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Heartland Express, Inc.

HTLDIndustrialsNASDAQ

Trucking · Last scanned May 30, 2026

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Financials · Annual
Revenue
$805.7M
-23.1% YoY
Net Income
-$52.5M
-76.5% YoY
EBITDA
$102.6M
-36.9% YoY
Free Cash Flow
-$49.1M

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About Heartland Express, Inc.

Part of the industrials sector, Heartland Express, Inc. (HTLD) is listed under Trucking. Valued at $1.16B, HTLD is a small-cap name in its sector. It primarily provides nationwide asset-based dry van truckload services for shippers; cross-border freight and other transportation services; and temperature-controlled truckload services.

Key stats
Market Cap$1.16B
Fwd P/E29.47
EPS$-0.55
Beta1.28
52W Change+73.7%
Dividend Yield0.53%
ROE-5.6%
Analysis

Heartland Express, Inc. carries $153.2M in total debt against $44.5M in cash reserves — debt is roughly 3.4x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$49.1M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of -5.6% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has been uneven over recent years, ranging from $607.3M to $805.7M.

Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Heartland Express, Inc.'s trajectory.

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