KPIs & Operating Metrics(New)
Growth Metrics

Knight-Swift Transportation Holdings (KNX) Operating Margin (2016 - 2025)

Knight-Swift Transportation Holdings has reported Operating Margin over the past 16 years, most recently at 1.43% for Q4 2025.

  • Quarterly results put Operating Margin at 1.43% for Q4 2025, down 276.0% from a year ago — trailing twelve months through Dec 2025 was 2.89% (down 39.0% YoY), and the annual figure for FY2025 was 2.89%, down 39.0%.
  • Operating Margin for Q4 2025 was 1.43% at Knight-Swift Transportation Holdings, down from 2.61% in the prior quarter.
  • Over the last five years, Operating Margin for KNX hit a ceiling of 18.84% in Q4 2021 and a floor of 0.95% in Q4 2023.
  • Median Operating Margin over the past 5 years was 5.2% (2024), compared with a mean of 8.31%.
  • Biggest five-year swings in Operating Margin: surged 489bps in 2021 and later plummeted -1067bps in 2023.
  • Knight-Swift Transportation Holdings' Operating Margin stood at 18.84% in 2021, then crashed by -38bps to 11.62% in 2022, then crashed by -92bps to 0.95% in 2023, then skyrocketed by 342bps to 4.18% in 2024, then tumbled by -66bps to 1.43% in 2025.
  • The last three reported values for Operating Margin were 1.43% (Q4 2025), 2.61% (Q3 2025), and 3.9% (Q2 2025) per Business Quant data.