Schneider National
SNDR on NYSE. Schneider National sells trucking, intermodal, and logistics services to businesses in North America. Market value $1.3bn.
Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.
Should I look at this?
Good business, but not cheap right now
Why it could be worth it
See cheaper Industrials stocks on the list
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $5.62 of spare cash in the past 12 months. A savings account pays about $4.
You pay 32.0 years of operating profit for the business. The average large US company costs around 18.
Each dollar kept in the business earns 7 cents a year. Above 10 is good.
Quality score: 75 of 100. Price score: 42 of 100. Our list needs 70 on quality and 60 on price.
$31.60 a share, 57% above its 1-year low
Over the past year the price has ranged from $20.11 to $39.27.
Dividend: 1.2% a year
Paid every year for at least 5 years
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | $5.6bn | $6.6bn | $5.5bn | $5.3bn | $5.7bn |
| Operating margin | |||||
| Operating margin | 9.5% | 9.1% | 5.4% | 3.1% | 3.0% |
| Debt to equity | |||||
| Debt to equity | 0.11 | 0.07 | 0.10 | 0.17 | 0.13 |
| Shares outstanding | |||||
| Shares outstanding | 0.18bn | 0.18bn | 0.18bn | 0.18bn | 0.18bn |
Health checks
- Free cash flow positive5 of 5 years
- Accounting looks honest (Beneish)Not enough data
- Financial strength (Piotroski)7 of 7 checks we could run
- Profit backed by cash (accruals)No
- Debt0.13× equity
- Revenue growth, five yearsSlow, 4.5% a year
- Buying back its own sharesRoughly flat
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Sales: $1.6 billion last quarter, up 10% on a year ago.
- Profit: $50 million, up 38% on a year ago.
- It keeps 3 cents of each $1 of sales as operating profit, about the same as a year earlier.
- Spare cash over the past 12 months: $312 million, up from $296 million.
- About the same number of shares as a year ago.
- Debt is $100 million more than cash, down from $359 million a year ago.
- Sales grew on a year ago in 3 of the last 4 quarters.
| Quarter to | Amount |
|---|---|
| September 2024 | $1.3bn |
| December 2024 | $1.3bn |
| March 2025 | $1.4bn |
| June 2025 | $1.4bn |
| September 2025 | $1.5bn |
| December 2025 | $1.4bn |
| March 2026 | $1.4bn |
| June 2026 | $1.6bn |
| Quarter to | Amount |
|---|---|
| September 2024 | $31m |
| December 2024 | $33m |
| March 2025 | $26m |
| June 2025 | $36m |
| September 2025 | $19m |
| December 2025 | $22m |
| March 2026 | $20m |
| June 2026 | $50m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 20 February 2026
- Next quarterly (estimated, 10-Q)
- 30 October 2026
Who owns it
2 long-term investors we follow own it, unchanged from 2 last quarter. 338 funds in all.
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| Gotham Asset ManagementJoel Greenblatt | $25m | <0.1% | Added |
| Hotchkis & WileyHotchkis & Wiley team | $8m | <0.1% | Cut |
Largest holders overall
- BlackRock$259mAdded
- Blueprint Investment Partners$222m
- Blueprint Financial Advisors$222m
- Dimensional Fund Advisors LP$188mAdded
- AQR Capital Management$101mAdded
- Vanguard Portfolio Management$90mCut
- Earnest Partners$74mCut
- American Century Companies$73mAdded
- Vanguard Capital Management$72mCut
- Deprince Race & Zollo$71mCut
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
9 investors own more than 5%.
- Klimpel Joan D.Passive investor64.1%−0.2 ptsSince 31 December 2025
- Koller Therese A.Insider or founderat least 19.9%+0.1 pts(filed with 2 related holders)Since 16 January 2026
- Zimmermann Kathleen M.Insider or founderat least 18.1%+0.1 pts(filed with 2 related holders)Since 15 January 2026
- DePrey Mary P.Insider or founderat least 17.5%0.0 pts(filed with 2 related holders)Since 16 January 2026
- Schneider Paul J.Insider or founderat least 16.8%−0.2 pts(filed with 2 related holders)Since 16 January 2026
- Donald J. Schneider 2000 Trust f/b/o Paul J. SchneiderInsider or founder8.3%Since 31 January 2025
- BlackRock, Inc.Passive investor6.5%−2.5 ptsSince 31 March 2025
- Gannon Thomas A.Passive investor6.2%−0.2 ptsSince 31 December 2025
- Dimensional Fund Advisors LPPassive investor5.1%Since 30 June 2025
| Holder | Stake | Since | |
|---|---|---|---|
Klimpel Joan D. Passive investor | 64.1%−0.2 pts | 31 December 2025 | |
Koller Therese A. Insider or founder | at least 19.9%+0.1 pts (filed with 2 related holders) | 16 January 2026 | |
Zimmermann Kathleen M. Insider or founder | at least 18.1%+0.1 pts (filed with 2 related holders) | 15 January 2026 | |
DePrey Mary P. Insider or founder | at least 17.5%0.0 pts (filed with 2 related holders) | 16 January 2026 | |
Schneider Paul J. Insider or founder | at least 16.8%−0.2 pts (filed with 2 related holders) | 16 January 2026 | |
Donald J. Schneider 2000 Trust f/b/o Paul J. Schneider Insider or founder | 8.3% | 31 January 2025 | |
BlackRock, Inc. Passive investor | 6.5%−2.5 pts | 31 March 2025 | |
Gannon Thomas A. Passive investor | 6.2%−0.2 pts | 31 December 2025 | |
Dimensional Fund Advisors LP Passive investor | 5.1% | 30 June 2025 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought shares on the open market in the last 12 months. 6 sold $4m.
- Rourke Mark B.Executive Chair, DirectorSold
- Date
- 4 August 2026
- Shares
- 52,682
- Price
- $35.94
- Value
- $2m
- Rourke Mark B.Executive Chair, DirectorSold
- Date
- 3 August 2026
- Shares
- 20,312
- Price
- $35.18
- Value
- $714,503
- Jackson Thomas GEVP - General CounselSold
- Date
- 10 June 2026
- Shares
- 20,271
- Price
- $37.15
- Value
- $753,068
- Devgun ShaleenEVP-Chief Innovation, TechSold
- Date
- 8 June 2026
- Shares
- 8,352
- Price
- $38.59
- Value
- $322,304
- Dumas Magnin Shelly AVP and Corporate ControllerSold
- Date
- 6 May 2026
- Shares
- 2,425
- Price
- $30.90
- Value
- $74,933
- Fish Angela MEVP Human ResourcesSold
- Date
- 5 May 2026
- Shares
- 7,869
- Price
- $30.43
- Value
- $239,454
- Fish Angela MEVP Human ResourcesSold
- Date
- 4 May 2026
- Shares
- 6,250
- Price
- $30.01
- Value
- $187,563
- Campbell Darrell GeorgeEVP - CFOSold
- Date
- 19 February 2026
- Shares
- 6,000
- Price
- $28.89
- Value
- $173,340
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 4 August 2026 | Rourke Mark B. Executive Chair, Director | Sold | 52,682 | $35.94 | $2m |
| 3 August 2026 | Rourke Mark B. Executive Chair, Director | Sold | 20,312 | $35.18 | $714,503 |
| 10 June 2026 | Jackson Thomas G EVP - General Counsel | Sold | 20,271 | $37.15 | $753,068 |
| 8 June 2026 | Devgun Shaleen EVP-Chief Innovation, Tech | Sold | 8,352 | $38.59 | $322,304 |
| 6 May 2026 | Dumas Magnin Shelly A VP and Corporate Controller | Sold | 2,425 | $30.90 | $74,933 |
| 5 May 2026 | Fish Angela M EVP Human Resources | Sold | 7,869 | $30.43 | $239,454 |
| 4 May 2026 | Fish Angela M EVP Human Resources | Sold | 6,250 | $30.01 | $187,563 |
| 19 February 2026 | Campbell Darrell George EVP - CFO | Sold | 6,000 | $28.89 | $173,340 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
- It isn't cheap on profits: 32.0× operating profit.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.