vs
Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and New Fortress Energy Inc. (NFE). Click either name above to swap in a different company.
New Fortress Energy Inc. is the larger business by last-quarter revenue ($326.2M vs $179.4M, roughly 1.8× HEARTLAND EXPRESS INC). HEARTLAND EXPRESS INC runs the higher net margin — -10.8% vs -259.7%, a 248.8% gap on every dollar of revenue. On growth, New Fortress Energy Inc. posted the faster year-over-year revenue change (-7.0% vs -26.1%). HEARTLAND EXPRESS INC produced more free cash flow last quarter ($-44.2M vs $-134.8M). Over the past eight quarters, HEARTLAND EXPRESS INC's revenue compounded faster (-18.5% CAGR vs -26.8%).
Heartland Express is an American trucking company headquartered in North Liberty, Iowa. The company offers truckload shipping services across the United States.
New Fortress Energy Inc. is a global energy infrastructure firm developing, owning and operating LNG import/export terminals, natural gas supply networks and low-carbon projects. It serves utility, industrial and public sector clients across the Americas and Caribbean, delivering affordable, lower-emission energy resources.
HTLD vs NFE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $179.4M | $326.2M |
| Net Profit | $-19.4M | $-847.1M |
| Gross Margin | — | 35.5% |
| Operating Margin | -12.7% | -193.0% |
| Net Margin | -10.8% | -259.7% |
| Revenue YoY | -26.1% | -7.0% |
| Net Profit YoY | -949.2% | -277.4% |
| EPS (diluted) | $-0.24 | $-3.03 |
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 | $326.2M | ||
| Q3 25 | $196.5M | $240.3M | ||
| Q2 25 | $210.4M | $228.1M | ||
| Q1 25 | $219.4M | $384.9M | ||
| Q4 24 | $242.6M | $350.7M | ||
| Q3 24 | $259.9M | $446.0M | ||
| Q2 24 | $274.8M | $291.2M | ||
| Q1 24 | $270.3M | $609.5M |
| Q4 25 | $-19.4M | $-847.1M | ||
| Q3 25 | $-8.3M | $-263.0M | ||
| Q2 25 | $-10.9M | $-546.5M | ||
| Q1 25 | $-13.9M | $-175.4M | ||
| Q4 24 | $-1.9M | $-224.4M | ||
| Q3 24 | $-9.3M | $9.3M | ||
| Q2 24 | $-3.5M | $-88.9M | ||
| Q1 24 | $-15.1M | $54.1M |
| Q4 25 | — | 35.5% | ||
| Q3 25 | — | 18.1% | ||
| Q2 25 | — | 8.4% | ||
| Q1 25 | — | 21.4% | ||
| Q4 24 | — | 17.6% | ||
| Q3 24 | — | 27.1% | ||
| Q2 24 | — | 23.8% | ||
| Q1 24 | — | 62.4% |
| Q4 25 | -12.7% | -193.0% | ||
| Q3 25 | -3.7% | -37.4% | ||
| Q2 25 | -5.9% | -170.3% | ||
| Q1 25 | -6.8% | -3.3% | ||
| Q4 24 | 0.4% | 65.0% | ||
| Q3 24 | -2.7% | 17.8% | ||
| Q2 24 | 0.1% | 12.3% | ||
| Q1 24 | -5.3% | 30.4% |
| Q4 25 | -10.8% | -259.7% | ||
| Q3 25 | -4.2% | -109.4% | ||
| Q2 25 | -5.2% | -239.6% | ||
| Q1 25 | -6.3% | -45.6% | ||
| Q4 24 | -0.8% | -64.0% | ||
| Q3 24 | -3.6% | 2.1% | ||
| Q2 24 | -1.3% | -30.5% | ||
| Q1 24 | -5.6% | 8.9% |
| Q4 25 | $-0.24 | $-3.03 | ||
| Q3 25 | $-0.11 | $-0.96 | ||
| Q2 25 | $-0.14 | $-1.99 | ||
| Q1 25 | $-0.18 | $-0.65 | ||
| Q4 24 | $-0.03 | $-1.10 | ||
| Q3 24 | $-0.12 | $0.03 | ||
| Q2 24 | $-0.04 | $-0.42 | ||
| Q1 24 | $-0.19 | $0.23 |
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 | $226.5M |
| Total DebtLower is stronger | $154.1M | $8.2B |
| Stockholders' EquityBook value | $755.3M | $182.6M |
| Total Assets | $1.2B | $10.6B |
| Debt / EquityLower = less leverage | 0.20× | 44.78× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.5M | $226.5M | ||
| Q3 25 | $32.7M | $145.2M | ||
| Q2 25 | $22.9M | $551.1M | ||
| Q1 25 | $23.9M | $447.9M | ||
| Q4 24 | $12.8M | $492.9M | ||
| Q3 24 | $30.7M | $90.8M | ||
| Q2 24 | $23.9M | $133.0M | ||
| Q1 24 | $23.8M | $143.5M |
| Q4 25 | $154.1M | $8.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $187.9M | $8.9B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $755.3M | $182.6M | ||
| Q3 25 | $775.6M | $1.1B | ||
| Q2 25 | $786.7M | $1.3B | ||
| Q1 25 | $807.7M | $1.8B | ||
| Q4 24 | $822.6M | $1.9B | ||
| Q3 24 | $825.7M | $1.6B | ||
| Q2 24 | $836.8M | $1.6B | ||
| Q1 24 | $848.8M | $1.7B |
| Q4 25 | $1.2B | $10.6B | ||
| Q3 25 | $1.3B | $12.0B | ||
| Q2 25 | $1.3B | $12.0B | ||
| Q1 25 | $1.3B | $13.1B | ||
| Q4 24 | $1.3B | $12.9B | ||
| Q3 24 | $1.4B | $12.0B | ||
| Q2 24 | $1.4B | $11.4B | ||
| Q1 24 | $1.5B | $10.9B |
| Q4 25 | 0.20× | 44.78× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.23× | 4.74× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $14.9M | $-76.2M |
| Free Cash FlowOCF − Capex | $-44.2M | $-134.8M |
| FCF MarginFCF / Revenue | -24.6% | -41.3% |
| Capex IntensityCapex / Revenue | 33.0% | 18.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-66.9M | $-1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.9M | $-76.2M | ||
| Q3 25 | $27.5M | $-171.0M | ||
| Q2 25 | $21.0M | $-329.0M | ||
| Q1 25 | $25.8M | $-7.2M | ||
| Q4 24 | $37.8M | $445.3M | ||
| Q3 24 | $35.6M | $-20.0M | ||
| Q2 24 | $40.0M | $113.9M | ||
| Q1 24 | $31.0M | $63.0M |
| Q4 25 | $-44.2M | $-134.8M | ||
| Q3 25 | $-12.2M | $-231.6M | ||
| Q2 25 | $-12.8M | $-726.7M | ||
| Q1 25 | $2.3M | $-262.3M | ||
| Q4 24 | $-45.5M | $-210.3M | ||
| Q3 24 | $24.6M | $-367.0M | ||
| Q2 24 | $29.4M | $-493.2M | ||
| Q1 24 | $26.3M | $-457.9M |
| Q4 25 | -24.6% | -41.3% | ||
| Q3 25 | -6.2% | -96.4% | ||
| Q2 25 | -6.1% | -318.6% | ||
| Q1 25 | 1.0% | -68.2% | ||
| Q4 24 | -18.8% | -60.0% | ||
| Q3 24 | 9.5% | -82.3% | ||
| Q2 24 | 10.7% | -169.3% | ||
| Q1 24 | 9.7% | -75.1% |
| Q4 25 | 33.0% | 18.0% | ||
| Q3 25 | 20.2% | 25.2% | ||
| Q2 25 | 16.1% | 174.4% | ||
| Q1 25 | 10.7% | 66.3% | ||
| Q4 24 | 34.3% | 187.0% | ||
| Q3 24 | 4.2% | 77.8% | ||
| Q2 24 | 3.8% | 208.4% | ||
| Q1 24 | 1.7% | 85.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -2.15× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.16× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
