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Schneider National, Inc.

SNDR

Industrials · 33.84 +0.2% today

Isolated · not yet confirmedMarket checked 11 Sept, 13:55 GMT-4

Market read

Schneider National, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 12 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Company+0.2% todayVolume comparison unavailable
Market group0 of 12 activeTrucking & Logistics · unavailable
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
  • Net capital expenditures for the six months ended June 30, 2026 were $128.3M, a $21.3M decrease vs. 2025, driven by lower transportation equipment purchases and higher proceeds from sales.
  • Total other expenses fell for the six months ended June 30, 2026 largely because interest expense decreased by $2.5M versus the same period in 2025.

Invalidation: The isolated read changes if SNDR's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Industrials · Trucking

No new filing conclusion is available. 0 of 12 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Net capital expenditures for the six months ended June 30, 2026 were $128.3M, a $21.3M decrease vs. 2025, driven by lower transportation equipment purchases and higher proceeds from sales.
  • Total other expenses fell for the six months ended June 30, 2026 largely because interest expense decreased by $2.5M versus the same period in 2025.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements205
Verified relationships2
Evidence supporting the case
  • Latest annual revenue changed +7.3% year over year.
  • Operating cash flow covered net income at 6.15x in the latest annual period.
Evidence challenging the case
  • Capital investment and capacity has repeated adverse evidence across 4 filings.
Questions before a position
  • P/E is 56% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

34.02
6m+35.3%12m+40.2%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$5.6B+23.2%$2.28+0.3%
2022-12-31$6.6B+17.8%$2.56+0.4%
2023-12-31$5.5B-16.7%$1.34-0.3%
2024-12-31$5.3B-3.8%$0.66-1.2%
2025-12-31$5.7B+7.3%$0.59-0.1%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 5 filings
Total Other Expenses-Net Total other expenses decreased $2.9 million, approximately 19%, in the six months ended June 30, 2026, compared to the same period in 2025, largely due to a $2.5 million decrease in interest expense.
10-Q · Jul 31, 2026
Capital investment and capacitynegative · 4 filings
Investing Activities Net cash used in investing activities increased $24.4 million, approximately 8%, in the first nine months of 2025 compared to the same period in 2024 primarily related to increased purchases of lease equipment, decreased proceeds from sal…
10-Q · Oct 30, 2025
Energy and commodity pricesmixed · 4 filings
Purchased transportation costs increased $67.1 million, or 7%, primarily due to higher third-party carrier costs within Logistics consistent with increased revenue per order, increased purchased transportation costs within Intermodal resulting from higher fue…
10-Q · Jul 31, 2026
Input and raw-material costsnegative · 2 filings
As a result of this incident, we were required to rely on manual processes to book freight, execute loads, and pay carriers for two business days and otherwise execute our business continuity plans.
10-K · Feb 20, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 1.1× · EV/sales 1.1×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

33.84+0.2% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 13:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for SNDR. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for SNDR. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind SNDR

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

TSPHFiling-linked nameinvesteeMay 1, 2026

Upon completion of its initial public offering in April 2021, our investment in TuSimple was converted into Class A common shares and is being accounted for under ASC 321, Investments - Equity Securities .

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

SNDR is currently a Early Follower in the organic co-movement group Trucking & Logistics. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.