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 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
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
FCF
Total debt
Cash
2025
$7.5B
$66M
0.0%
2.9%
—
$1.7B
$220M
2024
$7.4B
$118M
0.0%
3.3%
—
$1.8B
$218M
2023
$7.1B
$217M
0.0%
4.7%
—
$1.6B
$169M
2022
$7.4B
$771M
0.0%
14.7%
—
$1.1B
$197M
2021
$6.0B
$743M
0.0%
16.1%
—
$1.5B
$261M
2020
$4.7B
$410M
0.0%
12.1%
—
$509M
$157M
2019
$4.8B
$309M
0.0%
8.8%
$10M
$644M
$160M
2018
$5.3B
$419M
0.0%
10.6%
$126M
$365M
$82M
2017
$2.4B
$484M
0.0%
8.3%
-$65M
$365M
$77M
2016
$1.1B
$94M
0.0%
13.3%
$89M
$0
$8M
2015
$1.2B
$117M
0.0%
15.0%
-$16M
$679M
$9M
2014
$4.3B
$161M
0.0%
8.6%
$90M
$903M
$17M
2013
$4.1B
$155M
0.0%
8.7%
$155M
$1.2B
$59M
2012
$4.0B
$140M
0.0%
8.8%
$133M
$1.3B
$54M
2011
$3.8B
$103M
0.0%
8.5%
$90M
$1.4B
$82M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$1.9B
-$1M
0.0%
1.5%
—
$1.8B
$223M
Dec '25
$1.9B
-$7M
0.0%
1.4%
—
$1.7B
$220M
Sep '25
$1.9B
$8M
0.0%
2.6%
—
$1.9B
$193M
Jun '25
$1.9B
$34M
0.0%
3.9%
—
$1.8B
$216M
Mar '25
$1.8B
$31M
0.0%
3.7%
—
$1.8B
$209M
Dec '24
$1.9B
$69M
0.0%
4.2%
—
$1.8B
$218M
Sep '24
$1.9B
$30M
0.0%
4.3%
—
$1.9B
$166M
Jun '24
$1.8B
$20M
0.0%
3.4%
—
$1.6B
$186M
Mar '24
$1.8B
-$3M
0.0%
1.1%
—
$1.7B
$205M
Dec '23
$1.9B
-$11M
0.0%
0.9%
—
$1.6B
$169M
Sep '23
$2.0B
$60M
0.0%
4.0%
—
$1.9B
$193M
Jun '23
$1.6B
$63M
0.0%
6.1%
—
$1.5B
$229M
Mar '23
$1.6B
$104M
0.0%
8.8%
—
$1.0B
$191M
Dec '22
$1.7B
$149M
0.0%
11.6%
—
$1.1B
$197M
Sep '22
$1.9B
$195M
0.0%
14.0%
—
$1.2B
$194M
Jun '22
$2.0B
$219M
0.0%
16.6%
—
$1.3B
$198M
Mar '22
$1.8B
$208M
0.0%
16.3%
—
$1.4B
$243M
Dec '21
$1.8B
$255M
0.0%
18.8%
—
$1.5B
$261M
Sep '21
$1.6B
$206M
0.0%
16.4%
—
$1.6B
$270M
Jun '21
$1.3B
$153M
0.0%
14.5%
—
—
$179M
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 189.9× (Jun '26).
The price-to-sales ratio has risen from 1.2× (Mar '23) to 1.7× (Jun '26).
The dividend yield has risen from 0.9% (Mar '23) to 0.9% (Jun '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?
As of Jun '26, Knight-Swift Transportation Holdings Inc. traded at a price-to-earnings ratio of about 189.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.