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% YoY from 0.74 in Q1 2025, and down 2.3% sequentially from 0.66 in Q4 2025.
Heartland Express (HTLD) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Heartland Express has disclosed Asset Utilization Ratio across 17 years of filings, most recently posting 0.64 for 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 fell to 0.64 in Q1 2026, from 0.66 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for HTLD reached as high as 0.81 in Q3 2023 and fell as low as 0.54 in Q3 2022.
- The 5-year median for Asset Utilization Ratio is 0.71 (2025), against an average of 0.71.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio decreased 15.76% — and 2023, when it surged 50.01%.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.57 in 2022, then jumped by 36.3% to 0.78 in 2023, then declined by 0.71% to 0.78 in 2024, then retreated by 15.36% to 0.66 in 2025, then decreased by 2.3% to 0.64 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.64, 0.66, and 0.68 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 1.05 |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 0.98 |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 1.01 |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 0.63 |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 0.92 |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 1.16 |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 1.75 |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 1.65 |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 1.00 |
| 10 | Heartland Express | 1.17 Bn | 1.13 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 |