Heartland Express Inc (HTLD) — Cash Flow Quality Index

Latest as of December 2023: 8.01x

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 HTLD strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

8.01x
Operating CF / Net Income

Operating Cash Flow

$40.82 Million
USD

Net Income

$5.09 Million
USD

Data as of

Dec 2023
Most recent filing

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. Check Heartland Express Inc (HTLD) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Heartland Express Inc (1989–2023)

Year-by-year earnings quality comparison for Heartland Express Inc. For live market cap and the full company financial profile, see Heartland Express Inc stock valuation.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.