HEARTLAND EXPRESS INC
HEARTLAND EXPRESS INC
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 62 | 44 | 18 | 33 | 23 | 24 | 13 | 31 | 24 | 24 | 28 | 20 | |||||
Accounts Receivable Net Current | 77 | 78 | 74 | 80 | 86 | 95 | 92 | 100 | 109 | 108 | 103 | 114 | |||||
Other Prepaid Expense Current | 11 | 11 | 12 | 11 | 11 | 10 | 10 | 9 | 9 | 9 | 11 | 12 | |||||
Other Assets Current | 36 | 10 | 9 | 14 | 15 | 11 | 13 | 16 | 17 | 14 | 18 | 21 | |||||
Income Taxes Receivable | 0 | 0 | 1 | 1 | 2 | 0 | 2 | 1 | 5 | 5 | 10 | 15 | |||||
Assets Current | 186 | 143 | 115 | 138 | 136 | 140 | 129 | 157 | 164 | 160 | 169 | 182 | |||||
Assets Noncurrent | |||||||||||||||||
Property Plant And Equipm… | |||||||||||||||||
Land And Land Improvements | 100 | 117 | 120 | 120 | 120 | 120 | 120 | 119 | 119 | 119 | 119 | 102 | |||||
Buildings And Improvements Gross | 153 | 168 | 172 | 151 | 151 | 151 | 151 | 152 | 152 | 150 | 150 | 153 | |||||
Furniture And Fixtures Gross | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | |||||
Machinery And Equipment Gross | 20 | 20 | 20 | 21 | 21 | 21 | 21 | 22 | 22 | 21 | 21 | 22 | |||||
Construction In Progress Gross | 3 | 1 | 1 | 28 | 22 | 16 | 9 | 2 | 1 | 4 | 3 | 16 | |||||
Property Plant And Equipment Gross | 1,003 | 1,106 | 1,149 | 1,196 | 1,263 | 1,299 | 1,284 | 1,298 | 1,317 | 1,316 | 1,320 | 1,330 | |||||
Accumulated Depreciation Depletion And Amortizatio… | 432 | 479 | 481 | 507 | 534 | 532 | 520 | 537 | 515 | 475 | 435 | 404 | |||||
Property Plant And Equipment Net | 571 | 627 | 667 | 689 | 729 | 767 | 764 | 761 | 803 | 841 | 885 | 926 | |||||
Goodwill | 323 | 323 | 323 | 323 | 323 | 323 | 323 | 323 | 323 | 323 | 323 | 323 | |||||
Intangible Assets Net Excluding Goodwill | 67 | 68 | 70 | 90 | 91 | 92 | 94 | 95 | 96 | 97 | 99 | 100 | |||||
Other Assets Noncurrent | 15 | 15 | 15 | 15 | 15 | 16 | 15 | 16 | 15 | 15 | 15 | 32 | |||||
Deferred Income Tax Assets Net | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Operating Lease Right Of Use Asset | 12 | 3 | 2 | 3 | 4 | 6 | 8 | 10 | 11 | 14 | 17 | 11 | |||||
Assets | 1,175 | 1,181 | 1,192 | 1,258 | 1,299 | 1,345 | 1,334 | 1,361 | 1,413 | 1,452 | 1,510 | 1,576 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable And Accrued Liabilities Current | 34 | 41 | 33 | 41 | 54 | 62 | 35 | 42 | 40 | 36 | 38 | 60 | |||||
Employee Related Liabilities Current | 25 | 25 | 25 | 27 | 28 | 28 | 27 | 29 | 28 | 30 | 28 | 30 | |||||
Self Insurance Reserve Current | 29 | 30 | 31 | 26 | 26 | 25 | 24 | 25 | 26 | 24 | 22 | 16 | |||||
Long Term Debt And Capital Lease Obligations Curre… | - | - | 6 | - | - | - | 9 | - | - | - | 9 | - | |||||
Long Term Debt Current | 0 | 0 | - | 8 | 11 | 11 | - | 9 | 9 | 9 | - | 9 | |||||
Operating Lease Liability Current | 3 | 2 | 1 | 2 | 4 | 5 | 6 | 7 | 7 | 8 | 9 | 8 | |||||
Other Accrued Liabilities Current And Noncurrent | 15 | 14 | 13 | 18 | 21 | 23 | 19 | 24 | 24 | 21 | 17 | 19 | |||||
Taxes Payable Current And Noncurrent | - | - | - | - | - | 2 | - | - | - | - | - | - | |||||
Taxes Payable Current | 11 | 0 | - | - | - | - | - | - | - | - | - | - | |||||
Liabilities Current | 117 | 113 | 110 | 121 | 144 | 156 | 120 | 135 | 134 | 127 | 123 | 142 | |||||
Liabilities Noncurrent | |||||||||||||||||
Accrued Income Taxes Noncurrent | 6 | 6 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | |||||
Long Term Debt Noncurrent | 135 | 150 | 154 | 178 | 183 | 189 | 192 | 198 | 229 | 255 | 291 | 335 | |||||
Operating Lease Liability Noncurrent | 8 | 1 | 0 | 1 | 1 | 1 | 2 | 3 | 4 | 6 | 8 | 4 | |||||
Deferred Income Taxes And Other Tax Liabilities No… | - | - | 134 | - | - | - | 158 | - | - | - | 189 | - | |||||
Deferred Tax And Other Liabilities Noncurrent | 123 | 131 | - | 141 | 144 | 150 | - | 164 | 173 | 180 | - | 195 | |||||
Self Insurance Reserve Noncurrent | 30 | 31 | 33 | 36 | 36 | 35 | 34 | 30 | 31 | 29 | 27 | 32 | |||||
Liabilities Noncurrent | 301 | 319 | 326 | 361 | 369 | 381 | 392 | 401 | 443 | 476 | 521 | 572 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Additional Paid In Capital Common Stock | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 5 | 4 | |||||
Retained Earnings Accumulated Deficit | 968 | 959 | 965 | 986 | 996 | 1,009 | 1,024 | 1,028 | 1,038 | 1,043 | 1,060 | 1,057 | |||||
Treasury Stock Value | -215 | -214 | -214 | -215 | -213 | -205 | -206 | -206 | -207 | -200 | -200 | -201 | |||||
Stockholders Equity | - | - | 755 | - | - | - | 823 | - | - | - | 865 | - | |||||
Liabilities And Stockholders Equity | 1,175 | 1,181 | 1,192 | 1,258 | 1,299 | 1,345 | 1,334 | 1,361 | 1,413 | 1,452 | 1,510 | 1,576 | |||||
Allowance For Doubtful Accounts Receivable Current | 1 | 2 | - | 2 | 2 | 2 | - | 2 | 2 | 3 | - | 3 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 395 | 395 | 395 | 395 | 395 | 395 | 395 | 395 | 395 | 395 | 395 | 395 | |||||
Common Stock Shares Issued | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | 91 | |||||
Shares Outstanding | 77 | 77 | 77 | 77 | 78 | 79 | 79 | 78 | 78 | 79 | 79 | 79 | |||||
Treasury Stock Common Shares | - | - | 13 | - | - | - | 12 | - | - | - | 12 | - | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 24.23% | 17.76% | -3.34% | - | - | - | - | - | - | - | - | - |
| 2025 | -2.81% | 2.71% | -15.29% | 11.99% | 11.87% | 5.20% | 17.95% | 19.24% | 31.49% | -6.99% | 18.59% | 30.60% |
| 2024 | -1.39% | 7.59% | 15.00% | 4.47% | 2.03% | -4.23% | -4.93% | -10.90% | -8.83% | -17.91% | -26.37% | -26.28% |
| 2023 | - | - | - | - | - | - | 10.89% | 16.11% | 7.64% | -9.84% | -18.61% | -11.08% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.58 | 1.27 | 1.04 | 1.14 | 0.95 | 0.90 | 1.08 | 1.17 | 1.23 | 1.26 | 1.37 | 1.28 | |||||
| Quick Ratio | 1.58 | 1.27 | 1.04 | 1.14 | 0.95 | 0.90 | 1.08 | 1.17 | 1.23 | 1.26 | 1.37 | 1.28 | |||||
| Working Capital | 68.57M | 30.64M | 4.44M | 16.69M | -7.42M | -15.08M | 9.89M | 22.40M | 30.28M | 32.67M | 45.80M | 39.95M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.55 | 0.58 | 0.58 | 0.62 | 0.65 | 0.66 | 0.62 | 0.65 | 0.69 | 0.71 | 0.74 | 0.83 | |||||
| Interest Coverage TTM | -2.41 | -5.67 | -6.40 | -3.74 | -3.24 | -1.74 | -1.43 | -0.75 | -0.68 | 0.29 | 2.32 | 3.17 | |||||
| Debt Ratio | 0.36 | 0.37 | 0.37 | 0.38 | 0.39 | 0.40 | 0.38 | 0.39 | 0.41 | 0.42 | 0.43 | 0.45 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.60 | 0.60 | 0.64 | 0.66 | 0.69 | 0.71 | 0.74 | 0.74 | 0.74 | 0.75 | 0.76 | 0.79 | |||||
| Days Sales Outstanding TTM | 40.24 | 41.36 | 37.55 | 37.81 | 38.10 | 37.16 | 33.86 | 36.15 | 36.55 | 37.25 | 36.66 | 39.28 | |||||
| Receivables Turnover TTM | 9.07 | 8.82 | 9.72 | 9.65 | 9.58 | 9.82 | 10.78 | 10.10 | 9.99 | 9.80 | 9.96 | 9.29 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.28 | -0.56 | -0.67 | -0.45 | -0.46 | -0.36 | -0.38 | -0.29 | -0.31 | -0.16 | 0.19 | 0.32 | |||||
| Free Cash Flow Per Share TTM | -1.11 | -0.83 | -0.86 | -0.88 | -0.40 | 0.14 | 0.44 | 1.14 | 0.29 | -0.52 | -0.55 | -0.49 | |||||
| Dividend Per Share TTM | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.06 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 91.24% | 91.68% | 92.24% | 89.81% | 90.64% | 91.41% | 92.04% | 90.92% | 91.37% | 91.74% | 92.22% | 91.76% | |||||
| Operating Profit Margin TTM | -2.29% | -6.01% | -7.13% | -3.86% | -3.59% | -2.08% | -1.93% | -0.98% | -0.97% | 0.45% | 3.51% | 4.49% | |||||
| Net Profit Margin TTM | -2.98% | -5.69% | -6.51% | -4.01% | -3.85% | -2.86% | -2.84% | -2.11% | -2.17% | -1.13% | 1.22% | 1.96% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -21.02% | -23.49% | -23.08% | -19.56% | -16.42% | -13.10% | -13.25% | -16.06% | -11.89% | -0.07% | 24.74% | 69.08% | |||||
| Net Income Growth (1Y) | -38.76% | 52.35% | 76.48% | 53.09% | 48.24% | 120.06% | -301.16% | -190.49% | -140.13% | -110.00% | -88.94% | -81.82% | |||||
| EPS Growth (1Y) | -38.23% | 54.48% | 78.42% | 55.11% | 49.82% | 121.47% | -301.87% | -191.10% | -140.18% | -110.00% | -88.95% | -81.84% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -53.64 | -18.54 | -13.36 | -18.52 | -18.66 | -25.16 | -29.36 | -41.73 | -39.59 | -71.64 | 74.80 | 45.18 | |||||
| P/B TTM | 1.56 | 1.07 | 0.93 | 0.83 | 0.85 | 0.89 | 1.06 | 1.15 | 1.14 | 1.09 | 1.28 | 1.32 | |||||
| P/S TTM | 1.60 | 1.05 | 0.87 | 0.74 | 0.72 | 0.72 | 0.83 | 0.88 | 0.86 | 0.81 | 0.92 | 0.88 | |||||
| Market Cap | 1.18B | 804.46M | 700.86M | 645.57M | 669.28M | 716.76M | 872.55M | 950.32M | 957.73M | 927.41M | 1.11B | 1.14B | |||||
| Enterprise Value | 1.24B | 896.33M | 829.19M | 785.39M | 826.68M | 878.72M | 1.05B | 1.11B | 1.16B | 1.15B | 1.36B | 1.45B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -85.77M | -64.01M | -66.85M | -68.18M | -31.42M | 10.82M | 34.81M | 89.41M | 23.15M | -41.34M | -43.33M | -39.00M | |||||
| Net Debt | 59.13M | 91.88M | 128.33M | 139.83M | 157.40M | 161.96M | 174.46M | 162.36M | 200.02M | 226.21M | 258.81M | 310.08M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
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| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
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| EV EBITDA TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
HEARTLAND EXPRESS INC (HTLD) — SEC Financial Statements & Analysis
HEARTLAND EXPRESS INC (HTLD) is a trucking (no local) company, incorporated in NV. HEARTLAND EXPRESS INC trades on Nasdaq as: HTLD. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), HEARTLAND EXPRESS INC reported a -21.02% year-over-year revenue growth, a Gross Profit Margin of 91.24% (TTM), a Debt-to-Equity ratio of 0.55x, a Price-to-Sales (P/S) ratio of 1.60x (TTM), a Price-to-Book (P/B) ratio of 1.56x (TTM), at a market cap of $1.18B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -21.02%
- Gross Profit Margin TTM
- 91.24%
- Debt To Equity
- 0.55x
- P/S TTM
- 1.60x
- P/B TTM
- 1.56x
- Market Cap
- $1.18B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is HEARTLAND EXPRESS INC in?
HEARTLAND EXPRESS INC (HTLD) operates in the Trucking (No Local) industry.
What is HTLD's market cap?
HEARTLAND EXPRESS INC (HTLD) has a market capitalization of $1.18B as of 2026-06-30.
What exchange does HTLD trade on?
HEARTLAND EXPRESS INC (HTLD) trades on the Nasdaq.
Where is HEARTLAND EXPRESS INC incorporated?
HEARTLAND EXPRESS INC is incorporated in NV.