Knight-Swift Transportation Holdings Inc. (KNX)

KNX Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	6,612	6,308	6,508	5,532	4,369
Other Revenue	798.12	833.6	920.42	466.13	304.66
Revenue	7,410	7,142	7,429	5,998	4,674
Revenue Growth (YoY)	3.76%	-3.86%	23.85%	28.33%	-3.51%
Cost of Revenue	5,606	5,177	5,018	4,030	3,218
Gross Profit	1,804	1,964	2,411	1,968	1,456
Selling, General & Admin	415.65	609.54	455.92	275.38	192.84
Other Operating Expenses	311.18	336.73	295.24	223.48	189.92
Operating Expenses	1,520	1,681	1,411	1,077	889.43
Operating Income	284.03	283.13	999.75	891.2	566.77
Interest Expense	-171.16	-127.1	-50.8	-21.14	-17.31
Interest & Investment Income	16.56	21.58	5.44	1.17	1.93
Other Non Operating Income (Expenses)	60.26	37.66	25.44	28.91	11.25
EBT Excluding Unusual Items	189.69	215.27	979.83	900.14	562.64
Merger & Restructuring Charges	-0.6	-5.6	-	-	-
Gain (Loss) on Sale of Investments	-12.11	-	-51.4	-	-
Gain (Loss) on Sale of Assets	-	64.65	92.89	74.8	9.71
Asset Writedown	-19.01	-2.24	-0.81	-0.3	-5.34
Legal Settlements	-2.56	-	-	-	-
Other Unusual Items	-6.36	-1.79	-	-	-6.7
Pretax Income	149.05	270.29	1,021	974.64	560.31
Income Tax Expense	32.96	54.77	249.39	230.89	149.68
Earnings From Continuing Operations	116.09	215.52	771.12	743.75	410.64
Minority Interest in Earnings	1.54	1.63	0.21	-0.36	-0.63
Net Income	117.63	217.15	771.33	743.39	410
Net Income to Common	117.63	217.15	771.33	743.39	410
Net Income Growth	-45.83%	-71.85%	3.76%	81.31%	32.60%
Shares Outstanding (Basic)	162	161	162	166	170
Shares Outstanding (Diluted)	162	162	163	167	171
Shares Change (YoY)	0.21%	-0.85%	-2.30%	-2.05%	-0.93%
EPS (Basic)	0.73	1.35	4.75	4.48	2.42
EPS (Diluted)	0.73	1.34	4.73	4.45	2.40
EPS Growth	-45.73%	-71.67%	6.29%	85.42%	33.33%
Free Cash Flow	233.84	89.23	634.75	654.69	398.1
Free Cash Flow Per Share	1.44	0.55	3.89	3.92	2.33
Dividend Per Share	0.640	0.560	0.480	0.380	0.320
Dividend Growth	14.29%	16.67%	26.32%	18.75%	33.33%
Gross Margin	24.34%	27.51%	32.45%	32.81%	31.16%
Operating Margin	3.83%	3.96%	13.46%	14.86%	12.13%
Profit Margin	1.59%	3.04%	10.38%	12.39%	8.77%
Free Cash Flow Margin	3.16%	1.25%	8.54%	10.92%	8.52%
EBITDA	1,077	1,018	1,660	1,469	1,073
EBITDA Margin	14.53%	14.26%	22.34%	24.49%	22.97%
D&A For EBITDA	792.8	735.1	659.82	577.9	506.67
EBIT	284.03	283.13	999.75	891.2	566.77
EBIT Margin	3.83%	3.96%	13.46%	14.86%	12.13%
Effective Tax Rate	22.11%	20.26%	24.44%	23.69%	26.71%
Revenue as Reported	7,410	7,142	7,429	5,998	4,674

Source: S&P Capital IQ. Standard template. Financial Sources.