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Heartland Express HTLD Operating margin

Operating margin at other companies

JB Hunt Transport Services logo
JB Hunt Transport ServicesJBHT
7.4%+0.6pp
Werner Enterprises logo
Werner EnterprisesWERN
2%-0.9pp
Knight-Swift Transportation Holdings Inc. logo
Knight-Swift Transportation Holdings Inc.KNX
2.4%-1.5pp
Schneider National logo
Schneider NationalSNDR
2.8%-0.5pp
Landstar System logo
Landstar SystemLSTR
3.5%-1.3pp
ArcBest logo
ArcBestARCB
2.4%-3.2pp

Other financials

Income statement

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Revenue$176.3M-19.7%
Operating income-$3.3M+77.9%
Net income-$4.8M+65.2%
EPS (diluted)-$0.06+66.7%

Balance sheet

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Cash & equivalents$44.5M+86.4%
Total debt$153.2M-29.1%
Total equity$755.3M-8.2%
Total assets$1.2B-12.2%

Cash flow

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Operating cash flow$23.2M-10.4%
CapEx$18.0M-23.5%
Free cash flow$5.1M+125%

Valuation

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Market cap$1.13B+66.4%
Enterprise value$1.24B+42.2%
P/S1.5×+0.8×

Profitability

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Net margin-5.7%+642pp
FCF margin-8.4%

Returns & leverage

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Return on equity-6.6%+52.6pp
Debt / equity0.2×0.0×
Current ratio1.3×+0.4×

Where this comes from

Calculated from Heartland Express’s reported figures.

Based on trailing twelve months.

The official record: Heartland Express’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Heartland Express's operating margin?
Heartland Express (HTLD) reported operating margin of -6% in Q1 2026.
How has Heartland Express's operating margin changed year-over-year?
Heartland Express's operating margin decreased by 175.0% year-over-year, from -2.2% to -6%.
What is the long-term trend for Heartland Express's operating margin?
Over 5 years (2020 to 2025), Heartland Express's operating margin has grown at a -13.2% compound annual growth rate (CAGR), from 14.5% to -7.1%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.