Latest Ratios: P/E Ratio 53.6x · EV/EBITDA 9.5x · ROE 3.4%. (2014–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.5B | $4.7B | $5.2B | $4.5B | $4.2B | $4.8B | $3.7B | $3.9B | $3.3B | $4.9B | — |
| Enterprise Value | $5.9B | $5.0B | $5.6B | $4.7B | $4.0B | $4.8B | $3.6B | $3.8B | $3.3B | $5.1B | — |
| P/E Ratio → | 53.63 | 44.97 | 44.36 | 18.99 | 9.14 | 11.80 | 17.39 | 26.29 | 12.28 | 12.53 | — |
| P/S Ratio | 0.98 | 0.82 | 0.97 | 0.82 | 0.63 | 0.85 | 0.81 | 0.81 | 0.66 | 1.12 | — |
| P/B Ratio | 1.84 | 1.54 | 1.73 | 1.53 | 1.47 | 1.98 | 1.79 | 1.73 | 1.55 | 2.59 | — |
| P/FCF | 15.92 | 13.40 | 35.12 | — | 25.70 | 187.95 | 18.46 | 22.68 | 61.27 | — | — |
| P/OCF | 8.69 | 7.32 | 7.52 | 6.67 | 4.89 | 8.47 | 5.95 | 6.08 | 5.84 | 10.61 | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.89 | 1.07 | 0.86 | 0.61 | 0.86 | 0.79 | 0.79 | 0.67 | 1.16 | — |
| EV / EBITDA | 9.53 | 8.12 | 9.76 | 6.90 | 4.22 | 5.81 | 6.22 | 7.51 | 5.01 | 9.11 | — |
| EV / EBIT | 34.94 | 29.25 | 33.47 | 14.78 | 6.54 | 8.69 | 12.10 | 17.52 | 8.75 | 18.01 | — |
| EV / FCF | — | 14.43 | 38.48 | — | 24.65 | 188.95 | 18.01 | 22.05 | 61.87 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 5.3% | 5.3% | 8.3% | 10.2% | 13.9% | 13.6% | 10.6% | 11.2% | 12.5% | 10.9% | 11.9% |
| Operating Margin | 3.0% | 3.0% | 3.1% | 5.4% | 9.1% | 9.5% | 6.3% | 4.4% | 7.6% | 6.4% | 7.2% |
| Net Profit Margin | 1.8% | 1.8% | 2.2% | 4.3% | 6.9% | 7.2% | 4.6% | 3.1% | 5.4% | 8.9% | 3.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 3.4% | 3.4% | 3.9% | 8.2% | 17.4% | 18.1% | 9.9% | 6.7% | 13.4% | 25.3% | 14.0% |
| ROA | 2.1% | 2.1% | 2.5% | 5.4% | 11.1% | 10.9% | 5.9% | 4.0% | 7.7% | 12.2% | 5.5% |
| ROIC | 3.7% | 3.7% | 3.7% | 7.6% | 17.6% | 18.1% | 10.5% | 7.3% | 13.2% | 10.9% | 13.6% |
| ROCE | 3.9% | 3.9% | 4.0% | 7.8% | 17.3% | 17.1% | 9.2% | 6.6% | 12.6% | 10.7% | 12.6% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.19 | 0.19 | 0.20 | 0.10 | 0.08 | 0.11 | 0.15 | 0.20 | 0.19 | 0.23 | 0.59 |
| Debt / EBITDA | 0.91 | 0.91 | 1.06 | 0.44 | 0.23 | 0.33 | 0.53 | 0.89 | 0.62 | 0.79 | 1.25 |
| Net Debt / Equity | — | 0.12 | 0.17 | 0.07 | -0.06 | 0.01 | -0.04 | -0.05 | 0.02 | 0.11 | 0.48 |
| Net Debt / EBITDA | 0.58 | 0.58 | 0.85 | 0.29 | -0.18 | 0.03 | -0.15 | -0.22 | 0.05 | 0.36 | 1.02 |
| Debt / FCF | — | 1.03 | 3.36 | — | -1.05 | 1.00 | -0.45 | -0.63 | 0.60 | — | — |
| Interest Coverage | 5.08 | 5.08 | 10.17 | 22.56 | 63.92 | 44.36 | 21.80 | 12.93 | 30.54 | 16.25 | 13.41 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.13 | 2.13 | 1.58 | 1.83 | 2.12 | 1.81 | 2.28 | 3.02 | 2.53 | 2.37 | 1.36 |
| Quick Ratio | 1.95 | 1.95 | 1.46 | 1.64 | 2.04 | 1.77 | 2.20 | 2.87 | 2.42 | 2.19 | 1.25 |
| Cash Ratio | 0.44 | 0.44 | 0.23 | 0.26 | 0.68 | 0.43 | 0.83 | 1.29 | 0.82 | 0.61 | 0.27 |
| Asset Turnover | — | 1.16 | 1.07 | 1.21 | 1.53 | 1.42 | 1.29 | 1.28 | 1.37 | 1.32 | 1.32 |
| Inventory Turnover | 53.83 | 53.83 | 54.00 | 41.90 | 107.24 | 176.91 | 90.69 | 58.63 | 71.59 | 47.02 | 48.08 |
| Days Sales Outstanding | — | 48.33 | 48.81 | 48.51 | 43.21 | 55.30 | 52.59 | 48.73 | 55.30 | 54.56 | 49.10 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.2% | 1.4% | 1.3% | 1.4% | 1.3% | 1.0% | 10.9% | 1.1% | 1.2% | 0.5% | — |
| Payout Ratio | 64.7% | 64.7% | 56.9% | 26.7% | 12.2% | 12.2% | 188.9% | 28.9% | 15.1% | 6.5% | 19.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.9% | 2.2% | 2.3% | 5.3% | 10.9% | 8.5% | 5.7% | 3.8% | 8.1% | 8.0% | — |
| FCF Yield | 6.3% | 7.5% | 2.8% | — | 3.9% | 0.5% | 5.4% | 4.4% | 1.6% | — | — |
| Buyback Yield | 0.3% | 0.3% | 0.6% | 1.5% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 1.5% | 1.7% | 1.9% | 2.9% | 1.3% | 1.0% | 10.9% | 1.1% | 1.2% | 0.5% | — |
| Shares Outstanding | — | $176M | $176M | $178M | $179M | $178M | $178M | $177M | $177M | $171M | $174M |
Includes 30+ ratios · 12 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SNDR stock.
Schneider National, Inc.'s current P/E ratio is 53.6x. The historical average is 22.0x. This places it at the 100th percentile of its historical range.
Schneider National, Inc.'s current EV/EBITDA is 9.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.0x.
Schneider National, Inc.'s return on equity (ROE) is 3.4%. The historical average is 12.4%.
Based on historical data, Schneider National, Inc. is trading at a P/E of 53.6x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Schneider National, Inc.'s current dividend yield is 1.20% with a payout ratio of 64.7%.
Schneider National, Inc. has 5.3% gross margin and 3.0% operating margin.
Schneider National, Inc.'s Debt/EBITDA ratio is 0.9x, indicating low leverage. A ratio below 2x is generally considered financially healthy.
Key Metrics
Top Statement Risk
Freight rate volatility and margin compression
Metrics are mathematically derived from official filings.
Margin Compression Masks Cyclical Recovery
According to recent financial statements, SNDR's gross margin averaged only 8.1% over the last four quarters, excluding the anomalous 36.4% in 2025Q4, indicating persistent pricing pressure despite revenue growth.
The gross margin volatility, swinging from 4.5% to 36.4% within a year, suggests that the 2025Q4 figure is likely distorted by one-time items or accounting adjustments, as the prior income statement analysis flagged. Operating margin has remained below 5% for the past six quarters, with 2026Q2 at 4.6%, reflecting limited operating leverage even as revenue grew 10.4% year-over-year. This implies that the company's earning power is structurally constrained by competitive freight rates and cost inflation, and investors should monitor whether margin recovery can sustain beyond the current cyclical upturn.
Returns on Capital Remain Subdued
Based on reported figures, SNDR's ROIC has hovered between 0.7% and 1.7% over the last ten quarters, with 2026Q2 at 1.7%, indicating that the company is generating minimal returns above its cost of capital.
The persistently low ROIC, despite a conservative balance sheet, suggests that the asset-heavy trucking model is not compounding shareholder value efficiently. ROE similarly remains in the low single digits, peaking at 1.6% in 2026Q2, which is below the sector average and reflects the cyclical trough in freight rates. The driver appears to be margin compression rather than asset inefficiency, as asset turnover has been stable around 0.28-0.32, implying that returns will only improve if pricing power returns.
Working Capital Efficiency Shows Stability
As reported in quarterly filings, SNDR's cash conversion cycle improved to 38 days in 2025Q4 from 36 days in 2024Q4, with DSO stable near 48 days, indicating consistent receivables management despite revenue fluctuations.
The stable DSO around 47-50 days suggests that the company maintains disciplined credit policies, while DPO has remained in the 16-23 day range, reflecting limited supplier leverage. The slight improvement in CCC is driven by inventory days, which are minimal given the asset-light nature of trucking operations. This stability implies that working capital is not a major source of cash flow volatility, but also that there is limited opportunity for further efficiency gains.
Leverage Declines to Conservative Levels
According to recent balance sheet data, SNDR's debt-to-equity fell to 0.13 in 2026Q2 from 0.20 in 2024Q4, while interest coverage improved to 10.35x, indicating a strengthening balance sheet and comfortable debt service.
The reduction in leverage, with total debt down to $396.1M, suggests that the company is deleveraging despite cyclical earnings pressure, likely aided by strong cash conversion. Interest coverage of 10.35x in 2026Q2 is well above the 4.72x in 2025Q4, reflecting both lower debt and improved operating income. This conservative posture provides a buffer against freight rate volatility, but investors should note that the D/EBITDA ratio of 2.19x is still moderate, and any acquisition or capex surge could reverse this trend.
Liquidity Buffer Strengthens with Cash Build
Based on reported figures, SNDR's current ratio improved to 1.42 in 2026Q2 from 1.27 in 2026Q1, with cash rising to $292.7M, providing a solid cushion against cyclical downturns.
The quick ratio of 1.42 in 2026Q2 indicates that the company can cover its short-term obligations without relying on inventory, which is minimal in trucking. The improvement in liquidity is driven by strong operating cash flow, which exceeded net income by a factor of 3.4x in recent quarters, as noted in the cash flow analysis. This suggests that SNDR is well-positioned to weather a prolonged freight recession, though the reliance on non-cash charges warrants monitoring.
Misapplied EV/EBITDA in Cyclical Trucking
The EV/EBITDA multiple of 10.56x is commonly used to value SNDR, but it obscures the cyclicality of EBITDA, which swung from $100M in 2025Q1 to $180M in 2026Q2, making the metric unreliable.
In asset-heavy, cyclical industries like trucking, EV/EBITDA can be misleading because EBITDA is highly sensitive to freight rate cycles and does not account for the significant capital expenditures required for fleet replacement. A more appropriate metric is EV/EBITDAR (adding back rental costs) or EV/EBITDA adjusted for the mid-cycle earnings power, which would smooth out cyclical peaks and troughs. Investors should also consider price-to-tangible book value, given the fleet's residual value risk, as the current P/B of 2.05x may overstate asset quality if used-truck prices decline.