Knight-Swift Transportation Holdings Inc.

KNXNYSEIndustrials● Active

$80.37

+$1.80(+2.29%)

Market Cap$13.1B

P/E Ratio—

52W High$80.49

52W Low$38.63

Avg Volume3.7M

Open$78.48

Beta1.20

Free Cash Flow Financials Revenue

Knight-Swift Transportation Holdings Inc. (KNX) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

KNX · free cash flow · updated Jun 8, 2026

Core FCF metrics

KNX · FCF · TTM · margin & CAGR

Free cash flow was $763.2M for FY2025 (fiscal year ending 2025-12-31), up 3899.6% year-over-year The FCF margin was 10.2%. Five-year CAGR stands at +13.9%.

FY2025 Free Cash Flow$763.2M▲ +3899.6% YoY

Trailing 12M (TTM)$1.25Btrailing 4 quarters sum

FCF Margin10.2%$763.2M ÷ revenue

3-Year CAGR+6.3%FY2022 → FY2025

5-Year CAGR+13.9%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

KNX · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.27B(503M)$763.2M▲ +3899.6%10.2%

FY2024$799.1M(819M)−$20.1M▼ 122.3%-0.3%

FY2023$1.16B(1.07B)$90.1M▼ 85.8%1.3%

FY2022$1.44B(801M)$635.3M▼ 3.2%8.6%

FY2021$1.19B(534M)$656.1M▲ +64.6%10.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

KNX · P/FCF · FCF yield · FCF per share

Knight-Swift Transportation Holdings Inc. (KNX) trades at a FCF yield of 9.76% and a price-to-free-cash-flow ratio of 10.5x. FCF per share stands at $7.68, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

9.76%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$7.68

TTM FCF ÷ Shares Outstanding

Price / FCF

x10.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x12.2

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

KNX · cash flow statement · operating / investing / financing

For FY2025, Knight-Swift Transportation Holdings Inc. generated $1.27B in operating cash flow and spent 503M in capital expenditures, yielding $763.2M in free cash flow.

Operating Activities

+$1.27B

Cash from core business operations

2025-12-31

Investing Activities

−$520.4M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$807.7M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.27B) − |CapEx| (503M) = FCF ($763.2M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

KNX vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Knight-Swift Transportation Holdings Inc.YOU

KNX

$763.2M+3899.6%10.2%

Union Pacific Corporation

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Knight-Swift Transportation Holdings Inc. (KNX) reported free cash flow of $763.2M for FY2025 (fiscal year ending 2025-12-31), up 3899.6% year-over-year. The FCF margin was 10.2%.

Based on available data, Knight-Swift Transportation Holdings Inc. has maintained positive free cash flow for at least 8 fiscal year(s). FCF peaked at $763.2M in FY2025. The 5-year CAGR stands at +13.9%.

Knight-Swift Transportation Holdings Inc.'s FCF yield is 9.76% and price-to-FCF ratio is 10.5x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

KNX free cash flow · 8 questions

Knight-Swift Transportation Holdings Inc. free cash flow was $763.2M for FY2025, up 3899.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.25B.

KNX free cash flowKNX FCFKNX FCF 2025KNX free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Knight-Swift Transportation Holdings Inc. · Knight-Swift Transportation Holdings Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026