Financials Saia, Inc.

Equities

SAIA

US78709Y1055

Ground Freight & Logistics

Market Closed - Nasdaq Other stock markets 03:59:23 2025-06-18 pm EDT			5-day change	1st Jan Change
260.45 ^USD	-0.68%		+0.18%	-42.85%

Jun. 05	Saia Reports Decline in Shipments in April-May	MT
Jun. 05	Saia In April 2025, Ltl Shipments Per Workday Declined 1.9%, Ltl Tonnage Per Workday Increased 4.4%	RE

Projected Income Statement: Saia, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	1,822	2,289	2,792	2,881	3,209	3,240	3,494	3,783
Change	-	25.59%	21.99%	3.2%	11.37%	0.97%	7.83%	8.28%
EBITDA ¹	315	476.8	627.7	639.3	692.3	590.2	720.3	859.2
Change	-	51.39%	31.64%	1.86%	8.28%	-14.75%	22.05%	19.29%
EBIT ¹	180.3	335.1	470.5	460.5	482.2	346	462.2	574.3
Change	-	85.86%	40.39%	-2.12%	4.7%	-28.24%	33.6%	24.24%
Interest Paid ¹	-5.177	-3.212	-2.611	-2.535	-8.93	-18.48	-18.73	-16.99
Earnings before Tax (EBT) ¹	176.3	332.8	468	466.2	476	320.6	441.1	571.7
Change	-	88.78%	40.65%	-0.39%	2.1%	-32.64%	37.58%	29.61%
Net income ¹	138.3	253.2	357.4	354.9	362.1	243.8	332.8	423
Change	-	83.05%	41.14%	-0.72%	2.03%	-32.66%	36.49%	27.13%
Announcement Date	2/8/21	2/2/22	2/3/23	2/2/24	2/3/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	418.1	481.4	476.5	484.1	571.3	616.2	617.1	661.2	745.6	729.6	655.7	660.5	694.6	775.1	751.1	754.8	823.2	842.1	789	787.6	818.6	831.2	795.6	837.4	897.8	913.9	879.1
Change	-	15.13%	-1.02%	1.59%	18.03%	7.86%	0.14%	7.15%	12.75%	-2.15%	-10.12%	0.73%	5.16%	11.59%	-3.1%	0.49%	9.07%	2.29%	-6.31%	-0.17%	3.93%	1.54%	-4.28%	5.25%	7.21%	1.79%	-3.8%
EBITDA ¹	69.34	89.44	84.82	84.09	117.6	141.9	133.3	143.4	182.9	169	132.3	142	164.9	174.1	158.4	166.8	190.1	179.8	155.5	129.2	150.6	157.1	146.2	151.4	183.5	191.2	177
Change	-	28.98%	-5.16%	-0.87%	39.84%	20.64%	-6.02%	7.57%	27.57%	-7.6%	-21.72%	7.34%	16.12%	5.54%	-9.02%	5.31%	14.01%	-5.42%	-13.5%	-16.93%	16.56%	4.29%	-6.94%	3.61%	21.17%	4.18%	-7.39%
EBIT ¹	35.68	55.22	50.65	48.71	82.92	106.1	97.38	103.4	146	128.4	92.69	99.14	120.3	128.4	112.7	117.9	137.6	125.2	101.5	70.17	90.91	95.35	85.26	93.42	121.2	126.5	111
Change	-	54.75%	-8.27%	-3.82%	70.23%	27.97%	-8.23%	6.23%	41.13%	-12.08%	-27.79%	6.96%	21.29%	6.8%	-12.28%	4.66%	16.69%	-9.03%	-18.92%	-30.86%	29.57%	4.88%	-10.59%	9.58%	29.77%	4.37%	-12.28%
Charge d'intérêts ¹	-1.594	-1.174	-1.007	-0.852	-0.834	-0.777	-0.749	-0.692	-0.668	-0.581	-0.67	-0.688	-0.458	-0.454	-0.935	-0.542	-2.412	-2.997	-2.979	-4.285	-4.868	-4.8	-4.757	-4.575	-4.5	-4.5	-4.425
Earnings before Tax (EBT) ¹	34.84	54.43	50.18	47.99	82.52	105.3	96.93	102.5	144.6	127.7	93.26	99.1	121.3	130.2	115.6	118.9	135.6	122.7	98.8	65.56	86.73	91.39	78.57	87.53	117.6	122.8	107.3
Change	-	56.25%	-7.81%	-4.36%	71.94%	27.64%	-7.97%	5.77%	41%	-11.66%	-26.97%	6.26%	22.38%	7.4%	-11.24%	2.86%	14.05%	-9.54%	-19.47%	-33.64%	32.28%	5.37%	-14.03%	11.41%	34.31%	4.48%	-12.65%
Net income ¹	28.45	41.54	40.24	37.29	62.47	79.71	73.76	79.42	109.2	97.89	70.86	76.1	91.32	98.21	89.23	90.7	102.5	92.75	76.1	49.81	65.32	68.71	59.96	64.65	89.27	93.27	81.47
Change	-	45.99%	-3.14%	-7.32%	67.53%	27.59%	-7.46%	7.68%	37.55%	-10.39%	-27.61%	7.39%	20%	7.55%	-9.15%	1.64%	13.04%	-9.53%	-17.95%	-34.55%	31.14%	5.19%	-12.73%	7.81%	38.08%	4.48%	-12.65%
Announcement Date	7/29/20	10/29/20	2/8/21	4/28/21	7/29/21	10/28/21	2/2/22	5/2/22	7/27/22	10/31/22	2/3/23	4/28/23	7/28/23	10/27/23	2/2/24	4/26/24	7/26/24	10/25/24	2/3/25	4/25/25	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Saia, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	45.7	53.8	-32.9	-158	181	301	266	189
Change	-	17.72%	-161.15%	-380.24%	214.56%	66.46%	-11.63%	-28.95%
Announcement Date	2/8/21	2/2/22	2/3/23	2/2/24	2/3/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Saia, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	231.1	285.7	367.4	439.9	1,044	665.6	635.4	571.1
Change	-	23.62%	28.59%	19.72%	137.24%	-36.22%	-4.54%	-10.12%
Free Cash Flow (FCF) ¹	78	96.85	105.6	129.2	-457.2	-109	-31.95	-24.4
Change	-	24.16%	9.04%	22.4%	-453.71%	76.15%	70.7%	23.64%
Announcement Date	2/8/21	2/2/22	2/3/23	2/2/24	2/3/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Saia, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	17.28%	20.83%	22.48%	22.19%	21.57%	18.21%	20.62%	22.71%
EBIT Margin (%)	9.89%	14.64%	16.85%	15.98%	15.02%	10.68%	13.23%	15.18%
EBT Margin (%)	9.67%	14.54%	16.76%	16.18%	14.83%	9.9%	12.63%	15.11%
Net margin (%)	7.59%	11.06%	12.8%	12.32%	11.28%	7.52%	9.52%	11.18%
FCF margin (%)	4.28%	4.23%	3.78%	4.49%	-14.25%	-3.37%	-0.91%	-0.64%
FCF / Net Income (%)	56.38%	38.24%	29.54%	36.42%	-126.26%	-44.72%	-9.6%	-5.77%
Profitability
ROA	9.33%	14.92%	17.78%	14.92%	12.59%	7.47%	8.95%	10.76%
ROE	15.57%	23.22%	25.53%	20.16%	17.03%	10.38%	12.33%	13.38%
Financial Health
Leverage (Debt/EBITDA)	0.14x	0.11x	-	-	0.26x	0.51x	0.37x	0.22x
Debt / Free cash flow	0.59x	0.56x	-	-	-0.4x	-2.76x	-8.32x	-7.75x
Capital Intensity
CAPEX / Current Assets (%)	12.68%	12.49%	13.16%	15.27%	32.52%	20.54%	18.19%	15.09%
CAPEX / EBITDA (%)	73.38%	59.92%	58.54%	68.8%	150.75%	112.79%	88.21%	66.46%
CAPEX / FCF (%)	296.32%	295.05%	347.95%	340.33%	-228.27%	-610.48%	-1,988.92%	-2,340.86%
Items per share
Cash flow per share ¹	11.63	14.33	17.73	21.59	21.78	19.43	23.24	27.49
Change	-	23.22%	23.79%	21.77%	0.85%	-10.79%	19.63%	18.26%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	36.69	46.36	59.55	72.54	86.21	97.11	109.4	121
Change	-	26.37%	28.45%	21.81%	18.83%	12.65%	12.65%	10.59%
EPS ¹	5.2	9.48	13.4	13.26	13.51	9.195	12.51	15.81
Change	-	82.31%	41.35%	-1.04%	1.89%	-31.94%	36.06%	26.41%
Nbr of stocks (in thousands)	25,888	26,241	26,392	26,477	26,525	26,562	26,562	26,562
Announcement Date	2/8/21	2/2/22	2/3/23	2/2/24	2/3/25	-	-	-