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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and Mistras Group, Inc. (MG). Click either name above to swap in a different company.
Mistras Group, Inc. is the larger business by last-quarter revenue ($181.5M vs $179.4M, roughly 1.0× HEARTLAND EXPRESS INC). Mistras Group, Inc. runs the higher net margin — 2.1% vs -10.8%, a 12.9% gap on every dollar of revenue. On growth, Mistras Group, Inc. posted the faster year-over-year revenue change (5.1% vs -26.1%). Mistras Group, Inc. produced more free cash flow last quarter ($26.0M vs $-44.2M). Over the past eight quarters, Mistras Group, Inc.'s revenue compounded faster (-0.8% 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.
Mistras Group, Inc. is a global provider of asset integrity and protection solutions, offering non-destructive testing, inspection, real-time monitoring, and engineering consulting services. Its key client segments include oil and gas, aerospace, power generation, and manufacturing industries, with operations spanning North America, Europe, and Asia-Pacific, helping clients enhance operational safety, extend asset lifespans, and minimize unplanned downtime.
HTLD vs MG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $179.4M | $181.5M |
| Net Profit | $-19.4M | $3.8M |
| Gross Margin | — | 28.4% |
| Operating Margin | -12.7% | 7.0% |
| Net Margin | -10.8% | 2.1% |
| Revenue YoY | -26.1% | 5.1% |
| Net Profit YoY | -949.2% | -27.4% |
| EPS (diluted) | $-0.24 | $0.12 |
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.
| Q4 25 | $179.4M | $181.5M | ||
| Q3 25 | $196.5M | $195.5M | ||
| Q2 25 | $210.4M | $185.4M | ||
| Q1 25 | $219.4M | $161.6M | ||
| Q4 24 | $242.6M | $172.7M | ||
| Q3 24 | $259.9M | $182.7M | ||
| Q2 24 | $274.8M | $189.8M | ||
| Q1 24 | $270.3M | $184.4M |
| Q4 25 | $-19.4M | $3.8M | ||
| Q3 25 | $-8.3M | $13.1M | ||
| Q2 25 | $-10.9M | $3.0M | ||
| Q1 25 | $-13.9M | $-3.2M | ||
| Q4 24 | $-1.9M | $5.2M | ||
| Q3 24 | $-9.3M | $6.4M | ||
| Q2 24 | $-3.5M | $6.4M | ||
| Q1 24 | $-15.1M | $995.0K |
| Q4 25 | — | 28.4% | ||
| Q3 25 | — | 29.8% | ||
| Q2 25 | — | 29.1% | ||
| Q1 25 | — | 25.3% | ||
| Q4 24 | — | 26.5% | ||
| Q3 24 | — | 26.8% | ||
| Q2 24 | — | 27.1% | ||
| Q1 24 | — | 25.0% |
| Q4 25 | -12.7% | 7.0% | ||
| Q3 25 | -3.7% | 10.4% | ||
| Q2 25 | -5.9% | 4.5% | ||
| Q1 25 | -6.8% | -0.6% | ||
| Q4 24 | 0.4% | 6.1% | ||
| Q3 24 | -2.7% | 6.5% | ||
| Q2 24 | 0.1% | 6.3% | ||
| Q1 24 | -5.3% | 3.0% |
| Q4 25 | -10.8% | 2.1% | ||
| Q3 25 | -4.2% | 6.7% | ||
| Q2 25 | -5.2% | 1.6% | ||
| Q1 25 | -6.3% | -2.0% | ||
| Q4 24 | -0.8% | 3.0% | ||
| Q3 24 | -3.6% | 3.5% | ||
| Q2 24 | -1.3% | 3.4% | ||
| Q1 24 | -5.6% | 0.5% |
| Q4 25 | $-0.24 | $0.12 | ||
| Q3 25 | $-0.11 | $0.41 | ||
| Q2 25 | $-0.14 | $0.10 | ||
| Q1 25 | $-0.18 | $-0.10 | ||
| Q4 24 | $-0.03 | $0.17 | ||
| Q3 24 | $-0.12 | $0.20 | ||
| Q2 24 | $-0.04 | $0.20 | ||
| Q1 24 | $-0.19 | $0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.5M | $28.0M |
| Total DebtLower is stronger | $154.1M | $178.0M |
| Stockholders' EquityBook value | $755.3M | $235.1M |
| Total Assets | $1.2B | $578.8M |
| Debt / EquityLower = less leverage | 0.20× | 0.76× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.5M | $28.0M | ||
| Q3 25 | $32.7M | $27.8M | ||
| Q2 25 | $22.9M | $20.0M | ||
| Q1 25 | $23.9M | $18.5M | ||
| Q4 24 | $12.8M | $18.3M | ||
| Q3 24 | $30.7M | $20.4M | ||
| Q2 24 | $23.9M | $17.2M | ||
| Q1 24 | $23.8M | $16.9M |
| Q4 25 | $154.1M | $178.0M | ||
| Q3 25 | — | $202.3M | ||
| Q2 25 | — | $189.4M | ||
| Q1 25 | — | $171.9M | ||
| Q4 24 | $187.9M | $169.6M | ||
| Q3 24 | — | $189.7M | ||
| Q2 24 | — | $199.7M | ||
| Q1 24 | — | $198.4M |
| Q4 25 | $755.3M | $235.1M | ||
| Q3 25 | $775.6M | $227.4M | ||
| Q2 25 | $786.7M | $215.8M | ||
| Q1 25 | $807.7M | $198.7M | ||
| Q4 24 | $822.6M | $198.6M | ||
| Q3 24 | $825.7M | $205.2M | ||
| Q2 24 | $836.8M | $193.2M | ||
| Q1 24 | $848.8M | $187.1M |
| Q4 25 | $1.2B | $578.8M | ||
| Q3 25 | $1.3B | $596.3M | ||
| Q2 25 | $1.3B | $571.0M | ||
| Q1 25 | $1.3B | $526.8M | ||
| Q4 24 | $1.3B | $523.0M | ||
| Q3 24 | $1.4B | $551.7M | ||
| Q2 24 | $1.4B | $548.1M | ||
| Q1 24 | $1.5B | $542.1M |
| Q4 25 | 0.20× | 0.76× | ||
| Q3 25 | — | 0.89× | ||
| Q2 25 | — | 0.88× | ||
| Q1 25 | — | 0.87× | ||
| Q4 24 | 0.23× | 0.85× | ||
| Q3 24 | — | 0.92× | ||
| Q2 24 | — | 1.03× | ||
| Q1 24 | — | 1.06× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $14.9M | $32.1M |
| Free Cash FlowOCF − Capex | $-44.2M | $26.0M |
| FCF MarginFCF / Revenue | -24.6% | 14.3% |
| Capex IntensityCapex / Revenue | 33.0% | 3.4% |
| Cash ConversionOCF / Net Profit | — | 8.55× |
| TTM Free Cash FlowTrailing 4 quarters | $-66.9M | $8.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.9M | $32.1M | ||
| Q3 25 | $27.5M | $4.5M | ||
| Q2 25 | $21.0M | $-9.3M | ||
| Q1 25 | $25.8M | $5.6M | ||
| Q4 24 | $37.8M | $25.7M | ||
| Q3 24 | $35.6M | $19.4M | ||
| Q2 24 | $40.0M | $4.5M | ||
| Q1 24 | $31.0M | $604.0K |
| Q4 25 | $-44.2M | $26.0M | ||
| Q3 25 | $-12.2M | $-4.1M | ||
| Q2 25 | $-12.8M | $-14.7M | ||
| Q1 25 | $2.3M | $1.1M | ||
| Q4 24 | $-45.5M | $22.1M | ||
| Q3 24 | $24.6M | $14.6M | ||
| Q2 24 | $29.4M | $-284.0K | ||
| Q1 24 | $26.3M | $-4.2M |
| Q4 25 | -24.6% | 14.3% | ||
| Q3 25 | -6.2% | -2.1% | ||
| Q2 25 | -6.1% | -7.9% | ||
| Q1 25 | 1.0% | 0.7% | ||
| Q4 24 | -18.8% | 12.8% | ||
| Q3 24 | 9.5% | 8.0% | ||
| Q2 24 | 10.7% | -0.1% | ||
| Q1 24 | 9.7% | -2.3% |
| Q4 25 | 33.0% | 3.4% | ||
| Q3 25 | 20.2% | 4.4% | ||
| Q2 25 | 16.1% | 2.9% | ||
| Q1 25 | 10.7% | 2.8% | ||
| Q4 24 | 34.3% | 2.1% | ||
| Q3 24 | 4.2% | 2.6% | ||
| Q2 24 | 3.8% | 2.5% | ||
| Q1 24 | 1.7% | 2.6% |
| Q4 25 | — | 8.55× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | -3.07× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.96× | ||
| Q3 24 | — | 3.02× | ||
| Q2 24 | — | 0.71× | ||
| Q1 24 | — | 0.61× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
