Heartland Express vs Pamt
Heartland Express is the larger business, with $806m of revenue in fiscal 2025 against $598m for Pamt (1.3 times as much). Pamt grew faster (-16.3% against -23.1%). Heartland Express kept more of each dollar of sales as profit: a net margin of -6.5% against -8.8%. Heartland Express carries less debt relative to equity (21.2% against 158.6%).
| Latest fiscal year | Heartland ExpressHTLD, 2025 | PamtPAMT, 2025 |
|---|---|---|
| Revenue | $806m | $598m |
| Revenue growth | -23.1% | -16.3% |
| Net income | −$52.5m | −$52.6m |
| Operating margin | -7.1% | -10.7% |
| Net margin | -6.5% | -8.8% |
| Return on equity | -6.6% | -21.6% |
| Free cash flow | −$66.9m | −$23.4m |
| Cash | $18.5m | $35.2m |
| Total debt | $160m | $334m |
| Debt to equity | 21.2% | 158.6% |
| Dividend per share | $0.08 | — |
| Dividend yield | 0.8% | — |
| Share buybacks | $10.4m | $14.9m |
| Employees | — | — |
| Market value | $818m | $260m |
| Price vs our value range | — | — |
| Moat score | 48 (Moderate) | 38 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 1 buys, 1 sales |