Heartland Express is a short-to-medium haul truckload carrier. The Company concentrates primarily on short- to medium-haul, asset-based dry van truckload services in regional markets near our terminals, where the average trip is approximately one day. It also offers primarily asset-based dry van service to the customers along with temperature-controlled truckload services.

Employee Rating

3.6More
TypePublic
HQNorth Liberty, US
Founded1978
Size (employees)3,800 (est)+6%
Websiteheartlandexpress.com
Heartland Express was founded in 1978 and is headquartered in North Liberty, US
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Key People/Management at Heartland Express

Michael Gerdin

Michael Gerdin

Chairman and CEO
Russell Gerdin

Russell Gerdin

Founder
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Heartland Express Office Locations

Heartland Express has an office in North Liberty
North Liberty, (HQ)
901 N Kansas Ave
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Heartland Express Financials and Metrics

Heartland Express Revenue

Heartland Express's revenue was reported to be $607.34 m in FY, 2017
USD

Revenue (Q3, 2018)

151.3m

Gross profit (Q3, 2018)

144.8m

Gross profit margin (Q3, 2018), %

95.7%

Net income (Q3, 2018)

19.1m

EBIT (Q3, 2018)

25.1m

Market capitalization (12-Dec-2018)

1.6b

Closing stock price (12-Dec-2018)

18.9

Cash (30-Sep-2018)

120.0m
Heartland Express's current market capitalization is $1.6 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

582.3m871.4m736.3m612.9m607.3m

Revenue growth, %

50%(15%)(17%)

Operating expense total

470.0m619.8m527.4m543.8m

Depreciation and amortization

68.9m111.0m105.6m103.7m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

130.6m224.5m226.8m217.1m187.5m191.7m182.5m162.8m160.8m149.3m129.9m129.6m182.1m156.7m155.8m151.3m

Cost of goods sold

6.6m6.5m

Gross profit

149.2m144.8m

Gross profit Margin, %

96%96%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

17.8m17.3m33.2m128.5m75.4m

Accounts Receivable

84.4m77.0m61.0m46.8m64.3m

Inventories

Current Assets

144.3m150.2m136.4m202.1m170.8m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

164.2m16.9m16.1m23.3m52.2m79.5m64.2m69.7m77.6m100.3m159.2m171.3m51.3m105.0m106.4m120.0m

Accounts Receivable

48.1m91.2m88.2m87.2m73.7m70.5m64.5m58.5m57.0m51.7m46.2m43.8m70.8m

Inventories

(5.9m)

Current Assets

246.3m147.7m150.7m151.9m195.3m196.7m185.2m149.7m162.7m176.7m237.6m252.4m171.7m209.2m196.2m216.2m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

70.6m84.8m73.1m56.4m75.2m

Depreciation and Amortization

69.6m109.6m111.8m105.6m103.9m

Inventories

904.0k(1.0m)4.3m5.0m

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

54.7m14.1m40.6m63.3m17.6m40.9m56.0m14.4m30.7m43.3m14.0m28.7m36.6m13.4m31.2m50.2m

Depreciation and Amortization

47.6m24.8m51.8m79.8m26.2m53.4m82.1m25.7m51.6m78.8m22.9m45.6m74.4m25.8m50.7m76.1m

Inventories

(5.9m)

Cash From Operating Activities

73.2m32.0m78.1m129.0m55.7m101.7m142.9m55.9m77.9m120.2m32.1m50.8m77.2m32.2m69.7m108.6m
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Heartland Express Operating Metrics

FY, 2014FY, 2015FY, 2016

Countries

2 2 2
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Heartland Express Online and Social Media Presence

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Heartland Express News and Updates

Heartland Express, Inc. Announces Participation in Upcoming Conferences

NORTH LIBERTY, Iowa, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq: HTLD) announced that on Tuesday, November 6, 2018, Mike Gerdin, Chief Executive Officer and Chris Strain, Chief Financial Officer, will present at Baird’s 2018 Global Industrials Conference at 12:00 pm (central…

Heartland Express Inc. Earns 15th Quest for Quality Award

NORTH LIBERTY, Iowa, Oct. 12, 2018 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (www.heartlandexpress.com) (HTLD) is pleased to announce it has been recognized with Logistics Management Magazine’s Quest for Quality Award.
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Heartland Express Company Life and Culture

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Heartland Express Frequently Asked Questions

  • When was Heartland Express founded?

    Heartland Express was founded in 1978.

  • Who are Heartland Express key executives?

    Heartland Express's key executives are Michael Gerdin and Russell Gerdin.

  • How many employees does Heartland Express have?

    Heartland Express has 3,800 employees.

  • What is Heartland Express revenue?

    Latest Heartland Express annual revenue is $607.3 m.

  • What is Heartland Express revenue per employee?

    Latest Heartland Express revenue per employee is $159.8 k.

  • Who are Heartland Express competitors?

    Competitors of Heartland Express include PeriShip, Yodel Delivery Network and Epic Freight Solutions.

  • Where is Heartland Express headquarters?

    Heartland Express headquarters is located at 901 N Kansas Ave, North Liberty.

  • Where are Heartland Express offices?

    Heartland Express has an office in North Liberty.

  • How many offices does Heartland Express have?

    Heartland Express has 1 office.