Heartland Express Inc (HTLD) Operating Margin (2009 - 2026)
Heartland Express' Operating Margin came in at 8.99% for Q2 2026, up 14.89 percentage points from -5.90% a year earlier and up 10.86 percentage points from the prior quarter.
Heartland Express Inc (HTLD) Operating Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Heartland Express reported Operating Margin of -2.29%, up 1.30 percentage points year-over-year; for FY2025, it came in at -7.13%, down 5.19 percentage points from FY2024.
- Operating Margin has declined in each of the last three years, with a five-year change of -21.60 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was -1.93% in FY2024 (-5.44 pp), 3.51% in FY2023 (-15.95 pp), 19.46% in FY2022 (+2.10 pp) and 17.36% in FY2021 (+2.88 pp).
- The Q2 2026 figure represents the highest quarterly Operating Margin since Q3 2022.
- Year-over-year, Operating Margin increased in two of the last eight quarters, with an average year-over-year change of -0.68 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q2 2022 (a gain of 38.19 percentage points), and the weakest in Q2 2023 (a drop of 50.63 percentage points).
- Business Quant data shows HTLD's Operating Margin at -1.87% (Q1 2026), -12.74% (Q4 2025) and -3.69% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.99% |
| 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% |
Heartland Express Inc Operating Margin 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=operating-margin&ticker=HTLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=HTLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();