Heartland Express (HTLD) Asset Utilization Ratio (2010 - 2026)
Heartland Express' (HTLD) Asset Utilization Ratio was 0.63 for Q2 2026, down 11.4% from 0.71 a year earlier and down 2.8% from the prior quarter.
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Analysis
Heartland Express (HTLD) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Heartland Express was 0.64, down 13.4% from FY2024.
- By year, Asset Utilization Ratio came in at 0.74 in FY2024 (-3.0%), 0.76 in FY2023 (+1.9%), 0.75 in FY2022 (+15.3%) and 0.65 in FY2021 (-7.4%).
- The Q2 2026 figure ranks as the lowest quarterly Asset Utilization Ratio since Q4 2022.
- Year over year, Asset Utilization Ratio has now declined in each of the last nine quarters, with an average decline of 8.9% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q3 2023 (growth of 50.0%); the low point was Q3 2022 (a decline of 15.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.64 (Q1 2026), 0.66 (Q4 2025) and 0.68 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 0.36 |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 0.33 |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 0.17 |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 1.26 |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 0.28 |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 0.98 |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 0.80 |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 0.98 |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 0.82 |
| 10 | Heartland Express | 884.63 Mn | 726.59 Mn | - | 0.63 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.63 |
| Mar 31, 2026 | 0.64 |
| Dec 31, 2025 | 0.66 |
| Sep 30, 2025 | 0.68 |
| Jun 30, 2025 | 0.71 |
| Mar 31, 2025 | 0.74 |
| Dec 31, 2024 | 0.78 |
| Sep 30, 2024 | 0.78 |
| Jun 30, 2024 | 0.78 |
| Mar 31, 2024 | 0.77 |
| Dec 31, 2023 | 0.78 |
| Sep 30, 2023 | 0.81 |
| Jun 30, 2023 | 0.79 |
| Mar 31, 2023 | 0.70 |
| Dec 31, 2022 | 0.57 |
| Sep 30, 2022 | 0.54 |
| Jun 30, 2022 | 0.62 |
| Mar 31, 2022 | 0.65 |
| Dec 31, 2021 | 0.64 |
| Sep 30, 2021 | 0.64 |
API Access
Heartland Express Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HTLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HTLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HTLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();