Heartland Express (HTLD) Gross Margin (2009 - 2026)
Heartland Express (HTLD) posted quarterly Gross Margin of 94.77% for Q1 2026, up 62.0% YoY from 58.5% in Q1 2025, and little changed sequentially from 94.33% in Q4 2025.
Heartland Express (HTLD) Gross Margin (2009 - 2026) Analysis & Trends
Heartland Express has disclosed Gross Margin across 18 years of filings, most recently posting 94.77% for Q1 2026.
- In Q1 2026, Gross Margin rose 62.0% year-over-year to 94.77%; the TTM figure through Mar 2026 stood at 91.6% (up 1540.0% YoY), while the FY2025 annual figure was 94.33%, up 1125.0% from the prior year.
- Gross Margin was little changed at 94.77% in Q1 2026, from 94.33% in the prior quarter.
- Over the last five years, Gross Margin for HTLD reached as high as 96.17% in Q1 2022 and fell as low as 44.92% in Q4 2024.
- The 5-year median for Gross Margin is 94.17% (2023), against an average of 86.58%.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 8142 bps — and 2025, when it surged 4942 bps.
- A 5-year view of Gross Margin shows it stood at 54.22% in 2022, then surged by 74 bps to 94.57% in 2023, then tumbled by 53 bps to 44.92% in 2024, then jumped by 110 bps to 94.33% in 2025, then climbed by 0 bps to 94.77% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 94.77%, 94.33%, and 94.42% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 49.44% |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 99.64% |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 79.82% |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 84.94% |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | - |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 91.13% |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 17.82% |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 95.31% |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 89.80% |
| 10 | Heartland Express | 1.17 Bn | 1.13 Bn | 167.03 Mn | 94.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 94.77% |
| Dec 31, 2025 | 94.33% |
| Sep 30, 2025 | 94.42% |
| Jun 30, 2025 | 83.98% |
| Mar 31, 2025 | 94.15% |
| Dec 31, 2024 | 44.92% |
| Sep 30, 2024 | 83.15% |
| Jun 30, 2024 | 82.89% |
| Mar 31, 2024 | 82.49% |
| Dec 31, 2023 | 94.57% |
| Sep 30, 2023 | 94.17% |
| Jun 30, 2023 | 94.66% |
| Mar 31, 2023 | 94.59% |
| Dec 31, 2022 | 54.22% |
| Sep 30, 2022 | 94.85% |
| Jun 30, 2022 | 93.48% |
| Mar 31, 2022 | 96.17% |
| Dec 31, 2021 | 135.64% |
| Sep 30, 2021 | 83.45% |
| Jun 30, 2021 | 96.62% |