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Side-by-side financial comparison of Knight-Swift Transportation Holdings Inc. (KNX) and Ovintiv Inc. (OVV). Click either name above to swap in a different company.
Ovintiv Inc. is the larger business by last-quarter revenue ($2.1B vs $1.9B, roughly 1.1× Knight-Swift Transportation Holdings Inc.). Ovintiv Inc. runs the higher net margin — 46.1% vs 0.0%, a 46.1% gap on every dollar of revenue. On growth, Knight-Swift Transportation Holdings Inc. posted the faster year-over-year revenue change (1.4% vs -6.0%). Ovintiv Inc. produced more free cash flow last quarter ($489.0M vs $56.9M). Over the past eight quarters, Knight-Swift Transportation Holdings Inc.'s revenue compounded faster (0.1% CAGR vs -7.2%).
Swift Transportation is an American truckload motor shipping carrier based in Phoenix, Arizona. In 2017, Swift merged with Knight Transportation, also of Phoenix, forming Knight-Swift.
Ovintiv Inc. is a U.S. petroleum company based in Denver. The company was formed in 2020 through a restructuring of its Canadian predecessor, Encana.
KNX vs OVV — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.9B | $2.1B |
| Net Profit | $96.0K | $946.0M |
| Gross Margin | — | — |
| Operating Margin | 1.5% | 21.2% |
| Net Margin | 0.0% | 46.1% |
| Revenue YoY | 1.4% | -6.0% |
| Net Profit YoY | -76.6% | 1676.7% |
| EPS (diluted) | $-0.01 | $3.64 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.9B | $2.1B | ||
| Q3 25 | $1.9B | $2.0B | ||
| Q2 25 | $1.9B | $2.2B | ||
| Q1 25 | $1.8B | $2.4B | ||
| Q4 24 | $1.9B | $2.2B | ||
| Q3 24 | $1.9B | $2.2B | ||
| Q2 24 | $1.8B | $2.2B |
| Q1 26 | $96.0K | — | ||
| Q4 25 | $-6.8M | $946.0M | ||
| Q3 25 | $7.9M | $148.0M | ||
| Q2 25 | $34.2M | $307.0M | ||
| Q1 25 | $30.6M | $-159.0M | ||
| Q4 24 | $69.5M | $-60.0M | ||
| Q3 24 | $30.5M | $507.0M | ||
| Q2 24 | $20.3M | $340.0M |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 1.4% | 21.2% | ||
| Q3 25 | 2.6% | 13.5% | ||
| Q2 25 | 3.9% | 23.1% | ||
| Q1 25 | 3.7% | -3.7% | ||
| Q4 24 | 4.2% | 0.1% | ||
| Q3 24 | 4.3% | 24.2% | ||
| Q2 24 | 3.4% | 25.4% |
| Q1 26 | 0.0% | — | ||
| Q4 25 | -0.4% | 46.1% | ||
| Q3 25 | 0.4% | 7.3% | ||
| Q2 25 | 1.8% | 13.9% | ||
| Q1 25 | 1.7% | -6.7% | ||
| Q4 24 | 3.7% | -2.7% | ||
| Q3 24 | 1.6% | 23.3% | ||
| Q2 24 | 1.1% | 15.5% |
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $-0.04 | $3.64 | ||
| Q3 25 | $0.05 | $0.57 | ||
| Q2 25 | $0.21 | $1.18 | ||
| Q1 25 | $0.19 | $-0.61 | ||
| Q4 24 | $0.43 | $-0.22 | ||
| Q3 24 | $0.19 | $1.92 | ||
| Q2 24 | $0.13 | $1.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $222.8M | $280.0M |
| Total DebtLower is stronger | — | $5.2B |
| Stockholders' EquityBook value | $7.1B | $11.2B |
| Total Assets | $11.9B | $20.4B |
| Debt / EquityLower = less leverage | — | 0.46× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $222.8M | — | ||
| Q4 25 | $220.4M | $280.0M | ||
| Q3 25 | $192.7M | $25.0M | ||
| Q2 25 | $216.3M | $20.0M | ||
| Q1 25 | $209.5M | $8.0M | ||
| Q4 24 | $218.3M | $42.0M | ||
| Q3 24 | $166.3M | $9.0M | ||
| Q2 24 | $186.5M | $8.0M |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $5.2B | ||
| Q3 25 | $1.9B | $5.2B | ||
| Q2 25 | $1.8B | $5.3B | ||
| Q1 25 | $1.8B | $5.5B | ||
| Q4 24 | $1.8B | $5.5B | ||
| Q3 24 | $1.9B | $5.9B | ||
| Q2 24 | $1.6B | $6.1B |
| Q1 26 | $7.1B | — | ||
| Q4 25 | $7.1B | $11.2B | ||
| Q3 25 | $7.1B | $10.2B | ||
| Q2 25 | $7.1B | $10.4B | ||
| Q1 25 | $7.1B | $10.1B | ||
| Q4 24 | $7.1B | $10.3B | ||
| Q3 24 | $7.1B | $10.7B | ||
| Q2 24 | $7.1B | $10.3B |
| Q1 26 | $11.9B | — | ||
| Q4 25 | $12.0B | $20.4B | ||
| Q3 25 | $12.6B | $19.4B | ||
| Q2 25 | $12.5B | $19.7B | ||
| Q1 25 | $12.6B | $19.6B | ||
| Q4 24 | $12.7B | $19.3B | ||
| Q3 24 | $12.8B | $19.9B | ||
| Q2 24 | $12.6B | $19.8B |
| Q1 26 | — | — | ||
| Q4 25 | 0.25× | 0.46× | ||
| Q3 25 | 0.26× | 0.51× | ||
| Q2 25 | 0.26× | 0.51× | ||
| Q1 25 | 0.26× | 0.55× | ||
| Q4 24 | 0.26× | 0.53× | ||
| Q3 24 | 0.26× | 0.55× | ||
| Q2 24 | 0.23× | 0.59× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $142.5M | $954.0M |
| Free Cash FlowOCF − Capex | $56.9M | $489.0M |
| FCF MarginFCF / Revenue | 3.1% | 23.8% |
| Capex IntensityCapex / Revenue | 4.6% | 22.6% |
| Cash ConversionOCF / Net Profit | 1484.79× | 1.01× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $142.5M | — | ||
| Q4 25 | $723.2M | $954.0M | ||
| Q3 25 | $217.5M | $812.0M | ||
| Q2 25 | $216.5M | $1.0B | ||
| Q1 25 | $109.4M | $873.0M | ||
| Q4 24 | $274.3M | $1.0B | ||
| Q3 24 | $214.0M | $1.0B | ||
| Q2 24 | $273.4M | $1.0B |
| Q1 26 | $56.9M | — | ||
| Q4 25 | — | $489.0M | ||
| Q3 25 | — | $268.0M | ||
| Q2 25 | — | $492.0M | ||
| Q1 25 | — | $256.0M | ||
| Q4 24 | — | $468.0M | ||
| Q3 24 | — | $484.0M | ||
| Q2 24 | — | $398.0M |
| Q1 26 | 3.1% | — | ||
| Q4 25 | — | 23.8% | ||
| Q3 25 | — | 13.3% | ||
| Q2 25 | — | 22.2% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 22.2% | ||
| Q2 24 | — | 18.1% |
| Q1 26 | 4.6% | — | ||
| Q4 25 | — | 22.6% | ||
| Q3 25 | — | 26.9% | ||
| Q2 25 | — | 23.5% | ||
| Q1 25 | — | 26.0% | ||
| Q4 24 | — | 25.3% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | — | 28.4% |
| Q1 26 | 1484.79× | — | ||
| Q4 25 | — | 1.01× | ||
| Q3 25 | 27.67× | 5.49× | ||
| Q2 25 | 6.32× | 3.30× | ||
| Q1 25 | 3.57× | — | ||
| Q4 24 | 3.95× | — | ||
| Q3 24 | 7.03× | 2.02× | ||
| Q2 24 | 13.47× | 3.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KNX
| Revenue, excluding truckload and LTL fuel surcharge | $1.6B | 89% |
| Truckload and LTL fuel surcharge | $212.2M | 11% |
OVV
| Product And Service Revenue | $1.7B | 84% |
| Sales Of Purchased Product | $338.0M | 16% |
