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Knight-Swift Transportation Holdings Gross Margin %

: 21.86% (As of Jun. 2021)
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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. 2021 was $288 Mil. Knight-Swift Transportation Holdings's Revenue for the three months ended in Jun. 2021 was $1,316 Mil. Therefore, Knight-Swift Transportation Holdings's Gross Margin % for the quarter that ended in Jun. 2021 was 21.86%.

Warning Sign:

Knight-Swift Transportation Holdings Inc gross margin has been in long term decline. The average rate of decline per year is -1.5%.


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

NYSE:KNX' s Gross Margin % Range Over the Past 10 Years
Min: 17.4   Med: 18.64   Max: 22.17
Current: 22.17

17.4
22.17

During the past 13 years, the highest Gross Margin % of Knight-Swift Transportation Holdings was 22.17%. The lowest was 17.40%. And the median was 18.64%.

NYSE:KNX's Gross Margin % is ranked higher than
64% of the 892 Companies
in the Transportation industry.

( Industry Median: 15.86 vs. NYSE:KNX: 22.17 )

Knight-Swift Transportation Holdings had a gross margin of 21.86% for the quarter that ended in Jun. 2021 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Knight-Swift Transportation Holdings was -1.50% per year.


Knight-Swift Transportation Holdings Gross Margin % Historical Data

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.

* Premium members only.

Knight-Swift Transportation Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.96 17.41 17.97 17.40 20.73

Knight-Swift Transportation Holdings Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 18.33 22.05 23.51 21.22 21.86

Competitive 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 % Distribution

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.



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. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=969.1 / 4673.863
=(Revenue - Cost of Goods Sold) / Revenue
=(4673.863 - 3704.744) / 4673.863
=20.73 %

Knight-Swift Transportation Holdings's Gross Margin for the quarter that ended in Jun. 2021 is calculated as


Gross Margin % (Q: Jun. 2021 )=Gross Profit (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=287.6 / 1315.701
=(Revenue - Cost of Goods Sold) / Revenue
=(1315.701 - 1028.127) / 1315.701
=21.86 %

* 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.


Knight-Swift Transportation Holdings  (NYSE:KNX) 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 21.86% for the quarter that ended in Jun. 2021 => Competition eroding margins


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

Thank you for viewing the detailed overview of Knight-Swift Transportation Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Knight-Swift Transportation Holdings Business Description

Knight-Swift Transportation Holdings logo
Industry
Industrials » Transportation NAICS : 484121 SIC : 4213
Traded in Other Exchanges
Address
20002 North 19th Avenue, Phoenix, AZ, USA, 85027
Knight-Swift Transportation is by far the largest asset-based full-truckload carrier in the United States. About 80% of revenue derives from asset-based truckload shipping operations (including for-hire dry van, refrigerated, and dedicated contract). The remainder stems from truck brokerage and other asset-light logistics services (8%), as well as intermodal (8%), which uses the Class-I railroads for the underlying movement of the firm's shipping containers and also offers drayage services.
Executives
Moyes Vickie 10 percent owner SWIFT TRANSPORTATION COMPANY 2200 SOUTH 75TH AVENUE PHOENIX AZ 85043
Moyes Jerry 10 percent owner, other: Member of 10% group SWIFT TRANSPORTATION COMPANY 2200 SOUTH 75TH AVENUE PHOENIX AZ 85043
Moyes Jerry & Vickie Family Trust 10 percent owner SWIFT TRANSPORTATION COMPANY 2200 SOUTH 75TH AVENUE PHOENIX AZ 85043
Garnreiter Michael director 6735 E. GREENWAY PARKWAY UNIT #2049 SCOTTSDALE AZ 85254
Nester Lyndee Moyes other: Member of 10% owner group PO BOX 1397 TOLLESON AZ 85353
Moyes Michael other: Member of 10% owner group SWIFT TRANSPORTATION COMPANY 2200 SOUTH 75TH AVENUE PHOENIX AZ 85043
Breen Shannon officer: Sr. VP Logistics/Intermodal 2200 SOUTH 75TH AVENUE PHOENIX AZ 85027
Flanagan Cary M officer: SVP and CAO SWIFT TRANSPORTATION COMPANY 2200 SOUTH 75TH AVENUE PHOENIX AZ 85043
Harrington Timothy Sean officer: Exec Vice Pres Sales 2200 NORTH 75TH AVENUE PHOENIX AZ 85027
Knight Gary J director, officer: Vice Chairman PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: KNIGHT GARY J a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Knight Kevin P director, officer: Executive Chairman 5601 WEST BUCKEYE ROAD PHOENIX AZ 85043
Liu Michael K officer: Exec. VP of Ops, Knight Trans 5601 WEST BUCKEYE ROAD PHOENIX AZ 85043
Jackson David A director, officer: President and CEO PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: JACKSON DAVID A a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Yu Wayne officer: CAO of Knight Trans. Inc. 5601 WEST BUCKEYE ROAD PHOENIX AZ 85043
Carlson Todd F. officer: General Counsel and Secretary 5601 WEST BUCKEYE ROAD PHOENIX AZ 85043

Knight-Swift Transportation Holdings Headlines

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