Knight Swift Transportation Holdings Inc.

$KNX Market Cap: $9.173 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$7.478B

TTM

Gross Margin

64.62%

TTM

Net Earnings

$37.47M

TTM

Current Assets

$1.438B

Q3 2024

Current Liabilities

$1.430B

Q3 2024

Current Ratio

100.57%

Q3 2024

Total Assets

$12.82B

Q3 2024

Total Liabilities

$5.766B

Q3 2024

Book Value

$7.059B

Q3 2024

Cash

$166.3M

Q3 2024

P/E

244.8

Nov 29, 2024 EST

Free Cash Flow

$1.925M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$7.142B	$7.429B	$5.998B	$4.674B	$4.844B	$5.344B	$2.425B	$1.118B	$1.183B	$4.299B	$4.118B	$3.976B	$3.779B	$2.930B	$2.571B	$3.400B	$2.180B	$3.173B
YoY Change	-3.86%	23.85%	28.33%	-3.51%	-9.36%	120.33%	116.94%	-5.49%	-72.48%	4.38%	3.57%	5.22%	28.99%	13.93%	-24.37%	55.93%	-31.28%	-0.77%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$7.142B	$7.429B	$5.998B	$4.674B	$4.844B	$5.344B	$2.425B	$1.118B	$1.183B	$4.299B	$4.118B	$3.976B	$3.779B	$2.930B	$2.571B	$3.400B	$2.180B	$3.173B
Cost Of Revenue	$2.543B	$2.763B	$2.181B	$1.628B	$1.941B	$2.281B	$1.033B	$439.8M	$480.5M	$2.255B	$2.215B	$2.154B	$2.036B	$1.458B	$1.216B	$1.782B	$1.098B	$1.488B
Gross Profit	$4.599B	$4.665B	$3.817B	$3.046B	$2.903B	$3.063B	$1.392B	$678.2M	$702.5M	$2.044B	$1.904B	$1.822B	$1.743B	$1.472B	$1.356B	$1.618B	$1.082B	$1.685B
Gross Profit Margin	64.4%	62.8%	63.64%	65.16%	59.92%	57.32%	57.4%	60.66%	59.38%	47.54%	46.22%	45.82%	46.13%	50.24%	52.72%	47.59%	49.64%	53.11%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Selling, General & Admin	$3.236B	$2.710B	$2.125B	$1.782B	$1.811B	$1.909B	$868.7M	$377.6M	$376.5M	$1.389B	$1.252B	$1.177B	$1.122B	$952.9M	$914.5M	$1.141B	$751.8M	$1.133B
YoY Change	19.41%	27.56%	19.22%	-1.57%	-5.14%	119.73%	130.06%	0.29%	-72.9%	10.94%	6.34%	4.93%	17.76%	4.2%	-19.87%	51.8%	-33.62%	-9.68%
% of Gross Profit	70.37%	58.1%	55.66%	58.52%	62.38%	62.32%	62.4%	55.68%	53.59%	67.98%	65.78%	64.62%	64.37%	64.74%	67.46%	70.54%	69.47%	67.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$735.1M	$659.8M	$577.9M	$506.7M	$463.0M	$430.1M	$207.1M	$116.2M	$111.0M	$237.9M	$242.8M	$235.8M	$236.4M	$226.8M	$253.5M	$281.6M	$191.0M	$222.4M
YoY Change	11.41%	14.18%	14.06%	9.44%	7.64%	107.67%	78.29%	4.63%	-53.34%	-2.01%	2.99%	-0.25%	4.24%	-10.55%	-9.98%	47.43%	-14.12%	11.31%
% of Gross Profit	15.98%	14.14%	15.14%	16.64%	15.95%	14.04%	14.88%	17.13%	15.8%	11.64%	12.76%	12.94%	13.56%	15.41%	18.7%	17.41%	17.65%	13.2%
Operating Expenses	$4.239B	$3.572B	$2.775B	$12.30M	$4.417B	$4.775B	$2.225B	$969.6M	$1.005B	$3.929B	$3.761B	$3.624B	$3.457B	$2.687B	$1.225B	$1.485B	$981.0M	$1.414B
YoY Change	18.67%	28.74%	22457.8%	-99.72%	-7.51%	114.62%	129.47%	-3.52%	-74.42%	4.45%	3.78%	4.84%	28.67%	119.27%	-17.48%	51.37%	-30.62%	-7.18%
Operating Profit	$360.1M	$1.093B	$965.7M	$564.4M	$427.4M	$569.0M	$200.6M	$148.5M	$178.0M	$370.1M	$357.0M	$351.8M	$322.0M	$243.1M	$130.3M	$133.0M	$101.2M	$271.1M
YoY Change	-67.06%	13.19%	71.09%	32.05%	-24.88%	183.63%	35.12%	-16.58%	-51.9%	3.67%	1.46%	9.25%	32.5%	86.53%	-2.03%	31.42%	-62.67%	40.1%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Interest Expense	-$105.5M	-$45.36M	$21.14M	$17.31M	$29.43M	$30.17M	$8.686M	$897.0K	$998.0K	$80.06M	$99.53M	$122.0M	$150.0M	$251.1M	-$254.3M	-$218.7M	-$164.5M	-$24.90M
YoY Change	132.61%	-314.59%	22.13%	-41.19%	-2.44%	247.34%	868.34%	-10.12%	-98.75%	-19.56%	-18.45%	-18.62%	-40.28%	-198.75%	16.28%	32.95%	560.64%	-11.7%
% of Operating Profit	-29.3%	-4.15%	2.19%	3.07%	6.89%	5.3%	4.33%	0.6%	0.56%	21.63%	27.88%	34.69%	46.57%	103.32%	-195.17%	-164.44%	-162.55%	-9.18%
Other Income/Expense, Net	$37.66M	-$25.96M	$8.938M	-$4.127M	-$13.46M	-$17.01M	-$6.921M	$4.351M	$8.504M	-$119.4M	-$100.6M	-$2.902M	$2.244M	$3.710M	$13.30M	-$31.50M	-$11.30M	$2.400M
YoY Change	-245.08%	-390.42%	-316.57%	-69.34%	-20.84%	145.7%	-259.07%	-48.84%	-107.12%	18.78%	3365.02%	-229.32%	-39.51%	-72.11%	-142.22%	178.76%	-570.83%	-46.67%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Pretax Income	$270.3M	$1.021B	$974.6M	$560.3M	$414.0M	$552.0M	$193.7M	$152.8M	$186.5M	$250.6M	$256.4M	$201.7M	$161.2M	-$168.8M	-$109.0M	-$135.2M	-$330.5M	$221.3M
YoY Change	-73.51%	4.71%	73.95%	35.35%	-25.01%	184.98%	26.75%	-18.06%	-25.58%	-2.25%	27.12%	25.09%	-195.5%	54.9%	-19.38%	-59.09%	-249.34%	34.61%
Income Tax	$54.77M	$249.4M	$230.9M	$149.7M	$103.8M	$131.4M	-$291.7M	$57.59M	$68.05M	$89.47M	$101.0M	$61.61M	$58.49M	-$43.43M	$326.7M	$11.40M	-$234.3M	$80.20M
% Of Pretax Income	20.26%	24.44%	23.69%	26.71%	25.07%	23.8%	-150.59%	37.68%	36.49%	35.7%	39.38%	30.55%	36.28%					36.24%
Net Earnings	$217.1M	$771.3M	$743.4M	$410.0M	$309.2M	$419.3M	$484.3M	$93.86M	$116.7M	$161.2M	$155.4M	$140.1M	$102.7M	-$125.4M	-$435.6M	-$146.6M	-$96.20M	$141.1M
YoY Change	-71.85%	3.76%	81.31%	32.6%	-26.25%	-13.43%	415.96%	-19.58%	-27.57%	3.69%	10.95%	36.34%	-181.93%	-71.21%	197.14%	52.39%	-168.18%	39.56%
Net Earnings / Revenue	3.04%	10.38%	12.39%	8.77%	6.38%	7.85%	19.97%	8.4%	9.87%	3.75%	3.77%	3.52%	2.72%	-4.28%	-16.94%	-4.31%	-4.41%	4.45%
Basic Earnings Per Share	$1.35	$4.75	$4.48	$2.42	$1.80	$2.37	$4.38	$1.17	$1.43	$1.14	$1.11	$1.00	$0.74	-$1.98
Diluted Earnings Per Share	$1.34	$4.726M	$4.45	$2.40	$1.80	$2.36	$4.34	$1.16	$1.42	$1.12	$1.09	$1.00	$0.74	-$1.98	-$8.052M	-$2.710M	-$2.695M	$2.584M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Cash & Short-Term Investments	$168.5M	$196.8M	$261.0M	$156.7M	$159.7M	$82.50M	$76.60M	$8.000M	$107.6M	$105.1M	$59.20M	$53.60M	$82.10M	$47.50M	$115.9M	$57.90M
YoY Change	-14.34%	-24.61%	66.56%	-1.88%	93.58%	7.7%	857.5%	-92.57%	2.38%	77.53%	10.45%	-34.71%	72.84%	-59.02%	100.17%
Cash & Equivalents	$168.5M	$196.8M	$261.0M	$156.7M	$159.7M	$82.50M	$76.60M	$8.000M	$107.6M	$105.1M	$59.20M	$53.60M	$82.10M	$47.50M	$115.9M	$57.90M
Short-Term Investments
Other Short-Term Assets	$586.1M	$395.5M	$241.0M	$185.2M	$194.8M	$201.0M	$203.5M	$31.00M	$135.6M	$124.4M	$206.7M	$262.6M	$228.8M	$164.9M	$119.9M	$67.60M
YoY Change	48.17%	64.1%	30.15%	-4.93%	-3.08%	-1.23%	556.45%	-77.14%	9.0%	-39.82%	-21.29%	14.77%	38.75%	37.53%	77.37%
Inventory									$18.40M	$19.00M	$18.40M	$17.50M	$17.40M	$9.900M	$10.20M	$10.20M
Prepaid Expenses
Receivables	$888.6M	$842.3M	$837.6M	$554.2M	$498.5M	$587.9M	$565.8M	$129.6M	$422.4M	$455.9M	$391.2M	$375.2M	$314.3M	$267.2M	$94.90M	$108.3M
Other Receivables	$65.82M	$58.97M	$74.68M	$27.20M	$37.10M	$35.90M	$77.20M	$21.50M	$21.50M	$51.00M	$58.50M	$33.10M	$25.10M	$22.90M	$13.10M	$12.10M
Total Short-Term Assets	$1.709B	$1.494B	$1.414B	$923.4M	$890.0M	$907.2M	$923.2M	$190.2M	$705.6M	$755.5M	$734.0M	$742.1M	$667.7M	$512.3M	$353.9M	$256.1M
YoY Change	14.42%	5.61%	53.16%	3.75%	-1.9%	-1.73%	385.38%	-73.04%	-6.6%	2.93%	-1.09%	11.14%	30.33%	44.76%	38.19%
Property, Plant & Equipment	$5.101B	$4.027B	$3.703B	$3.106B	$3.020B	$2.613B	$2.384B	$802.9M	$1.651B	$1.542B	$1.448B	$1.398B	$1.300B	$1.340B	$1.365B	$1.583B
YoY Change	26.66%	8.76%	19.22%	2.84%	15.59%	9.59%	196.95%	-51.37%	7.07%	6.51%	3.6%	7.5%	-2.96%	-1.82%	-13.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$152.9M	$134.8M	$192.1M	$126.5M	$73.10M	$51.70M	$36.20M	$32.80M	$26.60M	$41.90M	$57.20M	$65.50M	$68.80M	$59.00M	$107.2M	$100.6M
YoY Change	13.4%	-29.85%	51.88%	73.05%	41.39%	42.82%	10.37%	23.31%	-36.52%	-26.75%	-12.67%	-4.8%	16.61%	-44.96%	6.56%
Total Long-Term Assets	$11.16B	$9.458B	$9.241B	$7.545B	$7.392B	$7.005B	$6.760B	$888.3M	$2.214B	$2.137B	$2.075B	$2.050B	$1.973B	$2.056B	$2.160B	$2.392B
YoY Change	18.01%	2.35%	22.49%	2.07%	5.52%	3.62%	661.03%	-59.88%	3.6%	3.0%	1.22%	3.92%	-4.04%	-4.83%	-9.71%
Total Assets	$12.87B	$10.95B	$10.66B	$8.468B	$8.282B	$7.912B	$7.683B	$1.079B	$2.920B	$2.893B	$2.809B	$2.792B	$2.640B	$2.568B	$2.514B	$2.649B
YoY Change
Accounts Payable	$355.2M	$220.8M	$224.8M	$101.0M	$99.20M	$117.9M	$119.9M	$18.00M	$121.8M	$160.2M	$118.0M	$113.4M	$81.70M	$90.20M	$70.90M	$118.9M
YoY Change	60.82%	-1.78%	122.62%	1.81%	-15.86%	-1.67%	566.11%	-85.22%	-23.97%	35.76%	4.06%	38.8%	-9.42%	27.22%	-40.37%
Accrued Expenses	$530.2M	$289.9M	$380.9M	$297.3M	$365.4M	$278.0M	$293.1M	$41.70M	$97.30M	$97.20M	$110.3M	$107.1M	$95.50M	$69.00M	$92.20M	$88.10M
YoY Change	82.89%	-23.91%	28.13%	-18.64%	31.44%	-5.15%	602.88%	-57.14%	0.1%	-11.88%	2.99%	12.15%	38.41%	-25.16%	4.65%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$459.8M	$71.47M	$262.4M	$52.60M	$377.7M	$58.70M	$49.00M	$0.00	$95.30M	$74.30M	$75.40M	$73.90M	$60.50M	$69.00M	$49.30M	$30.70M
YoY Change	543.33%	-72.77%	398.9%	-86.07%	543.44%	19.8%		-100.0%	28.26%	-1.46%	2.03%	22.15%	-12.32%	39.96%	60.59%
Total Short-Term Liabilities	$1.825B	$894.0M	$1.075B	$839.7M	$993.0M	$614.6M	$609.6M	$78.70M	$398.9M	$420.6M	$384.4M	$383.4M	$316.8M	$326.2M	$370.4M	$426.6M
YoY Change	104.17%	-16.82%	28.0%	-15.44%	61.57%	0.82%	674.59%	-80.27%	-5.16%	9.42%	0.26%	21.02%	-2.88%	-11.93%	-13.17%
Long-Term Debt	$2.224B	$1.831B	$1.832B	$647.2M	$541.1M	$870.4M	$921.9M	$18.00M	$1.290B	$1.421B	$1.528B	$1.564B	$1.710B	$1.708B	$2.420B	$2.466B
YoY Change	21.47%	-0.09%	183.1%	19.61%	-37.83%	-5.59%	5021.67%	-98.6%	-9.23%	-7.01%	-2.29%	-8.57%	0.12%	-29.43%	-1.87%
Other Long-Term Liabilities	$766.0M	$363.9M	$330.2M	$293.2M	$307.5M	$224.6M	$232.5M	$15.10M	$150.2M	$143.7M	$129.1M	$113.3M	$110.5M	$313.3M	$205.3M	$175.2M
YoY Change	110.5%	10.21%	12.6%	-4.65%	36.91%	-3.4%	1439.74%	-89.95%	4.52%	11.31%	13.95%	2.53%	-64.73%	52.61%	17.18%
Total Long-Term Liabilities	$2.990B	$2.194B	$2.162B	$940.4M	$848.6M	$1.095B	$1.154B	$33.10M	$1.440B	$1.564B	$1.657B	$1.677B	$1.821B	$2.021B	$2.626B	$2.642B
YoY Change	36.23%	1.49%	129.94%	10.82%	-22.5%	-5.15%	3387.61%	-97.7%	-7.96%	-5.58%	-1.19%	-7.89%	-9.93%	-23.01%	-0.61%
Total Liabilities	$5.783B	$4.007B	$4.122B	$2.598B	$2.616B	$2.451B	$2.446B	$292.1M	$2.303B	$2.423B	$2.526B	$2.502B	$2.533B	$2.651B	$3.380B	$3.093B
YoY Change	44.34%	-2.81%	58.66%	-0.66%	6.72%	0.21%	737.28%	-87.31%	-4.95%	-4.08%	0.94%	-1.22%	-4.47%	-21.56%	9.28%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	161.2M shares	162.3M shares	165.9M shares	169.7M shares	171.5M shares	177.0M shares	110.7M shares	80.36M shares	81.49M shares	141.4M shares	140.2M shares	139.5M shares	139.2M shares	63.34M shares
Diluted Shares Outstanding	161.8M shares	163.2M shares	167.1M shares	170.5M shares	172.1M shares	178.0M shares	111.7M shares	81.23M shares	82.47M shares	143.5M shares	142.2M shares	139.6M shares	139.7M shares	63.34M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $9.1729 Billion

About Knight-Swift Transportation Holdings Inc.

Knight-Swift Transportation Holdings, Inc. engages in the provision of multiple truckload transportation and logistics services. The company is headquartered in Phoenix, Arizona and currently employs 34,300 full-time employees. The company went IPO on 2010-12-16. The firm provides multiple truckload transportation, less-than-truckload (LTL), logistics, and business services to the shipping and transportation sectors. Its segments include Truckload, LTL, Logistics, and Intermodal. The Truckload services include irregular routes and dedicated, refrigerated, expedited, flatbed, and cross-border transportation of various products, goods, and materials. The LTL segment operates approximately 3,400 tractors and 8,900 trailers and also provides national coverage to its customers by utilizing partner carriers for areas outside its direct network. Its Logistics and Intermodal segments provide a multitude of shipping solutions, including additional sources of truckload capacity and alternative transportation modes, by utilizing its network of third-party capacity providers and rail providers, as well as certain logistics and freight management services.

Industry: Trucking (No Local) Peers: U-Haul Holding Co /NV/ AVIS BUDGET GROUP, INC. XPO, Inc. HERTZ GLOBAL HOLDINGS, INC HUNT J B TRANSPORT SERVICES INC LANDSTAR SYSTEM INC OLD DOMINION FREIGHT LINE, INC. SAIA INC Uber Technologies, Inc