Heartland Express (HTLD) Return on Invested Capital [ROIC] (2014 - 2026)
Heartland Express (HTLD) recorded Return on Invested Capital [ROIC] of -1.63% in Q2 2026, up 0.97 percentage points from -2.60% a year earlier and up 2.31 percentage points from the prior quarter.
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Analysis
Heartland Express (HTLD) Return on Invested Capital [ROIC] (2014 - 2026) Analysis & Trends
For FY2025, Heartland Express reported Return on Invested Capital [ROIC] of -4.56%, down 3.06 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has declined for three straight years, with a three-year change of -18.49 percentage points (FY2022 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at -1.50% in FY2024 (-4.09 pp), 2.59% in FY2023 (-11.33 pp) and 13.93% in FY2022.
- The Q2 2026 figure is the highest quarterly Return on Invested Capital [ROIC] since Q4 2024.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in 1 of the last eight quarters, with an average year-over-year change of -2.33 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 0.97 percentage points in Q2 2026, against a drop of 10.77 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -3.95% (Q1 2026), -4.71% (Q4 2025) and -2.67% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 179.72 Bn | 171.97 Bn | - | 15.71% |
| 2 | Csx | 95.95 Bn | 91.18 Bn | - | 12.59% |
| 3 | United Parcel Service | 84.51 Bn | 61.36 Bn | 22.04 Bn | 12.25% |
| 4 | Canadian Pacific Kansas City | 81.84 Bn | 81.57 Bn | 57.15 Mn | 5.96% |
| 5 | Fedex | 76.69 Bn | 42.88 Bn | 18.84 Bn | 7.49% |
| 6 | Norfolk Southern | 73.66 Bn | 68.13 Bn | - | 9.67% |
| 7 | Delta Air Lines | 56.72 Bn | 38.90 Bn | - | 10.82% |
| 8 | Old Dominion Freight Line | 36.07 Bn | 34.91 Bn | 1.56 Bn | 25.01% |
| 9 | United Airlines Holdings | 35.51 Bn | -22.18 Bn | - | 8.90% |
| 10 | Heartland Express | 808.32 Mn | 634.46 Mn | 170.22 Mn | -0.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -0.75% |
| Jun 30, 2026 | -1.63% |
| Mar 31, 2026 | -3.95% |
| Dec 31, 2025 | -4.71% |
| Sep 30, 2025 | -2.67% |
| Jun 30, 2025 | -2.60% |
| Mar 31, 2025 | -1.65% |
| Dec 31, 2024 | -1.60% |
| Sep 30, 2024 | -0.78% |
| Jun 30, 2024 | -0.76% |
| Mar 31, 2024 | 0.35% |
| Dec 31, 2023 | 2.66% |
| Sep 30, 2023 | 3.40% |
| Jun 30, 2023 | 6.04% |
| Mar 31, 2023 | 11.11% |
| Dec 31, 2022 | 10.79% |
| Sep 30, 2022 | 13.07% |
| Dec 31, 2015 | 15.15% |
| Sep 30, 2015 | 15.39% |
| Jun 30, 2015 | 16.92% |
API Access
Heartland Express Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=HTLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=HTLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();