KNX financial statements

The full income statement, balance sheet, and cash-flow statement for Knight-Swift Transportation Holdings Inc. (KNX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-03 161.6M2024-06 161.9M2024-09 161.9M2024-12 162.0M2025-03 162.1M2025-06 162.3M2025-09 162.3M2025-12 162.4M2026-03 162.5M+0.5% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	7.47B YoY+0.8%	7.41B YoY+3.8%	7.14B YoY-3.9%	7.43B YoY+23.9%	6.00B YoY+28.3%
Amortization of intangibles	77.0M YoY+2.3%	75.3M YoY+7.3%	70.1M YoY+8.2%	64.8M YoY+17.3%	55.3M YoY+20.5%
Operating income	216M YoY-11.2%	243M YoY-28.0%	338M YoY-69.0%	1.09B YoY+13.1%	966M YoY+71.1%
Interest expense	162M YoY-5.5%	171M YoY+34.7%	127M YoY+150.2%	50.8M YoY+140.3%	21.1M YoY+22.1%
Interest & investment income	10.9M YoY-34.1%	16.6M YoY-23.3%	21.6M YoY+296.7%	5.44M YoY+363.7%	1.17M YoY-39.2%
Other non-operating income	30.1M YoY-50.0%	60.3M YoY+60.0%	37.7M YoY+245.1%	-26.0M YoY-189.8%	28.9M YoY+156.8%
Pre-tax income	95.3M YoY-36.0%	149M YoY-44.9%	270M YoY-73.5%	1.02B YoY+4.7%	975M YoY+73.9%
Income tax	29.8M YoY-9.7%	33.0M YoY-39.8%	54.8M YoY-78.0%	249M YoY+8.0%	231M YoY+54.3%
	65.9M YoY-43.9%	118M YoY-45.8%	217M YoY-71.8%	771M YoY+3.8%	743M YoY+81.3%
Net income to non-controlling interest	-392K YoY+74.5%	-1.54M YoY+5.4%	-1.63M YoY-686.5%	-207K YoY-157.5%	360K YoY-43.1%
	$0.41 YoY-43.8%	$0.73 YoY-45.5%	$1.34 YoY-71.7%	$4.73 YoY+6.3%	$4.45 YoY+85.4%
EPS (basic)	$0.41 YoY-43.8%	$0.73 YoY-45.9%	$1.35 YoY-71.6%	$4.75 YoY+6.0%	$4.48 YoY+85.1%
	162M YoY+0.3%	162M YoY+0.3%	161M YoY-0.7%	162M YoY-2.2%	166M YoY-2.3%
	163M YoY+0.3%	162M YoY+0.2%	162M YoY-0.8%	163M YoY-2.3%	167M YoY-2.0%
Dividends per share	$0.72 YoY+12.5%	$0.64 YoY+14.3%	$0.56 YoY+16.7%	$0.48 YoY+26.3%	$0.38 YoY+18.8%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	888M YoY-38.7%	1.45B YoY-15.2%	1.71B YoY+14.4%	1.49B YoY+5.6%	1.41B YoY+53.2%
Cash & equivalents	220M YoY+1.0%	218M YoY+29.5%	169M YoY-14.3%	197M YoY-24.6%	261M YoY+66.6%
Accounts receivable	305M YoY-62.0%	804M YoY-9.6%	889M YoY+5.5%	842M YoY-7.6%	911M YoY+57.5%
Prepaid expenses	114M YoY-7.4%	123M YoY-17.2%	149M YoY+37.6%	108M YoY+19.4%	90.5M YoY+26.3%
Other current assets	36.9M YoY+29.4%	28.5M YoY-35.1%	43.9M YoY+15.6%	38.0M YoY+44.5%	26.3M YoY+25.4%
	12.0B YoY-5.9%	12.7B YoY-1.3%	12.9B YoY+17.5%	11.0B YoY+2.8%	10.7B YoY+25.8%
Property, plant & equipment	4.72B YoY+0.3%	4.70B YoY+1.9%	4.62B YoY+20.4%	3.84B YoY+7.9%	3.56B YoY+18.8%
Operating lease right-of-use	315M YoY-15.6%	373M YoY-23.1%	485M YoY+152.0%	192M YoY+30.4%	148M YoY+30.2%
Goodwill	3.93B YoY-0.7%	3.96B YoY+2.9%	3.85B YoY+9.4%	3.52B YoY+0.1%	3.52B YoY+20.3%
Intangible assets	1.94B YoY-5.9%	2.06B YoY-0.1%	2.06B YoY+15.9%	1.78B YoY-3.0%	1.83B YoY+31.8%
Other non-current assets	165M YoY+7.0%	154M YoY+1.0%	153M YoY+13.4%	135M YoY-29.8%	192M YoY+51.9%
	1.03B YoY-39.6%	1.71B YoY-6.5%	1.83B YoY+104.2%	894M YoY-16.8%	1.07B YoY+28.0%
Accounts payable	201M YoY-39.1%	330M YoY-7.2%	355M YoY+60.8%	221M YoY-1.8%	225M YoY+122.6%
Accrued liabilities	66.6M YoY+4.0%	64.1M YoY-70.9%	220M YoY+170.3%	81.5M YoY-36.6%	129M YoY+44.6%
Short-term & current debt	194M YoY-32.6%	288M YoY-37.3%	460M YoY+543.3%	71.5M YoY-72.8%	262M YoY+399.1%
Current lease liability	128M YoY+5.7%	121M YoY-16.7%	145M YoY+292.1%	37.0M YoY+4.6%	35.3M YoY-25.6%
Finance lease liability (current)	104M YoY-25.7%	140M YoY+15.1%	122M YoY+107.4%	58.7M	—
	4.86B YoY-12.9%	5.58B YoY-3.2%	5.77B YoY+44.3%	4.00B YoY-2.8%	4.11B YoY+58.4%
Long-term debt	1.74B YoY-4.5%	1.83B YoY+12.1%	1.63B YoY+50.7%	1.08B YoY-28.4%	1.51B YoY+196.7%
Non-current lease liability	208M YoY-24.3%	275M YoY-26.1%	371M YoY+147.6%	150M YoY+39.4%	108M YoY+54.1%
Operating lease liability (total)	335M YoY-15.2%	395M YoY-23.4%	516M YoY+176.2%	187M YoY+30.8%	143M YoY+21.8%
Finance lease liability (total)	606M YoY+1.5%	597M YoY+13.0%	529M YoY+31.2%	403M YoY+31.6%	306M YoY+60.4%
Finance lease liability	502M YoY+9.8%	457M YoY+12.3%	407M YoY+18.2%	344M YoY+34.4%	256M YoY+85.3%
Deferred tax liabilities	904M YoY-1.7%	920M YoY-3.4%	952M YoY+4.8%	908M YoY+3.8%	875M YoY+7.2%
Other non-current liabilities	205M YoY-2.4%	210M YoY+165.7%	79.1M YoY+556.4%	12.0M YoY+1.9%	11.8M YoY-75.6%
	7.08B YoY-0.4%	7.11B YoY+0.3%	7.09B YoY+2.1%	6.95B YoY+6.3%	6.53B YoY+11.3%
Additional paid-in capital	4.48B YoY+0.8%	4.45B YoY+0.4%	4.43B YoY+0.8%	4.39B YoY+1.0%	4.35B YoY+1.2%
Retained earnings	2.60B YoY-2.3%	2.66B YoY+0.0%	2.66B YoY+4.2%	2.55B YoY+17.1%	2.18B YoY+39.2%
Accumulated other comprehensive income	-716K YoY-62.0%	-442K YoY+46.7%	-830K YoY+65.9%	-2.44M YoY-332.7%	-563K
Non-controlling interest	9.41M YoY+20.1%	7.84M YoY-53.0%	16.7M YoY+62.4%	10.3M YoY-0.2%	10.3M YoY+369.8%
Total equity incl. non-controlling	7.09B YoY-0.4%	7.12B YoY+0.2%	7.10B YoY+2.1%	6.96B YoY+6.3%	6.54B YoY+11.4%
Total liabilities & equity	12.0B YoY-5.9%	12.7B YoY-1.3%	12.9B YoY+17.5%	11.0B YoY+2.8%	10.7B YoY+25.8%
	162M YoY+0.3%	162M YoY+0.3%	161M YoY+0.4%	161M YoY-3.2%	166M YoY-0.3%
	162M YoY+0.3%	162M YoY+0.3%	161M YoY+0.4%	161M YoY-3.2%	166M YoY-0.3%
	162M YoY+0.3%	162M YoY+0.3%	161M YoY+0.3%	161M YoY-3.2%	166M YoY+0.3%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.27B YoY+58.5%	799M YoY-31.2%	1.16B YoY-19.1%	1.44B YoY+20.6%	1.19B YoY+29.4%
Depreciation & amortization	788M YoY-0.6%	793M YoY+7.8%	735M YoY+11.4%	660M YoY+14.2%	578M YoY+14.1%
Intangible amortization	77.0M YoY+2.3%	75.3M YoY+7.3%	70.1M YoY+8.2%	64.8M YoY+17.3%	55.3M YoY+20.5%
Deferred income taxes	-15.6M YoY+19.0%	-19.3M YoY-284.2%	10.5M YoY-66.3%	31.1M YoY-22.0%	39.9M YoY-13.6%
Change in receivables	—	—	—	—	215M YoY+184.1%
Change in payables	-130M YoY-979.3%	14.8M YoY+17.3%	12.6M YoY+151.0%	-24.8M YoY-133.8%	73.4M YoY+878.3%
Other operating activities	17.0M YoY-59.9%	42.4M YoY+434.0%	-12.7M YoY+32.6%	-18.8M YoY+22.8%	-24.4M YoY-618.7%
	-520M YoY+31.4%	-759M YoY+38.2%	-1.23B YoY-90.0%	-646M YoY+64.4%	-1.82B YoY-277.9%
Capital expenditure	1.07M YoY+143.4%	438K YoY-47.4%	833K YoY+52.8%	545K YoY-60.1%	1.37M YoY+183.0%
Free cash flow	1.27B YoY+58.5%	799M YoY-31.2%	1.16B YoY-19.1%	1.44B YoY+20.7%	1.19B YoY+29.3%
Acquisitions	0.00 YoY-100.0%	185M YoY-59.5%	458M YoY+1364.6%	31.3M YoY-97.9%	1.50B YoY+3096.3%
Purchases of investments	—	—	—	—	25.0M
Proceeds from sale of PP&E	292M YoY+15.0%	254M YoY-13.2%	293M YoY+59.5%	183M YoY-27.2%	252M YoY+89.2%
Other investing activities	5.48M YoY-35.5%	8.50M YoY+230.9%	-6.49M YoY-53.3%	-4.23M YoY-183.7%	5.06M YoY-88.0%
	-808M YoY-479.5%	-139M YoY-192.5%	151M YoY+120.0%	-754M YoY-196.8%	779M YoY+275.6%
Long-term debt issued	1.00B YoY+566.7%	150M YoY-40.0%	250M	0.00 YoY-100.0%	1.20B
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	0.00	0.00	0.00 YoY-100.0%	300M YoY+424.6%	57.2M YoY-68.2%
Dividends paid	117M YoY+12.8%	104M YoY+14.3%	91.1M YoY+16.4%	78.3M YoY+23.2%	63.5M YoY+16.3%
Other financing activities	-8.20M YoY+35.4%	-12.7M YoY+49.5%	-25.1M YoY+20.7%	-31.7M YoY-120.8%	-14.4M YoY-6.2%
Net change in cash	-61.5M YoY+38.2%	-99.5M YoY-217.9%	84.3M YoY+138.8%	35.3M YoY-76.9%	153M YoY+3185.2%
Interest paid	161M YoY-7.5%	174M YoY+47.7%	118M YoY+141.6%	48.9M YoY+158.1%	18.9M YoY+8.9%
Income taxes paid	50.3M YoY+406.7%	9.93M YoY-75.4%	40.4M YoY-86.0%	289M YoY+73.1%	167M YoY+108.8%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	8.49B YoY-1.2%	8.59B YoY-7.7%	9.30B YoY+10.5%	8.42B YoY-16.8%	10.1B YoY+46.2%
P/E	128.8× YoY+76.3%	73.0× YoY+195.6%	24.7× YoY+157.4%	9.6× YoY-29.5%	13.6× YoY-19.4%
P/S	1.1× YoY-1.9%	1.2× YoY-13.3%	1.3× YoY+19.2%	1.1× YoY-33.5%	1.7× YoY+13.9%
P/B	1.2× YoY-0.8%	1.2× YoY-7.6%	1.3× YoY+5.7%	1.2× YoY-20.2%	1.6× YoY+31.4%
P/FCF	6.7× YoY-37.6%	10.8× YoY+39.8%	7.7× YoY+34.4%	5.7× YoY-32.8%	8.5× YoY+13.0%
	0.78% YoY-43.3%	1.4% YoY-66.2%	4.0% YoY-61.1%	10.4% YoY+41.9%	7.3% YoY+24.0%
	14.9% YoY+60.3%	9.3% YoY-28.5%	13.0% YoY-25.6%	17.5% YoY+48.8%	11.7% YoY-11.5%
	1.4% YoY+14.1%	1.2% YoY+24.2%	0.97% YoY+6.1%	0.92% YoY+46.9%	0.62% YoY-18.5%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: KNX's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all KNX filings on SEC EDGAR → Not investment advice.