Heartland Express Inc (HTLD) — Cash Flow Quality Index
Heartland Express Inc (HTLD) has a Cash Flow Quality Index of 8.01x as of December 2023. Operating cash flow of $40.82 Million exceeds net income of $5.09 Million, indicating high earnings quality where cash backs reported profits. Explore Heartland Express Inc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Heartland Express Inc Cash Flow Quality Index (1989–2023)
Historical Cash Flow Quality Index for Heartland Express Inc across 35 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Heartland Express Inc (HTLD) cash flow conversion.
Annual Cash Flow Quality Index for Heartland Express Inc (1989–2023)
Year-by-year earnings quality comparison for Heartland Express Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 11.19x | $165.27 Million | $14.78 Million | ▲ +667.4% |
| 2022 | 1.46x | $194.71 Million | $133.58 Million | ▼ -6.4% |
| 2021 | 1.56x | $123.42 Million | $79.28 Million | ▼ -38.4% |
| 2020 | 2.53x | $178.85 Million | $70.81 Million | ▲ +25.9% |
| 2019 | 2.01x | $146.37 Million | $72.97 Million | ▼ -0.5% |
| 2018 | 2.02x | $146.54 Million | $72.68 Million | ▲ +38.4% |
| 2017 | 1.46x | $109.54 Million | $75.17 Million | ▼ -47.3% |
| 2016 | 2.76x | $155.78 Million | $56.39 Million | ▲ +6.0% |
| 2015 | 2.61x | $190.47 Million | $73.06 Million | ▲ +28.3% |
| 2014 | 2.03x | $172.45 Million | $84.83 Million | ▲ +29.0% |
| 2013 | 1.58x | $111.23 Million | $70.58 Million | ▼ -5.1% |
| 2012 | 1.66x | $102.17 Million | $61.54 Million | ▲ +17.2% |
| 2011 | 1.42x | $99.08 Million | $69.93 Million | ▼ -10.6% |
| 2010 | 1.58x | $98.61 Million | $62.22 Million | ▼ -10.7% |
| 2009 | 1.78x | $101.10 Million | $56.95 Million | ▲ +2.0% |
| 2008 | 1.74x | $121.81 Million | $69.97 Million | ▲ +10.9% |
| 2007 | 1.57x | $119.60 Million | $76.17 Million | ▲ +6.9% |
| 2006 | 1.47x | $128.07 Million | $87.17 Million | ▲ +0.7% |
| 2005 | 1.46x | $104.94 Million | $71.91 Million | ▼ -12.0% |
| 2004 | 1.66x | $103.52 Million | $62.45 Million | ▼ -2.3% |
| 2003 | 1.70x | $97.08 Million | $57.22 Million | ▲ +7.0% |
| 2002 | 1.59x | $67.88 Million | $42.81 Million | ▼ -2.5% |
| 2001 | 1.63x | $61.25 Million | $37.66 Million | ▲ +11.8% |
| 2000 | 1.45x | $49.91 Million | $34.30 Million | ▲ +5.7% |
| 1999 | 1.38x | $45.61 Million | $33.12 Million | ▼ -13.5% |
| 1998 | 1.59x | $52.74 Million | $33.11 Million | ▲ +2.4% |
| 1997 | 1.55x | $46.76 Million | $30.07 Million | ▼ -19.4% |
| 1996 | 1.93x | $48.31 Million | $25.03 Million | ▲ +4.3% |
| 1995 | 1.85x | $38.11 Million | $20.59 Million | ▼ -56.1% |
| 1994 | 4.22x | $42.60 Million | $10.10 Million | ▲ +132.5% |
| 1993 | 1.81x | $25.40 Million | $14.00 Million | ▲ +6.3% |
| 1992 | 1.71x | $19.80 Million | $11.60 Million | ▼ -15.1% |
| 1991 | 2.01x | $18.10 Million | $9.00 Million | ▲ +17.4% |
| 1990 | 1.71x | $12.50 Million | $7.30 Million | ▲ +6.1% |
| 1989 | 1.61x | $9.20 Million | $5.70 Million | — |