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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and Ranger Energy Services, Inc. (RNGR). Click either name above to swap in a different company.

HEARTLAND EXPRESS INC is the larger business by last-quarter revenue ($179.4M vs $142.2M, roughly 1.3× Ranger Energy Services, Inc.). Ranger Energy Services, Inc. runs the higher net margin — 2.3% vs -10.8%, a 13.1% gap on every dollar of revenue. On growth, Ranger Energy Services, Inc. posted the faster year-over-year revenue change (-0.6% vs -26.1%). Ranger Energy Services, Inc. produced more free cash flow last quarter ($17.1M vs $-44.2M). Over the past eight quarters, Ranger Energy Services, Inc.'s revenue compounded faster (1.9% 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.

Ranger Energy Services, Inc. is a leading North American onshore oilfield services provider. It offers a full suite of well completion, workover, rig operations, and production enhancement solutions for upstream oil and gas operators, primarily serving active unconventional shale and tight resource basins across the continental United States.

HTLD vs RNGR — Head-to-Head

Bigger by revenue
HTLD
HTLD
1.3× larger
HTLD
$179.4M
$142.2M
RNGR
Growing faster (revenue YoY)
RNGR
RNGR
+25.4% gap
RNGR
-0.6%
-26.1%
HTLD
Higher net margin
RNGR
RNGR
13.1% more per $
RNGR
2.3%
-10.8%
HTLD
More free cash flow
RNGR
RNGR
$61.3M more FCF
RNGR
$17.1M
$-44.2M
HTLD
Faster 2-yr revenue CAGR
RNGR
RNGR
Annualised
RNGR
1.9%
-18.5%
HTLD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HTLD
HTLD
RNGR
RNGR
Revenue
$179.4M
$142.2M
Net Profit
$-19.4M
$3.2M
Gross Margin
Operating Margin
-12.7%
2.3%
Net Margin
-10.8%
2.3%
Revenue YoY
-26.1%
-0.6%
Net Profit YoY
-949.2%
-44.8%
EPS (diluted)
$-0.24
$0.14

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
RNGR
RNGR
Q4 25
$179.4M
$142.2M
Q3 25
$196.5M
$128.9M
Q2 25
$210.4M
$140.6M
Q1 25
$219.4M
$135.2M
Q4 24
$242.6M
$143.1M
Q3 24
$259.9M
$153.0M
Q2 24
$274.8M
$138.1M
Q1 24
$270.3M
$136.9M
Net Profit
HTLD
HTLD
RNGR
RNGR
Q4 25
$-19.4M
$3.2M
Q3 25
$-8.3M
$1.2M
Q2 25
$-10.9M
$7.3M
Q1 25
$-13.9M
$600.0K
Q4 24
$-1.9M
$5.8M
Q3 24
$-9.3M
$8.7M
Q2 24
$-3.5M
$4.7M
Q1 24
$-15.1M
$-800.0K
Operating Margin
HTLD
HTLD
RNGR
RNGR
Q4 25
-12.7%
2.3%
Q3 25
-3.7%
2.0%
Q2 25
-5.9%
6.1%
Q1 25
-6.8%
0.7%
Q4 24
0.4%
6.2%
Q3 24
-2.7%
8.4%
Q2 24
0.1%
5.3%
Q1 24
-5.3%
-0.4%
Net Margin
HTLD
HTLD
RNGR
RNGR
Q4 25
-10.8%
2.3%
Q3 25
-4.2%
0.9%
Q2 25
-5.2%
5.2%
Q1 25
-6.3%
0.4%
Q4 24
-0.8%
4.1%
Q3 24
-3.6%
5.7%
Q2 24
-1.3%
3.4%
Q1 24
-5.6%
-0.6%
EPS (diluted)
HTLD
HTLD
RNGR
RNGR
Q4 25
$-0.24
$0.14
Q3 25
$-0.11
$0.05
Q2 25
$-0.14
$0.32
Q1 25
$-0.18
$0.03
Q4 24
$-0.03
$0.24
Q3 24
$-0.12
$0.39
Q2 24
$-0.04
$0.21
Q1 24
$-0.19
$-0.03

Balance Sheet & Financial Strength

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

Metric
HTLD
HTLD
RNGR
RNGR
Cash + ST InvestmentsLiquidity on hand
$18.5M
$10.3M
Total DebtLower is stronger
$154.1M
Stockholders' EquityBook value
$755.3M
$300.1M
Total Assets
$1.2B
$419.3M
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTLD
HTLD
RNGR
RNGR
Q4 25
$18.5M
$10.3M
Q3 25
$32.7M
$45.2M
Q2 25
$22.9M
$48.9M
Q1 25
$23.9M
$40.3M
Q4 24
$12.8M
$40.9M
Q3 24
$30.7M
$14.8M
Q2 24
$23.9M
$8.7M
Q1 24
$23.8M
$11.1M
Total Debt
HTLD
HTLD
RNGR
RNGR
Q4 25
$154.1M
Q3 25
Q2 25
Q1 25
Q4 24
$187.9M
$0
Q3 24
$0
Q2 24
$0
Q1 24
$0
Stockholders' Equity
HTLD
HTLD
RNGR
RNGR
Q4 25
$755.3M
$300.1M
Q3 25
$775.6M
$270.0M
Q2 25
$786.7M
$276.9M
Q1 25
$807.7M
$272.6M
Q4 24
$822.6M
$273.8M
Q3 24
$825.7M
$267.6M
Q2 24
$836.8M
$260.5M
Q1 24
$848.8M
$261.7M
Total Assets
HTLD
HTLD
RNGR
RNGR
Q4 25
$1.2B
$419.3M
Q3 25
$1.3B
$372.8M
Q2 25
$1.3B
$381.7M
Q1 25
$1.3B
$376.5M
Q4 24
$1.3B
$381.6M
Q3 24
$1.4B
$373.9M
Q2 24
$1.4B
$359.6M
Q1 24
$1.5B
$355.5M
Debt / Equity
HTLD
HTLD
RNGR
RNGR
Q4 25
0.20×
Q3 25
Q2 25
Q1 25
Q4 24
0.23×
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.00×

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
RNGR
RNGR
Operating Cash FlowLast quarter
$14.9M
$24.1M
Free Cash FlowOCF − Capex
$-44.2M
$17.1M
FCF MarginFCF / Revenue
-24.6%
12.0%
Capex IntensityCapex / Revenue
33.0%
4.9%
Cash ConversionOCF / Net Profit
7.53×
TTM Free Cash FlowTrailing 4 quarters
$-66.9M
$42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTLD
HTLD
RNGR
RNGR
Q4 25
$14.9M
$24.1M
Q3 25
$27.5M
$13.6M
Q2 25
$21.0M
$20.7M
Q1 25
$25.8M
$10.6M
Q4 24
$37.8M
$32.7M
Q3 24
$35.6M
$17.7M
Q2 24
$40.0M
$22.1M
Q1 24
$31.0M
$12.0M
Free Cash Flow
HTLD
HTLD
RNGR
RNGR
Q4 25
$-44.2M
$17.1M
Q3 25
$-12.2M
$8.0M
Q2 25
$-12.8M
$14.4M
Q1 25
$2.3M
$3.4M
Q4 24
$-45.5M
$27.3M
Q3 24
$24.6M
$10.8M
Q2 24
$29.4M
$6.8M
Q1 24
$26.3M
$5.5M
FCF Margin
HTLD
HTLD
RNGR
RNGR
Q4 25
-24.6%
12.0%
Q3 25
-6.2%
6.2%
Q2 25
-6.1%
10.2%
Q1 25
1.0%
2.5%
Q4 24
-18.8%
19.1%
Q3 24
9.5%
7.1%
Q2 24
10.7%
4.9%
Q1 24
9.7%
4.0%
Capex Intensity
HTLD
HTLD
RNGR
RNGR
Q4 25
33.0%
4.9%
Q3 25
20.2%
4.3%
Q2 25
16.1%
4.5%
Q1 25
10.7%
5.3%
Q4 24
34.3%
3.8%
Q3 24
4.2%
4.5%
Q2 24
3.8%
11.1%
Q1 24
1.7%
4.7%
Cash Conversion
HTLD
HTLD
RNGR
RNGR
Q4 25
7.53×
Q3 25
11.33×
Q2 25
2.84×
Q1 25
17.67×
Q4 24
5.64×
Q3 24
2.03×
Q2 24
4.70×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HTLD
HTLD

Segment breakdown not available.

RNGR
RNGR

High Specification Rigs$92.3M65%
Processing Solutions And Ancillary Services$37.5M26%
Wireline Services$12.4M9%

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