Skip to content
OpenCapital
Get started

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

Other segment segments

Intermodal
101.5%-0.5%
Logistics
97.2%+0.8%
Truckload
96.9%+0.6%

Similar metrics at other companies

Trimble Inc. logo
TRMBT&L — Segment operating income (as percent)
24.2%+6.3pp
XPO
XPOLTL — Revenue
$1.36B+39.2%
Trimble Inc. logo
TRMBT&L — Operating Income
$33.8M+29.5%
XPO
XPONorth American LTL — Adjusted EBITDA
$290M+16.0%
XPO
XPONorth American LTL — Purchased transportation
$30M-18.9%
XPO
XPONorth American LTL — Revenue
$1.23B+4.9%

Other financials

Income statement

See full
Revenue$1.9B+1.4%
Operating income$28.6M-57.1%
Net income-$1.3M-104%
EPS (diluted)-$0.01-105%

Balance sheet

See full
Cash & equivalents$299.6M-14.2%
Total debt$3.1B+4.5%
Total equity$7.1B-0.9%
Total assets$11.9B-5.2%

Cash flow

See full
Operating cash flow$142.5M+30.3%
CapEx$130.0M+6.5%
Free cash flow$12.5M+199%

Valuation

See full
Market cap$12.05B+32.8%
Enterprise value$14.8B+25.9%
P/E168.7×-509×
P/S1.6×+0.4×

Profitability

See full
Operating margin2.4%-1.5pp
Net margin1.9%+1.3pp
FCF margin6.6%—

Returns & leverage

See full
Return on equity2%+1.3pp
Debt / equity0.4×0.0×
Current ratio0.7×-0.2×

Where this comes from

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

Tagged under the XBRL concept knx:OperatingRatio.

The official record: Knight-Swift Transportation Holdings Inc.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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

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

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Knight-Swift Transportation Holdings Inc.'s LTL — operating ratio?
Knight-Swift Transportation Holdings Inc. (KNX) reported LTL — operating ratio of 101% in Q1 2026.
How has Knight-Swift Transportation Holdings Inc.'s LTL — operating ratio changed year-over-year?
Knight-Swift Transportation Holdings Inc.'s LTL — operating ratio increased by 4.8% year-over-year, from 96.4% to 101%.
What is the long-term trend for Knight-Swift Transportation Holdings Inc.'s LTL — operating ratio?
Over 2 years (2022 to 2024), Knight-Swift Transportation Holdings Inc.'s LTL — operating ratio has grown at a 76.9% compound annual growth rate (CAGR), from 88.2% to 275.9%.
What does LTL — operating ratio mean?
The ratio of operating expenses to revenue for the LTL segment, where a lower percentage indicates better efficiency.
How do you interpret LTL — operating ratio?
A lower ratio indicates improved operational efficiency and higher profitability, while a higher ratio suggests rising costs or pricing pressure.
How does LTL — operating ratio compare across companies?
Commonly used across the transportation and logistics industry to compare the cost-to-revenue efficiency of LTL carriers.