Skip to content
Screener

Knight-Swift Transportation Holdings Inc. KNX Logistics — Operating ratio

Other segment segments

LTL
94.8%-0.5%
Truckload
93.4%-3.0%

Similar metrics at other companies

Schneider National logo
SNDRLogistics — Operating revenues
$313.7M-5.9%
Delek US Holdings logo
DKLogistics — Operating Expenses
$43.4M+13.6%
Matsons logo
MATXLogistics Services — Operating Expenses
$144.5M+6.2%
Matsons logo
MATXLogistics Services — Operating Income
$6.8M-20.0%
Universal Logistics Holdings, Inc. logo
ULHContract Logistics — Operating Expenses
$252.06M+8.6%
Universal Logistics Holdings, Inc. logo
ULHContract Logistics — Operating Income
$17.47M-26.8%

Other financials

Income statement

See full
Revenue$2.1B+12.6%
Operating income$104.9M+44.4%
Net income$43.2M+26.1%
EPS (diluted)$0.26+23.8%

Balance sheet

See full
Cash & equivalents$267.7M-22.4%
Total debt$1.3B-54.4%
Total equity$7.0B-2.0%
Total assets$12.0B-4.1%

Cash flow

See full
Operating cash flow$307.8M+42.2%
CapEx$250.6M+20.2%
Free cash flow$57.2M+621%

Valuation

See full
Market cap$11.52B+67.0%
Enterprise value$12.55B+33.7%
P/E137.2×-415×
P/S1.5×+0.6×

Profitability

See full
Operating margin2.7%-1.3pp
Net margin1.9%+1.3pp
FCF margin7.1%

Returns & leverage

See full
Return on equity2%+1.3pp
Debt / equity0.2×-0.2×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Knight-Swift Transportation Holdings Inc. in its filing.

Tagged under the XBRL concept knx:OperatingRatio.

The source filing: Knight-Swift Transportation Holdings Inc.’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 1:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001492691-26-000059
Operating income (loss) by segment:TruckloadLTLLogisticsIntermodalAll Other SegmentsEliminationsTotal
Operations and maintenance 2123,03528,6644,1696,272(19,455)(6,247)136,438
Insurance and claims79,35617,3398411,1141,550(36)100,164
Depreciation and amortization of property and equipment135,83021,8564446,20613,825178,161
Purchased transportation131,9489,149117,53369,9764,487(10,946)322,147
Other segment items 2 3106,37346,7026,2595,84625,104(12,507)177,777
Total operating expense$1,258,198$398,489$135,869$112,735$115,997$(30,427)$1,990,861
Operating income (loss)$89,145$21,659$3,827$653$(10,433)$104,851
Operating ratio93.4%94.8%97.3%99.4%109.9%100.0%95.0%

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Knight-Swift Transportation Holdings Inc.'s logistics — operating ratio?
Knight-Swift Transportation Holdings Inc. (KNX) reported logistics — operating ratio of 97.3% in Q2 2026.
How has Knight-Swift Transportation Holdings Inc.'s logistics — operating ratio changed year-over-year?
Knight-Swift Transportation Holdings Inc.'s logistics — operating ratio increased by 1.7% year-over-year, from 95.7% to 97.3%.
What is the long-term trend for Knight-Swift Transportation Holdings Inc.'s logistics — operating ratio?
Over 2 years (2022 to 2025), Knight-Swift Transportation Holdings Inc.'s logistics — operating ratio has grown at a 83.4% compound annual growth rate (CAGR), from 85.5% to 287.5%.
What does logistics — operating ratio mean?
The operating ratio represents the percentage of segment revenue consumed by operating expenses. It is a primary measure of operational efficiency for logistics and brokerage business units, indicating how much of every dollar earned is retained as operating profit before interest and taxes.

Ask your AI about Knight-Swift Transportation Holdings Inc.'s logistics — operating ratio.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude