Heartland Express (HTLD) Debt Ratio (2013 - 2026)
Heartland Express' Debt Ratio was 0.11 in Q2 2026, down 23.1% from 0.15 a year earlier and down 9.5% from the prior quarter.
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Analysis
Heartland Express (HTLD) Debt Ratio (2013 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Heartland Express came in at 0.13, down 10.9% from FY2024.
- Debt Ratio has now declined for three consecutive years.
- In earlier years, Debt Ratio was 0.15 in FY2024 (-24.3%), 0.20 in FY2023 (-19.7%) and 0.25 in FY2022.
- The Q2 2026 figure marks the lowest quarterly Debt Ratio since Q2 2022.
- Compared with a year earlier, Debt Ratio has declined for 12 straight quarters, with an average decline of 16.9% over the last eight quarters.
- Across the past five years, year-over-year decline in Debt Ratio ran from 2.9% in Q3 2025 to 30.4% in Q3 2024.
- Per Business Quant data, HTLD's Debt Ratio in the three quarters before Q2 2026 was 0.13 (Q1 2026), 0.13 (Q4 2025) and 0.15 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 0.43 |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 0.42 |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 0.28 |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 0.34 |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 0.37 |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 0.26 |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 0.17 |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 0.00 |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 0.00 |
| 10 | Heartland Express | 884.63 Mn | 726.59 Mn | - | 0.11 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.11 |
| Mar 31, 2026 | 0.13 |
| Dec 31, 2025 | 0.13 |
| Sep 30, 2025 | 0.15 |
| Jun 30, 2025 | 0.15 |
| Mar 31, 2025 | 0.15 |
| Dec 31, 2024 | 0.15 |
| Sep 30, 2024 | 0.15 |
| Jun 30, 2024 | 0.17 |
| Mar 31, 2024 | 0.18 |
| Dec 31, 2023 | 0.20 |
| Sep 30, 2023 | 0.22 |
| Jun 30, 2023 | 0.22 |
| Mar 31, 2023 | 0.23 |
| Dec 31, 2022 | 0.25 |
| Sep 30, 2022 | 0.27 |
| Jun 30, 2022 | 0.01 |
| Sep 30, 2019 | 0.02 |
| Dec 31, 2014 | 0.03 |
| Sep 30, 2014 | 0.03 |
API Access
Heartland Express Debt 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=debt-ratio&ticker=HTLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=HTLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();