15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $806M | -$52M | 0.0% | -7.1% | -6.9% | -4.4% | -$67M | $156M | $18M |
| 2024 | $1.0B | -$30M | 0.0% | -1.9% | -3.6% | -2.2% | $35M | $190M | $13M |
| 2023 | $1.2B | $15M | 0.0% | 3.5% | 1.7% | 1.0% | -$43M | $283M | $28M |
| 2022 | $968M | $134M | 0.0% | 19.5% | 15.6% | 8.0% | $34M | $385M | $49M |
| 2021 | $607M | $79M | 0.0% | 17.4% | 10.9% | 8.5% | -$9M | $0 | $158M |
| 2020 | $645M | $71M | 0.0% | 14.5% | 9.8% | 7.4% | -$25M | — | $114M |
| 2019 | $597M | $73M | 0.0% | 15.8% | 10.7% | 8.1% | -$17M | $0 | $77M |
| 2018 | $611M | $73M | 0.0% | 14.7% | 11.8% | 9.0% | -$23M | $0 | $161M |
| 2017 | $607M | $75M | 0.0% | 10.5% | 13.1% | 9.5% | -$75M | — | $75M |
| 2016 | $613M | $56M | 0.0% | 14.0% | 11.1% | 7.6% | $70M | — | $129M |
| 2015 | $736M | $73M | 0.0% | 15.8% | 15.5% | 9.9% | -$27M | $0 | $33M |
| 2014 | $871M | $85M | 0.0% | 15.1% | 17.8% | 11.2% | -$33M | $25M | $17M |
| 2013 | $582M | $71M | 0.0% | 19.3% | 17.7% | 9.7% | -$24M | $75M | $18M |
| 2012 | $546M | $62M | 0.0% | 17.4% | 21.2% | 13.2% | $35M | $0 | $120M |
| 2011 | $529M | $70M | 0.0% | 20.2% | 20.5% | 13.3% | -$27M | — | $140M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $184M | $11M | 0.0% | 9.0% | 1.4% | 0.9% | -$35M | $135M | $62M |
| Mar '26 | $176M | -$5M | 0.0% | -1.9% | -0.6% | -0.4% | $5M | $150M | $44M |
| Dec '25 | $179M | — | 0.0% | -12.7% | 0.0% | 0.0% | -$44M | $156M | $18M |
| Sep '25 | $197M | -$8M | 0.0% | -3.7% | -1.1% | -0.7% | -$12M | $185M | $33M |
| Jun '25 | $210M | -$11M | 0.0% | -5.9% | -1.4% | -0.8% | -$13M | $194M | $23M |
| Mar '25 | $219M | -$14M | 0.0% | -6.8% | -1.7% | -1.0% | $2M | $200M | $24M |
| Dec '24 | $243M | — | 0.0% | 0.4% | 0.0% | 0.0% | -$46M | $190M | $13M |
| Sep '24 | $260M | -$9M | 0.0% | -2.7% | -1.1% | -0.7% | $25M | $207M | $31M |
| Jun '24 | $275M | -$3M | 0.0% | 0.1% | -0.4% | -0.2% | $29M | $237M | $24M |
| Mar '24 | $270M | -$15M | 0.0% | -5.3% | -1.8% | -1.0% | $26M | $264M | $24M |
| Dec '23 | $275M | — | 0.0% | 3.9% | 0.0% | 0.0% | $9M | $283M | $28M |
| Sep '23 | $295M | -$11M | 0.0% | -2.5% | -1.2% | -0.7% | -$42M | $344M | $20M |
| Jun '23 | $306M | $8M | 0.0% | 5.3% | 0.9% | 0.5% | -$35M | $349M | $46M |
| Mar '23 | $331M | $13M | 0.0% | 6.9% | 1.5% | 0.8% | $24M | $366M | $56M |
| Dec '22 | $355M | — | 0.0% | 7.4% | 0.0% | 0.0% | $13M | $385M | $49M |
| Sep '22 | $274M | $24M | 0.0% | 12.7% | 2.9% | 1.4% | $13M | $465M | $65M |
| Jun '22 | $188M | $77M | 0.0% | 55.9% | 9.4% | 6.9% | -$8M | $11M | $172M |
| Mar '22 | $151M | $17M | 0.0% | 14.8% | 2.3% | 1.8% | $16M | — | $187M |
| Dec '21 | $148M | — | 0.0% | 17.9% | 0.0% | 0.0% | -$12M | $0 | $158M |
| Sep '21 | $153M | $24M | 0.0% | 21.8% | 3.5% | 2.6% | -$13M | — | $180M |
How the market has priced HTLD against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Heartland Express Inc's revenue has grown 4.5% per year. These are computed facts, not advice.
As of FY2025, Heartland Express Inc reported $156M of total debt against $18M of cash.
In FY2025, gross margin was —, operating margin -7.1%, and net margin -6.5%.
As of Sep '26, Heartland Express Inc traded at a price-to-earnings ratio of about 66.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.