Heartland Express (HTLD) Financials: History & Chart

Heartland Express, Inc.(HTLD)

Trucking · North Liberty, IA

$11.38-0.29 (-2.53%)

Delayed quote: Oct 6, 2026, 10:35 AM EDT

About Heartland Express, Inc.

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.

North Liberty, IA

3,630 employees

www.heartlandexpress.com

Industrials / Trucking

Sector: Industrials
Industry: Trucking
CEO: Michael J. Gerdin

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	736.28M	184.13M	176.26M	179.35M	196.55M	210.39M	219.42M	242.58M	259.86M
Cost of Goods Sold	681.15M	181.11M	159.32M	162.97M	177.75M	193.11M	204.34M	215.20M	233.82M
Gross Profit	55.13M	3.01M	16.94M	16.39M	18.80M	17.27M	15.08M	27.38M	26.04M
Gross Profit Margin	7.5%	1.6%	9.6%	9.1%	9.6%	8.2%	6.9%	11.3%	10.0%
Total Operating Expenses	104.23M	11.51M	27.55M	32.43M	32.74M	32.48M	31.77M	32.35M	33.18M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	52.25M	1.98M	14.38M	18.37M	17.53M	16.36M	14.19M	13.94M	14.11M
Operating Income (EBIT)	-49.10M	-8.50M	-10.61M	-16.04M	-13.94M	-15.20M	-16.68M	-4.98M	-7.14M
Operating Margin	-6.7%	-4.6%	-6.0%	-8.9%	-7.1%	-7.2%	-7.6%	-2.1%	-2.7%
Income Before Tax (EBT)	-25.33M	15.04M	-5.30M	-25.15M	-9.93M	-15.18M	-17.87M	-2.21M	-11.12M
Interest Income	1.02M	370K	207K	213K	235K	198K	129K	232K	258K
Interest Expense	9.51M	1.88M	2.21M	2.52M	2.91M	2.96M	3.10M	3.46M	4.24M
Other Income/Expense	23.77M	23.54M	5.31M	-9.10M	4.01M	18K	-1.19M	2.77M	-3.98M
Net Income	-21.96M	10.58M	-4.82M	-19.44M	-8.28M	-10.86M	-13.87M	-1.85M	-9.28M
Income Tax Expense	-3.36M	4.46M	-477K	-5.70M	-1.64M	-4.33M	-4.00M	-357K	-1.84M
Net Profit Margin	-3.0%	5.7%	-2.7%	-10.8%	-4.2%	-5.2%	-6.3%	-0.8%	-3.6%
EBITDA	94.47M	23.80M	24.55M	21.32M	24.80M	26.26M	24.95M	38.95M	37.81M
EBITDA Margin	12.8%	12.9%	13.9%	11.9%	12.6%	12.5%	11.4%	16.1%	14.6%
Depreciation & Amortization	143.57M	32.31M	35.16M	37.37M	38.74M	41.46M	41.63M	43.93M	44.95M
EPS Basic	-0.28	0.14	-0.06	-0.25	-0.11	-0.14	-0.18	-0.02	-0.12
EPS Diluted	-0.28	0.14	-0.06	-0.25	-0.11	-0.14	-0.18	-0.02	-0.12
Weighted Average Basic Shares	77.40M	77.40M	77.46M	77.44M	77.47M	78.08M	78.54M	78.73M	78.49M
Weighted Average Diluted Shares	77.40M	77.40M	77.46M	77.48M	77.47M	78.08M	78.61M	78.78M	78.49M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	805.71M	1.05B	1.21B	968.00M	607.28M	645.26M	596.82M	610.80M
Cost of Goods Sold	738.16M	937.35M	1.06B	767.31M	479.05M	497.80M	474.69M	484.77M
Gross Profit	67.54M	110.16M	145.28M	200.69M	128.24M	147.46M	122.13M	126.03M
Gross Profit Margin	8.4%	10.5%	12.0%	20.7%	21.1%	22.9%	20.5%	20.6%
Total Operating Expenses	129.41M	137.90M	143.98M	109.24M	22.83M	54.04M	27.86M	36.25M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	66.45M	60.32M	55.79M	41.43M	25.27M	27.51M	21.96M	23.31M
Operating Income (EBIT)	-61.87M	-27.74M	1.30M	91.45M	105.41M	93.42M	94.28M	89.79M
Operating Margin	-7.7%	-2.6%	0.1%	9.4%	17.4%	14.5%	15.8%	14.7%
Income Before Tax (EBT)	-68.13M	-36.67M	19.85M	181.09M	106.05M	94.26M	97.18M	91.92M
Interest Income	774K	1.14M	1.66M	1.29M	640K	842K	3.96M	2.13M
Interest Expense	11.49M	17.58M	24.19M	8.55M	N/A	N/A	1.05M	N/A
Other Income/Expense	-6.26M	-8.93M	18.55M	89.64M	640K	842K	2.90M	2.13M
Net Income	-52.45M	-29.72M	14.78M	133.58M	79.28M	70.81M	72.97M	72.68M
Income Tax Expense	-15.68M	-6.95M	5.08M	47.51M	26.77M	23.45M	24.21M	19.24M
Net Profit Margin	-6.5%	-2.8%	1.2%	13.8%	13.1%	11.0%	12.2%	11.9%
EBITDA	97.33M	153.78M	200.34M	224.50M	209.64M	203.80M	195.21M	191.12M
EBITDA Margin	12.1%	14.7%	16.6%	23.2%	34.5%	31.6%	32.7%	31.3%
Depreciation & Amortization	159.20M	181.52M	199.04M	133.05M	104.23M	110.38M	100.93M	101.33M
EPS Basic	-0.67	-0.38	0.19	1.69	1.00	0.87	0.89	0.88
EPS Diluted	-0.67	-0.38	0.19	1.69	1.00	0.87	0.89	0.88
Weighted Average Basic Shares	77.88M	78.73M	79.01M	78.94M	79.57M	81.39M	81.98M	82.38M
Weighted Average Diluted Shares	77.94M	78.78M	79.08M	78.97M	79.61M	81.44M	82.02M	82.41M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.