Heartland Express, Inc. (HTLD) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 143.2M | 114.6M | 138.13M | 136.2M | 140.42M | 129.45M | 157.13M | 164.12M | 160.14M | 169.27M | 182.07M | 198.76M | 212.31M | 229.78M | 266.16M | 296.12M | 268.49M | 233.22M | 258.57M | 247.51M |
| Cash & Short-Term Investments | 44.49M | 18.48M | 32.69M | 22.88M | 23.87M | 12.81M | 30.74M | 23.86M | 23.82M | 28.12M | 20.4M | 46.25M | 55.51M | 50.21M | 65.72M | 172.78M | 187.99M | 157.74M | 180.37M | 167.24M |
| Cash Only | 44.49M | 18.48M | 32.69M | 22.88M | 23.87M | 12.81M | 30.74M | 23.86M | 23.82M | 28.12M | 20.4M | 46.25M | 55.51M | 50.21M | 65.72M | 172.78M | 187.99M | 157.74M | 180.37M | 167.24M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 77.84M | 75.32M | 80.76M | 87.78M | 94.99M | 93.65M | 101.25M | 113.59M | 113.06M | 112.9M | 131.43M | 122.9M | 126.17M | 142.96M | 166.15M | 98.81M | 62.78M | 56.91M | 58.54M | 59.29M |
| Days Sales Outstanding | 39.1 | 40.03 | 39.44 | 39.53 | 38.69 | 36.96 | 38.03 | 37.53 | 38.03 | 40.82 | 39.65 | 37.01 | 36.6 | 40.06 | 44.49 | 39.15 | 35.6 | 35.85 | 35.52 | 35.38 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 9.71M | 9.18M | 14.05M | 14.71M | 11.01M | 12.27M | 15.47M | 16.86M | 13.54M | 17.27M | 18.35M | 17.48M | 18.87M | 25.32M | 24.18M | 15.96M | 7.68M | 8.48M | 9.47M | 11.21M |
| Total Non-Current Assets | 1.04B | 1.08B | 1.12B | 1.16B | 1.2B | 1.2B | 1.2B | 1.25B | 1.29B | 1.34B | 1.39B | 1.4B | 1.4B | 1.44B | 1.44B | 817.09M | 678.63M | 695.32M | 699.71M | 709.47M |
| Property, Plant & Equipment | 630.4M | 668.87M | 691.51M | 733.16M | 772.94M | 772.27M | 770.23M | 814.23M | 855.6M | 902.79M | 937.59M | 941.61M | 955.98M | 994.21M | 992.4M | 539.6M | 471.98M | 487.92M | 491.06M | 500.38M |
| Fixed Asset Turnover | 0.27x | 0.26x | 0.28x | 0.28x | 0.28x | 0.31x | 0.33x | 0.33x | 0.31x | 0.30x | 0.31x | 0.32x | 0.34x | 0.36x | 0.36x | 0.37x | 0.32x | 0.30x | 0.31x | 0.30x |
| Goodwill | 322.6M | 322.6M | 322.6M | 322.6M | 322.6M | 322.6M | 322.6M | 322.6M | 322.6M | 322.6M | 322.6M | 320.68M | 320.68M | 322.51M | 316.8M | 208.8M | 168.29M | 168.29M | 168.29M | 168.29M |
| Intangible Assets | 68.26M | 69.51M | 89.76M | 91.01M | 92.25M | 93.52M | 94.77M | 96.03M | 97.26M | 98.54M | 99.8M | 101.1M | 102.41M | 101.87M | 103.3M | 49.23M | 21.76M | 22.36M | 22.95M | 23.55M |
| Long-Term Investments | 13.3M | 12.72M | 12.6M | 13.4M | 13.5M | 13.19M | 13.4M | 12.97M | 13.2M | 12.73M | 13.4M | 14.5M | 14.5M | 14.26M | 14.1M | 13.9M | 14.9M | 15.1M | 15.75M | 15.61M |
| Other Non-Current Assets | 1.93M | 3.32M | 2.11M | 2.09M | 2.04M | 2.22M | 2.17M | 2.19M | 2.27M | 2.22M | 18.58M | 18.46M | 5.14M | 5.63M | 6.84M | 5.55M | 1.69M | 1.66M | 1.65M | 1.64M |
| Total Assets | 1.18B | 1.19B | 1.26B | 1.3B | 1.34B | 1.33B | 1.36B | 1.41B | 1.45B | 1.51B | 1.58B | 1.6B | 1.61B | 1.67B | 1.7B | 1.11B | 947.11M | 928.54M | 958.28M | 956.99M |
| Asset Turnover | 0.15x | 0.15x | 0.15x | 0.16x | 0.16x | 0.18x | 0.19x | 0.19x | 0.18x | 0.18x | 0.19x | 0.19x | 0.20x | 0.21x | 0.19x | 0.18x | 0.16x | 0.16x | 0.16x | 0.16x |
| Asset Growth % | -12.18% | -10.69% | -7.63% | -8.07% | -7.42% | -11.62% | -13.59% | -11.48% | -9.92% | -9.57% | -7.41% | 43.43% | 70.26% | 79.8% | 77.57% | 16.32% | -0.24% | -2.38% | -0.15% | 2.85% |
| Total Current Liabilities | 112.56M | 110.16M | 121.44M | 143.62M | 155.5M | 119.56M | 134.72M | 133.84M | 127.47M | 123.48M | 142.12M | 147.94M | 146.56M | 156.76M | 159.82M | 126.35M | 77.54M | 71.59M | 117.04M | 77.22M |
| Accounts Payable | 40.68M | 33.48M | 40.77M | 54.01M | 62.4M | 35.37M | 41.62M | 40.02M | 35.7M | 37.78M | 60.27M | 61.05M | 47.49M | 62.71M | 59.45M | 28.8M | 20.28M | 20.54M | 14.43M | 18.95M |
| Days Payables Outstanding | 20.95 | 20.96 | 24.53 | 27.43 | 21.53 | 16.46 | 16.06 | 14.26 | 13.56 | 17.86 | 20.74 | 18.78 | 17.87 | 19.15 | 18.89 | 15.79 | 15.63 | 13.8 | 12.84 | 13.57 |
| Short-Term Debt | 1.86M | 5.71M | 9.89M | 14.6M | 15.63M | 15.16M | 15.52M | 15.66M | 16.73M | 18.56M | 16.65M | 22.03M | 24.19M | 25.95M | 30.39M | 24.17M | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 44.44M | 25.06M | 44.02M | 47.01M | 47.57M | 42.03M | 48.29M | 49.74M | 45.3M | 38.65M | 35.27M | 34.6M | 33.72M | 37.13M | 34.67M | 32.27M | 29.64M | 29.64M | 73.74M | 33.17M |
| Current Ratio | 1.27x | 1.04x | 1.14x | 0.95x | 0.90x | 1.08x | 1.17x | 1.23x | 1.26x | 1.37x | 1.28x | 1.34x | 1.45x | 1.47x | 1.67x | 2.34x | 3.46x | 3.26x | 2.21x | 3.21x |
| Quick Ratio | 1.27x | 1.04x | 1.14x | 0.95x | 0.90x | 1.08x | 1.17x | 1.23x | 1.26x | 1.37x | 1.28x | 1.34x | 1.45x | 1.47x | 1.67x | 2.34x | 3.46x | 3.26x | 2.21x | 3.21x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 319.33M | 326.13M | 360.55M | 369.01M | 381.49M | 392.03M | 400.98M | 442.83M | 476.23M | 520.91M | 572.28M | 575.78M | 599.33M | 657.25M | 700.88M | 168.95M | 127.04M | 129.85M | 132.43M | 138M |
| Long-Term Debt | 149.89M | 154.06M | 177.55M | 182.89M | 187.61M | 187.91M | 192.11M | 219.31M | 244.5M | 279.69M | 319.87M | 320.04M | 335.2M | 380.43M | 425.04M | 8.62M | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 1.41M | 317K | 617K | 964K | 2.52M | 5.55M | 8.74M | 13.68M | 16.52M | 19.19M | 18.86M | 21.18M | 24.13M | 27.58M | 33.95M | 41.68M | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 131.36M | 133.63M | 141.28M | 144.46M | 150.38M | 158.37M | 163.77M | 173.2M | 179.85M | 189.12M | 195.3M | 194.41M | 199.12M | 207.52M | 199.02M | 77.26M | 88.23M | 89.97M | 87.22M | 90.47M |
| Other Non-Current Liabilities | 36.67M | 38.13M | 41.1M | 40.7M | 40.98M | 40.2M | 36.36M | 36.65M | 35.36M | 32.91M | 38.25M | 40.14M | 40.87M | 41.72M | 42.87M | 41.39M | 38.81M | 39.88M | 45.21M | 47.53M |
| Total Liabilities | 431.89M | 436.3M | 481.99M | 512.63M | 536.99M | 511.59M | 535.7M | 576.67M | 603.7M | 644.39M | 714.39M | 723.73M | 745.89M | 814.01M | 860.7M | 295.3M | 204.59M | 201.44M | 249.46M | 215.22M |
| Total Debt | 153.16M | 161.42M | 188.05M | 198.45M | 205.76M | 208.61M | 216.38M | 248.65M | 277.75M | 317.44M | 355.38M | 363.26M | 383.53M | 433.96M | 489.38M | 74.47M | 0 | 0 | 0 | 0 |
| Net Debt | 108.67M | 142.94M | 155.36M | 175.57M | 181.89M | 195.8M | 185.64M | 224.79M | 253.62M | 289.32M | 335.28M | 317.01M | 328.02M | 384.5M | 424.55M | -98.31M | -187.09M | -157.74M | -180.37M | -167.24M |
| Debt / Equity | 0.20x | 0.21x | 0.24x | 0.25x | 0.25x | 0.25x | 0.26x | 0.30x | 0.33x | 0.37x | 0.41x | 0.42x | 0.44x | 0.51x | 0.58x | 0.09x | - | - | - | - |
| Debt / EBITDA | 6.24x | 7.57x | 7.58x | 7.56x | 8.25x | 5.36x | 5.72x | 5.36x | 8.65x | 5.13x | 8.14x | 5.63x | 5.37x | 5.65x | 7.04x | 0.58x | - | - | - | - |
| Net Debt / EBITDA | 4.43x | 6.70x | 6.26x | 6.69x | 7.29x | 5.03x | 4.91x | 4.84x | 7.90x | 4.68x | 7.68x | 4.91x | 4.60x | 5.01x | 6.11x | -0.76x | -4.09x | -3.01x | -3.08x | -3.14x |
| Interest Coverage | -1.40x | -9.00x | -2.41x | -4.13x | -4.76x | 0.36x | -1.62x | 0.12x | -2.64x | 1.86x | -1.18x | 2.75x | 3.85x | 4.39x | 15.04x | 605.26x | - | - | - | - |
| Total Equity | 749.03M | 755.32M | 775.63M | 786.74M | 807.73M | 822.6M | 825.75M | 836.77M | 848.79M | 865.26M | 861.13M | 872.94M | 866.62M | 855.48M | 840.89M | 817.9M | 742.53M | 727.1M | 708.82M | 741.77M |
| Equity Growth % | -7.27% | -8.18% | -6.07% | -5.98% | -4.84% | -4.93% | -4.11% | -4.14% | -2.06% | 1.14% | 2.41% | 6.73% | 16.71% | 17.66% | 18.63% | 10.26% | 2.78% | 0.38% | -1.79% | 5.57% |
| Book Value per Share | 9.67 | 9.75 | 10.01 | 10.08 | 10.28 | 10.44 | 10.52 | 10.59 | 10.73 | 10.94 | 10.90 | 11.04 | 10.97 | 10.83 | 10.65 | 10.36 | 9.40 | 9.21 | 8.93 | 9.28 |
| Total Shareholders' Equity | 749.03M | 755.32M | 775.63M | 786.74M | 807.73M | 822.6M | 825.75M | 836.77M | 848.79M | 865.26M | 861.13M | 872.94M | 866.62M | 855.48M | 840.89M | 817.9M | 742.53M | 727.1M | 708.82M | 741.77M |
| Common Stock | 907K | 907K | 907K | 907K | 907K | 907K | 907K | 907K | 907K | 907K | 907K | 907K | 907K | 907K | 907K | 907K | 907K | 907K | 907K | 907K |
| Retained Earnings | 959.03M | 965.4M | 986.4M | 996.23M | 1.01B | 1.02B | 1.03B | 1.04B | 1.04B | 1.06B | 1.06B | 1.07B | 1.06B | 1.05B | 1.04B | 1.01B | 939.57M | 924.38M | 905.62M | 922.25M |
| Treasury Stock | -213.51M | -213.97M | -214.59M | -213.48M | -205.12M | -205.56M | -205.98M | -206.83M | -200.04M | -200.27M | -200.62M | -200.73M | -201.16M | -201.24M | -202.06M | -202.09M | -202.16M | -202.32M | -202.03M | -185.92M |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |