HTLD · Heartland Express Inc · Financials
5 customers — 32% of revenue (the year ended December 31, 2025)
“Our five largest customers accounted for approximately 32%, 26%, and 22% of operating revenues for the years ended December 31, 2025, 2024, and 2023, respectively.”
One customer — 10% of revenue (the year ended December 31, 2025)
“There was one customer that exceeded 10% of operating revenues for the year ended December 31, 2025.”
5 customers — 26% of revenue (the year ended December 31, 2024)
“Our five largest customers accounted for approximately 32%, 26%, and 22% of operating revenues for the years ended December 31, 2025, 2024, and 2023, respectively.”
5 customers — 29% of receivables (as of December 31, 2025)
“Our five largest customers accounted for approximately 29% of gross accounts receivable as of December 31, 2025 and 2024.”
One customer — 10% of receivables (as of December 31, 2025)
“This customer had accounts receivable of $8.9 million as of December 31, 2025 and was the only customer that exceeded 10% of gross accounts receivable.”
5 customers — 29% of receivables (as of December 31, 2024)
“Our five largest customers accounted for approximately 29% of gross accounts receivable as of December 31, 2025 and 2024.”
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $736.28M | $805.71M | $1.05B | $1.21B | $968M | $607.28M | $645.26M | $596.82M | $610.8M | $607.34M | $612.94M | $736.35M | $871.36M | $582.26M | $545.75M | $528.62M | $499.52M | $459.54M | $625.6M | |
| $5M | $5M | $5M | $5.2M | $3.7M | $2.4M | $2.4M | $2.7M | $2.5M | $2.9M | $1.92M | $2.37M | $2.37M | — | — | — | — | — | — | |
| $143.57M | $159.2M | $181.52M | $199.04M | $133.05M | $104.23M | $110.38M | $100.93M | $101.33M | $103.91M | $105.58M | $111.85M | $109.63M | $69.65M | $57.82M | $57.88M | $61.95M | $58.73M | — | |
| $753.13M | $863.12M | $1.07B | $1.17B | $779.64M | $501.88M | $551.84M | $502.54M | $521.02M | $543.79M | $527.37M | $619.77M | $739.49M | $469.96M | $450.84M | $422.07M | $408.07M | $380.58M | $527.65M | |
| -$16.84M | -$57.41M | -$20.24M | $42.39M | $188.36M | $105.41M | $93.42M | $94.28M | $89.79M | $63.54M | $85.57M | $116.58M | $131.87M | $112.3M | $94.9M | $106.56M | $91.45M | $78.96M | $97.95M | |
| — | -7.13% | -1.93% | 3.51% | 19.46% | 17.36% | 14.48% | 15.8% | 14.7% | 10.46% | 13.96% | 15.83% | 15.13% | 19.29% | 17.39% | 20.16% | 18.31% | 17.18% | 15.66% | |
| $126.73M | $101.79M | $161.29M | $241.42M | $321.41M | $209.64M | $203.8M | $195.21M | $191.12M | $167.45M | $191.15M | $228.43M | $241.5M | $181.95M | $152.72M | $164.43M | $153.4M | $137.69M | — | |
| $1.02M | $774K | $1.14M | $1.66M | $1.29M | $640K | $842K | $3.96M | $2.13M | $1.13M | $481K | $210K | $195K | $462K | $674K | $773K | $1.42M | $2.34M | $9.13M | |
| — | — | — | $25.6M | $73.2M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| -$25.33M | -$68.13M | -$36.68M | $19.85M | $181.09M | $106.05M | $94.26M | $97.18M | $91.92M | $64.5M | $86.05M | $116.77M | $131.62M | $112.56M | $95.58M | $107.33M | $92.87M | $81.3M | $107.08M | |
| -$3.37M | -$15.68M | -$6.95M | $5.08M | $47.51M | $26.77M | $23.46M | $24.21M | $19.24M | -$10.68M | $29.66M | $43.72M | $46.78M | $41.97M | $34.03M | $37.4M | $30.66M | $24.35M | $37.11M | |
| -$21.96M | -$52.45M | -$29.72M | $14.78M | $133.58M | $79.28M | $70.81M | $72.97M | $72.68M | $75.17M | $56.39M | $73.06M | $84.83M | $70.58M | $61.54M | $69.93M | $62.22M | $56.95M | $69.97M | |
| — | -6.51% | -2.84% | 1.22% | 13.8% | 13.05% | 10.97% | 12.23% | 11.9% | 12.38% | 9.2% | 9.92% | 9.74% | 12.12% | 11.28% | 13.23% | 12.46% | 12.39% | 11.18% | |
| -$21.96M | -$52.45M | -$29.72M | $14.78M | $133.58M | $79.28M | $70.81M | $72.97M | $72.68M | $75.17M | $56.39M | $73.06M | $84.83M | $71.87M | $63.34M | $69.93M | $64.46M | — | — | |
| USD/shares | -$0.27 | -$0.67 | -$0.38 | $0.19 | $1.69 | $1.00 | $0.87 | $0.89 | $0.88 | $0.90 | $0.68 | $0.84 | $0.97 | $0.83 | $0.72 | $0.78 | $0.69 | $0.62 | $0.73 |
| USD/shares | -$0.27 | -$0.67 | -$0.38 | $0.19 | $1.69 | $1.00 | $0.87 | $0.89 | $0.88 | $0.90 | $0.68 | $0.84 | $0.96 | $0.83 | $0.71 | $0.78 | $0.69 | $0.62 | — |
| shares | — | 77.88M | 78.73M | 79.01M | 78.94M | 79.57M | 81.39M | 81.98M | 82.38M | 83.3M | 83.3M | 86.97M | 87.75M | 85.21M | 85.89M | 89.66M | 90.69M | 91.13M | 95.9M |
| shares | — | 77.94M | 78.78M | 79.08M | 78.97M | 79.61M | 81.44M | 82.02M | 82.41M | 83.34M | 83.37M | 87.11M | 87.92M | 85.44M | 86.2M | 89.67M | 90.69M | 91.13M | — |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $351.45M in buybacks, $163.1M in dividends.
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 9 similar-size Trucking companies (of 16 listed).