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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and KITE REALTY GROUP TRUST (KRG). Click either name above to swap in a different company.

KITE REALTY GROUP TRUST is the larger business by last-quarter revenue ($200.7M vs $179.4M, roughly 1.1× HEARTLAND EXPRESS INC). KITE REALTY GROUP TRUST runs the higher net margin — 0.2% vs -10.8%, a 11.0% gap on every dollar of revenue. On growth, KITE REALTY GROUP TRUST posted the faster year-over-year revenue change (-9.2% vs -26.1%). Over the past eight quarters, KITE REALTY GROUP TRUST's revenue compounded faster (-2.8% 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.

Kite Realty Group Trust is a publicly traded U.S.-headquartered real estate investment trust. It primarily owns, operates, and develops high-quality open-air shopping centers and mixed-use properties, with a portfolio spanning key regional markets across the United States. Its tenant base includes national retail chains, local independent merchants, and dining and entertainment operators, serving local community consumer needs.

HTLD vs KRG — Head-to-Head

Bigger by revenue
KRG
KRG
1.1× larger
KRG
$200.7M
$179.4M
HTLD
Growing faster (revenue YoY)
KRG
KRG
+16.8% gap
KRG
-9.2%
-26.1%
HTLD
Higher net margin
KRG
KRG
11.0% more per $
KRG
0.2%
-10.8%
HTLD
Faster 2-yr revenue CAGR
KRG
KRG
Annualised
KRG
-2.8%
-18.5%
HTLD

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HTLD
HTLD
KRG
KRG
Revenue
$179.4M
$200.7M
Net Profit
$-19.4M
$330.0K
Gross Margin
Operating Margin
-12.7%
Net Margin
-10.8%
0.2%
Revenue YoY
-26.1%
-9.2%
Net Profit YoY
-949.2%
-51.6%
EPS (diluted)
$-0.24
$0.06

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
KRG
KRG
Q1 26
$200.7M
Q4 25
$179.4M
$204.2M
Q3 25
$196.5M
$205.1M
Q2 25
$210.4M
$213.4M
Q1 25
$219.4M
$221.8M
Q4 24
$242.6M
$214.7M
Q3 24
$259.9M
$207.3M
Q2 24
$274.8M
$212.4M
Net Profit
HTLD
HTLD
KRG
KRG
Q1 26
$330.0K
Q4 25
$-19.4M
$180.8M
Q3 25
$-8.3M
$-16.2M
Q2 25
$-10.9M
$110.3M
Q1 25
$-13.9M
$23.7M
Q4 24
$-1.9M
$21.8M
Q3 24
$-9.3M
$16.7M
Q2 24
$-3.5M
$-48.6M
Operating Margin
HTLD
HTLD
KRG
KRG
Q1 26
Q4 25
-12.7%
Q3 25
-3.7%
Q2 25
-5.9%
Q1 25
-6.8%
24.2%
Q4 24
0.4%
23.0%
Q3 24
-2.7%
21.7%
Q2 24
0.1%
-10.5%
Net Margin
HTLD
HTLD
KRG
KRG
Q1 26
0.2%
Q4 25
-10.8%
88.6%
Q3 25
-4.2%
-7.9%
Q2 25
-5.2%
51.7%
Q1 25
-6.3%
10.7%
Q4 24
-0.8%
10.2%
Q3 24
-3.6%
8.1%
Q2 24
-1.3%
-22.9%
EPS (diluted)
HTLD
HTLD
KRG
KRG
Q1 26
$0.06
Q4 25
$-0.24
$0.83
Q3 25
$-0.11
$-0.07
Q2 25
$-0.14
$0.50
Q1 25
$-0.18
$0.11
Q4 24
$-0.03
$0.10
Q3 24
$-0.12
$0.08
Q2 24
$-0.04
$-0.22

Balance Sheet & Financial Strength

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

Metric
HTLD
HTLD
KRG
KRG
Cash + ST InvestmentsLiquidity on hand
$18.5M
$32.5M
Total DebtLower is stronger
$154.1M
Stockholders' EquityBook value
$755.3M
$2.9B
Total Assets
$1.2B
$6.4B
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTLD
HTLD
KRG
KRG
Q1 26
$32.5M
Q4 25
$18.5M
$36.8M
Q3 25
$32.7M
$68.7M
Q2 25
$22.9M
$182.0M
Q1 25
$23.9M
$49.1M
Q4 24
$12.8M
$478.1M
Q3 24
$30.7M
$467.5M
Q2 24
$23.9M
$273.8M
Total Debt
HTLD
HTLD
KRG
KRG
Q1 26
Q4 25
$154.1M
$3.0B
Q3 25
$2.9B
Q2 25
$3.0B
Q1 25
$2.9B
Q4 24
$187.9M
$3.2B
Q3 24
$3.2B
Q2 24
$3.0B
Stockholders' Equity
HTLD
HTLD
KRG
KRG
Q1 26
$2.9B
Q4 25
$755.3M
$3.1B
Q3 25
$775.6M
$3.2B
Q2 25
$786.7M
$3.3B
Q1 25
$807.7M
$3.3B
Q4 24
$822.6M
$3.3B
Q3 24
$825.7M
$3.3B
Q2 24
$836.8M
$3.4B
Total Assets
HTLD
HTLD
KRG
KRG
Q1 26
$6.4B
Q4 25
$1.2B
$6.7B
Q3 25
$1.3B
$6.6B
Q2 25
$1.3B
$6.9B
Q1 25
$1.3B
$6.7B
Q4 24
$1.3B
$7.1B
Q3 24
$1.4B
$7.1B
Q2 24
$1.4B
$7.0B
Debt / Equity
HTLD
HTLD
KRG
KRG
Q1 26
Q4 25
0.20×
0.98×
Q3 25
0.93×
Q2 25
0.91×
Q1 25
0.89×
Q4 24
0.23×
0.97×
Q3 24
0.97×
Q2 24
0.88×

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
KRG
KRG
Operating Cash FlowLast quarter
$14.9M
Free Cash FlowOCF − Capex
$-44.2M
FCF MarginFCF / Revenue
-24.6%
Capex IntensityCapex / Revenue
33.0%
3.3%
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
KRG
KRG
Q1 26
Q4 25
$14.9M
$106.6M
Q3 25
$27.5M
$116.2M
Q2 25
$21.0M
$132.8M
Q1 25
$25.8M
$74.1M
Q4 24
$37.8M
$111.0M
Q3 24
$35.6M
$112.4M
Q2 24
$40.0M
$142.1M
Free Cash Flow
HTLD
HTLD
KRG
KRG
Q1 26
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
FCF Margin
HTLD
HTLD
KRG
KRG
Q1 26
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%
Capex Intensity
HTLD
HTLD
KRG
KRG
Q1 26
3.3%
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%
Cash Conversion
HTLD
HTLD
KRG
KRG
Q1 26
Q4 25
0.59×
Q3 25
Q2 25
1.20×
Q1 25
3.12×
Q4 24
5.09×
Q3 24
6.72×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HTLD
HTLD

Segment breakdown not available.

KRG
KRG

Rental income$198.0M99%
Fee income$1.3M1%

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