Heartland Express (HTLD) Operating Margin (2009 - 2026)
Heartland Express (HTLD) posted quarterly Operating Margin of 1.87% for Q1 2026, up 492.0% YoY from 0.32% in Q1 2025, and up 85.33% sequentially from 12.74% in Q4 2025.
Heartland Express (HTLD) Operating Margin (2009 - 2026) Analysis & Trends
Heartland Express has disclosed Operating Margin across 18 years of filings, most recently posting 1.87% for Q1 2026.
- In Q1 2026, Operating Margin rose 492.0% year-over-year to 1.87%; the TTM figure through Mar 2026 stood at 6.01% (down 393.0% YoY), while the FY2025 annual figure was 7.13%, down 519.0% from the prior year.
- Operating Margin improved to 1.87% in Q1 2026, from 12.74% in the prior quarter.
- Over the last five years, Operating Margin for HTLD reached as high as 55.93% in Q2 2022 and fell as low as 12.74% in Q4 2025.
- The 5-year median for Operating Margin is 0.1% (2024), against an average of 3.87%.
- Annual changes were most pronounced in 2022 — Operating Margin jumped 3819 bps — and 2023, when it slumped 5063 bps.
- A 5-year view of Operating Margin shows it stood at 7.37% in 2022, then plunged by 47 bps to 3.89% in 2023, then slumped by 89 bps to 0.42% in 2024, then sank by 3127 bps to 12.74% in 2025, then surged by 85 bps to 1.87% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 1.87%, 12.74%, and 3.69% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | -45.60% |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 23.78% |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 8.30% |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 1.54% |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 8.29% |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 2.39% |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | -1.96% |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 0.34% |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 0.49% |
| 10 | Heartland Express | 1.17 Bn | 1.13 Bn | 167.03 Mn | -1.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.87% |
| Dec 31, 2025 | -12.74% |
| Sep 30, 2025 | -3.69% |
| Jun 30, 2025 | -5.90% |
| Mar 31, 2025 | -6.79% |
| Dec 31, 2024 | 0.42% |
| Sep 30, 2024 | -2.75% |
| Jun 30, 2024 | 0.10% |
| Mar 31, 2024 | -5.32% |
| Dec 31, 2023 | 3.89% |
| Sep 30, 2023 | -2.52% |
| Jun 30, 2023 | 5.30% |
| Mar 31, 2023 | 6.92% |
| Dec 31, 2022 | 7.37% |
| Sep 30, 2022 | 12.68% |
| Jun 30, 2022 | 55.93% |
| Mar 31, 2022 | 14.80% |
| Dec 31, 2021 | 17.89% |
| Sep 30, 2021 | 21.80% |
| Jun 30, 2021 | 17.75% |