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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and XPLR Infrastructure, LP (XIFR). Click either name above to swap in a different company.
XPLR Infrastructure, LP is the larger business by last-quarter revenue ($249.0M vs $179.4M, roughly 1.4× HEARTLAND EXPRESS INC). XPLR Infrastructure, LP runs the higher net margin — 11.2% vs -10.8%, a 22.1% gap on every dollar of revenue. On growth, XPLR Infrastructure, LP posted the faster year-over-year revenue change (-15.3% vs -26.1%). HEARTLAND EXPRESS INC produced more free cash flow last quarter ($-44.2M vs $-88.0M). Over the past eight quarters, XPLR Infrastructure, LP's revenue compounded faster (-1.6% 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.
XPLR Infrastructure is a publicly traded subsidiary of NextEra Energy, is a Juno Beach, Florida-based renewable energy company.
HTLD vs XIFR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $179.4M | $249.0M |
| Net Profit | $-19.4M | $28.0M |
| Gross Margin | — | — |
| Operating Margin | -12.7% | -19.3% |
| Net Margin | -10.8% | 11.2% |
| Revenue YoY | -26.1% | -15.3% |
| Net Profit YoY | -949.2% | 124.3% |
| EPS (diluted) | $-0.24 | — |
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.
| Q4 25 | $179.4M | $249.0M | ||
| Q3 25 | $196.5M | $315.0M | ||
| Q2 25 | $210.4M | $342.0M | ||
| Q1 25 | $219.4M | $282.0M | ||
| Q4 24 | $242.6M | $294.0M | ||
| Q3 24 | $259.9M | $319.0M | ||
| Q2 24 | $274.8M | $360.0M | ||
| Q1 24 | $270.3M | $257.0M |
| Q4 25 | $-19.4M | $28.0M | ||
| Q3 25 | $-8.3M | $-37.0M | ||
| Q2 25 | $-10.9M | $79.0M | ||
| Q1 25 | $-13.9M | $-98.0M | ||
| Q4 24 | $-1.9M | $-115.0M | ||
| Q3 24 | $-9.3M | $-40.0M | ||
| Q2 24 | $-3.5M | $62.0M | ||
| Q1 24 | $-15.1M | $70.0M |
| Q4 25 | -12.7% | -19.3% | ||
| Q3 25 | -3.7% | 1.6% | ||
| Q2 25 | -5.9% | 26.3% | ||
| Q1 25 | -6.8% | -82.6% | ||
| Q4 24 | 0.4% | -188.1% | ||
| Q3 24 | -2.7% | 15.4% | ||
| Q2 24 | 0.1% | 18.3% | ||
| Q1 24 | -5.3% | -8.2% |
| Q4 25 | -10.8% | 11.2% | ||
| Q3 25 | -4.2% | -11.7% | ||
| Q2 25 | -5.2% | 23.1% | ||
| Q1 25 | -6.3% | -34.8% | ||
| Q4 24 | -0.8% | -39.1% | ||
| Q3 24 | -3.6% | -12.5% | ||
| Q2 24 | -1.3% | 17.2% | ||
| Q1 24 | -5.6% | 27.2% |
| Q4 25 | $-0.24 | — | ||
| Q3 25 | $-0.11 | $-0.40 | ||
| Q2 25 | $-0.14 | $0.84 | ||
| Q1 25 | $-0.18 | $-1.05 | ||
| Q4 24 | $-0.03 | — | ||
| Q3 24 | $-0.12 | $-0.43 | ||
| Q2 24 | $-0.04 | $0.66 | ||
| Q1 24 | $-0.19 | $0.75 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.5M | $960.0M |
| Total DebtLower is stronger | $154.1M | $6.2B |
| Stockholders' EquityBook value | $755.3M | $10.9B |
| Total Assets | $1.2B | $19.6B |
| Debt / EquityLower = less leverage | 0.20× | 0.57× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.5M | $960.0M | ||
| Q3 25 | $32.7M | $711.0M | ||
| Q2 25 | $22.9M | $880.0M | ||
| Q1 25 | $23.9M | $1.5B | ||
| Q4 24 | $12.8M | $283.0M | ||
| Q3 24 | $30.7M | $290.0M | ||
| Q2 24 | $23.9M | $281.0M | ||
| Q1 24 | $23.8M | $245.0M |
| Q4 25 | $154.1M | $6.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $187.9M | $5.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $755.3M | $10.9B | ||
| Q3 25 | $775.6M | $11.0B | ||
| Q2 25 | $786.7M | $11.3B | ||
| Q1 25 | $807.7M | $12.6B | ||
| Q4 24 | $822.6M | $12.9B | ||
| Q3 24 | $825.7M | $13.6B | ||
| Q2 24 | $836.8M | $13.9B | ||
| Q1 24 | $848.8M | $14.0B |
| Q4 25 | $1.2B | $19.6B | ||
| Q3 25 | $1.3B | $19.1B | ||
| Q2 25 | $1.3B | $20.5B | ||
| Q1 25 | $1.3B | $21.4B | ||
| Q4 24 | $1.3B | $20.3B | ||
| Q3 24 | $1.4B | $20.9B | ||
| Q2 24 | $1.4B | $21.7B | ||
| Q1 24 | $1.5B | $22.3B |
| Q4 25 | 0.20× | 0.57× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.23× | 0.41× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $14.9M | $186.0M |
| Free Cash FlowOCF − Capex | $-44.2M | $-88.0M |
| FCF MarginFCF / Revenue | -24.6% | -35.3% |
| Capex IntensityCapex / Revenue | 33.0% | 110.0% |
| Cash ConversionOCF / Net Profit | — | 6.64× |
| TTM Free Cash FlowTrailing 4 quarters | $-66.9M | $-219.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.9M | $186.0M | ||
| Q3 25 | $27.5M | $231.0M | ||
| Q2 25 | $21.0M | $232.0M | ||
| Q1 25 | $25.8M | $90.0M | ||
| Q4 24 | $37.8M | $283.0M | ||
| Q3 24 | $35.6M | $208.0M | ||
| Q2 24 | $40.0M | $231.0M | ||
| Q1 24 | $31.0M | $78.0M |
| Q4 25 | $-44.2M | $-88.0M | ||
| Q3 25 | $-12.2M | $-283.0M | ||
| Q2 25 | $-12.8M | $151.0M | ||
| Q1 25 | $2.3M | $1.0M | ||
| Q4 24 | $-45.5M | $231.0M | ||
| Q3 24 | $24.6M | $152.0M | ||
| Q2 24 | $29.4M | $162.0M | ||
| Q1 24 | $26.3M | $14.0M |
| Q4 25 | -24.6% | -35.3% | ||
| Q3 25 | -6.2% | -89.8% | ||
| Q2 25 | -6.1% | 44.2% | ||
| Q1 25 | 1.0% | 0.4% | ||
| Q4 24 | -18.8% | 78.6% | ||
| Q3 24 | 9.5% | 47.6% | ||
| Q2 24 | 10.7% | 45.0% | ||
| Q1 24 | 9.7% | 5.4% |
| Q4 25 | 33.0% | 110.0% | ||
| Q3 25 | 20.2% | 163.2% | ||
| Q2 25 | 16.1% | 23.7% | ||
| Q1 25 | 10.7% | 31.6% | ||
| Q4 24 | 34.3% | 17.7% | ||
| Q3 24 | 4.2% | 17.6% | ||
| Q2 24 | 3.8% | 19.2% | ||
| Q1 24 | 1.7% | 24.9% |
| Q4 25 | — | 6.64× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.94× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.73× | ||
| Q1 24 | — | 1.11× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HTLD
Segment breakdown not available.
XIFR
| Renewable Energy Sales | $238.0M | 96% |
| Related Party | $8.0M | 3% |
