Saia (SAIA) Operating Margin (2010 - 2026)
Saia's Operating Margin came in at 13.09% for Q2 2026, up 0.93 percentage points from 12.16% a year earlier and up 4.80 percentage points from the prior quarter.
Saia (SAIA) Operating Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Saia reported Operating Margin of 11.04%, down 1.20 percentage points year-over-year; for FY2025, it came in at 10.89%, down 4.14 percentage points from FY2024.
- Operating Margin has declined in each of the last three years, though with a five-year change of +0.99 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 15.02% in FY2024 (-0.96 pp), 15.98% in FY2023 (-0.87 pp), 16.85% in FY2022 (+2.21 pp) and 14.64% in FY2021 (+4.75 pp).
- The five-year range for quarterly Operating Margin is 8.10% (Q4 2025) to 19.58% (Q2 2022).
- Year-over-year, Operating Margin increased in 1 of the last eight quarters, with an average year-over-year change of -2.54 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q3 2021 (a gain of 5.75 percentage points), and the weakest in Q1 2025 (a drop of 6.71 percentage points).
- Business Quant data shows SAIA's Operating Margin at 8.29% (Q1 2026), 8.10% (Q4 2025) and 14.13% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.79 Bn | 165.32 Bn | - | 40.25% |
| 2 | Csx | 89.31 Bn | 85.52 Bn | - | 38.27% |
| 3 | United Parcel Service | 84.09 Bn | 60.98 Bn | - | 4.07% |
| 4 | Canadian Pacific Kansas City | 77.29 Bn | 76.31 Bn | - | 35.35% |
| 5 | Norfolk Southern | 73.22 Bn | 67.86 Bn | - | 32.44% |
| 6 | Fedex | 71.16 Bn | 37.10 Bn | - | 6.20% |
| 7 | Delta Air Lines | 50.19 Bn | 32.37 Bn | - | 7.20% |
| 8 | Old Dominion Freight Line | 39.30 Bn | 38.56 Bn | - | 29.94% |
| 9 | United Airlines Holdings | 31.93 Bn | -24.45 Bn | - | 6.20% |
| 10 | Saia | 9.04 Bn | 8.86 Bn | - | 13.09% |
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% |
Saia Operating Margin 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=operating-margin&ticker=SAIA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "SAIA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=SAIA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();