Schneider National Inc (SNDR)

Debt-to-equity ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands — — — — —
Total stockholders’ equity US$ in thousands 2,986,900 2,956,800 2,837,200 2,423,800 2,055,500
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,986,900K
= 0.00

The debt-to-equity ratio of Schneider National Inc has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or growth, and its capital structure relies entirely on equity. A debt-to-equity ratio of 0.00 signifies that the company has no financial leverage and is not exposed to the risks associated with debt obligations. Schneider National Inc's low debt-to-equity ratio may indicate financial stability and conservative financial management.