Valuation, from the filing
| Public float | $7.08B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $43.56 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 107.3× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 0.9× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 1.0× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
107.3× earnings today, against a median of 13.6× across 10 years on record. Above its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $7.08B | 107.3× | |
| 2024-06-30 | $7.96B | 67.7× | |
| 2023-06-30 | $8.83B | 40.7× | |
| 2022-06-30 | $7.33B | 9.5× | |
| 2021-06-30 | $7.43B | 10.0× | |
| 2020-06-30 | $5.66B | 13.8× | |
| 2019-06-30 | $4.42B | 14.3× | |
| 2018-06-30 | $5.60B | 13.3× | |
| 2017-06-30 | $2.13B | 4.4× | |
| 2016-06-30 | $1.25B | 13.3× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Trucking (No Local) filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| Effective tax rate | 31.2% | 100th | |
| Current ratio | 0.86x | 8th | |
| Revenue YoY growth | 0.8% | 91th | |
| Long-term debt / equity | 0.25x | 64th | |
| Net margin | 0.9% | 42th | |
| Operating margin | 2.9% | 58th |
Knight-Swift Transportation Holdings Inc. (KNX) reported revenue of $2.20B and net income of $118.27M for the fiscal year ended 2026-09-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Knight-Swift Transportation Holdings Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Trucking (No Local).
Income
| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.20B | $2.10B | $1.85B | $1.86B | $1.93B | $1.86B | $1.82B | $1.86B | $1.88B | $1.85B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | $178.70M | $104.85M | $28.58M | $26.46M | $50.33M | $72.62M | $66.66M | $77.95M | $81.42M | $63.46M |
| Net income | $118.27M | $43.19M | -$1.32M | -$6.80M | $7.86M | $34.24M | $30.64M | $69.50M | $30.46M | $20.30M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 163.30M | shares 163.28M | shares 163.14M | Unavailable | shares 162.65M | shares 162.54M | shares 162.46M | Unavailable | shares 162.23M | shares 162.11M |
| Pretax income | $162.53M | $65.50M | -$1.52M | -$8.85M | $15.72M | $47.92M | $40.53M | $79.83M | $44.20M | $31.68M |
| Income tax expense | $44.46M | $22.36M | -$107.00K | -$1.92M | $7.39M | $13.99M | $10.30M | $10.71M | $14.14M | $11.79M |
| Diluted EPS | $0.72 | $0.26 | $-0.01 | Unavailable | $0.05 | $0.21 | $0.19 | Unavailable | $0.19 | $0.13 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $254.16M | $186.11M | $222.77M | $220.42M | $192.68M | $216.32M | $209.48M | $218.26M | $166.35M | $186.47M |
| Total assets | $12.14B | $12.00B | $11.95B | $11.96B | $12.62B | $12.52B | $12.61B | $12.70B | $12.82B | $12.57B |
| Current assets | $1.04B | $942.92M | $954.86M | $887.53M | $1.47B | $1.44B | $1.45B | $1.45B | $1.44B | $1.45B |
| Total liabilities | $5.06B | $5.01B | $4.88B | $4.86B | $5.50B | $5.39B | $5.48B | $5.58B | $5.76B | $5.50B |
| Current liabilities | $1.14B | $1.08B | $1.36B | $1.03B | $1.11B | $1.63B | $1.65B | $1.71B | $1.43B | $1.65B |
| Total equity incl. NCI | $7.08B | $6.99B | $7.06B | $7.09B | $7.12B | $7.13B | $7.12B | $7.12B | $7.07B | $7.07B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $479.79M | $434.78M | $425.52M | $305.32M | $864.54M | $848.28M | $867.26M | $803.70M | $835.25M | $841.62M |
| Goodwill | $3.93B | $3.93B | $3.93B | $3.93B | $3.96B | $3.96B | $3.96B | $3.96B | $3.96B | $3.88B |
| Long-term debt | $231.89M | $303.48M | $1.75B | $1.74B | $1.85B | $1.82B | $1.83B | $1.83B | $1.86B | $1.64B |
| Accounts payable | $318.33M | $281.67M | $255.92M | $200.84M | $251.57M | $301.87M | $325.57M | $329.70M | $293.24M | $300.58M |
Cash flow
| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $349.52M | $307.82M | $142.54M | $723.22M | $217.50M | $216.50M | $109.43M | $274.32M | $214.04M | $273.42M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$170.79M | -$173.48M | -$83.58M | -$95.88M | -$234.89M | -$135.40M | -$54.22M | -$140.10M | -$360.18M | -$119.09M |
| Financing cash flow | -$128.36M | -$166.25M | -$68.12M | -$618.61M | -$27.55M | -$85.28M | -$76.30M | -$84.90M | $127.79M | -$160.06M |
| Net change in cash | $50.37M | -$31.92M | -$9.16M | $8.73M | -$44.94M | -$4.18M | -$21.09M | $49.32M | -$18.34M | -$5.73M |
| Stock-based compensation | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common dividends paid | $32.59M | $33.12M | $32.69M | $29.22M | $29.23M | $29.67M | $29.31M | $25.90M | $25.91M | $26.43M |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $198.68M | $197.00M | $195.71M | $197.26M | $198.28M | $195.78M | $196.72M | $197.48M | $197.52M | $197.39M |
Derived
| Metric | 2026-09-30 | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | 8.1% | 5.0% | 1.5% | 1.4% | 2.6% | 3.9% | 3.7% | 4.2% | 4.3% | 3.4% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | 0.91x | 0.88x | 0.70x | 0.86x | 1.33x | 0.89x | 0.88x | 0.85x | 1.01x | 0.88x |
| Revenue YoY growth | 14.2% | 12.6% | 1.4% | -0.4% | 2.7% | 0.8% | 0.1% | -3.5% | -7.1% | 18.9% |
| Net margin | 5.4% | 2.1% | -0.1% | -0.4% | 0.4% | 1.8% | 1.7% | 3.7% | 1.6% | 1.1% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 0.03x | Unavailable | Unavailable | 0.25x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 27.4% | 34.1% | Unavailable | Unavailable | 47.0% | 29.2% | 25.4% | 13.4% | 32.0% | 37.2% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open KNX in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.