Roadrunner Transportation Systems, Inc. RRTS

IndustrialsFreight & Logistics ServicesUnited States of America

Last close 2.21 USD on Nov 1, 2026, −10.8% year to date

Quant rating

Quant rating D Rank 476 of 486 in Industrials

Growth D 408 of 486
Valuation D 482 of 486
Quality D 385 of 486
Revisions D 447 of 486
Momentum D 423 of 486

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 87M
Enterprise value: 87M
52-week range: 1.64 – 5.47
3-year range: 1.05 – 6.95
Dividend yield: –
Beta (5 years): 0.03
Shares outstanding: 39.1M
Next earnings: –

About the company

Roadrunner Transportation Systems, Inc. is a less-than-truckload (LTL) freight services provider with operations primarily in the United States. The Company's services involve the pickup, consolidation, linehaul, deconsolidation, and delivery of LTL shipments. The Company offers direct long-haul metro-to-metro shipping in the United States. Its Smart Network, with a nationwide presence and terminals across 40+ metro markets, is a choice for shippers looking to move their freight. Direct routing eliminates the need for rehandles and freight handovers. Its operations platform is fueled by AI and ML technology assuring integrity of custodial control of freight and real-time tracking and visibility. Its LTL network is positioned to service the cross-border shipping needs for manufacturing, assembly and distribution required by consumer, e-commerce, industrial, automotive and retail importers from Mexico. More than 1,000 drivers leverage its Smart Network to improve their businesses.

Growth and profitability

Growth and profitability by fiscal year
	2019	2018	2017	2016	2015	5Y avg
Revenue (mil)	1,848	2,216	2,091	2,033	1,992	–
Revenue growth	−16.6%	6.0%	2.9%	2.1%	6.4%	−0.3%
EPS (basic, normalized)	−3.94	−107.50	–	8.75	31.50	–
EPS growth	–	–	–	−72.2%	–	–
Gross margin	32.5%	31.5%	31.6%	32.9%	34.2%	32.6%
Net margin	−18.5%	−7.5%	−4.7%	−17.7%	1.3%	−9.4%
ROE	−18,544.3%	–	–	–	–	−18,544.3%

Balance sheet, last quarter
Cash & short-term investments (mil)	4.8
Current ratio	0.96x
Long-term debt (mil)	245
Net debt (mil)	267
Total equity (mil)	55.8
Net debt / equity	4.78x
Net debt / EBITDA	−4.98x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2019 actual	1,848	−16.6%	0.0x	−53.6	−317.8%	−1.6x	−3.94	+96.3%	−0.6x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2020	–	–	–	–	–	–	–	–
2021	–	–	–	–	–	–	–	–
2022	–	–	–	–	–	–	–	–

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	FQ-9	FQ-8	FQ-7	FQ-6	FQ-5	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019
Sales reported (mil)	–	–	–	–	–	552	507	481	459	401
Sales mean (mil)	–	–	–	–	–	574	569	532	381	429
Surprise	–	–	–	–	–	−3.9%	−10.9%	−9.6%	+20.6%	−6.6%
EPS reported	–	–	–	–	–	−38.00	−1.47	−0.76	−1.45	−0.55
EPS mean	–	–	–	–	–	−1.25	0.00	0.00	−0.13	−0.40
Surprise	–	–	–	–	–	−2,940.0%	–	–	−1,015.4%	−37.5%

Peer comparison Freight & Logistics Services

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
RRTS Roadrunner Transportation Systems, Inc.	87M	−4.98x	−18.5%	–	–	–	–	–
UPS United Parcel Service Inc	92.1B	1.60x	6.3%	6.11x	14.9x	13.4x	8.9x	8.2x
FDX FedEx Corp	73.4B	–	4.7%	2.12x	17.2x	15.0x	8.3x	7.6x
ODFL Old Dominion Freight Line, Inc.	35.8B	−0.26x	18.6%	7.66x	29.1x	25.6x	17.7x	16.0x
EXPD Expeditors International of Washington Inc	25.8B	−0.93x	7.3%	12.20x	25.2x	24.5x	17.8x	17.8x
XPO XPO, Inc.	22.1B	2.28x	3.9%	11.24x	33.1x	28.2x	16.1x	14.5x
Mean		−0.46x	3.7%	7.87x	23.9x	21.3x	13.8x	12.8x
Median		−0.26x	5.5%	7.66x	25.2x	24.5x	16.1x	14.5x

Technical analysis

1M−18.0%
3M−54.8%
1Y+0.2%
3Y+38.3%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Roadrunner Transportation Systems, Inc., fiscal years, most recent first
	2019	2018	2017	2016	2015	2014
Total revenue	1,848	2,216	2,091	2,033	1,992	1,872
Cost of revenue	1,247	1,518	1,430	1,364	1,310	1,295
Gross profit	601	698	661	669	682	578
Selling, general & administrative expenses	377	310	297	286	263	214
Research & development	–	–	–	–	–	–
Depreciation/amortization	59.0	42.8	37.7	38.1	31.6	24.3
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	196	6.2	−15.2	374	0.6	2.3
Other operating expenses	293	397	394	375	324	271
Operating income	−324	−58.5	−52.3	−404	62.4	66.3
Net interest income (expense)	−20.4	−117	−64.0	−22.8	−19.4	−13.4
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	0	0	0	0	0	0
Net income before taxes	−345	−175	−116	−427	42.9	53.0
Provision for taxes	−3.7	−9.8	−17.8	−66.3	17.3	20.2
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	−341	−166	−98.6	−360	25.6	32.7
Extraordinary items	–	–	7.4	–	–	–
Net income	−341	−166	−91.2	−360	25.6	32.7
EBIT, normalized	−128	−52.3	−67.5	−30.1	62.9	68.6
EBITDA, normalized	−68.0	−8.7	−28.6	10.6	96.8	94.9
Basic EPS, normalized	−3.94	−107.50	–	8.75	31.50	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Roadrunner Transportation Systems, Inc., fiscal years, most recent first
	2019	2018	2017	2016	2015	2014
Assets
Cash & short-term investments	4.8	11.2	25.7	29.5	7.9	10.8
Receivables	219	279	336	314	281	291
Total inventory	–	–	–	–	–	–
Prepaid expenses	40.5	61.1	36.3	31.3	37.1	29.8
Other current assets	0	0	0	0	20.9	17.5
Total current assets	265	351	398	374	347	349
Property, plant & equipment	278	189	160	172	195	150
Goodwill	97.3	265	265	313	683	665
Intangibles	26.0	42.5	49.6	65.5	75.7	78.9
Long-term investments	–	–	–	–	–	–
Note receivable	–	–	–	–	–	–
Other long-term assets	5.1	6.4	3.6	9.1	7.3	7.5
Total assets	670	853	876	934	1,308	1,251
Liabilities
Accounts payable	130	160	172	149	116	127
Payable/accrued	–	–	–	–	–	–
Accrued expenses	117	111	105	89.4	81.9	66.6
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	27.1	26.4	9.9	446	433	424
Other current liabilities	0	0	0	0	0	0
Total current liabilities	274	298	287	684	631	617
Long-term debt	245	596	453	0	0	0
Minority interest	–	–	–	–	–	–
Other liabilities	95.9	11.8	25.2	52.0	120	109
Total liabilities	615	906	765	736	751	726
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	0.4	0.4	0.4	0.4	0.4	0.4
Additional paid-in capital	854	405	403	399	397	391
Retained earnings (accumulated deficit)	−798	−457	−293	−202	159	133
Treasury stock	–	–	–	–	–	–
Other equity	0	0	0	0	0	0
Total equity	55.8	−52.2	111	197	556	524
Total liabilities & shareholders' equity	670	853	876	934	1,308	1,251

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Roadrunner Transportation Systems, Inc., fiscal years, most recent first
	2019	2018	2017	2016	2015	2014
Operating activities
Net income	−341	−166	−91.2	−360	25.6	32.7
Depreciation, depletion & amortization	59.8	43.5	38.9	40.7	33.9	26.3
Deferred taxes	−3.0	−10.6	−27.1	−43.4	2.8	2.5
Non-cash items	191	118	29.2	377	4.5	9.0
Changes in working capital	−3.5	20.7	4.6	14.6	1.4	−33.2
Cash from operations	−97.1	5.6	−45.6	28.9	68.2	37.2
Investing activities
Capital expenditures	−27.7	−25.5	−14.5	−17.6	−50.0	−42.0
Other investing cash flows	88.7	2.8	92.1	8.0	−26.7	−224
Cash from investing	60.9	−22.7	77.6	−9.6	−76.7	−266
Financing activities
Financing cash flow items	16.0	16.2	−32.2	−3.6	−4.9	−5.9
Cash dividends paid	–	–	–	–	–	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	13.7	−13.6	−3.7	6.0	10.5	240
Cash from financing	29.8	2.6	−35.9	2.3	5.6	234
Foreign exchange effects	–	–	–	–	–	–
Net change in cash	−6.4	−14.5	−3.8	21.6	−2.9	5.4
Free cash flow	−125	−19.9	−60.1	11.3	18.2	−4.7

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.