KNX Financials Knight-Swift Transportation Holdings Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Oct 31, 2026, 11:18 UTC Overview →

Growth & profitability

Revenue has grown 9.8% per year over the past 5 years.
Net income has grown slower than revenue (-30.6% vs 9.8% per year).
Operating margin has contracted, at 2.9% in the latest year.
Free cash flow has declined 36.0% per year over the past 5 years.

Financial health

Total debt ($1.7B) exceeds cash ($220M); net debt is $1.5B.
Total debt has grown faster than revenue (27.9% vs 9.8% per year).
Operating income covered interest expense 1.3× in the latest year.
Total debt is 1.7× EBITDA.

Shareholder returns

Dividends have been paid for 11 consecutive years, consuming 178.1% of earnings.
The dividend has grown 16.5% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$7.5B	$66M	0.0%	2.9%	0.9%	0.6%	—	$1.7B	$220M
2024	$7.4B	$118M	0.0%	3.3%	1.7%	0.9%	—	$1.8B	$218M
2023	$7.1B	$217M	0.0%	4.7%	3.1%	1.7%	—	$1.6B	$169M
2022	$7.4B	$771M	0.0%	14.7%	11.1%	7.0%	—	$1.1B	$197M
2021	$6.0B	$743M	0.0%	16.1%	11.4%	7.0%	—	$1.5B	$261M
2020	$4.7B	$410M	0.0%	12.1%	7.0%	4.8%	—	$509M	$157M
2019	$4.8B	$309M	0.0%	8.8%	5.5%	3.7%	$10M	$644M	$160M
2018	$5.3B	$419M	0.0%	10.6%	7.7%	5.3%	$126M	$365M	$82M
2017	$2.4B	$484M	0.0%	8.3%	9.2%	6.3%	-$65M	$365M	$77M
2016	$1.1B	$94M	0.0%	13.3%	11.9%	8.7%	$89M	$0	$8M
2015	$1.2B	$117M	0.0%	15.0%	—	4.0%	-$16M	$679M	$9M
2014	$4.3B	$161M	0.0%	8.6%	—	5.6%	$90M	$903M	$17M
2013	$4.1B	$155M	0.0%	8.7%	—	5.5%	$155M	$1.2B	$59M
2012	$4.0B	$140M	0.0%	8.8%	—	5.0%	$133M	$1.3B	$54M
2011	$3.8B	$103M	0.0%	8.5%	—	3.9%	$90M	$1.4B	$82M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$2.2B	$118M	0.0%	8.1%	1.7%	1.0%	—	$232M	$254M
Jun '26	$2.1B	$43M	0.0%	5.0%	0.6%	0.4%	—	$303M	$186M
Mar '26	$1.9B	-$1M	0.0%	1.5%	-0.0%	-0.0%	—	$1.8B	$223M
Dec '25	$1.9B	-$7M	0.0%	1.4%	-0.1%	-0.1%	—	$1.7B	$220M
Sep '25	$1.9B	$8M	0.0%	2.6%	0.1%	0.1%	—	$1.9B	$193M
Jun '25	$1.9B	$34M	0.0%	3.9%	0.5%	0.3%	—	$1.8B	$216M
Mar '25	$1.8B	$31M	0.0%	3.7%	0.4%	0.2%	—	$1.8B	$209M
Dec '24	$1.9B	$69M	0.0%	4.2%	1.0%	0.5%	—	$1.8B	$218M
Sep '24	$1.9B	$30M	0.0%	4.3%	0.4%	0.2%	—	$1.9B	$166M
Jun '24	$1.8B	$20M	0.0%	3.4%	0.3%	0.2%	—	$1.6B	$186M
Mar '24	$1.8B	-$3M	0.0%	1.1%	-0.0%	-0.0%	—	$1.7B	$205M
Dec '23	$1.9B	-$11M	0.0%	0.9%	-0.2%	-0.1%	—	$1.6B	$169M
Sep '23	$2.0B	$60M	0.0%	4.0%	0.8%	0.5%	—	$1.9B	$193M
Jun '23	$1.6B	$63M	0.0%	6.1%	0.9%	0.6%	—	$1.5B	$229M
Mar '23	$1.6B	$104M	0.0%	8.8%	1.5%	1.0%	—	$1.0B	$191M
Dec '22	$1.7B	$149M	0.0%	11.6%	2.1%	1.4%	—	$1.1B	$197M
Sep '22	$1.9B	$195M	0.0%	14.0%	2.9%	1.8%	—	$1.2B	$194M
Jun '22	$2.0B	$219M	0.0%	16.6%	3.3%	2.0%	—	$1.3B	$198M
Mar '22	$1.8B	$208M	0.0%	16.3%	3.2%	1.9%	—	$1.4B	$243M
Dec '21	$1.8B	$255M	0.0%	18.8%	3.9%	2.4%	—	$1.5B	$261M

Valuation over time

How the market has priced KNX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 11.9× (Mar '23) to 152.2× (Nov '26).
The price-to-sales ratio has risen from 1.2× (Mar '23) to 1.3× (Nov '26).
The dividend yield has risen from 0.9% (Mar '23) to 1.2% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is KNX growing its revenue and profit?

Over the past 5 years, Knight-Swift Transportation Holdings Inc.'s revenue has grown 9.8% per year, and net income declined 30.6% per year. These are computed facts, not advice.

How much debt does KNX have?

As of FY2025, Knight-Swift Transportation Holdings Inc. reported $1.7B of total debt against $220M of cash; operating income covered interest expense 1.3×.

What is KNX's profit margin?

In FY2025, gross margin was —, operating margin 2.9%, and net margin 0.9%.

What is KNX's P/E ratio?

Knight-Swift Transportation Holdings Inc.'s P/E (TTM) is 65.48 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the KNX stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 152.2× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.