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 12.2% per year over the past 5 years.
Net income has grown faster than revenue (13.0% vs 12.2% per year).
Operating margin has been roughly flat, at 10.9% in the latest year.
Free cash flow has declined 18.9% per year over the past 5 years.
Financial health
Total debt ($163M) exceeds cash ($20M); net debt is $143M.
Operating income covered interest expense 21× in the latest year, down from 35× 5 years ago.
Total debt is 0.3× EBITDA.
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
$3.2B
$255M
0.0%
10.9%
$27M
$163M
$20M
2024
$3.2B
$362M
0.0%
15.0%
-$460M
$194M
$19M
2023
$2.9B
$355M
0.0%
16.0%
$138M
$0
$296M
2022
$2.8B
$357M
0.0%
16.9%
$106M
$0
$187M
2021
$2.3B
$253M
0.0%
14.6%
$97M
$0
$107M
2020
$1.8B
$138M
0.0%
9.9%
$78M
—
$25M
2019
$1.8B
$114M
0.0%
8.5%
-$15M
—
$248000
2018
$1.7B
$105M
0.0%
8.5%
$33M
—
$2M
2017
$1.4B
$91M
0.0%
6.7%
-$29M
—
$5M
2016
$1.3B
$48M
0.0%
6.3%
$27M
—
$2M
2015
—
$55M
—
—
—
—
$124000
2014
—
$52M
—
—
—
$83M
$4M
2013
—
$44M
—
—
-$25M
$77M
$159000
2012
—
$32M
—
—
$15M
$61M
$321000
2011
—
$11M
—
—
-$13M
$73M
$1M
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
$806M
$50M
0.0%
8.3%
$74M
$112M
$39M
Dec '25
$790M
$48M
0.0%
8.1%
$37M
$163M
$20M
Sep '25
$840M
$86M
0.0%
14.1%
$88M
$218M
$36M
Jun '25
$817M
$71M
0.0%
12.2%
-$4M
$307M
$19M
Mar '25
$788M
$50M
0.0%
8.9%
-$94M
$291M
$17M
Dec '24
$789M
$76M
0.0%
12.9%
-$4M
$194M
$19M
Sep '24
$842M
$93M
0.0%
14.9%
-$12M
$183M
$14M
Jun '24
$823M
$103M
0.0%
16.7%
-$94M
$167M
$11M
Mar '24
$755M
$91M
0.0%
15.6%
-$351M
$72M
$12M
Dec '23
$751M
$89M
0.0%
15.0%
$62M
$0
$296M
Sep '23
$775M
$98M
0.0%
16.6%
$11M
$0
$249M
Jun '23
$695M
$91M
0.0%
17.3%
$74M
$0
$235M
Mar '23
$661M
$76M
0.0%
15.0%
-$9M
$0
$166M
Dec '22
$656M
$71M
0.0%
14.1%
$41M
$0
$187M
Sep '22
$730M
$98M
0.0%
17.6%
$13M
—
$150M
Jun '22
$746M
$109M
0.0%
19.6%
$2M
—
$138M
Mar '22
$661M
$79M
0.0%
15.6%
$50M
—
$141M
Dec '21
$617M
$74M
0.0%
15.8%
-$16M
$0
$107M
Sep '21
$616M
$80M
0.0%
17.2%
$73M
—
$122M
Jun '21
$571M
$62M
0.0%
14.5%
$5M
—
$53M
Valuation over time
How the market has priced SAIA 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 20.3× (Mar '23) to 45.3× (Jun '26).
The price-to-sales ratio has risen from 2.6× (Mar '23) to 3.6× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is SAIA growing its revenue and profit?
Over the past 5 years, Saia Inc's revenue has grown 12.2% per year, and net income grown 13.0% per year. These are computed facts, not advice.
How much debt does SAIA have?
As of FY2025, Saia Inc reported $163M of total debt against $20M of cash; operating income covered interest expense 21×.
What is SAIA's profit margin?
In FY2025, gross margin was —, operating margin 10.9%, and net margin 7.9%.
What is SAIA's P/E ratio?
As of Jun '26, Saia Inc traded at a price-to-earnings ratio of about 45.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S 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.