Heartland Express Inc (HTLD) - Total Assets
Based on the latest financial reports, Heartland Express Inc (HTLD) holds total assets worth $1.18 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check HTLD capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Heartland Express Inc - Total Assets Trend (1985–2025)
This chart illustrates how Heartland Express Inc's total assets have evolved over time, based on quarterly financial data. Explore Heartland Express Inc (HTLD) investment intensity to see how much of total assets are deployed in long-term investments.
Heartland Express Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Heartland Express Inc's total assets of $1.18 Billion consist of 9.6% current assets and 90.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.6% |
| Accounts Receivable | $75.32 Million | 6.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $69.51 Million | 5.8% |
| Goodwill | $322.60 Million | 27.1% |
Asset Composition Trend (1985–2025)
This chart illustrates how Heartland Express Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see HTLD company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Heartland Express Inc's current assets represent 9.6% of total assets in 2025, a decrease from 20.2% in 1985.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2025, down from 5.5% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 32.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is goodwill at 27.1% of total assets.
Heartland Express Inc Competitors by Total Assets
Key competitors of Heartland Express Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Saia Inc
NASDAQ:SAIA
|
USA | $3.48 Billion |
|
Samil Co.Ltd
KQ:032280
|
Korea | ₩106.14 Billion |
|
Lindsay Australia Ltd
AU:LAU
|
Australia | AU$751.88 Million |
|
Tegma Gestão Logística S.A
SA:TGMA3
|
Brazil | R$1.40 Billion |
|
TFI International Inc
TO:TFII
|
Canada | CA$7.49 Billion |
|
Mullen Group Ltd.
TO:MTL
|
Canada | CA$2.57 Billion |
|
Shanghai Qiangsheng Holding Co Ltd
SHG:600662
|
China | CN¥15.91 Billion |
|
Dazhong Transportation Group Co Ltd A
SHG:600611
|
China | CN¥19.32 Billion |
Heartland Express Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.27 | 0.90 | 3.21 |
| Quick Ratio | 1.27 | 0.90 | 3.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $30.64 Million | $-15.08 Million | $170.29 Million |
Heartland Express Inc - Advanced Valuation Insights
This section examines the relationship between Heartland Express Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.63 |
| Latest Market Cap to Assets Ratio | 1.00 |
| Asset Growth Rate (YoY) | -10.7% |
| Total Assets | $1.19 Billion |
| Market Capitalization | $1.19 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Heartland Express Inc's assets close to their book value (1.00x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Heartland Express Inc's assets decreased by 10.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Heartland Express Inc (1985–2025)
The table below shows the annual total assets of Heartland Express Inc from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $1.19 Billion | -10.69% |
| 2024-12-31 | $1.33 Billion | -11.62% |
| 2023-12-31 | $1.51 Billion | -9.57% |
| 2022-12-31 | $1.67 Billion | +79.80% |
| 2021-12-31 | $928.54 Million | -2.38% |
| 2020-12-31 | $951.18 Million | +5.81% |
| 2019-12-31 | $898.93 Million | +11.50% |
| 2018-12-31 | $806.21 Million | +2.17% |
| 2017-12-31 | $789.13 Million | +6.89% |
| 2016-12-31 | $738.23 Million | +0.30% |
| 2015-12-31 | $736.03 Million | -3.15% |
| 2014-12-31 | $759.99 Million | +4.85% |
| 2013-12-31 | $724.84 Million | +54.97% |
| 2012-12-31 | $467.74 Million | -11.02% |
| 2011-12-31 | $525.67 Million | +3.88% |
| 2010-12-31 | $506.04 Million | -8.19% |
| 2009-12-31 | $551.16 Million | -1.17% |
| 2008-12-31 | $557.71 Million | +5.97% |
| 2007-12-31 | $526.29 Million | -21.34% |
| 2006-12-31 | $669.07 Million | +16.66% |
| 2005-12-31 | $573.51 Million | +10.93% |
| 2004-12-31 | $517.01 Million | +15.30% |
| 2003-12-31 | $448.41 Million | +20.18% |
| 2002-12-31 | $373.11 Million | +18.73% |
| 2001-12-31 | $314.24 Million | +17.23% |
| 2000-12-31 | $268.06 Million | +8.75% |
| 1999-12-31 | $246.49 Million | -4.02% |
| 1998-12-31 | $256.83 Million | +13.91% |
| 1997-12-31 | $225.47 Million | +17.73% |
| 1996-12-31 | $191.50 Million | +21.09% |
| 1995-12-31 | $158.15 Million | +15.94% |
| 1994-12-31 | $136.40 Million | +43.73% |
| 1993-12-31 | $94.90 Million | +25.03% |
| 1992-12-31 | $75.90 Million | +33.16% |
| 1991-12-31 | $57.00 Million | +29.25% |
| 1990-12-31 | $44.10 Million | +33.64% |
| 1989-12-31 | $33.00 Million | +34.15% |
| 1988-12-31 | $24.60 Million | +38.20% |
| 1987-12-31 | $17.80 Million | +43.55% |
| 1986-12-31 | $12.40 Million | +13.76% |
| 1985-12-31 | $10.90 Million | -- |
About Heartland Express Inc
Heartland Express, Inc., together with its subsidiaries, provides short, medium, and long-haul truckload carrier and transportation services in the United States, Mexico, and Canada. It primarily provides nationwide asset-based dry van truckload services for shippers; cross-border freight and other transportation services; and temperature-controlled truckload services. The company offers its serv… Read more