Heartland Express: brands it owns and its ownership tree
Heartland Express (NASDAQ: HTLD) is a publicly listed company headquartered in North Liberty, United States that owns 3 consumer brands.[1][2]
Heartland Express is a Nevada holding company at 901 Heartland Way, North Liberty, Iowa, and its FY2025 10-K says it owns all the stock of its operating entities, a short-, medium- and long-haul dry van truckload carrier. It acquired Smith Transport on 31 May 2022 and CFI on 31 August 2022, and the 10-K says CFI was integrated and rebranded on 31 December 2025.
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brands owned
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acquisitions recorded
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divestitures recorded
Company facts
- Legal name
- Heartland Express, Inc.
- Type
- publicly listed company · see all publicly listed company owners
- Headquarters
- 🇺🇸 North Liberty, United States
- Tickers
- NASDAQ: HTLD
- Revenue
- $805.7 million (2025)[2]
- SEC CIK
- 0000799233
- Website
- www.heartlandexpress.com
- Last verified
- · 2 sources
What Heartland Express's annual report says about its business
Read from Heartland Express's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
Acquisitions and disposals named in the filing
- Acquired: Franklin Logistics, LLC (Effective December 31, 2024).
Effective December 31, 2024, Franklin Logistics, LLC was merged into Smith Transport, LLC.
- Acquired: Smith Trucking, Inc. (Effective December 31, 2023).
Effective December 31, 2023, Smith Trucking, Inc. was merged into Smith Transport, Inc.
- Acquired: CFI (2022); Smith Transport (2022).
While our acquisitions of CFI and Smith Transport during 2022 has resulted in revenue growth, other metrics such as operating ratio have been impaired compared to periods prior to such acquisitions.
Heartland Express in numbers
- Heartland Express owns 3 consumer brands tracked here across 1 top-level categories; the largest is travel & transport with 3 brands.[1]
Heartland Express financial history
Headline figures from Heartland Express's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2020–2025. Revenue moved from $645.3m to $805.7m, an average of 4.5% a year (calculated).
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| $805.7m | $-57,412,000 | -7.1% | $-52,453,000 | $1.19bn | $154.1m | 10-K | |
| $1.05bn | $-20,236,000 | -1.9% | $-29,722,000 | $1.33bn | $191.7m | 10-K | |
| $1.21bn | $42.4m | 3.5% | $14.8m | $1.51bn | $290.7m | 10-K | |
| $968m | $188.4m | 19.5% | $133.6m | $1.67bn | $399.1m | 10-K | |
| $607.3m | $105.4m | 17.4% | $79.3m | $928.5m | $0 | 10-K | |
| $645.3m | $93.4m | 14.5% | $70.8m | $951.2m | — | 10-K |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Everything Heartland Express owns
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Full-screen interactive tree →
Brand portfolio by category
Recent changes to this record
Heartland Express SEC filings
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
Annual reports
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report, filed (10-K)
- Annual report (amended), filed (10-K/A)
- Annual report, filed (10-K)
Proxy statements
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
- Proxy statement, filed (DEF 14A)
Recent current and quarterly reports
| Filed | Form | What it declares |
|---|---|---|
| 8-K | Other events | |
| 8-K | Departure or appointment of directors or officers | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Other events | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Results of a shareholder vote | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Other events | |
| 8-K | Results of operations and financial condition | |
| 8-K | Departure or appointment of directors or officers |
Frequently asked questions
What brands does Heartland Express own?
Heartland Express owns 3 consumer brands tracked here, including Smith Transport, Heartland Express and Millis Transfer.
Is Heartland Express an American company?
Yes. Heartland Express is headquartered in North Liberty, United States.
Who owns Heartland Express?
Heartland Express is a publicly listed company owned by its shareholders; it trades as HTLD on the NASDAQ.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Heartland Express, Inc. Annual Report on Form 10-K filed 2026-03-03 — SEC EDGAR, SEC Form 10-K, published 3 March 2026; retrieved 5 October 2026.
- [2] Heartland Express, Inc.: Form 10-K for the year ended 2025-12-31 (revenue) — SEC EDGAR, SEC Form 10-K, published 3 March 2026; retrieved 5 October 2026.
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