# Knight-Swift Transportation Holdings Inc. (KNX) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Transportation Infrastructure. Price $71.99, market value $11.7 billion.

## Valuation
- **P/E (trailing): 266.6×** (5-yr avg 52.6×, 3-yr avg 79.8×). Knight-Swift Transportation Holdings Inc. trades at 266.6× trailing earnings, well above its own five-year average of 52.6×: investors are paying up relative to the company's past. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 18.0×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.5×**. Each dollar of revenue is priced at 1.5×.
- **Price / book: 1.7×**. The shares trade at 1.7× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 13.5×**. Enterprise value is 13.5× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Earnings yield: 0.4%**. The inverse of the P/E: 0.4% of the price is earned each year.

## Profitability
- **Operating margin: 2.7%**. 2.7% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 0.9%**. 0.9% of each dollar of sales reaches the bottom line.
- **Return on equity: 0.9%**. 0.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 1.9%**. Return on all capital, debt included, is 1.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 0.4%**. Each dollar of assets produces 0.4% of profit.

## Growth
- **Revenue growth (1 yr): 0.8%** (3-yr 0.2%/yr, 5-yr 9.8%/yr). Revenue grew 0.8% over the last year, against 9.8% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -43.8%** (3-yr -55.7%/yr, 5-yr -29.8%/yr). Earnings per share fell 43.8%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.25**. Debt is 0.25 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.6×**. It would take 1.6 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 2.96**. A Z-score of 2.96 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.11%** ($0.76 per share, trailing). Knight-Swift Transportation Holdings Inc. yields 1.11%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 178%**. The dividend exceeds earnings (178% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 12**. 12 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 17.6%/yr** (1-yr 12.5%). The dividend has compounded at 17.6% a year over five years, doubling roughly every 4 years at that pace.

## Analyst view
- **Analyst consensus: buy** (19 analysts). 19 analysts cover Knight-Swift Transportation Holdings Inc.; the consensus is buy, with an average price target of $88.63 (+23% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 65.4%** (YTD 38.5%, 3-mo -8.1%). The shares are up 65.4% over twelve months including dividends.
- **From 52-week high: -13.1%** (86.4% above the low). Trading 13% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 55**. An RSI of 55 is neutral.
- **Beta (1 yr): 1.12** (volatility 40%). Beta of 1.12 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=KNX · Page: https://foliofundamentals.com/stocks/knx

Not investment advice.