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Side-by-side financial comparison of DMC Global Inc. (BOOM) and Safehold Inc. (SAFE). Click either name above to swap in a different company.
DMC Global Inc. is the larger business by last-quarter revenue ($143.5M vs $97.9M, roughly 1.5× Safehold Inc.). Safehold Inc. runs the higher net margin — 28.5% vs -7.8%, a 36.3% gap on every dollar of revenue. On growth, Safehold Inc. posted the faster year-over-year revenue change (6.5% vs -5.8%). Over the past eight quarters, Safehold Inc.'s revenue compounded faster (2.5% CAGR vs -7.3%).
DMC Mining Services is a mining services contractor founded in 1980 operating in Canada, the United States, Chile, and Mongolia
SAFE Investment Company Limited is a Chinese sovereign wealth fund based in Hong Kong.
BOOM vs SAFE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $143.5M | $97.9M |
| Net Profit | $-11.2M | $27.9M |
| Gross Margin | 17.1% | 98.6% |
| Operating Margin | -7.8% | 27.4% |
| Net Margin | -7.8% | 28.5% |
| Revenue YoY | -5.8% | 6.5% |
| Net Profit YoY | -3871.6% | 7.1% |
| EPS (diluted) | $-0.60 | $0.38 |
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 | $143.5M | $97.9M | ||
| Q3 25 | $151.5M | $96.2M | ||
| Q2 25 | $155.5M | $93.8M | ||
| Q1 25 | $159.3M | $97.7M | ||
| Q4 24 | $152.4M | $91.9M | ||
| Q3 24 | $152.4M | $90.7M | ||
| Q2 24 | $171.2M | $89.9M | ||
| Q1 24 | $166.9M | $93.2M |
| Q4 25 | $-11.2M | $27.9M | ||
| Q3 25 | $-3.1M | $29.3M | ||
| Q2 25 | $116.0K | $27.9M | ||
| Q1 25 | $677.0K | $29.4M | ||
| Q4 24 | $296.0K | $26.0M | ||
| Q3 24 | $-101.3M | $19.3M | ||
| Q2 24 | $4.0M | $29.7M | ||
| Q1 24 | $2.6M | $30.7M |
| Q4 25 | 17.1% | 98.6% | ||
| Q3 25 | 21.7% | 98.5% | ||
| Q2 25 | 23.6% | 99.1% | ||
| Q1 25 | 25.9% | 98.8% | ||
| Q4 24 | 20.8% | 98.8% | ||
| Q3 24 | 19.8% | 98.8% | ||
| Q2 24 | 27.1% | 98.8% | ||
| Q1 24 | 25.4% | 98.8% |
| Q4 25 | -7.8% | 27.4% | ||
| Q3 25 | 0.4% | 25.9% | ||
| Q2 25 | 2.5% | 25.5% | ||
| Q1 25 | 4.1% | 25.9% | ||
| Q4 24 | -0.5% | 24.6% | ||
| Q3 24 | -97.7% | 17.5% | ||
| Q2 24 | 6.8% | 26.7% | ||
| Q1 24 | 4.0% | 26.4% |
| Q4 25 | -7.8% | 28.5% | ||
| Q3 25 | -2.0% | 30.5% | ||
| Q2 25 | 0.1% | 29.8% | ||
| Q1 25 | 0.4% | 30.1% | ||
| Q4 24 | 0.2% | 28.3% | ||
| Q3 24 | -66.5% | 21.3% | ||
| Q2 24 | 2.3% | 33.0% | ||
| Q1 24 | 1.5% | 33.0% |
| Q4 25 | $-0.60 | $0.38 | ||
| Q3 25 | $-0.10 | $0.41 | ||
| Q2 25 | $-0.24 | $0.39 | ||
| Q1 25 | $0.04 | $0.41 | ||
| Q4 24 | $-0.18 | $0.36 | ||
| Q3 24 | $-8.27 | $0.27 | ||
| Q2 24 | $0.24 | $0.42 | ||
| Q1 24 | $0.01 | $0.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $31.9M | $21.7M |
| Total DebtLower is stronger | $50.6M | $4.6B |
| Stockholders' EquityBook value | $242.1M | $2.4B |
| Total Assets | $635.8M | $7.2B |
| Debt / EquityLower = less leverage | 0.21× | 1.90× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.9M | $21.7M | ||
| Q3 25 | $26.4M | $12.1M | ||
| Q2 25 | $12.4M | $13.9M | ||
| Q1 25 | $14.7M | $17.3M | ||
| Q4 24 | $14.3M | $8.3M | ||
| Q3 24 | $14.5M | $15.6M | ||
| Q2 24 | $14.6M | $13.4M | ||
| Q1 24 | $20.4M | $11.3M |
| Q4 25 | $50.6M | $4.6B | ||
| Q3 25 | $56.5M | $4.5B | ||
| Q2 25 | $58.7M | $4.4B | ||
| Q1 25 | $72.4M | $4.3B | ||
| Q4 24 | $70.8M | $4.3B | ||
| Q3 24 | $74.2M | $4.3B | ||
| Q2 24 | $84.1M | $4.2B | ||
| Q1 24 | $88.0M | $4.1B |
| Q4 25 | $242.1M | $2.4B | ||
| Q3 25 | $253.0M | $2.4B | ||
| Q2 25 | $253.9M | $2.4B | ||
| Q1 25 | $253.9M | $2.4B | ||
| Q4 24 | $251.0M | $2.3B | ||
| Q3 24 | $256.5M | $2.3B | ||
| Q2 24 | $416.0M | $2.3B | ||
| Q1 24 | $409.9M | $2.3B |
| Q4 25 | $635.8M | $7.2B | ||
| Q3 25 | $644.1M | $7.1B | ||
| Q2 25 | $645.0M | $7.1B | ||
| Q1 25 | $670.6M | $6.9B | ||
| Q4 24 | $671.3M | $6.9B | ||
| Q3 24 | $702.0M | $6.8B | ||
| Q2 24 | $869.5M | $6.8B | ||
| Q1 24 | $860.0M | $6.7B |
| Q4 25 | 0.21× | 1.90× | ||
| Q3 25 | 0.22× | 1.89× | ||
| Q2 25 | 0.23× | 1.87× | ||
| Q1 25 | 0.29× | 1.85× | ||
| Q4 24 | 0.28× | 1.84× | ||
| Q3 24 | 0.29× | 1.88× | ||
| Q2 24 | 0.20× | 1.81× | ||
| Q1 24 | 0.21× | 1.81× |
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 | $15.2M | $47.8M |
| Free Cash FlowOCF − Capex | $9.6M | — |
| FCF MarginFCF / Revenue | 6.7% | — |
| Capex IntensityCapex / Revenue | 3.9% | — |
| Cash ConversionOCF / Net Profit | — | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | $37.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.2M | $47.8M | ||
| Q3 25 | $18.6M | $-1.4M | ||
| Q2 25 | $15.2M | $28.0M | ||
| Q1 25 | $4.5M | $8.9M | ||
| Q4 24 | $11.8M | $37.9M | ||
| Q3 24 | $19.0M | $8.3M | ||
| Q2 24 | $2.3M | $24.8M | ||
| Q1 24 | $13.4M | $-3.1M |
| Q4 25 | $9.6M | — | ||
| Q3 25 | $14.4M | — | ||
| Q2 25 | $12.3M | — | ||
| Q1 25 | $709.0K | — | ||
| Q4 24 | $6.1M | — | ||
| Q3 24 | $12.9M | — | ||
| Q2 24 | $-204.0K | — | ||
| Q1 24 | $10.5M | — |
| Q4 25 | 6.7% | — | ||
| Q3 25 | 9.5% | — | ||
| Q2 25 | 7.9% | — | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 8.5% | — | ||
| Q2 24 | -0.1% | — | ||
| Q1 24 | 6.3% | — |
| Q4 25 | 3.9% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 4.0% | — | ||
| Q2 24 | 1.5% | — | ||
| Q1 24 | 1.8% | — |
| Q4 25 | — | 1.72× | ||
| Q3 25 | — | -0.05× | ||
| Q2 25 | 131.43× | 1.00× | ||
| Q1 25 | 6.63× | 0.30× | ||
| Q4 24 | 39.90× | 1.45× | ||
| Q3 24 | — | 0.43× | ||
| Q2 24 | 0.58× | 0.83× | ||
| Q1 24 | 5.24× | -0.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BOOM
| Dyna Energetics Segment | $68.9M | 48% |
| Other | $57.0M | 40% |
| Nobel Clad Segment | $17.7M | 12% |
SAFE
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $60.3M | 62% |
| Other | $33.7M | 34% |
| Stabilized Properties | $3.8M | 4% |
