HTLD (Heartland Express) 3-Year Book Growth Rate: -3.40% (As of Mar. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HTLD Heartland Express Inc HTLD
60 GF Score
Price $14.28
GF Value $7.98
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Heartland Express 3-Year Book Growth Rate?

Heartland Express HTLD -3.71% 60 3-Year Book Growth Rate is -3.40% as of Mar. 2026. GuruFocus rates HTLD with a GF Score™ of 60/100 and a GF Value™ of $7.98 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 949 Transportation companies, Heartland Express ranks worse than 84.4% on this metric.

Heartland Express's Book Value per Share for the quarter that ended in Mar. 2026 was $9.67.

During the past 12 months, Heartland Express's average Book Value per Share Growth Rate was -6.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was -3.40% per year. During the past 5 years, the average Book Value per Share Growth Rate was 2.30% per year. During the past 10 years, the average Book Value per Share Growth Rate was 6.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Heartland Express was 36.20% per year. The lowest was -7.00% per year. And the median was 13.70% per year.


Heartland Express  (NAS:HTLD) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Heartland Express 3-Year Book Growth Rate Related Terms


HTLD vs CVLG, MRTN, ULH: 3-Year Book Growth Rate Comparison

For the Trucking subindustry, Heartland Express's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Heartland Express 3-Year Book Growth Rate vs Transportation Industry

For the Transportation industry and Industrials sector, Heartland Express's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Heartland Express's 3-Year Book Growth Rate falls into.


HTLD
60GF Score
Heartland Express Inc HTLD
3-Year Book Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
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Heartland Express 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

What does a 3-Year Book Growth Rate of -3.40% mean?
Heartland Express (HTLD) has a 3-Year Book Growth Rate of -3.40% as of Mar. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Heartland Express and its competitors. According to the industry distribution chart, Heartland Express ranks #801 out of 949 companies in the Transportation industry, placing it in the top 84.4%.
Is Heartland Express' 3-Year Book Growth Rate too high?
Heartland Express' current 3-Year Book Growth Rate is -3.40%. Based on the distribution chart, Heartland Express ranks #801 out of 949 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Heartland Express has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Heartland Express' 3-Year Book Growth Rate compare to CVLG and MRTN?
According to the Transportation industry distribution chart, Heartland Express ranks #801 out of 949 companies for 3-Year Book Growth Rate. This places Heartland Express in the lower half of its industry. The industry median 3-Year Book Growth Rate is 5.90. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Transportation company?
The median 3-Year Book Growth Rate among Transportation companies is 5.90, based on 949 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Heartland Express and its competitors. For the Transportation industry, the median 3-Year Book Growth Rate is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heartland Express's current 3-Year Book Growth Rate is -3.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heartland Express stock overvalued right now?
Based on GuruFocus' analysis, Heartland Express (HTLD) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.98, compared to a current price of $14.28 — trading 78.9% above its estimated fair value. The current 3-Year Book Growth Rate is -3.40%. Heartland Express' overall GF Score™ is 60/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Heartland Express (HTLD), the current 3-Year Book Growth Rate is -3.40% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Heartland Express (HTLD) Overvalued in 2026?

Based on GuruFocus' analysis, Heartland Express stock appears to be overvalued. The current stock price of $14.28 is trading 78.9% above its estimated GF Value™ of $7.98. GuruFocus considers Heartland Express to be Significantly Overvalued.

Key valuation signals for HTLD:

  • 3-Year Book Growth Rate: -3.40%
  • GF Value™: $7.98 vs. price of $14.28 (78.9% above fair value)
  • GF Score™: 60/100 with 2 warning signs

No single metric tells the full story. See the HTLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heartland Express Business Description

Address 901 Heartland Way, North Liberty, IA, USA, 52317
Heartland Express Inc, along with its subsidiaries, operates as a short, medium, and long-haul truckload carrier and transportation services provider. It mainly provides nationwide asset-based dry van truckload service for shippers across the United States, along with cross-border freight and other transportation services offered through third-party partnerships in Mexico. The group operates under the brand names of Heartland Express, Millis Transfer, Smith Transport, and CFI (for services within Mexico).
60GF Score

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3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.28
Price
$7.98
GF Value