Heartland Express, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $18.5M | $12.8M | $28.1M | $49.5M | $157.7M | $113.9M | $76.7M | $161.4M |
| Accounts Receivable | $74.2M | $91.6M | $102.7M | $139.8M | $52.8M | $55.6M | $56.8M | $49.0M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $114.6M | $129.4M | $169.3M | $229.8M | $233.2M | $193.0M | $151.8M | $232.5M |
| Property, Plant & Equipment | $667.2M | $764.4M | $885.4M | $973.3M | $487.9M | $539.3M | $526.3M | $403.1M |
| Goodwill | $322.6M | $322.6M | $322.6M | $320.7M | $168.3M | $168.3M | $168.3M | $132.4M |
| Intangible Assets (Excl. Goodwill) | $69.5M | $93.5M | $98.5M | $103.7M | $22.4M | $24.7M | $27.1M | $14.5M |
| Total Assets | $1.19B | $1.33B | $1.51B | $1.67B | $928.5M | $951.2M | $898.9M | $806.2M |
| Liabilities | ||||||||
| Accounts Payable | $33.5M | $35.4M | $37.8M | $62.7M | $20.5M | $12.8M | $11.1M | $10.6M |
| Total Current Liabilities | $110.2M | $119.6M | $123.5M | $156.8M | $71.6M | $71.0M | $63.4M | $64.7M |
| Long-Term Debt | $154.1M | $191.7M | $290.7M | $399.1M | $0 | — | $70.2M | — |
| Total Liabilities | $436.3M | $511.6M | $644.4M | $814.0M | $201.4M | $226.8M | $214.3M | $190.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $965.4M | $1.02B | $1.06B | $1.05B | $924.4M | $891.0M | $826.7M | $760.3M |
| Total Stockholders' Equity | $755.3M | $822.6M | $865.3M | $855.5M | $727.1M | $724.3M | $684.7M | $616.0M |