Heartland Express (HTLD) Gross Margin (2009 - 2026)
Heartland Express (HTLD) posted quarterly Gross Margin of 94.77% for Q1 2026, up 62.0% year-over-year from 58.5% in Q1 2025, and little changed quarter-over-quarter from 94.33% in Q4 2025.
Heartland Express (HTLD) Gross Margin (2009 - 2026) Analysis & Trends
Heartland Express (HTLD) has reported Gross Margin for 18 consecutive years, with 94.77% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 62.0% year-over-year to 94.77%; the TTM figure through Mar 2026 stood at 94.49% (down 6.0% YoY), while the FY2025 annual figure was 94.33%, down 21.0% from the prior year.
- Gross Margin held at 94.77% in Q1 2026 per HTLD's latest filing, from 94.33% in the prior quarter.
- Across five years, Gross Margin topped out at 96.17% in Q1 2022 and bottomed at 93.48% in Q2 2022.
- Historically, Gross Margin has averaged 94.55% across 5 years, with a median of 94.44% in 2025.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 314 bps — and 2023, when it surged 117 bps.
- Heartland Express' Gross Margin stood at 94.57% in 2022, then increased by 0 bps to 94.57% in 2023, then slipped by 0 bps to 94.4% in 2024, then retreated by 0 bps to 94.33% in 2025, then grew by 0 bps to 94.77% in 2026.
- Business Quant data shows HTLD's Gross Margin at 94.77% in Q1 2026, 94.33% in Q4 2025, and 94.42% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.49 Bn | 42.21 Bn | 1.52 Bn | 97.83% |
| 2 | Xpo | 23.08 Bn | 22.78 Bn | 1.89 Bn | 80.30% |
| 3 | TFI International | 11.47 Bn | 11.26 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 11.33 Bn | 11.14 Bn | 1.77 Bn | 84.63% |
| 5 | Saia | 9.61 Bn | 9.53 Bn | - | - |
| 6 | Schneider National | 6.15 Bn | 5.63 Bn | 1.00 Bn | 63.86% |
| 7 | Rxo | 3.68 Bn | 3.66 Bn | 302.00 Mn | 17.02% |
| 8 | Arcbest | 3.03 Bn | 2.86 Bn | 1.14 Bn | 95.93% |
| 9 | Werner Enterprises | 2.28 Bn | 2.23 Bn | - | - |
| 10 | Heartland Express | 957.87 Mn | 895.49 Mn | 174.59 Mn | 94.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 94.82% |
| Mar 31, 2026 | 94.77% |
| Dec 31, 2025 | 94.33% |
| Sep 30, 2025 | 94.42% |
| Jun 30, 2025 | 94.44% |
| Mar 31, 2025 | 94.15% |
| Dec 31, 2024 | 94.40% |
| Sep 30, 2024 | 94.41% |
| Jun 30, 2024 | 95.11% |
| Mar 31, 2024 | 94.22% |
| Dec 31, 2023 | 94.57% |
| Sep 30, 2023 | 94.17% |
| Jun 30, 2023 | 94.66% |
| Mar 31, 2023 | 94.59% |
| Dec 31, 2022 | 94.57% |
| Sep 30, 2022 | 94.85% |
| Jun 30, 2022 | 93.48% |
| Mar 31, 2022 | 96.17% |
| Dec 31, 2021 | 96.47% |
| Sep 30, 2021 | 96.45% |