Knight-Swift vs RXO
Knight-Swift reported revenue of $7.5 billion in fiscal 2025, 1.3 times RXO's $5.7 billion in fiscal 2025. Knight-Swift's revenue grew 0.8% in its latest year, and RXO's grew 26.2%. Knight-Swift had an operating margin of 2.9%, against -1.4% at RXO. Free cash flow was $1.3 billion at Knight-Swift and −$8 million at RXO.
Side by side
| Knight-Swift | RXO | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $7.5B | $5.7B |
| Revenue growth | 0.8% | 26.2% |
| Revenue growth a year, last 5 years | 9.8% | 11.3% |
| Gross margin | — | — |
| Operating margin | 2.9% | −1.4% |
| Net margin | 0.9% | −1.7% |
| Free cash flow | $1.3B | −$8M |
| Free cash flow margin | 16.9% | −0.1% |
| Return on capital | 1.6% | −3.2% |
| Net debt to EBITDA | 2.1x | 10.0x |
| Dividends and buybacks | $117M | $0M |
| Change in diluted share count | 0.3% | 26.3% |
| Last close | $58.41 | $27.60 |
| P/E at the last close | 62.1× | — |
| Insider trades, last 12 months | sold $25.7 million | bought $7.0 million, sold $385,779 |
| Piotroski F-score | 6 of 8 | 5 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Knight-SwiftRXO
Operating margin
Percent of revenue
Knight-SwiftRXO
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Knight-SwiftRXO
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Knight-Swift and RXO pages.