KNX vs. TXRH

Last updated Jun 4, 2026

KNX (Knight-Swift Transportation Holdings Inc.) and TXRH (Texas Roadhouse, Inc.) are both stocks. KNX operates in Trucking (Industrials), while TXRH operates in Restaurants (Consumer Cyclical). Over the past 10 years, KNX returned 12.58%/yr vs 15.77%/yr for TXRH. At a 0.34 correlation, their price movements are largely independent.

Performance

KNX vs. TXRH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Knight-Swift Transportation Holdings Inc. (KNX) and Texas Roadhouse, Inc. (TXRH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KNX achieves a 50.21% return, which is significantly higher than TXRH's 0.99% return. Over the past 10 years, KNX has underperformed TXRH with an annualized return of 12.58%, while TXRH has yielded a comparatively higher 15.77% annualized return.

KNX

• 1D: 0.84%
• 1M: 25.96%
• YTD: 50.21%
• 6M: 55.37%
• 1Y: 77.42%
• 3Y*: 12.63%
• 5Y*: 11.84%
• 10Y*: 12.58%

TXRH

• 1D: -2.78%
• 1M: 7.07%
• YTD: 0.99%
• 6M: -0.81%
• 1Y: -13.75%
• 3Y*: 16.27%
• 5Y*: 13.23%
• 10Y*: 15.77%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KNX vs. TXRH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KNX Knight-Swift Transportation Holdings Inc.	50.21%	0.09%	-6.86%	11.11%	-13.20%	46.82%	17.64%	44.01%	-42.30%	33.16%
TXRH Texas Roadhouse, Inc.	0.99%	-6.57%	49.78%	37.15%	4.16%	15.71%	39.83%	-3.62%	15.11%	11.16%

Correlation

The correlation between KNX and TXRH is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.28
Correlation (All Time) Calculated using the full available price history since Oct 6, 2004	0.34

Fundamentals

Market Cap KNX : $12.77B TXRH : $10.99B
EPS KNX : $0.21 TXRH : $6.26
PE Ratio KNX : 374.89 TXRH : 26.55
PS Ratio KNX : 1.70 TXRH : 1.82
Total Revenue (TTM) KNX : $7.50B TXRH : $6.06B
Gross Profit (TTM) KNX : $2.29B TXRH : $1.14B
EBITDA (TTM) KNX : $912.37M TXRH : $701.29M

Return for Risk

KNX vs. TXRH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KNX

KNX Risk / Return Rank: 86
KNX Sharpe Ratio Rank: 87
KNX Sortino Ratio Rank: 86
KNX Omega Ratio Rank: 82
KNX Calmar Ratio Rank: 88
KNX Martin Ratio Rank: 86

TXRH

TXRH Risk / Return Rank: 17
TXRH Sharpe Ratio Rank: 20
TXRH Sortino Ratio Rank: 17
TXRH Omega Ratio Rank: 19
TXRH Calmar Ratio Rank: 14
TXRH Martin Ratio Rank: 13

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KNX vs. TXRH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Knight-Swift Transportation Holdings Inc. (KNX) and Texas Roadhouse, Inc. (TXRH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	KNX	TXRH	Difference
Sharpe ratio Return per unit of total volatility	1.99	-0.48	+2.47
Sortino ratio Return per unit of downside risk	2.79	-0.59	+3.38
Omega ratio Gain probability vs. loss probability	1.33	0.94	+0.40
Calmar ratio Return relative to maximum drawdown	4.11	-0.70	+4.82
Martin ratio Return relative to average drawdown	9.85	-1.22	+11.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KNX vs. TXRH - Sharpe Ratio Comparison

The current KNX Sharpe Ratio is 1.99, which is higher than the TXRH Sharpe Ratio of -0.48. The chart below compares the historical Sharpe Ratios of KNX and TXRH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KNX	TXRH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.99	-0.48	+2.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.44	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.45	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.41	-0.13

Drawdowns

KNX vs. TXRH - Drawdown Comparison

The maximum KNX drawdown since its inception was -67.93%, smaller than the maximum TXRH drawdown of -76.59%. Use the drawdown chart below to compare losses from any high point for KNX and TXRH.

Drawdown Indicators

	KNX	TXRH	Difference
Max Drawdown Largest peak-to-trough decline	-67.93%	-76.59%	+8.66%
Max Drawdown (1Y) Largest decline over 1 year	-18.91%	-19.61%	+0.70%
Max Drawdown (3Y) Largest decline over 3 years	-35.85%	-24.82%	-11.03%
Max Drawdown (5Y) Largest decline over 5 years	-38.04%	-30.45%	-7.59%
Max Drawdown (10Y) Largest decline over 10 years	-51.57%	-58.04%	+6.47%
Current Drawdown Current decline from peak	0.00%	-16.80%	+16.80%
Average Drawdown Average peak-to-trough decline	-16.28%	-16.15%	-0.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.89%	11.43%	-3.54%

Volatility

KNX vs. TXRH - Volatility Comparison

Knight-Swift Transportation Holdings Inc. (KNX) has a higher volatility of 15.71% compared to Texas Roadhouse, Inc. (TXRH) at 14.30%. This indicates that KNX's price experiences larger fluctuations and is considered to be riskier than TXRH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KNX	TXRH	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.71%	14.30%	+1.41%
Volatility (6M) Calculated over the trailing 6-month period	28.36%	21.48%	+6.88%
Volatility (1Y) Calculated over the trailing 1-year period	39.09%	28.64%	+10.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.34%	30.49%	+2.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.90%	35.55%	-1.65%

Dividends

KNX vs. TXRH - Dividend Comparison

KNX's dividend yield for the trailing twelve months is around 0.95%, less than TXRH's 1.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KNX Knight-Swift Transportation Holdings Inc.	0.95%	1.38%	1.21%	0.97%	0.92%	0.62%	0.77%	0.67%	0.96%	0.55%	0.73%	0.99%
TXRH Texas Roadhouse, Inc.	1.72%	1.64%	1.35%	1.80%	2.02%	1.34%	0.46%	2.13%	1.68%	1.59%	1.58%	1.90%

Financials

KNX vs. TXRH - Profitability Comparison

The chart below illustrates the profitability comparison between Knight-Swift Transportation Holdings Inc. and Texas Roadhouse, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

KNX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Knight-Swift Transportation Holdings Inc. reported a gross profit of 611.56M and revenue of 1.85B. Therefore, the gross margin over that period was 33.1%.

TXRH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Texas Roadhouse, Inc. reported a gross profit of 499.53M and revenue of 1.63B. Therefore, the gross margin over that period was 30.6%.

KNX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Knight-Swift Transportation Holdings Inc. reported an operating income of 28.58M and revenue of 1.85B, resulting in an operating margin of 1.5%.

TXRH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Texas Roadhouse, Inc. reported an operating income of 146.34M and revenue of 1.63B, resulting in an operating margin of 9.0%.

KNX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Knight-Swift Transportation Holdings Inc. reported a net income of -1.32M and revenue of 1.85B, resulting in a net margin of -0.1%.

TXRH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Texas Roadhouse, Inc. reported a net income of 123.43M and revenue of 1.63B, resulting in a net margin of 7.6%.

Frequently Asked Questions

Can I hold both KNX and TXRH in my portfolio?

KNX and TXRH have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KNX or TXRH?

KNX has higher volatility (15.71%) compared to TXRH (14.30%). In terms of maximum drawdown, KNX dropped -67.93% vs TXRH's -76.59%.

Which has better risk-adjusted returns?

KNX currently has the higher Sharpe Ratio (1.99 vs -0.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.