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Balance Sheets Overview

Current Ratio
87.69%
Quick Ratio
87.69%
Cash Ratio
17.31%
Debt to Asset Ratio
41.76%
Unit: Thousand (K) dollars
Assets Breakdown
    • Gross property and equipment
    • Goodwill
    • Less accumulated depreciation an...
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Retained earnings
    • Convertible senior notes
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
186,114
222,774
220,420
192,677
Cash and cash equivalents restricted
74,715
70,447
82,381
101,677
Trade receivables, net of allowance for doubtful accounts of 29,354 and 30,647, respectively
434,776
425,522
305,324
864,539
Contract balance revenue in transit
12,014
12,570
9,642
8,687
Prepaid expenses
106,917
96,815
113,985
116,851
Assets held for sale
51,801
61,599
72,985
69,295
Income tax receivable
48,899
36,161
45,895
79,376
Other current assets
27,680
28,973
36,894
35,181
Total current assets
942,916
954,861
887,526
1,468,283
Revenue equipment
-
-
5,567,718
-
Land and land improvements
-
-
456,186
-
Buildings and building improvements
-
-
1,017,448
-
Furniture and fixtures
-
-
201,497
-
Shop and service equipment
-
-
95,050
-
Leasehold improvements
-
-
42,157
-
Gross property and equipment
7,581,734
7,401,723
7,380,056
7,327,009
Less accumulated depreciation and amortization
2,809,508
2,741,867
2,662,331
2,571,761
Property and equipment, net
4,772,226
4,659,856
4,717,725
4,755,248
Operating lease right-of-use-assets
291,343
316,960
314,571
297,060
Goodwill
3,934,741
3,934,741
3,934,741
3,962,142
Intangible assets, net
1,897,759
1,916,594
1,935,699
1,970,565
Other long-term assets
165,360
163,744
165,174
165,425
Total assets
12,004,345
11,946,756
11,955,436
12,618,723
Accounts payable
281,673
255,924
200,835
251,567
Accrued payroll and purchased transportation
209,555
169,390
194,910
213,761
Accrued liabilities
60,117
55,849
66,638
58,337
Claims accruals current portion
243,912
267,702
246,882
268,831
Finance lease liabilities and long-term debt current portion
166,487
486,021
194,406
204,731
Operating lease liabilities current portion
113,587
124,228
127,538
107,952
Accounts receivable securitization current portion
-
-
0
0
Total current liabilities
1,075,331
1,359,114
1,031,209
1,105,179
Revolving line of credit
0
658,000
626,000
707,000
Long-term debt less current portion
231,425
706,023
1,027,793
1,052,969
Convertible senior notes
1,465,833
-
-
-
Finance lease liabilities less current portion
511,867
475,534
502,042
479,883
Operating lease liabilities less current portion
195,965
212,925
207,788
209,788
Accounts receivable securitization
-
-
-
455,200
Claims accruals less current portion
396,082
374,188
359,546
340,981
Deferred tax liabilities
898,110
893,960
904,075
941,123
Other long-term liabilities
238,922
203,693
205,117
205,540
Total liabilities
5,013,535
4,883,437
4,863,570
5,497,663
Common stock, par value 0.01 per share 500,000 shares authorized 162,736 and 162,339 shares issued and outstanding as of june30, 2026 and december31, 2025, respectively
1,627
1,625
1,623
1,624
Additional paid-in capital
4,414,691
4,489,172
4,480,725
4,473,069
Accumulated other comprehensive loss
-143
-376
-716
-184
Retained earnings
2,565,098
2,563,347
2,600,822
2,637,231
Total knight-swift stockholders' equity
6,981,273
7,053,768
7,082,454
7,111,740
Noncontrolling interest
9,537
9,551
9,412
9,320
Total stockholders equity
6,990,810
7,063,319
7,091,866
7,121,060
Total liabilities and stockholders equity
12,004,345
11,946,756
11,955,436
12,618,723
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Gross property andequipment$7,581,734K (6.26%↑ Y/Y)Trade receivables,net of allowance for...$434,776K (-48.75%↓ Y/Y)Cash and cashequivalents$186,114K (-13.96%↓ Y/Y)Prepaid expenses$106,917K (-5.13%↓ Y/Y)Cash and cashequivalents restricted$74,715K (-39.28%↓ Y/Y)Assets held for sale$51,801K (-26.89%↓ Y/Y)Income tax receivable$48,899K (74.54%↑ Y/Y)Other current assets$27,680K (-17.82%↓ Y/Y)Contract balance revenuein transit$12,014K (8.14%↑ Y/Y)Property and equipment,net$4,772,226K (3.38%↑ Y/Y)Goodwill$3,934,741K (-0.69%↓ Y/Y)Intangible assets, net$1,897,759K (-5.99%↓ Y/Y)Total current assets$942,916K (-34.70%↓ Y/Y)Operating leaseright-of-use-assets$291,343K (-9.72%↓ Y/Y)Other long-termassets$165,360K (3.42%↑ Y/Y)Less accumulateddepreciation and...$2,809,508K (11.54%↑ Y/Y)Total assets$12,004,345K (-4.14%↓ Y/Y)Total liabilities andstockholders equity$12,004,345K (-4.14%↓ Y/Y)Total stockholdersequity$6,990,810K (-1.99%↓ Y/Y)Total liabilities$5,013,535K (-6.99%↓ Y/Y)Total knight-swiftstockholders' equity$6,981,273K (-2.01%↓ Y/Y)Noncontrolling interest$9,537K (15.71%↑ Y/Y)Convertible senior notes$1,465,833K Total currentliabilities$1,075,331K (-33.83%↓ Y/Y)Deferred tax liabilities$898,110K (1.38%↑ Y/Y)Finance leaseliabilities less current...$511,867K (23.08%↑ Y/Y)Claims accruals lesscurrent portion$396,082K (17.41%↑ Y/Y)Other long-termliabilities$238,922K (15.62%↑ Y/Y)Long-term debt lesscurrent portion$231,425K (-83.38%↓ Y/Y)Operating leaseliabilities less current...$195,965K (-14.93%↓ Y/Y)Accumulated othercomprehensive loss-$143K (-62.50%↓ Y/Y)Additional paid-in capital$4,414,691K (-1.11%↓ Y/Y)Retained earnings$2,565,098K (-3.53%↓ Y/Y)Common stock, par value0.01 per share...$1,627K (0.25%↑ Y/Y)Accounts payable$281,673K (-6.69%↓ Y/Y)Claims accruals current portion$243,912K (-1.48%↓ Y/Y)Accrued payroll andpurchased transportation$209,555K (3.24%↑ Y/Y)Finance leaseliabilities and long-term...$166,487K (-33.28%↓ Y/Y)Operating leaseliabilities current portion$113,587K (2.25%↑ Y/Y)Accrued liabilities$60,117K (-17.50%↓ Y/Y)

Knight-Swift Transportation Holdings Inc. (KNX)

Knight-Swift Transportation Holdings Inc. (KNX)