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Side-by-side financial comparison of Danaos Corp (DAC) and MAGIC SOFTWARE ENTERPRISES LTD (MGIC). Click either name above to swap in a different company.

MAGIC SOFTWARE ENTERPRISES LTD is the larger business by last-quarter revenue ($419.6M vs $262.2M, roughly 1.6× Danaos Corp). Danaos Corp runs the higher net margin — 49.9% vs 8.4%, a 41.5% gap on every dollar of revenue.

Danaos Corporation is a leading global containership ownership and management firm. It operates a large fleet of modern container vessels, providing long-term charter services to top international container liner operators across major global trade routes, supporting the efficiency and reliability of global supply chains.

Magic Software Enterprises provides low-code integration and data management platforms that simplify the connection between legacy on-premise systems and modern cloud applications. Its flagship products — Magic xpi Integration Platform and FactoryEye Smart Factory Solution, enable enterprises to achieve end-to-end visibility, faster cloud migration, and managed integration services.

DAC vs MGIC — Head-to-Head

Bigger by revenue
MGIC
MGIC
1.6× larger
MGIC
$419.6M
$262.2M
DAC
Higher net margin
DAC
DAC
41.5% more per $
DAC
49.9%
8.4%
MGIC

Income Statement — Q2 FY2025 vs Q3 FY2023

Metric
DAC
DAC
MGIC
MGIC
Revenue
$262.2M
$419.6M
Net Profit
$130.9M
$35.3M
Gross Margin
27.1%
Operating Margin
47.9%
11.3%
Net Margin
49.9%
8.4%
Revenue YoY
6.4%
Net Profit YoY
-7.3%
EPS (diluted)
$7.12

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
DAC
DAC
MGIC
MGIC
Q2 25
$262.2M
Q2 24
$246.3M
Q3 23
$419.6M
Q2 23
$241.5M
$275.7M
Q1 23
$138.7M
Q3 22
$347.3M
Q2 22
$250.9M
$226.5M
Q1 22
$107.3M
Net Profit
DAC
DAC
MGIC
MGIC
Q2 25
$130.9M
Q2 24
$141.2M
Q3 23
$35.3M
Q2 23
$147.0M
$22.2M
Q1 23
$11.3M
Q3 22
$26.6M
Q2 22
$8.2M
$17.9M
Q1 22
$8.8M
Gross Margin
DAC
DAC
MGIC
MGIC
Q2 25
Q2 24
Q3 23
27.1%
Q2 23
26.9%
Q1 23
27.1%
Q3 22
27.5%
Q2 22
27.8%
Q1 22
28.1%
Operating Margin
DAC
DAC
MGIC
MGIC
Q2 25
47.9%
Q2 24
56.8%
Q3 23
11.3%
Q2 23
61.1%
11.3%
Q1 23
11.6%
Q3 22
10.6%
Q2 22
62.5%
11.0%
Q1 22
11.4%
Net Margin
DAC
DAC
MGIC
MGIC
Q2 25
49.9%
Q2 24
57.3%
Q3 23
8.4%
Q2 23
60.9%
8.1%
Q1 23
8.1%
Q3 22
7.7%
Q2 22
3.3%
7.9%
Q1 22
8.2%
EPS (diluted)
DAC
DAC
MGIC
MGIC
Q2 25
$7.12
Q2 24
$7.23
Q3 23
Q2 23
$7.32
Q1 23
Q3 22
$0.47
Q2 22
$0.40
$0.31
Q1 22
$0.15

Balance Sheet & Financial Strength

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

Metric
DAC
DAC
MGIC
MGIC
Cash + ST InvestmentsLiquidity on hand
$654.1M
$83.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$276.3M
Total Assets
$4.5B
$505.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAC
DAC
MGIC
MGIC
Q2 25
$654.1M
Q2 24
$471.7M
Q3 23
$83.1M
Q2 23
$367.9M
$83.1M
Q1 23
$83.1M
Q3 22
$88.1M
Q2 22
$319.6M
$88.1M
Q1 22
$88.1M
Stockholders' Equity
DAC
DAC
MGIC
MGIC
Q2 25
$3.6B
Q2 24
$3.3B
Q3 23
$276.3M
Q2 23
$2.8B
$276.3M
Q1 23
$276.3M
Q3 22
$275.7M
Q2 22
$2.4B
$275.7M
Q1 22
$275.7M
Total Assets
DAC
DAC
MGIC
MGIC
Q2 25
$4.5B
Q2 24
$4.0B
Q3 23
$505.1M
Q2 23
$3.5B
$505.1M
Q1 23
$505.1M
Q3 22
$492.0M
Q2 22
$3.7B
$492.0M
Q1 22
$492.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DAC
DAC
MGIC
MGIC
Operating Cash FlowLast quarter
$40.3M
Free Cash FlowOCF − Capex
$37.0M
FCF MarginFCF / Revenue
8.8%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
1.14×
TTM Free Cash FlowTrailing 4 quarters
$98.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAC
DAC
MGIC
MGIC
Q2 25
Q2 24
Q3 23
$40.3M
Q2 23
$18.4M
Q1 23
$12.8M
Q3 22
$34.2M
Q2 22
$28.0M
Q1 22
$15.9M
Free Cash Flow
DAC
DAC
MGIC
MGIC
Q2 25
Q2 24
Q3 23
$37.0M
Q2 23
$16.2M
Q1 23
$12.5M
Q3 22
$33.2M
Q2 22
$27.4M
Q1 22
$15.4M
FCF Margin
DAC
DAC
MGIC
MGIC
Q2 25
Q2 24
Q3 23
8.8%
Q2 23
5.9%
Q1 23
9.0%
Q3 22
9.6%
Q2 22
12.1%
Q1 22
14.3%
Capex Intensity
DAC
DAC
MGIC
MGIC
Q2 25
Q2 24
Q3 23
0.8%
Q2 23
0.8%
Q1 23
0.2%
Q3 22
0.3%
Q2 22
0.3%
Q1 22
0.5%
Cash Conversion
DAC
DAC
MGIC
MGIC
Q2 25
Q2 24
Q3 23
1.14×
Q2 23
0.83×
Q1 23
1.13×
Q3 22
1.28×
Q2 22
1.57×
Q1 22
1.80×

Financial Flow Comparison

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

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