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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and MIMEDX GROUP, INC. (MDXG). Click either name above to swap in a different company.

HEARTLAND EXPRESS INC is the larger business by last-quarter revenue ($179.4M vs $118.1M, roughly 1.5× MIMEDX GROUP, INC.). MIMEDX GROUP, INC. runs the higher net margin — 12.9% vs -10.8%, a 23.7% gap on every dollar of revenue. On growth, MIMEDX GROUP, INC. posted the faster year-over-year revenue change (27.1% vs -26.1%). Over the past eight quarters, MIMEDX GROUP, INC.'s revenue compounded faster (18.1% 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.

MiMedx is an American biomedical company based in Marietta, Georgia, founded in 2008. Using tissues from birth such as the placenta, amniotic sac, and umbilical cord, MiMedx creates skin for skin grafts for medical use.

HTLD vs MDXG — Head-to-Head

Bigger by revenue
HTLD
HTLD
1.5× larger
HTLD
$179.4M
$118.1M
MDXG
Growing faster (revenue YoY)
MDXG
MDXG
+53.2% gap
MDXG
27.1%
-26.1%
HTLD
Higher net margin
MDXG
MDXG
23.7% more per $
MDXG
12.9%
-10.8%
HTLD
Faster 2-yr revenue CAGR
MDXG
MDXG
Annualised
MDXG
18.1%
-18.5%
HTLD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HTLD
HTLD
MDXG
MDXG
Revenue
$179.4M
$118.1M
Net Profit
$-19.4M
$15.2M
Gross Margin
83.9%
Operating Margin
-12.7%
17.8%
Net Margin
-10.8%
12.9%
Revenue YoY
-26.1%
27.1%
Net Profit YoY
-949.2%
104.2%
EPS (diluted)
$-0.24
$0.10

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
MDXG
MDXG
Q4 25
$179.4M
$118.1M
Q3 25
$196.5M
$113.7M
Q2 25
$210.4M
$98.6M
Q1 25
$219.4M
$88.2M
Q4 24
$242.6M
$92.9M
Q3 24
$259.9M
$84.1M
Q2 24
$274.8M
$87.2M
Q1 24
$270.3M
$84.7M
Net Profit
HTLD
HTLD
MDXG
MDXG
Q4 25
$-19.4M
$15.2M
Q3 25
$-8.3M
$16.7M
Q2 25
$-10.9M
$9.6M
Q1 25
$-13.9M
$7.0M
Q4 24
$-1.9M
$7.4M
Q3 24
$-9.3M
$8.1M
Q2 24
$-3.5M
$17.6M
Q1 24
$-15.1M
$9.3M
Gross Margin
HTLD
HTLD
MDXG
MDXG
Q4 25
83.9%
Q3 25
83.5%
Q2 25
81.1%
Q1 25
81.2%
Q4 24
81.8%
Q3 24
81.8%
Q2 24
83.0%
Q1 24
84.7%
Operating Margin
HTLD
HTLD
MDXG
MDXG
Q4 25
-12.7%
17.8%
Q3 25
-3.7%
19.5%
Q2 25
-5.9%
12.5%
Q1 25
-6.8%
9.4%
Q4 24
0.4%
11.9%
Q3 24
-2.7%
13.3%
Q2 24
0.1%
26.9%
Q1 24
-5.3%
15.6%
Net Margin
HTLD
HTLD
MDXG
MDXG
Q4 25
-10.8%
12.9%
Q3 25
-4.2%
14.7%
Q2 25
-5.2%
9.8%
Q1 25
-6.3%
8.0%
Q4 24
-0.8%
8.0%
Q3 24
-3.6%
9.6%
Q2 24
-1.3%
20.2%
Q1 24
-5.6%
10.9%
EPS (diluted)
HTLD
HTLD
MDXG
MDXG
Q4 25
$-0.24
$0.10
Q3 25
$-0.11
$0.11
Q2 25
$-0.14
$0.06
Q1 25
$-0.18
$0.05
Q4 24
$-0.03
$0.05
Q3 24
$-0.12
$0.05
Q2 24
$-0.04
$0.12
Q1 24
$-0.19
$0.06

Balance Sheet & Financial Strength

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

Metric
HTLD
HTLD
MDXG
MDXG
Cash + ST InvestmentsLiquidity on hand
$18.5M
$166.1M
Total DebtLower is stronger
$154.1M
$18.0M
Stockholders' EquityBook value
$755.3M
$256.5M
Total Assets
$1.2B
$342.7M
Debt / EquityLower = less leverage
0.20×
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTLD
HTLD
MDXG
MDXG
Q4 25
$18.5M
$166.1M
Q3 25
$32.7M
$142.1M
Q2 25
$22.9M
$118.9M
Q1 25
$23.9M
$106.4M
Q4 24
$12.8M
$104.4M
Q3 24
$30.7M
$88.8M
Q2 24
$23.9M
$69.0M
Q1 24
$23.8M
$48.5M
Total Debt
HTLD
HTLD
MDXG
MDXG
Q4 25
$154.1M
$18.0M
Q3 25
Q2 25
Q1 25
Q4 24
$187.9M
$19.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HTLD
HTLD
MDXG
MDXG
Q4 25
$755.3M
$256.5M
Q3 25
$775.6M
$238.9M
Q2 25
$786.7M
$216.6M
Q1 25
$807.7M
$202.8M
Q4 24
$822.6M
$193.1M
Q3 24
$825.7M
$181.0M
Q2 24
$836.8M
$168.0M
Q1 24
$848.8M
$155.7M
Total Assets
HTLD
HTLD
MDXG
MDXG
Q4 25
$1.2B
$342.7M
Q3 25
$1.3B
$319.0M
Q2 25
$1.3B
$291.1M
Q1 25
$1.3B
$270.4M
Q4 24
$1.3B
$263.9M
Q3 24
$1.4B
$243.9M
Q2 24
$1.4B
$230.2M
Q1 24
$1.5B
$221.7M
Debt / Equity
HTLD
HTLD
MDXG
MDXG
Q4 25
0.20×
0.07×
Q3 25
Q2 25
Q1 25
Q4 24
0.23×
0.10×
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
MDXG
MDXG
Operating Cash FlowLast quarter
$14.9M
$25.0M
Free Cash FlowOCF − Capex
$-44.2M
FCF MarginFCF / Revenue
-24.6%
Capex IntensityCapex / Revenue
33.0%
Cash ConversionOCF / Net Profit
1.64×
TTM Free Cash FlowTrailing 4 quarters
$-66.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTLD
HTLD
MDXG
MDXG
Q4 25
$14.9M
$25.0M
Q3 25
$27.5M
$29.3M
Q2 25
$21.0M
$14.4M
Q1 25
$25.8M
$5.3M
Q4 24
$37.8M
$18.8M
Q3 24
$35.6M
$19.6M
Q2 24
$40.0M
$21.8M
Q1 24
$31.0M
$6.0M
Free Cash Flow
HTLD
HTLD
MDXG
MDXG
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
MDXG
MDXG
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
MDXG
MDXG
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%
Cash Conversion
HTLD
HTLD
MDXG
MDXG
Q4 25
1.64×
Q3 25
1.75×
Q2 25
1.50×
Q1 25
0.75×
Q4 24
2.53×
Q3 24
2.42×
Q2 24
1.24×
Q1 24
0.65×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HTLD
HTLD

Segment breakdown not available.

MDXG
MDXG

Wound$78.7M67%
Surgical$39.4M33%

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