Heartland Express, Inc. (HTLD)

Heartland Express Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,048	1,207	968	607.28	645.26
Revenue Growth (YoY)	-13.25%	24.74%	59.40%	-5.89%	8.12%
Cost of Revenue	765.28	873.65	641.25	379.41	393.15
Gross Profit	282.24	333.81	326.74	227.87	252.12
Selling, General & Admin	55.17	50.58	39.24	23.03	24.03
Other Operating Expenses	73.29	82.9	63.01	32.8	39.56
Operating Expenses	309.98	332.51	235.29	159.9	173.53
Operating Income	-27.74	1.3	91.45	67.97	78.59
Interest Expense	-17.58	-24.19	-8.56	-	-
Interest & Investment Income	1.14	1.66	1.29	0.64	0.84
EBT Excluding Unusual Items	-44.18	-21.23	84.19	68.61	79.43
Gain (Loss) on Sale of Assets	7.51	41.09	96.91	37.44	14.83
Pretax Income	-36.68	19.85	181.09	106.05	94.26
Income Tax Expense	-6.95	5.08	47.51	26.77	23.46
Net Income	-29.72	14.78	133.58	79.28	70.81
Net Income to Common	-29.72	14.78	133.58	79.28	70.81
Net Income Growth	-	-88.94%	68.50%	11.96%	-2.96%
Shares Outstanding (Basic)	79	79	79	80	81
Shares Outstanding (Diluted)	79	79	79	80	81
Shares Change (YoY)	-0.38%	0.13%	-0.80%	-2.25%	-0.71%
EPS (Basic)	-0.38	0.19	1.69	1.00	0.87
EPS (Diluted)	-0.38	0.19	1.69	1.00	0.87
EPS Growth	-	-88.94%	69.63%	14.52%	-2.25%
Free Cash Flow	34.81	-43.33	34.15	-9.22	-25.49
Free Cash Flow Per Share	0.44	-0.55	0.43	-0.12	-0.31
Dividend Per Share	0.080	0.080	0.080	0.080	0.080
Gross Margin	26.94%	27.65%	33.75%	37.52%	39.07%
Operating Margin	-2.65%	0.11%	9.45%	11.19%	12.18%
Profit Margin	-2.84%	1.22%	13.80%	13.05%	10.97%
Free Cash Flow Margin	3.32%	-3.59%	3.53%	-1.52%	-3.95%
EBITDA	153.78	200.34	224.5	172.2	188.97
EBITDA Margin	14.68%	16.59%	23.19%	28.36%	29.29%
D&A For EBITDA	181.52	199.04	133.05	104.23	110.38
EBIT	-27.74	1.3	91.45	67.97	78.59
EBIT Margin	-2.65%	0.11%	9.45%	11.19%	12.18%
Effective Tax Rate	-	25.58%	26.23%	25.24%	24.88%
Advertising Expenses	4.3	5.3	4.8	2.2	1.8

Updated Feb 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q