Loading financials from SEC filings…
Trucking · Industrials · Fiscal year ends Dec 31
Schneider National reported revenue of $5.7B in the fiscal year ended Dec 2025, up 7.3% from the year before. Operating income was $169M, an operating margin of 3.0%, and net income was $104M. Operating cash flow of $637M less capital expenditure of $352M left free cash flow of $285M. Net debt was $196M.
Ranks among the 10 trucking companies we cover (1st = best; for debt, the least indebted). Green = top third, red = bottom third.
Last 5 fiscal years
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 5,609 | 6,604 | 5,499 | 5,291 | 5,674 |
| Operating income | 534 | 600 | 296 | 165 | 169 |
| Interest expense | 12.5 | 9.6 | 14.2 | 16.6 | 33.8 |
| Pre-tax income | 542 | 604 | 306 | 152 | 138 |
| Income tax | 137 | 146 | 67.6 | 35.2 | 34.4 |
| Net income | 405 | 458 | 239 | 117 | 104 |
| Diluted EPS | 2.28 | 2.56 | 1.34 | 0.66 | 0.59 |
| Diluted shares | 178 | 179 | 178 | 176 | 176 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | 245 | 386 | 102 | 118 | 202 |
| Receivables | 705 | 644 | 576 | 600 | 578 |
| Inventory | 27.4 | 53.0 | 118 | 89.8 | 99.8 |
| Current assets | 1,249 | 1,350 | 1,111 | 1,115 | 1,181 |
| Net PP&E | 2,051 | 2,280 | 2,582 | 2,869 | 2,720 |
| Goodwill | 241 | 228 | 332 | 378 | 337 |
| Total assets | 3,937 | 4,318 | 4,557 | 4,934 | 4,840 |
| Payables | 332 | 277 | 241 | 253 | 209 |
| Deferred revenue | 3.2 | 2.6 | 0.0 | 0.0 | 0.0 |
| Current liabilities | 690 | 637 | 606 | 705 | 556 |
| Short-term debt | – | 70.0 | 100 | 98.7 | 8.6 |
| Long-term debt | 209 | 135 | 190 | 416 | 388 |
| Total liabilities | 1,514 | 1,481 | 1,600 | 1,947 | 1,815 |
| Shareholders' equity | 2,424 | 2,837 | 2,957 | 2,987 | 3,025 |
| Backlog (remaining obligations) | 75.0 | 60.7 | 95.8 | 89.7 | 278 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | 566 | 856 | 680 | 686 | 637 |
| Capital expenditure | 399 | 535 | 660 | 414 | 352 |
| Free cash flow | 167 | 321 | 19.9 | 272 | 285 |
| Depreciation & amortisation | 296 | 350 | 383 | 414 | 450 |
| Stock-based compensation | 14.4 | 16.5 | 15.8 | 12.6 | 17.1 |
| Acquisitions | 271 | – | – | – | – |
| Share buybacks | 0.0 | 0.0 | 66.9 | 29.5 | 14.6 |
| Dividends paid | 49.6 | 55.7 | 63.6 | 66.6 | 67.0 |
| Dividend per share | 0.28 | 0.32 | 0.36 | 0.38 | 0.38 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 17.8% | −16.7% | −3.8% | 7.3% |
| Operating income growth (YoY) | – | 12.5% | −50.6% | −44.3% | 2.2% |
| EPS growth (YoY) | – | 12.3% | −47.7% | −50.7% | −10.6% |
| Operating margin | 9.5% | 9.1% | 5.4% | 3.1% | 3.0% |
| Net margin | 7.2% | 6.9% | 4.3% | 2.2% | 1.8% |
| Return on equityBlank when equity is negative | 16.7% | 16.1% | 8.1% | 3.9% | 3.4% |
| ROCEEBIT ÷ (assets − current liabilities) | 16.4% | 16.3% | 7.5% | 3.9% | 3.9% |
| Free cash flow margin | 3.0% | 4.9% | 0.4% | 5.1% | 5.0% |
| Cash conversion (CFO ÷ net income) | 1.40x | 1.87x | 2.85x | 5.86x | 6.15x |
| Receivable days | 46 | 36 | 38 | 41 | 37 |
| Interest cover | 42.7x | 62.5x | 20.9x | 9.95x | 5.00x |
| Debt ÷ equity | 0.09x | 0.07x | 0.10x | 0.17x | 0.13x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | −35.9 | −181 | 188 | 397 | 196 |
| Current ratio | 1.81x | 2.12x | 1.83x | 1.58x | 2.13x |
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.