Saia Inc (SAIA) - Net Assets
Based on the latest financial reports, Saia Inc (SAIA) has net assets worth $2.58 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.48 Billion) and total liabilities ($904.98 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SAIA asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.58 Billion |
| % of Total Assets | 74.01% |
| Annual Growth Rate | 13.73% |
| 5-Year Change | 111.23% |
| 10-Year Change | 433.6% |
| Growth Volatility | 28.61 |
Saia Inc - Net Assets Trend (1998–2025)
This chart illustrates how Saia Inc's net assets have evolved over time, based on quarterly financial data. Also explore Saia Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for Saia Inc (1998–2025)
The table below shows the annual net assets of Saia Inc from 1998 to 2025. For live valuation and market cap data, see Saia Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.58 Billion | +11.53% |
| 2024-12-31 | $2.31 Billion | +19.05% |
| 2023-12-31 | $1.94 Billion | +22.93% |
| 2022-12-31 | $1.58 Billion | +29.42% |
| 2021-12-31 | $1.22 Billion | +26.95% |
| 2020-12-31 | $961.29 Million | +17.92% |
| 2019-12-31 | $815.23 Million | +17.15% |
| 2018-12-31 | $695.86 Million | +19.39% |
| 2017-12-31 | $582.83 Million | +20.65% |
| 2016-12-31 | $483.08 Million | +12.90% |
| 2015-12-31 | $427.89 Million | +10.75% |
| 2014-12-31 | $386.37 Million | +26.76% |
| 2013-12-31 | $304.79 Million | +19.75% |
| 2012-12-31 | $254.52 Million | +16.06% |
| 2011-12-31 | $219.30 Million | +6.27% |
| 2010-12-31 | $206.36 Million | +1.81% |
| 2009-12-31 | $202.68 Million | -7.31% |
| 2008-12-31 | $218.68 Million | +8.98% |
| 2007-12-31 | $200.65 Million | -1.23% |
| 2006-12-31 | $203.16 Million | -11.05% |
| 2005-12-31 | $228.39 Million | +7.87% |
| 2004-12-31 | $211.73 Million | +12.14% |
| 2003-12-31 | $188.81 Million | +8.34% |
| 2002-12-31 | $174.28 Million | -24.11% |
| 2001-12-31 | $229.65 Million | +12.84% |
| 2000-12-31 | $203.51 Million | +2.31% |
| 1999-12-31 | $198.93 Million | +148.85% |
| 1998-12-31 | $79.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Saia Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 227915500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.28 Billion | 88.42% |
| Common Stock | $27.00K | 0.00% |
| Other Comprehensive Income | $-9.09 Million | -0.35% |
| Other Components | $307.61 Million | 11.93% |
| Total Equity | $2.58 Billion | 100.00% |
Saia Inc Competitors by Market Cap
The table below lists competitors of Saia Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stantec Inc
TO:STN
|
$10.26 Billion |
|
S-Oil Corp
KO:010950
|
$10.26 Billion |
|
Deutsche Lufthansa AG
XETRA:LHA
|
$10.27 Billion |
|
Absa Group Ltd
JSE:ABG
|
$10.27 Billion |
|
Logitech International S.A.
SW:LOGN
|
$10.25 Billion |
|
KT Corporation
NYSE:KT
|
$10.25 Billion |
|
On Holding Ltd
NYSE:ONON
|
$10.25 Billion |
|
SK TELECOM CO.LTD.ADR 5/9
F:KMBA
|
$10.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Saia Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,311,271,000 to 2,577,699,000, a change of 266,428,000 (11.5%).
- Net income of 255,036,000 contributed positively to equity growth.
- Share repurchases of 8,666,000 reduced equity.
- Other comprehensive income decreased equity by 1,107,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $255.04 Million | +9.89% |
| Share Repurchases | $8.67 Million | -0.34% |
| Other Comprehensive Income | $-1.11 Million | -0.04% |
| Other Changes | $21.17 Million | +0.82% |
| Total Change | $- | 11.53% |
Book Value vs Market Value Analysis
This analysis compares Saia Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.59x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 120.74x to 4.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $3.65 | $441.26 | x |
| 1999-12-31 | $9.08 | $441.26 | x |
| 2000-12-31 | $9.32 | $441.26 | x |
| 2001-12-31 | $10.51 | $441.26 | x |
| 2002-12-31 | $7.92 | $441.26 | x |
| 2003-12-31 | $8.38 | $441.26 | x |
| 2004-12-31 | $9.27 | $441.26 | x |
| 2005-12-31 | $10.12 | $441.26 | x |
| 2006-12-31 | $9.13 | $441.26 | x |
| 2007-12-31 | $9.53 | $441.26 | x |
| 2008-12-31 | $10.43 | $441.26 | x |
| 2009-12-31 | $10.07 | $441.26 | x |
| 2010-12-31 | $8.54 | $441.26 | x |
| 2011-12-31 | $9.06 | $441.26 | x |
| 2012-12-31 | $10.26 | $441.26 | x |
| 2013-12-31 | $12.09 | $441.26 | x |
| 2014-12-31 | $14.41 | $441.26 | x |
| 2015-12-31 | $16.80 | $441.26 | x |
| 2016-12-31 | $18.81 | $441.26 | x |
| 2017-12-31 | $22.33 | $441.26 | x |
| 2018-12-31 | $26.47 | $441.26 | x |
| 2019-12-31 | $30.84 | $441.26 | x |
| 2020-12-31 | $36.15 | $441.26 | x |
| 2021-12-31 | $45.69 | $441.26 | x |
| 2022-12-31 | $59.21 | $441.26 | x |
| 2023-12-31 | $72.54 | $441.26 | x |
| 2024-12-31 | $86.28 | $441.26 | x |
| 2025-12-31 | $96.23 | $441.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Saia Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.89%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.89%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.35x
- Recent ROE (9.89%) is above the historical average (7.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 11.49% | 2.25% | 1.59x | 3.22x | $1.19 Million |
| 1999 | 4.92% | 1.65% | 1.11x | 2.70x | $-10.10 Million |
| 2000 | 0.83% | 0.22% | 1.43x | 2.71x | $-18.65 Million |
| 2001 | 0.34% | 0.10% | 1.51x | 2.23x | $-22.19 Million |
| 2002 | -36.22% | -8.14% | 1.75x | 2.55x | $-80.54 Million |
| 2003 | 7.88% | 1.80% | 1.78x | 2.45x | $-4.03 Million |
| 2004 | 9.06% | 2.98% | 1.27x | 2.39x | $-2.00 Million |
| 2005 | 12.02% | 3.64% | 1.36x | 2.43x | $4.62 Million |
| 2006 | -10.18% | -2.36% | 1.79x | 2.40x | $-41.00 Million |
| 2007 | 9.14% | 1.88% | 1.74x | 2.79x | $-1.72 Million |
| 2008 | -9.73% | -2.01% | 1.87x | 2.59x | $-42.02 Million |
| 2009 | -3.89% | -0.93% | 1.82x | 2.30x | $-28.14 Million |
| 2010 | 0.95% | 0.22% | 2.00x | 2.19x | $-18.68 Million |
| 2011 | 5.19% | 1.10% | 2.17x | 2.17x | $-10.56 Million |
| 2012 | 12.59% | 2.92% | 2.11x | 2.04x | $6.60 Million |
| 2013 | 14.31% | 3.83% | 1.85x | 2.02x | $13.15 Million |
| 2014 | 14.17% | 4.09% | 1.85x | 1.87x | $15.30 Million |
| 2015 | 12.86% | 4.50% | 1.67x | 1.70x | $12.23 Million |
| 2016 | 9.94% | 3.84% | 1.56x | 1.66x | $-283.80K |
| 2017 | 15.65% | 6.49% | 1.45x | 1.66x | $32.90 Million |
| 2018 | 15.09% | 6.35% | 1.46x | 1.63x | $35.39 Million |
| 2019 | 13.95% | 6.36% | 1.26x | 1.74x | $32.20 Million |
| 2020 | 14.39% | 7.59% | 1.18x | 1.61x | $42.21 Million |
| 2021 | 20.75% | 11.06% | 1.24x | 1.51x | $131.20 Million |
| 2022 | 22.63% | 12.80% | 1.28x | 1.38x | $199.49 Million |
| 2023 | 18.28% | 12.32% | 1.12x | 1.33x | $160.71 Million |
| 2024 | 15.67% | 11.28% | 1.01x | 1.37x | $130.94 Million |
| 2025 | 9.89% | 7.89% | 0.93x | 1.35x | $-2.73 Million |
Industry Comparison
This section compares Saia Inc's net assets metrics with peer companies in the Trucking industry.
Industry Context
- Industry: Trucking
- Average net assets among peers: $-1,215,744,784
- Average return on equity (ROE) among peers: 6.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Saia Inc (SAIA) | $2.58 Billion | 11.49% | 0.35x | $10.26 Billion |
| ArcBest Corp (ARCB) | $181.70 Million | 8.48% | 2.84x | $2.46 Billion |
| BEST Inc (BEST) | $-13.51 Billion | 0.00% | 0.00x | $56.09 Million |
| Covenant Logistics Group, Inc. (CVLG) | $172.27 Million | -9.71% | 1.55x | $441.94 Million |
| Covenant Logistics Group, Inc. (CVLG) | $63.50 Million | 14.65% | 0.77x | $686.50 Million |
| Elite Express Holding Inc. Class A Common Stock (ETS) | $13.19 Million | -16.57% | 0.04x | $7.12 Million |
| Heartland Express Inc (HTLD) | $360.04 Million | 19.43% | 0.55x | $738.15 Million |
| Knight Transportation Inc (KNX) | $24.73 Million | 23.47% | 0.74x | $8.44 Billion |
| Marten Transport Ltd (MRTN) | $34.70 Million | 18.44% | 1.79x | $1.08 Billion |
| Old Dominion Freight Line Inc (ODFL) | $345.05 Million | 15.50% | 0.86x | $40.61 Billion |
| PAMT CORP (PAMT) | $155.48 Million | -12.07% | 0.87x | $198.76 Million |
About Saia Inc
Saia, Inc., together with its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 100 and 10,000 pounds. It also offers other value-added services, including non-asset truckload, expedited, and logistics services. As of December 31, 2024, it operated 214 owned and leased terminals; and owned approximately 6,6… Read more