Heartland Express (HTLD) Return on Capital Employed [ROCE] (2010 - 2026)
Heartland Express (HTLD) posted Return on Capital Employed [ROCE] of -1.59% for Q2 2026, up 1.25 percentage points from -2.84% a year earlier and up 2.68 percentage points from the prior quarter.
Heartland Express (HTLD) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Heartland Express' Return on Capital Employed [ROCE] came in at -4.98%, down 3.43 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has declined for three consecutive years, with a five-year change of -15.92 percentage points (FY2020 to FY2025).
- In prior years, Heartland Express' Return on Capital Employed [ROCE] was -1.55% in FY2024 (-4.44 pp), 2.89% in FY2023 (-13.60 pp), 16.49% in FY2022 (+4.35 pp) and 12.14% in FY2021 (+1.20 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Capital Employed [ROCE] since Q3 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in 1 of the last eight quarters, with an average year-over-year change of -2.56 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q2 2022, with a gain of 9.67 percentage points; the weakest was Q2 2023, with a drop of 13.85 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was -4.27% (Q1 2026), -5.15% (Q4 2025) and -2.90% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.79 Bn | 156.31 Bn | - | 15.69% |
| 2 | Csx | 86.21 Bn | 82.43 Bn | - | 12.29% |
| 3 | Canadian Pacific Kansas City | 74.26 Bn | 73.97 Bn | - | 6.84% |
| 4 | United Parcel Service | 70.36 Bn | 47.28 Bn | - | 11.61% |
| 5 | Norfolk Southern | 69.74 Bn | 64.38 Bn | - | 9.67% |
| 6 | Fedex | 67.91 Bn | 33.85 Bn | - | 7.01% |
| 7 | Delta Air Lines | 55.33 Bn | 37.51 Bn | - | 10.65% |
| 8 | Old Dominion Freight Line | 36.95 Bn | 36.21 Bn | - | 28.03% |
| 9 | United Airlines Holdings | 36.28 Bn | -20.09 Bn | - | 8.86% |
| 10 | Heartland Express | 900.10 Mn | 742.06 Mn | - | -1.59% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.59% |
| Mar 31, 2026 | -4.27% |
| Dec 31, 2025 | -5.15% |
| Sep 30, 2025 | -2.90% |
| Jun 30, 2025 | -2.84% |
| Mar 31, 2025 | -1.75% |
| Dec 31, 2024 | -1.65% |
| Sep 30, 2024 | -0.84% |
| Jun 30, 2024 | -0.84% |
| Mar 31, 2024 | 0.38% |
| Dec 31, 2023 | 2.99% |
| Sep 30, 2023 | 4.01% |
| Jun 30, 2023 | 6.87% |
| Mar 31, 2023 | 12.64% |
| Dec 31, 2022 | 12.32% |
| Sep 30, 2022 | 15.13% |
| Jun 30, 2022 | 20.72% |
| Mar 31, 2022 | 12.73% |
| Dec 31, 2021 | 12.09% |
| Sep 30, 2021 | 12.21% |
Heartland Express Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=HTLD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=HTLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();