Knight-Swift Transportation Holdings (KNX) Return on Invested Capital [ROIC] (2011 - 2026)
Knight-Swift Transportation Holdings' Return on Invested Capital [ROIC] came in at 1.57% for Q2 2026, down 0.96 percentage points from 2.53% a year earlier but up 0.30 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 1.65%, down 0.46 percentage points from FY2024.
- Return on Invested Capital [ROIC] has declined in each of the last three years, with a five-year change of -4.84 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 2.11% in FY2024 (-1.07 pp), 3.18% in FY2023 (-7.00 pp), 10.19% in FY2022 (+0.05 pp) and 10.14% in FY2021 (+3.65 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is 1.24% (Q3 2024) to 11.77% (Q2 2022).
- Year-over-year, Return on Invested Capital [ROIC] has declined for three consecutive quarters, with an average year-over-year change of -0.60 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 3.67 percentage points), and the weakest in Q4 2023 (a drop of 7.21 percentage points).
- Business Quant data shows KNX's Return on Invested Capital [ROIC] at 1.27% (Q1 2026), 1.65% (Q4 2025) and 2.27% (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 | 172.47 Bn | 164.72 Bn | - | 15.71% |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | 12.25% |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | 12.59% |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | 5.96% |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | 7.49% |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 9.67% |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | 10.82% |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | 8.90% |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | 25.01% |
| 10 | Knight-Swift Transportation Holdings | 9.50 Bn | 8.62 Bn | - | 3.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.21% |
| Jun 30, 2026 | 1.57% |
| Mar 31, 2026 | 1.27% |
| Dec 31, 2025 | 1.65% |
| Sep 30, 2025 | 2.27% |
| Jun 30, 2025 | 2.53% |
| Mar 31, 2025 | 2.43% |
| Dec 31, 2024 | 2.09% |
| Sep 30, 2024 | 1.24% |
| Jun 30, 2024 | 1.83% |
| Mar 31, 2024 | 2.05% |
| Dec 31, 2023 | 3.00% |
| Sep 30, 2023 | 4.69% |
| Jun 30, 2023 | 6.40% |
| Mar 31, 2023 | 8.77% |
| Dec 31, 2022 | 10.21% |
| Sep 30, 2022 | 11.61% |
| Jun 30, 2022 | 11.77% |
| Mar 31, 2022 | 10.44% |
| Dec 31, 2021 | 9.20% |
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();