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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and ProPetro Holding Corp. (PUMP). Click either name above to swap in a different company.

ProPetro Holding Corp. is the larger business by last-quarter revenue ($289.7M vs $179.4M, roughly 1.6× HEARTLAND EXPRESS INC). On growth, ProPetro Holding Corp. posted the faster year-over-year revenue change (-9.6% vs -26.1%). ProPetro Holding Corp. produced more free cash flow last quarter ($16.8M vs $-44.2M). Over the past eight quarters, ProPetro Holding Corp.'s revenue compounded faster (-15.5% 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.

ProPetro Holding Corp. is a leading U.S.-based oilfield services provider. It offers hydraulic fracturing, well completion and related supporting services primarily to onshore oil and gas exploration and production operators, with core operations concentrated in the Permian Basin spanning Texas and New Mexico.

HTLD vs PUMP — Head-to-Head

Bigger by revenue
PUMP
PUMP
1.6× larger
PUMP
$289.7M
$179.4M
HTLD
Growing faster (revenue YoY)
PUMP
PUMP
+16.4% gap
PUMP
-9.6%
-26.1%
HTLD
More free cash flow
PUMP
PUMP
$61.0M more FCF
PUMP
$16.8M
$-44.2M
HTLD
Faster 2-yr revenue CAGR
PUMP
PUMP
Annualised
PUMP
-15.5%
-18.5%
HTLD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HTLD
HTLD
PUMP
PUMP
Revenue
$179.4M
$289.7M
Net Profit
$-19.4M
Gross Margin
Operating Margin
-12.7%
2.1%
Net Margin
-10.8%
Revenue YoY
-26.1%
-9.6%
Net Profit YoY
-949.2%
EPS (diluted)
$-0.24
$0.01

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
PUMP
PUMP
Q4 25
$179.4M
$289.7M
Q3 25
$196.5M
$293.9M
Q2 25
$210.4M
$326.2M
Q1 25
$219.4M
$359.4M
Q4 24
$242.6M
$320.6M
Q3 24
$259.9M
$360.9M
Q2 24
$274.8M
$357.0M
Q1 24
$270.3M
$405.8M
Net Profit
HTLD
HTLD
PUMP
PUMP
Q4 25
$-19.4M
Q3 25
$-8.3M
$-2.4M
Q2 25
$-10.9M
$-7.2M
Q1 25
$-13.9M
$9.6M
Q4 24
$-1.9M
Q3 24
$-9.3M
$-137.1M
Q2 24
$-3.5M
$-3.7M
Q1 24
$-15.1M
$19.9M
Operating Margin
HTLD
HTLD
PUMP
PUMP
Q4 25
-12.7%
2.1%
Q3 25
-3.7%
-2.1%
Q2 25
-5.9%
-1.0%
Q1 25
-6.8%
2.6%
Q4 24
0.4%
-5.8%
Q3 24
-2.7%
-49.4%
Q2 24
0.1%
-0.1%
Q1 24
-5.3%
7.5%
Net Margin
HTLD
HTLD
PUMP
PUMP
Q4 25
-10.8%
Q3 25
-4.2%
-0.8%
Q2 25
-5.2%
-2.2%
Q1 25
-6.3%
2.7%
Q4 24
-0.8%
Q3 24
-3.6%
-38.0%
Q2 24
-1.3%
-1.0%
Q1 24
-5.6%
4.9%
EPS (diluted)
HTLD
HTLD
PUMP
PUMP
Q4 25
$-0.24
$0.01
Q3 25
$-0.11
$-0.02
Q2 25
$-0.14
$-0.07
Q1 25
$-0.18
$0.09
Q4 24
$-0.03
$-0.14
Q3 24
$-0.12
$-1.32
Q2 24
$-0.04
$-0.03
Q1 24
$-0.19
$0.18

Balance Sheet & Financial Strength

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

Metric
HTLD
HTLD
PUMP
PUMP
Cash + ST InvestmentsLiquidity on hand
$18.5M
$91.3M
Total DebtLower is stronger
$154.1M
Stockholders' EquityBook value
$755.3M
$829.8M
Total Assets
$1.2B
$1.3B
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTLD
HTLD
PUMP
PUMP
Q4 25
$18.5M
$91.3M
Q3 25
$32.7M
$76.7M
Q2 25
$22.9M
$83.0M
Q1 25
$23.9M
$71.4M
Q4 24
$12.8M
$58.3M
Q3 24
$30.7M
$54.0M
Q2 24
$23.9M
$74.7M
Q1 24
$23.8M
$53.6M
Total Debt
HTLD
HTLD
PUMP
PUMP
Q4 25
$154.1M
Q3 25
Q2 25
Q1 25
Q4 24
$187.9M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HTLD
HTLD
PUMP
PUMP
Q4 25
$755.3M
$829.8M
Q3 25
$775.6M
$826.2M
Q2 25
$786.7M
$824.0M
Q1 25
$807.7M
$826.5M
Q4 24
$822.6M
$816.3M
Q3 24
$825.7M
$833.0M
Q2 24
$836.8M
$975.8M
Q1 24
$848.8M
$998.2M
Total Assets
HTLD
HTLD
PUMP
PUMP
Q4 25
$1.2B
$1.3B
Q3 25
$1.3B
$1.3B
Q2 25
$1.3B
$1.2B
Q1 25
$1.3B
$1.2B
Q4 24
$1.3B
$1.2B
Q3 24
$1.4B
$1.3B
Q2 24
$1.4B
$1.5B
Q1 24
$1.5B
$1.2B
Debt / Equity
HTLD
HTLD
PUMP
PUMP
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
PUMP
PUMP
Operating Cash FlowLast quarter
$14.9M
$81.0M
Free Cash FlowOCF − Capex
$-44.2M
$16.8M
FCF MarginFCF / Revenue
-24.6%
5.8%
Capex IntensityCapex / Revenue
33.0%
22.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-66.9M
$45.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTLD
HTLD
PUMP
PUMP
Q4 25
$14.9M
$81.0M
Q3 25
$27.5M
$41.7M
Q2 25
$21.0M
$54.2M
Q1 25
$25.8M
$54.7M
Q4 24
$37.8M
$37.9M
Q3 24
$35.6M
$34.7M
Q2 24
$40.0M
$104.9M
Q1 24
$31.0M
$74.8M
Free Cash Flow
HTLD
HTLD
PUMP
PUMP
Q4 25
$-44.2M
$16.8M
Q3 25
$-12.2M
$-2.4M
Q2 25
$-12.8M
$17.1M
Q1 25
$2.3M
$13.8M
Q4 24
$-45.5M
$10.0M
Q3 24
$24.6M
$-6.0M
Q2 24
$29.4M
$67.7M
Q1 24
$26.3M
$40.2M
FCF Margin
HTLD
HTLD
PUMP
PUMP
Q4 25
-24.6%
5.8%
Q3 25
-6.2%
-0.8%
Q2 25
-6.1%
5.2%
Q1 25
1.0%
3.8%
Q4 24
-18.8%
3.1%
Q3 24
9.5%
-1.7%
Q2 24
10.7%
19.0%
Q1 24
9.7%
9.9%
Capex Intensity
HTLD
HTLD
PUMP
PUMP
Q4 25
33.0%
22.2%
Q3 25
20.2%
15.0%
Q2 25
16.1%
11.4%
Q1 25
10.7%
11.4%
Q4 24
34.3%
8.7%
Q3 24
4.2%
11.3%
Q2 24
3.8%
10.4%
Q1 24
1.7%
8.5%
Cash Conversion
HTLD
HTLD
PUMP
PUMP
Q4 25
Q3 25
Q2 25
Q1 25
5.70×
Q4 24
Q3 24
Q2 24
Q1 24
3.75×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HTLD
HTLD

Segment breakdown not available.

PUMP
PUMP

Hydraulic Fracturing Segment$203.9M70%
Wireline Operating Segment$55.4M19%
Cementing Operating Segment$29.6M10%

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