Financials Saia, Inc.

Stocks

SAIA

US78709Y1055

Ground Freight & Logistics

Market Closed - Nasdaq Other stock markets 04:00:00 2026-07-16 pm EDT			After hours 07:55:56 pm
438.29 ^USD	+5.09%		448.70	+2.38%

Jul. 13	BofA Securities Upgrades Saia to Buy From Neutral, Raises Price Target to $502 From $499	MT
Jul. 13	Saia Likely to Benefit From Demand Signals, BofA Says	MT

Projected Income Statement: Saia, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	2,289	2,792	2,881	3,209	3,234	3,595	3,887	4,186
Change	-	21.99%	3.2%	11.37%	0.79%	11.14%	8.12%	7.71%
EBITDA ¹	476.8	627.7	639.3	692.3	586.3	669.9	797.6	902.4
Change	-	31.64%	1.86%	8.28%	-15.31%	14.26%	19.06%	13.15%
EBIT ¹	335.1	470.5	460.5	482.2	337.7	412.6	519.8	607.4
Change	-	40.39%	-2.12%	4.7%	-29.96%	22.17%	25.99%	16.86%
Interest Paid ¹	-3.212	-2.611	-2.535	-8.93	-16.44	-9.536	-11.13	-6.902
Earnings before Tax (EBT) ¹	332.8	468	466.2	476	337.4	405.6	516.9	586.4
Change	-	40.65%	-0.39%	2.1%	-29.12%	20.21%	27.46%	13.44%
Net income ¹	253.2	357.4	354.9	362.1	255	307.6	388.1	443.5
Change	-	41.14%	-0.72%	2.03%	-29.56%	20.62%	26.15%	14.29%
Announcement Date	2/2/22	2/3/23	2/2/24	2/3/25	2/10/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	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	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1
Net sales 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	817.1	839.6	790	806.2	952.7	947.9	890.9	899.2	990.9	1,007	960.8	1,005
Change	-	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%	3.75%	2.76%	-5.92%	2.06%	18.17%	-0.51%	-6.01%	0.94%	10.19%	1.61%	-4.58%	4.56%
EBITDA ¹	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	161.9	168.1	127	129	185.4	185.8	167.4	171.2	211.8	213.2	196.1	198.7
Change	-	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%	25.33%	3.83%	-24.49%	1.6%	43.71%	0.24%	-9.89%	2.23%	23.7%	0.67%	-8%	1.31%
EBIT ¹	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	99.4	104.1	64.02	66.81	121.8	121.1	101.6	105	144.6	144.9	126.6	130.1
Change	-	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%	41.66%	4.74%	-38.5%	4.35%	82.3%	-0.55%	-16.08%	3.32%	37.74%	0.19%	-12.63%	2.74%
Charge d'intérêts ¹	-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	-4.742	-4.483	-2.934	-2.574	-2.588	-2.457	-2.357	-2.367	-2.267	-2.233	-2.233	-2
Earnings before Tax (EBT) ¹	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	95.56	114.8	61.44	65.04	119.1	119.2	100.7	103.6	144.3	145	127	128.5
Change	-	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%	45.75%	20.16%	-46.5%	5.86%	83.12%	0.06%	-15.49%	2.86%	39.34%	0.49%	-12.41%	1.16%
Net income ¹	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	71.39	86.32	47.52	49.87	89.8	90.19	76.69	77.64	109.2	109.9	96.25	97.2
Change	-	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%	43.33%	20.91%	-44.95%	4.95%	80.08%	0.43%	-14.97%	1.25%	40.61%	0.64%	-12.4%	0.99%
Announcement Date	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	7/25/25	10/30/25	2/10/26	4/30/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Saia, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	53.8	-32.9	-158	181	144	-66.6	-320	-504
Change	-	-161.15%	-380.24%	214.56%	-20.44%	-146.17%	-380.48%	-57.5%
Announcement Date	2/2/22	2/3/23	2/2/24	2/3/25	2/10/26	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Saia, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	285.7	367.4	439.9	1,044	567.6	382.2	443	500
Change	-	28.59%	19.72%	137.24%	-45.61%	-32.68%	15.92%	12.87%
Free Cash Flow (FCF) ¹	96.85	105.6	129.2	-457.2	50.84	222.6	222.9	155
Change	-	9.04%	22.4%	-453.71%	111.12%	337.73%	0.14%	-30.45%
Announcement Date	2/2/22	2/3/23	2/2/24	2/3/25	2/10/26	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Saia, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	20.83%	22.48%	22.19%	21.57%	18.13%	18.64%	20.52%	21.56%
EBIT Margin (%)	14.64%	16.85%	15.98%	15.02%	10.44%	11.48%	13.37%	14.51%
EBT Margin (%)	14.54%	16.76%	16.18%	14.83%	10.43%	11.28%	13.3%	14.01%
Net margin (%)	11.06%	12.8%	12.32%	11.28%	7.89%	8.56%	9.98%	10.59%
FCF margin (%)	4.23%	3.78%	4.49%	-14.25%	1.57%	6.19%	5.73%	3.7%
FCF / Net Income (%)	38.24%	29.54%	36.42%	-126.26%	19.94%	72.35%	57.43%	34.95%
Profitability
ROA	14.92%	17.78%	14.92%	12.59%	7.67%	8.43%	9.88%	9.5%
ROE	23.22%	25.53%	20.16%	17.03%	10.43%	11.27%	12.85%	12.66%
Financial Health
Leverage (Debt/EBITDA)	0.11x	-	-	0.26x	0.25x	-	-	-
Debt / Free cash flow	0.56x	-	-	-0.4x	2.84x	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	12.49%	13.16%	15.27%	32.52%	17.55%	10.63%	11.4%	11.94%
CAPEX / EBITDA (%)	59.92%	58.54%	68.8%	150.75%	96.82%	57.05%	55.54%	55.41%
CAPEX / FCF (%)	295.05%	347.95%	340.33%	-228.27%	1,116.41%	171.7%	198.77%	322.6%
Items per share
Cash flow per share ¹	14.33	17.73	21.59	21.78	22.21	22.52	25.74	-
Change	-	23.79%	21.77%	0.85%	1.99%	1.37%	14.32%	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	46.36	59.55	72.54	86.21	96.41	107.9	120.2	139.4
Change	-	28.45%	21.81%	18.83%	11.83%	11.94%	11.36%	16.02%
EPS ¹	9.48	13.4	13.26	13.51	9.52	11.48	14.55	16.52
Change	-	41.35%	-1.04%	1.89%	-29.53%	20.57%	26.76%	13.56%
Nbr of stocks (in thousands)	26,241	26,392	26,477	26,525	26,573	26,602	26,602	26,602
Announcement Date	2/2/22	2/3/23	2/2/24	2/3/25	2/10/26	-	-	-