Heartland Express Inc (HTLD)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -20,236 | 42,385 | 188,358 | -73,701 | -30,950 |
| Revenue | US$ in thousands | 1,047,510 | 1,207,460 | 967,996 | 607,284 | 645,262 |
| Operating profit margin | -1.93% | 3.51% | 19.46% | -12.14% | -4.80% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-20,236K ÷ $1,047,510K
= -1.93%
The operating profit margin of Heartland Express Inc has fluctuated significantly over the past five years. In December 2020, the operating profit margin was at -4.80%, indicating that the company's operating expenses were higher than its operating income. This negative margin improved slightly in December 2021 but remained unfavorable at -12.14%.
However, there was a notable turnaround in December 2022, where the operating profit margin surged to 19.46%, reflecting a significant improvement in the company's operational efficiency and profitability. This positive trend was followed by a slight decrease in December 2023, with the operating profit margin at 3.51%.
Unfortunately, there was a decline in performance by December 2024, as the operating profit margin fell back into negative territory at -1.93%. It is essential for Heartland Express Inc to closely monitor its operating expenses and revenue generation strategies to sustain and enhance its profitability in the future.
Peer comparison
Dec 31, 2024