Knight-Swift Transportation Holdings (KNX) Operating Margin (2010 - 2026)
Knight-Swift Transportation Holdings (KNX) posted quarterly Operating Margin of 5.0% for Q2 2026, up 110.0% year-over-year from 2.38% in Q2 2025, and up 223.85% quarter-over-quarter from 1.54% in Q1 2026.
Knight-Swift Transportation Holdings (KNX) Operating Margin (2010 - 2026) Analysis & Trends
Knight-Swift Transportation Holdings' Operating Margin history runs 17 years deep, the most recent figure standing at 5.0% for Q2 2026.
- In Q2 2026, Operating Margin rose 110.0% year-over-year to 5.0%; the TTM figure through Jun 2026 stood at 2.72% (down 130.0% YoY), while the FY2025 annual figure was 2.89%, down 39.0% from the prior year.
- Operating Margin for Q2 2026 stood at 5.0%, up from 1.54% 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.
- The 5-year median for Operating Margin is 4.1% (2023), against an average of 6.09%.
- The sharpest annual moves came in 2023 and 2024: Operating Margin tumbled 1067 bps in 2023, then jumped 324 bps in 2024.
- Knight-Swift Transportation Holdings' Operating Margin stood at 11.62% in 2022, then tumbled by 92 bps to 0.95% in 2023, then surged by 342 bps to 4.18% in 2024, then plunged by 66 bps to 1.43% in 2025, then jumped by 251 bps to 5.0% in 2026.
- Business Quant data shows KNX's Operating Margin at 5.0% in Q2 2026, 1.54% in Q1 2026, and 1.43% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.49 Bn | 42.21 Bn | 1.52 Bn | 29.94% |
| 2 | Xpo | 23.08 Bn | 22.78 Bn | 1.89 Bn | 11.51% |
| 3 | TFI International | 11.47 Bn | 11.26 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 11.33 Bn | 11.14 Bn | 1.77 Bn | 5.00% |
| 5 | Saia | 9.61 Bn | 9.53 Bn | - | 13.09% |
| 6 | Schneider National | 6.15 Bn | 5.63 Bn | 1.00 Bn | 4.55% |
| 7 | Rxo | 3.68 Bn | 3.66 Bn | 302.00 Mn | 0.06% |
| 8 | Arcbest | 3.03 Bn | 2.86 Bn | 1.14 Bn | -1.74% |
| 9 | Werner Enterprises | 2.28 Bn | 2.23 Bn | - | 1.81% |
| 10 | Marten Transport | 1.20 Bn | 1.09 Bn | 184.72 Mn | 3.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.00% |
| 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% |