HTLD - NASDAQ

Heartland Express, Inc.

HTLD·NASDAQ

$15.18

-2.2%

IndustrialsTrucking

Heartland Express, Inc., together with its subsidiaries, operates as a short-to-medium haul truckload carrier in the United States and Canada. It primarily provides nationwide asset-based dry van truckload service for shippers from Washington to Florida and New England to California; and temperature-controlled truckload services. The company offers its services under the Heartland Express and Millis Transfer brand names. It primarily serves retailers and manufacturers in consumer goods, appliances, food products, and automotive industries. The company was founded in 1978 and is headquartered in North Liberty, Iowa.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.18B

EPS-0.6700

P/E Ratio-22.66

Earnings Date07/23/2026

805.71M

Revenue

-23%

3Y-17.0%

5Y+25.0%

10Y+31.0%

-52.45M

Net Income

76%

3Y-139.0%

5Y-174.0%

10Y-193.0%

89.31M

Operating Cash Flow

-38%

3Y-54.0%

5Y-50.0%

10Y-43.0%

Heartland Express, Inc. Profit Bridge

HTLD · NASDAQ

Revenue & Cost of Sales

Revenue805.71M

Cost of Goods Sold (813.36M)

Gross Profit-7.65M

Operating Expenses

Operating Expenses (54.21M)

Operating Income-61.87M

Other Income & Taxes

Interest Expense (11.49M)

Other Income/Expense-6.26M

Pretax Income-68.13M

Income Tax (-15.68M)

Net Income-52.45M

Net Income

-52.45M

Profitability Analysis

Gross Margin

-0.9%

Negative gross margin indicates the company is losing money on each sale—unsustainable long-term.

Operating Margin

-7.7%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-6.5%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Critical situation: Negative gross margins indicate fundamental business model issues. The company loses money on every sale—immediate strategic changes required.

Heartland Express, Inc. Income Statement

HTLD • NASDAQ

Heartland Express, Inc. Income Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
REVENUE
Revenue	805.7M	1B	1.2B	968M	607.3M	645.3M	596.8M	610.8M	607.3M	612.9M	736.3M	871.4M	582.3M	545.7M	528.6M	499.5M	459.5M	625.6M	591.9M	571.9M
GROSS PROFIT
Cost of Revenue	(813.4M)	(1B)	(1.1B)	(818.1M)	(513.5M)	(535M)	(503.3M)	(518.4M)	(540M)	(518.7M)	(621.1M)	(736.3M)	(480.5M)	(449M)	(437.3M)	(404M)	(383.7M)	(516.7M)	(470.4M)	(445.6M)
Gross Profit	-7.7M	38.9M	78.2M	149.9M	93.8M	110.3M	93.5M	92.4M	67.3M	94.2M	115.2M	135M	101.7M	96.7M	91.3M	95.6M	75.9M	108.9M	121.5M	126.4M
OPERATING INCOME
Operating Expenses	(54.2M)	(66.6M)	(76.9M)	(58.4M)	(25.8M)	(31.7M)	(30.5M)	(27.6M)	(29.5M)	(17.9M)	(34.9M)	(37.8M)	(22.7M)	(16.9M)	(16.9M)	(17.4M)	(16.6M)	(20.5M)	(21.2M)	(21.1M)
Selling, General & Administrative	(66.4M)	(55.2M)	(50.6M)	(39.2M)	(23M)	(24M)	(18.9M)	(19M)	(20.9M)	(26.5M)	(24.7M)	(20.6M)	(15.8M)	(17.9M)	(16.1M)	(15.7M)	(202M)	(242.8M)	(235.7M)	(21.1M)
Operating Income	-61.9M	-27.7M	1.3M	91.5M	68M	78.6M	62.9M	64.8M	37.8M	76.4M	81.5M	98.3M	79M	79.8M	74.4M	78.1M	59.3M	88.4M	100.3M	105.3M
PRE-TAX INCOME
Interest Expense	(11.5M)	(17.6M)	(24.2M)	(8.6M)	(0.0)	(0.0)	(1.1M)	(0.0)	(175K)	(0.0)	(19K)	(446K)	(208K)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Net Interest Income	-10.7M	-16.4M	-22.5M	-7.3M	640K	842K	2.9M	2.1M	954K	481K	191K	-251K	254K	674K	773K	1.4M	2.3M	9.1M	10.3M	11.7M
Other Expenses	-12.2M	(11.5M)	(26.3M)	(19.2M)	(2.8M)	(7.7M)	(11.6M)	(8.6M)	(8.7M)	-8.7M	(10.2M)	(151.4M)	(6.9M)	-936K	(760K)	(1.7M)	-185.3M	-222.3M	-214.4M	(0.0)
Total Other Income Expenses Net	-6.3M	-8.9M	18.6M	89.6M	38.1M	15.7M	34.2M	27.1M	26.7M	9.7M	35.2M	33.3M	33.5M	15.8M	32.9M	14.7M	22M	18.7M	20.4M	29.9M
Income Before Tax	-68.1M	-36.7M	19.9M	181.1M	106M	94.3M	97.2M	91.9M	64.5M	86M	116.8M	131.6M	112.6M	95.6M	107.3M	92.9M	81.3M	107.1M	120.7M	135.1M
NET INCOME
Income Tax Expense	-15.7M	-7M	(5.1M)	(47.5M)	(26.8M)	(23.5M)	(24.2M)	(19.2M)	-10.7M	(29.7M)	(43.7M)	(46.8M)	(42M)	(34M)	(37.4M)	(30.7M)	(24.4M)	(37.1M)	(44.6M)	(48M)
Net Income	-52.5M	-29.7M	14.8M	133.6M	79.3M	70.8M	73M	72.7M	75.2M	56.4M	73.1M	84.8M	70.6M	61.5M	69.9M	62.2M	56.9M	70M	76.2M	87.2M

SEC Filings

HTLD - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 19, 2026	May 14, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 15, 2026	May 14, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 11, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 27, 2026	April 23, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 22, 2026	April 16, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 02, 2026	April 02, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 31, 2026	March 25, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 18, 2026	March 13, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 03, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 09, 2026	February 03, 2026	2026	View Filing

Showing 1 to 10 of 456 filings

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