Heartland Express (HTLD) Asset Utilization Ratio (2010 - 2026)
Heartland Express (HTLD) posted quarterly Asset Utilization Ratio of 0.64 for Q1 2026, down 13.62% year-over-year from 0.74 in Q1 2025, and down 2.3% quarter-over-quarter from 0.66 in Q4 2025.
Heartland Express (HTLD) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Heartland Express (HTLD) has reported Asset Utilization Ratio for 17 consecutive years, with 0.64 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 13.62% year-over-year to 0.64; the TTM figure through Mar 2026 stood at 0.64 (down 13.62% YoY), while the FY2025 annual figure was 0.64, down 13.4% from the prior year.
- Asset Utilization Ratio slipped to 0.64 in Q1 2026 per HTLD's latest filing, from 0.66 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.81 in Q3 2023 and bottomed at 0.54 in Q3 2022.
- Historically, Asset Utilization Ratio has averaged 0.71 across 5 years, with a median of 0.71 in 2025.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio dropped 15.76% — and 2023, when it soared 50.01%.
- Heartland Express' Asset Utilization Ratio stood at 0.57 in 2022, then surged by 36.29% to 0.78 in 2023, then slipped by 0.7% to 0.78 in 2024, then retreated by 15.35% to 0.66 in 2025, then decreased by 2.3% to 0.64 in 2026.
- Business Quant data shows HTLD's Asset Utilization Ratio at 0.64 in Q1 2026, 0.66 in Q4 2025, and 0.68 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.90 Bn | 42.61 Bn | 1.52 Bn | 0.98 |
| 2 | Xpo | 23.22 Bn | 22.92 Bn | 1.89 Bn | 1.04 |
| 3 | TFI International | 11.64 Bn | 11.44 Bn | - | 1.08 |
| 4 | Knight-Swift Transportation Holdings | 11.60 Bn | 11.42 Bn | 1.77 Bn | 0.65 |
| 5 | Saia | 9.69 Bn | 9.61 Bn | - | 0.93 |
| 6 | Schneider National | 6.27 Bn | 5.74 Bn | 1.00 Bn | 1.17 |
| 7 | Rxo | 3.79 Bn | 3.78 Bn | 302.00 Mn | 1.81 |
| 8 | Arcbest | 3.14 Bn | 2.97 Bn | 1.14 Bn | 1.71 |
| 9 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | 1.01 |
| 10 | Heartland Express | 994.64 Mn | 932.26 Mn | 174.59 Mn | 0.63 |
Historic Data
Download 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 |