Heartland Express Inc (HTLD)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -29,722 | 14,775 | 133,584 | 79,277 | 70,806 |
| Revenue | US$ in thousands | 1,047,510 | 1,207,460 | 967,996 | 607,284 | 645,262 |
| Net profit margin | -2.84% | 1.22% | 13.80% | 13.05% | 10.97% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-29,722K ÷ $1,047,510K
= -2.84%
Net profit margin, a key ratio indicating the percentage of revenue that translates into profit, reveals insights into Heartland Express Inc's financial performance. The trend analysis demonstrates fluctuations over the years:
1. As of December 31, 2020, the net profit margin stood at 10.97%, showcasing a decent profitability level.
2. By December 31, 2021, the net profit margin improved to 13.05%, indicating enhanced efficiency in converting revenue into profit.
3. Continuing the positive trajectory, the net profit margin rose further to 13.80% by December 31, 2022, reflecting sustained profitability.
4. However, a notable decline occurred by December 31, 2023, with the net profit margin dropping significantly to 1.22%, suggesting challenges impacting profitability.
5. The trend worsened by December 31, 2024, as the net profit margin turned negative at -2.84%, indicating that expenses surpassed revenue, leading to a loss.
In conclusion, while Heartland Express Inc demonstrated a commendable improvement in profitability until 2022, a significant decline in the subsequent years raises concerns regarding operational efficiency and cost management practices that may require further scrutiny and corrective actions.
Peer comparison
Dec 31, 2024