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Heartland Express vs Shengfeng Development

Heartland Express is the larger business, with $806m of revenue in fiscal 2025 against $572m for Shengfeng Development (1.4 times as much). Shengfeng Development grew faster (13.6% against -23.1%). Shengfeng Development kept more of each dollar of sales as profit: a net margin of 2.1% against -6.5%. Heartland Express carries less debt relative to equity (21.2% against 130.2%).

Latest fiscal yearHeartland ExpressHTLD, 2025Shengfeng DevelopmentSFWL, 2025
Revenue $806m $572m
Revenue growth -23.1% 13.6%
Net income −$52.5m $11.9m
Operating margin -7.1% 2.9%
Net margin -6.5% 2.1%
Return on equity -6.6% 9.6%
Free cash flow −$66.9m −$2.9m
Cash $18.5m $35.3m
Total debt $160m $172m
Debt to equity 21.2% 130.2%
Dividend per share $0.08 —
Dividend yield 0.8% —
Share buybacks $10.4m —
Employees — —
Market value $818m $10.0m
Price vs our value range — —
Moat score 48 (Moderate) —
Insider trades, 12 months 0 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.