Knight-Swift Transportation Holdings annual debt-to-equity ratio
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2025
Knight-Swift Transportation Holdings Debt-to-Equity Ratio Growth & History (KNX)
Knight-Swift Transportation Holdings's debt-to-equity ratio was 0.29 for fiscal 2025.
View full Knight-Swift Transportation Holdings company overviewKnight-Swift Transportation Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.29 | −0.07 | −20.07% |
| 2024 | 2024-12-31 | 0.36 | −0.00 | −1.07% |
| 2023 | 2023-12-31 | 0.37 | 0.13 | +56.93% |
| 2022 | 2022-12-31 | 0.23 | −0.03 | −9.90% |
| 2021 | 2021-12-31 | 0.26 | 0.16 | +151.46% |
| 2020 | 2020-12-31 | 0.10 | −0.00 | −4.13% |
| 2019 | 2019-12-31 | 0.11 | 0.02 | +19.14% |
| 2018 | 2018-12-31 | 0.09 | −0.01 | −12.31% |
| 2017 | 2017-12-31 | 0.10 | — | — |
| 2015 | 2015-12-31 | 1.30 | −0.33 | −20.14% |
| 2014 | 2014-12-31 | 1.63 | −3.04 | −65.13% |
| 2013 | 2013-12-31 | 4.66 | −0.17 | −3.56% |
| 2012 | 2012-12-31 | 4.83 | −6.03 | −55.50% |
| 2011 | 2011-12-31 | 10.86 | — | — |
Knight-Swift Transportation Holdings quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.38 | 0.06 | +19.97% |
| Q1 2026 | 2026-03-31 | 0.27 | −0.06 | −18.93% |
| Q4 2025 | 2025-12-31 | 0.29 | −0.07 | −20.07% |
| Q3 2025 | 2025-09-30 | 0.27 | −0.09 | −24.09% |
| Q2 2025 | 2025-06-30 | 0.32 | −0.02 | −6.10% |
| Q1 2025 | 2025-03-31 | 0.33 | −0.00 | −1.33% |
| Q4 2024 | 2024-12-31 | 0.36 | −0.00 | −1.07% |
| Q3 2024 | 2024-09-30 | 0.36 | 0.02 | +4.84% |
| Q2 2024 | 2024-06-30 | 0.34 | 0.09 | +33.65% |
| Q1 2024 | 2024-03-31 | 0.34 | 0.12 | +52.48% |
| Q4 2023 | 2023-12-31 | 0.37 | 0.13 | +56.93% |
| Q3 2023 | 2023-09-30 | 0.34 | 0.12 | +51.00% |
| Q2 2023 | 2023-06-30 | 0.26 | −0.00 | −0.48% |
| Q1 2023 | 2023-03-31 | 0.22 | −0.03 | −10.44% |
| Q4 2022 | 2022-12-31 | 0.23 | −0.03 | −9.90% |
| Q3 2022 | 2022-09-30 | 0.23 | −0.02 | −8.62% |
| Q2 2022 | 2022-06-30 | 0.26 | 0.15 | +147.54% |
| Q1 2022 | 2022-03-31 | 0.25 | 0.14 | +140.30% |
| Q4 2021 | 2021-12-31 | 0.26 | 0.16 | +151.46% |
| Q3 2021 | 2021-09-30 | 0.25 | 0.14 | +130.47% |
| Q2 2021 | 2021-06-30 | 0.10 | 0.01 | +7.66% |
| Q1 2021 | 2021-03-31 | 0.10 | 0.00 | +0.08% |
| Q4 2020 | 2020-12-31 | 0.10 | −0.00 | −4.13% |
| Q3 2020 | 2020-09-30 | 0.11 | −0.01 | −8.50% |
| Q2 2020 | 2020-06-30 | 0.10 | −0.03 | −25.82% |
| Q1 2020 | 2020-03-31 | 0.10 | −0.03 | −23.58% |
| Q4 2019 | 2019-12-31 | 0.11 | 0.02 | +19.14% |
| Q3 2019 | 2019-09-30 | 0.12 | 0.02 | +26.71% |
| Q2 2019 | 2019-06-30 | 0.13 | 0.03 | +33.74% |
| Q1 2019 | 2019-03-31 | 0.13 | 0.03 | +34.39% |
| Q4 2018 | 2018-12-31 | 0.09 | −0.01 | −12.31% |
| Q3 2018 | 2018-09-30 | 0.09 | −0.03 | −24.36% |
| Q2 2018 | 2018-06-30 | 0.10 | −0.80 | −89.18% |
| Q1 2018 | 2018-03-31 | 0.10 | −0.91 | −90.07% |
| Q4 2017 | 2017-12-31 | 0.10 | — | — |
| Q3 2017 | 2017-09-30 | 0.12 | −1.25 | −91.07% |
| Q2 2017 | 2017-06-30 | 0.90 | −0.50 | −35.67% |
| Q1 2017 | 2017-03-31 | 1.01 | −0.49 | −32.74% |
| Q3 2016 | 2016-09-30 | 1.38 | −0.12 | −7.84% |
| Q2 2016 | 2016-06-30 | 1.39 | −0.52 | −27.03% |
| Q1 2016 | 2016-03-31 | 1.50 | −0.55 | −26.67% |
| Q4 2015 | 2015-12-31 | 1.30 | −0.33 | −20.14% |
| Q3 2015 | 2015-09-30 | 1.49 | −1.15 | −43.54% |
| Q2 2015 | 2015-06-30 | 1.91 | −1.26 | −39.72% |
| Q1 2015 | 2015-03-31 | 2.05 | −2.17 | −51.51% |
| Q4 2014 | 2014-12-31 | 1.63 | −3.04 | −65.13% |
| Q3 2014 | 2014-09-30 | 2.65 | −3.10 | −53.93% |
| Q2 2014 | 2014-06-30 | 3.17 | −1.19 | −27.35% |
| Q1 2014 | 2014-03-31 | 4.22 | −1.18 | −21.87% |
| Q4 2013 | 2013-12-31 | 4.66 | −0.17 | −3.56% |
| Q3 2013 | 2013-09-30 | 5.74 | −2.65 | −31.54% |
| Q2 2013 | 2013-06-30 | 4.36 | −7.32 | −62.64% |
| Q1 2013 | 2013-03-31 | 5.40 | −11.68 | −68.38% |
| Q4 2012 | 2012-12-31 | 4.83 | −6.03 | −55.50% |
| Q3 2012 | 2012-09-30 | 8.39 | −26.14 | −75.70% |
| Q2 2012 | 2012-06-30 | 11.68 | −106.39 | −90.11% |
| Q1 2012 | 2012-03-31 | 17.08 | — | — |
| Q4 2011 | 2011-12-31 | 10.86 | — | — |
| Q3 2011 | 2011-09-30 | 34.52 | — | — |
| Q2 2011 | 2011-06-30 | 118.07 | — | — |
Knight-Swift Transportation Holdings debt-to-equity ratio trends
Over the last five fiscal years, Knight-Swift Transportation Holdings's debt-to-equity ratio increased from 0.10 to 0.29, a change of 0.19. The latest reported quarter, Q2 2026, shows 0.38.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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