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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 179.72 Bn | 171.97 Bn | - | 15.93% |
| 2 | Csx | 95.95 Bn | 91.18 Bn | - | 13.38% |
| 3 | United Parcel Service | 84.51 Bn | 61.36 Bn | 22.04 Bn | 11.55% |
| 4 | Canadian Pacific Kansas City | 81.84 Bn | 81.57 Bn | 57.15 Mn | 7.22% |
| 5 | Fedex | 76.69 Bn | 42.88 Bn | 18.84 Bn | 7.01% |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 9.77% |
| 7 | Delta Air Lines | 56.72 Bn | 38.90 Bn | - | 10.05% |
| 8 | Old Dominion Freight Line | 36.07 Bn | 34.91 Bn | 1.56 Bn | 29.43% |
| 9 | United Airlines Holdings | 35.51 Bn | -22.18 Bn | - | 8.46% |
| 10 | Heartland Express | 808.32 Mn | 634.46 Mn | 170.22 Mn | -0.77% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -0.77% |
| 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% |
API Access
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_KEYimport 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();