Heartland Express (HTLD) Asset Utilization Ratio (2010 - 2026)
Heartland Express (HTLD) reported 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% on a QoQ basis from 0.66 in Q4 2025.
Heartland Express (HTLD) has 17 years of Asset Utilization Ratio data on file, last reported at 0.64 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 13.62% year-over-year to 0.64 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.64 (down 13.62% YoY) and the FY2025 annual result came in at 0.64, down 13.4% from the prior year.
- Asset Utilization Ratio declined 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.
- The 5-year median for Asset Utilization Ratio is 0.71 (2025), against an average of 0.71.
- The widest annual swing landed in 2022, when Asset Utilization Ratio fell 15.76%; it then soared 50.01% in 2023.
- Tracing HTLD's Asset Utilization Ratio over 5 years: stood at 0.57 in 2022, then surged by 36.3% to 0.78 in 2023, then slipped by 0.71% to 0.78 in 2024, then declined by 15.36% to 0.66 in 2025, then fell by 2.3% to 0.64 in 2026.
- Per Business Quant, the three latest HTLD Asset Utilization Ratio figures stand at 0.64 (Q1 2026), 0.66 (Q4 2025), and 0.68 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 47.65 Bn | 47.37 Bn | 1.33 Bn | 0.98 |
| 2 | Xpo | 25.84 Bn | 25.61 Bn | 1.67 Bn | 1.01 |
| 3 | Saia | 12.92 Bn | 12.88 Bn | - | 0.92 |
| 4 | Knight-Swift Transportation Holdings | 12.67 Bn | 12.61 Bn | 1.57 Bn | 0.63 |
| 5 | Schneider National | 6.38 Bn | 6.12 Bn | 1.27 Bn | 1.16 |
| 6 | Rxo | 4.55 Bn | 4.53 Bn | 254.00 Mn | 1.75 |
| 7 | Arcbest | 3.15 Bn | 3.06 Bn | 951.93 Mn | 1.65 |
| 8 | Werner Enterprises | 2.55 Bn | 2.51 Bn | 726.17 Mn | 1.00 |
| 9 | Marten Transport | 1.43 Bn | 1.38 Bn | 203.18 Mn | 0.92 |
| 10 | Heartland Express | 1.20 Bn | 1.16 Bn | 167.03 Mn | 0.64 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.66 |
| Mar 31, 2021 | 0.66 |
| Dec 31, 2020 | 0.68 |
| Sep 30, 2020 | 0.69 |
| Jun 30, 2020 | 0.70 |
| Mar 31, 2020 | 0.69 |
| Dec 31, 2019 | 0.65 |
| Sep 30, 2019 | 0.64 |
| Jun 30, 2019 | 0.69 |
| Mar 31, 2019 | 0.72 |
| Dec 31, 2018 | 0.75 |
| Sep 30, 2018 | 0.79 |
| Jun 30, 2018 | 0.82 |
| Mar 31, 2018 | 0.79 |
| Dec 31, 2017 | 0.77 |
| Sep 30, 2017 | 0.75 |
| Jun 30, 2017 | 0.73 |
| Mar 31, 2017 | 0.78 |
| Dec 31, 2016 | 0.83 |
| Sep 30, 2016 | 0.87 |
| Jun 30, 2016 | 0.93 |
| Mar 31, 2016 | 0.97 |
| Dec 31, 2015 | 0.98 |
| Sep 30, 2015 | 0.99 |
| Jun 30, 2015 | 1.02 |
| Mar 31, 2015 | 1.08 |
| Dec 31, 2014 | 1.15 |
| Sep 30, 2014 | 1.13 |
| Jun 30, 2014 | 1.04 |
| Mar 31, 2014 | 0.93 |
| Dec 31, 2013 | 0.92 |
| Sep 30, 2013 | 1.02 |
| Jun 30, 2013 | 1.05 |
| Mar 31, 2013 | 1.11 |
| Dec 31, 2012 | 1.08 |
| Sep 30, 2012 | 0.98 |
| Jun 30, 2012 | 0.98 |
| Mar 31, 2012 | 1.00 |
| Dec 31, 2011 | 0.99 |
| Sep 30, 2011 | 0.96 |
| Jun 30, 2011 | 0.96 |
| Mar 31, 2011 | 0.98 |
| Dec 31, 2010 | 0.91 |
| Sep 30, 2010 | 0.83 |