Heartland Express, Inc. logo

Heartland Express, Inc.

HTLD

NASDAQIndustrialsTrucking

Previous close

$12.84

+$0.48 · +3.88%

Aug 21, 4:00 PM ET

HTLD company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

44

Fair Value

Momentum

62

Gaining

Sentiment

56

Mixed

Risk resilience

60

Moderate Risk

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Company profile

Company website

Heartland Express, Inc., operating with its subsidiaries, functions as a transportation company primarily focusing on short to medium-distance truckload freight across the United States and Canada. The firm's main services encompass extensive asset-based dry van truckload hauling, covering the entire contiguous U.S. from coast to coast, as well as specialized temperature-controlled logistics. These services are delivered under its prominent brand names, Heartland Express and Millis Transfer. Its customer base largely comprises retailers and manufacturers within the consumer goods, appliance, foodstuff, and automotive industries. The company was established in 1978 and is headquartered in North Liberty, Iowa.

Industry
Trucking
Sector
Industrials
Headquarters
US
CEO
Michael J. Gerdin
Listed since
Nov 5, 1986
Employees
3,630

Market position

Day range

Current $12.84

52-week range

Current $12.84

Open
$12.71
Previous close
$12.36
Volume
604.94K
0.93× average
Average volume
650.11K
Average daily volume
Market cap
994.97M USD
Beta
1.33
Market reference 1
50-day average
$14.0796
-8.80% below average
200-day average
$11.6312
+10.39% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
846.17M USD
P/E (TTM)
-45.5×
P/B (TTM)
1.31×
P/S (TTM)
1.35×
EV / EBITDA
8.25×
Earnings yield
-7.46%
Free cash flow yield
-9.51%
Dividend yield
0.62%

Profitability & efficiency

Gross margin
7.49%
Operating margin
-6.67%
Net margin
-2.98%
Return on equity
-6.94%
Return on assets
-4.40%
Return on invested capital
-4.38%

Financial health

Debt / equity
0.19×
Current ratio
1.04×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends24%12%1%-11%Gross margin, FY2021: 21.12%Gross margin, FY2022: 20.73%Gross margin, FY2023: 12.03%Gross margin, FY2024: 10.52%Gross margin, FY2025: 8.38%Operating margin, FY2021: 17.36%Operating margin, FY2022: 9.45%Operating margin, FY2023: 0.11%Operating margin, FY2024: -2.65%Operating margin, FY2025: -7.68%Net margin, FY2021: 13.05%Net margin, FY2022: 13.80%Net margin, FY2023: 1.22%Net margin, FY2024: -2.84%Net margin, FY2025: -6.51%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 21.12%. Gross margin FY2022 20.73%. Gross margin FY2023 12.03%. Gross margin FY2024 10.52%. Gross margin FY2025 8.38%. Operating margin FY2021 17.36%. Operating margin FY2022 9.45%. Operating margin FY2023 0.11%. Operating margin FY2024 -2.65%. Operating margin FY2025 -7.68%. Net margin FY2021 13.05%. Net margin FY2022 13.80%. Net margin FY2023 1.22%. Net margin FY2024 -2.84%. Net margin FY2025 -6.51%.

Income trends

Revenue

805.71M USD-23.08%

Operating income

−61.87M USD-122.99%

Net income

−52.45M USD-76.48%
Income trends across reported periods1.33B USD826.66M USD318.93M USD−188.8M USDRevenue, FY2021: 607.28M USDRevenue, FY2022: 968M USDRevenue, FY2023: 1.21B USDRevenue, FY2024: 1.05B USDRevenue, FY2025: 805.71M USDOperating income, FY2021: 105.41M USDOperating income, FY2022: 91.45M USDOperating income, FY2023: 1.3M USDOperating income, FY2024: −27.74M USDOperating income, FY2025: −61.87M USDNet income, FY2021: 79.28M USDNet income, FY2022: 133.58M USDNet income, FY2023: 14.78M USDNet income, FY2024: −29.72M USDNet income, FY2025: −52.45M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 607.28M USD. Revenue FY2022 968M USD. Revenue FY2023 1.21B USD. Revenue FY2024 1.05B USD. Revenue FY2025 805.71M USD. Operating income FY2021 105.41M USD. Operating income FY2022 91.45M USD. Operating income FY2023 1.3M USD. Operating income FY2024 −27.74M USD. Operating income FY2025 −61.87M USD. Net income FY2021 79.28M USD. Net income FY2022 133.58M USD. Net income FY2023 14.78M USD. Net income FY2024 −29.72M USD. Net income FY2025 −52.45M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue805.71M USD1.05B USD1.21B USD968M USD607.28M USD
Cost of goods sold738.17M USD937.35M USD1.06B USD767.31M USD479.05M USD
Gross profit67.54M USD110.16M USD145.28M USD200.69M USD128.24M USD
Selling, general, and administrative66.45M USD60.32M USD55.79M USD41.43M USD25.27M USD
Operating expenses129.41M USD137.9M USD143.98M USD109.24M USD22.83M USD
Interest income774K USD1.14M USD1.66M USD1.29M USD640K USD
Interest expense11.49M USD17.58M USD24.19M USD8.56M USD
Depreciation and amortization159.2M USD181.52M USD199.04M USD133.05M USD104.23M USD
Operating income−61.87M USD−27.74M USD1.3M USD91.45M USD105.41M USD
Net income−52.45M USD−29.72M USD14.78M USD133.58M USD79.28M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-0.67
FY2025
Latest fiscal-year revenue
805.71M USD
FY2025 · -23.08% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend1.930.980.04-0.91FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend1.27B1.03B787.34M547.27MFY21FY22FY23FY24FY25

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

22 ratings
Strong buy00%
Buy418%
Hold1464%
Sell418%
Strong sell00%

HTLD news

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