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Dec 31, 2024

Saia Q4 2024 Earnings Report

Saia's Q4 2024 performance saw a revenue increase, but a decrease in operating income and earnings per share compared to the same period last year.

Key Takeaways

Saia Inc. reported a 5.0% increase in revenue to $789.0 million for Q4 2024, but experienced a 9.9% decrease in operating income to $101.5 million. Diluted earnings per share decreased to $2.84 compared to $3.33 in Q4 2023.

Revenue increased by 5.0% to $789.0 million.

Operating income decreased by 9.9% to $101.5 million.

LTL shipments per workday increased by 4.5%.

LTL tonnage per workday increased by 8.3%.

Total Revenue
$789M
Previous year: $751M
+5.0%
EPS
$2.84
Previous year: $3.33
-14.7%
Workdays
62
Gross Profit
$147M
Previous year: $113M
+30.6%
Cash and Equivalents
$19.5M
Previous year: $296M
-93.4%
Free Cash Flow
-$3.52M
Previous year: $62.3M
-105.6%
Total Assets
$3.17B
Previous year: $2.58B
+22.6%

Saia

Saia

Forward Guidance

Saia anticipates net capital expenditures will be over $700 million in 2025, subject to ongoing evaluation of market conditions.