Knight-Swift Transportation Holdings annual operating margin
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Knight-Swift Transportation Holdings Operating Margin Growth & History (KNX)
Knight-Swift Transportation Holdings's operating margin was 2.89% for fiscal 2025.
View full Knight-Swift Transportation Holdings company overviewKnight-Swift Transportation Holdings annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 2.89% | −0.39 pp |
| 2024 | 2024-12-31 | 3.28% | −1.45 pp |
| 2023 | 2023-12-31 | 4.73% | −9.96 pp |
| 2022 | 2022-12-31 | 14.70% | −1.40 pp |
| 2021 | 2021-12-31 | 16.10% | +4.02 pp |
| 2020 | 2020-12-31 | 12.08% | +3.25 pp |
| 2019 | 2019-12-31 | 8.82% | −1.82 pp |
| 2018 | 2018-12-31 | 10.65% | +2.38 pp |
| 2017 | 2017-12-31 | 8.27% | −5.01 pp |
| 2016 | 2016-12-31 | 13.28% | −1.77 pp |
| 2015 | 2015-12-31 | 15.05% | +6.44 pp |
| 2014 | 2014-12-31 | 8.61% | −0.06 pp |
| 2013 | 2013-12-31 | 8.67% | −0.18 pp |
| 2012 | 2012-12-31 | 8.85% | +0.33 pp |
| 2011 | 2011-12-31 | 8.52% | +0.23 pp |
| 2010 | 2010-12-31 | 8.30% | +3.16 pp |
| 2009 | 2009-12-31 | 5.13% | — |
Knight-Swift Transportation Holdings quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 5.00% | +1.10 pp |
| Q1 2026 | 2026-03-31 | 1.54% | −2.11 pp |
| Q4 2025 | 2025-12-31 | 1.43% | −2.76 pp |
| Q3 2025 | 2025-09-30 | 2.61% | −1.73 pp |
| Q2 2025 | 2025-06-30 | 3.90% | +0.46 pp |
| Q1 2025 | 2025-03-31 | 3.65% | +2.53 pp |
| Q4 2024 | 2024-12-31 | 4.18% | +3.24 pp |
| Q3 2024 | 2024-09-30 | 4.34% | +0.33 pp |
| Q2 2024 | 2024-06-30 | 3.44% | −2.62 pp |
| Q1 2024 | 2024-03-31 | 1.13% | −7.72 pp |
| Q4 2023 | 2023-12-31 | 0.95% | −10.67 pp |
| Q3 2023 | 2023-09-30 | 4.01% | −9.98 pp |
| Q2 2023 | 2023-06-30 | 6.05% | −10.56 pp |
| Q1 2023 | 2023-03-31 | 8.85% | −7.47 pp |
| Q4 2022 | 2022-12-31 | 11.62% | −7.22 pp |
| Q3 2022 | 2022-09-30 | 13.99% | −2.45 pp |
| Q2 2022 | 2022-06-30 | 16.61% | +2.09 pp |
| Q1 2022 | 2022-03-31 | 16.32% | +3.05 pp |
| Q4 2021 | 2021-12-31 | 18.84% | +3.60 pp |
| Q3 2021 | 2021-09-30 | 16.44% | +2.77 pp |
| Q2 2021 | 2021-06-30 | 14.53% | +4.89 pp |
| Q1 2021 | 2021-03-31 | 13.27% | +4.19 pp |
| Q4 2020 | 2020-12-31 | 15.23% | +9.59 pp |
| Q3 2020 | 2020-09-30 | 13.67% | +5.09 pp |
| Q2 2020 | 2020-06-30 | 9.63% | +0.89 pp |
| Q1 2020 | 2020-03-31 | 9.08% | −0.58 pp |
| Q4 2019 | 2019-12-31 | 5.65% | −5.25 pp |
| Q3 2019 | 2019-09-30 | 8.58% | +0.68 pp |
| Q2 2019 | 2019-06-30 | 8.74% | +1.86 pp |
| Q1 2019 | 2019-03-31 | 9.66% | +4.09 pp |
| Q4 2018 | 2018-12-31 | 10.89% | −22.05 pp |
| Q3 2018 | 2018-09-30 | 7.90% | +7.09 pp |
| Q2 2018 | 2018-06-30 | 6.88% | +0.20 pp |
| Q1 2018 | 2018-03-31 | 5.56% | −0.01 pp |
| Q4 2017 | 2017-12-31 | 32.95% | +30.78 pp |
| Q3 2017 | 2017-09-30 | 0.81% | −7.78 pp |
| Q2 2017 | 2017-06-30 | 6.68% | +4.19 pp |
| Q1 2017 | 2017-03-31 | 5.57% | +3.15 pp |
| Q4 2016 | 2016-12-31 | 2.16% | −9.00 pp |
| Q3 2016 | 2016-09-30 | 8.58% | +1.55 pp |
| Q2 2016 | 2016-06-30 | 2.49% | −6.80 pp |
| Q1 2016 | 2016-03-31 | 2.43% | −4.96 pp |
| Q4 2015 | 2015-12-31 | 11.17% | −0.46 pp |
| Q3 2015 | 2015-09-30 | 7.04% | −2.03 pp |
| Q2 2015 | 2015-06-30 | 9.30% | +0.56 pp |
| Q1 2015 | 2015-03-31 | 7.39% | +2.81 pp |
| Q4 2014 | 2014-12-31 | 11.63% | +2.09 pp |
| Q3 2014 | 2014-09-30 | 9.06% | +0.88 pp |
| Q2 2014 | 2014-06-30 | 8.74% | −1.00 pp |
| Q1 2014 | 2014-03-31 | 4.58% | −2.52 pp |
| Q4 2013 | 2013-12-31 | 9.54% | −1.54 pp |
| Q3 2013 | 2013-09-30 | 8.18% | +0.40 pp |
| Q2 2013 | 2013-06-30 | 9.74% | +0.16 pp |
| Q1 2013 | 2013-03-31 | 7.10% | +0.37 pp |
| Q4 2012 | 2012-12-31 | 11.07% | −0.20 pp |
| Q3 2012 | 2012-09-30 | 7.78% | −2.61 pp |
| Q2 2012 | 2012-06-30 | 9.58% | +1.05 pp |
| Q1 2012 | 2012-03-31 | 6.74% | +0.58 pp |
| Q4 2011 | 2011-12-31 | 11.27% | +1.46 pp |
| Q3 2011 | 2011-09-30 | 10.38% | −0.44 pp |
| Q2 2011 | 2011-06-30 | 8.53% | +0.22 pp |
| Q1 2011 | 2011-03-31 | 6.16% | +2.62 pp |
| Q4 2010 | 2010-12-31 | 9.81% | — |
| Q3 2010 | 2010-09-30 | 10.83% | — |
| Q2 2010 | 2010-06-30 | 8.31% | — |
| Q1 2010 | 2010-03-31 | 3.54% | — |
Knight-Swift Transportation Holdings operating margin trends
Over the last five fiscal years, Knight-Swift Transportation Holdings's operating margin decreased from 12.08% to 2.89%, a change of −9.18 percentage points. The latest reported quarter, Q2 2026, shows 5.00%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Knight-Swift Transportation Holdings source filings ↗