KNX Knight-Swift Transportation Holdings Inc.
NYSE · Road & Rail · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Jul 29, 2026KNX Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
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| Ex-date | Split | Type |
|---|---|---|
| Dec. 27, 2005 | 3-for-2 | Forward |
| July 21, 2004 | 3-for-2 | Forward |
| Dec. 31, 2001 | 3-for-2 | Forward |
| June 4, 2001 | 3-for-2 | Forward |
| May 19, 1998 | 3-for-2 | Forward |
About Knight-Swift Transportation Holdings Inc. Company overview from Wikipedia
Knight-Swift Transportation Holdings Inc. (referred to as Knight-Swift) is a publicly traded American motor carrier holding company based in Phoenix, Arizona. The company's primary subsidiaries are truckload carriers Knight Transportation, Swift Transportation, Midnite Express and, since July 2021, less than truckload (LTL) carrier AAA Cooper. Knight-Swift has continued to grow through acquisitions including its 2023 purchase of major truckload carrier U.S. Xpress.
History
Knight Transportation was founded in 1990 by four cousins: brothers Randy and Gary Knight, and brothers Kevin and Keith Knight. The four cousins worked for Swift Transportation, also based in Phoenix, and Randy was even a part-owner in Swift when Jerry Moyes bought out his interest. The Moyes family and the Knight family both were raised in Plain City, Utah, before moving to Phoenix in the late 1960s.
Knight began transporting general commodities from Phoenix, Arizona, to Los Angeles, California. Starting with just a handful of trucks and one service center in Phoenix, Arizona, the company now runs a fleet of over 4,000 trucks and more than 8,700 trailers (dry, refrigerated, and brokerage). Revenues have grown from over 13 million in 1991 to over $866 million in 2011, with operating ratios at or near 80% year after year. They have grown from a few associates to more than 4,000, and from a family-owned business to a publicly held company trading on the New York Stock Exchange (KNX) in 1994.
In 2017, Knight Transportation merged with Swift Transportation and Knight-Swift Transportation Holdings Inc. was formed to serve as the parent company for both carriers.
In 2019, Knight-Swift settled a $100 million class-action lawsuit alleging the company failed to classify 20,000 owner-operator drivers as employees. Drivers were not paid the minimum hourly wage in accordance with the Fair Labor Standards Act and had their rights violated under the forced labor statute. The lawsuit from March 11, 2009 is entitled Van Dusen, et al. v. Swift Transportation Co. of Arizona, LLC, et al.. The deadline for claimants to file was December 14, 2019.
Knight-Swift expanded from its core truckload market into less than truckload (LTL) freight in July 2021 when it acquired southeastern regional LTL firm AAA Cooper Transportation for US$1.35 billion.
Further acquisitions have expanded Knight-Swift's footprint in LTL including its January 2022 acquisition of Midwest Motor Express and July 2024 purchase of Los Angeles-based Dependable Highway Express, Inc. from Dependable Supply Chain Services. In July 2023 Knight-Swift acquired truckload carrier U.S. Xpress.
Business
Knight engages in the transportation of general commodities in the United States. It provides asset-based dry van truckload and temperature controlled truckload carrier services primarily to short to medium lengths of haul. The company also offers non-asset-based brokerage services. As of 2022, the company operates 41 service centers (31 in the USA, 11 in Mexico), 5 secured yards in Canada, and Swift Truckload centers in housing dry vans, flatbed, refrigerated, and cross-border services.
Knight-Swift is ranked 66th in pay for drivers among major trucking companies. In 2022, Knight-Swift announced plans for using autonomous vehicles in its trucking lines, through a partnership with Embark Technology.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | KNX | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 256.85Y avg ≈53.6 | ≈53.6 | 47.9 | Overvalued | |
| P/S (TTM) | 1.45Y avg ≈1.2 | ≈1.2 | 1.6 | Fair value | |
| P/B (MRQ) | 1.65Y avg ≈1.2 | ≈1.2 | 4.1 | Undervalued | |
| Price / Cash Flow | 8.65Y avg ≈7.8 | ≈7.8 | 14.6 | Undervalued | |
| Price / Tangible Book (MRQ) | 2.15Y avg ≈7.0 | ≈7.0 | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | KNX | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Operating Margin (TTM) | 2.7%5Y avg ≈8.3% | ≈8.3% | 7.4% | Weak | |
| EBITDA Margin (TTM) | 12.9%5Y avg ≈18.4% | ≈18.4% | 9.5% | Weak | |
| Pretax Margin (TTM) | 0.92%5Y avg ≈7.4% | ≈7.4% | 6.2% | Weak | |
| Net Profit Margin (TTM) | 0.56%5Y avg ≈5.7% | ≈5.7% | 4.6% | Weak | |
| ROA (TTM) | 0.35%5Y avg ≈3.6% | ≈3.6% | 3.5% | Weak | |
| ROE (TTM) | 0.61%5Y avg ≈5.8% | ≈5.8% | 11.6% | Weak | |
| ROIC | 2.1%5Y avg ≈6.3% | ≈6.3% | 9.3% | Weak |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | KNX | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Current Ratio (MRQ) | 0.95Y avg ≈1.1 | ≈1.1 | 1.3 | Low liquidity | |
| Quick Ratio | 0.55Y avg ≈0.8 | ≈0.8 | 1.2 | Low liquidity |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | KNX | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 0.80%5Y avg ≈10.6% | ≈10.6% | · | · | |
| Revenue CAGR 3Y | 0.18%5Y avg ≈7.6% | ≈7.6% | · | · | |
| Revenue CAGR 5Y | 9.8% | · | · | · | |
| EPS YoY | -43.8%5Y avg ≈-13.9% | ≈-13.9% | · | · | |
| Net Income YoY | -43.9%5Y avg ≈-15.3% | ≈-15.3% | · | · | |
| EPS CAGR 3Y | -55.7%5Y avg ≈-39.6% | ≈-39.6% | · | · | |
| EPS CAGR 5Y | -29.8% | · | · | · | |
| Net Income CAGR 3Y | -56.0%5Y avg ≈-40.3% | ≈-40.3% | · | · | |
| Net Income CAGR 5Y | -30.6% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | KNX | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.65Y avg ≈0.6 | ≈0.6 | 1.0 | Weak | |
| Receivables Turnover | 13.55Y avg ≈9.4 | ≈9.4 | 9.6 | Top tier | |
| Revenue / Employee | ≈$201.3K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Sep 4, 2026 | $0.20 | USD | ≈1.1% |
| Jun 8, 2026 | $0.20 | USD | ≈0.94% |
| Mar 6, 2026 | $0.20 | USD | ≈1.3% |
| Dec 5, 2025 | $0.18 | USD | ≈1.4% |
| Sep 5, 2025 | $0.18 | USD | ≈1.6% |
| Jun 9, 2025 | $0.18 | USD | ≈1.5% |
| Mar 7, 2025 | $0.18 | USD | ≈1.4% |
| Dec 6, 2024 | $0.16 | USD | ≈1.2% |
| Sep 6, 2024 | $0.16 | USD | ≈1.2% |
| Jun 10, 2024 | $0.16 | USD | ≈1.2% |
| Mar 7, 2024 | $0.16 | USD | ≈1.0% |
| Dec 7, 2023 | $0.14 | USD | ≈0.99% |
| Sep 7, 2023 | $0.14 | USD | ≈1.0% |
| Jun 8, 2023 | $0.14 | USD | ≈0.91% |
| Mar 2, 2023 | $0.14 | USD | ≈0.86% |
| Dec 2, 2022 | $0.12 | USD | ≈0.85% |
| Sep 1, 2022 | $0.12 | USD | ≈0.90% |
| Jun 9, 2022 | $0.12 | USD | ≈0.94% |
| Mar 3, 2022 | $0.12 | USD | ≈0.77% |
| Dec 2, 2021 | $0.10 | USD | ≈0.67% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Jul 21, 2026 | $0.63 | $0.51 | 23.2% |
| March 31, 2026 | $0.09 | $0.20 | -56.1% | |
| Dec. 31, 2025 | $0.31 | $0.36 | -14.2% | |
| Sept. 30, 2025 | $0.32 | $0.37 | -13.4% | |
| June 30, 2025 | $0.35 | $0.34 | 4.0% | |
| March 31, 2025 | $0.28 | $0.26 | 8.2% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.47B | $7.41B | $7.14B | $7.43B | $6.00B | $4.67B | $4.84B | $5.34B | $2.43B | $1.12B | $1.18B | $4.30B | |
| Operating Expenses | $7.25B | $7.17B | $6.80B | $6.34B | $5.03B | $4.11B | $4.42B | $4.78B | $2.22B | $970M | $1.00B | $3.93B | |
| Operating Income | $216M | $243M | $338M | $1.09B | $966M | $564M | $427M | $569M | $201M | $148M | $178M | $370M | |
| Interest Expense | · | · | $127M | $51M | $21M | $17M | $29M | $30M | $9M | $897.0K | $998.0K | $80M | |
| Interest Income | $11M | $17M | $22M | $5M | $1M | $2M | $4M | $3M | $1M | $309.0K | $460.0K | $3M | |
| Other Non-op | $30M | $60M | $38M | $-26M | $29M | $11M | $12M | $10M | $558.0K | $5M | $9M | $4M | |
| Pretax Income | $95M | $149M | $270M | $1.02B | $975M | $560M | $414M | $552M | $194M | $153M | $187M | $251M | |
| Income Tax | $30M | $33M | $55M | $249M | $231M | $150M | $104M | $131M | $-292M | $58M | $68M | $89M | |
| Net Income | $66M | $118M | $217M | $771M | $743M | $410M | $309M | $419M | $484M | $94M | $117M | $161M | |
| EPS (Basic) | $0.41 | $0.73 | $1.35 | $4.75 | $4.48 | $2.42 | $1.80 | $2.37 | $4.38 | $1.17 | $1.43 | $1.14 | |
| EPS (Diluted) | $0.41 | $0.73 | $1.34 | $4.73 | $4.45 | $2.40 | $1.80 | $2.36 | $4.34 | $1.16 | $1.42 | $1.12 | |
| Shares (Basic) | 162,188,000 | 161,738,000 | 161,188,000 | 162,260,000 | 165,860,000 | 169,711,000 | 171,541,000 | 177,018,000 | 110,657,000 | 80,362,000 | 81,491,000 | 141,431,000 | |
| Shares (Diluted) | 162,611,000 | 162,173,000 | 161,826,000 | 163,211,000 | 167,060,000 | 170,549,000 | 172,142,000 | 177,999,000 | 111,697,000 | 81,228,000 | 82,467,000 | 143,475,000 | |
| EBITDA | $1.00B | $1.04B | $1.07B | $1.75B | $1.54B | $1.07B | $890M | $999M | $408M | $526M | $639M | $608M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $220M | $218M | $169M | $197M | $261M | $157M | $160M | $82M | $77M | $8M | $9M | $17M | |
| Receivables | $305M | $804M | $889M | $842M | $911M | $578M | $519M | $601M | $574M | $134M | $422M | $479M | |
| Prepaid Expense | $114M | $123M | $149M | $108M | $91M | $72M | $62M | $67M | $59M | $13M | $48M | $51M | |
| Other Current Assets | $37M | $29M | $44M | $38M | $26M | $21M | $28M | $30M | $38M | · | · | · | |
| Current Assets | $888M | $1.45B | $1.71B | $1.49B | $1.41B | $923M | $890M | $907M | $923M | $190M | $706M | $756M | |
| PP&E (Net) | $4.72B | $4.70B | $4.62B | $3.84B | $3.56B | $2.99B | $2.85B | $2.61B | $2.38B | $803M | $1.65B | $1.54B | |
| PP&E (Gross) | $7.38B | $7.10B | $6.72B | $5.74B | $5.12B | $4.22B | $3.74B | $3.31B | $2.85B | $1.15B | $2.78B | $2.52B | |
| Accum. Depreciation | $2.66B | $2.40B | $2.10B | $1.91B | $1.56B | $1.23B | $892M | $693M | $463M | $349M | $1.13B | $978M | |
| Goodwill | $3.93B | $3.96B | $3.85B | $3.52B | $3.52B | $2.92B | $2.92B | $2.92B | $2.89B | $47M | $253M | $253M | |
| Intangibles | $1.94B | $2.06B | $2.06B | $1.78B | $1.83B | $1.39B | $1.38B | $1.42B | $1.44B | $3M | $283M | $300M | |
| Other Non-current Assets | $165M | $154M | $153M | $135M | $192M | $126M | $73M | $52M | $47M | $33M | $27M | $42M | |
| Total Assets | $11.96B | $12.70B | $12.87B | $10.95B | $10.66B | $8.47B | $8.28B | $7.91B | $7.68B | $1.08B | $2.92B | $2.89B | |
| Accounts Payable | $201M | $330M | $355M | $221M | $225M | $101M | $99M | $118M | $120M | $18M | $122M | $160M | |
| Accrued Liabilities | $67M | $64M | $220M | $82M | $129M | $89M | $175M | $152M | $186M | $17M | $97M | $99M | |
| Current Liabilities | $1.03B | $1.71B | $1.83B | $894M | $1.07B | $840M | $993M | $615M | $610M | $79M | $399M | $421M | |
| Capital Leases | $208M | $275M | $371M | $150M | $108M | $70M | $96M | $71M | $127M | $0 | $222M | $158M | |
| Deferred Tax | $904M | $920M | $952M | $908M | $875M | $816M | $772M | $740M | $679M | $178M | · | $481M | |
| Other Non-current Liabilities | $205M | $210M | $79M | $12M | $12M | $48M | $14M | $23M | $26M | $2M | $959.0K | $14.0K | |
| Total Liabilities | $4.86B | $5.58B | $5.77B | $4.00B | $4.11B | $2.60B | $2.61B | $2.45B | $2.44B | $290M | $2.30B | $2.42B | |
| Long-term Debt | $1.74B | $1.83B | $1.63B | $1.08B | $1.51B | $509M | $644M | $365M | $365M | $0 | $679M | $903M | |
| Total Debt | · | · | · | · | · | · | $365M | $365M | $365M | $502M | $681M | $903M | |
| Paid-in Capital | $4.48B | $4.45B | $4.43B | $4.39B | $4.35B | $4.30B | $4.27B | $4.24B | $4.22B | $223M | $755M | · | |
| Retained Earnings | $2.60B | $2.66B | $2.66B | $2.55B | $2.18B | $1.57B | $1.40B | $1.22B | $1.02B | $562M | $-139M | $-310M | |
| AOCI | $-716.0K | $-442.0K | $-830.0K | $-2M | $-563.0K | $0 | · | · | · | $0 | $81.0K | $-2M | |
| Stockholders' Equity | $7.08B | $7.11B | $7.09B | $6.95B | $6.53B | $5.87B | $5.67B | $5.46B | $5.24B | $786M | $617M | $470M | |
| Liabilities + Equity | $11.96B | $12.70B | $12.87B | $10.95B | $10.66B | $8.47B | $8.28B | $7.91B | $7.68B | $1.08B | $2.92B | $2.89B | |
| Shares Outstanding | 162,339,000 | 161,896,000 | 161,385,000 | 160,706,000 | 165,980,000 | 166,553,000 | · | · | · | · | · | · |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $788M | $793M | $735M | $660M | $578M | $507M | $463M | $430M | $207M | $116M | $111M | $238M | |
| Stock-based Comp | · | · | · | · | · | · | · | · | $6M | $4M | $7M | $5M | |
| Deferred Tax | $-16M | $-19M | $10M | $31M | $40M | $46M | $31M | $62M | $-305M | $5M | $22M | $-5M | |
| Amort. of Intangibles | $77M | $75M | $70M | $65M | $55M | $46M | $43M | $43M | $13M | $500.0K | $500.0K | $17M | |
| Other Non-cash | $428M | $-92M | $199M | $-26M | $-171M | $-43M | $36M | $-29M | $-74M | $64M | $72M | $-4M | |
| Operating Cash Flow | $1.27B | $799M | $1.16B | $1.44B | $1.19B | $920M | $840M | $882M | $323M | $244M | $206M | $396M | |
| CapEx | · | · | · | · | · | · | $830M | $756M | $387M | $155M | $222M | $306M | |
| Investing Cash Flow | $-520M | $-759M | $-1.23B | $-646M | $-1.82B | $-481M | $-584M | $-647M | $-204M | $-101M | $-138M | $-140M | |
| Debt Issued | $1.00B | $150M | $250M | $0 | $1.20B | $0 | $0 | $0 | $400M | $0 | $0 | $900M | |
| Net Debt Issued | $1.00B | $150M | $250M | $0 | $1.20B | · | $0 | $0 | $400M | $0 | $685M | $900M | |
| Stock Repurchased | · | $0 | $0 | $300M | $57M | $180M | $87M | $179M | $0 | $40M | $45M | $0 | |
| Net Stock Activity | · | $0 | $0 | $-300M | $-57M | $-180M | $-87M | $-179M | $0 | $-117M | $-70M | · | |
| Dividends Paid | $117M | $104M | $91M | $78M | $64M | $55M | $41M | $43M | $25M | $20M | $20M | · | |
| Financing Cash Flow | $-808M | $-139M | $151M | $-754M | $779M | $-444M | $-185M | $-255M | $24M | $-143M | $-76M | $-210M | |
| Net Change in Cash | $-61M | $-99M | $84M | $35M | $153M | $-5M | $71M | $-21M | $142M | $-288.0K | $-8M | $46M | |
| Taxes Paid | $50M | $10M | $40M | $289M | $167M | $80M | $79M | $16M | $52M | $18M | $66M | $83M | |
| Free Cash Flow | · | · | · | · | · | · | $10M | $126M | $-69M | $227M | $227M | $90M | |
| Levered FCF | · | · | · | · | · | · | $-12M | $103M | $-90M | $206M | $203M | $38M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 2.9% | 3.3% | 4.7% | 14.7% | 16.1% | 12.1% | 8.8% | 10.7% | 8.3% | 6.0% | 8.8% | 8.6% | |
| Net Margin | 0.88% | 1.6% | 3.0% | 10.4% | 12.4% | 8.8% | 6.4% | 7.8% | 20.0% | 3.7% | 4.7% | 3.8% | |
| Pretax Margin | 1.3% | 2.0% | 3.8% | 13.7% | 16.2% | 12.0% | 8.6% | 10.3% | 8.0% | 5.3% | 7.5% | 5.8% | |
| EBITDA Margin | 13.4% | 14.0% | 15.0% | 23.6% | 25.7% | 22.9% | 18.4% | 18.7% | 16.8% | 13.1% | 15.1% | 14.1% | |
| ROA | 0.53% | 0.92% | 1.8% | 7.1% | 7.8% | 4.9% | 3.8% | 5.4% | 11.1% | 5.3% | 6.8% | 5.6% | |
| ROE | 0.93% | 1.7% | 3.1% | 11.5% | 12.0% | 7.1% | 5.6% | 7.8% | 16.1% | 23.2% | 36.3% | 42.8% | |
| ROIC | 2.1% | 2.7% | 3.8% | 11.9% | 11.3% | 7.0% | 5.3% | 7.4% | 9.0% | 14.3% | 17.8% | 17.3% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.9 | 0.8 | 0.9 | 1.7 | 1.3 | 1.1 | 0.9 | 1.5 | 1.5 | 1.6 | 1.8 | 1.9 | |
| Quick Ratio | 0.5 | 0.6 | 0.6 | 1.2 | 1.1 | 0.9 | 0.7 | 1.1 | 1.1 | 1.2 | 1.3 | 1.4 | |
| Debt / Equity | · | · | · | · | · | · | 0.1 | 0.1 | 0.1 | 0.7 | 1.1 | 1.9 | |
| LT Debt / Equity | · | · | · | · | · | · | 0.0 | 0.1 | 0.1 | 0.7 | 1.0 | 1.9 | |
| Interest Coverage | · | · | 2.7 | 21.5 | 45.7 | 32.6 | 14.5 | 18.9 | 23.1 | 7.9 | 9.7 | 4.6 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.6 | 0.6 | 0.6 | 0.7 | 0.6 | 0.6 | 0.6 | 0.7 | 0.6 | 1.4 | 1.5 | 1.5 | |
| Receivables Turnover | 13.5 | 8.8 | 8.3 | 8.5 | 8.1 | 8.5 | 8.7 | 16.9 | 6.9 | 9.7 | 9.4 | 9.6 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $43.63 | $43.91 | $43.92 | $43.22 | · | · | · | · | · | · | · | · | |
| Revenue / Share | $45.94 | $45.69 | $44.13 | $45.52 | $35.90 | $27.40 | $28.14 | $30.02 | $21.71 | $29.75 | $29.44 | $29.96 | |
| Cash Flow / Share | $7.79 | $4.93 | $7.18 | $8.80 | $7.12 | $5.39 | $4.88 | $4.96 | $2.85 | $3.44 | $3.96 | $2.76 | |
| Cash / Share | $1.36 | $1.35 | $1.04 | $1.22 | · | · | · | · | · | · | · | · | |
| Dividend / Share | $0.72 | $0.64 | $0.56 | $0.48 | $0.38 | $0.32 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | · | |
| EPS (TTM) | $0.41 | $0.73 | $1.34 | $4.73 | $4.45 | $2.40 | $1.80 | $2.36 | $4.34 | $1.16 | $1.42 | $1.12 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 0.80% | 3.8% | -3.9% | 23.8% | 28.3% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 0.18% | 7.3% | 15.2% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 9.8% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -43.8% | -45.5% | -71.7% | 6.3% | 85.4% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | -55.7% | -45.3% | -17.7% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | -29.8% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -43.9% | -45.8% | -71.9% | 3.8% | 81.3% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -56.0% | -45.9% | -19.1% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | -30.6% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid CAGR 5Y | 16.5% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $7.47B | $7.41B | $7.14B | $7.43B | $6.00B | $4.67B | $4.84B | $5.34B | $2.43B | $1.12B | $1.18B | $4.30B | |
| Net Income TTM | $66M | $118M | $217M | $771M | $743M | $410M | $309M | $419M | $484M | $94M | $117M | $161M | |
| Market Cap | $8.49B | $8.59B | $9.30B | $8.42B | · | · | · | · | · | · | · | · | |
| P/E | 127.5 | 72.7 | 43.0 | 11.1 | 13.7 | 17.4 | 19.9 | 10.6 | 10.1 | 28.5 | 17.1 | 30.1 | |
| P/S | 1.1 | 1.2 | 1.3 | 1.1 | · | · | · | · | · | · | · | · | |
| P/B | 1.2 | 1.2 | 1.3 | 1.2 | · | · | · | · | · | · | · | · | |
| P / Tangible Book | 7.0 | 7.9 | 7.9 | 5.1 | · | · | · | · | · | · | · | · | |
| P / Cash Flow | 6.7 | 10.7 | 8.0 | 5.9 | · | · | · | · | · | · | · | · | |
| Dividend Yield | 1.4% | 1.2% | 0.98% | 0.93% | · | · | · | · | · | · | · | · | |
| Earnings Yield | 0.78% | 1.4% | 2.3% | 9.0% | 7.3% | 5.7% | 5.0% | 9.4% | 9.9% | 3.5% | 5.9% | 3.3% | |
| Payout Ratio | 178.1% | 88.5% | 42.0% | 10.2% | 8.6% | 13.3% | 13.4% | 10.2% | 5.3% | · | · | · | |
| Annual Payout | $117M | $104M | $91M | $78M | $64M | $55M | $41M | $43M | $25M | $20M | $20M | · |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.10B | $1.85B | $1.86B | $1.93B | $1.86B | $1.82B | $1.86B | $1.88B | $1.85B | $1.82B | $1.93B | $2.02B | $1.55B | $1.64B | $1.74B | $1.90B | |
| Operating Expenses | $1.99B | $1.82B | $1.83B | $1.88B | $1.79B | $1.76B | $1.79B | $1.80B | $1.78B | $1.80B | $1.91B | $1.94B | $1.46B | $1.49B | $1.54B | $1.63B | |
| Operating Income | $105M | $29M | $26M | $50M | $73M | $67M | $78M | $81M | $63M | $21M | $18M | $81M | $94M | $145M | $203M | $265M | |
| Interest Expense | · | · | · | · | · | · | · | · | $40M | $41M | · | $39M | $24M | $23M | · | $15M | |
| Interest Income | $2M | $2M | $2M | $3M | $3M | $3M | $4M | $4M | $4M | $5M | $5M | $6M | $6M | $5M | $3M | $1M | |
| Other Non-op | $-18M | $-1M | $2M | $4M | $13M | $11M | $43M | $3M | $5M | $9M | $7M | $11M | $10M | $10M | $6M | $8M | |
| Pretax Income | $66M | $-2M | $-9M | $16M | $48M | $41M | $80M | $44M | $32M | $-7M | $-10M | $59M | $85M | $136M | $191M | $260M | |
| Income Tax | $22M | $-107.0K | $-2M | $7M | $14M | $10M | $11M | $14M | $12M | $-4M | $1M | $-1M | $22M | $33M | $42M | $66M | |
| Net Income | $43M | $-1M | $-7M | $8M | $34M | $31M | $69M | $30M | $20M | $-3M | $-11M | $60M | $63M | $104M | $149M | $195M | |
| EPS (Basic) | $0.27 | $-0.01 | $-0.04 | $0.05 | $0.21 | $0.19 | $0.43 | $0.19 | $0.13 | $-0.02 | $-0.06 | $0.37 | $0.39 | $0.65 | $0.93 | $1.21 | |
| EPS (Diluted) | $0.26 | $-0.01 | $-0.04 | $0.05 | $0.21 | $0.19 | $0.43 | $0.19 | $0.13 | $-0.02 | $-0.06 | $0.37 | $0.39 | $0.64 | $0.92 | $1.21 | |
| Shares (Basic) | 162,579,000 | 162,426,000 | · | 162,305,000 | 162,131,000 | 161,974,000 | · | 161,861,000 | 161,689,000 | 161,511,000 | · | 161,332,000 | 161,116,000 | 160,915,000 | · | 160,665,000 | |
| Shares (Diluted) | 163,283,000 | 163,135,000 | · | 162,647,000 | 162,541,000 | 162,457,000 | · | 162,233,000 | 162,111,000 | 162,086,000 | · | 161,888,000 | 161,940,000 | 161,900,000 | · | 161,572,000 | |
| EBITDA | $105M | $224M | · | $50M | $73M | $263M | · | $81M | $63M | $221M | · | $81M | $94M | $317M | · | $265M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $186M | $223M | $220M | $193M | $216M | $209M | $218M | $166M | $186M | $205M | $169M | $193M | $229M | $191M | $197M | $194M | |
| Receivables | $435M | $426M | $305M | $865M | $848M | $867M | $804M | $835M | $842M | $868M | · | $971M | $712M | $800M | · | $944M | |
| Prepaid Expense | $107M | $97M | $114M | $117M | $113M | $125M | $123M | $115M | $113M | $137M | · | $133M | $101M | $105M | · | $93M | |
| Other Current Assets | $28M | $29M | $37M | $35M | $34M | $33M | $29M | $38M | $34M | $36M | · | $54M | $54M | $44M | · | $39M | |
| Current Assets | $943M | $955M | $888M | $1.47B | $1.44B | $1.45B | $1.45B | $1.44B | $1.45B | $1.53B | · | $1.76B | $1.89B | $1.44B | · | $1.47B | |
| PP&E (Net) | $4.77B | $4.66B | $4.72B | $4.76B | $4.62B | $4.63B | $4.70B | $4.76B | $4.62B | $4.58B | · | $4.50B | $3.96B | $3.88B | · | $3.68B | |
| PP&E (Gross) | $7.58B | $7.40B | $7.38B | $7.33B | $7.13B | $7.11B | $7.10B | $7.08B | $6.92B | $6.78B | · | $6.54B | $5.98B | $5.84B | · | $5.54B | |
| Accum. Depreciation | $2.81B | $2.74B | $2.66B | $2.57B | $2.52B | $2.48B | $2.40B | $2.32B | $2.29B | $2.21B | · | $2.04B | $2.02B | $1.96B | · | $1.87B | |
| Goodwill | $3.93B | $3.93B | $3.93B | $3.96B | $3.96B | $3.96B | $3.96B | $3.96B | $3.88B | $3.87B | · | $3.84B | $3.52B | $3.52B | · | $3.52B | |
| Intangibles | $1.90B | $1.92B | $1.94B | $1.97B | $2.02B | $2.04B | $2.06B | $2.08B | $2.02B | $2.04B | · | $2.08B | $1.74B | $1.76B | · | $1.78B | |
| Other Non-current Assets | $165M | $164M | $165M | $165M | $160M | $159M | $154M | $174M | $172M | $163M | · | $147M | $127M | $142M | · | $136M | |
| Total Assets | $12.00B | $11.95B | $11.96B | $12.62B | $12.52B | $12.61B | $12.70B | $12.82B | $12.57B | $12.63B | · | $12.84B | $11.44B | $10.94B | · | $10.75B | |
| Accounts Payable | $282M | $256M | $201M | $252M | $302M | $326M | $330M | $293M | $301M | $284M | · | $299M | $223M | $215M | · | $230M | |
| Accrued Liabilities | $60M | $56M | $67M | $58M | $73M | $76M | $64M | $207M | $198M | $225M | · | $228M | $82M | $82M | · | $99M | |
| Current Liabilities | $1.08B | $1.36B | $1.03B | $1.11B | $1.63B | $1.65B | $1.71B | $1.43B | $1.65B | $1.64B | · | $1.73B | $945M | $906M | · | $912M | |
| Capital Leases | $196M | $213M | $208M | $210M | $230M | $259M | $275M | $311M | $327M | $342M | · | $395M | $154M | $153M | · | $121M | |
| Deferred Tax | $898M | $894M | $904M | $941M | $886M | $897M | $920M | $921M | $911M | $931M | · | $959M | $900M | $907M | · | $878M | |
| Other Non-current Liabilities | $239M | $204M | $205M | $206M | $207M | $201M | $210M | $114M | $119M | $112M | · | $72M | $5M | $10M | · | $10M | |
| Total Liabilities | $5.01B | $4.88B | $4.86B | $5.50B | $5.39B | $5.48B | $5.58B | $5.76B | $5.50B | $5.56B | · | $5.71B | $4.36B | $3.91B | · | $3.93B | |
| Long-term Debt | $303M | $1.75B | $1.74B | $1.85B | $1.82B | $1.83B | $1.83B | $1.86B | $1.64B | $1.74B | · | $1.88B | $1.49B | $1.03B | · | $1.19B | |
| Paid-in Capital | $4.41B | $4.49B | $4.48B | $4.47B | $4.46B | $4.45B | $4.45B | $4.44B | $4.44B | $4.43B | · | $4.42B | $4.41B | $4.40B | · | $4.38B | |
| Retained Earnings | $2.57B | $2.56B | $2.60B | $2.64B | $2.66B | $2.66B | $2.66B | $2.62B | $2.61B | $2.62B | · | $2.69B | $2.66B | $2.62B | · | $2.42B | |
| AOCI | $-143.0K | $-376.0K | $-716.0K | $-184.0K | $-88.0K | $21.0K | $-442.0K | $168.0K | $-827.0K | $-868.0K | · | $-664.0K | $-815.0K | $-1M | · | $-3M | |
| Stockholders' Equity | $6.98B | $7.05B | $7.08B | $7.11B | $7.12B | $7.11B | $7.11B | $7.06B | $7.05B | $7.06B | · | $7.11B | $7.07B | $7.02B | · | $6.81B | |
| Liabilities + Equity | $12.00B | $11.95B | $11.96B | $12.62B | $12.52B | $12.61B | $12.70B | $12.82B | $12.57B | $12.63B | · | $12.84B | $11.44B | $10.94B | · | $10.75B | |
| Shares Outstanding | 162,736,000 | 162,475,000 | 162,339,000 | 162,312,000 | 162,277,000 | 162,024,000 | 161,896,000 | 161,871,000 | 161,836,000 | 161,593,000 | · | 161,347,000 | 161,276,000 | 161,009,000 | · | 160,670,000 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $197M | $196M | $197M | $198M | $196M | $197M | $197M | $198M | $197M | $200M | $195M | $196M | $173M | $172M | $168M | $167M | |
| Amort. of Intangibles | $19M | $19M | $19M | $19M | $19M | $19M | $19M | $19M | $19M | $19M | $19M | $19M | $17M | $16M | $16M | $16M | |
| Other Non-cash | · | $-52M | · | · | · | $-118M | · | · | · | $-160M | · | · | · | $69M | · | · | |
| Operating Cash Flow | $308M | $143M | $723M | $218M | $216M | $109M | $274M | $214M | $273M | $37M | $288M | $151M | $377M | $345M | $337M | $379M | |
| Investing Cash Flow | $-173M | $-84M | $-96M | $-235M | $-135M | $-54M | $-140M | $-360M | $-119M | $-140M | $-140M | $-672M | $-219M | $-197M | $-288M | $-154M | |
| Debt Issued | · | · | $0 | · | · | · | $0 | $150M | · | · | $0 | $0 | · | · | $0 | $0 | |
| Stock Repurchased | · | · | · | · | · | · | · | · | · | · | · | $0 | $0 | $0 | $0 | $0 | |
| Net Stock Activity | · | · | · | · | · | · | · | · | · | · | · | · | · | $0 | · | · | |
| Dividends Paid | $33M | $33M | $29M | $29M | $30M | $29M | $26M | $26M | $26M | $26M | $23M | $23M | $23M | $23M | $19M | $19M | |
| Financing Cash Flow | $-166M | $-68M | $-619M | $-28M | $-85M | $-76M | $-85M | $128M | $-160M | $-22M | $-135M | $49M | $371M | $-135M | $-6M | $-196M | |
| Net Change in Cash | $-32M | $-9M | $9M | $-45M | $-4M | $-21M | $49M | $-18M | $-6M | $-125M | $13M | $-471M | $530M | $13M | $44M | $28M | |
| Taxes Paid | $4M | $46.0K | $8M | $774.0K | $42M | $-765.0K | $-453.0K | $3M | $8M | $-717.0K | $2M | $22M | $16M | $1M | $55M | $79M |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 5.0% | 1.5% | · | 2.6% | 3.9% | 3.6% | · | 4.3% | 3.4% | 1.1% | · | 4.0% | 6.0% | 8.8% | · | 14.0% | |
| Net Margin | 2.1% | -0.07% | · | 0.41% | 1.8% | 1.7% | · | 1.6% | 1.1% | -0.14% | · | 3.0% | 4.1% | 6.4% | · | 10.3% | |
| Pretax Margin | 3.1% | -0.08% | · | 0.82% | 2.6% | 2.2% | · | 2.4% | 1.7% | -0.37% | · | 2.9% | 5.5% | 8.3% | · | 13.7% | |
| EBITDA Margin | 5.0% | 12.1% | · | 2.6% | 3.9% | 14.4% | · | 4.3% | 3.4% | 12.1% | · | 4.0% | 6.0% | 19.4% | · | 14.0% | |
| ROA | 0.35% | -0.01% | · | 0.06% | 0.27% | 0.24% | · | 0.24% | 0.17% | -0.02% | · | 0.51% | 0.57% | 0.96% | · | 1.8% | |
| ROE | 0.61% | -0.02% | · | 0.11% | 0.48% | 0.43% | · | 0.43% | 0.29% | -0.04% | · | 0.86% | 0.93% | 1.5% | · | 3.0% | |
| ROIC | 0.99% | 0.38% | · | 0.38% | 0.72% | 0.70% | · | 0.78% | 0.56% | 0.13% | · | 1.2% | 0.99% | 1.6% | · | 2.9% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.9 | 0.7 | · | 1.3 | 0.9 | 0.9 | · | 1.0 | 0.9 | 0.9 | · | 1.0 | 2.0 | 1.6 | · | 1.6 | |
| Quick Ratio | 0.6 | 0.5 | · | 1.0 | 0.7 | 0.7 | · | 0.7 | 0.6 | 0.7 | · | 0.7 | 1.0 | 1.1 | · | 1.2 | |
| Interest Coverage | · | · | · | · | · | · | · | · | 1.6 | 0.5 | · | 2.1 | 3.9 | 6.3 | · | 18.1 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | · | 0.2 | 0.1 | 0.1 | · | 0.1 | 0.2 | 0.2 | · | 0.2 | 0.1 | 0.2 | · | 0.2 | |
| Receivables Turnover | 3.3 | 2.9 | · | 2.3 | 2.2 | 2.1 | · | 2.1 | 2.4 | 2.2 | · | 2.1 | 1.8 | 1.9 | · | 2.1 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $42.90 | $43.41 | · | $43.82 | $43.90 | $43.91 | · | $43.61 | $43.59 | $43.67 | · | $44.09 | $43.84 | $43.63 | · | $42.36 | |
| Revenue / Share | $12.83 | $11.34 | · | $11.85 | $11.46 | $11.23 | · | $11.57 | $11.39 | $11.24 | · | $12.48 | $9.59 | $10.11 | · | $11.74 | |
| Cash Flow / Share | · | $0.87 | · | · | · | $0.67 | · | · | · | $0.23 | · | · | · | $2.13 | · | · | |
| Cash / Share | $1.14 | $1.37 | · | $1.19 | $1.33 | $1.29 | · | $1.03 | $1.15 | $1.27 | · | $1.20 | $1.42 | $1.19 | · | $1.21 | |
| Dividend / Share | $0.20 | $0.20 | $0.18 | $0.18 | $0.18 | $0.18 | $0.16 | $0.16 | $0.16 | $0.16 | $0.14 | $0.14 | $0.14 | $0.14 | $0.12 | $0.12 | |
| EPS (TTM) | $0.26 | $0.21 | · | $0.88 | $1.02 | $0.94 | · | $0.24 | $0.42 | $0.68 | · | $2.32 | $3.16 | $4.12 | · | $5.34 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $7.73B | $7.50B | · | $7.48B | $7.43B | $7.41B | · | $7.48B | $7.62B | $7.33B | · | $6.95B | $6.83B | $7.24B | · | $7.50B | |
| Net Income TTM | $43M | $34M | · | $142M | $165M | $151M | · | $37M | $67M | $110M | · | $377M | $511M | $667M | · | $877M | |
| Market Cap | $12.67B | $9.36B | · | $6.41B | $7.18B | $7.05B | · | $8.73B | $8.08B | $8.89B | · | $8.09B | $8.96B | $9.11B | · | $7.86B | |
| P/E | 299.5 | 274.2 | · | 44.9 | 43.4 | 46.3 | · | 224.8 | 118.9 | 80.9 | · | 21.6 | 17.6 | 13.7 | · | 9.2 | |
| P/S | 1.6 | 1.2 | · | 0.9 | 1.0 | 1.0 | · | 1.2 | 1.1 | 1.2 | · | 1.2 | 1.3 | 1.3 | · | 1.0 | |
| P/B | 1.8 | 1.3 | · | 0.9 | 1.0 | 1.0 | · | 1.2 | 1.1 | 1.3 | · | 1.1 | 1.3 | 1.3 | · | 1.2 | |
| P / Tangible Book | 11.0 | 7.8 | · | 5.4 | 6.3 | 6.3 | · | 8.6 | 7.0 | 7.8 | · | 6.8 | 5.0 | 5.2 | · | 5.2 | |
| P / Cash Flow | · | 65.6 | · | · | · | 64.4 | · | · | · | 238.5 | · | · | · | 26.4 | · | · | |
| Dividend Yield | 0.98% | 1.3% | · | 1.8% | 1.5% | 1.5% | · | 1.1% | 1.2% | 1.1% | · | 1.1% | 0.94% | 0.89% | · | 0.96% | |
| Earnings Yield | 0.33% | 0.36% | · | 2.2% | 2.3% | 2.2% | · | 0.44% | 0.84% | 1.2% | · | 4.6% | 5.7% | 7.3% | · | 10.9% | |
| Payout Ratio | · | -2482.0% | · | · | · | 95.7% | · | · | · | -983.3% | · | · | · | 22.0% | · | · | |
| Annual Payout | $124M | $121M | · | $114M | $111M | $108M | · | $101M | $98M | $94M | · | $88M | $85M | $81M | · | $76M |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $7.47B | $7.41B | $7.14B | $7.43B | $6.00B |
| Operating Margin % | 2.9% | 3.3% | 4.7% | 14.7% | 16.1% |
| Net Income | $66M | $118M | $217M | $771M | $743M |
| Diluted EPS | $0.41 | $0.73 | $1.34 | $4.73 | $4.45 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Current Ratio | 0.9 | 0.8 | 0.9 | 1.7 | 1.3 |
| Quick Ratio | 0.5 | 0.6 | 0.6 | 1.2 | 1.1 |
Not enough fundamentals data to build this statement yet.
Institutional owners (13F) 679 filers · $13.6B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 179 (+58 vs prior Q) | 43 (-5 vs prior Q) | 208 (+10 vs prior Q) | 171 (+49 vs prior Q) | +11.0M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| BlackRock, Inc. | $1,340,601,069 | 17,215,886 | 9.86% | Shares |
| VANGUARD GROUP INC | $765,896,929 | 14,649,903 | 5.64% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $666,528,585 | 8,559,415 | 4.90% | Shares |
| FMR LLC | $627,721,968 | 8,061,153 | 4.62% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $549,913,346 | 7,061,941 | 4.05% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $502,971,597 | 6,459,119 | 3.70% | Shares |
| STATE STREET CORP | $405,612,293 | 5,208,839 | 2.98% | Shares |
| Invesco Ltd. | $400,894,913 | 5,148,259 | 2.95% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $354,697,148 | 4,554,991 | 2.61% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $349,556,019 | 4,488,969 | 2.57% | Shares |
| Slate Path Capital LP | $265,614,570 | 3,411,000 | 1.95% | Shares |
| MORGAN STANLEY | $256,645,815 | 3,295,823 | 1.89% | Shares |
| Hood River Capital Management LLC | $238,145,227 | 3,058,241 | 1.75% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $233,207,061 | 2,994,062 | 1.72% | Shares |
| AMERIPRISE FINANCIAL INC | $207,028,770 | 2,658,723 | 1.52% | Shares |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $173,964,539 | 2,234,038 | 1.28% | Shares |
| MANNING & NAPIER ADVISORS LLC | $173,668,804 | 2,221,397 | 1.28% | Shares |
| NORGES BANK | $167,684,012 | 2,153,384 | 1.23% | Shares |
| Allspring Global Investments Holdings, LLC | $166,844,769 | 2,156,453 | 1.23% | Shares |
| CITADEL ADVISORS LLC | $163,477,085 | 2,099,359 | 1.20% | Shares |
| PointState Capital LP | $155,348,859 | 1,994,977 | 1.14% | Shares |
| BANK OF AMERICA CORP /DE/ | $142,790,037 | 1,833,698 | 1.05% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $139,690,838 | 1,793,898 | 1.03% | Shares |
| Holocene Advisors, LP | $136,178,822 | 1,748,797 | 1.00% | Shares |
| TWO SIGMA INVESTMENTS, LP | $133,841,866 | 1,718,786 | 0.98% | Shares |
| Bank of New York Mellon Corp | $117,084,076 | 1,503,584 | 0.86% | Shares |
| Walleye Trading LLC | $114,437,752 | 1,469,600 | 0.84% | Put option |
| UBS Group AG | $111,119,244 | 1,426,984 | 0.82% | Shares |
| FRONTIER CAPITAL MANAGEMENT CO LLC | $109,871,061 | 1,410,955 | 0.81% | Shares |
| FIL Ltd | $109,361,095 | 1,404,406 | 0.80% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $104,648,792 | 1,343,891 | 0.77% | Shares |
| NORTHERN TRUST CORP | $104,085,326 | 1,336,655 | 0.77% | Shares |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | $103,570,760 | 1,330,047 | 0.76% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $100,922,411 | 1,296,046 | 0.74% | Shares |
| BRANDES INVESTMENT PARTNERS, LP | $99,398,377 | 1,276,459 | 0.73% | Shares |
| ALLIANCEBERNSTEIN L.P. | $99,009,443 | 1,719,511 | 0.73% | Shares |
| JANE STREET GROUP, LLC | $93,832,571 | 1,204,990 | 0.69% | Shares |
| Polar Capital Holdings Plc | $86,976,585 | 1,116,946 | 0.64% | Shares |
| AMERICAN CENTURY COMPANIES INC | $84,517,929 | 1,085,372 | 0.62% | Shares |
| Qube Research & Technologies Ltd | $82,840,208 | 1,063,827 | 0.61% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $79,541,635 | 1,021,467 | 0.59% | Shares |
| Driehaus Capital Management LLC | $78,968,824 | 1,014,111 | 0.58% | Shares |
| Point72 Asset Management, L.P. | $76,428,081 | 981,483 | 0.56% | Shares |
| PRIMECAP MANAGEMENT CO/CA/ | $66,397,958 | 852,677 | 0.49% | Shares |
| Ensign Peak Advisors, Inc | $64,876,067 | 833,133 | 0.48% | Shares |
| MILLENNIUM MANAGEMENT LLC | $64,860,571 | 832,934 | 0.48% | Shares |
| Caisse de depot et placement du Quebec | $64,092,928 | 823,076 | 0.47% | Shares |
| GOLDMAN SACHS GROUP INC | $63,519,469 | 815,712 | 0.47% | Shares |
| MACKENZIE FINANCIAL CORP | $56,746,283 | 728,731 | 0.42% | Shares |
| WELLS FARGO & COMPANY/MN | $55,734,715 | 715,740 | 0.41% | Shares |
Activists & 5%+ owners 1 position
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Jerry Moyes, Vickie Moyes, Jerry and Vickie Moyes Family Trust Dated 12/11/87, Cactus Holding Company II, LLC (, M Capital Group Investors, LLC (, Cactus Holding Company, LLC (, M Capital Group Investors II, LLC (, Michael Moyes, LynDee Moyes Nester, M Six Investors, LLC (, M Dynasty Capital, LLC ( ×25 filings | March 11, 2022 | · | Initial filing | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 53 insiders · 30 officers · 20 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Reid Dove | CEO AAA Cooper Transportation | Aug. 13, 2026 S | 0 | 0 | 3 | $-15,813,376 |
| Adam W Miller | CEO | Jan. 31, 2026 M | 179,822 | 0 | 0 | $0 |
| Richard Stocking | President and CEO | Sept. 8, 2017 D | 44,628 | 0 | 0 | $0 |
| Jerry Moyes | CEO | May 24, 2016 A | 35,569 | 0 | 0 | $0 |
| Andrew Hess | CFO | May 31, 2026 M | 13,069 | 0 | 0 | $0 |
| Joshua Smith | CFO - US Xpress | Feb. 26, 2026 G | 7,664 | 0 | 1 | $-351,451 |
| Virginia Henkels | Executive Vice President and Chief Financial Officer | Sept. 8, 2017 D | 12,240 | 0 | 0 | $0 |
| Joseph A. Vitiritto | President | May 31, 2026 A | · | 0 | 0 | $0 |
| Wilburn Douglas Prickett III | Pres/COO AAA Transportation | May 31, 2026 M | 6,145 | 0 | 0 | $0 |
| James L Fitzsimmons | COO Swift Transportation | May 31, 2026 M | 12,718 | 0 | 1 | $-324,074 |
| Kevin Quast | COO of Swift Transportation | Nov. 30, 2022 A | 36,753 | 0 | 0 | $0 |
| Gary J Knight | Vice Chairman | Sept. 2, 2026 G | 2,602,998 | 0 | 0 | $0 |
| Cary M Flanagan | Exec VP and CAO | July 31, 2026 S | 5,405 | 0 | 2 | $-448,624 |
| Kevin P Knight | Executive Chairman | March 12, 2026 M | 28,519 | 0 | 6 | $-7,816,153 |
| Timothy Sean Harrington | Pres - US Xpress | Feb. 10, 2026 S | 5,812 | 0 | 1 | $-508,385 |
| Reed Stultz | SR VP - Logistics | Jan. 31, 2026 M | 823 | 0 | 1 | $-241,638 |
| Todd F. Carlson | General Counsel and Secretary | March 12, 2025 M | 66,664 | 0 | 0 | $0 |
| Joseph Sherer | SVP Logistics/Intermodel | May 31, 2024 A | 15,533 | 0 | 0 | $0 |
| Dustin Ohlman | SVP Logistics/Intermodel | June 8, 2023 S | 0 | 0 | 0 | $0 |
| James E. Updike Jr. | EVP Sales & Mkt, Knight Trans. | Jan. 31, 2023 M | 22,620 | 0 | 0 | $0 |
| Shannon Breen | Sr. VP Logistics/Intermodal | Nov. 30, 2020 A | 0 | 0 | 0 | $0 |
| Wayne Yu | CAO of Knight Trans. Inc. | May 31, 2020 M | 17,080 | 0 | 0 | $0 |
| Kenneth C Runnels | EVP Fleet Operations | May 26, 2018 F | 13,720 | 0 | 0 | $0 |
| Timothy W Guin | EVP Sales & Mkt, Swift Trans. | Nov. 9, 2017 A | 11,814 | 0 | 0 | $0 |
| Mickey R Dragash | Executive Vice President, General Counsel and Secretary | Sept. 8, 2017 D | 1,648 | 0 | 0 | $0 |
| Steven Richard Van Kirk | Executive VP Intermodal | Sept. 8, 2017 F | 14,288 | 0 | 0 | $0 |
| Chad E Killebrew | EVP of Operations | May 26, 2017 A | 8,505 | 0 | 0 | $0 |
| James Fry | General Counsel & Secretary | Feb. 25, 2015 S | 5,855 | 0 | 0 | $0 |
| Jon Isaacson | EVP Central Refrigerated | May 6, 2014 A | 3,557 | 0 | 0 | $0 |
| Mark William Young | Executive VP Intermodal | Aug. 19, 2011 P | 2,000 | 0 | 0 | $0 |
| Ploeg David Vander | Director | Aug. 12, 2026 S | 30,252 | 0 | 1 | $-115,126 |
| Amy Boerger | Director | May 12, 2026 A | 6,633 | 0 | 0 | $0 |
| Jessica Powell | Director | May 12, 2026 A | 10,009 | 0 | 0 | $0 |
| Louis Hobson | Director | May 12, 2026 A | 8,347 | 0 | 0 | $0 |
| Douglas L Col | Director | May 12, 2026 A | 9,636 | 0 | 0 | $0 |
| Roberta Roberts Shank | Director | May 12, 2026 A | 36,105 | 0 | 0 | $0 |
| Michael Garnreiter | Director | May 12, 2026 A | 12,318 | 0 | 0 | $0 |
| Kathryn L Munro | Director | May 12, 2026 A | 38,757 | 0 | 0 | $0 |
| Richard H Dozer | Director | May 30, 2019 A | 20,998 | 0 | 0 | $0 |
| Richard J Lehmann | Director | May 30, 2019 A | 22,910 | 0 | 0 | $0 |
| Richard C Kraemer | Director | May 30, 2019 A | 16,340 | 0 | 0 | $0 |
| Glenn F Brown | Director | May 31, 2018 A | 37,947 | 0 | 0 | $0 |
| Jose A Cardenas | Director | Sept. 8, 2017 D | 8,996 | 0 | 0 | $0 |
| RILEY WILLIAM F III | Director | Sept. 8, 2017 D | 14,722 | 0 | 0 | $0 |
| POST WILLIAM J | Director | Feb. 22, 2013 A | 7,875 | 0 | 0 | $0 |
| Michael K Liu | · | Feb. 4, 2026 S | 0 | 0 | 1 | $-75,661 |
| Robert E Synowicki JR | · | Aug. 12, 2025 M | 19,853 | 0 | 0 | $0 |
| Michelle K Lewis | · | July 31, 2025 M | 3,611 | 0 | 0 | $0 |
| David A Jackson | · | Dec. 15, 2023 A | 223,119 | 0 | 0 | $0 |
| Lyndee Moyes Nester | · | Aug. 24, 2020 S | 133,527 | 0 | 0 | $0 |
| Michael Moyes | · | Aug. 21, 2020 S | 148,107 | 0 | 0 | $0 |
| Brian Patrick Alexander | · | Nov. 30, 2016 M | 17,626 | 0 | 0 | $0 |
| Rodney Sartor | · | Feb. 26, 2016 S | 10,825 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 68 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| IYT · iShares Trust | 1.48% | 433,714 SH | Sept. 11, 2026 | Daily |
| RFV · Invesco Exchange-Traded Fund Trust | 1.02% | 50,858 SH | Oct. 2, 2026 | Daily |
| XMMO · Invesco Exchange-Traded Fund Trust | 0.91% | 993,773 SH | Oct. 2, 2026 | Daily |
| LSEQ · Harbor ETF Trust | 0.77% | 1,687 NS | July 31, 2026 | N-PORT |
| IVOV · VANGUARD ADMIRAL FUNDS | 0.73% | 139,527 SH | Aug. 19, 2026 | Daily |
| DFSV · Dimensional ETF Trust | 0.70% | 827,534 NS | July 31, 2026 | N-PORT |
| QIDX · Spinnaker ETF Series | 0.70% | 3,928 NS | July 31, 2026 | N-PORT |
| TPOR · Direxion Shares ETF Trust | 0.64% | 1,613 NS | July 31, 2026 | N-PORT |
| SHPP · Pacer Funds Trust | 0.59% | 174 NS | July 31, 2026 | N-PORT |
| DFAT · Dimensional ETF Trust | 0.49% | 1,013,808 NS | July 31, 2026 | N-PORT |
| IQSM · New York Life Investments ETF Trust | 0.43% | 20,502 NS | July 31, 2026 | N-PORT |
| ISCG · iShares Trust | 0.36% | 49,796 SH | Sept. 11, 2026 | Daily |
| IVOO · VANGUARD ADMIRAL FUNDS | 0.35% | 262,566 SH | Aug. 19, 2026 | Daily |
| QVMM · Invesco Exchange-Traded Fund Trust … | 0.34% | 21,549 SH | Oct. 2, 2026 | Daily |
| PTMC · Pacer Funds Trust | 0.32% | 17,975 NS | July 31, 2026 | N-PORT |
| RWK · Invesco Exchange-Traded Fund Trust … | 0.30% | 58,800 SH | Oct. 2, 2026 | Daily |
| BKMC · BNY Mellon ETF Trust | 0.29% | 26,853 NS | July 31, 2026 | N-PORT |
| MIDU · Direxion Shares ETF Trust | 0.24% | 2,386 NS | July 31, 2026 | N-PORT |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.24% | 68,805 NS | July 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.20% | 449,392 NS | July 31, 2026 | N-PORT |
| FXR · First Trust Exchange-Traded AlphaDE… | 0.20% | 21,344 NS | July 31, 2026 | N-PORT |
| VIS · VANGUARD WORLD FUND | 0.17% | 192,375 SH | Aug. 19, 2026 | Daily |
| FBCV · FIDELITY COVINGTON TRUST | 0.17% | 4,305 NS | July 31, 2026 | N-PORT |
| VBK · VANGUARD INDEX FUNDS | 0.16% | 1,021,083 SH | Aug. 19, 2026 | Daily |
| FIDU · FIDELITY COVINGTON TRUST | 0.16% | 51,988 NS | July 31, 2026 | N-PORT |
| SMMD · iShares Trust | 0.15% | 84,407 SH | Sept. 11, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.14% | 1,865,101 SH | Aug. 19, 2026 | Daily |
| VB · VANGUARD INDEX FUNDS | 0.14% | 3,540,914 SH | Aug. 19, 2026 | Daily |
| IYJ · iShares Trust | 0.14% | 37,561 SH | Sept. 11, 2026 | Daily |
| VBR · VANGUARD INDEX FUNDS | 0.13% | 1,123,884 SH | Aug. 19, 2026 | Daily |
| ESML · iShares Trust | 0.12% | 47,934 SH | Sept. 11, 2026 | Daily |
| IWS · iShares Trust | 0.11% | 237,015 SH | Sept. 11, 2026 | Daily |
| WSML · iShares Trust | 0.10% | 9,945 SH | Sept. 11, 2026 | Daily |
| IWR · iShares Trust | 0.08% | 646,820 SH | Sept. 11, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.07% | 5,588 NS | July 31, 2026 | N-PORT |
| FNX · First Trust Exchange-Traded AlphaDE… | 0.07% | 13,228 NS | July 31, 2026 | N-PORT |
| DFUV · Dimensional ETF Trust | 0.06% | 124,990 NS | July 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.06% | 26,712 NS | July 31, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.05% | 358,844 NS | July 31, 2026 | N-PORT |
| PRF · Invesco Exchange-Traded Fund Trust | 0.04% | 66,379 SH | Oct. 2, 2026 | Daily |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.04% | 5,090 SH | Oct. 2, 2026 | Daily |
| IUS · Invesco Exchange-Traded Self-Indexe… | 0.04% | 5,370 SH | Oct. 2, 2026 | Daily |
| IUSV · iShares Trust | 0.04% | 140,793 SH | Sept. 11, 2026 | Daily |
| DSI · iShares Trust | 0.03% | 24,344 SH | Sept. 11, 2026 | Daily |
| VFMO · VANGUARD WELLINGTON FUND | 0.03% | 7,853 SH | Aug. 19, 2026 | Daily |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.03% | 95,450 SH | Aug. 19, 2026 | Daily |
| IWD · iShares Trust | 0.03% | 350,798 SH | Sept. 11, 2026 | Daily |
| DGRO · iShares Trust | 0.02% | 150,659 SH | Sept. 11, 2026 | Daily |
| DFAU · Dimensional ETF Trust | 0.02% | 38,274 NS | July 31, 2026 | N-PORT |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.02% | 14,547 SH | Oct. 2, 2026 | Daily |
| SMDX · Tidal Trust III | 0.02% | 378 NS | July 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.02% | 4,897,403 SH | Aug. 19, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.02% | 26,461 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.02% | 13,273 SH | Aug. 19, 2026 | Daily |
| ESGV · VANGUARD WORLD FUND | 0.02% | 35,733 SH | Aug. 19, 2026 | Daily |
| TILT · FlexShares Trust | 0.02% | 5,670 NS | July 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.02% | 48,739 NS | July 31, 2026 | N-PORT |
| IYY · iShares Trust | 0.02% | 6,929 SH | Sept. 11, 2026 | Daily |
| IWB · iShares Trust | 0.02% | 107,574 SH | Sept. 11, 2026 | Daily |
| ITOT · iShares Trust | 0.02% | 210,169 SH | Sept. 11, 2026 | Daily |
| IWV · iShares Trust | 0.01% | 43,231 SH | Sept. 11, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.01% | 131,161 SH | Aug. 19, 2026 | Daily |
| DFLV · Dimensional ETF Trust | 0.00% | 2,114 NS | July 31, 2026 | N-PORT |
| IJH · iShares Trust | · | 5,702,209 SH | Sept. 11, 2026 | Daily |
| IJJ · iShares Trust | · | 829,845 SH | Aug. 31, 2026 | Daily |
| XJH · iShares Trust | · | 22,198 SH | Sept. 8, 2026 | Daily |
| ISCB · iShares Trust | · | 7,061 SH | Sept. 11, 2026 | Daily |
| SMMV · iShares Trust | · | 11,529 SH | Aug. 19, 2026 | Daily |
KNX Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
20 analysts · 2026-10-01Mean target $88.45 +32.5%
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| KNX | $8.49B | 127.5 | 0.80% | 0.88% | 0.93% | · |
| ODFL | $32.70B | 32.4 | -5.5% | 18.6% | 24.0% | · |
| XPO | $15.90B | 51.5 | 1.1% | 3.9% | 17.3% | · |
| JBHT | $18.38B | 31.8 | -0.73% | 5.0% | 16.6% | · |
| FDXF | $23.98B | 36.6 | -1.1% | 7.4% | 69.1% | · |
| UHAL | · | · | 3.6% | 1.4% | 1.1% | · |
| SAIA | $8.70B | 34.3 | 0.79% | 7.9% | 10.2% | · |
| R | $7.54B | 16.0 | 0.23% | 3.9% | 16.3% | · |
| LSTR | · | 44.1 | -1.6% | 2.4% | 13.0% | · |
| SNDR | · | 45.0 | 7.2% | 1.8% | 3.4% | · |
| RXO | $2.07B | -21.4 | 26.2% | -1.7% | -6.4% | · |
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