Stock Fundamentals

Company Information

Company Name
Heartland Express Inc
Sector
Industrials
Industry
Trucking
Exchange
NASDAQ
ISIN: US4223471040
CIK: 0000799233
CUSIP: 422347104
Currency: USD
Full Time Employees: 5,220
Phone: 319 645 7060
Fiscal Year End: December
IPO Date: Mar 26, 1990
Description:

Heartland Express, Inc., together with its subsidiaries, operates as a short, medium, and long-haul truckload carrier and transportation services provider in the United States, Mexico, and Canada. It primarily provides nationwide asset-based dry van truckload service for shippers; cross-border freight and other transportation services; and temperature-controlled truckload services. The company offers its services under the Heartland Express, Millis Transfer, Smith Transport, and CFI brand names. It primarily serves retailers, manufacturers, and parcel carriers in consumer goods, appliances, food products, and automotive industries. Heartland Express, Inc. was founded in 1978 and is headquartered in North Liberty, Iowa.

Address:

901 Heartland Way, North Liberty, IA, United States, 52317

Directors & Officers

Name Title Year Born
Mr. Michael J. Gerdin Chairman of the Board, President & CEO 1970
Mr. Christopher Alan Strain CPA VP of Finance, Treasurer & CFO 1975
Mr. Kent Daryl Rigdon Chief Operating Officer 1964
Mr. Joshua S. Helmich Chief Administrative Officer & Secretary 1977
Mr. David Paul Millis Millis Transfer President & Director 1960
Brian J. Janssen Vice President of Sales NA

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 6.65M Sep 30, 2025 8.59% $0.00 -4.28%
Dimensional Fund Advisors, Inc. 3.67M Dec 31, 2025 4.74% $0.01 -4.79%
Vanguard Group Inc 3.03M Dec 31, 2025 3.91% $0.00 -22.13%
Gate City Capital Management, LLC 2.19M Dec 31, 2025 2.83% $8.57 8.30%
State Street Corp 1.93M Sep 30, 2025 2.49% $0.00 -1.67%
American Century Companies Inc 1.64M Dec 31, 2025 2.12% $0.01 6.86%
Geode Capital Management, LLC 1.23M Sep 30, 2025 1.59% $0.00 -0.63%
Hotchkis & Wiley Capital Management LLC 1.15M Dec 31, 2025 1.48% $0.03 -0.37%
Charles Schwab Investment Management Inc 1.09M Dec 31, 2025 1.41% $0.00 17.99%
Wallace Capital Management, INC. 946.37K Dec 31, 2025 1.22% $1.03 65.59%
Two Sigma Investments LLC 845.67K Dec 31, 2025 1.09% $0.01 4.11%
Ameriprise Financial Inc 799.49K Sep 30, 2025 1.03% $0.00 150.62%
Two Sigma Advisers, LLC 743.60K Dec 31, 2025 0.96% $0.01 8.44%
Morgan Stanley - Brokerage Accounts 663.30K Sep 30, 2025 0.86% $0.00 -8.24%
Bridgeway Capital Management, LLC 552.06K Dec 31, 2025 0.71% $0.10 5.18%
Northern Trust Corp 461.70K Sep 30, 2025 0.60% $0.00 -6.50%
Arrowstreet Capital Limited Partnership 437.22K Dec 31, 2025 0.56% $0.00 53.01%
Bank of New York Mellon Corp 406.60K Sep 30, 2025 0.53% $0.00 -9.24%
The Goldman Sachs Group Inc 396.91K Sep 30, 2025 0.51% $0.00 74.28%
Citadel Advisors Llc 394.31K Sep 30, 2025 0.51% $0.00 285.06%

Shares Statistics

Shares Outstanding: 77.45M
Shares Float: 58.60M
% Insiders: 3,958.30%
% Institutions: 4,974.20%
Short % Float: 5.00%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 BlackRock Inc 6.65M 8.59% ▼ 4.28% Sep 30, 2025
2 Dimensional Fund Advisors, Inc. 3.67M 4.74% ▼ 4.79% Dec 31, 2025
3 Vanguard Group Inc 3.03M 3.91% ▼ 22.13% Dec 31, 2025
4 Gate City Capital Management, LLC 2.19M 2.83% ▲ 8.30% Dec 31, 2025
5 State Street Corp 1.93M 2.49% ▼ 1.67% Sep 30, 2025
6 American Century Companies Inc 1.64M 2.12% ▲ 6.86% Dec 31, 2025
7 Geode Capital Management, LLC 1.23M 1.59% ▼ 0.63% Sep 30, 2025
8 Hotchkis & Wiley Capital Management LLC 1.15M 1.48% ▼ 0.37% Dec 31, 2025
9 Charles Schwab Investment Management Inc 1.09M 1.41% ▲ 17.99% Dec 31, 2025
10 Wallace Capital Management, INC. 946.37K 1.22% ▲ 65.59% Dec 31, 2025

Valuation Metrics

Enterprise Value: $997.16M
Trailing P/E: 0.00
Forward P/E: 20.08

Financial Highlights

Market Cap: $854.25M
EBITDA: $100.58M
PEG Ratio: $2.23
Book Value: $9.75
Dividend/Share: $0.08
Dividend Yield: 0.72%
Earnings/Share: $-0.67
Profit Margin: -6.51%
Operating Margin: -19.53%
ROA (TTM): -3.06%
ROE (TTM): -6.65%
Revenue (TTM): $805.71M
Revenue/Share (TTM): $10.35
Earnings Growth (YOY): -66.10%
Revenue Growth (YOY): -26.10%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Download Financials (Excel)

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios (Yearly)

Financial Ratios (Quarterly)

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 1.04x 0.01x 0.37x -5.38x 0.07x
2024-12-31 1.08x 0.25x 0.38x -1.58x 1.27x
2023-12-31 1.37x 0.36x 0.43x 0.05x 1.27x
2022-12-31 1.47x 0.50x 0.49x 10.69x 1.32x
2021-12-31 3.26x 0.00x 0.22x 0.38x 0.00x
2020-12-31 2.72x 0.00x 0.24x 0.63x 0.00x
2019-12-31 2.39x 0.00x 0.24x 59.82x 0.00x
2018-12-31 3.59x 0.00x 0.24x 370.42x 0.00x
2017-12-31 2.27x 0.00x 0.27x 215.83x 0.00x
2016-12-31 3.08x 0.00x 0.31x N/A 0.00x
2015-12-31 2.06x 0.00x 0.36x 4,291.58x 0.00x
2014-12-31 2.20x 0.10x 0.37x 220.46x 0.20x
2013-12-31 1.63x 0.38x 0.45x 379.96x 0.83x
2012-12-31 4.22x 0.00x 0.38x N/A 0.00x
2011-12-31 4.67x 0.00x 0.35x N/A 0.00x
2010-12-31 3.96x 0.00x 0.34x N/A 0.00x
2009-12-31 2.65x 0.00x 0.33x N/A 0.00x
2008-12-31 1.32x 0.00x 0.35x N/A 0.00x
2007-12-31 2.91x 0.00x 0.35x N/A 0.00x
2006-12-31 3.53x 0.00x 0.26x N/A 0.00x
2005-12-31 3.94x 0.00x 0.24x N/A 0.00x
2004-12-31 4.00x 0.00x 0.25x N/A 0.00x
2003-12-31 3.42x 0.00x 0.26x N/A 0.00x
2002-12-31 3.18x 0.00x 0.26x N/A 0.00x
2001-12-31 3.45x 0.00x 0.26x N/A 0.00x
2000-12-31 3.14x 0.00x 0.27x N/A 0.00x
1999-12-31 2.98x 0.00x 0.29x N/A 0.00x
1998-12-31 3.36x 0.00x 0.27x N/A 0.00x
1997-12-31 2.47x 0.00x 0.32x N/A 0.00x
1996-12-31 2.35x 0.00x 0.35x N/A 0.00x
1995-12-31 1.97x 0.01x 0.38x N/A 0.00x
1994-12-31 1.07x 0.01x 0.43x N/A 0.01x
1993-12-31 2.43x 0.00x 0.29x N/A 0.00x
1992-12-31 2.05x 0.00x 0.31x N/A 0.00x
1991-12-31 2.51x 0.00x 0.29x N/A 0.00x
1990-12-31 1.82x 0.00x 0.28x N/A 0.00x
1989-12-31 2.48x 0.00x 0.27x N/A 0.00x
1988-12-31 3.60x 0.00x 0.26x N/A 0.00x
1987-12-31 2.91x 0.00x 0.26x N/A 0.00x
1986-12-31 4.33x 0.00x 0.23x N/A 0.00x
1985-12-31 0.76x 0.25x 0.48x N/A 0.24x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Aug 18, 2025 Michael J Gerdin N/A Purchase 24.80K $8.19 $203.10K
Aug 15, 2025 Michael J Gerdin N/A Purchase 3.89K $8.20 $31.88K
Aug 14, 2025 Michael J Gerdin N/A Purchase 1.31K $8.20 $10.77K
May 14, 2025 James G Pratt N/A Purchase 6.57K $8.96 $58.88K
May 12, 2025 Ann S. Gerdin Revocable Trust N/A Purchase 167.64K $8.95 $1.50M
May 09, 2025 Michael J Gerdin N/A Purchase 148.27K $8.50 $1.26M
May 07, 2025 Ann S. Gerdin Revocable Trust N/A Purchase 148.27K $7.70 $1.14M
May 05, 2025 Michael J Gerdin N/A Purchase 148.27K $7.85 $1.16M

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