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ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Knight-Swift Transportation Holdings's annualized ROCE % for the quarter that ended in Jun. 2026 was 3.30%.
Knight-Swift Transportation Holdings (NYSE:KNX) ROCE % Explanation
ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.
Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.
Knight-Swift Transportation Holdings ROCE % Related Terms
Knight-Swift Transportation Holdings ROCE % Historical 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.
(1) 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.
Knight-Swift Transportation Holdings (KNX) has a ROCE % of 3.30% as of Jun. 2026.
Is Knight-Swift Transportation Holdings' ROCE % too high?
Knight-Swift Transportation Holdings' current ROCE % is 3.30%. The Transportation industry median ROCE % is 7.78. Knight-Swift Transportation Holdings' value of 3.30% is 57.6% below this industry median. 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' ROCE % compare to SAIA and SNDR?
Knight-Swift Transportation Holdings' ROCE % of 3.30% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.78. Knight-Swift Transportation Holdings' value of 3.30% is 57.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Transportation company?
The median ROCE % among Transportation companies is 7.78, based on 992 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Knight-Swift Transportation Holdings's current ROCE % of 3.30% is 57.6% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median ROCE % is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Knight-Swift Transportation Holdings's current ROCE % is 3.30%. 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 ROCE % is 3.30% and 57.6% below the Transportation industry median of 7.78. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Knight-Swift Transportation Holdings (KNX), the current ROCE % is 3.30% 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:
ROCE %: 3.30%
GF Value™: $55.28 vs. price of $68.67 (24.2% above fair value)
Industry Position: 57.6% below the Transportation median
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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