Heartland Express Inc (HTLD) — Net Asset Quality Index

Latest as of March 2026: 63.4%

Heartland Express Inc (HTLD) has a Net Asset Quality Index of 63.4% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.18 Billion minus total liabilities of $431.89 Million yields net assets of $749.03 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check HTLD asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

63.4%
Equity / Total Assets

Net Assets

$749.03 Million
USD

Total Assets

$1.18 Billion
USD

Total Liabilities

$431.89 Million
USD

Heartland Express Inc Net Asset Quality Index Over Time (1985–2025)

This chart shows how Heartland Express Inc's Net Asset Quality Index has evolved across 41 annual periods from 1985 to 2025. As of March 2026, the index stands at 63.4%, representing net assets of $749.03 Million against total assets of $1.18 Billion USD. See working capital to net assets of Heartland Express Inc to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Heartland Express Inc (1985–2025)

The table below presents the year-by-year Net Asset Quality Index for Heartland Express Inc from 1985 to 2025, covering 41 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see HTLD stock market capitalisation.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 63.4% $755.32 Million $1.19 Billion $436.30 Million ▲ +1.7 pp
2024 61.7% $822.60 Million $1.33 Billion $511.59 Million ▲ +4.3 pp
2023 57.3% $865.26 Million $1.51 Billion $644.39 Million ▲ +6.1 pp
2022 51.2% $855.48 Million $1.67 Billion $814.01 Million ▼ -27.1 pp
2021 78.3% $727.10 Million $928.54 Million $201.44 Million ▲ +2.2 pp
2020 76.2% $724.33 Million $951.18 Million $226.84 Million ▼ 0.0 pp
2019 76.2% $684.66 Million $898.93 Million $214.27 Million ▼ -0.2 pp
2018 76.4% $615.97 Million $806.21 Million $190.24 Million ▲ +3.6 pp
2017 72.8% $574.64 Million $789.13 Million $214.48 Million ▲ +4.3 pp
2016 68.5% $505.83 Million $738.23 Million $232.40 Million ▲ +4.7 pp
2015 63.8% $469.93 Million $736.03 Million $266.10 Million ▲ +1.1 pp
2014 62.7% $476.59 Million $759.99 Million $283.41 Million ▲ +7.8 pp
2013 54.9% $397.65 Million $724.84 Million $327.19 Million ▼ -7.2 pp
2012 62.1% $290.36 Million $467.74 Million $177.37 Million ▼ -2.7 pp
2011 64.8% $340.77 Million $525.67 Million $184.90 Million ▼ -1.2 pp
2010 66.0% $334.19 Million $506.04 Million $171.85 Million ▼ -0.7 pp
2009 66.7% $367.67 Million $551.16 Million $183.49 Million ▲ +2.2 pp
2008 64.6% $360.04 Million $557.71 Million $197.68 Million ▼ -0.6 pp
2007 65.1% $342.76 Million $526.29 Million $183.53 Million ▼ -8.9 pp
2006 74.0% $495.02 Million $669.07 Million $174.05 Million ▼ -1.6 pp
2005 75.5% $433.25 Million $573.51 Million $140.26 Million ▲ +0.2 pp
2004 75.3% $389.34 Million $517.01 Million $127.67 Million ▲ +1.1 pp
2003 74.2% $332.72 Million $448.41 Million $115.69 Million ▼ -0.2 pp
2002 74.4% $277.59 Million $373.11 Million $95.52 Million ▲ +0.3 pp
2001 74.1% $232.79 Million $314.24 Million $81.45 Million ▲ +1.3 pp
2000 72.8% $195.13 Million $268.06 Million $72.92 Million ▲ +1.9 pp
1999 70.9% $174.84 Million $246.49 Million $71.65 Million ▼ -1.8 pp
1998 72.8% $186.85 Million $256.83 Million $69.98 Million ▲ +4.6 pp
1997 68.2% $153.74 Million $225.47 Million $71.73 Million ▲ +3.6 pp
1996 64.6% $123.67 Million $191.50 Million $67.84 Million ▲ +2.2 pp
1995 62.4% $98.64 Million $158.15 Million $59.51 Million ▲ +5.1 pp
1994 57.3% $78.10 Million $136.40 Million $58.30 Million ▼ -13.4 pp
1993 70.7% $67.10 Million $94.90 Million $27.80 Million ▲ +1.7 pp
1992 69.0% $52.40 Million $75.90 Million $23.50 Million ▼ -2.4 pp
1991 71.4% $40.70 Million $57.00 Million $16.30 Million ▼ -0.5 pp
1990 71.9% $31.70 Million $44.10 Million $12.40 Million ▼ -0.8 pp
1989 72.7% $24.00 Million $33.00 Million $9.00 Million ▼ -0.8 pp
1988 73.6% $18.10 Million $24.60 Million $6.50 Million ▼ 0.0 pp
1987 73.6% $13.10 Million $17.80 Million $4.70 Million ▼ -3.0 pp
1986 76.6% $9.50 Million $12.40 Million $2.90 Million ▲ +24.3 pp
1985 52.3% $5.70 Million $10.90 Million $5.20 Million
pp = percentage points