← Knight-Swift Transportation Holdings Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $149.3m |
$484.3m
+224.45%
|
$419.3m
-13.43%
|
$309.2m
-26.25%
|
$410.0m
+32.60%
|
$743.4m
+81.31%
|
$771.3m
+3.76%
|
$217.1m
-71.85%
|
$117.6m
-45.83%
|
$65.9m
-43.94%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | $485.4m | $420.6m | $310.2m | $410.6m | $743.7m | $771.1m | $215.5m | $116.1m | $65.6m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $1.1m | $1.4m | $972k | $633k | $360k | ($207k) | ($1.6m) | ($1.5m) | ($392k) | — | |
| Depreciation, Depletion and Amortization | $283.9m | $207.1m | $430.1m | $463.0m | $506.7m | $577.9m | $659.8m | $735.1m | $792.8m | $788.1m | $788.2m | |
| Amortization | — | ($10k) | ($17k) | ($232k) | ($11k) | ($9k) | $0 | $0 | — | — | $76.2m | |
| Amortization of Intangible Assets | $16.8m | $13.4m | $42.6m | $42.9m | $45.9m | $55.3m | $64.8m | $70.1m | $75.3m | $77.0m | — | |
| Depreciation | — | — | — | — | — | — | $595.0m | $665.0m | $717.5m | $711.1m | $712.0m | |
| Amortization Cash Flow | — | — | — | — | — | — | $64.8m | $70.1m | $75.3m | $77.0m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $64.8m | $70.1m | $75.3m | $77.0m | $76.2m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $659.8m | $735.1m | $792.8m | $788.1m | $788.2m | |
| Deferred Income Tax Expense (Benefit) | ($36.6m) | ($305.1m) | $61.6m | $31.0m | $46.2m | $39.9m | $31.1m | $10.5m | ($19.3m) | ($15.6m) | $38.3m | |
| Deferred Income Tax | — | — | — | — | — | — | $30.9m | $10.8m | ($22.3m) | ($15.7m) | $38.3m | |
| Deferred Tax | — | — | — | — | — | — | $30.9m | $10.8m | ($22.3m) | ($15.7m) | $38.3m | |
| Share-based Payment Arrangement, Noncash Expense | $6.0m | $6.2m | — | — | — | — | — | — | — | — | — | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $4.7m | — | — | — | — | — | — | — | — | — | |
| Share-based Payment Arrangement, Expense | $6.0m | $6.4m | $12.4m | $16.0m | $26.6m | $28.1m | $33.9m | $27.9m | $23.6m | $28.6m | — | |
| Equity Method Investment, Other than Temporary Impairment | — | $56k | — | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27.4m | $88.6m | |
| Asset Impairment Charge | — | — | — | — | — | — | $810k | $2.2m | $19.0m | $98.3m | $88.6m | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | — | ($3.7m) | ($3.9m) | $52.3m | ($2.1m) | $12.1m | $12.1m | — | |
| Income (Loss) from Equity Method Investments | — | $1.4m | — | — | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | ($27.0m) | ($6.9m) | ($17.0m) | ($13.5m) | ($4.1m) | $8.9m | ($71.3m) | ($67.9m) | ($94.3m) | ($120.7m) | — | |
| Other Nonoperating Income (Expense) | $3.9m | $558k | $10.0m | $12.1m | $11.3m | $28.9m | ($26.0m) | $37.7m | $60.3m | $30.1m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($74.7m) | $80.9m | ($233.7m) | $203.8m | $272.6m | |
| Increase (Decrease) in Accounts Receivable | ($15.0m) | $48.5m | $9.4m | ($70.1m) | $75.5m | $214.6m | — | — | — | — | $384.9m | |
| Change In Receivables | — | — | — | — | — | — | $643k | $148.3m | $106.6m | $477.7m | $384.9m | |
| Changes In Account Receivables | — | — | — | — | — | — | $58.7m | $155.1m | $78.0m | $486.3m | $384.9m | |
| Increase (Decrease) in Accounts Payable | — | — | — | — | — | — | ($24.8m) | $12.6m | $14.8m | ($130.3m) | ($20.5m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($13.6m) | $65.9m | ($206.8m) | ($129.3m) | ($20.5m) | |
| Change In Accrued Expense | — | — | — | — | — | — | $11.2m | $53.3m | ($221.6m) | $1.0m | $63.8m | |
| Increase (Decrease) in Other Operating Assets | ($1.2m) | $4.5m | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Other Assets | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($42.9m) | ($120.5m) | ($175.9m) | ($161.6m) | ($163.9m) | |
| Net Cash Provided by (Used in) Operating Activities | $466.3m |
$322.6m
-30.82%
|
$882.0m
+173.40%
|
$839.6m
-4.81%
|
$919.6m
+9.53%
|
$1.2b
+29.41%
|
$1.4b
+20.64%
|
$1.2b
-19.10%
|
$799.1m
-31.21%
|
$1.3b
+58.52%
|
$1.4b
+9.82%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($8.1m) | $8.9m | $36.2m | $32.9m | $9.7m | $74.8m | $92.9m | $64.7m | $34.4m | $71.4m | ($70.8m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $18.3m | ($8.9m) | ($36.2m) | ($32.9m) | ($9.7m) | ($74.8m) | ($92.9m) | ($64.7m) | ($34.4m) | ($71.4m) | ($70.8m) | |
| Capital Expenditure | — | — | — | — | — | — | ($800.6m) | ($1.1b) | ($819.1m) | ($805.8m) | ($845.5m) | |
| Gain (Loss) on Investments | — | — | — | — | — | $100k | — | — | — | — | ($928k) | |
| Payments to Acquire Investments | — | — | — | — | — | $25.0m | — | — | — | — | $0 | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | ($92.0m) | $101.7m | $1.9m | $46.8m | $1.5b | $31.3m | $458.3m | $185.5m | $0 | — | |
| Payments for (Proceeds from) Other Investing Activities | — | ($10.0m) | ($10.1m) | $4.3m | $42.3m | $5.1m | ($4.2m) | ($6.5m) | $8.5m | $5.5m | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($27.6m) | ($452.6m) | ($194.4m) | ($6.5m) | $3.2m | |
| Net Cash Provided by (Used in) Investing Activities | ($122.6m) | ($204.3m) | ($647.3m) | ($583.7m) | ($480.7m) | ($1.8b) | ($646.2m) | ($1.2b) | ($759.1m) | ($520.4m) | ($587.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $0 | — | — | — | — | — | — | — | — | — | — | |
| Proceeds from Issuance of Long-term Debt | $0 | $400.0m | $0 | $0 | $0 | $1.2b | $0 | $250.0m | $150.0m | $1.0b | $3.4b | |
| Debt and Equity Securities, Gain (Loss) | — | — | — | — | ($3.7m) | ($3.9m) | ($52.3m) | $2.1m | ($11.6m) | $910k | — | |
| Debt and Equity Securities, Realized Gain (Loss) | — | — | — | — | ($3.7m) | ($3.9m) | $52.3m | $100k | $11.6m | ($910k) | — | |
| Debt and Equity Securities, Unrealized Gain (Loss) | — | — | — | — | ($3.7m) | $4.5m | — | ($2.1m) | $11.6m | ($910k) | — | |
| Issuance Of Debt | — | — | — | — | — | — | $472.5m | $913.0m | $730.8m | $2.0b | $3.4b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $472.5m | $913.0m | $730.8m | $2.0b | $3.4b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($824.3m) | ($651.2m) | ($758.7m) | ($2.7b) | ($4.0b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($351.8m) | $261.8m | ($27.9m) | ($687.5m) | ($676.5m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($351.8m) | $261.8m | ($27.9m) | ($687.5m) | ($646.5m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | $50.0m | ($217.0m) | — | — | — | — | |
| Repayment Of Debt | — | — | — | — | — | — | ($824.3m) | ($651.2m) | ($758.7m) | ($2.7b) | ($4.0b) | |
| Payments for Repurchase of Common Stock | $117.1m | $0 | $179.3m | $86.9m | $179.6m | $57.2m | $299.9m | $0 | $0 | — | — | |
| Common Stock Dividend Paid | — | — | — | — | — | ($63.5m) | ($78.3m) | — | — | — | — | |
| Common Stock Issuance | — | — | — | — | — | — | $7.4m | $5.2m | $5.3m | $5.4m | $5.2m | |
| Common Stock Payments | — | — | — | — | — | ($57.2m) | ($299.9m) | $0 | $0 | — | $0 | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $7.4m | $5.2m | $5.3m | $5.4m | $5.2m | |
| Repurchase Of Capital Stock | — | — | — | — | — | ($57.2m) | ($299.9m) | $0 | $0 | — | $0 | |
| Dividends paid | ($19.6m) | $25.5m | $42.8m | $41.4m | $54.6m | $63.5m | $78.3m | $91.1m | $104.2m | $117.4m | ($124.3m) | |
| Dividends Payable, Current | — | $303k | — | — | — | — | — | — | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($78.3m) | ($91.1m) | ($104.2m) | ($117.4m) | ($124.3m) | |
| Proceeds from (Payments for) Other Financing Activities | — | ($7.9m) | ($5.3m) | ($3.0m) | ($13.5m) | ($14.4m) | ($31.7m) | ($25.1m) | ($12.7m) | ($8.2m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($31.7m) | ($25.1m) | ($12.7m) | ($8.2m) | ($85.0m) | |
| Net Cash Provided by (Used in) Financing Activities | ($361.9m) |
$24.0m
+106.63%
|
($255.4m)
-1164.34%
|
($184.6m)
+27.72%
|
($443.9m)
-140.41%
|
$779.3m
+275.57%
|
($754.3m)
-196.79%
|
$150.7m
+119.98%
|
($139.4m)
-192.51%
|
($807.7m)
-479.46%
|
($880.5m)
-9.01%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($288k) | $142.3m | ($20.8m) | $71.3m | ($5.0m) | $152.7m | $35.3m | $84.3m | ($99.5m) | ($61.5m) | $267.7m | |
| Beginning Cash Position | — | — | — | — | — | — | $350.0m | $385.3m | $469.7m | $370.2m | $345.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $0 | $151.7m | $131.0m | $202.2m | $197.3m | $350.0m | $385.3m | $469.7m | $370.2m | $308.7m | $267.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $28.7m | $28.9m | $17.4m | $18.9m | $48.9m | $118.2m | $174.5m | $161.3m | — | |
| Income Taxes Paid, Net | $79.2m | $51.8m | $16.1m | $78.7m | $80.0m | $167.1m | $289.2m | $40.4m | $9.9m | $50.3m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Derivative Instruments, Net, Pretax | $0 | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Properties | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | ($3.0m) | — | — | — | — | — | — | — | — | — | — | |
| Goodwill | $253.3m | $2.9b | $2.9b | $2.9b | $2.9b | $3.5b | $3.5b | $3.8b | $4.0b | $3.9b | $88.6m | |
| Income Tax Expense (Benefit) | $65.7m | ($291.7m) | $131.4m | $103.8m | $149.7m | $230.9m | $249.4m | $54.8m | $33.0m | $29.8m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $171.2m | $161.8m | — | |
| Investment Income, Interest | $2.6m | $1.2m | $3.2m | $3.8m | $1.9m | $1.2m | $5.4m | $21.6m | $16.6m | $10.9m | — | |
| Operating Expenses | $3.8b | $2.2b | $4.8b | $4.4b | $12.3m | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | — | — | $55.2m | $56.9m | $130.3m | $171.7m | $166.8m | — | |
| Proceeds from Stock Options Exercised | — | $13.2m | $10.8m | $10.5m | $10.2m | $5.9m | $2.5m | $162k | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($754.3m) | $150.7m | ($139.4m) | ($807.7m) | ($880.5m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($646.2m) | ($1.2b) | ($759.1m) | ($520.4m) | ($587.8m) | |
| Change In Account Payable | — | — | — | — | — | — | ($24.8m) | $12.6m | $14.8m | ($130.3m) | ($20.5m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $35.3m | $84.3m | ($99.5m) | ($61.5m) | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($18.8m) | ($12.7m) | $42.4m | $17.0m | $8.3m | |
| Change In Payable | — | — | — | — | — | — | ($24.8m) | $12.6m | $14.8m | ($130.3m) | ($20.5m) | |
| Changes In Cash | — | — | — | — | — | — | $35.3m | $84.3m | ($99.5m) | ($61.5m) | ($77.3m) | |
| End Cash Position | — | — | — | — | — | — | $385.3m | $469.7m | $370.2m | $308.7m | $267.7m | |
| Financing Cash Flow | — | — | — | — | — | — | ($754.3m) |
$150.7m
+119.98%
|
($139.4m)
-192.51%
|
($807.7m)
-479.46%
|
($880.5m)
-9.01%
|
|
| Free Cash Flow | — | — | — | — | — | — | $635.3m | $90.1m | ($20.1m) | $460.8m | $545.6m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $52.3m | ($2.1m) | $11.6m | ($910k) | ($928k) | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | ($92.9m) | ($64.7m) | ($34.4m) | ($71.4m) | ($69.8m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($646.2m) | ($1.2b) | ($759.1m) | ($520.4m) | ($587.8m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($1.4m) | $3.6m | $530k | $0 | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($617.1m) | ($779.0m) | ($565.2m) | ($513.8m) | ($591.1m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($40.6m) | ($66.7m) | ($22.9m) | ($72.3m) | ($70.8m) | |
| Other Non Cash Items | — | — | — | — | — | — | $88.6m | $183.8m | $150.0m | $199.0m | — | |
| Purchase Of Investment | — | — | — | — | — | — | ($11.1m) | ($30k) | $0 | $0 | $0 | |
| Purchase Of PPE | $239.4m | $756.0m | — | $830.0m | — | — | ($800.6m) | ($1.1b) | ($819.1m) | ($805.8m) | ($845.5m) | |
| Sale Of Investment | — | — | — | — | — | — | $9.7m | $3.6m | $530k | $0 | $0 | |
| Sale Of PPE | — | — | — | — | — | — | $183.4m | $292.6m | $253.9m | $292.0m | $254.4m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | ($12.6m) | $0 | $0 | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.