---
schema_version: "secwatch.filing_event.v1"
accession: "0000799233-22-000058"
form_type: "8-K"
ticker: "HTLD"
cik: "0000799233"
company_name: "HEARTLAND EXPRESS INC"
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T06:10:33.327890+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Heartland Express posts record Q3 revenue of $274M; net income flat at $24.4M

## Summary
- Q3 2022 operating revenue $274.0M (record), up 79.5% YoY; net income $24.4M vs $24.5M; EPS $0.31.
- Acquired Contract Freighters Inc. (Aug 31) and Smith Transport (May 31); family of four brands.
- GAAP operating ratio 87.3%; non-GAAP adjusted 83.7%; legacy ops at low 80s, newer units low 90s.
- Debt of $465.0M at Sep 30 from acquisitions; cash $64.8M; $86.8M available on line of credit.
- Plan to pay down debt, maintain $0.02/share dividend; no special dividends or buybacks near-term.

## SEC filing metadata
- accession: 0000799233-22-000058
- form_type: 8-K
- ticker: HTLD
- cik: 0000799233
- company_name: HEARTLAND EXPRESS INC
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799233/000079923322000058/0000799233-22-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799233/000079923322000058/htld-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000799233-22-000058
- JSON: https://secwatch.observer/filing/0000799233-22-000058.json
- Plain text: https://secwatch.observer/filing/0000799233-22-000058.txt

## Key facts
- Earnings Releases
  HEARTLAND EXPRESS INC reported financial results for the quarter and nine-month period ended September 30, 2022.
  - Period: the quarter and nine-month period ended September 30, 2022
  - Result: reported results
  source text: On November 2, 2022, Heartland Express, Inc. announced its unaudited financial results for the quarter and nine-month period ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/799233/000079923322000058/0000799233-22-000058-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.