Heartland Financial USA, Inc. HTLF NASDAQ

Heartland Financial USA, Inc. (HTLF) generated $280.31M in operating cash flow for fiscal year 2023. After capital expenditures of $7.06M, free cash flow was $273.25M.

Free cash flow margin was 49.4% of revenue. Cash conversion ratio was 3.51x, indicating earnings are backed by cash.

The company returned $59.15M in dividends to shareholders during the period.

Criteria supported by this page:

• HEALTH (50/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (66/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (55/100) — Cash conversion ratio was 3.51x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 53/100 with 1/7 criteria passed.