Heartland Express annual free cash flow
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Heartland Express Free Cash Flow (FCF) History (HTLD)
Heartland Express reported −$66.9M in free cash flow for fiscal 2025, a decrease of $101.7M from the previous fiscal year, with a free cash flow margin of −115.07%.
View full Heartland Express company overviewHeartland Express free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$66.9M | −$101.7M | — | −115.07% |
| 2024 | 2024-12-31 | $34.8M | $78.1M | — | +44.63% |
| 2023 | 2023-12-31 | −$43.3M | −$77.5M | — | −45.71% |
| 2022 | 2022-12-31 | $34.1M | $43.4M | — | +67.35% |
| 2021 | 2021-12-31 | −$9.2M | $16.3M | — | −80.89% |
| 2020 | 2020-12-31 | −$25.5M | −$8.1M | — | −178.23% |
| 2019 | 2019-12-31 | −$17.4M | $5.3M | — | −128.95% |
| 2018 | 2018-12-31 | −$22.7M | $51.8M | — | −152.57% |
| 2017 | 2017-12-31 | −$74.6M | −$144.3M | — | −306.90% |
| 2016 | 2016-12-31 | $69.7M | $96.5M | — | +237.05% |
| 2015 | 2015-12-31 | −$26.8M | $5.7M | — | −3.64% |
| 2014 | 2014-12-31 | −$32.5M | −$8.6M | — | −3.73% |
| 2013 | 2013-12-31 | −$24.0M | −$59.3M | — | −4.12% |
| 2012 | 2012-12-31 | $35.4M | $62.5M | — | +6.48% |
| 2011 | 2011-12-31 | −$27.2M | −$111.2M | — | −5.14% |
| 2010 | 2010-12-31 | $84.1M | $62.1M | +282.42% | +16.83% |
| 2009 | 2009-12-31 | $22.0M | −$63.9M | −74.40% | +4.78% |
| 2008 | 2008-12-31 | $85.9M | — | — | +13.72% |
Heartland Express quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$34.6M | −$21.8M | — | −230.40% |
| Q1 2026 | 2026-03-31 | $5.1M | $2.8M | +124.68% | +32.70% |
| Q4 2025 | 2025-12-31 | −$44.2M | $1.3M | — | −313.44% |
| Q3 2025 | 2025-09-30 | −$12.2M | −$36.8M | — | −90.01% |
| Q2 2025 | 2025-06-30 | −$12.8M | −$42.2M | — | −87.03% |
| Q1 2025 | 2025-03-31 | $2.3M | −$24.0M | −91.30% | +14.46% |
| Q4 2024 | 2024-12-31 | −$45.5M | −$54.6M | — | −233.43% |
| Q3 2024 | 2024-09-30 | $24.6M | $66.3M | — | +133.74% |
| Q2 2024 | 2024-06-30 | $29.4M | $64.5M | — | +147.22% |
| Q1 2024 | 2024-03-31 | $26.3M | $2.0M | +8.18% | +130.74% |
| Q4 2023 | 2023-12-31 | $9.1M | −$4.3M | −32.30% | +39.31% |
| Q3 2023 | 2023-09-30 | −$41.6M | −$54.4M | — | −185.93% |
| Q2 2023 | 2023-06-30 | −$35.1M | −$27.4M | — | −141.92% |
| Q1 2023 | 2023-03-31 | $24.3M | $8.7M | +56.08% | +98.75% |
| Q4 2022 | 2022-12-31 | $13.4M | $25.1M | — | +48.77% |
| Q3 2022 | 2022-09-30 | $12.8M | $25.5M | — | +81.45% |
| Q2 2022 | 2022-06-30 | −$7.6M | $2.9M | — | −177.19% |
| Q1 2022 | 2022-03-31 | $15.6M | −$10.1M | −39.40% | +486.37% |
| Q4 2021 | 2021-12-31 | −$11.7M | −$17.1M | — | −417.96% |
| Q3 2021 | 2021-09-30 | −$12.7M | $19.1M | — | −470.70% |
| Q2 2021 | 2021-06-30 | −$10.5M | −$13.5M | — | −374.71% |
| Q1 2021 | 2021-03-31 | $25.7M | $27.7M | — | +828.45% |
| Q4 2020 | 2020-12-31 | $5.3M | $11.6M | — | +140.79% |
| Q3 2020 | 2020-09-30 | −$31.8M | −$15.5M | — | −884.06% |
| Q2 2020 | 2020-06-30 | $3.0M | −$609,000 | −16.76% | +88.94% |
| Q1 2020 | 2020-03-31 | −$2.0M | −$3.6M | — | −58.14% |
| Q4 2019 | 2019-12-31 | −$6.2M | −$2.4M | — | −138.64% |
| Q3 2019 | 2019-09-30 | −$16.4M | −$14.7M | — | −467.49% |
| Q2 2019 | 2019-06-30 | $3.6M | $21.1M | — | +134.56% |
| Q1 2019 | 2019-03-31 | $1.6M | $1.4M | +646.41% | +55.71% |
| Q4 2018 | 2018-12-31 | −$3.9M | $43.1M | — | −101.42% |
| Q3 2018 | 2018-09-30 | −$1.7M | $26.6M | — | −52.00% |
| Q2 2018 | 2018-06-30 | −$17.4M | −$3.6M | — | −484.00% |
| Q1 2018 | 2018-03-31 | $209,000 | −$14.3M | −98.56% | +4.86% |
| Q4 2017 | 2017-12-31 | −$46.9M | −$66.4M | — | — |
| Q3 2017 | 2017-09-30 | −$28.3M | −$43.0M | — | −264.37% |
| Q2 2017 | 2017-06-30 | −$13.9M | $3.6M | — | −10.69% |
| Q1 2017 | 2017-03-31 | $14.5M | −$38.6M | −72.70% | +11.15% |
| Q4 2016 | 2016-12-31 | $19.5M | $77.5M | — | — |
| Q3 2016 | 2016-09-30 | $14.7M | $20.4M | — | +9.83% |
| Q2 2016 | 2016-06-30 | −$17.5M | −$4.0M | — | −10.88% |
| Q1 2016 | 2016-03-31 | $53.0M | $2.6M | +5.11% | +32.59% |
| Q4 2015 | 2015-12-31 | −$58.0M | −$17.6M | — | −33.24% |
| Q3 2015 | 2015-09-30 | −$5.7M | −$7.9M | — | −3.15% |
| Q2 2015 | 2015-06-30 | −$13.5M | −$8.8M | — | −7.02% |
| Q1 2015 | 2015-03-31 | $50.5M | $40.0M | +383.92% | +26.91% |
| Q4 2014 | 2014-12-31 | −$40.4M | −$35.1M | — | −19.93% |
| Q3 2014 | 2014-09-30 | $2.2M | −$6.0M | −73.50% | +1.00% |
| Q2 2014 | 2014-06-30 | −$4.7M | $12.4M | — | −2.06% |
| Q1 2014 | 2014-03-31 | $10.4M | $20.2M | — | +4.65% |
| Q4 2013 | 2013-12-31 | −$5.3M | $1.5M | — | −2.90% |
| Q3 2013 | 2013-09-30 | $8.2M | −$4.3M | −34.67% | +6.25% |
| Q2 2013 | 2013-06-30 | −$17.0M | −$22.3M | — | −12.72% |
| Q1 2013 | 2013-03-31 | −$9.8M | −$34.2M | — | −7.28% |
| Q4 2012 | 2012-12-31 | −$6.8M | $1.0M | — | −4.98% |
| Q3 2012 | 2012-09-30 | $12.5M | $12.9M | — | +9.26% |
| Q2 2012 | 2012-06-30 | $5.3M | $24.7M | — | +3.76% |
| Q1 2012 | 2012-03-31 | $24.4M | $23.9M | +4662.11% | +18.08% |
| Q4 2011 | 2011-12-31 | −$7.8M | −$18.5M | — | −5.94% |
| Q3 2011 | 2011-09-30 | −$417,000 | −$24.8M | — | −0.31% |
| Q2 2011 | 2011-06-30 | −$19.5M | −$38.7M | — | −14.20% |
| Q1 2011 | 2011-03-31 | $512,000 | −$28.0M | −98.21% | +0.40% |
| Q4 2010 | 2010-12-31 | $10.7M | $14.1M | — | +8.28% |
| Q3 2010 | 2010-09-30 | $24.4M | — | — | +19.15% |
| Q2 2010 | 2010-06-30 | $19.2M | — | — | +15.09% |
| Q1 2010 | 2010-03-31 | $28.6M | — | — | +24.70% |
| Q3 2009 | 2009-09-30 | −$3.4M | — | — | −3.03% |
Heartland Express free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from −$25.5M to −$66.9M, a net decrease of $41.4M. Heartland Express's latest reported quarter, Q2 2026, generated −$34.6M in free cash flow, a decrease of $21.8M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Heartland Express filings at SEC.gov ↗