In addition to winning the 1923 batting crown, Heilmann had one of his best seasons as a slugger. He finished second to Ruth in on-base percentage (.481), slugging percentage (.632) and wins above replacement (9.3). He also ranked among the American League leaders with 115 RBIs (third), 211 hits (third), 18 home runs (third), 121 runs scored (fourth), 331 total bases (fourth), 44 doubles (fourth), and 73 extra base hits (fourth). Despite hitting over .400, he finished third in the 1923 American League Most Valuable Player voting behind Ruth and Eddie Collins.