Heartland Express, Inc. (HTLD) quarterly cash flow statement — complete operating, investing & financing 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 |
|---|
| Cash from Operations | 23.15M | 14.94M | 27.53M | 21M | 25.84M | 37.79M | 35.59M | 39.99M | 30.98M | 40.82M | 27.2M | 30.81M | 66.44M | 82.16M | 54.04M | 20.91M | 37.59M | 27.72M | 32.92M | 27.34M |
| Operating CF Margin % | 13.14% | 8.33% | 14.01% | 9.98% | 11.78% | 15.58% | 13.7% | 14.55% | 11.46% | 14.82% | 9.22% | 10.06% | 20.08% | 23.15% | 19.73% | 11.14% | 24.85% | 18.71% | 21.57% | 17.74% |
| Operating CF Growth % | -10.41% | -60.46% | -22.66% | -47.49% | -16.57% | -7.42% | 30.88% | 29.78% | -53.38% | -50.32% | -49.68% | 47.33% | 76.74% | 196.36% | 64.17% | -23.51% | 6.1% | -39.55% | -33.13% | -37.43% |
| Net Income | -4.82M | -19.44M | -8.28M | -10.86M | -13.87M | -1.85M | -9.28M | -3.48M | -15.11M | 5.09M | -10.7M | 7.77M | 12.61M | 15.49M | 24.41M | 76.91M | 16.77M | 20.34M | 24.46M | 20.74M |
| Depreciation & Amortization | 35.16M | 37.37M | 38.74M | 41.46M | 41.63M | 43.93M | 44.95M | 46.14M | 46.5M | 51.12M | 51.11M | 48.34M | 48.47M | 50.64M | 34.79M | 24.31M | 23.31M | 25.95M | 25.31M | 25.99M |
| Stock-Based Compensation | 160K | 0 | 222K | 465K | 667K | 298K | 60K | 399K | 283K | 692K | 500K | 241K | 152K | 895K | 161K | 72K | 271K | 191K | 159K | 219K |
| Deferred Taxes | -2.15M | -8.09M | -3.18M | -5.88M | -8M | -5.18M | -9.28M | -6.55M | -9.18M | -6.18M | 1.54M | -4.78M | -8.66M | 241K | 14.88M | -10.96M | -1.74M | 2.75M | -3.25M | -1.98M |
| Other Non-Cash Items | -3.75M | 7.6M | -6.69M | -2.78M | -1.61M | -5.73M | -212K | -861K | 352K | -24.95M | -797K | -7.75M | -6.52M | -3.83M | -6.75M | -81.71M | -4.26M | -10.1M | -15.25M | -7.86M |
| Working Capital Changes | -1.45M | -2.5M | 6.72M | -1.41M | 7.03M | 6.33M | 9.36M | 4.35M | 8.12M | 15.04M | -14.49M | -13M | 20.39M | 18.73M | -13.46M | 12.3M | 3.24M | -11.4M | 1.49M | -9.78M |
| Change in Receivables | -3.67M | 5.82M | 5.7M | 9.3M | -3.37M | 8.4M | 8.9M | -981K | -5.19M | 11.21M | 526K | 11.7M | 13.65M | 23.23M | 7.4M | -1.83M | -8.77M | 5.73M | 752K | 1.28M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -157.16M | -149.64M |
| Change in Payables | 2.18M | -9.01M | -4.47M | -821K | 4.78M | -2.83M | -6.04M | 8.34M | 5.73M | -5.82M | -6.09M | -8.11M | -10.98M | 498K | -10.25M | 4.96M | 3.56M | -9.24M | -3.73M | -2.95M |
| Cash from Investing | 14.93M | -1.77M | -6.91M | -5.82M | -11.5M | -48.04M | 4.13M | -4.58M | 1.95M | 13.95M | -48.06M | -20.96M | -12.8M | -41.81M | -578.65M | -34.42M | -8.38M | -7.67M | -3.24M | -7.21M |
| Capital Expenditures | -18.02M | -59.14M | -39.68M | -33.79M | -23.56M | -83.31M | -10.98M | -10.55M | -4.7M | -31.73M | -68.84M | -65.87M | -42.15M | -68.75M | -41.26M | -28.53M | -22.03M | -39.43M | -45.63M | -37.84M |
| CapEx % of Revenue | 10.22% | 32.97% | 20.19% | 16.06% | 10.74% | 34.34% | 4.23% | 3.84% | 1.74% | 11.53% | 23.33% | 21.51% | 12.74% | 19.37% | 15.06% | 15.19% | 14.56% | 26.61% | 29.9% | 24.55% |
| Acquisitions | 32.93M | 57.25M | 0 | 0 | 0 | 0 | -12.58M | 0 | 6.65M | 0 | 0 | 0 | 0 | 26.37M | -553.8M | -122.05M | 13.65M | 31.76M | 42.39M | 30.88M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 18K | 112K | 32.77M | 27.97M | 12.06M | 35.27M | 27.7M | 5.96M | 0 | 45.69M | 20.79M | 44.91M | 29.35M | 570K | 16.41M | 116.16M | 0 | -10K | -7K | -252K |
| Cash from Financing | -11.51M | -27.28M | -11.64M | -16.23M | -3.01M | -7.9M | -32.44M | -35.66M | -36.72M | -47.43M | -6.75M | -19.14M | -47.37M | -55.66M | 417.67M | -2.72M | -41K | -43.33M | -16.48M | -1.61M |
| Debt Issued (Net) | -9.88M | -25.61M | -8.59M | -5.61M | -1.34M | -6.3M | -30.64M | -26.7M | -36.66M | -44.19M | -5.11M | -17.45M | -47.33M | -52.28M | 419.26M | -1.11M | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -77K | -35K | -1.43M | -8.93M | -96K | 7.28M | -225K | -7.28M | -63K | -77K | -58K | -114K | -41K | -215K | -9K | -25K | -41K | -603K | -16.4M | -14K |
| Dividends Paid | -1.55M | -1.55M | -1.55M | -1.57M | -1.57M | -1.57M | -13K | -1.58M | 0 | -3.16M | -1.58M | -1.58M | 0 | -3.16M | -1.58M | -1.58M | -1.58M | -42.67M | 0 | -1.6M |
| Share Repurchases | -77K | -35K | -1.43M | -8.93M | -96K | 7.38M | -225K | -7.38M | -63K | -77K | -58K | -114K | -41K | -215K | -9K | -25K | -41K | -603K | -16.4M | -14K |
| Other Financing | 0 | -87K | -67K | -115K | 0 | -7.3M | -1.56M | -95K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.58M | -57K | -80K | 0 |
| Net Change in Cash | 25.97M | -14.11M | 8.98M | -1.04M | 11.34M | -18.15M | 7.29M | -249K | -3.79M | 7.34M | -27.62M | -9.29M | 6.28M | -15.3M | -106.94M | -16.22M | 29.17M | -23.28M | 13.2M | 18.52M |
| Free Cash Flow | 5.13M | -44.2M | -12.15M | -12.79M | 2.29M | -45.52M | 24.61M | 29.44M | 26.28M | 9.08M | -41.65M | -35.05M | 24.29M | 13.41M | 12.79M | -7.62M | 15.56M | -11.7M | -12.71M | -10.49M |
| FCF Margin % | 2.91% | -24.64% | -6.18% | -6.08% | 1.04% | -18.76% | 9.47% | 10.72% | 9.72% | 3.3% | -14.12% | -11.45% | 7.34% | 3.78% | 4.67% | -4.06% | 10.29% | -7.9% | -8.33% | -6.81% |
| FCF Growth % | 124.68% | 2.91% | -149.38% | -143.45% | -91.3% | -601.26% | 159.09% | 183.99% | 8.18% | -32.3% | -425.71% | -360.09% | 56.08% | 214.61% | 200.61% | 27.38% | -39.4% | -318.75% | 60.07% | -446.96% |
| FCF per Share | 0.07 | -0.57 | -0.16 | -0.16 | 0.03 | -0.58 | 0.31 | 0.37 | 0.33 | 0.11 | -0.53 | -0.44 | 0.31 | 0.17 | 0.16 | -0.10 | 0.20 | -0.15 | -0.16 | -0.13 |
| FCF Conversion (FCF/Net Income) | -4.80x | -0.77x | -3.32x | -1.93x | -1.86x | -20.39x | -3.83x | -11.50x | -2.05x | 8.01x | -2.54x | 3.97x | 5.27x | 5.30x | 2.21x | 0.27x | 2.24x | 1.36x | 1.35x | 1.32x |
| Interest Paid | 2.52M | 2.84M | 3.24M | 2.92M | 3.17M | 3.45M | 3.64M | 5.37M | 5.29M | 5.67M | 5.17M | 5.48M | 6.12M | 5.39M | 830K | 159K | 0 | 0 | 0 | 0 |
| Taxes Paid | 168K | 2.37M | 130K | 0 | 0 | -4.17M | 4.17M | 0 | 0 | 997K | 3.4M | 25.51M | 232K | 11.31M | 4.38M | 28.17M | 142K | 12.06M | 8.74M | 14.89M |