Knight Transportation Inc (KNX)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 117,626 | 217,149 | 771,325 | 743,388 | 410,002 |
| Revenue | US$ in thousands | 7,410,080 | 7,141,770 | 7,428,580 | 5,998,020 | 4,673,860 |
| Net profit margin | 1.59% | 3.04% | 10.38% | 12.39% | 8.77% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $117,626K ÷ $7,410,080K
= 1.59%
The net profit margin of Knight Transportation Inc has shown some fluctuations over the years. It increased from 8.77% in December 2020 to 12.39% in December 2021, indicating improved profitability. However, the margin slightly decreased to 10.38% by December 2022. There was a significant drop in profitability in December 2023, with a net profit margin of 3.04%, followed by a further decline to 1.59% by December 2024. This downward trend suggests a decrease in the company's ability to generate profit relative to its revenue during these periods.
Peer comparison
Dec 31, 2024
Company name
Symbol
Net profit margin
Knight Transportation Inc
KNX
1.59%
ArcBest Corp
ARCB
1.50%
Marten Transport Ltd
MRTN
2.79%
Schneider National Inc
SNDR
1.83%