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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and Palomar Holdings, Inc. (PLMR). Click either name above to swap in a different company.
Palomar Holdings, Inc. is the larger business by last-quarter revenue ($253.4M vs $179.4M, roughly 1.4× HEARTLAND EXPRESS INC). On growth, Palomar Holdings, Inc. posted the faster year-over-year revenue change (62.7% vs -26.1%). Palomar Holdings, Inc. produced more free cash flow last quarter ($409.0M vs $-44.2M). Over the past eight quarters, Palomar Holdings, Inc.'s revenue compounded faster (46.2% 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.
Palomar Holdings, Inc. is a specialty insurance holding company that primarily provides property insurance products for catastrophe-exposed residential and commercial assets. It mainly operates across the United States, focusing on core segments including earthquake, flood, and windstorm coverage to meet high-risk property protection demands of customers.
HTLD vs PLMR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $179.4M | $253.4M |
| Net Profit | $-19.4M | — |
| Gross Margin | — | — |
| Operating Margin | -12.7% | 28.7% |
| Net Margin | -10.8% | — |
| Revenue YoY | -26.1% | 62.7% |
| Net Profit YoY | -949.2% | — |
| EPS (diluted) | $-0.24 | $2.05 |
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 | $253.4M | ||
| Q3 25 | $196.5M | $244.7M | ||
| Q2 25 | $210.4M | $203.3M | ||
| Q1 25 | $219.4M | $174.6M | ||
| Q4 24 | $242.6M | $155.8M | ||
| Q3 24 | $259.9M | $148.5M | ||
| Q2 24 | $274.8M | $131.1M | ||
| Q1 24 | $270.3M | $118.5M |
| Q4 25 | $-19.4M | — | ||
| Q3 25 | $-8.3M | $51.5M | ||
| Q2 25 | $-10.9M | $46.5M | ||
| Q1 25 | $-13.9M | $42.9M | ||
| Q4 24 | $-1.9M | — | ||
| Q3 24 | $-9.3M | $30.5M | ||
| Q2 24 | $-3.5M | $25.7M | ||
| Q1 24 | $-15.1M | $26.4M |
| Q4 25 | -12.7% | 28.7% | ||
| Q3 25 | -3.7% | 27.4% | ||
| Q2 25 | -5.9% | 29.5% | ||
| Q1 25 | -6.8% | 30.8% | ||
| Q4 24 | 0.4% | 28.9% | ||
| Q3 24 | -2.7% | 25.9% | ||
| Q2 24 | 0.1% | 25.5% | ||
| Q1 24 | -5.3% | 29.0% |
| Q4 25 | -10.8% | — | ||
| Q3 25 | -4.2% | 21.0% | ||
| Q2 25 | -5.2% | 22.9% | ||
| Q1 25 | -6.3% | 24.6% | ||
| Q4 24 | -0.8% | — | ||
| Q3 24 | -3.6% | 20.5% | ||
| Q2 24 | -1.3% | 19.6% | ||
| Q1 24 | -5.6% | 22.3% |
| Q4 25 | $-0.24 | $2.05 | ||
| Q3 25 | $-0.11 | $1.87 | ||
| Q2 25 | $-0.14 | $1.68 | ||
| Q1 25 | $-0.18 | $1.57 | ||
| Q4 24 | $-0.03 | $1.29 | ||
| Q3 24 | $-0.12 | $1.15 | ||
| Q2 24 | $-0.04 | $1.00 | ||
| Q1 24 | $-0.19 | $1.04 |
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 | $106.9M |
| Total DebtLower is stronger | $154.1M | — |
| Stockholders' EquityBook value | $755.3M | $942.7M |
| Total Assets | $1.2B | $3.1B |
| Debt / EquityLower = less leverage | 0.20× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.5M | $106.9M | ||
| Q3 25 | $32.7M | $111.7M | ||
| Q2 25 | $22.9M | $81.3M | ||
| Q1 25 | $23.9M | $119.3M | ||
| Q4 24 | $12.8M | $80.4M | ||
| Q3 24 | $30.7M | $86.5M | ||
| Q2 24 | $23.9M | $47.8M | ||
| Q1 24 | $23.8M | $61.4M |
| Q4 25 | $154.1M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $187.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $755.3M | $942.7M | ||
| Q3 25 | $775.6M | $878.1M | ||
| Q2 25 | $786.7M | $847.2M | ||
| Q1 25 | $807.7M | $790.4M | ||
| Q4 24 | $822.6M | $729.0M | ||
| Q3 24 | $825.7M | $703.3M | ||
| Q2 24 | $836.8M | $532.6M | ||
| Q1 24 | $848.8M | $501.7M |
| Q4 25 | $1.2B | $3.1B | ||
| Q3 25 | $1.3B | $2.9B | ||
| Q2 25 | $1.3B | $2.8B | ||
| Q1 25 | $1.3B | $2.4B | ||
| Q4 24 | $1.3B | $2.3B | ||
| Q3 24 | $1.4B | $2.3B | ||
| Q2 24 | $1.4B | $2.0B | ||
| Q1 24 | $1.5B | $1.9B |
| Q4 25 | 0.20× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.23× | — | ||
| 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 | $409.1M |
| Free Cash FlowOCF − Capex | $-44.2M | $409.0M |
| FCF MarginFCF / Revenue | -24.6% | 161.4% |
| Capex IntensityCapex / Revenue | 33.0% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-66.9M | $700.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.9M | $409.1M | ||
| Q3 25 | $27.5M | $83.6M | ||
| Q2 25 | $21.0M | $120.9M | ||
| Q1 25 | $25.8M | $87.2M | ||
| Q4 24 | $37.8M | $261.2M | ||
| Q3 24 | $35.6M | $100.3M | ||
| Q2 24 | $40.0M | $55.1M | ||
| Q1 24 | $31.0M | $33.1M |
| Q4 25 | $-44.2M | $409.0M | ||
| Q3 25 | $-12.2M | $83.6M | ||
| Q2 25 | $-12.8M | $120.8M | ||
| Q1 25 | $2.3M | $87.1M | ||
| Q4 24 | $-45.5M | $260.9M | ||
| Q3 24 | $24.6M | $100.1M | ||
| Q2 24 | $29.4M | — | ||
| Q1 24 | $26.3M | — |
| Q4 25 | -24.6% | 161.4% | ||
| Q3 25 | -6.2% | 34.2% | ||
| Q2 25 | -6.1% | 59.4% | ||
| Q1 25 | 1.0% | 49.9% | ||
| Q4 24 | -18.8% | 167.5% | ||
| Q3 24 | 9.5% | 67.4% | ||
| Q2 24 | 10.7% | — | ||
| Q1 24 | 9.7% | — |
| Q4 25 | 33.0% | 0.1% | ||
| Q3 25 | 20.2% | 0.0% | ||
| 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% | 0.0% | ||
| Q1 24 | 1.7% | 0.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.63× | ||
| Q2 25 | — | 2.60× | ||
| Q1 25 | — | 2.03× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.29× | ||
| Q2 24 | — | 2.14× | ||
| Q1 24 | — | 1.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
