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
DateValue
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