SAIANasdaqTrucking (No Local)Fiscal year ends December 31
SAIA INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$331.00−4.00 (-1.19%)
Close on Oct 19, 2026
- Market cap
- $8.88B
- P/E (TTM)
- 31.9
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
10.9%+1.0 pts over 5 years
Net margin
7.9%+0.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +0.8% | +5.0% | +12.2% | +10.2% | |
| Operating income | -27.0% | -9.2% | +14.3% | +14.6% | |
| Net income | -29.6% | -10.6% | +13.0% | +16.6% | |
| EPS, diluted | -29.5% | -10.8% | +12.9% | +16.0% | |
| Free cash flow | – | -36.3% | -18.9% | -7.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 10.5% | 15.6% | 10.4% | |
| Return on assets | 6.3% | 9.3% | 7.7% | |
| Current ratio | 1.15 | 0.99 | 1.64 | |
| Debt to equity | 0.15 | 0.07 | 0.06 | |
| Net debt to EBITDA | 0.47× | 0.14× | 0.24× | |
| Interest coverage | 18.0× | 34.8× | 21.4× | |
| Capex to revenue | 9.5% | 12.7% | 17.6% | |
| Diluted shares | 26M | 27M | 27M |
Where the cash went
Fiscal 2021 to 2025, five years combined
SAIA generated $2.61B from operations and spent $2.70B on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$2.61B
Used
$2.70B
Capital expenditure$2.70B100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin7.9%
×Asset turnover0.97×
×Equity multiplier1.36×
=Return on equity, FY202510.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 7.9% | 0.97× | 1.36× | 10.4% |
| FY2024 | 11.3% | 1.12× | 1.35× | 17.0% |
| FY2023 | 12.3% | 1.21× | 1.35× | 20.2% |
| FY2022 | 12.8% | 1.39× | 1.44× | 25.5% |
| FY2021 | 11.1% | 1.35× | 1.56× | 23.2% |
| FY2020 | 7.6% | 1.23× | 1.67× | 15.6% |
| FY2019 | 6.4% | 1.40× | 1.69× | 15.1% |
| FY2018 | 6.3% | 1.57× | 1.64× | 16.4% |
| FY2017 | 6.5% | 1.59× | 1.66× | 17.1% |
| FY2016 | 3.8% | 1.64× | 1.68× | 10.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$255.04M
- Cash generatingOperating cash flow above zero$594.97M
- Return on assets improvedROA up on the prior year14.0% → 8.1%
- Earnings backed by cashOperating cash flow above net income$594.97M vs $255.04M
- Less leverageLong-term debt to assets fell6.2% → 4.7%
- Better liquidityCurrent ratio rose1.57 → 1.64
- No dilutionShare count did not rise27M → 27M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose1.24 → 1.02