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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and MGIC INVESTMENT CORP (MTG). Click either name above to swap in a different company.
MGIC INVESTMENT CORP is the larger business by last-quarter revenue ($297.1M vs $179.4M, roughly 1.7× HEARTLAND EXPRESS INC). MGIC INVESTMENT CORP runs the higher net margin — 55.6% vs -10.8%, a 66.5% gap on every dollar of revenue. On growth, MGIC INVESTMENT CORP posted the faster year-over-year revenue change (-3.0% vs -26.1%). Over the past eight quarters, MGIC INVESTMENT CORP's revenue compounded faster (-1.4% 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.
MGIC Investment Corporation NYSE: MTG ("MGIC") is a provider of private mortgage insurance in the United States. The company is headquartered in Milwaukee, Wisconsin.
HTLD vs MTG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $179.4M | $297.1M |
| Net Profit | $-19.4M | $165.3M |
| Gross Margin | — | — |
| Operating Margin | -12.7% | — |
| Net Margin | -10.8% | 55.6% |
| Revenue YoY | -26.1% | -3.0% |
| Net Profit YoY | -949.2% | -10.9% |
| 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.
| Q1 26 | — | $297.1M | ||
| Q4 25 | $179.4M | $298.7M | ||
| Q3 25 | $196.5M | $304.5M | ||
| Q2 25 | $210.4M | $304.2M | ||
| Q1 25 | $219.4M | $306.2M | ||
| Q4 24 | $242.6M | $301.4M | ||
| Q3 24 | $259.9M | $306.6M | ||
| Q2 24 | $274.8M | $305.3M |
| Q1 26 | — | $165.3M | ||
| Q4 25 | $-19.4M | $169.3M | ||
| Q3 25 | $-8.3M | $191.1M | ||
| Q2 25 | $-10.9M | $192.5M | ||
| Q1 25 | $-13.9M | $185.5M | ||
| Q4 24 | $-1.9M | $184.7M | ||
| Q3 24 | $-9.3M | $200.0M | ||
| Q2 24 | $-3.5M | $204.2M |
| Q1 26 | — | — | ||
| Q4 25 | -12.7% | 71.2% | ||
| Q3 25 | -3.7% | 77.2% | ||
| Q2 25 | -5.9% | 80.9% | ||
| Q1 25 | -6.8% | 76.6% | ||
| Q4 24 | 0.4% | 77.9% | ||
| Q3 24 | -2.7% | 82.9% | ||
| Q2 24 | 0.1% | 85.1% |
| Q1 26 | — | 55.6% | ||
| Q4 25 | -10.8% | 56.7% | ||
| Q3 25 | -4.2% | 62.8% | ||
| Q2 25 | -5.2% | 63.3% | ||
| Q1 25 | -6.3% | 60.6% | ||
| Q4 24 | -0.8% | 61.3% | ||
| Q3 24 | -3.6% | 65.2% | ||
| Q2 24 | -1.3% | 66.9% |
| Q1 26 | — | $0.76 | ||
| Q4 25 | $-0.24 | $0.75 | ||
| Q3 25 | $-0.11 | $0.83 | ||
| Q2 25 | $-0.14 | $0.81 | ||
| Q1 25 | $-0.18 | $0.75 | ||
| Q4 24 | $-0.03 | $0.71 | ||
| Q3 24 | $-0.12 | $0.77 | ||
| Q2 24 | $-0.04 | $0.77 |
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 | $235.1M |
| Total DebtLower is stronger | $154.1M | — |
| Stockholders' EquityBook value | $755.3M | $5.0B |
| Total Assets | $1.2B | $6.4B |
| Debt / EquityLower = less leverage | 0.20× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $235.1M | ||
| Q4 25 | $18.5M | $369.0M | ||
| Q3 25 | $32.7M | $266.9M | ||
| Q2 25 | $22.9M | $294.9M | ||
| Q1 25 | $23.9M | $207.0M | ||
| Q4 24 | $12.8M | $229.5M | ||
| Q3 24 | $30.7M | $288.6M | ||
| Q2 24 | $23.9M | $281.8M |
| Q1 26 | — | — | ||
| Q4 25 | $154.1M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $187.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $5.0B | ||
| Q4 25 | $755.3M | $5.1B | ||
| Q3 25 | $775.6M | $5.2B | ||
| Q2 25 | $786.7M | $5.2B | ||
| Q1 25 | $807.7M | $5.1B | ||
| Q4 24 | $822.6M | $5.2B | ||
| Q3 24 | $825.7M | $5.3B | ||
| Q2 24 | $836.8M | $5.1B |
| Q1 26 | — | $6.4B | ||
| Q4 25 | $1.2B | $6.6B | ||
| Q3 25 | $1.3B | $6.6B | ||
| Q2 25 | $1.3B | $6.5B | ||
| Q1 25 | $1.3B | $6.5B | ||
| Q4 24 | $1.3B | $6.5B | ||
| Q3 24 | $1.4B | $6.7B | ||
| Q2 24 | $1.4B | $6.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.20× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.23× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $14.9M | $230.8M | ||
| Q3 25 | $27.5M | $215.4M | ||
| Q2 25 | $21.0M | $183.0M | ||
| Q1 25 | $25.8M | $223.7M | ||
| Q4 24 | $37.8M | $182.4M | ||
| Q3 24 | $35.6M | $182.9M | ||
| Q2 24 | $40.0M | $169.2M |
| Q1 26 | — | — | ||
| Q4 25 | $-44.2M | $230.2M | ||
| Q3 25 | $-12.2M | $215.1M | ||
| Q2 25 | $-12.8M | $183.0M | ||
| Q1 25 | $2.3M | $223.5M | ||
| Q4 24 | $-45.5M | $181.9M | ||
| Q3 24 | $24.6M | $182.5M | ||
| Q2 24 | $29.4M | $169.0M |
| Q1 26 | — | — | ||
| Q4 25 | -24.6% | 77.1% | ||
| Q3 25 | -6.2% | 70.6% | ||
| Q2 25 | -6.1% | 60.1% | ||
| Q1 25 | 1.0% | 73.0% | ||
| Q4 24 | -18.8% | 60.3% | ||
| Q3 24 | 9.5% | 59.5% | ||
| Q2 24 | 10.7% | 55.3% |
| Q1 26 | — | — | ||
| Q4 25 | 33.0% | 0.2% | ||
| Q3 25 | 20.2% | 0.1% | ||
| Q2 25 | 16.1% | 0.0% | ||
| Q1 25 | 10.7% | 0.0% | ||
| Q4 24 | 34.3% | 0.2% | ||
| Q3 24 | 4.2% | 0.1% | ||
| Q2 24 | 3.8% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.36× | ||
| Q3 25 | — | 1.13× | ||
| Q2 25 | — | 0.95× | ||
| Q1 25 | — | 1.21× | ||
| Q4 24 | — | 0.99× | ||
| Q3 24 | — | 0.91× | ||
| Q2 24 | — | 0.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
