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Side-by-side financial comparison of Danaos Corp (DAC) and NATIONAL FUEL GAS CO (NFG). Click either name above to swap in a different company.

NATIONAL FUEL GAS CO is the larger business by last-quarter revenue ($425.9M vs $262.2M, roughly 1.6× Danaos Corp). Danaos Corp runs the higher net margin — 49.9% vs 35.7%, a 14.2% gap on every dollar of revenue. On growth, Danaos Corp posted the faster year-over-year revenue change (6.4% vs 1.7%).

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.

National Fuel Gas Company is a diversified energy company with $6.2 billion in assets distributed among the following five operating segments: Exploration and Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing. National Fuel Gas was incorporated in 1902 and is based in Williamsville, New York.

DAC vs NFG — Head-to-Head

Bigger by revenue
NFG
NFG
1.6× larger
NFG
$425.9M
$262.2M
DAC
Growing faster (revenue YoY)
DAC
DAC
+4.7% gap
DAC
6.4%
1.7%
NFG
Higher net margin
DAC
DAC
14.2% more per $
DAC
49.9%
35.7%
NFG

Income Statement — Q2 FY2025 vs Q2 FY2026

Metric
DAC
DAC
NFG
NFG
Revenue
$262.2M
$425.9M
Net Profit
$130.9M
$152.0M
Gross Margin
Operating Margin
47.9%
81.5%
Net Margin
49.9%
35.7%
Revenue YoY
6.4%
1.7%
Net Profit YoY
-7.3%
EPS (diluted)
$7.12
$1.59

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
NFG
NFG
Q1 26
$425.9M
Q4 25
$637.9M
Q3 25
$443.1M
Q2 25
$262.2M
$527.4M
Q1 25
$734.8M
Q4 24
$513.8M
Q3 24
$310.0M
Q2 24
$246.3M
$338.6M
Net Profit
DAC
DAC
NFG
NFG
Q1 26
$152.0M
Q4 25
$181.6M
Q3 25
$107.3M
Q2 25
$130.9M
$149.8M
Q1 25
$216.4M
Q4 24
$45.0M
Q3 24
$-167.6M
Q2 24
$141.2M
$-54.2M
Gross Margin
DAC
DAC
NFG
NFG
Q1 26
Q4 25
86.6%
Q3 25
Q2 25
94.7%
Q1 25
81.6%
Q4 24
87.3%
Q3 24
Q2 24
98.5%
Operating Margin
DAC
DAC
NFG
NFG
Q1 26
81.5%
Q4 25
43.3%
Q3 25
40.6%
Q2 25
47.9%
43.7%
Q1 25
43.2%
Q4 24
16.8%
Q3 24
-63.4%
Q2 24
56.8%
-15.2%
Net Margin
DAC
DAC
NFG
NFG
Q1 26
35.7%
Q4 25
28.5%
Q3 25
24.2%
Q2 25
49.9%
28.4%
Q1 25
29.4%
Q4 24
8.8%
Q3 24
-54.1%
Q2 24
57.3%
-16.0%
EPS (diluted)
DAC
DAC
NFG
NFG
Q1 26
$1.59
Q4 25
$1.98
Q3 25
$1.18
Q2 25
$7.12
$1.64
Q1 25
$2.37
Q4 24
$0.49
Q3 24
$-1.81
Q2 24
$7.23
$-0.59

Balance Sheet & Financial Strength

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

Metric
DAC
DAC
NFG
NFG
Cash + ST InvestmentsLiquidity on hand
$654.1M
Total DebtLower is stronger
$300.0M
Stockholders' EquityBook value
$3.6B
Total Assets
$4.5B
$9.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAC
DAC
NFG
NFG
Q1 26
Q4 25
$271.4M
Q3 25
$43.2M
Q2 25
$654.1M
$39.3M
Q1 25
$40.0M
Q4 24
$48.7M
Q3 24
$38.2M
Q2 24
$471.7M
$81.4M
Total Debt
DAC
DAC
NFG
NFG
Q1 26
$300.0M
Q4 25
$2.7B
Q3 25
$2.7B
Q2 25
$2.7B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.7B
Q2 24
$2.7B
Stockholders' Equity
DAC
DAC
NFG
NFG
Q1 26
Q4 25
$3.6B
Q3 25
$3.1B
Q2 25
$3.6B
$3.0B
Q1 25
$2.8B
Q4 24
$-76.2M
Q3 24
$-15.5M
Q2 24
$3.3B
$5.0M
Total Assets
DAC
DAC
NFG
NFG
Q1 26
$9.1B
Q4 25
$9.2B
Q3 25
$8.7B
Q2 25
$4.5B
$8.4B
Q1 25
$8.5B
Q4 24
$8.3B
Q3 24
$8.3B
Q2 24
$4.0B
$8.5B
Debt / Equity
DAC
DAC
NFG
NFG
Q1 26
Q4 25
0.75×
Q3 25
0.87×
Q2 25
0.90×
Q1 25
0.99×
Q4 24
Q3 24
Q2 24
532.10×

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
NFG
NFG
Operating Cash FlowLast quarter
$657.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
117.0%
Cash ConversionOCF / Net Profit
4.32×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAC
DAC
NFG
NFG
Q1 26
$657.3M
Q4 25
$274.9M
Q3 25
$237.8M
Q2 25
$388.4M
Q1 25
$253.8M
Q4 24
$220.1M
Q3 24
$197.9M
Q2 24
$281.8M
Free Cash Flow
DAC
DAC
NFG
NFG
Q1 26
Q4 25
$-2.7M
Q3 25
$-47.8M
Q2 25
$195.3M
Q1 25
$59.9M
Q4 24
$-20.3M
Q3 24
$-49.1M
Q2 24
$79.5M
FCF Margin
DAC
DAC
NFG
NFG
Q1 26
Q4 25
-0.4%
Q3 25
-10.8%
Q2 25
37.0%
Q1 25
8.2%
Q4 24
-4.0%
Q3 24
-15.8%
Q2 24
23.5%
Capex Intensity
DAC
DAC
NFG
NFG
Q1 26
117.0%
Q4 25
43.5%
Q3 25
64.4%
Q2 25
36.6%
Q1 25
26.4%
Q4 24
46.8%
Q3 24
79.7%
Q2 24
59.7%
Cash Conversion
DAC
DAC
NFG
NFG
Q1 26
4.32×
Q4 25
1.51×
Q3 25
2.21×
Q2 25
2.59×
Q1 25
1.17×
Q4 24
4.89×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

DAC
DAC

Segment breakdown not available.

NFG
NFG

Revenues from External Customers$425.8M100%
Intersegment Revenues$126.0K0%

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