Heartland Express Inc (HTLD) company profile
Close on Nov 13, 2026Market cap $809.67MP/E –Yield 0.76%
About Heartland Express
Trucking (No Local), SIC 4213
Heartland Express, Inc. is a short, medium, and long-haul truckload carrier and transportation service provider. The company primarily provides nationwide asset-based dry van truckload transportation, while also offering temperature-controlled shipping and cross-border logistics services. It conducts operations under multiple brand names, including Heartland Express, Millis Transfer, Smith Transport, and CFI. The company serves shippers across North America, focusing primarily on retailers, manufacturers, and parcel delivery businesses that require time-sensitive freight movement.
The company operates across the contiguous United States and Mexico, focusing on freight hauls with an average distance under four hundred miles. Its network includes twenty-five owned terminal facilities positioned near major domestic transportation corridors, one terminal in Mexico, and an additional facility at its main office location. Approximately eighty percent of these facilities are situated within two hundred miles of major American metropolitan centers. Heartland Express maintains its corporate headquarters in North Liberty, Iowa.
Summary of the business section of Heartland Express's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Heartland Express Inc
- Founded
- 1978
- Headquarters
- North Liberty, IA
- Address
- 901 Heartland Way 52317
- Phone
- (319) 645-7060
- Website
- www.heartlandexpress.com
- Employees
- 6,040, Dec 31, 2023
- Industry
- Trucking (No Local)
- Incorporated in
- Nevada
- Fiscal year ends
- December 31
- Auditor
- GRANT THORNTON LLP, Tulsa, Oklahoma
Stock & identifiers
- Ticker
- HTLD
- Exchange
- Nasdaq
- IPO date
- Nov 5, 1986
- Shares outstanding
- 77M, Aug 6, 2026
- Public float
- $366.40M, Jun 30, 2025
- Filer category
- Accelerated filer
- Stock splits
- 4-for-3, May 16, 2006; 3-for-2, Aug 23, 2004; 5-for-4, Jun 1, 2001; 3-for-2, Oct 7, 1996; 5-for-4, Dec 14, 1993; 4-for-3, Dec 22, 1992; 3-for-2, Nov 26, 1991
- SEC CIK
- 799233
- CUSIP
- 422347104
- ISIN
- US4223471040
- FIGI
- BBG000BLJLJ3
- Share class FIGI
- BBG001S5S1D8
- LEI
- 5299005V45FZIQGLOG39
- EIN
- 93-0926999
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Michael J. Gerdin | Chief Executive Officer, Director | 23,472,506 |
| Kris Eric Eickman | VP of Information Technology | 8,487 |
| Christopher Alan Strain | Vice President/CFO/Treasurer | 21,500 |
| Kent Daryl Rigdon | Chief Operating Officer | 1,360 |
| Joshua Stefan Helmich | CAO and Secretary | 8,113 |
| Todd Allan Trimble | VP of Safety and Security | 13,287 |
| James G. Pratt | Director | 58,429 |
| David Paul Millis | Director | 28,387 |
| David P. Spalding | Director | 2,000 |
| Amanda Hupfeld | Director | 2,000 |
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Other | Total | vs. prior year |
|---|---|---|---|---|---|
| Michael J. Gerdin Chief Executive Officer, Chairman, President and Director | $1.05M | – | $20.36K | $1.07M | -0% |
| Christopher A. Strain Vice President of Finance, Treasurer, and Chief Financial Officer | $364.00K | $10.96K | $17.43K | $392.39K | +5% |
| Kent D. Rigdon Chief Operating Officer | $327.60K | $10.96K | $6.55K | $345.11K | +1% |
| David P. Millis Director and Millis Transfer President | $190.42K | $100.00K | $4.42K | $294.84K | -0% |
| Joshua S. Helmich Chief Administrative Officer and Secretary | $286.00K | $10.96K | $14.42K | $311.38K | +4% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of the end of February 2024 we employed approximately 6,040 employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Dec 4, 2024 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Aug 31, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 2, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 30, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 13, 2018 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jul 6, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 12, 2013 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
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