Schneider National, Inc.

For the period ended Jun 30, 2025. Filed Jul 31, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Jul 31, 2025

SNDR$29.05+0.4%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets (Unaudited)

(in millions, except share data)

	June 30,	December 31,
	2025	2024
Assets
Current Assets:
Cash and cash equivalents	$160.7	$117.6
Marketable securities	44.4	47.9
Trade accounts receivable—net of allowance of $4.3 million and $8.0 million, respectively	604.5	600.0
Other receivables	48.7	54.2
Current portion of lease receivables—net of allowance of $0.8 million	85.8	85.3
Inventories—net	82.4	89.8
Prepaid expenses and other current assets	138.5	120.5
Total current assets	1,165.0	1,115.3
Noncurrent Assets:
Property and equipment:
Transportation equipment	4,209.0	4,162.2
Land, buildings, and improvements	270.8	264.8
Other property and equipment	119.5	111.9
Total property and equipment	4,599.3	4,538.9
Less accumulated depreciation	1,752.6	1,669.5
Net property and equipment	2,846.7	2,869.4
Lease receivables	139.4	133.1
Internal use software and other noncurrent assets	466.6	438.0
Goodwill	338.7	377.9
Total noncurrent assets	3,791.4	3,818.4
Total Assets	$4,956.4	$4,933.7
Liabilities and Shareholders’ Equity
Current Liabilities:
Trade accounts payable	$267.6	$253.1
Accrued salaries, wages, and benefits	89.5	90.6
Claims accruals—current	111.6	139.6
Current maturities of debt and finance lease obligations	12.9	106.0
Other current liabilities	128.5	115.2
Total current liabilities	610.1	704.5
Noncurrent Liabilities:
Long-term debt and finance lease obligations	512.7	420.8
Claims accruals—noncurrent	170.2	151.2
Deferred income taxes	555.3	565.6
Other noncurrent liabilities	95.2	104.7
Total noncurrent liabilities	1,333.4	1,242.3
Total Liabilities	1,943.5	1,946.8
Commitments and Contingencies (Note 12)
Shareholders’ Equity:
Preferred shares, no par value, 50,000,000 shares authorized, no shares issued or outstanding	—	—
Class A common shares, no par value, 250,000,000 shares authorized, 83,029,500 shares issued and outstanding	—	—
Class B common shares, no par value, 750,000,000 shares authorized, 96,365,885 and 96,031,098 shares issued and 92,233,497 and 92,221,383 shares outstanding, respectively	—	—
Additional paid-in capital	1,610.0	1,605.3
Retained earnings	1,510.2	1,481.8
Accumulated other comprehensive loss	(2.6)	(3.8)
Treasury stock, at cost, 4,132,388 and 3,795,036 shares, respectively	(104.7)	(96.4)
Total Shareholders’ Equity	3,012.9	2,986.9
Total Liabilities and Shareholders’ Equity	$4,956.4	$4,933.7

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.