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10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Knight-Swift Transportation Holdings's 10-Year ROIIC % for the quarter that ended in Dec. 2025 was 1.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Knight-Swift Transportation Holdings 10-Year ROIIC % Related Terms
Knight-Swift Transportation Holdings 10-Year ROIIC % 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.
KNX vs SAIA, SNDR, RXO: 10-Year ROIIC % Comparison
For the Trucking subindustry, Knight-Swift Transportation Holdings's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % vs Transportation Industry
For the Transportation industry and Industrials sector, Knight-Swift Transportation Holdings's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Knight-Swift Transportation Holdings's 10-Year ROIIC % falls into.
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( 216.192249 (Dec. 2025) - 113.0478 (Dec. 2015) )
/
( 11389.854 (Dec. 2025) - 1031.518 (Dec. 2015) )
=
103.144449
/
10358.336
=
1.00%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Knight-Swift Transportation Holdings (KNX) has a 10-Year ROIIC % of 1.00 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Knight-Swift Transportation Holdings and its competitors. According to the industry distribution chart, Knight-Swift Transportation Holdings ranks #516 out of 798 companies in the Transportation industry, placing it in the top 64.7%.
Is Knight-Swift Transportation Holdings' 10-Year ROIIC % too high?
Knight-Swift Transportation Holdings' current 10-Year ROIIC % is 1.00. The Transportation industry median 10-Year ROIIC % is 3.86. Knight-Swift Transportation Holdings' value of 1.00 is 74.1% below this industry median. Based on the distribution chart, Knight-Swift Transportation Holdings ranks #516 out of 798 companies in the Transportation industry, which is below the industry midpoint. 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' 10-Year ROIIC % compare to SAIA and SNDR?
According to the Transportation industry distribution chart, Knight-Swift Transportation Holdings ranks #516 out of 798 companies for 10-Year ROIIC %. This places Knight-Swift Transportation Holdings in the lower half of its industry. The industry median 10-Year ROIIC % is 3.86. Knight-Swift Transportation Holdings' value of 1.00 is 74.1% 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 10-Year ROIIC % for a Transportation company?
The median 10-Year ROIIC % among Transportation companies is 3.86, based on 798 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Knight-Swift Transportation Holdings's current 10-Year ROIIC % of 1.00 is 74.1% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Knight-Swift Transportation Holdings and its competitors. For the Transportation industry, the median 10-Year ROIIC % is 3.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Knight-Swift Transportation Holdings's current 10-Year ROIIC % is 1.00. 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 $55.32, compared to a current price of $68.67 — trading 24.1% above its estimated fair value. The current 10-Year ROIIC % is 1.00 and 74.1% below the Transportation industry median of 3.86. 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 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Knight-Swift Transportation Holdings (KNX), the current 10-Year ROIIC % is 1.00 as of Dec. 2025. 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 24.1% above its estimated GF Value™ of $55.32.
GuruFocus considers Knight-Swift Transportation Holdings to be Modestly Overvalued.
Key valuation signals for KNX:
10-Year ROIIC %: 1.00
GF Value™: $55.32 vs. price of $68.67 (24.1% above fair value)
Industry Position: 74.1% below the Transportation median (#516 of 798)
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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