Heartland Express (HTLD) EV to EBITDA (2010 - 2026)
Heartland Express' (HTLD) EV to EBITDA stood at 8.79 in Q2 2026, up 88.2% from 4.67 a year earlier and up 23.5% from the prior quarter.
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Analysis
Heartland Express (HTLD) EV to EBITDA (2010 - 2026) Analysis & Trends
On a TTM basis, Heartland Express' EV to EBITDA came in at 8.04 as of Jun 30, 2026, up 92.1% year-over-year; for FY2025, it was 6.69, up 24.3% from FY2024.
- Annual EV to EBITDA has increased for three straight years.
- Across earlier years, EV to EBITDA came in at 5.38 in FY2024 (+18.2%), 4.55 in FY2023 (+25.9%), 3.62 in FY2022 (-35.2%) and 5.58 in FY2021 (-15.5%).
- The Q2 2026 figure is the highest quarterly EV to EBITDA since Q4 2017.
- On a year-over-year basis, EV to EBITDA has increased for three consecutive quarters, with growth averaging 23.2% over the last eight quarters.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 88.2% in Q2 2026, against a decline of 44.5% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 7.12 (Q1 2026), 6.69 (Q4 2025) and 4.66 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn |
| 10 | Heartland Express | 884.63 Mn | 726.59 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.79 |
| Mar 31, 2026 | 7.12 |
| Dec 31, 2025 | 6.69 |
| Sep 30, 2025 | 4.66 |
| Jun 30, 2025 | 4.67 |
| Mar 31, 2025 | 4.49 |
| Dec 31, 2024 | 5.38 |
| Sep 30, 2024 | 5.24 |
| Jun 30, 2024 | 5.13 |
| Mar 31, 2024 | 4.55 |
| Dec 31, 2023 | 4.55 |
| Sep 30, 2023 | 4.45 |
| Jun 30, 2023 | 4.43 |
| Mar 31, 2023 | 3.46 |
| Dec 31, 2022 | 3.62 |
| Sep 30, 2022 | 3.58 |
| Jun 30, 2022 | 3.24 |
| Mar 31, 2022 | 4.40 |
| Dec 31, 2021 | 5.58 |
| Sep 30, 2021 | 5.17 |
API Access
Heartland Express EV to EBITDA 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=ev-to-ebitda&ticker=HTLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=HTLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();