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
DateValue
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%