NASDAQ : SAIA
Saia, Inc. — Financial statements
Industrials · Trucking · United States
Last price 344.61 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 9.17B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Saia, Inc. (SAIA) reported revenue of 3.54B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 3.54B | 3.23B | 3.21B | 2.88B | 2.79B | 2.29B |
| Cost of Revenue | 2.72B | 2.47B | 2.35B | 2.10B | 2.04B | 1.70B |
| Gross Profit | 818.19M | 765.19M | 854.52M | 777.78M | 748.17M | 593.39M |
| Other Operating Expenses | 198.86M | 176.88M | 157.78M | 137.53M | 120.42M | 120.44M |
| Operating Expenses | 452.31M | 425.45M | 367.88M | 316.37M | 277.63M | 262.14M |
| Operating Income | 365.87M | 339.74M | 486.64M | 461.41M | 470.54M | 331.25M |
| Interest Expense | -9.59M | -16.44M | -8.93M | -2.54M | -2.61M | -3.21M |
| Interest & Investment Income | 1.57M | 151.00K | 1.05M | 6.21M | 217.00K | 11.00K |
| Other Non Operating Income (Expenses) | 3.01M | 1.48M | 1.73M | 2.06M | -46.00K | 833.00K |
| EBT Excluding Unusual Items | 360.87M | 324.93M | 480.49M | 467.14M | 468.10M | 328.88M |
| Gain (Loss) on Sale of Assets | 12.46M | 12.46M | -4.48M | -910.00K | -50.00K | 3.89M |
| Pretax Income | 373.32M | 337.39M | 476.01M | 466.23M | 468.05M | 332.77M |
| Income Tax Expense | 90.23M | 82.35M | 113.94M | 111.37M | 110.63M | 79.54M |
| Net Income | 283.09M | 255.04M | 362.06M | 354.86M | 357.42M | 253.24M |
| Net Income to Common | 283.09M | 255.04M | 362.06M | 354.86M | 357.42M | 253.24M |
| Shares Outstanding (Basic) | 26.77M | 26.74M | 26.69M | 26.63M | 26.52M | 26.32M |
| Shares Outstanding (Diluted) | 26.80M | 26.79M | 26.80M | 26.76M | 26.67M | 26.71M |
| EPS (Basic) | 10.58 | 9.54 | 13.57 | 13.32 | 13.48 | 9.62 |
| EPS (Diluted) | 10.56 | 9.52 | 13.51 | 13.26 | 13.40 | 9.48 |
| Free Cash Flow | 278.80M | 27.33M | -459.86M | 138.07M | 105.60M | 96.85M |
| Free Cash Flow Per Share | 10.40 | 1.02 | -17.16 | 5.16 | 3.96 | 3.63 |
| Gross Margin | 23.14% | 23.66% | 26.63% | 26.99% | 26.80% | 25.93% |
| Operating Margin | 10.35% | 10.50% | 15.16% | 16.01% | 16.85% | 14.47% |
| Profit Margin | 8.01% | 7.89% | 11.28% | 12.31% | 12.80% | 11.06% |
| Free Cash Flow Margin | 7.89% | 0.84% | -14.33% | 4.79% | 3.78% | 4.23% |
| EBITDA | 619.33M | 588.32M | 696.74M | 640.25M | 627.74M | 472.95M |
| EBITDA Margin | 17.52% | 18.19% | 21.71% | 22.22% | 22.48% | 20.66% |
| D&A For EBITDA | 253.45M | 248.57M | 210.10M | 178.84M | 157.20M | 141.70M |
| EBIT | 365.87M | 339.74M | 486.64M | 461.41M | 470.54M | 331.25M |
| EBIT Margin | 10.35% | 10.50% | 15.16% | 16.01% | 16.85% | 14.47% |
| Effective Tax Rate | 24.17% | 24.41% | 23.94% | 23.89% | 23.64% | 23.90% |
| Advertising Expenses | 2.70M | 5.00M | 2.90M | 7.20M | 5.70M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 202.52M | 19.72M | 19.47M | 296.21M | 187.39M | 106.59M |
| Cash & Short-Term Investments | 202.52M | 19.72M | 19.47M | 296.21M | 187.39M | 106.59M |
| Accounts Receivable | 437.75M | 332.21M | 322.99M | 311.74M | 290.31M | 276.75M |
| Other Receivables | 13.47M | 32.55M | 44.11M | 1.00M | 23.44M | |
| Receivables | 451.22M | 364.76M | 367.10M | 312.75M | 313.74M | 276.75M |
| Prepaid Expenses | 39.15M | 35.81M | 35.50M | 32.65M | 22.52M | 20.33M |
| Other Current Assets | 15.83M | 14.27M | 13.70M | 7.08M | 7.23M | 12.58M |
| Total Current Assets | 708.72M | 434.56M | 435.77M | 648.69M | 530.89M | 416.25M |
| Property, Plant & Equipment | 3.07B | 2.99B | 2.68B | 1.88B | 1.60B | 1.39B |
| Goodwill | 12.11M | 12.11M | 12.11M | 12.11M | 12.11M | |
| Other Intangible Assets | 14.95M | 3.48M | 4.34M | 5.19M | 6.04M | 7.05M |
| Other Long-Term Assets | 56.25M | 37.88M | 30.88M | 35.53M | 22.60M | 21.60M |
| Total Assets | 3.85B | 3.48B | 3.17B | 2.58B | 2.17B | 1.85B |
| Accounts Payable | 163.13M | 107.42M | 114.56M | 141.88M | 99.79M | 114.01M |
| Accrued Expenses | 140.98M | 96.74M | 93.08M | 117.16M | 112.17M | 127.83M |
| Current Portion of Leases | 30.71M | 28.88M | 32.69M | 35.93M | 39.44M | 40.96M |
| Other Current Liabilities | 51.88M | 32.34M | 38.04M | 27.09M | 22.68M | 38.55M |
| Total Current Liabilities | 386.70M | 265.38M | 278.36M | 322.06M | 274.08M | 321.35M |
| Long-Term Debt | 100.00M | 163.00M | 194.00M | |||
| Long-Term Leases | 132.66M | 113.12M | 97.78M | 102.78M | 115.07M | 119.42M |
| Long-Term Deferred Tax Liabilities | 307.10M | 284.37M | 219.06M | 155.84M | 145.77M | 124.14M |
| Other Long-Term Liabilities | 102.27M | 79.11M | 66.39M | 61.40M | 60.44M | 60.02M |
| Total Liabilities | 1.03B | 904.98M | 855.59M | 642.07M | 595.37M | 624.92M |
| Common Stock | 27.00K | 27.00K | 27.00K | 27.00K | 26.00K | 26.00K |
| Additional Paid-In Capital | 316.87M | 307.61M | 295.11M | 285.09M | 277.37M | 274.63M |
| Retained Earnings | 2.51B | 2.28B | 2.02B | 1.66B | 1.31B | 949.77M |
| Comprehensive Income & Other | -9.71M | -9.09M | -7.98M | -5.68M | -5.25M | -4.10M |
| Shareholders' Equity | 2.82B | 2.58B | 2.31B | 1.94B | 1.58B | 1.22B |
| Total Liabilities & Equity | 3.85B | 3.48B | 3.17B | 2.58B | 2.17B | 1.85B |
| Total Debt | 263.37M | 304.99M | 324.46M | 138.71M | 154.51M | 160.38M |
| Net Cash (Debt) | -60.84M | -285.27M | -304.99M | 157.51M | 32.88M | -53.79M |
| Net Cash Per Share | -2.27 | -10.65 | -11.38 | 5.89 | 1.23 | -2.01 |
| Filing Date Shares Outstanding | 26.61M | 26.60M | 26.56M | 26.52M | 26.46M | 26.31M |
| Total Common Shares Outstanding | 26.61M | 26.58M | 26.53M | 26.48M | 26.39M | 26.24M |
| Working Capital | 322.02M | 169.17M | 157.41M | 326.64M | 256.80M | 94.91M |
| Book Value Per Share | 106.03 | 97.00 | 87.12 | 73.32 | 59.84 | 46.50 |
| Tangible Book Value | 2.81B | 2.56B | 2.29B | 1.92B | 1.56B | 1.20B |
| Tangible Book Value Per Share | 105.47 | 96.41 | 86.50 | 72.67 | 59.15 | 45.77 |
| Land | 360.37M | 350.59M | 272.63M | 191.06M | 159.31M | |
| Buildings | 1.40B | 1.24B | 813.15M | 638.18M | 521.58M | |
| Machinery | 2.31B | 2.04B | 1.65B | 1.53B | 1.36B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 283.09M | 255.04M | 362.06M | 354.86M | 357.42M | 253.24M |
| Depreciation & Amortization | 253.45M | 248.57M | 210.10M | 178.84M | 157.20M | 141.70M |
| Loss (Gain) From Sale of Assets | -12.46M | -12.46M | 4.48M | 910.00K | 50.00K | -3.89M |
| Stock-Based Compensation | 17.40M | 17.40M | 14.24M | 11.64M | 8.83M | 8.70M |
| Provision & Write-off of Bad Debts | 7.78M | 7.78M | 3.41M | 1.96M | 3.07M | 3.56M |
| Other Operating Activities | 39.77M | 65.31M | 63.22M | 10.07M | 21.63M | 4.32M |
| Change in Accounts Receivable | -81.62M | -16.99M | -14.66M | -23.39M | -16.62M | -63.41M |
| Change in Accounts Payable | 29.25M | 6.69M | -816.00K | 10.75M | -9.52M | 16.73M |
| Change in Other Net Operating Assets | 81.40M | 23.64M | -58.34M | 32.31M | -49.04M | 21.66M |
| Operating Cash Flow | 618.06M | 594.97M | 583.70M | 577.95M | 473.03M | 382.59M |
| Capital Expenditures | -339.27M | -567.64M | -1.04B | -439.88M | -367.43M | -285.75M |
| Sale of Property, Plant & Equipment | 5.33M | 23.51M | 2.69M | 2.73M | 1.92M | 8.40M |
| Other Investing Activities | 7.94M | -8.39M | 5.00M | -11.54M | -500.00K | |
| Investing Cash Flow | -326.00M | -552.52M | -1.04B | -448.70M | -365.51M | -277.85M |
| Long-Term Debt Issued | 992.00M | 1.25B | 1.00M | 43.17M | ||
| Long-Term Debt Repaid | -1.03B | -1.07B | -14.52M | -20.47M | -63.75M | |
| Net Debt Issued (Repaid) | -119.20M | -36.31M | 183.81M | -14.52M | -19.47M | -20.57M |
| Issuance of Common Stock | 740.00K | 2.78M | 2.57M | 4.88M | 4.51M | 3.68M |
| Repurchase of Common Stock | -6.59M | -8.67M | -9.11M | -9.22M | -11.75M | -6.57M |
| Other Financing Activities | -1.85M | -1.56M | ||||
| Financing Cash Flow | -125.05M | -42.20M | 175.42M | -20.42M | -26.71M | -23.46M |
| Net Cash Flow | 167.02M | 247.00K | -276.74M | 108.83M | 80.80M | 81.28M |
| Free Cash Flow | 278.80M | 27.33M | -459.86M | 138.07M | 105.60M | 96.85M |
| Free Cash Flow Margin | 7.89% | 0.84% | -14.33% | 4.79% | 3.78% | 4.23% |
| Free Cash Flow Per Share | 10.40 | 1.02 | -17.16 | 5.16 | 3.96 | 3.63 |
| Levered Free Cash Flow | 197.84M | -107.31M | -624.91M | 79.90M | 11.48M | 51.83M |
| Unlevered Free Cash Flow | 203.84M | -97.04M | -619.33M | 81.48M | 13.11M | 53.84M |
| Cash Interest Paid | 15.80M | 15.80M | 7.70M | 1.60M | 2.30M | 3.00M |
| Cash Income Tax Paid | 6.10M | 6.10M | 101.20M | 72.80M | 115.30M | 81.60M |
| Change in Working Capital | 29.04M | 13.34M | -73.82M | 19.67M | -75.18M | -25.03M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 9.40B | 8.68B | 12.09B | 11.60B | 5.53B | 8.84B |
| Enterprise Value | 9.46B | 8.99B | 12.38B | 11.50B | 5.53B | 8.88B |
| Last Close Price | 354.87 | 326.52 | 455.73 | 438.22 | 209.68 | 337.03 |
| PE Ratio | 33.44 | 34.02 | 33.39 | 32.70 | 15.48 | 34.92 |
| Forward PE | 25.65 | 32.21 | 30.82 | 28.34 | 16.19 | 30.16 |
| PS Ratio | 2.67 | 2.68 | 3.77 | 4.03 | 1.98 | 3.86 |
| PB Ratio | 3.35 | 3.37 | 5.23 | 5.98 | 3.50 | 7.25 |
| P/TBV Ratio | 3.36 | 3.39 | 5.27 | 6.03 | 3.54 | 7.36 |
| P/FCF Ratio | 33.88 | 317.43 | 84.04 | 52.41 | 91.32 | |
| P/OCF Ratio | 15.28 | 14.58 | 20.71 | 20.08 | 11.70 | 23.12 |
| PEG Ratio | 2.24 | 3.93 | 1.94 | 1.96 | 0.99 | 0.83 |
| EV/Sales Ratio | 2.69 | 2.78 | 3.86 | 3.99 | 1.98 | 3.88 |
| EV/EBITDA Ratio | 15.35 | 15.28 | 17.77 | 17.96 | 8.81 | 18.79 |
| EV/EBIT Ratio | 25.98 | 26.46 | 25.45 | 24.93 | 11.75 | 26.82 |
| EV/FCF Ratio | 34.09 | 328.88 | 83.31 | 52.36 | 91.74 | |
| Debt / Equity Ratio | 0.09 | 0.12 | 0.14 | 0.07 | 0.10 | 0.13 |
| Debt / EBITDA Ratio | 0.39 | 0.47 | 0.43 | 0.20 | 0.23 | 0.31 |
| Debt / FCF Ratio | 0.94 | 11.16 | 1.00 | 1.46 | 1.66 | |
| Net Debt / Equity Ratio | 0.02 | 0.11 | 0.13 | -0.08 | -0.02 | 0.04 |
| Net Debt / EBITDA Ratio | 0.10 | 0.48 | 0.44 | -0.25 | -0.05 | 0.11 |
| Net Debt / FCF Ratio | 0.22 | 10.44 | -0.66 | -1.14 | -0.31 | 0.56 |
| Asset Turnover | 0.96 | 0.97 | 1.12 | 1.21 | 1.39 | 1.35 |
| Quick Ratio | 1.69 | 1.45 | 1.39 | 1.89 | 1.83 | 1.19 |
| Current Ratio | 1.83 | 1.64 | 1.56 | 2.01 | 1.94 | 1.29 |
| Return on Equity (ROE) | 10.59% | 10.43% | 17.03% | 20.16% | 25.53% | 23.21% |
| Return on Assets (ROA) | 6.22% | 6.39% | 10.58% | 12.12% | 14.63% | 12.20% |
| Return on Invested Capital (ROIC) | 9.58% | 9.37% | 16.82% | 21.09% | 25.48% | 21.04% |
| Return on Capital Employed (ROCE) | 10.60% | 10.60% | 16.80% | 20.40% | 24.80% | 21.70% |
| Earnings Yield | 2.99% | 2.94% | 3.00% | 3.06% | 6.46% | 2.86% |
| FCF Yield | 2.95% | 0.32% | -3.80% | 1.19% | 1.91% | 1.09% |
| Buyback Yield / Dilution | -0.01% | 0.06% | -0.15% | -0.33% | 0.12% | -0.43% |