Heartland Express, Inc. logo HTLD - Heartland Express, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 4
HOLD 14
SELL 4
STRONG
SELL
0
| PRICE TARGET: $13.00 DETAILS
HIGH: $15.00
LOW: $12.00
MEDIAN: $12.00
CONSENSUS: $13.00
DOWNSIDE: 9.41%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 805.7 1,047.5 1,207.5 968.0 607.3 645.3 596.8 610.8 607.3 612.9 736.3 871.4 582.3 545.7 528.6 499.5 459.5 625.6 591.9 571.9 523.8 457.1 405.1 340.7 294.6 274.8 261.0 263.5 262.5 229.0 191.5 224.2 116
Cost of Revenue 738.2 937.4 1,062.2 767.3 479.0 497.8 474.7 484.8 504.6 478.7 621.1 736.3 480.5 449.0 437.3 404.0 383.7 516.7 470.4 445.6 407.5 345.6 196.0 214.8 204.7 215.9 230.9 248.4 258.6 236.7 171.4 149.8 14.7
Gross Profit 67.5 110.2 145.3 200.7 128.2 147.5 122.1 126.0 102.8 134.2 115.2 135.0 101.7 96.7 91.3 95.6 75.9 108.9 121.5 126.4 116.3 111.5 209.1 125.9 89.9 58.9 30.1 15.1 3.9 (7.7) 20.1 74.4 101.3
Operating Expenses
R&D Expenses 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
SG&A Expenses 66.4 60.3 55.8 41.4 25.3 27.5 22.0 23.3 24.6 28.9 24.7 20.6 15.8 17.9 16.1 15.7 202.0 242.8 235.7 21.1 221.8 210.8 193.5 183.3 161.2 155.7 156.3 158.9 161.1 144.2 112.7 27.3 68.2
Other Expenses 63.0 77.6 88.2 67.8 (2.4) 26.5 5.9 12.9 14.6 19.7 10.2 151.4 6.9 (0.9) 0.8 1.7 (185.3) (222.3) (214.4) 0 (201.5) (192.7) 176.5 159.5 146.7 148.0 150.3 158.6 159.4 141.9 111.7 20.1 5.6
Operating Expenses 129.4 137.9 144.0 109.2 22.8 54.0 27.9 36.2 39.2 48.7 34.9 37.8 22.7 16.9 16.9 17.4 16.6 20.5 21.2 21.1 20.3 18.1 370.0 342.9 307.9 303.8 306.6 317.5 320.5 286.1 224.4 47.4 73.8
Operating Income
Operating Income (61.9) (27.7) 1.3 91.5 105.4 93.4 94.3 89.8 63.5 85.6 81.5 98.3 79.0 79.8 74.4 78.1 59.3 88.4 100.3 105.3 96.1 93.4 (160.9) (216.9) (218.0) (244.8) (276.5) (302.5) (316.6) (293.8) (204.3) 27 27.5
Interest Expense 11.5 17.6 24.2 8.6 0 0 1.1 0 0.2 0 0.0 0.4 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0.8 1.1 1.7 1.3 0.6 0.8 4.0 2.1 1.1 0.5 0.2 0.2 0.5 0.7 0.8 1.4 2.3 9.1 10.3 11.7 7.4 3.1 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 102.6 162.4 243.1 322.7 210.3 204.6 199.2 193.2 168.6 191.6 228.6 241.7 181.7 153.4 165.2 154.8 140.0 153.2 169.2 182.5 149.7 126.3 (134.0) (196.6) (200.2) (227.6) (259.2) (283.2) 72.7 (279.8) (188.3) 47.1 35.4
EBIT (56.6) (19.1) 44.0 189.6 106.0 94.3 98.2 91.9 64.7 86.0 116.8 132.1 112.8 95.6 107.3 92.9 81.3 107.1 120.7 135.1 111.5 96.6 85.1 62.0 52.6 (244.8) (276.5) 46.0 55.2 36.9 (204.3) 27 27.5
Income Before Tax (68.1) (36.7) 19.9 181.1 106.0 94.3 97.2 91.9 64.5 86.0 116.8 131.6 112.6 95.6 107.3 92.9 81.3 107.1 120.7 135.1 111.5 96.6 87.1 64.9 57.1 52.0 50.7 50.9 47.0 39.7 32.7 21.8 22
Income Tax Expense (15.7) (7.0) 5.1 47.5 26.8 23.5 24.2 19.2 (10.7) 29.7 43.7 46.8 42.0 34.0 37.4 30.7 24.4 37.1 44.6 48.0 39.6 34.2 29.9 22.1 19.4 17.7 17.5 17.8 16.9 14.7 12.1 11.7 8
Net Income (52.5) (29.7) 14.8 133.6 79.3 70.8 73.0 72.7 75.2 56.4 73.1 84.8 70.6 61.5 69.9 62.2 56.9 70.0 76.2 87.2 71.9 62.4 57.2 42.8 37.7 34.3 33.1 33.1 30.1 25.0 20.6 10.1 14.7
Per Share Data
EPS (Basic) -0.67 -0.38 0.19 1.69 1.00 0.87 0.89 0.88 0.90 0.68 0.84 0.97 0.83 0.72 0.78 0.69 0.62 0.73 0.78 0.89 0.73 0.62 0.57 0.43 0.38 0.34 0.29 0.28 0.25 0.21 0.18 0.09 0.10
EPS (Diluted) -0.67 -0.38 0.19 1.69 1.00 0.87 0.89 0.88 0.90 0.68 0.84 0.96 0.83 0.71 0.78 0.69 0.62 0.73 0.78 0.89 0.73 0.62 0.57 0.43 0.38 0.34 0.29 0.28 0.25 0.21 0.17 0.09 0.10
Shares Outstanding 77.9 78.7 79.0 78.9 79.6 81.4 82.0 82.4 83.3 83.3 87.0 87.7 85.2 85.9 89.7 90.7 91.1 95.9 97.7 98.4 99.1 100.0 100 100 100.0 100.7 115.7 118.3 118.4 118.3 117.4 116.9 113.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 18.5 12.8 28.1 50.2 157.7 114.9 76.7 161.4 75.4 128.5 52.4 56.7 1.6 127.9 109.4 120.8 128.0 126.2 143.4 76.2 59.6 46.2 10.2 8
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 7.1 0.2 256.7 74.5 44.5 40.3 0 0.5 0 19.8 31.5 4.5 0 0
Net Receivables 75.3 93.7 112.9 143.0 56.9 55.6 57.1 49.1 70.7 51.6 42.0 36.8 37.1 36.8 33.0 25.7 25.0 23.5 21.4 25.9 15.7 18.0 17.4 9.1
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 23.8 25.9 21.4 20.6 17.6 17.1 17.5 14.3 13.7 2.2 1.8
Other Current Assets 20.8 12.3 17.3 25.3 8.5 14.3 7.4 9.4 5.9 4.5 16.4 35.6 25.1 22.0 21.8 17.5 17.2 16.3 16.4 34.3 13.5 11.9 14.6 24.6
Total Current Assets 114.6 129.4 169.3 229.8 233.2 193.0 151.8 232.5 170.8 202.1 124.5 138.6 323.3 263.8 213.4 208.4 173.9 168.2 182.3 138.0 121.4 82.9 44.4 43.5
Non-Current Assets
Property, Plant & Equipment 668.9 772.3 902.8 994.2 487.9 539.3 526.3 403.1 442.9 407.6 275.2 237.7 184.7 175.7 151.4 102.1 89.1 72.9 68.6 216.3 68.4 73.7 90.8 51.4
Goodwill 322.6 322.6 322.6 320.7 168.3 168.3 168.3 132.4 135.2 100.2 4.8 4.8 4.8 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 69.5 93.5 98.5 103.7 22.4 24.7 27.1 14.5 14.2 12.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 12.7 13.2 12.7 14.3 15.1 16.2 17.8 18.4 22.8 12.4 146.7 171.1 0.7 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 3.3 2.2 2.2 5.6 1.7 1.5 1.6 0.8 1.5 (0.0) 0 5.5 3.6 8.9 8.3 3.8 5.0 5.4 6.0 (128.8) 1.7 1.6 1.2 0
Total Non-Current Assets 1,077.0 1,204.7 1,340.4 1,439.7 695.3 758.2 747.1 573.7 618.3 536.1 426.6 419.1 193.8 184.6 159.7 105.9 94.1 78.3 74.6 87.5 70.1 75.2 92 51.4
Total Assets 1,191.6 1,334.2 1,509.6 1,669.5 928.5 951.2 898.9 806.2 789.1 738.2 551.2 557.7 517.0 448.4 373.1 314.2 268.1 246.5 256.8 225.5 191.5 158.1 136.4 94.9
Current Liabilities
Account Payables 33.5 35.4 37.8 62.7 20.5 12.8 11.1 10.6 14.4 12.4 7.0 10.3 9.7 15.7 8.6 7.1 6.7 10.6 7.6 8.9 11.4 7.4 5.7 1.2
Short-Term Debt 5.7 15.2 18.6 25.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.7 0.5 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 31.7 0 0
Other Current Liabilities 0 42.0 38.6 37.1 29.6 34.4 27.6 31.6 34.2 29.9 26.3 78.0 52.0 5.9 4.5 3.9 3.3 2.4 3.1 4.2 0 2.3 35.4 16.7
Total Current Liabilities 110.2 119.6 123.5 156.8 71.6 71.0 63.4 64.7 75.3 65.5 47.1 104.7 80.8 77.1 67.1 60.5 55.4 56.5 54.3 55.8 51.6 42.1 41.6 17.9
Non-Current Liabilities
Long-Term Debt 154.1 187.9 279.7 380.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.7 0
Deferred Tax Liabilities 133.6 158.4 189.1 207.5 90.0 104.0 93.7 71.0 65.5 94.7 82.5 57.7 46.9 39.8 30.1 21.0 17.5 15.1 15.7 15.9 16.3 17.4 16 10
Other Non-Current Liabilities 38.1 40.2 32.9 41.7 39.9 51.8 57.2 54.5 73.7 72.2 85.2 35.3 0 (1.2) (1.7) 0 0 0 0 0 0 0 0 (0.1)
Total Non-Current Liabilities 326.1 392.0 520.9 657.3 129.8 155.8 150.9 125.6 139.2 166.9 136.4 93.0 46.9 38.6 28.4 21.0 17.5 15.1 15.7 15.9 16.3 17.4 16.7 9.9
Total Liabilities 436.3 511.6 644.4 814.0 201.4 226.8 214.3 190.2 214.5 232.4 183.5 197.7 127.7 115.7 95.5 81.4 72.9 71.7 70.0 71.7 67.8 59.5 58.3 27.8
Stockholders' Equity
Common Stock 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.8 0.5 0.5 0.5 0.3 0.3 0.3 0.3 3 2 0 0
Retained Earnings 965.4 1,024.1 1,060.1 1,051.6 924.4 891.0 826.7 760.3 694.2 625.7 371.6 367.3 380.9 323.7 268.5 225.7 188.3 168.0 179.9 146.8 116.8 91.0 71.1 63
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 (5.3) (8.6) (0.8) (1.2) (1.7) (47.5) (56.3) (66.5) (60.6) (54.3) (41.7) (36.5) (42.8) (14.8)
Total Stockholders' Equity 755.3 822.6 865.3 855.5 727.1 724.3 684.7 616.0 574.6 505.8 367.7 360.0 390.2 332.7 277.6 232.8 195.1 174.8 186.8 153.7 123.7 98.6 78.1 67.1
Total Liabilities & Equity 1,191.6 1,334.2 1,509.6 1,669.5 928.5 951.2 898.9 806.2 789.1 738.2 551.2 557.7 517.0 448.4 373.1 314.2 268.1 246.5 256.8 225.5 191.5 158.1 136.4 94.9
Debt Metrics
Total Debt 161.4 208.6 317.4 434.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.7 1.2 0
Net Debt 142.9 195.8 289.3 384.5 (157.7) (114.9) (76.7) (161.4) (75.4) (128.5) (52.4) (56.7) (1.6) (127.9) (109.4) (120.8) (128.0) (126.2) (143.4) (76.2) (59.6) (45.5) (9) (8)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income (52.5) (29.7) 14.8 133.6 79.3 70.8 73.0 72.7 75.2 56.4 71.9 62.4 57.2 42.8 37.7 34.3 33.1 33.1 30.1 25.0 20.6 10.1 14
Depreciation & Amortization 159.2 181.5 199.0 133.0 104.2 110.4 100.9 101.3 103.9 105.6 38.2 30.0 26.9 20.4 17.8 17.2 17.3 19.2 17.5 14.0 15.9 (20.1) (8.7)
Stock-Based Compensation 0 1.0 1.6 1.4 1.1 2.1 2.1 0.5 0.5 0.9 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 9.8 28.2 7.9 20.8 (17.9) 2.3 (3.0) (5.8) (16.3) 6.7 5.1 7.7 3.5 (0.7) 2.8 (1.6) (3.4) 1.1 2.4 12.3 (1.6) 12.8 1.9
Other Non-Cash Items (2.1) (6.5) (40.0) (96.5) (37.4) (14.8) (31.3) (25.0) (26.7) (9.2) (7.7) (0.2) 0 0.3 0.0 (1.5) (0.9) (0.3) (0.1) (0.2) 2.3 40.1 17.5
Operating Cash Flow 89.3 144.3 165.3 194.7 123.4 178.8 146.4 146.5 109.5 155.8 104.9 103.5 97.1 67.9 61.3 49.9 45.6 52.7 46.8 48.3 38.1 42.6 25.4
Investing Activities
Capital Expenditure (156.2) (109.5) (208.6) (160.6) (132.6) (204.3) (163.8) (169.3) (184.1) (86.1) (49.2) (43.9) (47.1) (58.5) (29.1) (36.3) (18.6) (5.5) (22.4) (7.5) (0.4) (3.7) (15.9)
Acquisitions 129.9 0 0 (675.9) 130.2 0 (61.9) 130.8 (86.7) 57.3 0 0 0 (26.7) 0 0 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 (13.9) 0 (25.5) (92.9) (10.4) (4.2) (40.3) 0 (0.5) 0 0 (26.9) (1.7) 0 (14.1)
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 10.2 0 0.5 0 19.8 11.7 0 0 15.6 5.7
Other Investing Activities 0.3 63.0 140.7 173.2 0 93.3 92.9 131.5 138.3 46.9 1.9 0.8 (0.5) (0.1) 0.9 1.7 1.4 0.2 (0.9) 0.3 0.6 2.4 0.8
Investing Cash Flow (26) (46.5) (67.9) (663.3) (2.6) (111.0) (132.8) (37.8) (132.5) (39.2) (72.8) (136.0) (57.9) (79.3) (68.5) (34.1) (17.7) 14.5 (11.6) (34.2) (1.5) 14.3 (23.5)
Financing Activities
Net Debt Issuance (41.1) (100.3) (114.1) 365.9 0 0 (93.3) 0 (23.3) 0 0 0 0 0 0 0 0 0 (18.5) (0.7) (0.5) (56.1) 0
Stock Repurchased (10.4) (7.3) (0.3) (0.3) (32.0) (25.7) (0.5) (25.1) (0.2) (14.7) (22.4) 0 0 0 0 (14.0) (45.1) 0 0 0 0 0 0
Dividends Paid (6.2) (4.7) (6.3) (6.3) (45.9) (6.5) (6.6) (6.6) (6.7) (6.7) (6.0) (4.5) (1.0) 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (0.4) (0.4) 0 0 (0.2) (0.6) 0 (0.2) 0 0 0 0 0 0 0 0 0 0 (0.0) 0 0 0 0
Financing Cash Flow (58.2) (112.7) (120.7) 359.3 (78.1) (32.7) (100.4) (31.9) (30.2) (21.3) (28.4) (4.5) (1.0) 0 0 (14.0) (45.1) 0 (18.5) (0.7) (0.5) (56.1) 0
Cash Position
Net Change in Cash 5.2 (14.9) (23.3) (109.3) 42.6 35.1 (86.9) 76.8 (53.1) 95.3 3.8 (37.0) 38.2 (11.4) (7.2) 1.8 (17.2) 67.2 16.6 13.4 36.2 (56.1) 1.9
Cash at Beginning 26.3 41.2 64.5 173.8 131.1 96.1 182.9 106.1 128.5 33.2 1.6 38.6 89.7 120.8 128.0 126.2 143.4 76.2 59.6 46.2 10.0 9.4 6.1
Cash at End 31.4 26.3 41.2 64.5 173.8 131.1 96.1 182.9 75.4 128.5 5.4 1.6 127.9 109.4 120.8 128.0 126.2 143.4 76.2 59.6 46.2 (46.7) 8
Free Cash Flow (66.9) 34.8 (43.3) 34.1 (9.2) (25.5) (17.4) (22.7) (74.6) 69.7 55.8 59.6 50.0 9.4 32.1 13.6 27.0 47.2 24.4 40.8 37.7 38.9 9.5
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 805.7 1,047.5 1,207.5 968.0 607.3 645.3 596.8 610.8 607.3 612.9 736.3 871.4 582.3 545.7 528.6 499.5 459.5 625.6 591.9 571.9 523.8 457.1 405.1 340.7 294.6 274.8 261.0 263.5 262.5 229.0 191.5 224.2 116
Gross Profit 67.5 110.2 145.3 200.7 128.2 147.5 122.1 126.0 102.8 134.2 115.2 135.0 101.7 96.7 91.3 95.6 75.9 108.9 121.5 126.4 116.3 111.5 209.1 125.9 89.9 58.9 30.1 15.1 3.9 (7.7) 20.1 74.4 101.3
Operating Income (61.9) (27.7) 1.3 91.5 105.4 93.4 94.3 89.8 63.5 85.6 81.5 98.3 79.0 79.8 74.4 78.1 59.3 88.4 100.3 105.3 96.1 93.4 (160.9) (216.9) (218.0) (244.8) (276.5) (302.5) (316.6) (293.8) (204.3) 27 27.5
Net Income (52.5) (29.7) 14.8 133.6 79.3 70.8 73.0 72.7 75.2 56.4 73.1 84.8 70.6 61.5 69.9 62.2 56.9 70.0 76.2 87.2 71.9 62.4 57.2 42.8 37.7 34.3 33.1 33.1 30.1 25.0 20.6 10.1 14.7
EPS (Diluted) -0.67 -0.38 0.19 1.69 1.00 0.87 0.89 0.88 0.90 0.68 0.84 0.96 0.83 0.71 0.78 0.69 0.62 0.73 0.78 0.89 0.73 0.62 0.57 0.43 0.38 0.34 0.29 0.28 0.25 0.21 0.17 0.09 0.10
Balance Sheet
Cash & Equivalents 18.5 12.8 28.1 50.2 157.7 114.9 76.7 161.4 75.4 128.5 52.4 56.7 1.6 127.9 109.4 120.8 128.0 126.2 143.4 76.2 59.6 46.2 10.2 8
Total Assets 1,191.6 1,334.2 1,509.6 1,669.5 928.5 951.2 898.9 806.2 789.1 738.2 551.2 557.7 517.0 448.4 373.1 314.2 268.1 246.5 256.8 225.5 191.5 158.1 136.4 94.9
Total Debt 161.4 208.6 317.4 434.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.7 1.2 0
Stockholders' Equity 755.3 822.6 865.3 855.5 727.1 724.3 684.7 616.0 574.6 505.8 367.7 360.0 390.2 332.7 277.6 232.8 195.1 174.8 186.8 153.7 123.7 98.6 78.1 67.1
Cash Flow
Operating Cash Flow 89.3 144.3 165.3 194.7 123.4 178.8 146.4 146.5 109.5 155.8 104.9 103.5 97.1 67.9 61.3 49.9 45.6 52.7 46.8 48.3 38.1 42.6 25.4
Capital Expenditure (156.2) (109.5) (208.6) (160.6) (132.6) (204.3) (163.8) (169.3) (184.1) (86.1) (49.2) (43.9) (47.1) (58.5) (29.1) (36.3) (18.6) (5.5) (22.4) (7.5) (0.4) (3.7) (15.9)
Free Cash Flow (66.9) 34.8 (43.3) 34.1 (9.2) (25.5) (17.4) (22.7) (74.6) 69.7 55.8 59.6 50.0 9.4 32.1 13.6 27.0 47.2 24.4 40.8 37.7 38.9 9.5