Correction, 18 September 2026: an earlier version of this post described Apr 22 as the end of the quarter. It is the date the results were reported.
What changed
$KNX (Knight-Swift Transportation Holdings) reported results on April 22, 2026. EPS came in at $0.09, down from $0.28 in the same period a year earlier — a year-over-year decline of 67.9%. Revenue grew 1.4% year over year, a modest positive in an otherwise difficult earnings picture.
We do not have guidance commentary from this report.
Recibe el resumen semanal de ACCE
Rentabilidad de los índices, repaso de las selecciones y los mayores cambios de puntuación, cada domingo. Sin relleno.
What the numbers tell us
The gap between top-line and bottom-line performance is the story here. Revenue held roughly flat, but earnings compressed sharply. That kind of divergence typically points to cost pressure, margin erosion, or both — common themes across trucking and freight in a soft rate environment. With a net margin of just 0.4% and ROE of 0.5%, $KNX is generating very little profit on each dollar of revenue or equity right now.
The trailing P/E of 365.3 reflects how thin earnings have become rather than a market bet on explosive growth. The forward P/E of 38.2 suggests the market expects a meaningful earnings recovery, though we have no guidance data here to confirm that trajectory.
On the positive side, $KNX carries a FCF yield of 6.1% and earnings quality is rated strong — meaning the cash generation picture looks better than the headline EPS figure implies. The stock has also returned 71.4% over the past year, which is reflected in its Momentum score of 97 out of 100.
The ACCE score sits at 52/100. The breakdown shows Momentum (97) carrying most of the weight, while Growth (19) and Quality (38) lag. Value scores 55, which aligns with the 6-model fair value estimate of $82.26 — roughly 8.0% above the current price of $76.14. The analyst consensus target is $86.63.
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