Saia Debt-to-Equity Ratio Growth & History (SAIA)
Saia's debt-to-equity ratio was 0.12 for fiscal 2025.
View full Saia company overviewSaia annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.12 | −0.02 | −14.59% |
| 2024 | 2024-12-31 | 0.14 | 0.07 | +108.58% |
| 2023 | 2023-12-31 | 0.07 | −0.02 | −25.31% |
| 2022 | 2022-12-31 | 0.09 | −0.03 | −23.27% |
| 2021 | 2021-12-31 | 0.12 | −0.06 | −33.07% |
| 2020 | 2020-12-31 | 0.17 | −0.10 | −36.70% |
| 2019 | 2019-12-31 | 0.27 | 0.10 | +54.44% |
| 2018 | 2018-12-31 | 0.18 | −0.05 | −22.63% |
| 2017 | 2017-12-31 | 0.23 | 0.08 | +49.35% |
| 2016 | 2016-12-31 | 0.15 | −0.01 | −5.22% |
| 2015 | 2015-12-31 | 0.16 | −0.11 | −40.64% |
| 2014 | 2014-12-31 | 0.27 | 0.02 | +7.66% |
| 2013 | 2013-12-31 | 0.25 | 0.01 | +5.76% |
| 2012 | 2012-12-31 | 0.24 | −0.09 | −28.25% |
| 2011 | 2011-12-31 | 0.33 | −0.10 | −23.78% |
| 2010 | 2010-12-31 | 0.44 | — | — |
Saia quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.10 | −0.08 | −45.65% |
| Q1 2026 | 2026-03-31 | 0.10 | −0.08 | −43.35% |
| Q4 2025 | 2025-12-31 | 0.12 | −0.02 | −14.59% |
| Q3 2025 | 2025-09-30 | 0.14 | 0.00 | +1.49% |
| Q2 2025 | 2025-06-30 | 0.18 | 0.04 | +32.53% |
| Q1 2025 | 2025-03-31 | 0.18 | 0.08 | +76.90% |
| Q4 2024 | 2024-12-31 | 0.14 | 0.07 | +108.58% |
| Q3 2024 | 2024-09-30 | 0.14 | 0.06 | +82.01% |
| Q2 2024 | 2024-06-30 | 0.14 | 0.07 | +93.59% |
| Q1 2024 | 2024-03-31 | 0.10 | 0.02 | +25.06% |
| Q4 2023 | 2023-12-31 | 0.07 | −0.02 | −25.31% |
| Q3 2023 | 2023-09-30 | 0.07 | −0.01 | −13.15% |
| Q2 2023 | 2023-06-30 | 0.07 | −0.02 | −23.01% |
| Q1 2023 | 2023-03-31 | 0.08 | −0.02 | −22.72% |
| Q4 2022 | 2022-12-31 | 0.09 | −0.03 | −23.27% |
| Q3 2022 | 2022-09-30 | 0.09 | −0.04 | −30.93% |
| Q2 2022 | 2022-06-30 | 0.09 | −0.05 | −33.68% |
| Q1 2022 | 2022-03-31 | 0.10 | −0.06 | −35.46% |
| Q4 2021 | 2021-12-31 | 0.12 | −0.06 | −33.07% |
| Q3 2021 | 2021-09-30 | 0.12 | −0.11 | −48.06% |
| Q2 2021 | 2021-06-30 | 0.14 | −0.16 | −54.23% |
| Q1 2021 | 2021-03-31 | 0.16 | −0.24 | −60.57% |
| Q4 2020 | 2020-12-31 | 0.17 | −0.10 | −36.70% |
| Q3 2020 | 2020-09-30 | 0.24 | −0.08 | −24.57% |
| Q2 2020 | 2020-06-30 | 0.30 | −0.01 | −1.89% |
| Q1 2020 | 2020-03-31 | 0.40 | 0.12 | +40.25% |
| Q4 2019 | 2019-12-31 | 0.27 | 0.10 | +54.44% |
| Q3 2019 | 2019-09-30 | 0.32 | 0.14 | +74.64% |
| Q2 2019 | 2019-06-30 | 0.31 | 0.07 | +27.44% |
| Q1 2019 | 2019-03-31 | 0.29 | 0.05 | +22.52% |
| Q4 2018 | 2018-12-31 | 0.18 | −0.05 | −22.63% |
| Q3 2018 | 2018-09-30 | 0.18 | −0.06 | −24.23% |
| Q2 2018 | 2018-06-30 | 0.24 | −0.05 | −15.93% |
| Q1 2018 | 2018-03-31 | 0.23 | −0.08 | −25.89% |
| Q4 2017 | 2017-12-31 | 0.23 | 0.08 | +49.35% |
| Q3 2017 | 2017-09-30 | 0.24 | 0.04 | +19.05% |
| Q2 2017 | 2017-06-30 | 0.29 | −0.02 | −6.12% |
| Q1 2017 | 2017-03-31 | 0.32 | 0.05 | +19.34% |
| Q4 2016 | 2016-12-31 | 0.15 | −0.01 | −5.22% |
| Q3 2016 | 2016-09-30 | 0.20 | 0.00 | +2.44% |
| Q2 2016 | 2016-06-30 | 0.31 | 0.04 | +13.27% |
| Q1 2016 | 2016-03-31 | 0.27 | −0.07 | −20.92% |
| Q4 2015 | 2015-12-31 | 0.16 | −0.11 | −40.64% |
| Q3 2015 | 2015-09-30 | 0.20 | −0.04 | −16.08% |
| Q2 2015 | 2015-06-30 | 0.27 | −0.02 | −6.55% |
| Q1 2015 | 2015-03-31 | 0.34 | 0.08 | +32.48% |
| Q4 2014 | 2014-12-31 | 0.27 | 0.02 | +7.66% |
| Q3 2014 | 2014-09-30 | 0.23 | −0.08 | −24.67% |
| Q2 2014 | 2014-06-30 | 0.29 | −0.06 | −17.66% |
| Q1 2014 | 2014-03-31 | 0.25 | 0.03 | +13.81% |
| Q4 2013 | 2013-12-31 | 0.25 | 0.01 | +5.76% |
| Q3 2013 | 2013-09-30 | 0.31 | −0.02 | −5.10% |
| Q2 2013 | 2013-06-30 | 0.35 | −0.03 | −7.54% |
| Q1 2013 | 2013-03-31 | 0.22 | −0.16 | −41.93% |
| Q4 2012 | 2012-12-31 | 0.24 | −0.09 | −28.25% |
| Q3 2012 | 2012-09-30 | 0.33 | −0.05 | −13.03% |
| Q2 2012 | 2012-06-30 | 0.38 | −0.00 | −1.16% |
| Q1 2012 | 2012-03-31 | 0.38 | — | — |
| Q4 2011 | 2011-12-31 | 0.33 | −0.10 | −23.78% |
| Q3 2011 | 2011-09-30 | 0.38 | — | — |
| Q2 2011 | 2011-06-30 | 0.39 | — | — |
| Q4 2010 | 2010-12-31 | 0.44 | — | — |
Saia debt-to-equity ratio trends
Over the last five fiscal years, Saia's debt-to-equity ratio decreased from 0.17 to 0.12, a change of −0.05. The latest reported quarter, Q2 2026, shows 0.10.
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.
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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