Knight Transportation (KNX) AI Stock Analysis

• Market Cap: $7.52B
• Dividend Yield: 1.51%
• Average Volume (3M): 4.52M
• Price to Earnings (P/E): 52.9
• Beta (1Y): 1.14
• Revenue Growth: >-0.01%
• EPS Growth: 279.47%
• Country: US
• Employees: 35,300
• Sector: Industrials
• Sector Strength: 72
• Industry: Trucking
• EPS (TTM): 0.32
• Shares Outstanding: 162,339,000
• 10 Day Avg. Volume: 3,384,409
• 30 Day Avg. Volume: 4,515,154
• PEG Ratio: -1.59
• Price to Book (P/B): 1.21
• Price to Sales (P/S): 1.16
• P/FCF Ratio: -427.07
• Enterprise Value/Market Cap: 1.18
• Enterprise Value/Revenue: 1.19
• Enterprise Value/Gross Profit: 7.26
• Enterprise Value/Ebitda: 8.43
• 1Y Price Target: $52.21
• Price Target Upside: 12.72% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 14
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: $48.00 ▲(3.63% Upside)

Knight Transportation's overall stock score reflects a stable financial position with strong cash flow performance and manageable leverage. However, high valuation metrics and mixed earnings call sentiment, particularly challenges in the Truckload segment, weigh on the score. Technical indicators suggest a positive short-term trend, but valuation concerns and market uncertainties limit upside potential.

Positive Factors

Strong Cash Flow Generation

Robust free cash flow growth enhances financial flexibility, allowing for reinvestment in operations, debt reduction, or shareholder returns, supporting long-term business stability.

LTL Segment Revenue Growth

Strong growth in the LTL segment indicates successful market penetration and service demand, contributing to diversified revenue streams and long-term growth potential.

Cost Structure Improvements

Reducing fixed costs improves operational efficiency and margin sustainability, enhancing profitability and competitive positioning in the long term.

Negative Factors

Truckload Segment Challenges

Declining revenue in the Truckload segment suggests market or operational challenges, potentially impacting overall revenue growth and profitability.

Unusual Charges Impacting Earnings

Significant unusual charges can distort earnings and indicate underlying operational issues, affecting investor confidence and financial performance.

Softness in LTL Demand

Softening demand in the LTL segment could pressure margins and impact revenue growth, posing challenges to maintaining profitability in the near term.

Knight Transportation Business Overview & Revenue Model

Company Description

Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in the United States, Mexico, and Canada. The company operates through four segments: Trucking, Logistics, Less-than-truckload (LTL), and Intermodal. Its trucking services include irregular route, dedicated, refrigerated, flatbed, expedited, dry van, drayage, and cross-border transportation of various products, goods, and materials. The company also provides logistics and intermodal services, such as brokerage, intermodal, and certain logistics; freight management; and non-trucking services. In addition, it offers various support services, including repair and maintenance shop services, warranty, insurance, and equipment leasing; and trailer parts manufacturing and warehousing services, as well as engages in the driving academy activities. In addition, it offers regional direct services to customers national transportation needs by utilizing carriers for coverage areas outside networks. The company operates a total of 18,019 tractors, which comprises 16,166 company tractors and 1,853 independent contractor tractors, as well as 67,606 trailers; 2,735 tractors and 7,413 trailers; and 597 tractors and 10,847 intermodal containers. It serves retail, food and beverage, consumer products, paper products, transportation and logistics, housing and building, automotive, and manufacturing industries. Knight-Swift Transportation Holdings Inc. was incorporated in 1989 and is headquartered in Phoenix, Arizona.

How the Company Makes Money

Knight Transportation generates revenue primarily through its truckload transportation services. The company operates a fleet of trucks and trailers that transport goods for customers across various industries, charging fees based on mileage, weight, and type of cargo. Key revenue streams include dry van services, which make up a significant portion of their business, as well as refrigerated transport services for temperature-sensitive goods. Additionally, Knight offers logistics services, managing the supply chain needs of customers which adds to its revenue. Strategic partnerships with shippers and a focus on customer service enhance their earnings potential. The company also benefits from operational efficiencies and a strong focus on maintaining a modern, well-maintained fleet, which reduces costs and improves profitability.

Knight Transportation Financial Statement Overview

Summary

Knight Transportation shows stable financial performance with consistent revenue and profitability. The balance sheet is strong with low leverage, and cash flow improvements highlight effective cash management. However, declining total assets and modest returns on equity are concerns.

Income Statement

Knight Transportation's income statement shows a stable financial performance with a Gross Profit Margin of 19.03% and a Net Profit Margin of 2.22% in the TTM. The company has experienced slight revenue growth of 0.23% from the previous annual period. Despite a decrease in EBIT and EBITDA margins, the overall profitability remains moderate. The trucking industry faces challenges, but the firm maintains a steady revenue trajectory.

Balance Sheet

The balance sheet reflects a solid Debt-to-Equity Ratio of 0.18 and a healthy Equity Ratio of 56.88%. The Return on Equity stands at 2.31%, indicating modest returns for shareholders. The company's financial stability is reinforced by its relatively low leverage compared to industry standards, but the declining total assets trend may be a concern.

Cash Flow

Knight Transportation's cash flow statement presents a positive Free Cash Flow growth rate of 1060.01% in the TTM and an Operating Cash Flow to Net Income Ratio of 4.94. The significant improvement in free cash flow suggests better cash management, though the firm's reliance on capital expenditures requires careful monitoring to sustain long-term liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.48B	7.41B	7.14B	7.43B	6.00B	4.67B
Gross Profit	1.23B	1.80B	1.96B	2.41B	1.97B	1.46B
EBITDA	1.06B	1.03B	1.01B	1.66B	1.47B	1.07B
Net Income	142.24M	117.63M	217.15M	771.33M	743.39M	410.00M
Balance Sheet
Total Assets	12.62B	13.07B	13.26B	11.14B	10.82B	8.62B
Cash, Cash Equivalents and Short-Term Investments	294.35M	365.94M	466.35M	389.74M	354.11M	205.03M
Total Debt	2.76B	2.82B	2.67B	1.67B	1.96B	1.03B
Total Liabilities	5.50B	5.96B	6.16B	4.18B	4.27B	2.75B
Stockholders Equity	7.11B	7.11B	7.09B	6.95B	6.53B	5.87B
Cash Flow
Free Cash Flow	352.45M	-20.09M	90.06M	635.29M	656.06M	398.58M
Operating Cash Flow	817.75M	799.06M	1.16B	1.44B	1.19B	919.64M
Investing Cash Flow	-564.61M	-759.12M	-1.23B	-646.18M	-1.82B	-480.71M
Financing Cash Flow	-274.04M	-139.40M	150.69M	-754.35M	779.33M	-443.88M

Knight Transportation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 46.32
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KNX, the sentiment is Positive. The current price of 46.32 is above the 20-day moving average (MA) of 45.12, above the 50-day MA of 43.09, and above the 200-day MA of 44.63, indicating a bullish trend. The MACD of 0.50 indicates Positive momentum. The RSI at 57.65 is Neutral, neither overbought nor oversold. The STOCH value of 59.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KNX.

Knight Transportation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SAIA	68 Neutral	$7.52B	26.67	11.92%	―	1.96%	-24.55%
KNX	64 Neutral	$7.52B	52.90	2.01%	1.51%	>-0.01%	279.47%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ARCB	62 Neutral	$1.51B	15.90	7.40%	0.65%	-5.34%	-48.16%
WERN	57 Neutral	$1.57B	64.63	1.78%	2.14%	-3.42%	-43.86%
SNDR	57 Neutral	$3.99B	35.08	3.81%	1.68%	5.46%	2.31%
MRTN	54 Neutral	$806.24M	41.59	2.53%	2.43%	-9.74%	-42.57%

Knight Transportation Corporate Events

Knight Transportation’s Mixed Q3 Earnings Call Highlights

The recent earnings call of Knight Transportation painted a mixed picture, reflecting both achievements and challenges. While the company celebrated notable successes in its Less-Than-Truckload (LTL) and Intermodal segments, it also faced significant hurdles due to unusual charges and a noticeable softness in demand, particularly within the Truckload segment.

Knight-Swift Reports Q3 2025 Earnings and Revenue Growth

Knight-Swift Transportation Holdings Inc. is a leading freight transportation company in North America, providing a diverse range of services including full truckload, less-than-truckload (LTL), intermodal, and logistics solutions. The company operates one of the largest truckload fleets in the region, leveraging a comprehensive network to serve its clients across the United States and Mexico.

Knight Transportation Declares Quarterly Cash Dividend

On August 6, 2025, Knight-Swift Transportation Holdings Inc.’s board of directors declared a quarterly cash dividend of $0.18 per share, payable to stockholders of record as of September 5, 2025, with payment expected on September 22, 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders.

The most recent analyst rating on (KNX) stock is a Buy with a $62.00 price target. To see the full list of analyst forecasts on Knight Transportation stock, see the KNX Stock Forecast page.