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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and Northwest Bancshares, Inc. (NWBI). Click either name above to swap in a different company.
HEARTLAND EXPRESS INC is the larger business by last-quarter revenue ($179.4M vs $175.1M, roughly 1.0× Northwest Bancshares, Inc.). Northwest Bancshares, Inc. runs the higher net margin — 28.9% vs -10.8%, a 39.7% gap on every dollar of revenue. Over the past eight quarters, Northwest Bancshares, Inc.'s revenue compounded faster (33.7% 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.
Northwest Bank is a bank headquartered in Warren, Pennsylvania. It is the leading subsidiary of Northwest Bancshares, Inc., a bank holding company, and operates 151 branches in Pennsylvania, Western New York, Northeast Ohio, Appalachian Ohio, and Indiana.
HTLD vs NWBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $179.4M | $175.1M |
| Net Profit | $-19.4M | $50.5M |
| Gross Margin | — | — |
| Operating Margin | -12.7% | — |
| Net Margin | -10.8% | 28.9% |
| Revenue YoY | -26.1% | — |
| Net Profit YoY | -949.2% | — |
| EPS (diluted) | $-0.24 | $0.34 |
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 | — | $175.1M | ||
| Q4 25 | $179.4M | $179.9M | ||
| Q3 25 | $196.5M | $168.2M | ||
| Q2 25 | $210.4M | $150.4M | ||
| Q1 25 | $219.4M | $156.2M | ||
| Q4 24 | $242.6M | $154.3M | ||
| Q3 24 | $259.9M | $139.1M | ||
| Q2 24 | $274.8M | $98.0M |
| Q1 26 | — | $50.5M | ||
| Q4 25 | $-19.4M | — | ||
| Q3 25 | $-8.3M | $3.2M | ||
| Q2 25 | $-10.9M | $33.7M | ||
| Q1 25 | $-13.9M | $43.5M | ||
| Q4 24 | $-1.9M | — | ||
| Q3 24 | $-9.3M | $33.6M | ||
| Q2 24 | $-3.5M | $4.7M |
| Q1 26 | — | — | ||
| Q4 25 | -12.7% | 32.6% | ||
| Q3 25 | -3.7% | 2.1% | ||
| Q2 25 | -5.9% | 29.3% | ||
| Q1 25 | -6.8% | 36.2% | ||
| Q4 24 | 0.4% | 27.5% | ||
| Q3 24 | -2.7% | 31.3% | ||
| Q2 24 | 0.1% | 6.1% |
| Q1 26 | — | 28.9% | ||
| Q4 25 | -10.8% | — | ||
| Q3 25 | -4.2% | 1.9% | ||
| Q2 25 | -5.2% | 22.4% | ||
| Q1 25 | -6.3% | 27.8% | ||
| Q4 24 | -0.8% | — | ||
| Q3 24 | -3.6% | 24.2% | ||
| Q2 24 | -1.3% | 4.8% |
| Q1 26 | — | $0.34 | ||
| Q4 25 | $-0.24 | $0.30 | ||
| Q3 25 | $-0.11 | $0.02 | ||
| Q2 25 | $-0.14 | $0.26 | ||
| Q1 25 | $-0.18 | $0.34 | ||
| Q4 24 | $-0.03 | $0.26 | ||
| Q3 24 | $-0.12 | $0.26 | ||
| Q2 24 | $-0.04 | $0.04 |
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 | $286.7M |
| Total DebtLower is stronger | $154.1M | — |
| Stockholders' EquityBook value | $755.3M | $1.9B |
| Total Assets | $1.2B | $16.9B |
| Debt / EquityLower = less leverage | 0.20× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $286.7M | ||
| Q4 25 | $18.5M | — | ||
| Q3 25 | $32.7M | — | ||
| Q2 25 | $22.9M | — | ||
| Q1 25 | $23.9M | — | ||
| Q4 24 | $12.8M | — | ||
| Q3 24 | $30.7M | — | ||
| Q2 24 | $23.9M | — |
| Q1 26 | — | — | ||
| Q4 25 | $154.1M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $187.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.9B | ||
| Q4 25 | $755.3M | $1.9B | ||
| Q3 25 | $775.6M | $1.9B | ||
| Q2 25 | $786.7M | $1.6B | ||
| Q1 25 | $807.7M | $1.6B | ||
| Q4 24 | $822.6M | $1.6B | ||
| Q3 24 | $825.7M | $1.6B | ||
| Q2 24 | $836.8M | $1.6B |
| Q1 26 | — | $16.9B | ||
| Q4 25 | $1.2B | $16.8B | ||
| Q3 25 | $1.3B | $16.4B | ||
| Q2 25 | $1.3B | $14.5B | ||
| Q1 25 | $1.3B | $14.5B | ||
| Q4 24 | $1.3B | $14.4B | ||
| Q3 24 | $1.4B | $14.4B | ||
| Q2 24 | $1.4B | $14.4B |
| 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 | $153.4M | ||
| Q3 25 | $27.5M | $41.9M | ||
| Q2 25 | $21.0M | $-2.3M | ||
| Q1 25 | $25.8M | $107.6M | ||
| Q4 24 | $37.8M | $127.7M | ||
| Q3 24 | $35.6M | $93.3M | ||
| Q2 24 | $40.0M | $40.7M |
| Q1 26 | — | — | ||
| Q4 25 | $-44.2M | $141.8M | ||
| Q3 25 | $-12.2M | $38.3M | ||
| Q2 25 | $-12.8M | $-6.0M | ||
| Q1 25 | $2.3M | $105.8M | ||
| Q4 24 | $-45.5M | $125.4M | ||
| Q3 24 | $24.6M | $93.2M | ||
| Q2 24 | $29.4M | $37.2M |
| Q1 26 | — | — | ||
| Q4 25 | -24.6% | 78.8% | ||
| Q3 25 | -6.2% | 22.8% | ||
| Q2 25 | -6.1% | -4.0% | ||
| Q1 25 | 1.0% | 67.7% | ||
| Q4 24 | -18.8% | 81.3% | ||
| Q3 24 | 9.5% | 67.0% | ||
| Q2 24 | 10.7% | 37.9% |
| Q1 26 | — | — | ||
| Q4 25 | 33.0% | 6.5% | ||
| Q3 25 | 20.2% | 2.2% | ||
| Q2 25 | 16.1% | 2.4% | ||
| Q1 25 | 10.7% | 1.2% | ||
| Q4 24 | 34.3% | 1.5% | ||
| Q3 24 | 4.2% | 0.1% | ||
| Q2 24 | 3.8% | 3.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 13.24× | ||
| Q2 25 | — | -0.07× | ||
| Q1 25 | — | 2.48× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.77× | ||
| Q2 24 | — | 8.56× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HTLD
Segment breakdown not available.
NWBI
| Net Interest Income | $142.5M | 81% |
| Noninterest Income | $32.6M | 19% |
