Heartland Express Management
Management criteria checks 3/4
Heartland Express' CEO is Mike Gerdin, appointed in May 2006, has a tenure of 18.58 years. total yearly compensation is $1.01M, comprised of 96.8% salary and 3.2% bonuses, including company stock and options. directly owns 20.35% of the company’s shares, worth $177.80M. The average tenure of the management team and the board of directors is 9.6 years and 13.2 years respectively.
Key information
Mike Gerdin
Chief executive officer
US$1.0m
Total compensation
| CEO salary percentage | 96.8% |
| CEO tenure | 18.6yrs |
| CEO ownership | 20.4% |
| Management average tenure | 9.6yrs |
| Board average tenure | 13.2yrs |
Recent management updates
Recent updates
Is Heartland Express (NASDAQ:HTLD) Using Too Much Debt?
Dec 24
Heartland Express, Inc. (NASDAQ:HTLD) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Nov 01There's No Escaping Heartland Express, Inc.'s (NASDAQ:HTLD) Muted Revenues
Aug 07Heartland Express (NASDAQ:HTLD) Is Making Moderate Use Of Debt
Jul 17Heartland Express Needs Some Stronger Beats To Change The Narrative
Jul 14Is Heartland Express (NASDAQ:HTLD) Using Too Much Debt?
Apr 05Heartland Express (NASDAQ:HTLD) Takes On Some Risk With Its Use Of Debt
Jan 04With EPS Growth And More, Heartland Express (NASDAQ:HTLD) Makes An Interesting Case
Jun 08Is Heartland Express (NASDAQ:HTLD) A Risky Investment?
Apr 30Do Heartland Express' (NASDAQ:HTLD) Earnings Warrant Your Attention?
Feb 02These 4 Measures Indicate That Heartland Express (NASDAQ:HTLD) Is Using Debt Reasonably Well
Jan 12Is Heartland Express (NASDAQ:HTLD) Using Too Much Debt?
Oct 05Heartland Express declares $0.02 dividend
Sep 16Heartland Express: Hitting The Gas Pedal
Aug 28Heartland Express GAAP EPS of $0.97 beats by $0.72, revenue of $187.82M beats by $23.55M
Jul 25Be Wary Of Heartland Express (NASDAQ:HTLD) And Its Returns On Capital
May 20Palm Valley Capital Fund - Heartland Express: A High-Quality Cyclical Business
Apr 15Heartland Express Continues To Muddle Through As Trucking Rates Approach A Cyclical Top
Mar 21Here's What's Concerning About Heartland Express' (NASDAQ:HTLD) Returns On Capital
Jan 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$23m |
| Jun 30 2024 | n/a | n/a | -US$24m |
| Mar 31 2024 | n/a | n/a | -US$13m |
| Dec 31 2023 | US$1m | US$981k | US$15m |
| Sep 30 2023 | n/a | n/a | US$25m |
| Jun 30 2023 | n/a | n/a | US$60m |
| Mar 31 2023 | n/a | n/a | US$129m |
| Dec 31 2022 | US$840k | US$831k | US$134m |
| Sep 30 2022 | n/a | n/a | US$138m |
| Jun 30 2022 | n/a | n/a | US$138m |
| Mar 31 2022 | n/a | n/a | US$82m |
| Dec 31 2021 | US$798k | US$780k | US$79m |
| Sep 30 2021 | n/a | n/a | US$77m |
| Jun 30 2021 | n/a | n/a | US$73m |
| Mar 31 2021 | n/a | n/a | US$71m |
| Dec 31 2020 | US$821k | US$795k | US$71m |
| Sep 30 2020 | n/a | n/a | US$66m |
| Jun 30 2020 | n/a | n/a | US$66m |
| Mar 31 2020 | n/a | n/a | US$69m |
| Dec 31 2019 | US$758k | US$758k | US$73m |
| Sep 30 2019 | n/a | n/a | US$83m |
| Jun 30 2019 | n/a | n/a | US$81m |
| Mar 31 2019 | n/a | n/a | US$77m |
| Dec 31 2018 | US$706k | US$706k | US$73m |
| Sep 30 2018 | n/a | n/a | US$89m |
| Jun 30 2018 | n/a | n/a | US$78m |
| Mar 31 2018 | n/a | n/a | US$75m |
| Dec 31 2017 | US$662k | US$662k | US$75m |
Compensation vs Market: Mike's total compensation ($USD1.01M) is below average for companies of similar size in the US market ($USD3.24M).
Compensation vs Earnings: Mike's compensation has increased whilst the company is unprofitable.
CEO
Mike Gerdin (54 yo)
18.6yrs
Tenure
US$1,012,483
Compensation
Mr. Michael J. Gerdin, also known as Mike, has been the Chief Executive Officer and President of Heartland Express, Inc. since September 2011 and since May 2006 respectively. He served as the President of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 18.6yrs | US$1.01m | 20.35% $ 177.8m | |
| VP of Finance | 9.6yrs | US$331.16k | 0.025% $ 222.6k | |
| Chief Operating Officer | 2.4yrs | US$334.44k | 0.0019% $ 16.4k | |
| Vice President of Sales | no data | no data | no data | |
| Secretary | no data | no data | 0.0087% $ 76.3k |
9.6yrs
Average Tenure
54yo
Average Age
Experienced Management: HTLD's management team is seasoned and experienced (9.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 28.9yrs | US$1.01m | 20.35% $ 177.8m | |
| Independent Director | 29.9yrs | US$75.80k | 0.0039% $ 33.6k | |
| Director | 4.2yrs | US$328.49k | 0.051% $ 447.8k | |
| Independent Director | 18.5yrs | US$81.30k | 0.030% $ 260.8k | |
| Independent Director | 7.9yrs | US$76.55k | 0.0044% $ 38.2k | |
| Independent Director | 1.2yrs | US$9.96k | no data |
13.2yrs
Average Tenure
62.5yo
Average Age
Experienced Board: HTLD's board of directors are seasoned and experienced ( 13.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 17:51 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Heartland Express, Inc. is covered by 29 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Garrett Holland | Baird |
| Eric Morgan | Barclays |
| Garrett Chase | Barclays |