Knight-Swift Transportation Holdings (KNX) Invested Capital (2010 - 2026)
Knight-Swift Transportation Holdings' Invested Capital was $7.39 billion in Q2 2026, down 18.6% from $9.07 billion a year earlier and down 17.1% from the prior quarter.
Knight-Swift Transportation Holdings (KNX) Invested Capital (2010 - 2026) Analysis & Trends
For FY2025, Invested Capital at Knight-Swift Transportation Holdings came in at $8.94 billion, down 1.6% from FY2024.
- Invested Capital shows a five-year compound annual growth rate of 6.8% (FY2020 to FY2025).
- In earlier years, Invested Capital was $9.08 billion in FY2024 (+2.6%), $8.85 billion in FY2023 (+9.4%), $8.09 billion in FY2022 (-0.1%) and $8.1 billion in FY2021 (+26.0%).
- The Q2 2026 figure marks the lowest quarterly Invested Capital since Q2 2021.
- Compared with a year earlier, Invested Capital has declined for three straight quarters, with an average decline of 2.0% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was Q4 2021 (growth of 26.0%); the worst was Q2 2026 (a decline of 18.6%).
- Per Business Quant data, KNX's Invested Capital in the three quarters before Q2 2026 was $8.91 billion (Q1 2026), $8.94 billion (Q4 2025) and $9.09 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 182.44 Bn | 174.69 Bn | - | 52.34 Bn |
| 2 | Csx | 95.16 Bn | 90.38 Bn | - | 33.19 Bn |
| 3 | United Parcel Service | 82.21 Bn | 59.14 Bn | - | 39.58 Bn |
| 4 | Canadian Pacific Kansas City | 80.42 Bn | 80.14 Bn | - | 51.16 Bn |
| 5 | Norfolk Southern | 77.69 Bn | 72.15 Bn | - | 33.34 Bn |
| 6 | Fedex | 75.32 Bn | 41.51 Bn | - | 56.62 Bn |
| 7 | Delta Air Lines | 54.88 Bn | 37.07 Bn | - | 36.46 Bn |
| 8 | Old Dominion Freight Line | 36.56 Bn | 35.82 Bn | - | 4.57 Bn |
| 9 | United Airlines Holdings | 35.49 Bn | -22.21 Bn | - | 44.15 Bn |
| 10 | Knight-Swift Transportation Holdings | 10.04 Bn | 9.17 Bn | - | 7.43 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.43 Bn |
| Jun 30, 2026 | 7.39 Bn |
| Mar 31, 2026 | 8.91 Bn |
| Dec 31, 2025 | 8.94 Bn |
| Sep 30, 2025 | 9.09 Bn |
| Jun 30, 2025 | 9.07 Bn |
| Mar 31, 2025 | 9.08 Bn |
| Dec 31, 2024 | 9.08 Bn |
| Sep 30, 2024 | 9.07 Bn |
| Jun 30, 2024 | 8.85 Bn |
| Mar 31, 2024 | 8.97 Bn |
| Dec 31, 2023 | 8.85 Bn |
| Sep 30, 2023 | 9.13 Bn |
| Jun 30, 2023 | 8.63 Bn |
| Mar 31, 2023 | 8.12 Bn |
| Dec 31, 2022 | 8.09 Bn |
| Sep 30, 2022 | 8.07 Bn |
| Jun 30, 2022 | 8.02 Bn |
| Mar 31, 2022 | 8.01 Bn |
| Dec 31, 2021 | 8.10 Bn |
Knight-Swift Transportation Holdings Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=KNX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "KNX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=KNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();