Is the business good?
How good a business is SNDR?
Schneider National, Inc. earns 4.5% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
4.5%
Return on invested capital · cost of capital 9.0% · 4.5 points below what the capital costs: growth destroys value
- Operating margin
- 3.0%
Operating margin · Trucking median 1.8% · 12 months to Q2 2026
- Cash conversion
- 2.80×
Cash conversion · 2.36× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- +0.17%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 6.3% |
| FY2021 | 9.5% |
| FY2022 | 9.1% |
| FY2023 | 5.4% |
| FY2024 | 3.1% |
| FY2025 | 3.0% |
Details›
- Operating margin12 months to Q2 2026
- 3.0%
- Net margin12 months to Q2 2026
- 1.9%
- Free cash flow margin
- 5.4%
- Revenue, trailing twelve months
- $5.82B
- Free cash flow, trailing twelve months
- $312M
- Net income, trailing twelve months
- $112M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 4.5%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.