HTLD
Heartland Express, Inc.
HTLD lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
HTLD Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Weak | |
| Strong |
HTLD's balance sheet is currently strong, and its profitability is stable, but its revenue and cash flow are under pressure.
HTLD PE Valuation
HTLD has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 29x next year's earnings.
HTLD Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect HTLD to return to profit, with revenue holding steady. However, they disagree widely on these estimates.
HTLD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.36 | — |
| Q3 2026 | -$0.15 | +$0.31 |
| Q2 2026 | -$0.27 | +$0.20 |
| Q1 2026 | -$0.55 | -$0.18 |
| Q4 2025 | -$0.67 | -$0.29 |
| Q3 2025 | -$0.46 | -$0.18 |
| Q2 2025 | -$0.47 | -$0.17 |
| Q1 2025 | -$0.37 | -$0.21 |
| Q4 2024 | -$0.38 | -300% |
HTLD lost $0.15 per share over the past year, a smaller loss than the year before.
HTLD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $179.5M | -8.7% |
| Q2 2026 | $184.1M | -12% |
| Q1 2026 | $176.3M | -20% |
| Q4 2025 | $179.4M | -26% |
| Q3 2025 | $196.5M | -24% |
| Q2 2025 | $210.4M | -23% |
| Q1 2025 | $219.4M | -19% |
| Q4 2024 | $242.6M | -12% |
HTLD's revenue has slid since its 2022 peak: $180M last quarter, down 8.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.3% | +5 points |
| Q2 2026 | 9% | +15 points |
| Q1 2026 | -1.9% | +4.9 points |
| Q4 2025 | -13% | -13 points |
| Q3 2025 | -3.7% | -0.9 points |
| Q2 2025 | -5.9% | -6 points |
| Q1 2025 | -6.8% | -1.5 points |
| Q4 2024 | 0.4% | -3.5 points |
HTLD's operating margin was 1.3% last quarter, up 5 points from the same quarter a year ago.
HTLD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$7.4M | +$4.7M |
| Q2 2026 | -$34.6M | -$21.8M |
| Q1 2026 | $5.1M | +125% |
| Q4 2025 | -$44.2M | +$1.3M |
| Q3 2025 | -$12.2M | -149% |
| Q2 2025 | -$12.8M | -143% |
| Q1 2025 | $2.3M | -91% |
| Q4 2024 | -$45.5M | -601% |
HTLD has burned cash in six of the last eight quarters: −$81M over the past year, against −$68M the year before.
HTLD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -45K shares |
| 1 year | -0.2% | -126K shares |
| 3 years | -2.2% | -1.7M shares |
| 5 years | -2.5% | -2M shares |
| Available history | -5.6% | -4.6M shares |
HTLD has 77M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2.2M |
| Q4 2025 | $35,000 |
| Q3 2025 | $1.4M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
HTLD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.4x | Very low |
| Q2 2026 | 0.6x | Very low |
| Q1 2026 | 1.0x | Very low |
| Q4 2025 | 1.4x | Healthy |
| Q3 2025 | 1.2x | Healthy |
| Q2 2025 | 1.2x | Healthy |
| Q1 2025 | 1.1x | Healthy |
| Q4 2024 | 1.1x | Healthy |
HTLD's net debt is less than a year of its operating earnings (EBITDA), down from 1.1 years a year ago.
HTLD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.5 | Neutral |
| Stochastic | 10.0 | Oversold |
HTLD's weekly RSI is 39 (neutral) and its Stochastic is 10 (oversold).
HTLD PE vs Industrials Sector
| Metric | HTLD | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
HTLD has no meaningful PE right now: it lost money over the past year.
HTLD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.8 | 3.8% below |
| 20 week MA | $12.2 | 15% below |
| 50 week MA | $11.9 | 13% below |
| 100 week MA | $10.5 | 1.1% below |
| 200 week MA | $12.0 | 14% below |
HTLD is in a downtrend: it's below all five of its weekly moving averages, and 14% below its 200-week average.
HTLD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $20.9 | $18.2 | -13% |
| 2021 | $18.2 | $16.6 | -9% |
| 2022 | $16.6 | $15.8 | -4.9% |
| 2023 | $15.8 | $14.3 | -9.5% |
| 2024 | $14.3 | $11.1 | -22% |
| 2025 | $11.1 | $9.20 | -17% |
| 2026 YTD | $9.20 | $10.4 | +13% |
HTLD has finished every year since 2020 lower, and it's up 13% so far in 2026.