Knight-Swift Transportation Holdings (FRA:KSX) Gross Margin %: 15.27% (As of Jun. 2026) — 14% Below Median

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FRA:KSX Knight-Swift Transportation Holdings Inc FRA:KSX
85 GF Score
Price €60.00
GF Value €48.34
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Knight-Swift Transportation Holdings Gross Margin %?

Knight-Swift Transportation Holdings FRA:KSX -1.64% 85 Gross Margin % is 15.27% as of Jun. 2026, which is 14% below its 10-year median of 17.77. GuruFocus rates FRA:KSX with a GF Score™ of 85/100 and a GF Value™ of €48.34 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 983 Transportation companies, Knight-Swift Transportation Holdings ranks worse than 66.02% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Knight-Swift Transportation Holdings's Gross Profit for the three months ended in Jun. 2026 was €278 Mil. Knight-Swift Transportation Holdings's Revenue for the three months ended in Jun. 2026 was €1,819 Mil. Therefore, Knight-Swift Transportation Holdings's Gross Margin % for the quarter that ended in Jun. 2026 was 15.27%.

Warning Sign:

Knight-Swift Transportation Holdings Inc gross margin has been in long-term decline. The average rate of decline per year is -10.4%.


The historical rank and industry rank for Knight-Swift Transportation Holdings's Gross Margin % or its related term are showing as below:

FRA:KSX' s Gross Margin % Range Over the Past 10 Years
Min: 13.96   Med: 17.77   Max: 23.89
Current: 14.23


During the past 13 years, the highest Gross Margin % of Knight-Swift Transportation Holdings was 23.89%. The lowest was 13.96%. And the median was 17.77%.

FRA:KSX's Gross Margin % is ranked worse than
66.02% of 983 companies
in the Transportation industry
Industry Median: 20.55 vs FRA:KSX: 14.23

Knight-Swift Transportation Holdings had a gross margin of 15.27% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Knight-Swift Transportation Holdings was -10.40% per year.


Knight-Swift Transportation Holdings  (FRA:KSX) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Knight-Swift Transportation Holdings had a gross margin of 15.27% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Knight-Swift Transportation Holdings Gross Margin % Related Terms


Knight-Swift Transportation Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Knight-Swift Transportation Holdings's Gross Margin % 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.

Knight-Swift Transportation Holdings Gross Margin % Chart

Knight-Swift Transportation Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.55 23.89 17.56 13.96 13.96

Knight-Swift Transportation Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.92 14.70 13.70 13.10 15.27

FRA:KSX vs SAIA, SNDR, RXO: Gross Margin % Comparison

For the Trucking subindustry, Knight-Swift Transportation Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Knight-Swift Transportation Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Knight-Swift Transportation Holdings's Gross Margin % falls into.


FRA:KSX
85GF Score
Knight-Swift Transportation Holdings Inc FRA:KSX
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Knight-Swift Transportation Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Knight-Swift Transportation Holdings's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=890.6 / 6379.114
=(Revenue - Cost of Goods Sold) / Revenue
=(6379.114 - 5488.496) / 6379.114
=13.96 %

Knight-Swift Transportation Holdings's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=277.8 / 1819.078
=(Revenue - Cost of Goods Sold) / Revenue
=(1819.078 - 1541.247) / 1819.078
=15.27 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 15.27% mean?
Knight-Swift Transportation Holdings (FRA:KSX) has a Gross Margin % of 15.27% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Knight-Swift Transportation Holdings and its competitors. This is 14% below median its historical median of 17.77. Over the past decade, Knight-Swift Transportation Holdings' Gross Margin % has ranged from 13.96 to 23.89. According to the industry distribution chart, Knight-Swift Transportation Holdings ranks #649 out of 983 companies in the Transportation industry, placing it in the top 66%.
Is Knight-Swift Transportation Holdings' Gross Margin % too high?
Knight-Swift Transportation Holdings' current Gross Margin % of 15.27% is 14% below median its 10-year median of 17.77. Over the past 10 years, this metric has ranged from a low of 13.96 to a high of 23.89. The Transportation industry median Gross Margin % is 20.55. Knight-Swift Transportation Holdings' value of 15.27% is 25.7% below this industry median. Based on the distribution chart, Knight-Swift Transportation Holdings ranks #649 out of 983 companies in the Transportation industry, which is below the industry midpoint. Overall, Knight-Swift Transportation Holdings has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Knight-Swift Transportation Holdings' Gross Margin % compare to SAIA and SNDR?
According to the Transportation industry distribution chart, Knight-Swift Transportation Holdings ranks #649 out of 983 companies for Gross Margin %. This places Knight-Swift Transportation Holdings in the lower half of its industry. The industry median Gross Margin % is 20.55. Knight-Swift Transportation Holdings' value of 15.27% is 25.7% below this benchmark. Historically, Knight-Swift Transportation Holdings' own Gross Margin % has ranged from 13.96 to 23.89 over the past decade. While the company's 10-year median is 17.77 vs. the industry median of 20.55, Knight-Swift Transportation Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.55, based on 983 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Knight-Swift Transportation Holdings's current Gross Margin % of 15.27% is 25.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Knight-Swift Transportation Holdings and its competitors. For the Transportation industry, the median Gross Margin % is 20.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Knight-Swift Transportation Holdings's current Gross Margin % is 15.27%, which is 14% below median its own 10-year median of 17.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Knight-Swift Transportation Holdings stock overvalued right now?
Based on GuruFocus' analysis, Knight-Swift Transportation Holdings (FRA:KSX) is currently considered Modestly Overvalued. The stock's GF Value™ is €48.34, compared to a current price of €60.00 — trading 24.1% above its estimated fair value. The current Gross Margin % is 15.27%, which is 14% below median its 10-year median of 17.77 and 25.7% below the Transportation industry median of 20.55. Knight-Swift Transportation Holdings' overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Knight-Swift Transportation Holdings (FRA:KSX), the current Gross Margin % is 15.27% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Knight-Swift Transportation Holdings (FRA:KSX) Overvalued in 2026?

Based on GuruFocus' analysis, Knight-Swift Transportation Holdings stock appears to be overvalued. The current stock price of €60.00 is trading 24.1% above its estimated GF Value™ of €48.34. GuruFocus considers Knight-Swift Transportation Holdings to be Modestly Overvalued.

Key valuation signals for FRA:KSX:

  • Gross Margin %: 15.27% (14% below median its 10-year median of 17.77)
  • GF Value™: €48.34 vs. price of €60.00 (24.1% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 25.7% below the Transportation median (#649 of 983)

No single metric tells the full story. See the FRA:KSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Knight-Swift Transportation Holdings Business Description

Other Exchanges KNX:USAKSX:Germany
Address 2002 West Wahalla Lane, Phoenix, AZ, USA, 85027
Knight-Swift Transportation is the largest full-truckload carrier in the US, with a diversified transportation offering. Roughly 82% 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 less than truckload 19%. Truck brokerage and other asset-light logistics services make up 8% of revenue, with intermodal near 5%. Knight's intermodal operations use the Class I railroads for the underlying movement of its shipping containers and include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue is from services offered to shippers and third-party truckers, including equipment maintenance and leasing.
85GF Score

Get the complete analysis for FRA:KSX

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€60.00
Price
€48.34
GF Value