Knight-Swift Transportation Holdings (KNX) Return on Invested Capital [ROIC] (2011 - 2026)
Knight-Swift Transportation Holdings' Return on Invested Capital [ROIC] came in at 1.64% for Q2 2026, down 0.98 percentage points from 2.61% a year earlier but up 0.27 percentage points from the prior quarter.
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Analysis
Knight-Swift Transportation Holdings (KNX) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Knight-Swift Transportation Holdings' Return on Invested Capital [ROIC] was 1.73%, down 0.42 percentage points from FY2024.
- Return on Invested Capital [ROIC] has declined in each of the last four years, with a five-year change of -4.86 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 2.15% in FY2024 (-1.05 pp), 3.20% in FY2023 (-7.18 pp), 10.38% in FY2022 (-0.10 pp) and 10.48% in FY2021 (+3.88 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is 1.26% (Q3 2024) to 11.99% (Q2 2022).
- Year-over-year, Return on Invested Capital [ROIC] has declined for three consecutive quarters, with an average year-over-year change of -0.58 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q2 2022 (a gain of 3.78 percentage points), and the weakest in Q4 2023 (a drop of 7.27 percentage points).
- Business Quant data shows KNX's Return on Invested Capital [ROIC] at 1.37% (Q1 2026), 1.78% (Q4 2025) and 2.40% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 163.83 Bn | 158.36 Bn | - | 15.51% |
| 2 | Csx | 87.05 Bn | 83.25 Bn | - | 11.65% |
| 3 | United Parcel Service | 79.39 Bn | 56.28 Bn | - | 12.85% |
| 4 | Canadian Pacific Kansas City | 74.55 Bn | 73.55 Bn | - | 5.85% |
| 5 | Norfolk Southern | 70.71 Bn | 65.35 Bn | - | 9.62% |
| 6 | Fedex | 68.56 Bn | 34.51 Bn | - | 7.44% |
| 7 | Delta Air Lines | 54.02 Bn | 36.20 Bn | - | 11.82% |
| 8 | Old Dominion Freight Line | 37.04 Bn | 36.30 Bn | - | 24.14% |
| 9 | United Airlines Holdings | 35.47 Bn | -20.90 Bn | - | 9.15% |
| 10 | Knight-Swift Transportation Holdings | 10.41 Bn | 9.59 Bn | - | 1.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.64% |
| Mar 31, 2026 | 1.37% |
| Dec 31, 2025 | 1.78% |
| Sep 30, 2025 | 2.40% |
| Jun 30, 2025 | 2.61% |
| Mar 31, 2025 | 2.50% |
| Dec 31, 2024 | 2.14% |
| Sep 30, 2024 | 1.26% |
| Jun 30, 2024 | 1.86% |
| Mar 31, 2024 | 2.08% |
| Dec 31, 2023 | 3.06% |
| Sep 30, 2023 | 4.82% |
| Jun 30, 2023 | 6.48% |
| Mar 31, 2023 | 8.79% |
| Dec 31, 2022 | 10.33% |
| Sep 30, 2022 | 11.81% |
| Jun 30, 2022 | 11.99% |
| Mar 31, 2022 | 10.72% |
| Dec 31, 2021 | 9.53% |
| Sep 30, 2021 | 8.73% |
API Access
Knight-Swift Transportation Holdings Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=KNX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=KNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();