Sales Analysis
While Saia's free cash flow has shown instability, their revenue has enjoyed growth over the years. With a reported revenue of $1.82 billion USD in 2020, a 1.99% increase over 2019 revenue. Financial analysts are currently forecasting Saia's revenue for 2021 to come in at $2.18 billion USD, increasing by 19.8% over 2020.
It is recommended that Saia not expand into new markets or internationally during 2021, and wait until the final 2021 financial reports are released to re-asses this type of expansion. However, conservatively growing the company truck driver fleet at this time is highly recommended.
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