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Schneider Nation Financials

SNDR
Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Schneider Nation (SNDR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SNDR FY2025

Cash flow is being held up by a depreciation-heavy asset base even as profit margins remain stuck far below earlier levels.

The key disconnect is earnings quality in reverse: from FY2024 to FY2025, net income stayed near $100M while operating cash flow stayed above $600M. Depreciation of $450M against capex of $352M means the income statement looks weaker than the cash machine, so the asset base is currently consuming less reinvestment than it is charging through earnings.

Revenue's rebound did not restore margin structure. FY2025 sales rose to $5.67B, but operating margin was only 3.0%. That was barely changed from the prior year and far below FY2022's 9.1%, pointing to weak drop-through on additional revenue rather than a clean earnings recovery.

The balance sheet still looks conservatively financed, which matters because this is an asset-heavy model. Long-term debt was $388.4M against equity of $3.02B, so several softer earnings years have not translated into dependence on heavy borrowing.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 43 / 100
Financial Profile 43/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Schneider Nation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
30

Schneider Nation has an operating margin of 3.0%, meaning the company retains $3 of operating profit per $100 of revenue. This results in a moderate score of 30/100, indicating healthy but not exceptional operating efficiency. This is down from 3.1% the prior year.

Growth
36

Schneider Nation's revenue grew 7.3% year-over-year to $5.7B, a solid pace of expansion. This earns a growth score of 36/100.

Leverage
99

Schneider Nation carries a low D/E ratio of 0.13, meaning only $0.13 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 99/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
39

Schneider Nation's current ratio of 2.13 indicates adequate short-term liquidity, earning a score of 39/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
35

Schneider Nation has a free cash flow margin of 5.0%, earning a moderate score of 35/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
21

Schneider Nation generates a 3.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 21/100. This is down from 3.9% the prior year.

Altman Z-Score Safe
3.57

Schneider Nation scores 3.57, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Neutral
6/9

Schneider Nation passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
6.15x

For every $1 of reported earnings, Schneider Nation generates $6.15 in operating cash flow ($637.4M OCF vs $103.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate
5.0x

Schneider Nation earns $5.0 in operating income for every $1 of interest expense ($168.9M vs $33.8M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue
$5.7B
YoY+7.3%
5Y CAGR+4.5%
10Y CAGR+3.7%

Schneider Nation generated $5.7B in revenue in fiscal year 2025. This represents an increase of 7.3% from the prior year.

EBITDA
$618.9M
YoY+6.9%
5Y CAGR+1.4%
10Y CAGR+2.2%

Schneider Nation's EBITDA was $618.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 6.9% from the prior year.

Net Income
$103.6M
YoY-11.5%
5Y CAGR-13.3%
10Y CAGR-3.0%

Schneider Nation reported $103.6M in net income in fiscal year 2025. This represents a decrease of 11.5% from the prior year.

EPS (Diluted)
$0.59
YoY-10.6%
5Y CAGR-13.1%
10Y CAGR-4.2%

Schneider Nation earned $0.59 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 10.6% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$285.4M
YoY+4.9%
5Y CAGR-3.6%
10Y CAGR+20.6%

Schneider Nation generated $285.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 4.9% from the prior year.

Cash & Debt
$201.5M
YoY+71.3%
5Y CAGR-12.6%
10Y CAGR+2.3%

Schneider Nation held $201.5M in cash against $388.4M in long-term debt as of fiscal year 2025.

Dividends Per Share
$0.38
YoY+0.0%
5Y CAGR-30.0%
10Y CAGR+9.0%

Schneider Nation paid $0.38 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Shares Outstanding
N/A

Margins & Returns

Gross Margin
N/A
Operating Margin
3.0%
YoY-0.1pp
5Y CAGR-3.3pp
10Y CAGR-3.6pp

Schneider Nation's operating margin was 3.0% in fiscal year 2025, reflecting core business profitability. This is down 0.1 percentage points from the prior year.

Net Margin
1.8%
YoY-0.4pp
5Y CAGR-2.8pp
10Y CAGR-1.7pp

Schneider Nation's net profit margin was 1.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.4 percentage points from the prior year.

Return on Equity
3.4%
YoY-0.5pp
5Y CAGR-6.9pp

Schneider Nation's ROE was 3.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.5 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$14.6M
YoY-50.5%

Schneider Nation spent $14.6M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 50.5% from the prior year.

Capital Expenditures
$352.0M
YoY-15.0%
5Y CAGR+5.1%
10Y CAGR-2.2%

Schneider Nation invested $352.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 15.0% from the prior year.

SNDR Income Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Revenue $1.4B-0.1% $1.4B-3.6% $1.5B+2.2% $1.4B+1.3% $1.4B+4.7% $1.3B+1.8% $1.3B-0.1% $1.3B
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $395.3M+0.6% $393.1M-2.4% $402.6M+0.8% $399.3M-0.2% $400.0M+12.8% $354.5M+1.9% $347.8M-1.3% $352.3M
Operating Income $33.4M-8.5% $36.5M+3.4% $35.3M-35.8% $55.0M+30.6% $42.1M-0.7% $42.4M-1.6% $43.1M-15.5% $51.0M
Interest Expense $7.0M-11.4% $7.9M-16.8% $9.5M+10.5% $8.6M+10.3% $7.8M+66.0% $4.7M+30.6% $3.6M-16.3% $4.3M
Income Tax $6.8M-6.8% $7.3M+4.3% $7.0M-38.6% $11.4M+31.0% $8.7M+1.2% $8.6M-1.1% $8.7M-25.6% $11.7M
Net Income $20.4M-7.7% $22.1M+13.9% $19.4M-46.1% $36.0M+37.9% $26.1M-19.9% $32.6M+6.5% $30.6M-13.3% $35.3M
EPS (Diluted) $0.12 N/A $0.11-45.0% $0.20+33.3% $0.15 N/A $0.17-15.0% $0.20

SNDR Balance Sheet

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Total Assets $4.9B+1.7% $4.8B-2.8% $5.0B+0.5% $5.0B-0.4% $5.0B+0.9% $4.9B+7.8% $4.6B+0.6% $4.5B
Current Assets $1.3B+12.4% $1.2B-3.3% $1.2B+4.9% $1.2B0.0% $1.2B+4.5% $1.1B+2.5% $1.1B+3.6% $1.1B
Cash & Equivalents $227.8M+13.1% $201.5M+3.8% $194.1M+20.8% $160.7M+51.3% $106.2M-9.7% $117.6M-34.3% $179.0M+73.4% $103.2M
Inventory $78.1M-21.7% $99.8M-1.6% $101.4M+23.1% $82.4M-12.1% $93.7M+4.3% $89.8M+7.8% $83.3M-8.6% $91.1M
Accounts Receivable $639.7M+10.6% $578.3M-5.5% $612.0M+1.2% $604.5M-2.8% $621.9M+3.6% $600.0M+10.9% $541.1M-1.9% $551.7M
Goodwill $337.4M0.0% $337.4M-0.4% $338.9M+0.1% $338.7M-0.3% $339.6M-10.1% $377.9M+13.9% $331.7M0.0% $331.7M
Total Liabilities $1.9B+4.8% $1.8B-7.3% $2.0B+0.7% $1.9B-2.4% $2.0B+2.2% $1.9B+21.1% $1.6B+0.7% $1.6B
Current Liabilities $681.8M+22.7% $555.8M-4.1% $579.6M-5.0% $610.1M-0.7% $614.2M-12.8% $704.5M+7.2% $657.2M-0.3% $659.3M
Long-Term Debt $386.0M-0.6% $388.4M-23.4% $507.1M-0.5% $509.5M-9.3% $561.9M+35.0% $416.3M+233.8% $124.7M-0.9% $125.8M
Total Equity $3.0B-0.1% $3.0B+0.1% $3.0B+0.3% $3.0B+0.8% $3.0B0.0% $3.0B+0.7% $3.0B+0.5% $3.0B
Retained Earnings $1.5B+0.2% $1.5B+0.4% $1.5B+0.2% $1.5B+1.3% $1.5B+0.6% $1.5B+1.1% $1.5B+1.0% $1.5B

SNDR Cash Flow Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Operating Cash Flow $92.9M-50.1% $186.0M+1.0% $184.2M+5.0% $175.5M+91.4% $91.7M-54.0% $199.5M-3.3% $206.4M+13.0% $182.6M
Capital Expenditures $40.9M+1.0% $40.5M-68.4% $128.0M+85.2% $69.1M-39.6% $114.4M+33.2% $85.9M-20.2% $107.7M+10.9% $97.1M
Free Cash Flow $52.0M-64.3% $145.5M+158.9% $56.2M-47.2% $106.4M+568.7% -$22.7M-120.0% $113.6M+15.1% $98.7M+15.4% $85.5M
Investing Cash Flow -$34.8M-0.3% -$34.7M+73.6% -$131.5M-146.7% -$53.3M+57.9% -$126.7M+74.9% -$504.4M-362.8% -$109.0M-43.4% -$76.0M
Financing Cash Flow -$31.8M+77.9% -$143.9M-645.6% -$19.3M+71.5% -$67.7M-386.9% $23.6M-90.3% $243.5M+1227.3% -$21.6M+69.4% -$70.7M
Dividends Paid $17.1M+2.4% $16.7M+0.6% $16.6M-0.6% $16.7M-1.8% $17.0M+1.8% $16.7M+0.6% $16.6M-1.2% $16.8M
Share Buybacks $5.2M-17.5% $6.3M $0 $0-100.0% $8.3M $0-100.0% $3.7M-71.1% $12.8M

SNDR Financial Ratios

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin 2.4%-0.2pp 2.6%+0.2pp 2.4%-1.4pp 3.9%+0.9pp 3.0%-0.2pp 3.2%-0.1pp 3.3%-0.6pp 3.9%
Net Margin 1.5%-0.1pp 1.6%+0.2pp 1.3%-1.2pp 2.5%+0.7pp 1.9%-0.6pp 2.4%+0.1pp 2.3%-0.3pp 2.7%
Return on Equity 0.7%-0.1pp 0.7%+0.1pp 0.6%-0.6pp 1.2%+0.3pp 0.9%-0.2pp 1.1%+0.1pp 1.0%-0.2pp 1.2%
Return on Assets 0.4%-0.0pp 0.5%+0.1pp 0.4%-0.3pp 0.7%+0.2pp 0.5%-0.1pp 0.7%-0.0pp 0.7%-0.1pp 0.8%
Current Ratio 1.95-0.2 2.13+0.0 2.11+0.2 1.91+0.0 1.90+0.3 1.58-0.1 1.66+0.1 1.59
Debt-to-Equity 0.130.0 0.13-0.0 0.170.0 0.17-0.0 0.19+0.0 0.14+0.1 0.040.0 0.04
FCF Margin 3.7%-6.7pp 10.4%+6.5pp 3.9%-3.6pp 7.5%+9.1pp -1.6%-10.1pp 8.5%+1.0pp 7.5%+1.0pp 6.5%

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Frequently Asked Questions

Schneider Nation (SNDR) reported $5.7B in total revenue for fiscal year 2025. This represents a 7.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Schneider Nation (SNDR) revenue grew by 7.3% year-over-year, from $5.3B to $5.7B in fiscal year 2025.

Yes, Schneider Nation (SNDR) reported a net income of $103.6M in fiscal year 2025, with a net profit margin of 1.8%.

Schneider Nation (SNDR) reported diluted earnings per share of $0.59 for fiscal year 2025. This represents a -10.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Schneider Nation (SNDR) had EBITDA of $618.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Schneider Nation (SNDR) had $201.5M in cash and equivalents against $388.4M in long-term debt.

Schneider Nation (SNDR) had an operating margin of 3.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Schneider Nation (SNDR) had a net profit margin of 1.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Schneider Nation (SNDR) paid $0.38 per share in dividends during fiscal year 2025.

Schneider Nation (SNDR) has a return on equity of 3.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Schneider Nation (SNDR) generated $285.4M in free cash flow during fiscal year 2025. This represents a 4.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Schneider Nation (SNDR) generated $637.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Schneider Nation (SNDR) had $4.8B in total assets as of fiscal year 2025, including both current and long-term assets.

Schneider Nation (SNDR) invested $352.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Schneider Nation (SNDR) spent $14.6M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Schneider Nation (SNDR) had a current ratio of 2.13 as of fiscal year 2025, which is generally considered healthy.

Schneider Nation (SNDR) had a debt-to-equity ratio of 0.13 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Schneider Nation (SNDR) had a return on assets of 2.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Schneider Nation (SNDR) has an Altman Z-Score of 3.57, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Schneider Nation (SNDR) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Schneider Nation (SNDR) has an earnings quality ratio of 6.15x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Schneider Nation (SNDR) has an interest coverage ratio of 5.0x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Schneider Nation (SNDR) scores 43 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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