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Heartland Express HTLD Return on invested capital

Return on invested capital at other companies

JB Hunt Transport Services logo
JB Hunt Transport ServicesJBHT
14.3%+3.0pp
Werner Enterprises logo
Werner EnterprisesWERN
-1.2%-4.5pp
Knight-Swift Transportation Holdings Inc. logo
Knight-Swift Transportation Holdings Inc.KNX
1.5%-0.9pp
Schneider National logo
Schneider NationalSNDR
3.6%-0.4pp
Wabash National logo
Wabash NationalWNC
41.4%+27.5pp
XPO
XPOXPO
9.8%+1.1pp

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$947.7M+56.7%
Enterprise value$1.06B+33.8%
P/S1.2×+0.6×

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

Calculated from Heartland Express’s reported figures.

Based on trailing twelve months.

The source filing: Heartland Express’s 10-Q, filed May 11, 2026. Open the filing →

Filed
May 11, 2026, 4:37 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000799233-26-000028

FAQ

What is Heartland Express's return on invested capital?
Heartland Express (HTLD) reported return on invested capital of -6% in Q4 2025.
What is the long-term trend for Heartland Express's return on invested capital?
Over 2 years (2023 to 2025), Heartland Express's return on invested capital has grown at a 50.9% compound annual growth rate (CAGR), from 2.6% to -6%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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