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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and TRUSTMARK CORP (TRMK). Click either name above to swap in a different company.

TRUSTMARK CORP is the larger business by last-quarter revenue ($204.1M vs $179.4M, roughly 1.1× HEARTLAND EXPRESS INC). TRUSTMARK CORP runs the higher net margin — 28.4% vs -10.8%, a 39.2% gap on every dollar of revenue. On growth, TRUSTMARK CORP posted the faster year-over-year revenue change (4.5% vs -26.1%). TRUSTMARK CORP produced more free cash flow last quarter ($232.0M vs $-44.2M). Over the past eight quarters, TRUSTMARK CORP's revenue compounded faster (8.9% 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.

Trustmark is an insurance company. According to Crain's Chicago Business magazine, Trustmark ranks #69 among Chicago's Largest Privately Held Companies in 2018.

HTLD vs TRMK — Head-to-Head

Bigger by revenue
TRMK
TRMK
1.1× larger
TRMK
$204.1M
$179.4M
HTLD
Growing faster (revenue YoY)
TRMK
TRMK
+30.6% gap
TRMK
4.5%
-26.1%
HTLD
Higher net margin
TRMK
TRMK
39.2% more per $
TRMK
28.4%
-10.8%
HTLD
More free cash flow
TRMK
TRMK
$276.1M more FCF
TRMK
$232.0M
$-44.2M
HTLD
Faster 2-yr revenue CAGR
TRMK
TRMK
Annualised
TRMK
8.9%
-18.5%
HTLD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HTLD
HTLD
TRMK
TRMK
Revenue
$179.4M
$204.1M
Net Profit
$-19.4M
$57.9M
Gross Margin
Operating Margin
-12.7%
34.7%
Net Margin
-10.8%
28.4%
Revenue YoY
-26.1%
4.5%
Net Profit YoY
-949.2%
2.8%
EPS (diluted)
$-0.24
$0.96

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
TRMK
TRMK
Q4 25
$179.4M
$204.1M
Q3 25
$196.5M
$202.4M
Q2 25
$210.4M
$198.6M
Q1 25
$219.4M
$194.6M
Q4 24
$242.6M
$155.8M
Q3 24
$259.9M
$192.3M
Q2 24
$274.8M
$141.0M
Q1 24
$270.3M
$172.2M
Net Profit
HTLD
HTLD
TRMK
TRMK
Q4 25
$-19.4M
$57.9M
Q3 25
$-8.3M
$56.8M
Q2 25
$-10.9M
$55.8M
Q1 25
$-13.9M
$53.6M
Q4 24
$-1.9M
$56.3M
Q3 24
$-9.3M
$51.3M
Q2 24
$-3.5M
$73.8M
Q1 24
$-15.1M
$41.5M
Operating Margin
HTLD
HTLD
TRMK
TRMK
Q4 25
-12.7%
34.7%
Q3 25
-3.7%
34.5%
Q2 25
-5.9%
34.7%
Q1 25
-6.8%
33.6%
Q4 24
0.4%
41.6%
Q3 24
-2.7%
32.5%
Q2 24
0.1%
-98.1%
Q1 24
-5.3%
26.1%
Net Margin
HTLD
HTLD
TRMK
TRMK
Q4 25
-10.8%
28.4%
Q3 25
-4.2%
28.1%
Q2 25
-5.2%
28.1%
Q1 25
-6.3%
27.6%
Q4 24
-0.8%
36.1%
Q3 24
-3.6%
26.7%
Q2 24
-1.3%
52.4%
Q1 24
-5.6%
24.1%
EPS (diluted)
HTLD
HTLD
TRMK
TRMK
Q4 25
$-0.24
$0.96
Q3 25
$-0.11
$0.94
Q2 25
$-0.14
$0.92
Q1 25
$-0.18
$0.88
Q4 24
$-0.03
$0.91
Q3 24
$-0.12
$0.84
Q2 24
$-0.04
$1.20
Q1 24
$-0.19
$0.68

Balance Sheet & Financial Strength

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

Metric
HTLD
HTLD
TRMK
TRMK
Cash + ST InvestmentsLiquidity on hand
$18.5M
Total DebtLower is stronger
$154.1M
Stockholders' EquityBook value
$755.3M
$2.1B
Total Assets
$1.2B
$18.9B
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTLD
HTLD
TRMK
TRMK
Q4 25
$18.5M
Q3 25
$32.7M
Q2 25
$22.9M
Q1 25
$23.9M
Q4 24
$12.8M
Q3 24
$30.7M
Q2 24
$23.9M
Q1 24
$23.8M
Total Debt
HTLD
HTLD
TRMK
TRMK
Q4 25
$154.1M
Q3 25
Q2 25
Q1 25
Q4 24
$187.9M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HTLD
HTLD
TRMK
TRMK
Q4 25
$755.3M
$2.1B
Q3 25
$775.6M
$2.1B
Q2 25
$786.7M
$2.1B
Q1 25
$807.7M
$2.0B
Q4 24
$822.6M
$2.0B
Q3 24
$825.7M
$2.0B
Q2 24
$836.8M
$1.9B
Q1 24
$848.8M
$1.7B
Total Assets
HTLD
HTLD
TRMK
TRMK
Q4 25
$1.2B
$18.9B
Q3 25
$1.3B
$18.8B
Q2 25
$1.3B
$18.6B
Q1 25
$1.3B
$18.3B
Q4 24
$1.3B
$18.2B
Q3 24
$1.4B
$18.5B
Q2 24
$1.4B
$18.5B
Q1 24
$1.5B
$18.4B
Debt / Equity
HTLD
HTLD
TRMK
TRMK
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
TRMK
TRMK
Operating Cash FlowLast quarter
$14.9M
$243.9M
Free Cash FlowOCF − Capex
$-44.2M
$232.0M
FCF MarginFCF / Revenue
-24.6%
113.6%
Capex IntensityCapex / Revenue
33.0%
5.9%
Cash ConversionOCF / Net Profit
4.21×
TTM Free Cash FlowTrailing 4 quarters
$-66.9M
$409.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTLD
HTLD
TRMK
TRMK
Q4 25
$14.9M
$243.9M
Q3 25
$27.5M
$66.2M
Q2 25
$21.0M
$37.6M
Q1 25
$25.8M
$82.4M
Q4 24
$37.8M
$116.9M
Q3 24
$35.6M
$59.5M
Q2 24
$40.0M
$16.7M
Q1 24
$31.0M
$-58.5M
Free Cash Flow
HTLD
HTLD
TRMK
TRMK
Q4 25
$-44.2M
$232.0M
Q3 25
$-12.2M
$62.7M
Q2 25
$-12.8M
$34.5M
Q1 25
$2.3M
$80.6M
Q4 24
$-45.5M
$93.4M
Q3 24
$24.6M
$51.2M
Q2 24
$29.4M
$10.5M
Q1 24
$26.3M
$-63.6M
FCF Margin
HTLD
HTLD
TRMK
TRMK
Q4 25
-24.6%
113.6%
Q3 25
-6.2%
31.0%
Q2 25
-6.1%
17.4%
Q1 25
1.0%
41.4%
Q4 24
-18.8%
60.0%
Q3 24
9.5%
26.7%
Q2 24
10.7%
7.4%
Q1 24
9.7%
-36.9%
Capex Intensity
HTLD
HTLD
TRMK
TRMK
Q4 25
33.0%
5.9%
Q3 25
20.2%
1.8%
Q2 25
16.1%
1.6%
Q1 25
10.7%
0.9%
Q4 24
34.3%
15.1%
Q3 24
4.2%
4.3%
Q2 24
3.8%
4.4%
Q1 24
1.7%
2.9%
Cash Conversion
HTLD
HTLD
TRMK
TRMK
Q4 25
4.21×
Q3 25
1.17×
Q2 25
0.67×
Q1 25
1.54×
Q4 24
2.08×
Q3 24
1.16×
Q2 24
0.23×
Q1 24
-1.41×

Financial Flow Comparison

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

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