HTLD (Heartland Express) EV-to-EBIT: -28.79 (As of Jul. 16, 2026)

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HTLD Heartland Express Inc HTLD
60 GF Score
Price $15.30
GF Value $7.98
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Heartland Express EV-to-EBIT?

Heartland Express HTLD +5.37% 60 EV-to-EBIT is -28.79 as of Jul. 16, 2026. GuruFocus rates HTLD with a GF Score™ of 60/100 and a GF Value™ of $7.98 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 869 Transportation companies, Heartland Express ranks worse than 115074.68% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Heartland Express's Enterprise Value is $1,294.3 Mil. Heartland Express's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-45.0 Mil. Therefore, Heartland Express's EV-to-EBIT for today is -28.79.

The historical rank and industry rank for Heartland Express's EV-to-EBIT or its related term are showing as below:

HTLD' s EV-to-EBIT Range Over the Past 10 Years
Min: -131.56   Med: 15.74   Max: 184.91
Current: -28.79

During the past 13 years, the highest EV-to-EBIT of Heartland Express was 184.91. The lowest was -131.56. And the median was 15.74.

HTLD's EV-to-EBIT is ranked worse than
100% of 869 companies
in the Transportation industry
Industry Median: 12.4 vs HTLD: -28.79

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Heartland Express's Enterprise Value for the quarter that ended in Mar. 2026 was $914.3 Mil. Heartland Express's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-45.0 Mil. Heartland Express's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -4.92%.


Heartland Express  (NAS:HTLD) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Heartland Express's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=-44.956/914.3298
=-4.92 %

Heartland Express's Enterprise Value for the quarter that ended in Mar. 2026 was $914.3 Mil.
Heartland Express's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-45.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Heartland Express EV-to-EBIT Related Terms


Heartland Express EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Heartland Express's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Heartland Express EV-to-EBIT Chart

Heartland Express Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.03 8.42 32.16 -56.40 -14.87

Heartland Express Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -45.66 -25.93 -24.55 -14.87 -20.34

HTLD vs CVLG, MRTN, ULH: EV-to-EBIT Comparison

For the Trucking subindustry, Heartland Express's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Heartland Express's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Heartland Express's EV-to-EBIT falls into.


HTLD
60GF Score
Heartland Express Inc HTLD
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Heartland Express EV-to-EBIT Calculation

Heartland Express's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1294.267/-44.956
=-28.79

Heartland Express's current Enterprise Value is $1,294.3 Mil.
Heartland Express's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-45.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of -28.79 mean?
Heartland Express (HTLD) has a EV-to-EBIT of -28.79 as of Jul. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Heartland Express and its competitors. According to the industry distribution chart, Heartland Express ranks #999999 out of 869 companies in the Transportation industry.
Is Heartland Express' EV-to-EBIT too high?
Heartland Express' current EV-to-EBIT is -28.79. Based on the distribution chart, Heartland Express ranks #999999 out of 869 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' EV-to-EBIT compare to CVLG and MRTN?
According to the Transportation industry distribution chart, Heartland Express ranks #999999 out of 869 companies for EV-to-EBIT. This places Heartland Express in the lower half of its industry. The industry median EV-to-EBIT is 12.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Transportation company?
The median EV-to-EBIT among Transportation companies is 12.40, based on 869 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Heartland Express and its competitors. For the Transportation industry, the median EV-to-EBIT is 12.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heartland Express's current EV-to-EBIT is -28.79. 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 $15.30 — trading 91.7% above its estimated fair value. The current EV-to-EBIT is -28.79. Heartland Express' overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Heartland Express (HTLD), the current EV-to-EBIT is -28.79 as of Jul. 16, 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 $15.30 is trading 91.7% above its estimated GF Value™ of $7.98. GuruFocus considers Heartland Express to be Significantly Overvalued.

Key valuation signals for HTLD:

  • EV-to-EBIT: -28.79
  • GF Value™: $7.98 vs. price of $15.30 (91.7% above fair value)
  • GF Score™: 60/100 with 5 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

Get the complete analysis for HTLD

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.30
Price
$7.98
GF Value