Saia (SAIA) Stock Fundamentals, Analysis & Risk Signals

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

Saia

NasdaqGS•Industrials•Trucking

$328.35-3.79(-0.01%)Market open

Market Cap

$9.46B

P/E

33.4x

P/S

2.7x

P/B

3.4x

Saia, Inc., together with its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 100 and 10,000 pounds. It also offers other value-added services, including brokered truckload, expedited transportation, and other logistics services. As of December 31, 2025, it operated 213 owned and leased terminals; and owned approximately 7,700 tractors and 26,500 trailers. The company was formerly known as SCS Transportation, Inc. and changed its name to Saia, Inc. in July 2002. Saia, Inc. was founded in 1924 and is headquartered in Johns Creek, Georgia.

How this company scores

GoodMetricSide Score: 63/100

Strongest: Balance Sheet & Red Flags (21/25); weakest: Profitability (12/25).

Profitability12/25

Growth14/25

Balance Sheet & Red Flags21/25

Cash & Earnings Quality16/25

Strengths

Low leverageImproving leverageConsistent growthNet cash position

Valuation vs. 5-year range

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

P/E · 33.4x5y range 14.2x – 42.3x

Currently near its 20-quarter median.

P/S · 2.7x5y range 1.8x – 5.3x

Currently near its 20-quarter median.

P/B · 3.4x5y range 3.0x – 7.7x

Watch items

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

Some Concerns

Margin Pressure

Watch

Operating margins declined 12.8% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $9.46B

Metrics at a Glance

as of September 2026

Revenue & Profit

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

TTM Revenue: $3.54B
Q. Revenue: $982.45M
TTM EBITDA: $631.78M
TTM Op. Income: $378.33M
Q. Op. Income: $122.29M
TTM Net Income: $283.09M
Q. Net Income: $91.44M
EPS: $3.41
Shares Out.: $26.79M

$3.54B in TTM revenue grew 9.3% YoY, reaching $982.45M last quarter. TTM EBITDA of $631.78M and TTM operating income of $378.33M show growth is flowing through to the bottom line. TTM net income of $283.09M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 4 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 19.0%
Op. Margin: 12.4%
Net Margin: 9.3%

Op. margin of 12.4% is down 1.7% YoY — costs are rising relative to revenue. Net margin at 9.3% Over the past year, operating margin is down 12% — a weakening trend.

Price Ratios

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

P/E Ratio: 33.4x
P/S Ratio: 2.7x
P/B Ratio: 3.4x

At 33.4x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 2.7x and P/B of 3.4x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 20% — an improving trend.

Assets & Liabilities

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

Total Assets: $3.85B
Cash: $202.52M
Long-Term Debt: $100.00M
Book Value: $2.82B
D/E Ratio: 0.0
Debt/EBITDA: 0.5

With $3.85B in assets and $100.00M in long-term debt, D/E is 0.0and book value is $2.82B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 5 consecutive quarters — an improving trend.

Cash Flow

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

Op. Cash Flow: $189.52M
TTM Free Cash Flow: $278.80M
FCF Margin: 7.9%
FCF / Net Income: 1.0

TTM FCF of $278.80M on $189.52M in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 7 consecutive quarters — an improving trend.