Trade Heartland Express Inc - HTLD CFD

Heartland Express Company profile

About Heartland Express, Inc.

Heartland Express, Inc. (Heartland) is a holding company. The Company is a short-to-medium haul truckload carrier. The Company provides truckload services across the United States (U.S.) and parts of Canada. These truckload services are primarily asset-based transportation services in the dry van truckload market, and it also offer truckload temperature-controlled transportation services to select dedicated customers. Its primary customers include retailers and manufacturers. The Company's over-the-road tractors are equipped with mobile communication systems. The Company operates approximately 26 terminal facilities throughout the United States in addition to its terminal and corporate headquarters in North Liberty, Iowa. Its subsidiaries include Heartland Express, Inc. of Iowa, Heartland Express Services, Inc., Heartland Express Maintenance Services, Inc., Midwest Holding Group, LLC and Millis Transfer, LLC.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Heartland Express, Inc. revenues decreased 6% to $607.3M. Net income increased 12% to $79.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Gain on disposal of property and equipme increase from $14.8M to $37.4M (income), Salaries, wages, and benefits decrease of 7% to $248.9M (expense).

Equity composition

Common Stock $.01 Par, 5/11, 395M auth., 90,688,621 issd. Insiders & Strategic holders own 45.44%. PO 2/91, 650K shs @ $25.25 by Alex. Brown & Sons. PO 10/96, 1.5M shs @ $18.25 by Alex. Brown & Sons. 2/02, 58% stock dividend; 12/95, 54% stock dividend; 6/01, 12/93, 5-for-4 splits. 8/04, 10/96, 11/91, 3-for-2 splits. 05/06 & 12/92, 4-for-3 stock splits.