Knight-Swift Transportation Holdings
Market Cap
US$6.3b
Last Updated
2019/11/20 00:41 UTC
Data Sources
Company Financials +
Executive Summary
Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in the United States, Mexico, and Canada.
Snowflake
Fundamentals
Adequate balance sheet and fair value.
Similar Companies
Share Price & News
How has Knight-Swift Transportation Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KNX has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.3%
KNX
-0.2%
US Transportation
0.9%
US Market
1 Year Return
12.5%
KNX
18.7%
US Transportation
16.8%
US Market
Return vs Industry: KNX underperformed the US Transportation industry which returned 18.7% over the past year.
Return vs Market: KNX underperformed the US Market which returned 16.8% over the past year.
Shareholder returns
| KNX | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.3% | -0.2% | 0.9% |
| 30 Day | 0.2% | 2.8% | 4.5% |
| 90 Day | 8.5% | 3.1% | 6.2% |
| 1 Year | 13.3%12.5% | 20.8%18.7% | 19.4%16.8% |
| 3 Year | 7.2%5.0% | 67.8%59.8% | 47.5%38.0% |
| 5 Year | 16.8%12.5% | 49.9%20.0% | 62.0%44.1% |
Price Volatility Vs. Market
How volatile is Knight-Swift Transportation Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Is It Too Late To Consider Buying Knight-Swift Transportation Holdings Inc. (NYSE:KNX)?2 weeks ago | Simply Wall St
Is Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Struggling With Its 6.8% Return On Capital Employed?Valuation
Is Knight-Swift Transportation Holdings undervalued compared to its fair value and its price relative to the market?
16.19x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KNX ($36.91) is trading above our estimate of fair value ($31.03)
Significantly Below Fair Value: KNX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KNX is good value based on its PE Ratio (16.2x) compared to the Transportation industry average (18.9x).
PE vs Market: KNX is good value based on its PE Ratio (16.2x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: KNX is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: KNX is good value based on its PB Ratio (1.1x) compared to the US Transportation industry average (2.3x).
Next Steps
Future Growth
How is Knight-Swift Transportation Holdings forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
5.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KNX's forecast earnings growth (5.1% per year) is above the savings rate (2.7%).
Earnings vs Market: KNX's earnings (5.1% per year) are forecast to grow slower than the US market (14.4% per year).
High Growth Earnings: KNX's earnings are forecast to grow, but not significantly.
Revenue vs Market: KNX's revenue (1.2% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: KNX's revenue (1.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KNX's Return on Equity is forecast to be low in 3 years time (6.8%).
Next Steps
Past Performance
How has Knight-Swift Transportation Holdings performed over the past 5 years?
39.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KNX has high quality earnings.
Growing Profit Margin: KNX's current net profit margins (7.8%) are lower than last year (13.5%).
Past Earnings Growth Analysis
Earnings Trend: KNX's earnings have grown significantly by 39.9% per year over the past 5 years.
Accelerating Growth: KNX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KNX had negative earnings growth (-45%) over the past year, making it difficult to compare to the Transportation industry average (-45%).
Return on Equity
High ROE: KNX's Return on Equity (7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Knight-Swift Transportation Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: KNX's short term assets ($901.0M) exceeds its short term liabilities ($696.8M)
Long Term Liabilities: KNX's short term assets ($901.0M) do not cover its long term liabilities (2.0B)
Debt to Equity History and Analysis
Debt Level: KNX's debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: KNX's debt to equity ratio has increased from 6.1% to 15.3% over the past 5 years.
Debt Coverage: KNX's debt is well covered by operating cash flow (106.3%).
Interest Coverage: KNX's interest payments on its debt are well covered by EBIT (19.2x coverage).
Balance Sheet
Inventory Level: KNX has a high level of physical assets or inventory.
Debt Coverage by Assets: KNX's debt is covered by short term assets (assets are 1x debt).
Next Steps
Dividend
What is Knight-Swift Transportation Holdings's current dividend yield, its reliability and sustainability?
0.65%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Knight-Swift Transportation Holdings before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: KNX's dividend (0.65%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: KNX's dividend (0.65%) is low compared to the top 25% of dividend payers in the US market (3.68%).
Stability and Growth of Payments
Stable Dividend: KNX is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: KNX is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: KNX is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KNX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of Knight-Swift Transportation Holdings's salary, the management and board of directors tenure and is there insider trading?
2.8yrs
Average management tenure
CEO
Dave Jackson (43yo)
4.8yrs
Tenure
US$5,186,587
Compensation
Mr. David A. Jackson, also known as Dave, has been President and Chief Executive Officer at Swift Transportation Company since September 7, 2017. Mr. Jackson has been the Chief Executive Officer and Presid ...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD5.19M) is about average for companies of similar size in the US market ($USD6.77M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
2.8yrs
Average Tenure
46yo
Average Age
Experienced Management: KNX's management team is considered experienced (2.8 years average tenure).
Board Age and Tenure
10.3yrs
Average Tenure
61yo
Average Age
Experienced Board: KNX's board of directors are seasoned and experienced ( 10.3 years average tenure).
Insider Trading
Insider Buying: KNX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Accounting Officer Chief Accounting Officer |
| Shares | 3,196 |
| Max Price | US$37.49 |
| Entity | Individual |
| Shares | 1,582 |
| Max Price | US$36.79 |
| Entity | Individual |
| Role | Senior Key Executive Chief Operating Officer of Swift |
| Shares | 4,703 |
| Max Price | US$33.36 |
| Entity | Individual |
| Role | Senior Key Executive Senior Vice President of Logistics & Intermodal |
| Shares | 1,000 |
| Max Price | US$34.82 |
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President of Sales & Marketing of Knight |
| Shares | 8,750 |
| Max Price | US$33.43 |
| Entity | Individual |
| Role | Vice Chairman Executive Vice Chairman |
| Shares | 180,368 |
| Max Price | US$33.21 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 104,040 |
| Max Price | US$33.17 |
| Entity | Individual |
| Role | Chairman of the Board Executive Chairman |
| Shares | 145,960 |
| Max Price | US$34.08 |
| Entity | Company |
| Shares | 1,173,680 |
| Max Price | US$24.98 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 3,661 |
| Max Price | US$27.29 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,000 |
| Max Price | US$28.83 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Kevin Knight (62yo)
Executive Chairman
- Tenure: 20.5yrs
- Compensation: US$6.16m
Gary Knight (67yo)
Executive Vice Chairman
- Tenure: 15.8yrs
- Compensation: US$1.92m
Dave Jackson (43yo)
President
- Tenure: 4.8yrs
- Compensation: US$5.19m
Mike Liu (46yo)
Executive Vice President of Operations of Knight
- Tenure: 2.8yrs
Todd Carlson (59yo)
General Counsel & Secretary
- Tenure: 0yrs
Cary Flanagan (46yo)
Chief Accounting Officer
- Tenure: 2.2yrs
Kevin Quast (53yo)
Chief Operating Officer of Swift
- Tenure: 0yrs
- Compensation: US$1.19m
James Updike (46yo)
Executive Vice President of Sales & Marketing of Knight
- Tenure: 0yrs
- Compensation: US$482.14k
Adam Miller (38yo)
CFO & Treasurer
- Tenure: 7.5yrs
- Compensation: US$3.01m
Shannon Breen (38yo)
Senior Vice President of Logistics & Intermodal
- Tenure: 1.2yrs
Board Members
Robert Synowicki (60yo)
Independent Director
- Tenure: 3.8yrs
- Compensation: US$189.98k
Kevin Knight (62yo)
Executive Chairman
- Tenure: 20.5yrs
- Compensation: US$6.16m
Gary Knight (67yo)
Executive Vice Chairman
- Tenure: 15.8yrs
- Compensation: US$1.92m
Kathy Munro (70yo)
Lead Independent Director
- Tenure: 0yrs
- Compensation: US$164.98k
Mike Garnreiter (67yo)
Independent Director
- Tenure: 16.2yrs
- Compensation: US$144.98k
Dave Jackson (43yo)
President
- Tenure: 4.8yrs
- Compensation: US$5.19m
Sissie Shank (52yo)
Independent Director
- Tenure: 3.8yrs
- Compensation: US$140.00k
Dave Ploeg (60yo)
Independent Director
- Tenure: 0yrs
- Compensation: US$139.99k
Company Information
Knight-Swift Transportation Holdings Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Knight-Swift Transportation Holdings Inc.
- Ticker: KNX
- Exchange: NYSE
- Founded: 1989
- Industry: Trucking
- Sector: Transportation
- Market Cap: US$6.299b
- Shares outstanding: 170.65m
- Website: https://knight-swift.com
Number of Employees
Location
- Knight-Swift Transportation Holdings Inc.
- 20002 North 19th Avenue
- Phoenix
- Arizona
- 85027
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KSX | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Oct 1994 |
| KNX | NYSE (New York Stock Exchange) | Yes | Class A Common Stock | US | USD | Oct 1994 |
Biography
Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in the United States, Mexico, and Canada. The company operates through six segments: Kn ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/20 00:41 |
| End of Day Share Price | 2019/11/19 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.