Meridian™
Universe

SAIA · CIK 0001177702 · FY2025 live · 2025-12-31

SAIA INC

SafeSEC 10-KZ″Industrials89th percentile in Industrials · 489 names

View as

Model

Z″

FY2025

6.12

Zone

Safe

Prior

—

Market DD

—

1y PD

—

6.12

Classic Z 3.95

−21.12.68+

Z″ 6.12 · distress below 1.10, grey to 2.60, safe above.

Z″ factor contributions

  • X1 Working capital / assets

    Short-term liquidity. Carries more weight in Z″ than in classic Z.

    0.05
    6.56 × = 0.32

  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    0.65
    3.26 × = 2.13

  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    0.10
    6.72 × = 0.68

  • X4 Book equity / liabilities

    Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.

    2.85
    1.05 × = 2.99

Five-year path

Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings rather than invent a series.

Meridian Rank

89.64

0–100 · Z″ tape · not a PD

  • Book standing

    88

  • Year change

    —

  • Market PD

    —

  • O-score

    94

Events on this name

Same published rows as Today. Not a live recompute.

  • Approaching grey

    watch · 41

    • Live Z: — → 6.12
    • Cut: — → 1.10

Overview

rule-v1

SAIA INC is on Z″ at 6.12 (safe) for FY2025, from an SEC 10-K. Book equity / liabilities is the line that sets the print; retained earnings / assets is the runner-up. This is the first live year on the desk. No market tape loaded. Z″ drops sales/assets so asset-light names are not punished for turnover. X4 is book equity on every name.

Book screen Safe; market PD —. Tape not priced — not a single default call.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Z″ scores · 89th percentile in Industrials.

KPI widgets

Current assets

$435M

Total assets

$3.5B

Current liabilities

$265M

Total liabilities

$905M

Working capital

$169M

Retained earnings

$2.3B

EBIT

$352M

Total sales

$3.2B

Book equity

$2.6B

Accession 0001193125-26-067030. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Z″ is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.