Heartland Express, Inc. reported a Net Loss of $19.4 million for the fourth quarter of 2025, with Operating Revenue of $179.4 million. For the full year of 2025, the company incurred an Operating Loss of $57.4 million and a Net Loss of $52.5 million, with Operating Revenue totaling $805.7 million.

The company’s Operating Ratio for the fourth quarter of 2025 was 112.7%, with a Non-GAAP Adjusted Operating Ratio of 101.6%. The twelve-month Operating Ratio for 2025 was 107.1%, with a Non-GAAP Adjusted Operating Ratio of 104.7%. Heartland Express aims to achieve an operating ratio in the low to mid 80s and eliminate its debt by 2027.

During 2025, Heartland Express unified its transportation management system, aligned telematics technology, and consolidated its operating fleets to improve operational efficiency. The company also integrated the U.S. operations of Contract Freighter’s, Inc. into Heartland Express. These changes resulted in a $19.0 million impairment charge related to the CFI trade name.

The company ended 2025 with $18.5 million in cash balances and $159.8 million in debt and financing lease obligations. Heartland Express aims to continue growing revenue, eliminating debt, and maintaining a debt-free balance sheet. The company has paid cumulative cash dividends of $561.4 million and repurchased 3.6 million shares of common stock over the past five years.

Heartland Express received various awards for its customer service and operational excellence in 2025. The company was recognized by customers like Pepsico, Georgia Pacific, and FedEx Express for its outstanding service. Additionally, Heartland Express received industry and community service awards, highlighting its commitment to excellence in all areas of its business.

Heartland Express uses non-GAAP financial measures like Operating Revenue excluding fuel surcharge revenue, adjusted operating income, and adjusted operating ratio to provide a more consistent basis for comparing results. These measures are intended to supplement GAAP results and reflect the company’s core operating performance.

Read more at GlobeNewswire: Heartland Express, Inc. Reports Fourth Quarter and Annual