Schneider National, Inc. (SNDR) intrinsic value & 10-year financials
Schneider National, Inc. (SNDR) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 3.8% a year to $5.7B, with an average return on invested capital of 16.4%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $31.51
- Market cap
- $5.5B
- Revenue (FY2025)
- $5.7B
- Revenue growth (10-yr CAGR)
- 3.8%
- ROIC (10-yr avg)
- 16.4%
- Free cash flow (FY2025)
- $285.4M
SNDR 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $5.7B | $103.6M | $0.59 | $285.4M | 3.0% | 3.9% |
| FY2024 | $5.3B | $117.0M | $0.66 | $272.1M | 3.1% | 4.0% |
| FY2023 | $5.5B | $238.5M | $1.34 | $19.9M | 5.4% | 8.2% |
| FY2022 | $6.6B | $457.8M | $2.56 | $321.3M | 9.1% | 18.3% |
| FY2021 | $5.6B | $405.4M | $2.28 | $166.7M | 9.5% | 18.5% |
| FY2020 | $4.6B | $211.7M | $1.19 | $343.4M | 6.3% | 11.0% |
| FY2019 | $4.7B | $147.0M | $0.83 | $301.0M | 4.4% | 7.5% |
| FY2018 | $5.0B | $268.9M | $1.52 | $181.4M | 7.6% | 13.2% |
| FY2017 | $4.4B | $389.9M | $2.28 | $72.8M | 6.4% | 23.5% |
| FY2016 | $4.0B | $156.9M | $1.00 | $33.2M | 7.2% | 55.6% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Schneider National, Inc. has demonstrated mature, steady growth, with revenue compounding at 3.8% annually over the past decade.
Schneider National, Inc. has earned high returns on invested capital, averaging 16.4% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Schneider National, Inc. has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Schneider National, Inc. is modeled at -5.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-1.47 per share.