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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and PRA GROUP INC (PRAA). Click either name above to swap in a different company.
PRA GROUP INC is the larger business by last-quarter revenue ($333.4M vs $179.4M, roughly 1.9× HEARTLAND EXPRESS INC). PRA GROUP INC runs the higher net margin — 17.0% vs -10.8%, a 27.8% gap on every dollar of revenue. On growth, PRA GROUP INC posted the faster year-over-year revenue change (13.7% vs -26.1%). HEARTLAND EXPRESS INC produced more free cash flow last quarter ($-44.2M vs $-90.4M). Over the past eight quarters, PRA GROUP INC's revenue compounded faster (14.2% 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.
PRA Group, Inc. is a publicly traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries.
HTLD vs PRAA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $179.4M | $333.4M |
| Net Profit | $-19.4M | $56.5M |
| Gross Margin | — | — |
| Operating Margin | -12.7% | 37.7% |
| Net Margin | -10.8% | 17.0% |
| Revenue YoY | -26.1% | 13.7% |
| Net Profit YoY | -949.2% | 206.3% |
| EPS (diluted) | $-0.24 | $1.47 |
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 | $333.4M | ||
| Q3 25 | $196.5M | $311.1M | ||
| Q2 25 | $210.4M | $287.7M | ||
| Q1 25 | $219.4M | $269.6M | ||
| Q4 24 | $242.6M | $293.2M | ||
| Q3 24 | $259.9M | $281.5M | ||
| Q2 24 | $274.8M | $284.2M | ||
| Q1 24 | $270.3M | $255.6M |
| Q4 25 | $-19.4M | $56.5M | ||
| Q3 25 | $-8.3M | $-407.7M | ||
| Q2 25 | $-10.9M | $42.4M | ||
| Q1 25 | $-13.9M | $3.7M | ||
| Q4 24 | $-1.9M | $18.5M | ||
| Q3 24 | $-9.3M | $27.2M | ||
| Q2 24 | $-3.5M | $21.5M | ||
| Q1 24 | $-15.1M | $3.5M |
| Q4 25 | -12.7% | 37.7% | ||
| Q3 25 | -3.7% | -101.4% | ||
| Q2 25 | -5.9% | 29.6% | ||
| Q1 25 | -6.8% | 27.7% | ||
| Q4 24 | 0.4% | 32.1% | ||
| Q3 24 | -2.7% | 32.0% | ||
| Q2 24 | 0.1% | 31.4% | ||
| Q1 24 | -5.3% | 26.0% |
| Q4 25 | -10.8% | 17.0% | ||
| Q3 25 | -4.2% | -131.0% | ||
| Q2 25 | -5.2% | 14.7% | ||
| Q1 25 | -6.3% | 1.4% | ||
| Q4 24 | -0.8% | 6.3% | ||
| Q3 24 | -3.6% | 9.6% | ||
| Q2 24 | -1.3% | 7.6% | ||
| Q1 24 | -5.6% | 1.4% |
| Q4 25 | $-0.24 | $1.47 | ||
| Q3 25 | $-0.11 | $-10.43 | ||
| Q2 25 | $-0.14 | $1.08 | ||
| Q1 25 | $-0.18 | $0.09 | ||
| Q4 24 | $-0.03 | $0.47 | ||
| Q3 24 | $-0.12 | $0.69 | ||
| Q2 24 | $-0.04 | $0.54 | ||
| Q1 24 | $-0.19 | $0.09 |
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 | $104.4M |
| Total DebtLower is stronger | $154.1M | — |
| Stockholders' EquityBook value | $755.3M | $979.9M |
| Total Assets | $1.2B | $5.1B |
| Debt / EquityLower = less leverage | 0.20× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.5M | $104.4M | ||
| Q3 25 | $32.7M | $107.5M | ||
| Q2 25 | $22.9M | $131.6M | ||
| Q1 25 | $23.9M | $128.7M | ||
| Q4 24 | $12.8M | $105.9M | ||
| Q3 24 | $30.7M | $141.1M | ||
| Q2 24 | $23.9M | $118.9M | ||
| Q1 24 | $23.8M | $108.1M |
| Q4 25 | $154.1M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $187.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $755.3M | $979.9M | ||
| Q3 25 | $775.6M | $928.5M | ||
| Q2 25 | $786.7M | $1.3B | ||
| Q1 25 | $807.7M | $1.2B | ||
| Q4 24 | $822.6M | $1.1B | ||
| Q3 24 | $825.7M | $1.2B | ||
| Q2 24 | $836.8M | $1.1B | ||
| Q1 24 | $848.8M | $1.1B |
| Q4 25 | $1.2B | $5.1B | ||
| Q3 25 | $1.3B | $5.0B | ||
| Q2 25 | $1.3B | $5.4B | ||
| Q1 25 | $1.3B | $5.1B | ||
| Q4 24 | $1.3B | $4.9B | ||
| Q3 24 | $1.4B | $4.9B | ||
| Q2 24 | $1.4B | $4.7B | ||
| Q1 24 | $1.5B | $4.5B |
| 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 | $-85.5M |
| Free Cash FlowOCF − Capex | $-44.2M | $-90.4M |
| FCF MarginFCF / Revenue | -24.6% | -27.1% |
| Capex IntensityCapex / Revenue | 33.0% | 1.4% |
| Cash ConversionOCF / Net Profit | — | -1.51× |
| TTM Free Cash FlowTrailing 4 quarters | $-66.9M | $-169.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.9M | $-85.5M | ||
| Q3 25 | $27.5M | $-10.1M | ||
| Q2 25 | $21.0M | $-12.9M | ||
| Q1 25 | $25.8M | $-52.6M | ||
| Q4 24 | $37.8M | $-94.6M | ||
| Q3 24 | $35.6M | $-35.0M | ||
| Q2 24 | $40.0M | $-29.5M | ||
| Q1 24 | $31.0M | $-73.0M |
| Q4 25 | $-44.2M | $-90.4M | ||
| Q3 25 | $-12.2M | $-11.3M | ||
| Q2 25 | $-12.8M | $-14.2M | ||
| Q1 25 | $2.3M | $-53.5M | ||
| Q4 24 | $-45.5M | $-98.6M | ||
| Q3 24 | $24.6M | $-36.1M | ||
| Q2 24 | $29.4M | $-30.8M | ||
| Q1 24 | $26.3M | $-73.5M |
| Q4 25 | -24.6% | -27.1% | ||
| Q3 25 | -6.2% | -3.6% | ||
| Q2 25 | -6.1% | -4.9% | ||
| Q1 25 | 1.0% | -19.8% | ||
| Q4 24 | -18.8% | -33.6% | ||
| Q3 24 | 9.5% | -12.8% | ||
| Q2 24 | 10.7% | -10.8% | ||
| Q1 24 | 9.7% | -28.8% |
| Q4 25 | 33.0% | 1.4% | ||
| Q3 25 | 20.2% | 0.4% | ||
| Q2 25 | 16.1% | 0.4% | ||
| Q1 25 | 10.7% | 0.3% | ||
| Q4 24 | 34.3% | 1.4% | ||
| Q3 24 | 4.2% | 0.4% | ||
| Q2 24 | 3.8% | 0.5% | ||
| Q1 24 | 1.7% | 0.2% |
| Q4 25 | — | -1.51× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.30× | ||
| Q1 25 | — | -14.37× | ||
| Q4 24 | — | -5.13× | ||
| Q3 24 | — | -1.29× | ||
| Q2 24 | — | -1.37× | ||
| Q1 24 | — | -21.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HTLD
Segment breakdown not available.
PRAA
| GB | $170.1M | 51% |
| Other | $163.3M | 49% |
