Heartland Express Inc (HTLD)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	-29,722	-22,774	-24,194	-12,945	14,775	25,169	60,287	129,422	133,585	138,431	138,482	82,318	79,277	76,614	72,862	71,302	70,806	65,921	65,708	68,887
Revenue (ttm)	US$ in thousands	1,047,511	1,080,282	1,115,447	1,146,862	1,207,458	1,287,034	1,265,984	1,147,636	967,995	761,214	639,850	606,157	607,284	614,931	624,601	631,346	645,262	656,699	642,325	623,596
Net profit margin		-2.84%	-2.11%	-2.17%	-1.13%	1.22%	1.96%	4.76%	11.28%	13.80%	18.19%	21.64%	13.58%	13.05%	12.46%	11.67%	11.29%	10.97%	10.04%	10.23%	11.05%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-29,722K ÷ $1,047,511K
= -2.84%

Heartland Express Inc's net profit margin, a key measure of profitability, has displayed fluctuations over the data period provided. The net profit margin started positively at 11.05% in March 2020 and remained relatively stable around 10% throughout 2020. There was a notable increase in profitability in June 2021, as the margin rose to 11.67% and continued to improve significantly, reaching a peak of 21.64% in June 2022.

However, the trend reversed in the following periods, with the net profit margin sharply declining to 1.22% by December 2023. The profitability situation worsened further, with the margin turning negative from March 2024 onwards, indicating that the company's expenses began to exceed its revenues.

The declining net profit margin suggests possible challenges in managing operational costs and generating sufficient income to cover expenses. Heartland Express Inc may need to review its cost structure, revenue generation strategies, and overall business operations to improve profitability and ensure sustainable long-term growth.