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Heartland Express HTLD Concentration of risk, number of customers

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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$1.18B+74.3%
Enterprise value$1.29B+48.3%
P/S1.6×+0.9×

Profitability

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Operating margin-6%-14.0pp
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

Reported directly by Heartland Express in its filing.

Tagged under the XBRL concept htld:ConcentrationOfRiskNumberOfCustomers.

The official record: Heartland Express’s 10-K, filed March 3, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Heartland Express's concentration of risk, number of customers?
Heartland Express (HTLD) reported concentration of risk, number of customers of 1.3 in Q4 2025.
How has Heartland Express's concentration of risk, number of customers changed year-over-year?
Heartland Express's concentration of risk, number of customers decreased by 0.0% year-over-year, from 1.3 to 1.3.
What is the long-term trend for Heartland Express's concentration of risk, number of customers?
Over 4 years (2021 to 2025), Heartland Express's concentration of risk, number of customers has grown at a 0.0% compound annual growth rate (CAGR), from 5 to 5.
What does concentration of risk, number of customers mean?
This measures the total count of key customers that represent a significant portion of the company's total revenue. A lower number indicates higher dependency on a few clients, which increases the risk of revenue volatility if a major contract is lost.