KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC.

Financials Knight-Swift Transportation Holdings Inc.

Equities

KNX

US4990491049

Ground Freight & Logistics

Market Closed - Nyse Other stock markets 04:00:02 2024-05-06 pm EDT			5-day change	1st Jan Change
47.56 ^USD	+1.04%		+1.49%	-17.50%

May. 01	Knight-Swift Transportation Keeps Quarterly Dividend at $0.16 a Share, Payable June 24 to Stockholders of Record June 10	MT
May. 01	Knight-Swift Transportation Holdings Inc. Declares Quarterly Cash Dividend, Payable on June 24, 2024	CI

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	6,116	7,102	10,113	8,422	9,303	7,607	-	-
Enterprise Value (EV) ¹	6,875	7,859	11,947	9,709	11,291	9,902	9,563	9,002
P/E ratio	19.9 x	17.4 x	13.7 x	11.1 x	43 x	43 x	17.6 x	14.4 x
Yield	0.67%	0.77%	0.62%	0.92%	0.97%	1.25%	1.35%	1.42%
Capitalization / Revenue	1.26 x	1.52 x	1.69 x	1.13 x	1.3 x	1 x	0.92 x	0.87 x
EV / Revenue	1.42 x	1.68 x	1.99 x	1.31 x	1.58 x	1.3 x	1.16 x	1.03 x
EV / EBITDA	7.39 x	7.13 x	7.73 x	5.54 x	10.3 x	8.67 x	6.49 x	5.27 x
EV / FCF	25.5 x	16.3 x	17 x	15.3 x	29.5 x	36.9 x	16.8 x	14.1 x
FCF Yield	3.92%	6.13%	5.88%	6.54%	3.39%	2.71%	5.94%	7.1%
Price to Book	1.09 x	1.22 x	1.56 x	1.21 x	1.31 x	1.06 x	1.02 x	0.95 x
Nbr of stocks (in thousands)	170,646	169,832	165,957	160,696	161,369	161,611	-	-
Reference price ²	35.84	41.82	60.94	52.41	57.65	47.07	47.07	47.07
Announcement Date	1/29/20	1/27/21	1/26/22	1/26/23	1/24/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	4,844	4,674	5,998	7,429	7,142	7,627	8,258	8,774
EBITDA ¹	929.7	1,102	1,546	1,753	1,100	1,142	1,472	1,708
EBIT ¹	509.6	640.8	1,023	1,158	434.6	400.6	682.1	886.6
Operating Margin	10.52%	13.71%	17.06%	15.59%	6.09%	5.25%	8.26%	10.1%
Earnings before Tax (EBT) ¹	414	560.3	974.6	1,021	270.3	210.5	560.6	692.4
Net income ¹	309.2	410	743.4	771.3	217.1	178.7	421.4	522.1
Net margin	6.38%	8.77%	12.39%	10.38%	3.04%	2.34%	5.1%	5.95%
EPS ²	1.800	2.400	4.450	4.730	1.340	1.095	2.675	3.260
Free Cash Flow ¹	269.8	481.8	702.9	635.3	382.7	268	567.8	638.7
FCF margin	5.57%	10.31%	11.72%	8.55%	5.36%	3.51%	6.88%	7.28%
FCF Conversion (EBITDA)	29.01%	43.73%	45.47%	36.24%	34.8%	23.46%	38.56%	37.4%
FCF Conversion (Net income)	87.24%	117.5%	94.55%	82.36%	176.23%	150%	134.75%	122.33%
Dividend per Share ²	0.2400	0.3200	0.3800	0.4800	0.5600	0.5889	0.6362	0.6671
Announcement Date	1/29/20	1/27/21	1/26/22	1/26/23	1/24/24	-	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2
Net sales ¹	1,817	1,827	1,961	1,897	1,744	1,637	1,553	2,020	1,932	1,822	1,867	1,943	1,964	1,950	2,053
EBITDA ¹	500.8	465.2	487.5	445.7	370.8	319.6	271	305	222.8	233.4	265.1	279.1	306.1	328.4	370.3
EBIT ¹	360.3	320.1	340	279.1	218.7	163.7	114.7	109.5	46.75	51.49	90.3	107.4	137.8	136.2	179.7
Operating Margin	19.83%	17.52%	17.34%	14.71%	12.54%	10%	7.38%	5.42%	2.42%	2.83%	4.84%	5.53%	7.01%	6.99%	8.75%
Earnings before Tax (EBT) ¹	327.3	277.5	291.5	260.5	191	136.4	84.86	58.68	-9.699	-6.667	57.02	76.18	104.9	107.6	143.8
Net income ¹	254.6	208.3	219.5	194.8	148.7	104.3	63.33	60.19	-10.66	-2.635	42.72	57.15	78.35	81.27	108.6
Net margin	14.01%	11.4%	11.19%	10.27%	8.53%	6.37%	4.08%	2.98%	-0.55%	-0.14%	2.29%	2.94%	3.99%	4.17%	5.29%
EPS ²	1.520	1.250	1.350	1.210	0.9200	0.6400	0.3900	0.3700	-0.0700	-0.0200	0.2660	0.3200	0.4420	0.4680	0.6767
Dividend per Share ²	0.1000	0.1200	0.1200	0.1200	0.1200	0.1400	0.1400	0.1400	0.1400	0.1600	0.1425	0.1425	0.1425	0.0605	0.0605
Announcement Date	1/26/22	4/20/22	7/20/22	10/19/22	1/26/23	4/20/23	7/20/23	10/19/23	1/24/24	4/24/24	-	-	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	759	757	1,834	1,287	1,988	2,295	1,955	1,395
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	0.8165 x	0.6871 x	1.186 x	0.7341 x	1.808 x	2.009 x	1.328 x	0.8165 x
Free Cash Flow ¹	270	482	703	635	383	268	568	639
ROE (net income / shareholders' equity)	6.71%	8.08%	12.7%	12.2%	3.97%	2.8%	6.27%	8.38%
ROA (Net income/ Total Assets)	4.61%	5.57%	8.24%	7.6%	2.34%	1.54%	3.1%	4.5%
Assets ¹	6,710	7,366	9,018	10,147	9,279	11,638	13,613	11,603
Book Value Per Share ²	32.90	34.40	39.10	43.20	43.90	44.30	46.30	49.50
Cash Flow per Share ²	4.880	5.880	7.410	8.800	7.180	5.440	7.240	9.610
Capex ¹	570	522	535	801	1,072	726	763	643
Capex / Sales	11.76%	11.16%	8.93%	10.78%	15%	9.52%	9.23%	7.33%
Announcement Date	1/29/20	1/27/21	1/26/22	1/26/23	1/24/24	-	-	-

¹USD in Million²USD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Knight-Swift Transportation Holdings Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

47.07 USD

Average target price

56.83 USD

Spread / Average Target

+20.74%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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