Schneider National, Inc. (SNDR) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-97.2%

$0.84

vs $29.74 price

Levered DCF

$2.82

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

3.57

Safe zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	44.97×	43.7×	18.85×	9.11×	11.8×	17.39×	26.29×	12.28×
P/B	1.54×	1.72×	1.53×	1.47×	1.97×	1.79×	1.73×	1.55×
P/S	0.82×	0.97×	0.82×	0.63×	0.85×	0.81×	0.81×	0.66×
EV / EBITDA	8.05×	9.67×	6.7×	4.14×	5.65×	6.1×	7.4×	4.99×
Gross margin	5.3%	8.3%	10.2%	13.9%	13.6%	10.6%	11.2%	12.5%
Operating margin	3.0%	3.1%	5.4%	9.1%	9.5%	6.3%	4.4%	7.6%
Net margin	1.8%	2.2%	4.3%	6.9%	7.2%	4.6%	3.1%	5.4%
Current ratio	2.13×	1.58×	1.83×	2.12×	1.81×	2.28×	3.02×	2.53×
Debt / equity	0.19×	0.2×	0.1×	0.08×	0.11×	0.15×	0.2×	0.19×
Interest coverage	5×	9.95×	20.87×	62.54×	42.7×	21.08×	12.52×	30.06×
Dividend yield	1.4%	1.3%	1.4%	1.3%	1.0%	10.9%	1.1%	1.2%
Payout ratio	64.7%	56.9%	26.7%	12.2%	12.2%	188.9%	28.9%	15.1%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	3.4%	3.9%	8.1%	16.1%	16.7%	10.3%	6.6%	12.6%
Return on invested capital	2.9%	2.9%	5.7%	12.1%	12.1%	7.1%	4.6%	8.8%
Return on assets	2.1%	2.4%	5.2%	10.6%	10.3%	6.0%	4.0%	7.4%
Free cash flow yield	3.9%	2.9%	-2.8%	3.9%	0.5%	5.4%	4.4%	1.6%
Earnings yield	2.2%	2.3%	5.3%	11.0%	8.5%	5.8%	3.8%	8.1%
Enterprise value	$5B	$5.6B	$4.7B	$4B	$4.8B	$3.6B	$3.8B	$3.3B
Net debt / EBITDA	0.58×	0.85×	0.28×	-0.18×	0.03×	-0.15×	-0.21×	0.05×
Cash conversion cycle (days)	41	37	39	29	32	35	37	41