · MAD: 0.2823

Growth

Is it growing?

22/100

Weak

3/3 inputs reported · High confidence

Since last quarter: ▲ Stronger

12-month revenue up 3.1%

Why

Weaker than most peers on:

▼ EPS growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth-74.0%

SEC filings · 12 months to Jun 2026Outlier capped at sector 5th/95th percentile33% base weight · Z-score -3.05Sector median: 0.0709 · MAD: 0.2481

3-year revenue growth4.2%

SEC filings · 3 years to Jun 2026Reported value33% base weight · Z-score 0.00Sector median: 0.0421 · MAD: 0.0625

Revenue growth4.1%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.04Sector median: 0.0439 · MAD: 0.0766

Profitability

Does it earn well?

21/100

Weak

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ ROA
▼ Operating margin
▼ ROIC

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin2.7%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.99Sector median: 0.0773 · MAD: 0.0507

Return on assets0.4%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -1.14Sector median: 0.0311 · MAD: 0.0241

Return on invested capital1.9%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.93Sector median: 0.0715 · MAD: 0.0558

Other data (not scored)

Gross margin24.3%

Yahoo Finance fallback · SEC figure unavailable or out of date · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.2573 · MAD: 0.1038

Return on equity0.6%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0802 · MAD: 0.0639

Risk

Debt, liquidity, price swings

Higher

Higher relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ Current ratio
▼ Beta

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta1.21

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -2.07Sector median: 0.6440 · MAD: 0.2745

Current ratio0.88×

SEC filings · latest balance sheetReported value33% base weight · Z-score -1.38Sector median: 1.6180 · MAD: 0.5360

Debt / equity0.25×

SEC filings · latest balance sheetReported value33% base weight · Z-score 0.44Sector median: 0.4019 · MAD: 0.3378

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Knight-Swift Transportation

Is Knight-Swift Transportation getting weaker?: Its latest SEC filing (Jul 29, 2026) showed no major changes. Its overall score is unchanged at 28/100 since Oct 28, 2026.
How is Knight-Swift Transportation valued vs its peers?: Priced about in line with its peers. Valuation scores 45/100 against 2,459 industrials peers. Free cash flow yield 5.3% vs a peer median of 3.7% (stronger than 64% of peers).Free cash flow yield 5.3% vs peers 3.7% (stronger than 64% of peers). Earnings yield 0.4% vs a peer median of 3.8% (weaker than 78% of peers).Earnings yield 0.4% vs peers 3.8% (weaker than 78% of peers).
Is Knight-Swift Transportation growing?: More slowly than most of its peers. Growth scores 22/100 against 2,459 industrials peers. Earnings per share growth -74.0% vs a peer median of 7.1% (weaker than 100% of peers).Earnings per share growth -74.0% vs peers 7.1% (weaker than 100% of peers).
How profitable is Knight-Swift Transportation?: Less profitable than most of its peers. Profitability scores 21/100 against 2,459 industrials peers. Return on assets 0.4% vs a peer median of 3.1% (weaker than 80% of peers).Return on assets 0.4% vs peers 3.1% (weaker than 80% of peers).
How risky is Knight-Swift Transportation?: Higher risk relative to 2,459 industrials peers, judged on debt, liquidity and share-price swings. Debt / equity 0.25× vs a peer median of 0.40× (stronger than 63% of peers).Debt / equity 0.25× vs peers 0.40× (stronger than 63% of peers). Current ratio 0.88× vs a peer median of 1.62× (weaker than 90% of peers).Current ratio 0.88× vs peers 1.62× (weaker than 90% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Jul 29, 2026 · compared with the quarter ended Mar 31, 2026

No major changes

	Previous quarter	Latest quarter	Change
Revenue (12 months)	7.5B USD	7.7B USD	+3.1%
Net income (12 months)	34.0M USD	42.9M USD	+26.3%
Operating margin	2.4%	2.7%	+0.3 pts
Debt	1.8B USD	1.8B USD	+1.0%
Cash	222.8M USD	186.1M USD	−16.5%
Shares outstanding	162.5M	162.8M	+0.2%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Sector: Industrials · 318 companies

Valuations in Industrials are near the top of their range since 2016.

85% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +20% and earnings +14% (medians): prices and earnings moved broadly together.
Median price-to-sales is −24% vs the whole market, against a usual −31%.

2016Shaded: most expensive fifth of its range2026

Shown for Industrials: too few Trucking companies have a long enough history of their own.

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Operating margin	16.1%	14.7%	4.7%	3.3%	2.9%	▼ 0.4 pts
Net margin	12.4%	10.4%	3.0%	1.6%	0.9%	▼ 0.7 pts
Return on assets (ROA)	7.0%	7.0%	1.7%	0.9%	0.6%	▼ 0.4 pts
Return on equity (ROE)	11.4%	11.1%	3.1%	1.7%	0.9%	▼ 0.7 pts
Free cash flow margin	19.8%	19.3%	16.3%	10.8%	16.9%	▲ 6.2 pts
Current ratio	1.32×	1.67×	0.94×	0.85×	0.86×	▲ 1.4%
Debt to equity	0.23×	0.16×	0.23×	0.26×	0.25×	▼ 4.1%
Interest coverage	45.68×	21.49×	2.66×	1.42×	1.34×	▼ 6.1%

KNX price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Overall health

Drawback: less profitable than most peersless profitable than peers

Drawback: growing more slowly than most peersgrowing more slowly than peers

Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.21 vs a peer median of 0.64) and less short-term liquidity (current ratio 0.88 vs a peer median of 1.62)higher risk: bigger price swings (beta 1.21 vs peers 0.64) and less liquidity (current ratio 0.88 vs peers 1.62)

About average: valuation

Ranks #1,992 of 2,308 industrials companies (bottom 14%)

See how it ranks against its peers

Worth knowing

Borrowing rising faster than profit. Since 2022: debt +61%, operating profit −80%.

Knight-Swift Transportation's debt grew 61% since 2022 while operating profit changed −80%.

Valuation signals disagree. Cheaper than 64% of peers on free cash flow, but only 22% on earnings.

Relative to its free cash flow, Knight-Swift Transportation looks cheaper than 64% of peers; relative to its earnings, cheaper than only 22%. The valuation score blends the two, so look at which measure fits this business best.

Sales growing faster than profits. Since 2022: revenue +0.6%, operating profit −80%.

Since 2022, Knight-Swift Transportation's revenue changed +0.6% while operating profit fell 80%: costs rose faster than sales.

Cash flow well above reported profit. Free cash flow is 12.7× reported profit.

Free cash flow is 12.7× reported profit. Large non-cash charges, such as depreciation, amortization or stock-based pay, reduce reported profit without using cash.

Questions investors ask about Knight-Swift Transportation

Is Knight-Swift Transportation getting weaker?

Its latest SEC filing (Jul 29, 2026) showed no major changes. Its overall score is unchanged at 28/100 since Oct 28, 2026.

How is Knight-Swift Transportation valued vs its peers?

Priced about in line with its peers. Valuation scores 45/100 against 2,459 industrials peers. Free cash flow yield 5.3% vs a peer median of 3.7% (stronger than 64% of peers).Free cash flow yield 5.3% vs peers 3.7% (stronger than 64% of peers). Earnings yield 0.4% vs a peer median of 3.8% (weaker than 78% of peers).Earnings yield 0.4% vs peers 3.8% (weaker than 78% of peers).

Is Knight-Swift Transportation growing?

More slowly than most of its peers. Growth scores 22/100 against 2,459 industrials peers. Earnings per share growth -74.0% vs a peer median of 7.1% (weaker than 100% of peers).Earnings per share growth -74.0% vs peers 7.1% (weaker than 100% of peers).

How profitable is Knight-Swift Transportation?

Less profitable than most of its peers. Profitability scores 21/100 against 2,459 industrials peers. Return on assets 0.4% vs a peer median of 3.1% (weaker than 80% of peers).Return on assets 0.4% vs peers 3.1% (weaker than 80% of peers).

How risky is Knight-Swift Transportation?

Higher risk relative to 2,459 industrials peers, judged on debt, liquidity and share-price swings. Debt / equity 0.25× vs a peer median of 0.40× (stronger than 63% of peers).Debt / equity 0.25× vs peers 0.40× (stronger than 63% of peers). Current ratio 0.88× vs a peer median of 1.62× (weaker than 90% of peers).Current ratio 0.88× vs peers 1.62× (weaker than 90% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

7.5B USD

7.7B USD

+3.1%

Net income (12 months)

34.0M USD

42.9M USD

+26.3%

Operating margin

2.4%

2.7%

+0.3 pts

Debt

1.8B USD

1.8B USD

+1.0%

Cash

222.8M USD

186.1M USD

−16.5%

Shares outstanding

162.5M

162.8M

+0.2%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Operating margin

16.1%

14.7%

4.7%

3.3%

2.9%

▼ 0.4 pts

Net margin

12.4%

10.4%

3.0%

1.6%

0.9%

▼ 0.7 pts

Return on assets (ROA)

7.0%

1.7%

0.9%

0.6%

▼ 0.4 pts

Return on equity (ROE)

11.4%

11.1%

3.1%

1.7%

0.9%

▼ 0.7 pts

Free cash flow margin

19.8%

19.3%

16.3%

10.8%

16.9%

▲ 6.2 pts

Current ratio

1.32×

1.67×

0.94×

0.85×

0.86×

▲ 1.4%

Debt to equity

0.23×

0.16×

0.23×

0.26×

0.25×

▼ 4.1%

Interest coverage

45.68×

21.49×

2.66×

1.42×

1.34×

▼ 6.1%