Heartland Financial Statements From 2010 to 2024

HTLD Stock  USD 10.33  0.10  0.96%   
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
326.7 M
Profit Margin
0.0122
Market Capitalization
824.3 M
Enterprise Value Revenue
0.9524
Revenue
1.2 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 2024 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

1.27 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 main balance sheet or income statement drivers, such as Depreciation And Amortization of 209 M, Interest Expense of 25.4 M or Total Revenue of 1.3 B, as well as many exotic indicators such as Price To Sales Ratio of 0.89, Dividend Yield of 0.0053 or PTB Ratio of 1.24. Heartland financial statements analysis is a perfect complement when working with Heartland Express Valuation or Volatility modules.
  
This module can also supplement Heartland Express' financial leverage analysis and stock options assessment as well as various Heartland Express Technical models . 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 Assets1.6 B1.5 B873.4 M
Slightly volatile
Other Current Liabilities49.1 M67.1 M51.9 M
Slightly volatile
Total Current Liabilities62.5 M123.5 M71.4 M
Slightly volatile
Total Stockholder Equity908.5 M865.3 M562.9 M
Slightly volatile
Property Plant And Equipment Net947.9 M902.8 M503.7 M
Slightly volatile
Retained Earnings1.1 B1.1 B682.4 M
Slightly volatile
Cash27 M28.5 M76.5 M
Very volatile
Non Current Assets Total1.4 B1.3 B700.2 M
Slightly volatile
Cash And Short Term Investments27 M28.5 M76.5 M
Very volatile
Net Receivables118.5 M112.9 M71 M
Slightly volatile
Common Stock Shares Outstanding81.3 M79.1 M86.6 M
Slightly volatile
Liabilities And Stockholders Equity1.6 B1.5 B873.4 M
Slightly volatile
Non Current Liabilities Total547 M520.9 M234.7 M
Slightly volatile
Other Current Assets29.3 M27.9 M12.7 M
Slightly volatile
Total Liabilities676.6 M644.4 M310.6 M
Slightly volatile
Property Plant And Equipment Gross1.4 B1.3 B597.1 M
Slightly volatile
Total Current Assets169 M169.3 M172.6 M
Slightly volatile
Short Term Debt11.4 M18.6 M12.4 M
Very volatile
Accounts Payable39.7 M37.8 M21.3 M
Slightly volatile
Intangible Assets103.4 M98.5 M31.9 M
Slightly volatile
Inventory17.7 M13 M15 M
Slightly volatile
Current Deferred RevenueM1.1 M3.2 M
Slightly volatile
Common Stock Total Equity705.7 K816.3 K960.4 K
Slightly volatile
Common Stock706.4 K816.3 K960.4 K
Slightly volatile
Other Assets12.7 M24.3 M16.8 M
Slightly volatile
Property Plant Equipment1.2 B1.1 B537.2 M
Slightly volatile
Good Will338.7 M322.6 M144.6 M
Slightly volatile
Other Liabilities301 M286.6 M153 M
Slightly volatile
Net Tangible Assets441.9 M495.8 M410.7 M
Slightly volatile
Retained Earnings Total Equity710.3 M1.2 B687.6 M
Slightly volatile
Capital Surpluse3.8 M4.8 M3.6 M
Slightly volatile
Deferred Long Term Liabilities250.6 M238.6 M109.4 M
Slightly volatile
Long Term Investments17.1 M18 M25.8 M
Slightly volatile
Non Current Liabilities Other56.8 M45.6 M68.3 M
Slightly volatile
Long Term Debt Total481.9 M458.9 M317.2 M
Slightly volatile
Short and Long Term Debt12.8 M9.3 M17.1 M
Slightly volatile
Net Invested Capital905.2 M1.2 B712.5 M
Slightly volatile
Net Working Capital86.2 M45.8 M100.6 M
Very volatile
Capital Stock725.6 K816.3 K888.9 K
Slightly volatile

Heartland Express Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization209 M199 M105 M
Slightly volatile
Total Revenue1.3 B1.2 B693.8 M
Slightly volatile
Gross Profit148.1 M78.2 M143.9 M
Pretty Stable
Other Operating Expenses1.3 B1.2 B625.3 M
Slightly volatile
EBITDA210.4 M200.3 M104.6 M
Slightly volatile
Cost Of Revenue1.2 B1.1 B554.3 M
Slightly volatile
Total Operating Expenses73.1 M76.9 M70.5 M
Pretty Stable
Income Before Tax18.9 M19.9 M88.5 M
Very volatile
Net Income14 M14.8 M63.4 M
Very volatile
Selling General Administrative94.7 M55.8 M49.3 M
Pretty Stable
Net Income Applicable To Common Shares161.3 M153.6 M84.7 M
Slightly volatile
Net Income From Continuing Ops23.9 M25.2 M68.8 M
Very volatile
Non Operating Income Net Other1.2 M1.5 M1.1 M
Slightly volatile
Interest Income1.5 M1.7 M987.9 K
Slightly volatile
Reconciled Depreciation133.9 M198.6 M114.2 M
Slightly volatile
Extraordinary Items26.2 M29.5 M32.1 M
Slightly volatile
Selling And Marketing Expenses42 M40 M7.3 M
Slightly volatile

Heartland Express Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation1.7 M1.6 M1.3 M
Slightly volatile
Begin Period Cash Flow72.9 M50.2 M92.8 M
Pretty Stable
Capital Expenditures219 M208.6 M152.6 M
Slightly volatile
Total Cash From Operating Activities104 M165.3 M133.9 M
Slightly volatile
Net Income14 M14.8 M63.7 M
Very volatile
End Period Cash Flow27 M28.5 M82.6 M
Very volatile
Dividends PaidM6.3 M14.6 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.890.93312.2619
Slightly volatile
Dividend Yield0.00530.00560.0114
Pretty Stable
PTB Ratio1.241.30213.2898
Slightly volatile
Days Sales Outstanding26.2134.127435.5341
Very volatile
Book Value Per Share11.510.95136.8568
Slightly volatile
Invested Capital0.360.34470.3751
Slightly volatile
Operating Cash Flow Per Share2.22.09171.6727
Slightly volatile
Average Payables8.1 M12.7 M13.2 M
Very volatile
Stock Based Compensation To Revenue0.00140.00130.0031
Slightly volatile
PB Ratio1.241.30213.2898
Slightly volatile
EV To Sales1.861.17242.2661
Slightly volatile
Inventory Turnover47.3745.1138.9726
Slightly volatile
Net Income Per Share0.180.1870.7616
Pretty Stable
Days Of Inventory On Hand7.968.3712.8218
Slightly volatile
Payables Turnover23.3529.892840.2597
Slightly volatile
Sales General And Administrative To Revenue0.04390.04620.0977
Slightly volatile
Average Inventory13.9 M15.6 M17 M
Slightly volatile
Cash Per Share0.340.36010.9198
Very volatile
POCF Ratio13.446.817311.0956
Slightly volatile
Payout Ratio0.430.42790.2568
Very volatile
Days Payables Outstanding17.5912.210313.637
Pretty Stable
Income Quality11.7411.18563.1744
Slightly volatile
ROE0.01620.01710.1428
Slightly volatile
EV To Operating Cash Flow12.668.565910.7843
Pretty Stable
PE Ratio80.0776.25629.3303
Slightly volatile
Return On Tangible Assets0.01290.01360.1048
Slightly volatile
Earnings Yield0.01250.01310.0452
Very volatile
Intangibles To Total Assets0.290.27890.1648
Slightly volatile
Current Ratio2.211.37092.527
Pretty Stable
Tangible Book Value Per Share5.95.62144.6893
Slightly volatile
Receivables Turnover12.8310.695210.8289
Pretty Stable
Graham Number4.986.788110.1422
Slightly volatile
Shareholders Equity Per Share11.510.95136.8568
Slightly volatile
Debt To Equity0.360.34470.3751
Slightly volatile
Average Receivables23.1 M38.9 M39.8 M
Very volatile
Revenue Per Share16.0515.28238.4082
Slightly volatile
Debt To Assets0.210.19760.1972
Slightly volatile
Enterprise Value Over EBITDA5.237.066418.9368
Very volatile
Short Term Coverage Ratios8.468.903512.841
Slightly volatile
Price Earnings Ratio80.0776.25629.3303
Slightly volatile
Operating Cycle43.4634.127447.5609
Pretty Stable
Price Book Value Ratio1.241.30213.2898
Slightly volatile
Days Of Payables Outstanding17.5912.210313.637
Pretty Stable
Dividend Payout Ratio0.430.42790.2568
Very volatile
Price To Operating Cash Flows Ratio13.446.817311.0956
Slightly volatile
Pretax Profit Margin0.01560.01640.1447
Slightly volatile
Company Equity Multiplier1.181.74471.5314
Slightly volatile
Long Term Debt To Capitalization0.130.24430.2328
Slightly volatile
Total Debt To Capitalization0.270.25630.2627
Slightly volatile
Debt Equity Ratio0.360.34470.3751
Slightly volatile
Quick Ratio1.861.14482.1627
Pretty Stable
Net Income Per E B T0.540.74420.7087
Pretty Stable
Cash Ratio0.220.23041.207
Pretty Stable
Cash Conversion Cycle32.1421.917136.9175
Slightly volatile
Operating Cash Flow Sales Ratio0.170.13690.2081
Very volatile
Days Of Inventory Outstanding7.968.3712.8218
Slightly volatile
Days Of Sales Outstanding26.2134.127435.5341
Very volatile
Cash Flow Coverage Ratios0.530.55413.4422
Slightly volatile
Price To Book Ratio1.241.30213.2898
Slightly volatile
Fixed Asset Turnover2.381.33751.5922
Slightly volatile
Price Cash Flow Ratio13.446.817311.0956
Slightly volatile
Enterprise Value Multiple5.237.066418.9368
Very volatile
Debt Ratio0.210.19760.1972
Slightly volatile
Cash Flow To Debt Ratio0.530.55413.4422
Slightly volatile
Price Sales Ratio0.890.93312.2619
Slightly volatile
Return On Assets0.00930.00980.0905
Slightly volatile
Asset Turnover1.180.79980.9186
Slightly volatile
Net Profit Margin0.01160.01220.1018
Slightly volatile
Gross Profit Margin0.06150.06480.2517
Slightly volatile
Price Fair Value1.241.30213.2898
Slightly volatile
Return On Equity0.01620.01710.1428
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 Earnings77.5194
Cash And Short Term Investments28.5 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

There are typically three primary documents that fall into the category of financial statements. These documents include Heartland Express income statement, its balance sheet, and the statement of cash flows. Heartland Express investors use historical funamental indicators, such as Heartland Express's revenue or net income, to determine how well the company is positioned to perform in the future. Although Heartland Express investors may use each financial statement separately, they are all related. The changes in Heartland Express's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Heartland Express's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Heartland Express Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Heartland Express. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue1.1 MM
Total Revenue1.2 B1.3 B
Cost Of Revenue1.1 B1.2 B
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.05  0.04 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.17)(0.18)
Revenue Per Share 15.28  16.05 
Ebit Per Revenue 0  0 

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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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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When running Heartland Express' price analysis, check to measure Heartland Express' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Heartland Express is operating at the current time. Most of Heartland Express' value examination focuses on studying past and present price action to predict the probability of Heartland Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heartland Express' price. Additionally, you may evaluate how the addition of Heartland Express to your portfolios can decrease your overall portfolio volatility.
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Is Heartland Express' industry 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)
Dividend Share
0.08
Earnings Share
0.19
Revenue Per Share
15.282
Quarterly Revenue Growth
(0.22)
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.