Heartland Financial Statements From 2010 to 2025

HTLD Stock  USD 11.40  0.07  0.61%   
Heartland Express financial statements provide useful quarterly and yearly information to potential Heartland Express investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Heartland Express financial statements helps investors assess Heartland Express' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Heartland Express' valuation are summarized below:
Gross Profit
284.4 M
Profit Margin
(0.02)
Market Capitalization
900.4 M
Enterprise Value Revenue
1.0053
Revenue
1.1 B
There are over one hundred nineteen available fundamental trends for Heartland Express, which can be analyzed over time and compared to other ratios. Investors should ensure to confirm all of Heartland Express' regular performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 1.4 B. The current year's Enterprise Value is expected to grow to about 1.4 B

Heartland Express Total Revenue

1.46 Billion

Check Heartland Express financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heartland Express' main balance sheet or income statement drivers, such as Depreciation And Amortization of 240.3 M, Interest Expense of 29.2 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.02, Dividend Yield of 0.0061 or PTB Ratio of 1.42. Heartland financial statements analysis is a perfect complement when working with Heartland Express Valuation or Volatility modules.
  
Check out the analysis of Heartland Express Correlation against competitors.
For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.

Heartland Express Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.8 B1.7 B942.2 M
Slightly volatile
Short and Long Term Debt Total383.3 M365.1 M148.2 M
Slightly volatile
Other Current Liabilities48.6 M70 M51.9 M
Slightly volatile
Total Current Liabilities149.1 M142 M81.2 M
Slightly volatile
Total Stockholder EquityB995 M598.4 M
Slightly volatile
Property Plant And Equipment Net1.1 BB546 M
Slightly volatile
Retained Earnings1.3 B1.2 B726.4 M
Slightly volatile
Cash30.7 M32.3 M73.9 M
Very volatile
Non Current Assets Total1.6 B1.5 B766 M
Slightly volatile
Cash And Short Term Investments30.7 M32.3 M73.9 M
Very volatile
Net Receivables136.3 M129.8 M75.8 M
Slightly volatile
Common Stock Shares Outstanding81.3 M71.2 M85.6 M
Slightly volatile
Liabilities And Stockholders Equity1.8 B1.7 B942.2 M
Slightly volatile
Non Current Liabilities Total629 M599 M262.6 M
Slightly volatile
Other Current Assets34.1 M32.5 M15.5 M
Slightly volatile
Total Liabilities778.1 M741 M343.8 M
Slightly volatile
Property Plant And Equipment Gross1.6 B1.5 B669.1 M
Slightly volatile
Total Current Assets169 M194.7 M174 M
Slightly volatile
Short Term Debt11.4 M21.3 M13 M
Very volatile
Accounts Payable45.6 M43.4 M23.1 M
Slightly volatile
Intangible Assets119 M113.3 M37.9 M
Slightly volatile
Inventory362.7 K381.8 K12.2 M
Slightly volatile
Common Stock Total Equity705.7 K816.3 K957.1 K
Slightly volatile
Common Stock706.4 K816.3 K957.1 K
Slightly volatile
Other Assets12.7 M24.3 M17.1 M
Slightly volatile
Property Plant Equipment1.2 B1.1 B564.5 M
Slightly volatile
Good Will389.5 M371 M162 M
Slightly volatile
Other Liabilities301 M286.6 M159 M
Slightly volatile
Net Tangible Assets441.9 M495.8 M412 M
Slightly volatile
Retained Earnings Total Equity710.3 M1.2 B710.4 M
Slightly volatile
Capital Surpluse3.8 M4.8 M3.6 M
Slightly volatile
Deferred Long Term Liabilities250.6 M238.6 M115.5 M
Slightly volatile
Long Term Investments17.1 M18 M25.4 M
Slightly volatile
Non Current Liabilities Other56.8 M45.6 M67.2 M
Slightly volatile
Long Term Debt Total481.9 M458.9 M322.3 M
Slightly volatile
Short and Long Term Debt12.8 M8.4 M16.6 M
Slightly volatile
Net Invested Capital905.2 M1.3 B751.8 M
Slightly volatile
Net Working Capital39.2 M41.2 M93.9 M
Slightly volatile
Capital Stock725.6 K816.3 K890 K
Slightly volatile

Heartland Express Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization240.3 M228.9 M114.7 M
Slightly volatile
Total Revenue1.5 B1.4 B749.1 M
Slightly volatile
Gross Profit148.8 M167.1 M149.6 M
Pretty Stable
Other Operating Expenses1.4 B1.3 B676.1 M
Slightly volatile
EBITDA293.5 M279.5 M137.3 M
Slightly volatile
Cost Of Revenue1.3 B1.2 B597.9 M
Slightly volatile
Total Operating Expenses194.5 M118.3 M82.7 M
Slightly volatile
Income Before Tax21.7 M22.8 M84.6 M
Pretty Stable
Net Income16.1 M17 M60.7 M
Very volatile
Selling General Administrative38.7 M40.8 M44.6 M
Slightly volatile
Net Income Applicable To Common Shares161.3 M153.6 M87.7 M
Slightly volatile
Net Income From Continuing Ops27.5 M28.9 M66.5 M
Pretty Stable
Non Operating Income Net Other1.2 M1.5 M1.1 M
Slightly volatile
Selling And Marketing Expenses6.4 M6.1 M2.8 M
Slightly volatile
Interest Income1.5 MMM
Slightly volatile
Reconciled Depreciation133.9 M228.3 M121.4 M
Slightly volatile
Extraordinary Items26.2 M29.5 M32.2 M
Slightly volatile

Heartland Express Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based CompensationM1.9 M1.3 M
Slightly volatile
Begin Period Cash Flow73.3 M74.1 M92.5 M
Pretty Stable
Capital Expenditures251.9 M239.9 M160.1 M
Slightly volatile
Total Cash From Operating Activities104 M190.1 M137.4 M
Slightly volatile
Net Income16.1 M17 M60.9 M
Very volatile
End Period Cash Flow75.2 M47.4 M84.2 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.021.072.1899
Slightly volatile
Dividend Yield0.00610.00650.0114
Pretty Stable
PTB Ratio1.421.52.7971
Slightly volatile
Days Sales Outstanding26.1830.7135.7579
Pretty Stable
Book Value Per Share10.359.867.2221
Slightly volatile
Operating Cash Flow Per Share1.981.881.7363
Slightly volatile
Average Payables8.5 M7.1 M10.1 M
Slightly volatile
Stock Based Compensation To Revenue0.00150.00120.0017
Very volatile
Capex To Depreciation0.590.941.4517
Slightly volatile
PB Ratio1.421.52.7971
Slightly volatile
EV To Sales1.861.062.1754
Slightly volatile
Inventory Turnover47.3745.1139.1707
Slightly volatile
Net Income Per Share0.160.170.7615
Pretty Stable
Days Of Inventory On Hand7.968.3715.1204
Slightly volatile
Payables Turnover23.3125.3137.6434
Slightly volatile
Sales General And Administrative To Revenue0.0410.04310.0843
Slightly volatile
Average Inventory13.9 M15.6 M17 M
Slightly volatile
Capex To Revenue0.120.160.2153
Pretty Stable
Cash Per Share0.30.320.9202
Pretty Stable
POCF Ratio13.427.8411.0992
Slightly volatile
Payout Ratio0.430.490.2783
Very volatile
Capex To Operating Cash Flow0.581.141.0492
Very volatile
Days Payables Outstanding17.3314.9313.4215
Pretty Stable
Income Quality10.5710.073.5423
Slightly volatile
ROE0.01870.01960.123
Slightly volatile
EV To Operating Cash Flow12.649.8510.9231
Slightly volatile
PE Ratio72.0668.6330.9762
Slightly volatile
Return On Tangible Assets0.01480.01560.0944
Slightly volatile
Earnings Yield0.01430.01510.0439
Pretty Stable
Intangibles To Total Assets0.260.250.1682
Slightly volatile
Current Ratio2.211.232.564
Slightly volatile
Tangible Book Value Per Share5.315.064.9217
Slightly volatile
Receivables Turnover12.8312.310.5778
Pretty Stable
Graham Number4.986.1110.3533
Pretty Stable
Shareholders Equity Per Share10.359.867.2221
Slightly volatile
Debt To Equity0.350.330.373
Slightly volatile
Capex Per Share2.492.381.9058
Slightly volatile
Average Receivables22.9 M38.9 M40 M
Very volatile
Revenue Per Share14.4413.758.9476
Slightly volatile
Interest Debt Per Share4.093.892.0059
Slightly volatile
Debt To Assets0.20.190.1969
Slightly volatile
Enterprise Value Over EBITDA2.795.247.5626
Slightly volatile
Short Term Coverage Ratios19.4120.4319.3968
Slightly volatile
Price Earnings Ratio72.0668.6330.9762
Slightly volatile
Operating Cycle42.9330.7150.4494
Slightly volatile
Price Book Value Ratio1.421.52.7971
Slightly volatile
Days Of Payables Outstanding17.3314.9313.4215
Pretty Stable
Dividend Payout Ratio0.430.490.2783
Very volatile
Price To Operating Cash Flows Ratio13.427.8411.0992
Slightly volatile
Pretax Profit Margin0.0180.01890.1362
Slightly volatile
Company Equity Multiplier1.181.571.508
Pretty Stable
Long Term Debt To Capitalization0.130.220.2296
Slightly volatile
Total Debt To Capitalization0.250.240.2608
Slightly volatile
Debt Equity Ratio0.350.330.373
Slightly volatile
Quick Ratio2.791.582.4066
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.840.880.884
Very volatile
Net Income Per E B T0.540.670.7154
Very volatile
Cash Ratio0.250.261.2061
Slightly volatile
Cash Conversion Cycle31.4419.0337.596
Slightly volatile
Operating Cash Flow Sales Ratio0.170.120.2044
Slightly volatile
Days Of Inventory Outstanding7.968.3715.1204
Slightly volatile
Days Of Sales Outstanding26.1830.7135.7579
Pretty Stable
Cash Flow Coverage Ratios0.570.63.265
Slightly volatile
Price To Book Ratio1.421.52.7971
Slightly volatile
Fixed Asset Turnover2.381.541.5568
Slightly volatile
Capital Expenditure Coverage Ratio0.870.910.993
Pretty Stable
Price Cash Flow Ratio13.427.8411.0992
Slightly volatile
Enterprise Value Multiple2.795.247.5626
Slightly volatile
Debt Ratio0.20.190.1969
Slightly volatile
Cash Flow To Debt Ratio0.570.63.265
Slightly volatile
Price Sales Ratio1.021.072.1899
Slightly volatile
Return On Assets0.01070.01130.0807
Slightly volatile
Asset Turnover1.180.920.8619
Slightly volatile
Net Profit Margin0.01340.01410.0976
Slightly volatile
Gross Profit Margin0.130.140.2486
Slightly volatile
Price Fair Value1.421.52.7971
Slightly volatile
Return On Equity0.01870.01960.123
Slightly volatile

Heartland Express Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.4 B1.3 B1.4 B
Slightly volatile
Enterprise Value1.4 B1.3 B1.4 B
Slightly volatile

Heartland Fundamental Market Drivers

Forward Price Earnings114.9425
Cash And Short Term Investments28.1 M

Heartland Upcoming Events

2nd of February 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
2nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Heartland Express Financial Statements

Heartland Express stakeholders use historical fundamental indicators, such as Heartland Express' revenue or net income, to determine how well the company is positioned to perform in the future. Although Heartland Express investors may analyze each financial statement separately, they are all interrelated. For example, changes in Heartland Express' assets and liabilities are reflected in the revenues and expenses on Heartland Express' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Heartland Express. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-9.1 M-8.7 M
Total Revenue1.4 B1.5 B
Cost Of Revenue1.2 B1.3 B
Sales General And Administrative To Revenue 0.04  0.04 
Capex To Revenue 0.16  0.12 
Revenue Per Share 13.75  14.44 
Ebit Per Revenue 0.03  0.03 

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When determining whether Heartland Express is a strong investment it is important to analyze Heartland Express' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heartland Express' future performance. For an informed investment choice regarding Heartland Stock, refer to the following important reports:
Check out the analysis of Heartland Express Correlation against competitors.
For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heartland Express. If investors know Heartland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heartland Express listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.66)
Earnings Share
(0.28)
Revenue Per Share
13.697
Quarterly Revenue Growth
(0.12)
Return On Assets
(0.02)
The market value of Heartland Express is measured differently than its book value, which is the value of Heartland that is recorded on the company's balance sheet. Investors also form their own opinion of Heartland Express' value that differs from its market value or its book value, called intrinsic value, which is Heartland Express' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heartland Express' market value can be influenced by many factors that don't directly affect Heartland Express' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heartland Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if Heartland Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heartland Express' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.