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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and ONESPAWORLD HOLDINGS Ltd (OSW). Click either name above to swap in a different company.
ONESPAWORLD HOLDINGS Ltd is the larger business by last-quarter revenue ($242.1M vs $179.4M, roughly 1.3× HEARTLAND EXPRESS INC). ONESPAWORLD HOLDINGS Ltd runs the higher net margin — 5.0% vs -10.8%, a 15.8% gap on every dollar of revenue. On growth, ONESPAWORLD HOLDINGS Ltd posted the faster year-over-year revenue change (11.5% vs -26.1%). ONESPAWORLD HOLDINGS Ltd produced more free cash flow last quarter ($14.9M vs $-44.2M). Over the past eight quarters, ONESPAWORLD HOLDINGS Ltd's revenue compounded faster (7.1% 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.
HTLD vs OSW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $179.4M | $242.1M |
| Net Profit | $-19.4M | $12.1M |
| Gross Margin | — | — |
| Operating Margin | -12.7% | 6.8% |
| Net Margin | -10.8% | 5.0% |
| Revenue YoY | -26.1% | 11.5% |
| Net Profit YoY | -949.2% | -16.2% |
| 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 | $242.1M | ||
| Q3 25 | $196.5M | $258.5M | ||
| Q2 25 | $210.4M | $240.7M | ||
| Q1 25 | $219.4M | $219.6M | ||
| Q4 24 | $242.6M | $217.2M | ||
| Q3 24 | $259.9M | $241.7M | ||
| Q2 24 | $274.8M | $224.9M | ||
| Q1 24 | $270.3M | $211.2M |
| Q4 25 | $-19.4M | $12.1M | ||
| Q3 25 | $-8.3M | $24.3M | ||
| Q2 25 | $-10.9M | $19.9M | ||
| Q1 25 | $-13.9M | $15.3M | ||
| Q4 24 | $-1.9M | $14.4M | ||
| Q3 24 | $-9.3M | $21.6M | ||
| Q2 24 | $-3.5M | $15.8M | ||
| Q1 24 | $-15.1M | $21.2M |
| Q4 25 | -12.7% | 6.8% | ||
| Q3 25 | -3.7% | 10.2% | ||
| Q2 25 | -5.9% | 9.2% | ||
| Q1 25 | -6.8% | 7.7% | ||
| Q4 24 | 0.4% | 7.9% | ||
| Q3 24 | -2.7% | 10.3% | ||
| Q2 24 | 0.1% | 8.4% | ||
| Q1 24 | -5.3% | 8.0% |
| Q4 25 | -10.8% | 5.0% | ||
| Q3 25 | -4.2% | 9.4% | ||
| Q2 25 | -5.2% | 8.3% | ||
| Q1 25 | -6.3% | 7.0% | ||
| Q4 24 | -0.8% | 6.6% | ||
| Q3 24 | -3.6% | 8.9% | ||
| Q2 24 | -1.3% | 7.0% | ||
| Q1 24 | -5.6% | 10.0% |
| Q4 25 | $-0.24 | $0.12 | ||
| Q3 25 | $-0.11 | $0.23 | ||
| Q2 25 | $-0.14 | $0.19 | ||
| Q1 25 | $-0.18 | $0.15 | ||
| Q4 24 | $-0.03 | $0.13 | ||
| Q3 24 | $-0.12 | $0.20 | ||
| Q2 24 | $-0.04 | $0.15 | ||
| Q1 24 | $-0.19 | $0.21 |
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 | $16.3M |
| Total DebtLower is stronger | $154.1M | $84.0M |
| Stockholders' EquityBook value | $755.3M | $542.6M |
| Total Assets | $1.2B | $707.1M |
| Debt / EquityLower = less leverage | 0.20× | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.5M | $16.3M | ||
| Q3 25 | $32.7M | $29.6M | ||
| Q2 25 | $22.9M | $35.0M | ||
| Q1 25 | $23.9M | $22.6M | ||
| Q4 24 | $12.8M | $57.4M | ||
| Q3 24 | $30.7M | $48.8M | ||
| Q2 24 | $23.9M | $62.5M | ||
| Q1 24 | $23.8M | $65.4M |
| Q4 25 | $154.1M | $84.0M | ||
| Q3 25 | — | $85.2M | ||
| Q2 25 | — | $96.2M | ||
| Q1 25 | — | $97.4M | ||
| Q4 24 | $187.9M | $98.6M | ||
| Q3 24 | — | $98.7M | ||
| Q2 24 | — | $123.8M | ||
| Q1 24 | — | $138.6M |
| Q4 25 | $755.3M | $542.6M | ||
| Q3 25 | $775.6M | $552.8M | ||
| Q2 25 | $786.7M | $548.3M | ||
| Q1 25 | $807.7M | $530.6M | ||
| Q4 24 | $822.6M | $554.5M | ||
| Q3 24 | $825.7M | $540.1M | ||
| Q2 24 | $836.8M | $532.7M | ||
| Q1 24 | $848.8M | $515.5M |
| Q4 25 | $1.2B | $707.1M | ||
| Q3 25 | $1.3B | $732.6M | ||
| Q2 25 | $1.3B | $731.8M | ||
| Q1 25 | $1.3B | $708.7M | ||
| Q4 24 | $1.3B | $746.4M | ||
| Q3 24 | $1.4B | $734.0M | ||
| Q2 24 | $1.4B | $756.8M | ||
| Q1 24 | $1.5B | $763.6M |
| Q4 25 | 0.20× | 0.15× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.18× | ||
| Q1 25 | — | 0.18× | ||
| Q4 24 | 0.23× | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.23× | ||
| Q1 24 | — | 0.27× |
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 | $20.0M |
| Free Cash FlowOCF − Capex | $-44.2M | $14.9M |
| FCF MarginFCF / Revenue | -24.6% | 6.2% |
| Capex IntensityCapex / Revenue | 33.0% | 2.1% |
| Cash ConversionOCF / Net Profit | — | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | $-66.9M | $68.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.9M | $20.0M | ||
| Q3 25 | $27.5M | $33.2M | ||
| Q2 25 | $21.0M | $20.3M | ||
| Q1 25 | $25.8M | $10.1M | ||
| Q4 24 | $37.8M | $16.6M | ||
| Q3 24 | $35.6M | $28.6M | ||
| Q2 24 | $40.0M | $18.7M | ||
| Q1 24 | $31.0M | $15.0M |
| Q4 25 | $-44.2M | $14.9M | ||
| Q3 25 | $-12.2M | $27.6M | ||
| Q2 25 | $-12.8M | $17.6M | ||
| Q1 25 | $2.3M | $8.4M | ||
| Q4 24 | $-45.5M | $13.2M | ||
| Q3 24 | $24.6M | $27.5M | ||
| Q2 24 | $29.4M | $17.6M | ||
| Q1 24 | $26.3M | $13.7M |
| Q4 25 | -24.6% | 6.2% | ||
| Q3 25 | -6.2% | 10.7% | ||
| Q2 25 | -6.1% | 7.3% | ||
| Q1 25 | 1.0% | 3.8% | ||
| Q4 24 | -18.8% | 6.1% | ||
| Q3 24 | 9.5% | 11.4% | ||
| Q2 24 | 10.7% | 7.8% | ||
| Q1 24 | 9.7% | 6.5% |
| Q4 25 | 33.0% | 2.1% | ||
| Q3 25 | 20.2% | 2.2% | ||
| Q2 25 | 16.1% | 1.1% | ||
| Q1 25 | 10.7% | 0.8% | ||
| Q4 24 | 34.3% | 1.5% | ||
| Q3 24 | 4.2% | 0.5% | ||
| Q2 24 | 3.8% | 0.5% | ||
| Q1 24 | 1.7% | 0.6% |
| Q4 25 | — | 1.65× | ||
| Q3 25 | — | 1.36× | ||
| Q2 25 | — | 1.02× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 1.15× | ||
| Q3 24 | — | 1.33× | ||
| Q2 24 | — | 1.19× | ||
| Q1 24 | — | 0.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HTLD
Segment breakdown not available.
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
