SAIA INC SAIA
Saia, Inc., through its wholly-owned subsidiaries, is a transportation company headquartered in Johns Creek, Georgia (Saia, Inc. together with its subsidiaries, the Company or Saia). We provide national less-than-truckload (LTL) services through a single integrated organization. While approximately 97% of our revenue is derived from transporting LTL shipments, we also offer customers a wide range of other value-added services, including brokered truckload and expedited transportation and other logistics services across North America.
Founded in 1924, Saia Motor Freight Line, LLC (Saia LTL Freight), a wholly-owned subsidiary of Saia, Inc., is a leading LTL carrier that provides direct service to the 48 contiguous states and provides LTL services to Canada and Mexico through relationships with third-party interline carriers. Saia LTL Freight specializes in offering its customers a range of LTL services including time-definite and expedited options. Saia LTL Freight primarily provides its customers with solutions for shipments between 100 and 10,000 pounds.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.23B | $3.21B | $2.88B | $2.79B | $2.29B | $1.82B | $1.79B | $1.65B | $1.40B | $1.25B |
| Total operating expenses | — | — | $2.42B | $2.32B | $1.95B | $1.64B | $1.63B | $1.51B | $1.31B | $1.17B |
| Operating income | $352.2M | $482.2M | $460.5M | $470.5M | $335.1M | $180.3M | $152.6M | $141.2M | $94.7M | $79.1M |
| Interest expense | $16.4M | $8.9M | $2.5M | $2.6M | $3.2M | $5.2M | $6.7M | $5.4M | $5.1M | $4.4M |
| Pre-tax income | $337.4M | $476.0M | $466.2M | $468.0M | $332.8M | $176.3M | $146.7M | $135.8M | $89.8M | $74.9M |
| Income tax | $82.4M | $113.9M | $111.4M | $110.6M | $79.5M | $37.9M | $32.9M | $30.9M | $1.4M | $26.9M |
| Net income | $255.0M | $362.1M | $354.9M | $357.4M | $253.2M | $138.3M | $113.7M | $105.0M | $91.1M | $48.0M |
| EPS, basic | 9.54 | 13.57 | 13.32 | 13.48 | 9.62 | 5.29 | 4.38 | 4.08 | 3.57 | 1.92 |
| EPS, diluted | 9.52 | 13.51 | 13.26 | 13.40 | 9.48 | 5.20 | 4.30 | 3.99 | 3.49 | 1.87 |
| Shares, diluted (wtd. avg.) | $26.8M | $26.8M | $26.8M | $26.7M | $26.7M | $26.6M | $26.4M | $26.3M | $26.1M | $25.7M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $19.7M | $19.5M | $296.2M | $187.4M | $106.6M | $25.3M | $248.0K | $2.2M | $4.7M | $1.5M |
| Receivables | $332.2M | $323.0M | $311.7M | $290.3M | $276.8M | $216.9M | $196.1M | $181.6M | $170.3M | $134.9M |
| Total current assets | $434.6M | $435.8M | $648.7M | $530.9M | $416.3M | $271.7M | $232.4M | $213.4M | $203.2M | $166.3M |
| Property, plant and equipment | $2.84B | $2.56B | $1.76B | $1.48B | $1.28B | $1.14B | $1.05B | $893.1M | $735.8M | $604.1M |
| Goodwill | $12.1M | $12.1M | $12.1M | $12.1M | $12.1M | $12.1M | $12.1M | $12.1M | $12.1M | $12.1M |
| Other intangibles | — | — | — | — | $7.1M | $8.2M | $9.4M | $10.6M | $11.9M | $13.3M |
| Total assets | $3.48B | $3.17B | $2.58B | $2.17B | $1.85B | $1.55B | $1.42B | $1.13B | $967.3M | $800.2M |
| Accounts payable | $107.4M | $114.6M | $141.9M | $99.8M | $114.0M | $89.4M | $83.6M | $79.0M | $57.4M | $45.0M |
| Total current liabilities | $265.4M | $278.4M | $322.1M | $274.1M | $321.3M | $275.8M | $241.2M | $209.3M | $166.9M | $144.8M |
| Long-term debt | $163.0M | $194.0M | $0 | $0 | $0 | — | — | — | — | — |
| Retained earnings | $2.28B | $2.02B | $1.66B | $1.31B | $949.8M | $696.5M | $558.2M | $444.5M | $339.5M | $248.4M |
| Total equity | $2.58B | $2.31B | $1.94B | $1.58B | $1.22B | $961.3M | $815.2M | $695.9M | $582.5M | $483.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $595.0M | $583.7M | $577.9M | $473.0M | $382.6M | $309.1M | $272.9M | $256.4M | $157.8M | $146.4M |
| Depreciation and amortisation | $248.6M | $210.1M | $178.8M | $157.2M | $141.7M | $134.7M | $119.1M | $102.2M | $87.1M | $76.2M |
| Stock-based compensation | $17.4M | $14.2M | $11.6M | $8.8M | $8.7M | $7.5M | $6.2M | $5.6M | $5.1M | $4.6M |
| Capital expenditure | $567.6M | $1.04B | $439.9M | $367.4M | $285.7M | $231.1M | $287.7M | $223.7M | $186.7M | $119.4M |
| Investing cash flow | -$552.5M | -$1.04B | -$448.7M | -$365.5M | -$277.8M | -$218.8M | -$281.0M | -$222.6M | -$181.5M | -$117.7M |
| Financing cash flow | -$42.2M | $175.4M | -$20.4M | -$26.7M | -$23.5M | -$65.3M | $6.2M | -$36.4M | $26.9M | -$27.3M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-067030.
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