Sector: Industrials | Industry: Ground Freight & Logistics |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 2200 S 75th Ave PHOENIX AZ 85043-7410 |
Tel: | N/A |
Website: | https://knight-swift.com |
IR: | See website |
Key People | ||
Kevin P. Knight Executive Chairman of the Board | Cary Michael Flanagan Senior Vice President, Chief Accounting Officer | David A. Jackson President |
Adam W. Miller Chief Executive Officer, Treasurer, Director | Gary J. Knight Vice Chairman of the Board | Andrew Hess Chief Financial Officer |
Wilburn Prickett President, Chief Operating Officer of AAA Cooper Transportation | James L. Fitzsimmons Executive Vice President - Operations of Swift | Timothy Harrington Executive Vice President - Sales of Swift | Michael K. Liu Executive Vice President - Operations of Knight |
Business Overview |
Knight-Swift Transportation Holdings Inc. is a diversified freight transportation company. The Company provides multiple full truckloads, less-than-truckload (LTL), intermodal, and logistics services. Its segments include Truckload, LTL, Logistics, and Intermodal. The Truckload segment consist of irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations. The LTL segment provides its customers with regional LTL transportation services through a network of approximately 120 service centers in the Company's geographical footprint. The Logistics segment consists of brokerage and other freight management services utilizing third-party transportation providers and their equipment. The Intermodal segment offers transportation services, which include arranging the movement of customers' freight through third-party intermodal rail services on the Company's trailing equipment, such as containers and trailers on flat cars. |
Financial Overview |
For the fiscal year ended 31 December 2023, Knight-Swift Transportation Holdings Inc revenues decreased 4% to $7.14B. Net income decreased 72% to $217.1M. Revenues reflect Logistics segment decrease of 37% to $582.3M, Intermodal segment decrease of 15% to $410.5M, Nonreportable Segment decrease of 11% to $462.1M. Net income also reflects Trucking segment income decrease of 60% to $298M. |
Employees: | 34,300 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $10,325M as of Mar 31, 2024 |
Annual revenue (TTM): | $7,142M as of Mar 31, 2024 |
EBITDA (TTM): | $1,038M as of Mar 31, 2024 |
Net annual income (TTM): | $217.15M as of Mar 31, 2024 |
Free cash flow (TTM): | -$1.08M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $2,515M as of Mar 31, 2024 |
Shares outstanding: | 161,009,304 as of Mar 18, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |