Knight-Swift Transportation Holdings (KNX) Operating Margin (2010 - 2026)
Knight-Swift Transportation Holdings' quarterly Operating Margin came in at 1.54% in Q1 2026, down 211.0% year-on-year from 1.39% in Q1 2025, and up 8.4% quarter-over-quarter from 1.43% in Q4 2025.
Knight-Swift Transportation Holdings has reported Operating Margin for 17 years, with the latest figure at 1.54% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 211.0% year-over-year to 1.54%; the trailing twelve-month figure through Mar 2026 stood at 2.37% (down 153.0% YoY), and the FY2025 full-year result was 2.89%, down 39.0% from the prior year.
- Operating Margin for Q1 2026 stood at 1.54%, up from 1.43% in the prior quarter.
- The five-year high for Operating Margin was 16.61% in Q2 2022, with the low at 0.95% in Q4 2023.
- Average Operating Margin over 5 years is 6.15%, with a median of 4.01% recorded in 2023.
- Year-over-year, Operating Margin plunged 1067 bps in 2023 and jumped 324 bps in 2024.
- Tracing KNX's Operating Margin over 5 years: stood at 11.62% in 2022, then tumbled by 92 bps to 0.95% in 2023, then jumped by 342 bps to 4.18% in 2024, then plunged by 66 bps to 1.43% in 2025, then increased by 8 bps to 1.54% in 2026.
- The last three Operating Margin figures came in at 1.54% (Q1 2026), 1.43% (Q4 2025), and 2.61% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 23.78% |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 8.30% |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 8.29% |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 1.54% |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 2.39% |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | -1.96% |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 0.34% |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 0.49% |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | -6.29% |
| 10 | Heartland Express | 1.20 Bn | 1.16 Bn | 167.03 Mn | -1.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.54% |
| Dec 31, 2025 | 1.43% |
| Sep 30, 2025 | 2.61% |
| Jun 30, 2025 | 3.90% |
| Mar 31, 2025 | 3.65% |
| Dec 31, 2024 | 4.18% |
| Sep 30, 2024 | 4.34% |
| Jun 30, 2024 | 3.44% |
| Mar 31, 2024 | 1.13% |
| Dec 31, 2023 | 0.95% |
| Sep 30, 2023 | 4.01% |
| Jun 30, 2023 | 6.05% |
| Mar 31, 2023 | 8.85% |
| Dec 31, 2022 | 11.62% |
| Sep 30, 2022 | 13.99% |
| Jun 30, 2022 | 16.61% |
| Mar 31, 2022 | 16.32% |
| Dec 31, 2021 | 18.84% |
| Sep 30, 2021 | 16.44% |
| Jun 30, 2021 | 14.53% |
| Mar 31, 2021 | 13.27% |
| Dec 31, 2020 | 15.23% |
| Sep 30, 2020 | 13.67% |
| Jun 30, 2020 | 9.63% |
| Mar 31, 2020 | 9.08% |
| Dec 31, 2019 | 5.65% |
| Sep 30, 2019 | 8.58% |
| Jun 30, 2019 | 8.74% |
| Mar 31, 2019 | 9.66% |
| Dec 31, 2018 | 10.89% |
| Sep 30, 2018 | 7.90% |
| Jun 30, 2018 | 6.88% |
| Mar 31, 2018 | 5.56% |
| Dec 31, 2017 | 32.95% |
| Sep 30, 2017 | 0.81% |
| Jun 30, 2017 | 6.68% |
| Mar 31, 2017 | 5.57% |
| Dec 31, 2016 | 7.77% |
| Sep 30, 2016 | 8.58% |
| Jun 30, 2016 | 9.12% |
| Mar 31, 2016 | 8.63% |
| Dec 31, 2015 | 11.17% |
| Sep 30, 2015 | 7.04% |
| Jun 30, 2015 | 9.30% |
| Mar 31, 2015 | 7.39% |
| Dec 31, 2014 | 11.63% |
| Sep 30, 2014 | 9.06% |
| Jun 30, 2014 | 8.74% |
| Mar 31, 2014 | 4.58% |
| Dec 31, 2013 | 9.54% |
| Sep 30, 2013 | 8.18% |
| Jun 30, 2013 | 9.74% |
| Mar 31, 2013 | 7.10% |
| Dec 31, 2012 | 11.07% |
| Sep 30, 2012 | 7.78% |
| Jun 30, 2012 | 9.58% |
| Mar 31, 2012 | 6.74% |
| Dec 31, 2011 | 11.27% |
| Sep 30, 2011 | 10.38% |
| Jun 30, 2011 | 8.53% |
| Mar 31, 2011 | 6.16% |
| Dec 31, 2010 | 9.81% |
| Sep 30, 2010 | 10.83% |
| Jun 30, 2010 | 8.31% |