Knight Transportation

KNX

Market cap $7.44B

Knight-Swift Transportation Holdings remains resilient amid industry softness, with robust LTL segment growth offsetting truckload weakness. KNX benefits from industry undercapacity, strategic network expansion, and a strong balance sheet, positioning it to capture market share from weaker competitors. Despite inflation, tariffs, and insurance cost risks, interest rate cuts and efficient cost management support KNX's profitability and liquidity.

Knight-Swift (KNX) reported earnings 30 days ago. What's next for the stock?

Knight-Swift faces rising expenses, tariff pressures and weak industry conditions, raising fresh concerns about its outlook.

PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company" or "Knight-Swift") announced today that its board of directors ("the Board") has declared the Company's quarterly cash dividend of $0.18 per share of common stock. The Company's quarterly dividends are pursuant to a cash dividend policy approved by the Board. The actual declaration of future cash dividends, and the establishment of record and payment dates, is subject to final determination by the Boa.

Knight-Swift Transportation is positioned to benefit from a freight cycle upswing, cost margin improvement, and strategic LTL expansion. Industry capacity exists, and regulatory crackdowns are tightening supply, while spot load-to-truck ratios are rising, signaling an imminent rebound in rates. The company's LTL segment has grown rapidly, with new terminals and acquisitions setting the stage for higher utilization and margin expansion by 2026-27.

KNX's third-quarter 2025 earnings decline year over year while revenues increase.

Knight-Swift Transportation Holdings remains a hold due to mixed results and a valuation that already prices in a near-term recovery. KNX's LTL segment shows strong volume growth and operational improvements, but faces near-term margin risks and potential volatility as network expansion costs are absorbed. The TL segment benefits from cost discipline and asset utilization initiatives, yet persistent pricing weakness and an oversupplied freight market limit margin improvement.

Although the revenue and EPS for Knight-Swift (KNX) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Knight-Swift Transportation Holdings Inc. (NYSE:KNX ) Q3 2025 Earnings Call October 22, 2025 4:30 PM EDT Company Participants Brad Stewart - Treasurer & Senior VP of Investor Relations Adam Miller - CEO & Director Andrew Hess - Chief Financial Officer Conference Call Participants Scott Group - Wolfe Research, LLC Richa Harnain Ariel Rosa - Citigroup Inc., Research Division Ken Hoexter - BofA Securities, Research Division Jonathan Chappell - Evercore ISI Institutional Equities, Research Division Ravi Shanker - Morgan Stanley, Research Division Thomas Wadewitz - UBS Investment Bank, Research Division Reed Seay - Stephens Inc., Research Division Presentation Operator Good afternoon. My name is Ina, and I'll be your conference operator today.

Knight-Swift Transportation Holdings (KNX) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.34 per share a year ago.