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Companies / Industrials / Knight-Swift Transportation Holdings Inc.
KNX

Knight-Swift Transportation Holdings Inc.

IndustrialsTransportation & Utilities
Ticker KNXPHOENIX, AZFiscal year ends DecemberBook value per share $42.77Diluted shares 163.2M

Swift Receivables Company II, LLC operates as a special purpose entity facilitating receivables financing arrangements within the transportation and logistics industry. The company functions as the seller in a receivables purchase agreement dated December 31, 2025, structured to monetize accounts receivable generated… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$7.47BFY2025
+0.8% year over year
Last 12 mo $7.73B
2.89%FY2025
−0.4 percentage points
Last 12 mo 2.72%
$65.55MFY2025
−43.5% year over year
Last 12 mo $43.13M
1.89%FY2025
No change, year over year
Last 12 mo 0.62%
Cash & financing
$1.27BFY2025
+58.5% year over year
Last 12 mo $1.39B
$470.19MFY2025
+2390.8% year over year
Last 12 mo $545.27M
0.33FY2025
Was 0.34× a year earlier
Last 12 mo 0.34
162.6MFY2025
+0.3% year over year
Last 12 mo 163.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Knight-Swift Transportation Holdings Inc. does

In the company’s own words

Swift Receivables Company II, LLC operates as a special purpose entity facilitating receivables financing arrangements within the transportation and logistics industry. The company functions as the seller in a receivables purchase agreement dated December 31, 2025, structured to monetize accounts receivable generated by its parent company and related originators.

The agreement establishes a securitization facility with a maximum commitment of $575,000,000, enabling Swift Receivables Company II to sell eligible receivables to multiple purchasers and conduit investors. The transaction is administered by PNC Bank, National Association, which serves as the administrative agent, with PNC Capital Markets LLC acting as the structuring agent. Swift Transportation Services, LLC operates as the initial servicer, responsible for collection and administration of the underlying receivables pool.

The receivables underlying this facility originate from Swift Transportation Services, LLC and U.S. Xpress, Inc., both major carriers in the transportation sector. These originators generate receivables through the provision of freight transportation and related logistics services to commercial obligors across North America. The facility accepts receivables denominated in U.S. dollars from obligors located in the United States, Mexico, and Canada, with stated maturities not exceeding specified maximum payment terms.

The transaction incorporates sophisticated credit and collection policies, concentration limits, and performance metrics to manage credit risk. Eligible receivables must satisfy stringent underwriting criteria, including obligor creditworthiness standards, contract validity requirements, and compliance with applicable regulations. The structure includes multiple reserve mechanisms, including concentration reserves, dilution reserves, and capital coverage requirements, designed to protect investor interests throughout the life of the facility.

The agreement establishes comprehensive governance provisions, including conditions precedent to funding, representations and warranties from the seller and servicer, detailed covenants regarding receivables administration and reporting, and events of termination that trigger acceleration and enforcement rights. The facility accommodates both committed purchasers and commercial paper conduit investors, with yield rates determined by reference to either SOFR-based benchmarks or commercial paper rates depending on the funding source.

Company details
Sector
Industrials
Industry (SIC)
Transportation & Utilities
Headquarters
PHOENIX, AZ
Fiscal year end
December
CIK
1492691
SIC
4213

Financial performance, year by year

Fiscal 2013–2025 · USD
$-772.93M$1.55B$3.86B$6.18B$8.50B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Knight-Swift Transportation Holdings Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

474
funds hold it
0 of 35
superinvestors hold it
$5.24B
held by funds, at market
43.4%
of shares held by funds
1
bond issues held by funds

Largest fund holders · Knight-Swift Transportation Holdings Inc.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.35%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.15%of fund net assets
Victory Sycamore Established Value Fund
VETAX · Victory Portfolios
1.50%of fund net assets
Allspring Special Mid Cap Value Fund
WFMDX · ALLSPRING FUNDS TRUST
1.14%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Knight-Swift Transportation Holdings Inc.’s bonds, as funds hold them

Funds report holding 1 issues of Knight-Swift Transportation Holdings Inc.’s debt, $76.24M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 1.00%, maturing 2031 to 2031.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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