Heartland Express Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-29.72	14.78	133.58	79.28
Depreciation & Amortization	181.52	199.04	133.05	104.23
Loss (Gain) From Sale of Assets	-7.51	-41.09	-96.91	-37.44
Stock-Based Compensation	1.04	1.62	1.4	1.15
Other Operating Activities	-29.15	-17.01	2.77	-5.87
Change in Accounts Receivable	11.12	37.08	20.03	2.77
Change in Accounts Payable	5.2	-31	-1.23	-18.48
Change in Income Taxes	8.08	-7.21	1.17	-5.88
Change in Other Net Operating Assets	3.76	9.07	0.85	3.66
Operating Cash Flow	144.35	165.27	194.71	123.42
Operating Cash Flow Growth	-12.66%	-15.12%	57.77%	-30.99%
Capital Expenditures	-109.54	-208.6	-160.57	-132.64
Sale of Property, Plant & Equipment	62.99	137.32	172.75	130.18
Cash Acquisitions	-	-	-675.85	-
Other Investing Activities	0	3.41	0.41	-0.19
Investing Cash Flow	-46.54	-67.87	-663.26	-2.65
Long-Term Debt Issued	-	-	447.34	-
Long-Term Debt Repaid	-100.3	-114.08	-81.48	-
Net Debt Issued (Repaid)	-100.3	-114.08	365.87	-
Repurchase of Common Stock	-7.69	-0.29	-0.29	-32.27
Common Dividends Paid	-4.72	-6.32	-6.32	-6.37
Financing Cash Flow	-112.71	-120.69	359.26	-78.14
Net Cash Flow	-14.9	-23.29	-109.29	42.63
Free Cash Flow	34.81	-43.33	34.15	-9.22
Free Cash Flow Margin	3.32%	-3.59%	3.53%	-1.52%
Free Cash Flow Per Share	0.44	-0.55	0.43	-0.12
Cash Interest Paid	17.74	22.44	6.38	-
Cash Income Tax Paid	15.64	30.14	44.01	38.52
Levered Free Cash Flow	68.7	-8.97	-19.93	19.45
Unlevered Free Cash Flow	79.69	6.15	-14.59	19.45
Change in Working Capital	28.16	7.93	20.82	-17.93

Source: S&P Global Market Intelligence. Standard template. Financial Sources.