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

$71.99+2.62(0.04%)Market closed

Market Cap

$10.84B

P/E

252.4x

P/S

1.4x

P/B

1.6x

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

AverageMetricSide Score: 53/100

Strongest: Balance Sheet & Red Flags (23/25); weakest: Profitability (7/25).

Profitability7/25

Growth9/25

Balance Sheet & Red Flags23/25

Cash & Earnings Quality14/25

Strengths

Rising free cash flowLow leverageInterest easily coveredImproving leverage

Valuation vs. 5-year range

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

P/E · 252.4x5y range 9.6x – 265.0x

Currently above its 20-quarter median.

P/S · 1.4x5y range 0.9x – 1.6x

Currently near its 20-quarter median.

P/B · 1.6x5y range 0.9x – 1.6x

Watch items

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

High Risk

Margin Pressure

Red Flag

Operating margins dropped 34.1% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

FCF consistently trails net income (avg -12.9x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $10.84B

Metrics at a Glance

as of June 2026

Revenue & Profit

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

TTM Revenue: $7.73B
Q. Revenue: $2.10B
TTM EBITDA: $1.39B
TTM Op. Income: $210.22M
Q. Op. Income: $104.85M
TTM Net Income: $42.94M
Q. Net Income: $43.19M
EPS: $0.27
Shares Out.: $162.58M

$7.73B in TTM revenue grew 4.1% YoY, reaching $2.10B last quarter. TTM EBITDA of $1.39B and TTM operating income of $210.22M show growth is flowing through to the bottom line. TTM net income of $42.94M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 14.4%
Op. Margin: 5.0%
Net Margin: 2.1%

Op. margin of 5.0% is up 1.1% YoY — cost efficiency is improving. Net margin at 2.1% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

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

P/E Ratio: 252.4x
P/S Ratio: 1.4x
P/B Ratio: 1.6x

At 252.4x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.4x and P/B of 1.6x provide additional context. P/E sits above typical market levels while revenue growth is below 5%. Over the past year, P/E is up 480% — an improving trend.

Assets & Liabilities

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

Total Assets: $12.00B
Cash: $186.11M
Long-Term Debt: $303.48M
Book Value: $6.98B
D/E Ratio: 0.0
Debt/EBITDA: 1.0

With $12.00B in assets and $303.48M in long-term debt, D/E is 0.0and book value is $6.98B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 83% — an improving trend.

Cash Flow

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

Op. Cash Flow: $307.82M
TTM Free Cash Flow: $545.27M
FCF Margin: 7.1%
FCF / Net Income: 12.7

TTM FCF of $545.27M on $307.82M in operating cash flow. The FCF / Net Income ratio of 12.7x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 3 consecutive quarters — an improving trend.