---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-012023"
form_type: "8-K"
ticker: "SAIA"
cik: "0001177702"
company_name: "SAIA INC"
filed_at: "2025-02-03T23:59:59+00:00"
generated_at: "2026-05-27T03:54:57.454697+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Saia Q4 EPS $2.84, down 14.7% YoY; revenue up 5% to $789M; operating ratio 87.1%

## Summary
- Q4 2024 diluted EPS $2.84 vs $3.33 YoY, a 14.7% decline.
- Revenue $789M (+5%), but operating income fell 9.9% to $101.5M; operating ratio worsened to 87.1% from 85.0%.
- Full year 2024 diluted EPS $13.51 vs $13.26; revenue $3.2B (+11.4%).
- Net capital expenditures $1.04B in 2024, including $235.7M for Yellow Corp properties; 2025 capex guided over $700M.
- Ended 2024 with $19.5M cash vs $296.2M at end of 2023; total debt rose to $200.3M from $16.5M.

## SEC filing metadata
- accession: 0000950170-25-012023
- form_type: 8-K
- ticker: SAIA
- cik: 0001177702
- company_name: SAIA INC
- filed_at: 2025-02-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1177702/000095017025012023/0000950170-25-012023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1177702/000095017025012023/saia-20250203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-012023
- JSON: https://secwatch.observer/filing/0000950170-25-012023.json
- Plain text: https://secwatch.observer/filing/0000950170-25-012023.txt

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