vs

Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and PTC THERAPEUTICS, INC. (PTCT). Click either name above to swap in a different company.

HEARTLAND EXPRESS INC is the larger business by last-quarter revenue ($179.4M vs $164.7M, roughly 1.1× PTC THERAPEUTICS, INC.). HEARTLAND EXPRESS INC runs the higher net margin — -10.8% vs -82.0%, a 71.1% gap on every dollar of revenue. On growth, PTC THERAPEUTICS, INC. posted the faster year-over-year revenue change (-22.7% vs -26.1%). PTC THERAPEUTICS, INC. produced more free cash flow last quarter ($-36.6M vs $-44.2M). Over the past eight quarters, PTC THERAPEUTICS, INC.'s revenue compounded faster (-11.5% 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.

PTC Therapeutics, Inc. is a US pharmaceutical company focused on the development of orally administered small molecule drugs and gene therapy which regulate gene expression by targeting post-transcriptional control (PTC) mechanisms in orphan diseases.

HTLD vs PTCT — Head-to-Head

Bigger by revenue
HTLD
HTLD
1.1× larger
HTLD
$179.4M
$164.7M
PTCT
Growing faster (revenue YoY)
PTCT
PTCT
+3.3% gap
PTCT
-22.7%
-26.1%
HTLD
Higher net margin
HTLD
HTLD
71.1% more per $
HTLD
-10.8%
-82.0%
PTCT
More free cash flow
PTCT
PTCT
$7.5M more FCF
PTCT
$-36.6M
$-44.2M
HTLD
Faster 2-yr revenue CAGR
PTCT
PTCT
Annualised
PTCT
-11.5%
-18.5%
HTLD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HTLD
HTLD
PTCT
PTCT
Revenue
$179.4M
$164.7M
Net Profit
$-19.4M
$-135.0M
Gross Margin
Operating Margin
-12.7%
-43.3%
Net Margin
-10.8%
-82.0%
Revenue YoY
-26.1%
-22.7%
Net Profit YoY
-949.2%
-104.8%
EPS (diluted)
$-0.24
$-1.63

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.

Revenue
HTLD
HTLD
PTCT
PTCT
Q4 25
$179.4M
$164.7M
Q3 25
$196.5M
$211.0M
Q2 25
$210.4M
$178.9M
Q1 25
$219.4M
$1.2B
Q4 24
$242.6M
$213.2M
Q3 24
$259.9M
$196.8M
Q2 24
$274.8M
$186.7M
Q1 24
$270.3M
$210.1M
Net Profit
HTLD
HTLD
PTCT
PTCT
Q4 25
$-19.4M
$-135.0M
Q3 25
$-8.3M
$15.9M
Q2 25
$-10.9M
$-64.8M
Q1 25
$-13.9M
$866.6M
Q4 24
$-1.9M
$-65.9M
Q3 24
$-9.3M
$-106.7M
Q2 24
$-3.5M
$-99.2M
Q1 24
$-15.1M
$-91.6M
Operating Margin
HTLD
HTLD
PTCT
PTCT
Q4 25
-12.7%
-43.3%
Q3 25
-3.7%
1.4%
Q2 25
-5.9%
-19.5%
Q1 25
-6.8%
82.5%
Q4 24
0.4%
-76.2%
Q3 24
-2.7%
-27.7%
Q2 24
0.1%
-21.5%
Q1 24
-5.3%
-21.6%
Net Margin
HTLD
HTLD
PTCT
PTCT
Q4 25
-10.8%
-82.0%
Q3 25
-4.2%
7.5%
Q2 25
-5.2%
-36.3%
Q1 25
-6.3%
73.7%
Q4 24
-0.8%
-30.9%
Q3 24
-3.6%
-54.2%
Q2 24
-1.3%
-53.1%
Q1 24
-5.6%
-43.6%
EPS (diluted)
HTLD
HTLD
PTCT
PTCT
Q4 25
$-0.24
$-1.63
Q3 25
$-0.11
$0.20
Q2 25
$-0.14
$-0.83
Q1 25
$-0.18
$10.04
Q4 24
$-0.03
$-0.85
Q3 24
$-0.12
$-1.39
Q2 24
$-0.04
$-1.29
Q1 24
$-0.19
$-1.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HTLD
HTLD
PTCT
PTCT
Cash + ST InvestmentsLiquidity on hand
$18.5M
$1.9B
Total DebtLower is stronger
$154.1M
Stockholders' EquityBook value
$755.3M
$-205.3M
Total Assets
$1.2B
$2.9B
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTLD
HTLD
PTCT
PTCT
Q4 25
$18.5M
$1.9B
Q3 25
$32.7M
$1.7B
Q2 25
$22.9M
$2.0B
Q1 25
$23.9M
$2.0B
Q4 24
$12.8M
$1.1B
Q3 24
$30.7M
$1.0B
Q2 24
$23.9M
$1.1B
Q1 24
$23.8M
$884.8M
Total Debt
HTLD
HTLD
PTCT
PTCT
Q4 25
$154.1M
Q3 25
Q2 25
Q1 25
Q4 24
$187.9M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HTLD
HTLD
PTCT
PTCT
Q4 25
$755.3M
$-205.3M
Q3 25
$775.6M
$-155.8M
Q2 25
$786.7M
$-206.5M
Q1 25
$807.7M
$-185.8M
Q4 24
$822.6M
$-1.1B
Q3 24
$825.7M
$-1.1B
Q2 24
$836.8M
$-980.2M
Q1 24
$848.8M
$-893.9M
Total Assets
HTLD
HTLD
PTCT
PTCT
Q4 25
$1.2B
$2.9B
Q3 25
$1.3B
$2.6B
Q2 25
$1.3B
$2.6B
Q1 25
$1.3B
$2.7B
Q4 24
$1.3B
$1.7B
Q3 24
$1.4B
$1.8B
Q2 24
$1.4B
$1.9B
Q1 24
$1.5B
$1.8B
Debt / Equity
HTLD
HTLD
PTCT
PTCT
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
HTLD
HTLD
PTCT
PTCT
Operating Cash FlowLast quarter
$14.9M
$-34.3M
Free Cash FlowOCF − Capex
$-44.2M
$-36.6M
FCF MarginFCF / Revenue
-24.6%
-22.3%
Capex IntensityCapex / Revenue
33.0%
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-66.9M
$702.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTLD
HTLD
PTCT
PTCT
Q4 25
$14.9M
$-34.3M
Q3 25
$27.5M
$-66.3M
Q2 25
$21.0M
$-58.3M
Q1 25
$25.8M
$870.1M
Q4 24
$37.8M
$-30.0M
Q3 24
$35.6M
$-77.0M
Q2 24
$40.0M
$-71.5M
Q1 24
$31.0M
$70.8M
Free Cash Flow
HTLD
HTLD
PTCT
PTCT
Q4 25
$-44.2M
$-36.6M
Q3 25
$-12.2M
$-69.7M
Q2 25
$-12.8M
$-59.6M
Q1 25
$2.3M
$868.4M
Q4 24
$-45.5M
$-33.8M
Q3 24
$24.6M
$-77.5M
Q2 24
$29.4M
$-78.8M
Q1 24
$26.3M
$61.2M
FCF Margin
HTLD
HTLD
PTCT
PTCT
Q4 25
-24.6%
-22.3%
Q3 25
-6.2%
-33.1%
Q2 25
-6.1%
-33.3%
Q1 25
1.0%
73.8%
Q4 24
-18.8%
-15.8%
Q3 24
9.5%
-39.4%
Q2 24
10.7%
-42.2%
Q1 24
9.7%
29.1%
Capex Intensity
HTLD
HTLD
PTCT
PTCT
Q4 25
33.0%
1.4%
Q3 25
20.2%
1.6%
Q2 25
16.1%
0.7%
Q1 25
10.7%
0.1%
Q4 24
34.3%
1.8%
Q3 24
4.2%
0.3%
Q2 24
3.8%
4.0%
Q1 24
1.7%
4.6%
Cash Conversion
HTLD
HTLD
PTCT
PTCT
Q4 25
Q3 25
-4.17×
Q2 25
Q1 25
1.00×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons