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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and LiveRamp Holdings, Inc. (RAMP). Click either name above to swap in a different company.

LiveRamp Holdings, Inc. is the larger business by last-quarter revenue ($212.2M vs $179.4M, roughly 1.2× HEARTLAND EXPRESS INC). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs -10.8%, a 29.6% gap on every dollar of revenue. On growth, LiveRamp Holdings, Inc. posted the faster year-over-year revenue change (8.6% vs -26.1%). Over the past eight quarters, LiveRamp Holdings, Inc.'s revenue compounded faster (11.1% 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.

LiveRamp Holdings, Inc., is an American SaaS company that offers a data connectivity platform whose services include data onboarding, the transfer of offline data online for marketing purposes.

HTLD vs RAMP — Head-to-Head

Bigger by revenue
RAMP
RAMP
1.2× larger
RAMP
$212.2M
$179.4M
HTLD
Growing faster (revenue YoY)
RAMP
RAMP
+34.7% gap
RAMP
8.6%
-26.1%
HTLD
Higher net margin
RAMP
RAMP
29.6% more per $
RAMP
18.8%
-10.8%
HTLD
Faster 2-yr revenue CAGR
RAMP
RAMP
Annualised
RAMP
11.1%
-18.5%
HTLD

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
HTLD
HTLD
RAMP
RAMP
Revenue
$179.4M
$212.2M
Net Profit
$-19.4M
$39.9M
Gross Margin
71.9%
Operating Margin
-12.7%
18.6%
Net Margin
-10.8%
18.8%
Revenue YoY
-26.1%
8.6%
Net Profit YoY
-949.2%
255.7%
EPS (diluted)
$-0.24
$0.62

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
RAMP
RAMP
Q4 25
$179.4M
$212.2M
Q3 25
$196.5M
$199.8M
Q2 25
$210.4M
$194.8M
Q1 25
$219.4M
$188.7M
Q4 24
$242.6M
$195.4M
Q3 24
$259.9M
$185.5M
Q2 24
$274.8M
$176.0M
Q1 24
$270.3M
$171.9M
Net Profit
HTLD
HTLD
RAMP
RAMP
Q4 25
$-19.4M
$39.9M
Q3 25
$-8.3M
$27.4M
Q2 25
$-10.9M
$7.7M
Q1 25
$-13.9M
$-6.3M
Q4 24
$-1.9M
$11.2M
Q3 24
$-9.3M
$1.7M
Q2 24
$-3.5M
$-7.5M
Q1 24
$-15.1M
$-5.4M
Gross Margin
HTLD
HTLD
RAMP
RAMP
Q4 25
71.9%
Q3 25
70.2%
Q2 25
70.1%
Q1 25
69.3%
Q4 24
71.9%
Q3 24
72.4%
Q2 24
70.6%
Q1 24
72.2%
Operating Margin
HTLD
HTLD
RAMP
RAMP
Q4 25
-12.7%
18.6%
Q3 25
-3.7%
10.7%
Q2 25
-5.9%
3.7%
Q1 25
-6.8%
-6.1%
Q4 24
0.4%
7.5%
Q3 24
-2.7%
4.0%
Q2 24
0.1%
-3.0%
Q1 24
-5.3%
-8.3%
Net Margin
HTLD
HTLD
RAMP
RAMP
Q4 25
-10.8%
18.8%
Q3 25
-4.2%
13.7%
Q2 25
-5.2%
4.0%
Q1 25
-6.3%
-3.3%
Q4 24
-0.8%
5.7%
Q3 24
-3.6%
0.9%
Q2 24
-1.3%
-4.3%
Q1 24
-5.6%
-3.1%
EPS (diluted)
HTLD
HTLD
RAMP
RAMP
Q4 25
$-0.24
$0.62
Q3 25
$-0.11
$0.42
Q2 25
$-0.14
$0.12
Q1 25
$-0.18
$-0.10
Q4 24
$-0.03
$0.17
Q3 24
$-0.12
$0.03
Q2 24
$-0.04
$-0.11
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
HTLD
HTLD
RAMP
RAMP
Cash + ST InvestmentsLiquidity on hand
$18.5M
$403.4M
Total DebtLower is stronger
$154.1M
Stockholders' EquityBook value
$755.3M
$962.3M
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
RAMP
RAMP
Q4 25
$18.5M
$403.4M
Q3 25
$32.7M
$376.9M
Q2 25
$22.9M
$371.1M
Q1 25
$23.9M
$420.8M
Q4 24
$12.8M
$384.3M
Q3 24
$30.7M
$348.4M
Q2 24
$23.9M
$342.7M
Q1 24
$23.8M
$368.9M
Total Debt
HTLD
HTLD
RAMP
RAMP
Q4 25
$154.1M
Q3 25
Q2 25
Q1 25
Q4 24
$187.9M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HTLD
HTLD
RAMP
RAMP
Q4 25
$755.3M
$962.3M
Q3 25
$775.6M
$943.8M
Q2 25
$786.7M
$947.8M
Q1 25
$807.7M
$948.9M
Q4 24
$822.6M
$957.7M
Q3 24
$825.7M
$932.1M
Q2 24
$836.8M
$951.9M
Q1 24
$848.8M
$949.1M
Total Assets
HTLD
HTLD
RAMP
RAMP
Q4 25
$1.2B
$1.3B
Q3 25
$1.3B
$1.2B
Q2 25
$1.3B
$1.2B
Q1 25
$1.3B
$1.3B
Q4 24
$1.3B
$1.3B
Q3 24
$1.4B
$1.2B
Q2 24
$1.4B
$1.2B
Q1 24
$1.5B
$1.2B
Debt / Equity
HTLD
HTLD
RAMP
RAMP
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
RAMP
RAMP
Operating Cash FlowLast quarter
$14.9M
Free Cash FlowOCF − Capex
$-44.2M
FCF MarginFCF / Revenue
-24.6%
Capex IntensityCapex / Revenue
33.0%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-66.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTLD
HTLD
RAMP
RAMP
Q4 25
$14.9M
Q3 25
$27.5M
$57.4M
Q2 25
$21.0M
$-15.8M
Q1 25
$25.8M
Q4 24
$37.8M
$45.1M
Q3 24
$35.6M
$55.6M
Q2 24
$40.0M
$-9.3M
Q1 24
$31.0M
Free Cash Flow
HTLD
HTLD
RAMP
RAMP
Q4 25
$-44.2M
Q3 25
$-12.2M
$56.8M
Q2 25
$-12.8M
$-16.2M
Q1 25
$2.3M
Q4 24
$-45.5M
$44.8M
Q3 24
$24.6M
$55.4M
Q2 24
$29.4M
$-9.6M
Q1 24
$26.3M
FCF Margin
HTLD
HTLD
RAMP
RAMP
Q4 25
-24.6%
Q3 25
-6.2%
28.4%
Q2 25
-6.1%
-8.3%
Q1 25
1.0%
Q4 24
-18.8%
22.9%
Q3 24
9.5%
29.8%
Q2 24
10.7%
-5.4%
Q1 24
9.7%
Capex Intensity
HTLD
HTLD
RAMP
RAMP
Q4 25
33.0%
0.1%
Q3 25
20.2%
0.3%
Q2 25
16.1%
0.2%
Q1 25
10.7%
0.2%
Q4 24
34.3%
0.1%
Q3 24
4.2%
0.1%
Q2 24
3.8%
0.1%
Q1 24
1.7%
1.0%
Cash Conversion
HTLD
HTLD
RAMP
RAMP
Q4 25
Q3 25
2.09×
Q2 25
-2.04×
Q1 25
Q4 24
4.02×
Q3 24
32.10×
Q2 24
Q1 24

Financial Flow Comparison

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

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