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Knight-Swift Transportation Holdings Inc Class A KNX

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Stock XNYS Rating as of
$73.01 −4.33 (5.60%)
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As of Delayed Price Closed

Company Report

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Weather and Claims Pressure Knight's First-Quarter Margins; Pricing Turns

Matthew Young

Before its 2017 merger with Swift Transportation, Knight Transportation was the 12th-largest full-truckload carrier in the United States, with a long history of exceptional execution, including average returns on invested capital in the low teens—an unusual accomplishment in trucking. Knight's long-standing focus on network efficiency has served it well; its legacy operating ratio (expenses/revenue, excluding fuel) averaged in the mid-80s before the Swift deal versus an industry average that traditionally exceeds 90%.

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Price vs Fair Value

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KNX is trading at a 747% premium.
Price
$73.01
Fair Value
$96.82
Uncertainty
Dwzrh
1-Star Price
$12.81
5-Star Price
$21.91
Economic Moat
Rsns
Capital Allocation
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Bulls Say, Bears Say

Bulls

The legacy Knight truckload operations historically ranked among the most efficient and profitable carriers in trucking, with an average OR in the mid-80s before the Swift merger.

Bears

While industrial end markets appear to be improving, economic fallout from US tariffs or an oil price shock could restrict demand recovery in 2026.

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News

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Trading Information

Previous Close Price
$77.34
Day Range
$72.69–77.28
52-Week Range
$38.63–82.86
Bid/Ask
$71.11 / $77.00
Shares Outstanding
162.49M
Market Cap
$11.86B
Volume/Avg
9M / 4M

Key Statistics

Price/Earnings (Normalized)
76.21
Price/Sales
1.77
Dividend Yield (Trailing)
0.93%
Dividend Yield (Forward)
0.98%
Total Yield
0.93%

Company Profile

Knight-Swift Transportation is the largest full-truckload carrier in the US, with a diversified transportation offering. Roughly 82% of revenue derives from Knight’s asset-based trucking business, with full truckload (for-hire dry van, refrigerated, and dedicated contract) making up 63% and less than truckload 19%. Truck brokerage and other asset-light logistics services make up 8% of revenue, with intermodal near 5%. Knight's intermodal operations use the Class I railroads for the underlying movement of its shipping containers and include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue is from services offered to shippers and third-party truckers, including equipment maintenance and leasing.
Sector
Industrials
Industry
Trucking
Stock Style Box
Small Growth
Total Number of Employees
37,100
Website
https://www.knight-swift.com

Competitors

Valuation

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Metric
KNX
XPO
ODFL
Price/Earnings (Normalized)
 76.2156.9451.41
Price/Book Value
 1.8814.4911.63
Price/Sales
 1.773.279.48
Price/Cash Flow
 12.4425.2537.12
Price/Earnings
KNX
XPO
ODFL

Financial Strength

Metric
KNX
XPO
ODFL
Quick Ratio
 0.510.831.44
Current Ratio
 0.700.991.57
Interest Coverage
 1.293.182,253.24
Quick Ratio
KNX
XPO
ODFL

Profitability

Metric
KNX
XPO
ODFL
Return on Assets (Normalized)
 1.41%5.90%18.17%
Return on Equity (Normalized)
 2.45%26.76%23.46%
Return on Invested Capital (Normalized)
 2.67%10.84%22.97%
Return on Assets
KNX
XPO
ODFL

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