Heartland Express Inc. | Small-cap | Industrials
$8.67
-0.69%
| Heartland Express Stock Comparison:
Heartland Express vs Old Dominion FreightHeartland Express vs XPOHeartland Express vs Werner EnterprisesHeartland Express vs ArcBestHeartland Express vs Marten TransportHeartland Express vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 219.4M
Gross Profit 15.1M 6.87%
Operating Income -16.7M -7.60%
Net Income -13.9M -6.32%
EPS (Diluted) $-0.18

Balance Sheet Metrics

Total Assets 1.3B
Total Liabilities 537.0M
Shareholders Equity 807.7M
Debt to Equity 0.66

Cash Flow Metrics

Operating Cash Flow 22.0M
Free Cash Flow 2.3M

Revenue & Profitability Trend

Heartland Express Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i1.0B1.2B968.0M607.3M645.3M
Cost of Goods Sold i937.4M1.1B767.3M479.0M497.8M
Gross Profit i110.2M145.3M200.7M128.2M147.5M
Gross Margin % i10.5%12.0%20.7%21.1%22.9%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i60.3M55.8M41.4M25.3M27.5M
Other Operating Expenses i57.2M66.4M51.4M21.4M26.4M
Total Operating Expenses i117.5M122.2M92.9M46.7M53.9M
Operating Income i-27.7M1.3M91.5M68.0M78.6M
Operating Margin % i-2.6%0.1%9.4%11.2%12.2%
Non-Operating Items
Interest Income i1.1M1.7M1.3M640.0K842.0K
Interest Expense i17.6M24.2M8.6M00
Other Non-Operating Income7.5M41.1M96.9M37.4M14.8M
Pre-tax Income i-36.7M19.9M181.1M106.0M94.3M
Income Tax i-7.0M5.1M47.5M26.8M23.5M
Effective Tax Rate % i0.0%25.6%26.2%25.2%24.9%
Net Income i-29.7M14.8M133.6M79.3M70.8M
Net Margin % i-2.8%1.2%13.8%13.1%11.0%
Key Metrics
EBITDA i154.9M202.0M225.8M172.8M189.8M
EPS (Basic) i$-0.38$0.19$1.69$1.00$0.87
EPS (Diluted) i$-0.38$0.19$1.69$1.00$0.87
Basic Shares Outstanding i7873300079010000789410007957300081388000
Diluted Shares Outstanding i7873300079010000789410007957300081388000

Income Statement Trend

Heartland Express Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i12.8M28.1M49.5M157.7M113.9M
Short-term Investments i-----
Accounts Receivable i91.6M102.7M139.8M52.8M55.6M
Inventory i-----
Other Current Assets12.6M17.6M26.1M9.4M15.3M
Total Current Assets i129.4M169.3M229.8M233.2M193.0M
Non-Current Assets
Property, Plant & Equipment i1.0B1.1B1.0B516.0M604.5M
Goodwill i738.7M743.7M713.4M358.9M361.3M
Intangible Assets i93.5M98.5M72.1M22.4M24.7M
Long-term Investments-----
Other Non-Current Assets16.4M16.4M21.1M16.8M25.8M
Total Non-Current Assets i1.2B1.3B1.4B695.3M758.2M
Total Assets i1.3B1.5B1.6B928.5M951.2M
Liabilities
Current Liabilities
Accounts Payable i35.4M37.8M62.7M20.5M12.8M
Short-term Debt i15.2M18.6M25.9M--
Current Portion of Long-term Debt-----
Other Current Liabilities-----
Total Current Liabilities i119.6M123.5M156.8M71.6M71.0M
Non-Current Liabilities
Long-term Debt i193.5M298.9M408.0M--
Deferred Tax Liabilities i158.4M189.1M207.5M90.0M104.0M
Other Non-Current Liabilities-----
Total Non-Current Liabilities i392.0M520.9M657.3M129.8M155.8M
Total Liabilities i511.6M644.4M814.0M201.4M226.8M
Equity
Common Stock i907.0K907.0K907.0K907.0K907.0K
Retained Earnings i1.0B1.1B1.1B924.4M891.0M
Treasury Stock i205.6M200.3M201.2M202.3M171.9M
Other Equity-----
Total Shareholders Equity i822.6M865.3M855.5M727.1M724.3M
Key Metrics
Total Debt i208.6M317.4M434.0M00
Working Capital i9.9M45.8M73.0M161.6M122.0M

Balance Sheet Composition

Heartland Express Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-29.7M14.8M133.6M79.3M70.8M
Depreciation & Amortization i181.5M199.0M133.0M104.2M110.4M
Stock-Based Compensation i1.0M1.6M1.4M1.2M2.1M
Working Capital Changes i16.3M-1.1M20.0M-21.6M4.2M
Operating Cash Flow i140.0M197.3M290.8M157.2M195.7M
Investing Activities
Capital Expenditures i-46.5M-71.3M12.2M-2.5M-111.2M
Acquisitions i00-675.9M00
Investment Purchases i-----
Investment Sales i-----
Investing Cash Flow i-46.5M-67.9M-663.3M-2.6M-111.0M
Financing Activities
Share Repurchases i-7.3M00-32.0M-25.7M
Dividends Paid i-4.7M-6.3M-6.3M-45.9M-6.5M
Debt Issuance i00447.3M00
Debt Repayment i-100.3M-114.1M-81.5M00
Financing Cash Flow i-112.7M-120.7M359.3M-78.1M-32.7M
Free Cash Flow i34.8M-43.3M34.1M-9.2M-25.5M
Net Change in Cash i-19.2M8.7M-13.2M76.4M51.9M

Cash Flow Trend

Heartland Express Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 52.42
Forward P/E 79.36
Price to Book 0.86
Price to Sales 0.72
PEG Ratio 0.21

Profitability Ratios

Profit Margin -3.85%
Operating Margin -7.23%
Return on Equity -4.42%
Return on Assets -2.05%

Financial Health

Current Ratio 0.95
Debt to Equity 25.23
Beta 1.06

Per Share Data

EPS (TTM) $-0.46
Book Value per Share $10.14
Revenue per Share $11.89

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
htld690.3M52.420.86-4.42%-3.85%25.23
Old Dominion Freight 29.7B27.607.0426.25%19.42%4.02
XPO 15.2B44.468.5021.04%4.31%238.63
Werner Enterprises 1.7B32.291.163.49%1.77%53.20
ArcBest 1.6B10.741.2612.50%3.90%37.79
Marten Transport 887.2M42.481.122.72%2.27%0.09

Financial data is updated regularly. All figures are in the company's reporting currency.