Heartland Express (HTLD) Debt to Equity (2013 - 2026)
Heartland Express (HTLD) posted quarterly Debt to Equity of $0.2 for Q1 2026, down 19.01% YoY from $0.25 in Q1 2025, and down 5.4% sequentially from $0.21 in Q4 2025.
Heartland Express (HTLD) Debt to Equity (2013 - 2026) Analysis & Trends
Heartland Express has disclosed Debt to Equity across 8 years of filings, most recently posting $0.2 for Q1 2026.
- In Q1 2026, Debt to Equity fell 19.01% year-over-year to $0.2; the TTM figure through Mar 2026 stood at $0.2 (down 19.01% YoY), while the FY2025 annual figure was $0.21, down 13.32% from the prior year.
- Debt to Equity slipped to $0.2 in Q1 2026, from $0.21 in the prior quarter.
- Over the last five years, Debt to Equity for HTLD reached as high as $0.55 in Q3 2022 and fell as low as $0.01 in Q2 2022.
- The 5-year median for Debt to Equity is $0.27 (2024), against an average of $0.3.
- Annual changes were most pronounced in 2023 — Debt to Equity surged 2890.62% — and 2024, when it plunged 37.3%.
- A 5-year view of Debt to Equity shows it stood at $0.48 in 2022, then retreated by 28.18% to $0.35 in 2023, then fell by 29.61% to $0.24 in 2024, then dropped by 13.32% to $0.21 in 2025, then declined by 5.4% to $0.2 in 2026.
- According to Business Quant data, Debt to Equity over the past three periods registered $0.2, $0.21, and $0.24 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | - |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 0.01 |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 1.77 |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 0.16 |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 0.04 |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 0.13 |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 0.30 |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 0.17 |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 0.65 |
| 10 | Heartland Express | 1.17 Bn | 1.13 Bn | 167.03 Mn | 0.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.20 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.25 |
| Dec 31, 2024 | 0.24 |
| Sep 30, 2024 | 0.25 |
| Jun 30, 2024 | 0.28 |
| Mar 31, 2024 | 0.31 |
| Dec 31, 2023 | 0.35 |
| Sep 30, 2023 | 0.40 |
| Jun 30, 2023 | 0.40 |
| Mar 31, 2023 | 0.42 |
| Dec 31, 2022 | 0.48 |
| Sep 30, 2022 | 0.55 |
| Jun 30, 2022 | 0.01 |
| Sep 30, 2019 | 0.02 |
| Dec 31, 2014 | 0.05 |
| Sep 30, 2014 | 0.05 |
| Jun 30, 2014 | 0.10 |