---
schema_version: "secwatch.filing_event.v1"
accession: "0000799233-23-000002"
form_type: "8-K"
ticker: "HTLD"
cik: "0000799233"
company_name: "HEARTLAND EXPRESS INC"
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T21:10:08.835223+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Heartland Express Q4 revenue $354.9M (record), net income $15.5M, EPS $0.20; annual OR 80.5%

## Summary
- Q4 operating revenue $354.9M (+139.6% YoY); net income $15.5M vs $20.3M in Q4 2021.
- Basic EPS $0.20 vs $0.26 YoY; operating ratio 92.6% (90.6% adjusted) vs 82.1% (78.8% adjusted).
- Annual 2022 revenue $968.0M (record), net income $133.6M, EPS $1.69 vs $1.00.
- Completed acquisitions of Smith Transport (May) and CFI (Aug); paid down $75M of term debt in H2 2022.
- Stockholders' equity $855.5M (record); regular dividend maintained at $0.02/quarter.

## SEC filing metadata
- accession: 0000799233-23-000002
- form_type: 8-K
- ticker: HTLD
- cik: 0000799233
- company_name: HEARTLAND EXPRESS INC
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/799233/000079923323000002/0000799233-23-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799233/000079923323000002/htld-20230203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000799233-23-000002
- JSON: https://secwatch.observer/filing/0000799233-23-000002.json
- Plain text: https://secwatch.observer/filing/0000799233-23-000002.txt

## Key facts
- Earnings Releases
  HEARTLAND EXPRESS INC reported twelve months ended December 31, 2022 results: revenue $968.0 million, net income $133.6 million, EPS $1.69.
  - Period: twelve months ended December 31, 2022
  - Revenue: $968.0 million
  - Net income: $133.6 million
  - EPS: $1.69
  - Result: reported results
  source text: Equity of $855.5 million (All-time record). Twelve months ended December 31, 2022: • Net Income of $133.6 million, Basic Earnings per Share of $1.69, • Operating Revenue of $968.0 million (All-time record), • Operating Income of $188.4 million, a 78.7% increase over 2021, • Operating Ratio of 80.5% and 84.8% Non-GAAP Adjusted Operating Ratio (1) , • Our
  evidence_url: https://www.sec.gov/Archives/edgar/data/799233/000079923323000002/0000799233-23-000002-index.htm
- Earnings Releases
  HEARTLAND EXPRESS INC reported quarter ended December 31, 2022 results: revenue $354.9 million, net income $15.5 million, EPS $0.20.
  - Period: quarter ended December 31, 2022
  - Revenue: $354.9 million
  - Net income: $15.5 million
  - EPS: $0.20
  - Result: reported results
  source text: the quarter and year ended December 31, 2022. Three months ended December 31, 2022: • Net Income of $15.5 million and Basic Earnings per Share of $0.20, • Operating Revenue of $354.9 million (All-time record), an increase of 139.6% over 2021, • Operating Income of $26.2 million, • Operating Ratio of 92.6% and 90.6% Non-GAAP Adjusted Operating Ratio (1) , • Total
  evidence_url: https://www.sec.gov/Archives/edgar/data/799233/000079923323000002/0000799233-23-000002-index.htm

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