Heartland Express, Inc. (HTLD) financial statements (2022 and earlier)

Company profile

Business Address 901 HEARTLAND WAY
NORTH LIBERTY, IA 52317
State of Incorp. NV
Fiscal Year End December 31
SIC 4213 - Trucking, Except Local (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments157,742180,366167,241148,212 81,949
Cash and cash equivalents157,742180,366167,241148,212 81,949
Receivables56,90758,53859,29060,568 62,538
Prepaid expense9,1689,2728,7688,758 8,245
Other current assets9,40610,39812,2129,129 20,865
Total current assets:233,223258,574247,511226,667 173,597
Noncurrent Assets
Property, plant and equipment487,915491,058500,381512,833 569,544
Intangible assets, net (including goodwill)190,650191,248191,845192,443 193,638
Goodwill168,295168,295168,295168,295 168,295
Intangible assets, net (excluding goodwill)22,35522,95323,55024,148 25,343
Deferred income tax assets     5,304
Other noncurrent assets16,75417,40017,24817,478 17,668
Total noncurrent assets:695,319699,706709,474722,754 786,154
TOTAL ASSETS:928,542958,280956,985949,421 959,751
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:20,53814,43018,95216,954 23,321
Employee-related liabilities21,41124,35524,00225,607 25,001
Taxes payable 4,5131,0906,960 3,499
Interest and dividends payable 41,095    
Other undisclosed accounts payable and accrued liabilities(873)(55,533)(6,140)(15,613) (5,179)
Self insurance reserve15,67713,64514,52115,482 16,069
Other undisclosed current liabilities35,37988,96443,74651,620 44,833
Total current liabilities:71,594117,03977,21984,056 84,223
Noncurrent Liabilities
Liabilities, other than long-term debt39,87545,20847,52950,498 51,567
Accounts payable and accrued liabilities5,4915,3855,3065,564 5,504
Self insurance reserve34,38439,82342,22344,934 46,063
Other undisclosed noncurrent liabilities89,97187,21790,47192,450 102,252
Total noncurrent liabilities:129,846132,425138,000142,948 153,819
Total liabilities:201,440249,464215,219227,004 238,042
Stockholders' equity
Stockholders' equity attributable to parent727,102708,816741,766722,417 721,709
Common stock907907907907 907
Treasury stock, value(202,321)(202,030)(185,921)(186,071) (158,512)
Additional paid in capital4,1414,3194,5314,476 4,398
Retained earnings924,375905,620922,249903,105 874,916
Total stockholders' equity:727,102708,816741,766722,417 721,709
TOTAL LIABILITIES AND EQUITY:928,542958,280956,985949,421 959,751

Income statement (P&L) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
Revenues148,142152,612154,128152,402(489,473)162,282
Cost of revenue(122,273)(129,221)(128,962)(132,086) (133,546)
Cost of goods and services sold(56,839)(34,840)(33,862)(34,443) (31,107)
Gross profit:25,86923,39125,16620,316 28,736
Operating expenses6359,8822,185(2,037) (1,397)
Operating income:26,50433,27327,35118,279 27,339
Nonoperating income
(Investment Income, Nonoperating)
147181175138 171
Income from continuing operations before income taxes:26,65133,45427,52618,417 27,510
Income tax expense(6,316)(8,988)(6,784)(4,683) (6,796)
Net income available to common stockholders, diluted:20,33524,46620,74213,734 20,714

Comprehensive Income ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
Net income:20,33524,46620,74213,734 20,714
Comprehensive income, net of tax, attributable to parent:20,33524,46620,74213,734 20,714

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: