Knight-Swift Transportation Hol (KNX) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Knight-Swift Transportation Hol

NYSE•Industrials•Trucking

$60.77-0.38(-0.01%)Market closed

Market Cap

$10.22B

P/E

66.7x

P/S

1.3x

P/B

1.4x

Knight-Swift Transportation Holdings Inc., together with its subsidiaries, operates as a freight transportation company in the United States and Mexico. The company operates through four segments: Truckload, LTL, Logistics, and Intermodal. The Truckload segment offers irregular route, dedicated, refrigerated, flatbed, expedited, and cross-border services. The LTL segment provides regional direct service and serves its customers' national transportation needs by utilizing key partner carriers for coverage areas outside of its network. The Logistics segment provides brokerage and other freight management services utilizing third-party transportation providers and equipment. The Intermodal segment offers transportation services, including arranging the movement of customers' freight through third-party intermodal rail services on its trailing equipment; and drayage services to transport loads between the railheads and customer locations. The company also provides repair and maintenance shop services, equipment leasing, warranty services, and insurance; and trailer parts manufacturing, warehousing, and certain driving academy activities. It serves retail, food and beverage, consumer and paper products, transportation and logistics, housing and building, automotive, and manufacturing industries. The company was incorporated in 1989 and is headquartered in Phoenix, Arizona.

How this company scores

GoodMetricSide Score: 64/100

Strongest: Balance Sheet & Red Flags (25/25); weakest: Profitability (8/25).

Profitability8/25

Growth18/25

Balance Sheet & Red Flags25/25

Cash & Earnings Quality13/25

Strengths

Low leverageInterest easily coveredImproving leverageConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 66.7x5y range 9.7x – 296.0x

Currently above its 20-quarter median.

P/S · 1.3x5y range 0.9x – 1.6x

Currently near its 20-quarter median.

P/B · 1.4x5y range 0.9x – 1.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

FCF consistently trails net income (avg -12.8x) — earnings may be inflated by non-cash items or aggressive accounting.

Cash Burn

Watch

FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $10.22B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $8.00B
Q. Revenue: $2.20B
TTM EBITDA: $1.52B
TTM Op. Income: $338.60M
Q. Op. Income: $178.71M
TTM Net Income: $153.34M
Q. Net Income: $118.27M
EPS: $0.73
Shares Out.: $162.76M

$8.00B in TTM revenue grew 7.0% YoY, reaching $2.20B last quarter. TTM EBITDA of $1.52B and TTM operating income of $338.60M show growth is flowing through to the bottom line. TTM net income of $153.34M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 17.1%
Op. Margin: 8.1%
Net Margin: 5.4%

Op. margin of 8.1% is up 5.5% YoY — cost efficiency is improving. Net margin at 5.4% Across the last 8 quarters, operating margin has risen for 3 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 66.7x
P/S Ratio: 1.3x
P/B Ratio: 1.4x

At 66.7x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.3x and P/B of 1.4x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 46% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $12.14B
Cash: $254.16M
Long-Term Debt: $231.89M
Book Value: $7.07B
D/E Ratio: 0.0
Debt/EBITDA: 0.6

With $12.14B in assets and $231.89M in long-term debt, D/E is 0.0and book value is $7.07B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $349.52M
TTM Free Cash Flow: $752.32M
FCF Margin: 9.4%
FCF / Net Income: 4.9

TTM FCF of $752.32M on $349.52M in operating cash flow. The FCF / Net Income ratio of 4.9x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 4 consecutive quarters — an improving trend.