KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC.

Cash flow Knight-Swift Transportation Holdings Inc.

Equities

KNX

US4990491049

Ground Freight & Logistics

Real-time Estimate Cboe BZX Other stock markets 20:03:36 19/09/2024 BST			5-day change	1st Jan Change
53.36 ^USD	+1.30%		+2.98%	-7.18%

08-08	Knight-Swift Transportation Holdings Inc. Enters into the First Amendment to Its Credit Facility	CI
08-08	Knight-Swift Transportation Holdings Inc. Declares Quarterly Cash Dividend, Payable on September 23, 2024	CI

4511.IwrzNCMdrBeGU0F8S9qsHtPdy1B-N_wDNT8VUWYAFN4.bV2lQlB55WPtZDcrEor6JpW6rz0PQowuUwpZJSBWIq9vYZ5sUnzmQs84Jg

Published financial data: KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	4.4B	4.37B	5.53B	6.51B	6.31B
Other Revenues, Total	449M	305M	466M	920M	834M
Total Revenues	4.84B	4.67B	6B	7.43B	7.14B
Cost of Goods Sold, Total	3.56B	3.22B	4.03B	5.02B	5.18B
Gross Profit	1.29B	1.46B	1.97B	2.41B	1.96B
Selling General & Admin Expenses, Total	194M	193M	275M	456M	610M
Depreciation & Amortization - (IS)	420M	461M	523M	595M	665M
Amortization of Goodwill and Intangible Assets - (IS)	42.88M	45.9M	55.3M	64.84M	70.14M
Other Operating Expenses	195M	184M	222M	295M	337M
Other Operating Expenses, Total	853M	883M	1.07B	1.41B	1.68B
Operating Income	434M	573M	893M	1B	283M
Interest Expense, Total	-29.43M	-17.31M	-22.16M	-50.8M	-127M
Interest And Investment Income	3.83M	1.93M	1.17M	5.44M	21.58M
Net Interest Expenses	-25.6M	-15.38M	-20.99M	-45.36M	-106M
Income (Loss) On Equity Invest.	-	-	-	-	-
Other Non Operating Income (Expenses)	4.92M	7.7M	13.53M	25.44M	37.66M
EBT, Excl. Unusual Items	413M	565M	886M	980M	215M
Merger & Related Restructuring Charges	-	-	-4.44M	-	-5.6M
Gain (Loss) On Sale Of Investments	7.22M	3.55M	16.4M	-51.4M	-
Gain (Loss) On Sale Of Assets	32.94M	9.71M	74.8M	92.89M	64.65M
Asset Writedown	-3.49M	-5.34M	-299K	-810K	-2.24M
Legal Settlements	-35.84M	-6.16M	2.48M	-415K	-
Other Unusual Items	-	-6.73M	-	-	-1.79M
EBT, Incl. Unusual Items	414M	560M	975M	1.02B	270M
Income Tax Expense	104M	150M	231M	249M	54.77M
Earnings From Continuing Operations	310M	411M	744M	771M	216M
Net Income to Company	310M	411M	744M	771M	216M
Minority Interest	-972K	-633K	-360K	207K	1.63M
Net Income - (IS)	309M	410M	743M	771M	217M
Net Income to Common Incl Extra Items	309M	410M	743M	771M	217M
Net Income to Common Excl. Extra Items	309M	410M	743M	771M	217M
Per Share Items
Net EPS - Basic	1.8	2.42	4.48	4.75	1.35
Basic EPS - Continuing Operations	1.8	2.42	4.48	4.75	1.35
Basic Weighted Average Shares Outstanding	172M	170M	166M	162M	161M
Net EPS - Diluted	1.8	2.4	4.45	4.73	1.34
Diluted EPS - Continuing Operations	1.8	2.4	4.45	4.73	1.34
Diluted Weighted Average Shares Outstanding	172M	171M	167M	163M	162M
Normalized Basic EPS	1.5	2.08	3.34	3.78	0.84
Normalized Diluted EPS	1.49	2.07	3.31	3.75	0.84
Dividend Per Share	0.24	0.32	0.38	0.48	0.56
Payout Ratio	13.4	13.32	8.55	10.15	41.98
Supplemental Items
EBITDA	897M	1.08B	1.47B	1.66B	1.02B
EBITA	477M	619M	948M	1.07B	353M
EBIT	434M	573M	893M	1B	283M
EBITDAR	1.02B	1.17B	1.53B	1.72B	1.15B
Total Revenues (As Reported)	4.84B	4.67B	6B	7.43B	7.14B
Effective Tax Rate - (Ratio)	25.07	26.71	23.69	24.44	20.26
Current Domestic Taxes	67.32M	99.21M	183M	214M	32.15M
Current Foreign Taxes	5.53M	4.25M	8.38M	4.28M	12.14M
Total Current Taxes	72.84M	103M	191M	218M	44.28M
Deferred Domestic Taxes	32.33M	36.93M	38.5M	27.28M	14.96M
Deferred Foreign Taxes	-1.38M	9.28M	1.42M	3.86M	-4.47M
Total Deferred Taxes	30.95M	46.22M	39.93M	31.15M	10.48M
Normalized Net Income	257M	353M	553M	613M	136M
Interest on Long-Term Debt	29.43M	17.31M	21.14M	50.8M	127M
Non-Cash Pension Expense	-	-	-1.48M	-1.26M	7K
Supplemental Operating Expense Items
Net Rental Expense, Total	123M	86.64M	55.16M	56.86M	130M
Imputed Operating Lease Interest Expense	28.55M	11.29M	5.98M	10.68M	50.09M
Imputed Operating Lease Depreciation	94.18M	75.35M	49.18M	46.17M	80.18M
Maintenance & Repair Expenses, Total	-	-	-	-	-
Stock-Based Comp., COGS (Total)	16.04M	26.59M	28.13M	33.93M	27.92M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	16.04M	26.59M	28.13M	33.93M	27.92M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	160M	157M	261M	197M	169M
Total Cash And Short Term Investments	160M	157M	261M	197M	169M
Accounts Receivable, Total	531M	593M	934M	858M	901M
Other Receivables	17.03M	2.9M	909K	58.97M	65.82M
Notes Receivable	4.16M	2.85M	1.85M	8.12M	-
Total Receivables	552M	599M	937M	925M	967M
Prepaid Expenses	62.16M	71.65M	90.51M	108M	149M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	41.33M	39.33M	87.24M	186M	297M
Other Current Assets, Total	74.38M	56.9M	38.5M	77.68M	128M
Total Current Assets	890M	923M	1.41B	1.49B	1.71B
Gross Property Plant And Equipment	3.91B	4.34B	5.27B	5.93B	7.21B
Accumulated Depreciation	-892M	-1.23B	-1.56B	-1.91B	-2.1B
Net Property Plant And Equipment	3.02B	3.11B	3.7B	4.03B	5.1B
Long-term Investments	39.6M	96.24M	150M	105M	102M
Goodwill	2.92B	2.92B	3.52B	3.52B	3.85B
Other Intangibles, Total	1.38B	1.39B	1.83B	1.78B	2.06B
Loans Receivable Long-Term	10.66M	6.88M	14.76M	14.87M	8.71M
Other Long-Term Assets, Total	22.84M	23.37M	27.4M	14.73M	41.88M
Total Assets	8.28B	8.47B	10.66B	10.95B	12.87B
Liabilities
Accounts Payable, Total	99.19M	101M	225M	221M	355M
Accrued Expenses, Total	315M	405M	524M	551M	731M
Current Portion of Long-Term Debt	365M	214M	212M	12.79M	338M
Current Portion of Leases	92.93M	100M	85.33M	95.63M	267M
Other Current Liabilities	121M	20.21M	28.7M	13.5M	134M
Total Current Liabilities	993M	840M	1.07B	894M	1.83B
Long-Term Debt	484M	509M	1.58B	1.49B	1.82B
Long-Term Leases	154M	208M	364M	494M	779M
Pension & Other Post Retirement Benefits	-	-	973K	854K	847K
Deferred Tax Liability Non Current	772M	816M	875M	908M	952M
Other Non Current Liabilities	211M	223M	222M	213M	394M
Total Liabilities	2.61B	2.6B	4.11B	4B	5.77B
Common Stock, Total	1.71M	1.66M	1.66M	1.61M	1.61M
Additional Paid In Capital	4.27B	4.3B	4.35B	4.39B	4.43B
Retained Earnings	1.4B	1.57B	2.18B	2.55B	2.66B
Comprehensive Income and Other	-	-	-563K	-2.44M	-830K
Total Common Equity	5.67B	5.87B	6.53B	6.95B	7.09B
Minority Interest	2.09M	2.19M	10.3M	10.28M	16.69M
Total Equity	5.67B	5.87B	6.54B	6.96B	7.1B
Total Liabilities And Equity	8.28B	8.47B	10.66B	10.95B	12.87B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	171M	166M	166M	161M	161M
ECS Total Common Shares Outstanding	171M	167M	166M	161M	161M
Book Value / Share	33.2	35.24	39.36	43.22	43.92
Tangible Book Value	1.37B	1.56B	1.19B	1.65B	1.18B
Tangible Book Value Per Share	8.01	9.35	7.15	10.26	7.31
Total Debt	1.1B	1.03B	2.24B	2.09B	3.2B
Net Debt	935M	874M	1.98B	1.89B	3.03B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	973K	1.88M	-22K
Debt Equivalent Oper. Leases	982M	693M	441M	455M	1.04B
Minority Interest, Total (Incl. Fin. Div)	2.09M	2.19M	10.3M	10.28M	16.69M
Equity Method Investments, Total	27.81M	74.61M	75.77M	104M	102M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	229M	237M	327M	377M	427M
Buildings, Total	406M	458M	640M	726M	861M
Machinery, Total	3.1B	3.52B	4.14B	4.62B	5.4B
Full Time Employees	23.6K	22.7K	27.4K	28.1K	34.3K
Part Time Employees	200	200	500	400	500
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	18.18M	22.09M	21.66M	22.98M	39.46M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	309M	410M	743M	771M	217M
Depreciation & Amortization - CF	420M	461M	523M	595M	665M
Amortization of Goodwill and Intangible Assets - (CF)	42.88M	45.9M	55.3M	64.84M	70.14M
Depreciation & Amortization, Total	463M	507M	578M	660M	735M
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-32.94M	-9.71M	-74.8M	-92.89M	-64.65M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	52.27M	-2.1M
Asset Writedown & Restructuring Costs	3.49M	5.34M	299K	810K	2.24M
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	-	-	-	-	-
Tax Benefit from Stock Options	-	-	-	-	-
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	177M	171M	114M	119M	193M
Change In Accounts Receivable	70.11M	-75.52M	-215M	58.71M	155M
Change In Accounts Payable	-13.18M	7.5M	73.37M	-24.77M	12.63M
Change In Income Taxes	-10.07M	14.12M	2.53M	-58.06M	-6.84M
Change in Other Net Operating Assets	-127M	-110M	-31.72M	-50.58M	-79.94M
Cash from Operations	840M	920M	1.19B	1.44B	1.16B
Capital Expenditure	-846M	-522M	-535M	-801M	-1.07B
Sale of Property, Plant, and Equipment	260M	133M	252M	183M	293M
Cash Acquisitions	-1.88M	-46.81M	-1.5B	-31.29M	-458M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	4.11M	-45.58M	-37.14M	2.79M	10.08M
Cash from Investing	-584M	-481M	-1.82B	-646M	-1.23B
Long-Term Debt Issued, Total	234M	61M	1.33B	140M	471M
Total Debt Issued	234M	61M	1.33B	140M	471M
Long-Term Debt Repaid, Total	-301M	-270M	-425M	-492M	-209M
Total Debt Repaid	-301M	-270M	-425M	-492M	-209M
Issuance of Common Stock	13.31M	12.75M	9.28M	7.43M	5.21M
Repurchase of Common Stock	-86.89M	-180M	-57.18M	-300M	-
Common Dividends Paid	-41.42M	-54.62M	-63.54M	-78.3M	-91.15M
Common & Preferred Stock Dividends Paid	-41.42M	-54.62M	-63.54M	-78.3M	-91.15M
Other Financing Activities, Total	-2.98M	-13.52M	-14.36M	-31.7M	-25.15M
Cash from Financing	-185M	-444M	779M	-754M	151M
Net Change in Cash	71.25M	-4.95M	153M	35.32M	84.34M
Supplemental Items
Cash Interest Paid	28.92M	17.4M	18.95M	48.9M	118M
Cash Income Tax Paid (Refund)	78.66M	80.01M	167M	289M	40.38M
Levered Free Cash Flow	-40.49M	313M	480M	351M	-20.54M
Unlevered Free Cash Flow	-22.1M	324M	494M	383M	58.89M
Change In Net Working Capital	-73.84M	45.93M	135M	135M	-191M
Net Debt Issued / Repaid	-66.64M	-209M	905M	-352M	262M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	3.35	4.28	5.84	5.79	1.49
Return on Total Capital	4.12	5.24	7.12	7.01	1.83
Return On Equity %	5.57	7.12	11.98	11.42	3.07
Return on Common Equity	5.56	7.11	11.99	11.45	3.09
Margin Analysis
Gross Profit Margin %	26.56	31.16	32.81	32.45	27.51
SG&A Margin	4.01	4.13	4.59	6.14	8.53
EBITDA Margin %	18.51	23.1	24.53	22.35	14.26
EBITA Margin %	9.84	13.24	15.81	14.34	4.95
EBIT Margin %	8.96	12.26	14.89	13.46	3.96
Income From Continuing Operations Margin %	6.4	8.79	12.4	10.38	3.02
Net Income Margin %	6.38	8.77	12.39	10.38	3.04
Net Avail. For Common Margin %	6.38	8.77	12.39	10.38	3.04
Normalized Net Income Margin	5.31	7.55	9.22	8.25	1.91
Levered Free Cash Flow Margin	-0.84	6.7	8	4.72	-0.29
Unlevered Free Cash Flow Margin	-0.46	6.93	8.23	5.15	0.82
Asset Turnover
Asset Turnover