KNX

Knight-Swift Transportation Holdings

Industrials Trucking NYSE

About the company

Knight-Swift Transportation has undoubtedly established itself as a dominant force in the United States' transportation industry. With a diversified service offering, the company has solidified its position as the largest full-truckload carrier in the country. The backbone of Knight-Swift's operations lies in its asset-based trucking business, contributing to approximately 71% of its consolidated revenue. Within this sector, the company focuses on providing a range of services, including for-hire dry van, refrigerated, and dedicated contract transportation. These offerings encompass various needs and requirements of its clientele, further strengthening Knight-Swift's market presence. Among its full-truckload services, the for-hire dry van segment holds a significant share of Knight-Swift's total top line. This branch specializes in transporting non-perishable goods in dry, enclosed trailers. By providing reliable and efficient transportation solutions, Knight-Swift has earned the trust and loyalty of numerous customers across the nation. In addition to for-hire dry van services, Knight-Swift's refrigerated division plays a vital role in the company's revenue mix. This service caters to the transportation of temperature-sensitive goods, ensuring that perishable items such as food and pharmaceuticals are transported in controlled environments. With expertise in maintaining specific temperature conditions throughout the shipping process, Knight-Swift guarantees the integrity and freshness of these delicate products. Furthermore, Knight-Swift offers dedicated contract services, providing tailor-made transportation solutions to specific clients. Under these contracts, the company strategically allocates a dedicated fleet of trucks and drivers to meet the unique demands of these partnerships. This commitment to personalized service enables Knight-Swift to forge long-lasting relationships with clients and secure recurring revenue streams. Complementing its asset-based trucking business, Knight-Swift also operates a less-than-truckload (LTL) division. This arm contributes to approximately 13% of the company's total revenue. LTL involves transporting smaller quantities of goods, consolidating multiple shipments from various customers into a single truck. Knight-Swift's LTL services provide cost-effective solutions for customers who do not require a full truckload capacity, making the company a one-stop-shop for all transportation needs. Knight-Swift doesn't limit itself to asset-based operations alone. It also offers truck brokerage and other asset-light logistics services, accounting for around 14% of its revenue. Truck brokerage involves acting as an intermediary, connecting shippers with available carriers to transport their goods. Leveraging its vast network of carriers, Knight-Swift efficiently matches supply with demand, ensuring timely and reliable freight movement. Moreover, the company's asset-light logistics services extend beyond truck brokerage, encompassing a wide range of solutions such as warehousing, inventory management, and cross-docking. Intermodal operations make up nearly 7% of Knight-Swift's revenue stream. Embracing the intermodal concept, the company seamlessly integrates railroad transportation with its services. By utilizing Class-I railroads for the underlying movement of shipping containers, Knight-Swift combines the efficiency of rail with the flexibility of trucking. This hybrid approach optimizes freight transportation, maximizing cost savings and reducing environmental impact. Knight-Swift's intermodal operations also include drayage, which refers to the transportation of goods to or from intermodal terminals or ports. By effectively managing the movement of containers between these locations and their final destinations, Knight-Swift provides a comprehensive intermodal solution to its customers. The remaining portion of Knight-Swift's revenue stems from various value-added services offered to shippers and third-party truckers. These services include insurance, equipment maintenance, and equipment leasing. By providing a comprehensive suite of supplementary services, Knight-Swift ensures that its customers can focus on their core business while relying on the company's expertise in managing these ancillary needs. In conclusion, Knight-Swift Transportation's position as the largest full-truckload carrier in the United States is a testament to its diversified service offering. Through its asset-based trucking business, encompassing for-hire dry van, refrigerated, and dedicated contract services, the company caters to a wide range of transportation needs. Additionally, its less-than-truckload division, truck brokerage, intermodal operations, and value-added services further solidify Knight-Swift's industry dominance. With a commitment to delivering reliable, cost-effective, and comprehensive transportation solutions, Knight-Swift continues to shape the future of the logistics industry.

Website: https://knight-swift.com

Data updated: June 2, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Industrials · 700 peers in sector

Metric KNX Sector median Vs. industry
P/E 371.05 27.09 ↑ Above average
EPS 0.21 USD 0.33 USD ↓ Below average
Dividend yield 0.98% 0.00% ↑ Above average
Profit margin 0.45% 1.69% ↓ Below average
ROE 0.48% 3.83% ↓ Below average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

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Frequently Asked Questions

What is Knight-Swift Transportation Holdings?
Knight-Swift Transportation has undoubtedly established itself as a dominant force in the United States' transportation industry. With a diversified service offering, the company has solidified its position as the largest full-truckload carrier in the country. The backbone of Knight-Swift's operations lies in its asset-based trucking business, contributing to approximately 71% of its consolidated revenue. Within this sector, the company focuses on providing a range of services, including for-hire dry van, refrigerated, and dedicated contract transportation. These offerings encompass various needs and requirements of its clientele, further strengthening Knight-Swift's market presence. Among its full-truckload services, the for-hire dry van segment holds a significant share of Knight-Swift's total top line. This branch specializes in transporting non-perishable goods in dry, enclosed trailers. By providing reliable and efficient transportation solutions, Knight-Swift has earned the trust and loyalty of numerous customers across the nation. In addition to for-hire dry van services, Knight-Swift's refrigerated division plays a vital role in the company's revenue mix. This service caters to the transportation of temperature-sensitive goods, ensuring that perishable items such as food and pharmaceuticals are transported in controlled environments. With expertise in maintaining specific temperature conditions throughout the shipping process, Knight-Swift guarantees the integrity and freshness of these delicate products. Furthermore, Knight-Swift offers dedicated contract services, providing tailor-made transportation solutions to specific clients. Under these contracts, the company strategically allocates a dedicated fleet of trucks and drivers to meet the unique demands of these partnerships. This commitment to personalized service enables Knight-Swift to forge long-lasting relationships with clients and secure recurring revenue streams. Complementing its asset-based trucking business, Knight-Swift also operates a less-than-truckload (LTL) division. This arm contributes to approximately 13% of the company's total revenue. LTL involves transporting smaller quantities of goods, consolidating multiple shipments from various customers into a single truck. Knight-Swift's LTL services provide cost-effective solutions for customers who do not require a full truckload capacity, making the company a one-stop-shop for all transportation needs. Knight-Swift doesn't limit itself to asset-based operations alone. It also offers truck brokerage and other asset-light logistics services, accounting for around 14% of its revenue. Truck brokerage involves acting as an intermediary, connecting shippers with available carriers to transport their goods. Leveraging its vast network of carriers, Knight-Swift efficiently matches supply with demand, ensuring timely and reliable freight movement. Moreover, the company's asset-light logistics services extend beyond truck brokerage, encompassing a wide range of solutions such as warehousing, inventory management, and cross-docking. Intermodal operations make up nearly 7% of Knight-Swift's revenue stream. Embracing the intermodal concept, the company seamlessly integrates railroad transportation with its services. By utilizing Class-I railroads for the underlying movement of shipping containers, Knight-Swift combines the efficiency of rail with the flexibility of trucking. This hybrid approach optimizes freight transportation, maximizing cost savings and reducing environmental impact. Knight-Swift's intermodal operations also include drayage, which refers to the transportation of goods to or from intermodal terminals or ports. By effectively managing the movement of containers between these locations and their final destinations, Knight-Swift provides a comprehensive intermodal solution to its customers. The remaining portion of Knight-Swift's revenue stems from various value-added services offered to shippers and third-party truckers. These services include insurance, equipment maintenance, and equipment leasing. By providing a comprehensive suite of supplementary services, Knight-Swift ensures that its customers can focus on their core business while relying on the company's expertise in managing these ancillary needs. In conclusion, Knight-Swift Transportation's position as the largest full-truckload carrier in the United States is a testament to its diversified service offering. Through its asset-based trucking business, encompassing for-hire dry van, refrigerated, and dedicated contract services, the company caters to a wide range of transportation needs. Additionally, its less-than-truckload division, truck brokerage, intermodal operations, and value-added services further solidify Knight-Swift's industry dominance. With a commitment to delivering reliable, cost-effective, and comprehensive transportation solutions, Knight-Swift continues to shape the future of the logistics industry.
Are Knight-Swift Transportation Holdings shares expensive?
The price-to-earnings (P/E) ratio of Knight-Swift Transportation Holdings is 371.05 — the share price is 371.05 times the annual profit per share. That is higher than the typical company in the same industry (industry median: 27.09). This is information, not a recommendation. (as of 2026-06-02)
How big is Knight-Swift Transportation Holdings?
The market capitalization of Knight-Swift Transportation Holdings — the combined value of all its shares — is 12.66 B USD. The higher the market cap, the larger the company. (as of 2026-06-02)
Does Knight-Swift Transportation Holdings pay dividends?
The dividend yield of Knight-Swift Transportation Holdings is 0.98% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-02)
What sector does Knight-Swift Transportation Holdings belong to?
Knight-Swift Transportation Holdings operates in the Industrials sector, industry: Trucking.

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