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Heartland Express (Heartland Express) EV-to-EBIT : 164.21 (As of May. 04, 2024)


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What is Heartland Express EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Heartland Express's Enterprise Value is $1,092 Mil. Heartland Express's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $7 Mil. Therefore, Heartland Express's EV-to-EBIT for today is 164.21.

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: 5.37   Med: 16.51   Max: 166.83
Current: 164.21

During the past 13 years, the highest EV-to-EBIT of Heartland Express was 166.83. The lowest was 5.37. And the median was 16.51.

HTLD's EV-to-EBIT is ranked worse than
98.95% of 854 companies
in the Transportation industry
Industry Median: 11.79 vs HTLD: 164.21

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Heartland Express's Enterprise Value for the quarter that ended in Dec. 2023 was $1,416 Mil. Heartland Express's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $7 Mil. Heartland Express's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.47%.


Heartland Express EV-to-EBIT Historical Data

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.

* Premium members only.

Heartland Express EV-to-EBIT Chart

Heartland Express Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.80 14.28 11.03 8.42 32.16

Heartland Express Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.32 15.82 25.13 32.16 -

Competitive Comparison of Heartland Express's EV-to-EBIT

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's EV-to-EBIT Distribution in the 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.



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)
=1091.864/6.649
=164.21

Heartland Express's current Enterprise Value is $1,092 Mil.
Heartland Express's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7 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  (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 Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=6.649/1416.41414
=0.47 %

Heartland Express's Enterprise Value for the quarter that ended in Dec. 2023 was $1,416 Mil.
Heartland Express's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7 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

Thank you for viewing the detailed overview of Heartland Express's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Heartland Express (Heartland Express) Business Description

Traded in Other Exchanges
Address
901 Heartland Way, North Liberty, IA, USA, 52317
Heartland Express Inc is engaged in providing truckload services across the United States and Canada. These truckload services are primarily asset-based transportation services in the dry van truckload market, and it also offers truckload temperature-controlled transportation services. The company's major customers represent primarily the consumer goods, appliances, food products, and automotive industries.
Executives
Michael J Gerdin director, officer: PRESIDENT 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
Ann S. Gerdin Revocable Trust 10 percent owner, other: Co-Trustee of 10% Owner 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
Michael John Sullivan director 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
Brenda M Lantz director 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
Todd A Smith officer: President of Smith Transport 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
Christopher Alan Strain officer: Vice President/CFO/Treasurer 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
Brenda S Neville director 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
David Paul Millis director 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
Jo Anne Borden officer: VP of HR and Risk Management 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
James G Pratt director 11 THE WOODS NE, IOWA CITY IA 52240
Angela K Janssen other: Co-Trustee of 10% Owner 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
Julie J Durr other: Co-Trustee of 10% Owner 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
Larry J. Gordon director 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
Kent Daryl Rigdon officer: Vice President of Sales 901 NORTH KANSAS AVENUE, NORTH LIBERTY IA 52317
Tahira K Hira director 901 N KANSAS AVE, NORTH LIBERTY IA 52317

Heartland Express (Heartland Express) Headlines