Heartland Express price to free cash flow HTLD
Market value divided by free cash flow over the last twelve months, since 2011.
- Today, Oct 23, 2026
- n/m
- not a meaningful number
- Last meaningful
- 54.7×
- Aug 2025
- 10-year median
- 51.3×
- 10-year range
- 9.4× to 175×
- Peer median
- 17.0×
Heartland Express' price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.
It was last meaningful in Aug 2025, at 54.7×.
On the days it had one over the last ten years, its median was 51.3×, from 9.4× in Jan 2025 to 175× in Nov 2021.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2025 | 54.7× | 9.4× | 66.9× |
| 2024 | 9.8× | 9.8× | 42.0× |
| 2023 | 63.3× | 27.9× | 147× |
| 2022 | 134× | 134× | 164× |
| 2021 | 169× | 165× | 175× |
| 2020 | n/m a value too high to mean anything | ||
| 2019 | n/m a value too high to mean anything | ||
| 2018 | n/m a value too high to mean anything | ||
| 2017 | 50.7× | 22.7× | 60.1× |
| 2016 | n/m a value too high to mean anything | ||
| 2015 | 245× | 227× | 254× |
| 2014 | 255× | 230× | 256× |
| 2013 | 33.0× | 31.3× | 34.4× |
| 2012 | 31.9× | 31.1× | 54.8× |
| 2011 | 71.8× | 24.0× | 76.5× |
Against its peers
Companies in Trucking nearest Heartland Express' size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| HTLDHeartland Express | n/m |
| CVLGCovenant Logistics | n/m |
| MRTNMarten Transport | n/m |
| ARCBArcbest | 15.3× |
| SNDRSchneider National | 17.0× |
| LSTRLandstar System | 32.0× |
| Peer median | 17.0× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Heartland Express
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.