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Side-by-side financial comparison of Knight-Swift Transportation Holdings Inc. (KNX) and Williams Companies (WMB). Click either name above to swap in a different company.
Williams Companies is the larger business by last-quarter revenue ($3.0B vs $1.9B, roughly 1.6× Knight-Swift Transportation Holdings Inc.). Williams Companies runs the higher net margin — 28.5% vs 0.0%, a 28.5% gap on every dollar of revenue. On growth, Knight-Swift Transportation Holdings Inc. posted the faster year-over-year revenue change (1.4% vs -0.6%). Over the past eight quarters, Williams Companies's revenue compounded faster (3.2% CAGR vs 0.1%).
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.
The Williams Companies, Inc. is an American energy company based in Tulsa, Oklahoma. Its core business is natural gas processing and transportation, with additional petroleum and electricity generation assets. A Fortune 500 company, its common stock is a component of the S&P 500.
KNX vs WMB — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.9B | $3.0B |
| Net Profit | $96.0K | $864.0M |
| Gross Margin | — | — |
| Operating Margin | 1.5% | 43.6% |
| Net Margin | 0.0% | 28.5% |
| Revenue YoY | 1.4% | -0.6% |
| Net Profit YoY | -76.6% | 25.1% |
| EPS (diluted) | $-0.01 | — |
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 | $3.0B | ||
| Q4 25 | $1.9B | $3.8B | ||
| Q3 25 | $1.9B | $3.5B | ||
| Q2 25 | $1.9B | $3.4B | ||
| Q1 25 | $1.8B | $4.2B | ||
| Q4 24 | $1.9B | $3.4B | ||
| Q3 24 | $1.9B | $3.0B | ||
| Q2 24 | $1.8B | $2.8B |
| Q1 26 | $96.0K | $864.0M | ||
| Q4 25 | $-6.8M | $734.0M | ||
| Q3 25 | $7.9M | $647.0M | ||
| Q2 25 | $34.2M | $546.0M | ||
| Q1 25 | $30.6M | $691.0M | ||
| Q4 24 | $69.5M | $486.0M | ||
| Q3 24 | $30.5M | $706.0M | ||
| Q2 24 | $20.3M | $401.0M |
| Q1 26 | 1.5% | 43.6% | ||
| Q4 25 | 1.4% | 27.3% | ||
| Q3 25 | 2.6% | 31.8% | ||
| Q2 25 | 3.9% | 28.0% | ||
| Q1 25 | 3.7% | 26.1% | ||
| Q4 24 | 4.2% | 23.2% | ||
| Q3 24 | 4.3% | 27.6% | ||
| Q2 24 | 3.4% | 24.4% |
| Q1 26 | 0.0% | 28.5% | ||
| Q4 25 | -0.4% | 19.1% | ||
| Q3 25 | 0.4% | 18.5% | ||
| Q2 25 | 1.8% | 16.2% | ||
| Q1 25 | 1.7% | 16.5% | ||
| Q4 24 | 3.7% | 14.2% | ||
| Q3 24 | 1.6% | 23.3% | ||
| Q2 24 | 1.1% | 14.1% |
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $-0.04 | $0.60 | ||
| Q3 25 | $0.05 | $0.53 | ||
| Q2 25 | $0.21 | $0.45 | ||
| Q1 25 | $0.19 | $0.56 | ||
| Q4 24 | $0.43 | $0.39 | ||
| Q3 24 | $0.19 | $0.58 | ||
| Q2 24 | $0.13 | $0.33 |
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 | $950.0K |
| Total DebtLower is stronger | — | $30.1M |
| Stockholders' EquityBook value | $7.1B | $13.0M |
| Total Assets | $11.9B | $59.6M |
| Debt / EquityLower = less leverage | — | 2.31× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $222.8M | $950.0K | ||
| Q4 25 | $220.4M | — | ||
| Q3 25 | $192.7M | — | ||
| Q2 25 | $216.3M | — | ||
| Q1 25 | $209.5M | — | ||
| Q4 24 | $218.3M | — | ||
| Q3 24 | $166.3M | — | ||
| Q2 24 | $186.5M | — |
| Q1 26 | — | $30.1M | ||
| Q4 25 | $1.7B | $27.3B | ||
| Q3 25 | $1.9B | $25.6B | ||
| Q2 25 | $1.8B | $25.6B | ||
| Q1 25 | $1.8B | $24.1B | ||
| Q4 24 | $1.8B | $24.7B | ||
| Q3 24 | $1.9B | $24.8B | ||
| Q2 24 | $1.6B | $24.1B |
| Q1 26 | $7.1B | $13.0M | ||
| Q4 25 | $7.1B | $12.8B | ||
| Q3 25 | $7.1B | $12.5B | ||
| Q2 25 | $7.1B | $12.4B | ||
| Q1 25 | $7.1B | $12.5B | ||
| Q4 24 | $7.1B | $12.4B | ||
| Q3 24 | $7.1B | $12.4B | ||
| Q2 24 | $7.1B | $12.3B |
| Q1 26 | $11.9B | $59.6M | ||
| Q4 25 | $12.0B | $58.6B | ||
| Q3 25 | $12.6B | $55.7B | ||
| Q2 25 | $12.5B | $56.1B | ||
| Q1 25 | $12.6B | $54.9B | ||
| Q4 24 | $12.7B | $54.5B | ||
| Q3 24 | $12.8B | $53.8B | ||
| Q2 24 | $12.6B | $52.4B |
| Q1 26 | — | 2.31× | ||
| Q4 25 | 0.25× | 2.13× | ||
| Q3 25 | 0.26× | 2.04× | ||
| Q2 25 | 0.26× | 2.06× | ||
| Q1 25 | 0.26× | 1.93× | ||
| Q4 24 | 0.26× | 1.99× | ||
| Q3 24 | 0.26× | 2.00× | ||
| Q2 24 | 0.23× | 1.96× |
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 | $6.3B |
| Free Cash FlowOCF − Capex | $56.9M | — |
| FCF MarginFCF / Revenue | 3.1% | — |
| Capex IntensityCapex / Revenue | 4.6% | 44.9% |
| Cash ConversionOCF / Net Profit | 1484.79× | 7.31× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $142.5M | $6.3B | ||
| Q4 25 | $723.2M | $1.6B | ||
| Q3 25 | $217.5M | $1.4B | ||
| Q2 25 | $216.5M | $1.4B | ||
| Q1 25 | $109.4M | $1.4B | ||
| Q4 24 | $274.3M | $1.2B | ||
| Q3 24 | $214.0M | $1.2B | ||
| Q2 24 | $273.4M | $1.3B |
| Q1 26 | $56.9M | — | ||
| Q4 25 | — | $-379.0M | ||
| Q3 25 | — | $485.0M | ||
| Q2 25 | — | $478.0M | ||
| Q1 25 | — | $421.0M | ||
| Q4 24 | — | $450.0M | ||
| Q3 24 | — | $561.0M | ||
| Q2 24 | — | $700.0M |
| Q1 26 | 3.1% | — | ||
| Q4 25 | — | -9.9% | ||
| Q3 25 | — | 13.9% | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | 10.1% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 24.6% |
| Q1 26 | 4.6% | 44.9% | ||
| Q4 25 | — | 50.9% | ||
| Q3 25 | — | 27.3% | ||
| Q2 25 | — | 28.8% | ||
| Q1 25 | — | 24.2% | ||
| Q4 24 | — | 22.5% | ||
| Q3 24 | — | 22.5% | ||
| Q2 24 | — | 20.3% |
| Q1 26 | 1484.79× | 7.31× | ||
| Q4 25 | — | 2.15× | ||
| Q3 25 | 27.67× | 2.22× | ||
| Q2 25 | 6.32× | 2.66× | ||
| Q1 25 | 3.57× | 2.07× | ||
| Q4 24 | 3.95× | 2.51× | ||
| Q3 24 | 7.03× | 1.76× | ||
| Q2 24 | 13.47× | 3.19× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KNX
Segment breakdown not available.
WMB
| Service revenues | $2.2B | 73% |
| Other | $778.0M | 26% |
| Service revenues - commodity consideration | $46.0M | 2% |
