KNX Knight-Swift Transportation Holdings margins

Relative Growth: Rel. Growth: 50

Relative Strength: Rel. Strength: 62

Relative Valuation: Rel. Valuation: 52

Relative Profitability: Rel. Profitability: 49

Gross margin

60.5%

Operating margin

4.2%

EBITDA margin

15.9%

Net margin

1.9%

Recent Knight-Swift Transportation Holdings shows a gross margin of 60.5%, an operating margin of 4.2%, an EBITDA margin of 15.9%, and a net margin of 1.9%. Across the available margins, operating margin advanced the most and gross margin weakened the most, by 0.6 and 1.7 percentage points respectively.

KNX margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Knight-Swift Transportation Holdings's margins averaged 61.19% gross, 3.29% operating, 16.58% EBITDA, and 1.46% net. For Knight-Swift Transportation Holdings, operating and net margins are above their three-year averages, while gross and EBITDA margins are below their three-year averages.

KNX margin expansion

Year-over-year margin changes in percentage points

The largest positive change was in operating margin, up 0.6 percentage points. The expansion was limited to operating margin, while gross margin contracted by 1.7 percentage points and EBITDA margin by 1.4 percentage points.

Gross margin expansion

-1.7pp

Operating margin expansion

0.6pp

EBITDA margin expansion

-1.4pp

Net margin expansion

0pp

KNX Gross margin

Knight-Swift Transportation Holdings recorded an average gross margin of 61.19% across the last 3 years. Right now, Knight-Swift Transportation Holdings's current gross margin is 60.5%, which is 0.7 percentage points below its three-year average. Looking back over the last 3 years, Knight-Swift Transportation Holdings's gross margin reached 62.3% at its highest point in Dec 2025 and 60% at its lowest in Jun 2024.

KNX Operating margin

The average operating margin for Knight-Swift Transportation Holdings was 3.29% in the last 3 years. Against its three-year average, Knight-Swift Transportation Holdings's operating margin is currently 4.2%, 0.9 percentage points above its three-year average. The operating margin for Knight-Swift Transportation Holdings moved between 2.4% in Jun 2024 and 4.7% in Dec 2023.

KNX EBITDA margin

Over the last 3 years, Knight-Swift Transportation Holdings's EBITDA margin averaged 16.58%. The current EBITDA margin of 15.9% is 0.7 percentage points below its three-year average. During this period, EBITDA margin reached a high of 18% in Jun 2025 and a low of 15% in Jun 2026.

KNX Net margin

Reviewing the last 3 years, Knight-Swift Transportation Holdings recorded an average net margin of 1.46%. Knight-Swift Transportation Holdings's current net margin is 1.9% and is 0.4 percentage points above its three-year average. The highest net margin for Knight-Swift Transportation Holdings was 3% in Dec 2023, while the lowest was 0.5% in Sep 2024.

KNX margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 60.5%, KNX stands higher than the Industrials sector, the industry and its peers average. Looking at the Industrials sector average of 32.5%, Knight-Swift Transportation Holdings's gross margin is 86% higher.

KNX margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Knight-Swift Transportation Holdings's gross margin?

For the period ending Sep 30, 2026, KNX recorded a gross margin of 60.5%.

What is Knight-Swift Transportation Holdings's operating margin?

The current operating margin for KNX is 4.2% as of Sep 30, 2026.

What is Knight-Swift Transportation Holdings's EBITDA margin?

For the period ending Sep 30, 2026, KNX recorded an EBITDA margin of 15.9%.

What is Knight-Swift Transportation Holdings's net margin?

For the period ending Sep 30, 2026, KNX recorded a net margin of 1.9%.

What are the average margins of KNX?

Over the past 3 years, KNX reported average margins of 61.2% gross, 3.3% operating, 16.6% EBITDA, and 1.5% net.

What are the highest historical margins of KNX?

In the last 5 years, the highest margins reported by KNX were 62.3% gross in Dec 2025, 17.1% operating in Jun 2022, 27% EBITDA in Dec 2021, and 12.4% net in Mar 2022.

What are the lowest historical margins of KNX?

Within the 5-year period, KNX recorded its lowest margins at 60% gross in Jun 2024, 2.4% operating in Jun 2024, 15% EBITDA in Jun 2026, and 0.5% net in Sep 2024.