---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-010102"
form_type: "8-K"
ticker: "SAIA"
cik: "0001177702"
company_name: "SAIA INC"
filed_at: "2024-02-02T23:59:59+00:00"
generated_at: "2026-06-06T09:45:01.591219+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Saia Q4 EPS $3.33, revenue $751.1M +14.5% YoY; plans 15-20 new terminals in 2024

## Summary
- Q4 diluted EPS $3.33 (vs $2.65 YoY); revenue $751.1M (+14.5%); operating ratio 85.0% vs 85.9%.
- LTL shipments/workday +18.1%, tonnage +8.2%; revenue per hundredweight ex-fuel +11.7%.
- Full-year 2023 EPS $13.26 (vs $13.40); revenue $2.9B (+3.2%); operating ratio 84.0% vs 83.1%.
- Acquired 17 terminals and lease rights for 11 more in mid-Jan 2024; plans 15-20 new terminals in 2024.
- Ended 2023 with $296.2M cash; net capex $437.2M in 2023, expects ~$1B in 2024.

## SEC filing metadata
- accession: 0000950170-24-010102
- form_type: 8-K
- ticker: SAIA
- cik: 0001177702
- company_name: SAIA INC
- filed_at: 2024-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1177702/000095017024010102/0000950170-24-010102-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1177702/000095017024010102/saia-20240202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-010102
- JSON: https://secwatch.observer/filing/0000950170-24-010102.json
- Plain text: https://secwatch.observer/filing/0000950170-24-010102.txt

## Key facts
- Earnings Releases
  SAIA INC reported fourth quarter 2023 results: revenue $751.1 million, EPS $3.33.
  - Period: fourth quarter 2023
  - Revenue: $751.1 million
  - EPS: $3.33
  - Result: reported results
  source text: to $13.40 in 2022. Highlights from the fourth quarter and full year operating results were as follows: Fourth Quarter 2023 Compared to Fourth Quarter 2022 Results • Revenue was $751.1 million, a 14.5% increase • Operating income was $112.7 million, a 21.5% increase • Operating ratio of 85.0% compared to 85.9% • LTL shipments per workday increased 18.1% • LTL tonnage
  evidence_url: https://www.sec.gov/Archives/edgar/data/1177702/000095017024010102/0000950170-24-010102-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.