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Knight-Swift Transportation Holdings Inc. KNX LTL — Operating ratio
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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: | Truckload | LTL | Logistics | Intermodal | All Other Segments | Eliminations | Total |
|---|---|---|---|---|---|---|---|
| Operations and maintenance 2 | 123,035 | 28,664 | 4,169 | 6,272 | (19,455) | (6,247) | 136,438 |
| Insurance and claims | 79,356 | 17,339 | 841 | 1,114 | 1,550 | (36) | 100,164 |
| Depreciation and amortization of property and equipment | 135,830 | 21,856 | 444 | 6,206 | 13,825 | — | 178,161 |
| Purchased transportation | 131,948 | 9,149 | 117,533 | 69,976 | 4,487 | (10,946) | 322,147 |
| Other segment items 2 3 | 106,373 | 46,702 | 6,259 | 5,846 | 25,104 | (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 ratio | 93.4% | 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 LTL — operating ratio?
- Knight-Swift Transportation Holdings Inc. (KNX) reported LTL — operating ratio of 94.8% in Q2 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 decreased by 0.5% year-over-year, from 95.3% to 94.8%.
- 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 operating ratio for the Less-Than-Truckload (LTL) segment represents the percentage of revenue consumed by operating expenses. It is a critical measure of operational efficiency and profitability within the LTL business unit, reflecting how effectively the company manages costs relative to the freight volume it handles.
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