Knight-Swift Transportation Holdings (KNX) Tax Rate (2010 - 2026)
Knight-Swift Transportation Holdings (KNX) posted Tax Rate of 34.13% for Q2 2026, up 384.8% on a QoQ basis from 7.04% in Q1 2026, and up 493.0% year-over-year from 5.76% in Q2 2025.
Analysis
Knight-Swift Transportation Holdings (KNX) Tax Rate (2010 - 2026) Analysis & Trends
Knight-Swift Transportation Holdings has reported Tax Rate for 17 years, with the latest figure at 34.13% in Q2 2026.
- On a quarterly basis, Tax Rate rose 493.0% year-over-year to 34.13% in Q2 2026; TTM through Jun 2026 was 39.12%, a 1600.0% increase from a year earlier, with the FY2025 full-year figure at 31.23%, up 911.0% from the prior year.
- Tax Rate was 34.13% for Q2 2026 at Knight-Swift Transportation Holdings, up from 7.04% in the prior quarter.
- The five-year high for Tax Rate was 55.11% in Q1 2024, with the low at 13.34% in Q4 2023.
- Average Tax Rate over 5 years is 24.09%, with a median of 25.07% recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 3556 bps in 2023, then soared 3407 bps in 2024.
- Over 5 years, Tax Rate stood at 22.22% in 2022, then sank by 160 bps to 13.34% in 2023, then soared by 201 bps to 13.41% in 2024, then jumped by 61 bps to 21.64% in 2025, then surged by 58 bps to 34.13% in 2026.
- The last three Tax Rate figures came in at 34.13% (Q2 2026), 7.04% (Q1 2026), and 21.64% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 37.50 Bn | 37.21 Bn | 1.52 Bn | 25.00% |
| 2 | Hunt J B Transport Services | 25.20 Bn | 25.20 Bn | - | 25.40% |
| 3 | Xpo | 21.35 Bn | 21.06 Bn | 1.89 Bn | 25.69% |
| 4 | FedEx Freight Holding Company | 18.54 Bn | 18.54 Bn | - | - |
| 5 | Knight-Swift Transportation Holdings | 11.22 Bn | 11.04 Bn | 1.77 Bn | 34.13% |
| 6 | TFI International | 10.92 Bn | 10.71 Bn | - | 24.43% |
| 7 | Saia | 9.27 Bn | 9.18 Bn | - | 24.88% |
| 8 | Schneider National | 5.95 Bn | 5.43 Bn | 1.00 Bn | 24.24% |
| 9 | Arcbest | 3.02 Bn | 2.85 Bn | 1.14 Bn | 34.03% |
| 10 | Werner Enterprises | 2.31 Bn | 2.26 Bn | - | 27.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.13% |
| Mar 31, 2026 | 7.04% |
| Dec 31, 2025 | 21.64% |
| Sep 30, 2025 | 47.00% |
| Jun 30, 2025 | 29.20% |
| Mar 31, 2025 | 25.42% |
| Dec 31, 2024 | 13.41% |
| Sep 30, 2024 | 31.99% |
| Jun 30, 2024 | 37.21% |
| Mar 31, 2024 | 55.11% |
| Dec 31, 2023 | -13.34% |
| Sep 30, 2023 | -2.08% |
| Jun 30, 2023 | 25.88% |
| Mar 31, 2023 | 23.99% |
| Dec 31, 2022 | 22.22% |
| Sep 30, 2022 | 25.22% |
| Jun 30, 2022 | 24.73% |
| Mar 31, 2022 | 24.93% |
| Dec 31, 2021 | 22.22% |
| Sep 30, 2021 | 22.85% |