This study aims to analyze the effect of liquidity, Leverage, activity, profitability, and institutional ownership on Financial Distress. The object of research is transportations companies listed on the Indonesia Stock Exchange (IDX) for the period 2013-2018. This study uses a purposive sampling method as a sampling technique with a total sample used which is 135 samples or 44 companies. The analytical tool used in this study is logistic regression analysis with SPSS 16 program. The results of this study that liquidity does not have a significant effect on Financial Distress, Leverage has a significant positive effect on Financial Distress, activity does not have a significant effect on Financial Distress, profitability has a significant negative effect on Financial Distress, and institutional ownership does not have a significant effect on Financial Distress.