• Knight-Swift Transportation Holdings average operating margin for 2023 was 8.89%, a 45.16% decline from 2022.
• Knight-Swift Transportation Holdings average operating margin for 2022 was 16.21%, a 11.18% decline from 2021.
• Knight-Swift Transportation Holdings average operating margin for 2021 was 14.58%, a 46.39% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.