Saia (SAIA) Operating Margin (2010 - 2026)
Saia's (SAIA) quarterly Operating Margin came in at 13.09% in Q2 2026, up 93.0% on a YoY basis from 6.78% in Q2 2025, and up 57.98% quarter-over-quarter from 8.29% in Q1 2026.
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Saia (SAIA) Operating Margin (2010 - 2026) Analysis & Trends
Saia (SAIA) has reported Operating Margin for 17 consecutive years, with 13.09% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin rose 93.0% year-over-year to 13.09%; the trailing twelve-month figure through Jun 2026 stood at 11.04% (down 120.0% YoY), and the FY2025 full-year result was 10.89%, down 414.0% from the prior year.
- Operating Margin grew to 13.09% in Q2 2026 per SAIA's latest filing, from 8.29% in the prior quarter.
- Across five years, Operating Margin topped out at 19.58% in Q2 2022 and bottomed at 8.1% in Q4 2025.
- Historically, Operating Margin has averaged 14.2% across 5 years, with a median of 14.93% in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Margin jumped 558 bps in 2022, then sank 671 bps in 2025.
- Over 5 years, Operating Margin stood at 14.14% in 2022, then gained by 6 bps to 15.0% in 2023, then fell by 14 bps to 12.86% in 2024, then plunged by 37 bps to 8.1% in 2025, then surged by 62 bps to 13.09% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 13.09%, 8.29%, and 8.1% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 37.76 Bn | 37.47 Bn | 1.52 Bn | 29.94% |
| 2 | Hunt J B Transport Services | 25.35 Bn | 25.34 Bn | - | 7.42% |
| 3 | Xpo | 21.69 Bn | 21.39 Bn | 1.89 Bn | 11.51% |
| 4 | FedEx Freight Holding Company | 18.67 Bn | 18.67 Bn | - | - |
| 5 | Knight-Swift Transportation Holdings | 11.24 Bn | 11.06 Bn | 1.77 Bn | 5.00% |
| 6 | TFI International | 11.06 Bn | 10.85 Bn | - | 9.62% |
| 7 | Saia | 9.35 Bn | 9.27 Bn | - | 13.09% |
| 8 | Schneider National | 6.01 Bn | 5.48 Bn | 1.00 Bn | 4.55% |
| 9 | Arcbest | 3.05 Bn | 2.88 Bn | 1.14 Bn | -1.74% |
| 10 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | 1.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.09% |
| Mar 31, 2026 | 8.29% |
| Dec 31, 2025 | 8.10% |
| Sep 30, 2025 | 14.13% |
| Jun 30, 2025 | 12.16% |
| Mar 31, 2025 | 8.91% |
| Dec 31, 2024 | 12.86% |
| Sep 30, 2024 | 14.86% |
| Jun 30, 2024 | 16.71% |
| Mar 31, 2024 | 15.62% |
| Dec 31, 2023 | 15.00% |
| Sep 30, 2023 | 16.57% |
| Jun 30, 2023 | 17.31% |
| Mar 31, 2023 | 15.01% |
| Dec 31, 2022 | 14.14% |
| Sep 30, 2022 | 17.59% |
| Jun 30, 2022 | 19.58% |
| Mar 31, 2022 | 15.65% |
| Dec 31, 2021 | 15.78% |
| Sep 30, 2021 | 17.22% |