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Knight-Swift Transportation HoldingsKNX -1.93%83 ROC (Joel Greenblatt) % is 7.07% as of Jun. 2026, which is 55% below its 10-year median of 15.85. GuruFocus rates KNX with a GF Score™ of 83/100 and a GF Value™ of $55.28 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,001 Transportation companies, Knight-Swift Transportation Holdings ranks worse than 77.72% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Knight-Swift Transportation Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 7.07%.
The historical rank and industry rank for Knight-Swift Transportation Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:
KNX'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.04 Med: 15.85 Max: 27.77
Current: 4.04
During the past 13 years, Knight-Swift Transportation Holdings's highest ROC (Joel Greenblatt) % was 27.77%. The lowest was 4.04%. And the median was 15.85%.
KNX's ROC (Joel Greenblatt) % is ranked worse than 77.72% of 1001
companies
in the Transportation industry
Industry Median: 11.77
vs KNX: 4.04
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
* 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.
KNX vs SAIA, SNDR, RXO: ROC (Joel Greenblatt) % Comparison
For the Trucking subindustry, Knight-Swift Transportation Holdings's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Knight-Swift Transportation Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Knight-Swift Transportation Holdings's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 7.07% mean?
Knight-Swift Transportation Holdings (KNX) has a ROC (Joel Greenblatt) % of 7.07% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Knight-Swift Transportation Holdings and its competitors. This is 55% below median its historical median of 15.85. Over the past decade, Knight-Swift Transportation Holdings' ROC (Joel Greenblatt) % has ranged from 4.04 to 27.77. According to the industry distribution chart, Knight-Swift Transportation Holdings ranks #778 out of 1001 companies in the Transportation industry, placing it in the top 77.7%.
Is Knight-Swift Transportation Holdings' ROC (Joel Greenblatt) % too high?
Knight-Swift Transportation Holdings' current ROC (Joel Greenblatt) % of 7.07% is 55% below median its 10-year median of 15.85. Over the past 10 years, this metric has ranged from a low of 4.04 to a high of 27.77. The Transportation industry median ROC (Joel Greenblatt) % is 11.77. Knight-Swift Transportation Holdings' value of 7.07% is 39.9% below this industry median. Based on the distribution chart, Knight-Swift Transportation Holdings ranks #778 out of 1001 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Knight-Swift Transportation Holdings has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Knight-Swift Transportation Holdings' ROC (Joel Greenblatt) % compare to SAIA and SNDR?
According to the Transportation industry distribution chart, Knight-Swift Transportation Holdings ranks #778 out of 1001 companies for ROC (Joel Greenblatt) %. This places Knight-Swift Transportation Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.77. Knight-Swift Transportation Holdings' value of 7.07% is 39.9% below this benchmark. Historically, Knight-Swift Transportation Holdings' own ROC (Joel Greenblatt) % has ranged from 4.04 to 27.77 over the past decade. While the company's 10-year median is 15.85 vs. the industry median of 11.77, 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 ROC (Joel Greenblatt) % for a Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.77, based on 1,001 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Knight-Swift Transportation Holdings's current ROC (Joel Greenblatt) % of 7.07% is 39.9% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Knight-Swift Transportation Holdings and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Knight-Swift Transportation Holdings's current ROC (Joel Greenblatt) % is 7.07%, which is 55% below median its own 10-year median of 15.85. 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 (KNX) is currently considered Modestly Overvalued. The stock's GF Value™ is $55.28, compared to a current price of $68.67 — trading 24.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 7.07%, which is 55% below median its 10-year median of 15.85 and 39.9% below the Transportation industry median of 11.77. Knight-Swift Transportation Holdings' overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Knight-Swift Transportation Holdings (KNX), the current ROC (Joel Greenblatt) % is 7.07% 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 (KNX) Overvalued in 2026?
Based on GuruFocus' analysis, Knight-Swift Transportation Holdings stock appears to be overvalued.
The current stock price of $68.67 is trading 24.2% above its estimated GF Value™ of $55.28.
GuruFocus considers Knight-Swift Transportation Holdings to be Modestly Overvalued.
Key valuation signals for KNX:
ROC (Joel Greenblatt) %: 7.07% (55% below median its 10-year median of 15.85)
GF Value™: $55.28 vs. price of $68.67 (24.2% above fair value)
Industry Position: 39.9% below the Transportation median (#778 of 1001)
No single metric tells the full story. See the KNX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
83GF Score
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