Knight-Swift Transportation Holdings (Knight-Swift Transportation Holdings) EBIT : $272 Mil (TTM As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Knight-Swift Transportation Holdings EBIT?

Knight-Swift Transportation Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $31 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $272 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Knight-Swift Transportation Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 0.79%. Knight-Swift Transportation Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Knight-Swift Transportation Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.57%.

Knight-Swift Transportation Holdings EBIT Historical Data

The historical data trend for Knight-Swift Transportation Holdings's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Knight-Swift Transportation Holdings EBIT Chart

Knight-Swift Transportation Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

443.41

577.62

995.78

1,071.31

397.39

Knight-Swift Transportation Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT	Get a 7-Day Free Trial															159.54	109.22	98.03	30.60	34.57

Competitive Comparison of Knight-Swift Transportation Holdings's EBIT

For the Trucking subindustry, Knight-Swift Transportation Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Knight-Swift Transportation Holdings's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Knight-Swift Transportation Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Knight-Swift Transportation Holdings's EV-to-EBIT falls into.

Knight-Swift Transportation Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $272 Mil.

Knight-Swift Transportation Holdings (NYSE:KNX) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Knight-Swift Transportation Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	82.064 * ( 1 - -13.34% )	/	( (11656.514	+	11766.43)	/ 2 )
=	93.0113376	/	11711.472
=	0.79 %

where

	Invested Capital		(Q: Sep. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	12840.281	-	1152.968	-	( 193.372	-	max(0, 1730.374	-	1761.173	+	193.372	))
=	11656.514

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	12870.765	-	1220.607	-	( 168.545	-	max(0, 1825.287	-	1709.015	+	168.545	))
=	11766.43

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Knight-Swift Transportation Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	122.408	/	( ( (5010.254 + max(342.5, 0))	+	(5101.22 + max(241.802, 0)) )	/	2 )
=	122.408	/	( ( 5352.754	+	5343.022 )	/	2 )
=	122.408	/	5347.888
=	2.29 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(971.175	+	0	+	524.293)	-	(1152.968	+	0	+	0)
=	342.5

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(888.603	+	0	+	573.806)	-	(1220.607	+	0	+	2.2737367544323E-13)
=	241.802

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Knight-Swift Transportation Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	272.419	/	10583.053
	=	2.57 %

Knight-Swift Transportation Holdings EBIT Related Terms

Thank you for viewing the detailed overview of Knight-Swift Transportation Holdings's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Knight-Swift Transportation Holdings (Knight-Swift Transportation Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Knight-Swift Transportation Holdings Inc (NYSE:KNX) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

KSX:Germany

Address

2002 West Wahalla Lane, Phoenix, AZ, USA, 85027

Website

https://www.knight-swift.com

Knight-Swift is the largest truckload, or TL, carrier in the U.S., with a diversified transportation offering. Pro forma for the U.S. Xpress deal, 74% of revenue derives from Knight's asset-based trucking business, with full-truckload (for-hire dry van, refrigerated, and dedicated contract) making up 63% and LTL at 11%. Truck brokerage and other asset-light logistics services make up 14% of revenue, with intermodal near 6%. Knight's intermodal operations use the Class-I railroads for the underlying movement of its shipping containers and also include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue (6%) reflects services offered to shippers and third-party truckers including insurance, equipment maintenance, and equipment leasing.

Executives

Timothy Sean Harrington	officer: Exec. Vice Pres. Sales	2200 NORTH 75TH AVENUE, PHOENIX AZ 85027
James L Fitzsimmons	officer: Exec. Vice Pres. Operations	2200 NORTH 75TH AVENUE, PHOENIX AZ 85027
Cary M Flanagan	officer: Controller	SWIFT TRANSPORTATION COMPANY, 2200 SOUTH 75TH AVENUE, PHOENIX AZ 85043
Amy Boerger	director	2002 W WAHALLA LANE, PHOENIX AZ 85027
Kevin P Knight	director, officer: Executive Chairman	5601 WEST BUCKEYE ROAD, PHOENIX AZ 85043
Joshua Smith	officer: CFO, US Xpress Inc.	2002 W WAHALLA LANE, PHOENIX AZ 85027
Dustin Ohlman	officer: VP Intermodal	2200 S 75TH AVE, PHOENIX AZ 85043
Reed Stultz	officer: SR VP Logistics	2002 W WAHALLA LANE, PHOENIX AZ 85027
Michael K Liu	officer: Exec VP of Ops, Knight Trans	5601 WEST BUCKEYE ROAD, PHOENIX AZ 85043
Kathryn L Munro	director	200 N WASHINGTON SQUARE, LANSING MI 48933
Jessica Powell	director	2002 W WAHALLA, PHOENIX AZ 85027
Updike James E. Jr.	officer: EVP Sales & Mkt, Knight Trans.	5601 WEST BUCKEYE ROAD, PHOENIX AZ 85043
Louis Hobson	director	2002 W WAHALLA LANE, PHOENIX AZ 85027
Gary J Knight	director, officer: Vice Chairman	2200 NORTH 75TH AVENUE, PHOENIX AZ 85027
Reid Dove	director	20002 NORTH 19TH AVENUE, PHOENIX AZ 85027