HTLD
Heartland Express Inc
NASDAQ: HTLD · INDUSTRIALS · TRUCKING
$13.38
+0.98% today
Updated 2026-04-30
Market cap
$1.03B
P/E ratio
—
P/S ratio
1.35x
EPS (TTM)
$-0.67
Dividend yield
0.61%
52W range
$7 – $13
Volume
0.4M
Heartland Express Inc (HTLD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $571.92M | $591.89M | $625.60M | $459.54M | $499.52M | $528.62M | $545.75M | $582.26M | $871.36M | $736.35M | $612.94M | $607.34M | $610.80M | $596.82M | $645.26M | $607.28M | $968.00M | $1.21B | $1.05B | $805.71M |
| Revenue growth (YoY) | — | +3.5% | +5.7% | -26.5% | +8.7% | +5.8% | +3.2% | +6.7% | +49.7% | -15.5% | -16.8% | -0.9% | +0.6% | -2.3% | +8.1% | -5.9% | +59.4% | +24.7% | -13.2% | -23.1% |
| Cost of revenue | $445.57M | $470.37M | $516.71M | $383.66M | $403.96M | $437.34M | $449.03M | $480.52M | $736.33M | $621.11M | $518.70M | $540.02M | $518.39M | $503.35M | $534.99M | $513.47M | $818.13M | $1.13B | $1.01B | $813.36M |
| Gross profit | $126.35M | $121.52M | $108.89M | $75.88M | $95.56M | $91.28M | $96.72M | $101.74M | $135.02M | $115.24M | $94.23M | $67.32M | $92.42M | $93.47M | $110.27M | $93.82M | $149.87M | $78.20M | $38.88M | $-7.65M |
| Gross margin | 22.1% | 20.5% | 17.4% | 16.5% | 19.1% | 17.3% | 17.7% | 17.5% | 15.5% | 15.7% | 15.4% | 11.1% | 15.1% | 15.7% | 17.1% | 15.4% | 15.5% | 6.5% | 3.7% | -0.9% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — | — |
| SG&A | $230.19M | $217.72M | $222.30M | $201.97M | $197.93M | $194.41M | $17.86M | $14.89M | $17.95M | $21.62M | $24.45M | $18.85M | $17.23M | $17.00M | $27.51M | $25.27M | $34.44M | $45.28M | $60.32M | $66.45M |
| Operating income | $105.27M | $100.29M | $88.39M | $59.26M | $78.13M | $74.42M | $79.79M | $79.03M | $98.32M | $81.54M | $76.36M | $37.77M | $64.82M | $62.93M | $78.59M | $67.97M | $91.45M | $1.30M | $-27.74M | $-61.87M |
| Operating margin | 18.4% | 16.9% | 14.1% | 12.9% | 15.6% | 14.1% | 14.6% | 13.6% | 11.3% | 11.1% | 12.5% | 6.2% | 10.6% | 10.5% | 12.2% | 11.2% | 9.4% | 0.1% | -2.6% | -7.7% |
| EBITDA | $182.52M | $169.22M | $153.19M | $140.03M | $154.82M | $165.21M | $153.40M | $181.67M | $241.69M | $228.64M | $191.63M | $168.36M | $192.44M | $198.44M | $204.20M | $210.13M | $322.69M | $243.08M | $162.43M | $102.56M |
| EBITDA margin | 31.9% | 28.6% | 24.5% | 30.5% | 31.0% | 31.3% | 28.1% | 31.2% | 27.7% | 31.1% | 31.3% | 27.7% | 31.5% | 33.3% | 31.6% | 34.6% | 33.3% | 20.1% | 15.5% | 12.7% |
| EBIT | $135.15M | $120.73M | $107.08M | $81.30M | $92.87M | $107.33M | $95.58M | $112.76M | $132.06M | $116.79M | $86.05M | $64.67M | $91.92M | $98.23M | $94.26M | $106.05M | $189.65M | $44.04M | $-19.09M | $-56.64M |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $208000.00 | $446000.00 | $19000.00 | $0.00 | $175000.00 | $175000.00 | $1.05M | $125.21M | $179.75M | $8.55M | $24.19M | $17.58M | $11.49M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $87.17M | $76.17M | $69.97M | $56.95M | $62.22M | $69.93M | $61.54M | $70.58M | $84.83M | $73.06M | $56.39M | $75.17M | $72.68M | $72.97M | $70.81M | $79.28M | $133.58M | $14.78M | $-29.72M | $-52.45M |
| Net income growth (YoY) | — | -12.6% | -8.1% | -18.6% | +9.2% | +12.4% | -12.0% | +14.7% | +20.2% | -13.9% | -22.8% | +33.3% | -3.3% | +0.4% | -3.0% | +12.0% | +68.5% | -88.9% | -301.2% | -76.5% |
| Profit margin | 15.2% | 12.9% | 11.2% | 12.4% | 12.5% | 13.2% | 11.3% | 12.1% | 9.7% | 9.9% | 9.2% | 12.4% | 11.9% | 12.2% | 11.0% | 13.1% | 13.8% | 1.2% | -2.8% | -6.5% |