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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and JBG SMITH Properties (JBGS). Click either name above to swap in a different company.

HEARTLAND EXPRESS INC is the larger business by last-quarter revenue ($179.4M vs $127.6M, roughly 1.4× JBG SMITH Properties). HEARTLAND EXPRESS INC runs the higher net margin — -10.8% vs -35.7%, a 24.9% gap on every dollar of revenue. On growth, JBG SMITH Properties posted the faster year-over-year revenue change (-2.5% vs -26.1%). Over the past eight quarters, JBG SMITH Properties's revenue compounded faster (-6.3% CAGR vs -18.5%).

Heartland Express is an American trucking company headquartered in North Liberty, Iowa. The company offers truckload shipping services across the United States.

JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland.

HTLD vs JBGS — Head-to-Head

Bigger by revenue
HTLD
HTLD
1.4× larger
HTLD
$179.4M
$127.6M
JBGS
Growing faster (revenue YoY)
JBGS
JBGS
+23.6% gap
JBGS
-2.5%
-26.1%
HTLD
Higher net margin
HTLD
HTLD
24.9% more per $
HTLD
-10.8%
-35.7%
JBGS
Faster 2-yr revenue CAGR
JBGS
JBGS
Annualised
JBGS
-6.3%
-18.5%
HTLD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HTLD
HTLD
JBGS
JBGS
Revenue
$179.4M
$127.6M
Net Profit
$-19.4M
$-45.5M
Gross Margin
Operating Margin
-12.7%
-47.5%
Net Margin
-10.8%
-35.7%
Revenue YoY
-26.1%
-2.5%
Net Profit YoY
-949.2%
24.0%
EPS (diluted)
$-0.24
$-0.76

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HTLD
HTLD
JBGS
JBGS
Q4 25
$179.4M
$127.6M
Q3 25
$196.5M
$123.9M
Q2 25
$210.4M
$126.5M
Q1 25
$219.4M
$120.7M
Q4 24
$242.6M
$130.8M
Q3 24
$259.9M
$136.0M
Q2 24
$274.8M
$135.3M
Q1 24
$270.3M
$145.2M
Net Profit
HTLD
HTLD
JBGS
JBGS
Q4 25
$-19.4M
$-45.5M
Q3 25
$-8.3M
$-28.6M
Q2 25
$-10.9M
$-19.2M
Q1 25
$-13.9M
$-45.7M
Q4 24
$-1.9M
$-59.9M
Q3 24
$-9.3M
$-27.0M
Q2 24
$-3.5M
$-24.4M
Q1 24
$-15.1M
$-32.3M
Operating Margin
HTLD
HTLD
JBGS
JBGS
Q4 25
-12.7%
-47.5%
Q3 25
-3.7%
-27.5%
Q2 25
-5.9%
-18.4%
Q1 25
-6.8%
-44.7%
Q4 24
0.4%
-53.6%
Q3 24
-2.7%
-22.4%
Q2 24
0.1%
-24.3%
Q1 24
-5.3%
-30.1%
Net Margin
HTLD
HTLD
JBGS
JBGS
Q4 25
-10.8%
-35.7%
Q3 25
-4.2%
-23.1%
Q2 25
-5.2%
-15.2%
Q1 25
-6.3%
-37.9%
Q4 24
-0.8%
-45.8%
Q3 24
-3.6%
-19.8%
Q2 24
-1.3%
-18.0%
Q1 24
-5.6%
-22.2%
EPS (diluted)
HTLD
HTLD
JBGS
JBGS
Q4 25
$-0.24
$-0.76
Q3 25
$-0.11
$-0.48
Q2 25
$-0.14
$-0.29
Q1 25
$-0.18
$-0.56
Q4 24
$-0.03
$-0.70
Q3 24
$-0.12
$-0.32
Q2 24
$-0.04
$-0.27
Q1 24
$-0.19
$-0.36

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HTLD
HTLD
JBGS
JBGS
Cash + ST InvestmentsLiquidity on hand
$18.5M
$75.3M
Total DebtLower is stronger
$154.1M
Stockholders' EquityBook value
$755.3M
$1.2B
Total Assets
$1.2B
$4.4B
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTLD
HTLD
JBGS
JBGS
Q4 25
$18.5M
$75.3M
Q3 25
$32.7M
$64.4M
Q2 25
$22.9M
$61.4M
Q1 25
$23.9M
$81.3M
Q4 24
$12.8M
$145.8M
Q3 24
$30.7M
$137.0M
Q2 24
$23.9M
$163.5M
Q1 24
$23.8M
$220.5M
Total Debt
HTLD
HTLD
JBGS
JBGS
Q4 25
$154.1M
Q3 25
Q2 25
Q1 25
Q4 24
$187.9M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HTLD
HTLD
JBGS
JBGS
Q4 25
$755.3M
$1.2B
Q3 25
$775.6M
$1.2B
Q2 25
$786.7M
$1.3B
Q1 25
$807.7M
$1.6B
Q4 24
$822.6M
$1.8B
Q3 24
$825.7M
$1.9B
Q2 24
$836.8M
$2.0B
Q1 24
$848.8M
$2.1B
Total Assets
HTLD
HTLD
JBGS
JBGS
Q4 25
$1.2B
$4.4B
Q3 25
$1.3B
$4.4B
Q2 25
$1.3B
$4.5B
Q1 25
$1.3B
$4.7B
Q4 24
$1.3B
$5.0B
Q3 24
$1.4B
$5.2B
Q2 24
$1.4B
$5.3B
Q1 24
$1.5B
$5.4B
Debt / Equity
HTLD
HTLD
JBGS
JBGS
Q4 25
0.20×
Q3 25
Q2 25
Q1 25
Q4 24
0.23×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HTLD
HTLD
JBGS
JBGS
Operating Cash FlowLast quarter
$14.9M
$73.3M
Free Cash FlowOCF − Capex
$-44.2M
FCF MarginFCF / Revenue
-24.6%
Capex IntensityCapex / Revenue
33.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-66.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTLD
HTLD
JBGS
JBGS
Q4 25
$14.9M
$73.3M
Q3 25
$27.5M
$8.9M
Q2 25
$21.0M
$18.8M
Q1 25
$25.8M
$12.9M
Q4 24
$37.8M
$129.4M
Q3 24
$35.6M
$26.4M
Q2 24
$40.0M
$23.8M
Q1 24
$31.0M
$37.0M
Free Cash Flow
HTLD
HTLD
JBGS
JBGS
Q4 25
$-44.2M
Q3 25
$-12.2M
Q2 25
$-12.8M
Q1 25
$2.3M
Q4 24
$-45.5M
Q3 24
$24.6M
Q2 24
$29.4M
Q1 24
$26.3M
FCF Margin
HTLD
HTLD
JBGS
JBGS
Q4 25
-24.6%
Q3 25
-6.2%
Q2 25
-6.1%
Q1 25
1.0%
Q4 24
-18.8%
Q3 24
9.5%
Q2 24
10.7%
Q1 24
9.7%
Capex Intensity
HTLD
HTLD
JBGS
JBGS
Q4 25
33.0%
Q3 25
20.2%
Q2 25
16.1%
Q1 25
10.7%
Q4 24
34.3%
Q3 24
4.2%
Q2 24
3.8%
Q1 24
1.7%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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