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Side-by-side financial comparison of Danaos Corp (DAC) and National Storage Affiliates Trust (NSA). Click either name above to swap in a different company.

Danaos Corp is the larger business by last-quarter revenue ($262.2M vs $187.0M, roughly 1.4× National Storage Affiliates Trust). Danaos Corp runs the higher net margin — 49.9% vs 12.2%, a 37.7% gap on every dollar of revenue. On growth, Danaos Corp posted the faster year-over-year revenue change (6.4% vs -1.6%).

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 Storage Affiliates Trust is a U.S.-headquartered real estate investment trust focused on self-storage assets. It owns, operates and acquires self-storage facilities across dozens of U.S. states, offering secure storage solutions for residential and commercial customers.

DAC vs NSA — Head-to-Head

Bigger by revenue
DAC
DAC
1.4× larger
DAC
$262.2M
$187.0M
NSA
Growing faster (revenue YoY)
DAC
DAC
+8.1% gap
DAC
6.4%
-1.6%
NSA
Higher net margin
DAC
DAC
37.7% more per $
DAC
49.9%
12.2%
NSA

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
DAC
DAC
NSA
NSA
Revenue
$262.2M
$187.0M
Net Profit
$130.9M
$22.9M
Gross Margin
72.5%
Operating Margin
47.9%
20.2%
Net Margin
49.9%
12.2%
Revenue YoY
6.4%
-1.6%
Net Profit YoY
-7.3%
36.8%
EPS (diluted)
$7.12
$0.23

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
NSA
NSA
Q4 25
$187.0M
Q3 25
$188.7M
Q2 25
$262.2M
$188.8M
Q1 25
$188.4M
Q4 24
$190.1M
Q3 24
$193.6M
Q2 24
$246.3M
$190.4M
Q1 24
$196.1M
Net Profit
DAC
DAC
NSA
NSA
Q4 25
$22.9M
Q3 25
$18.4M
Q2 25
$130.9M
$19.5M
Q1 25
$13.0M
Q4 24
$16.7M
Q3 24
$18.7M
Q2 24
$141.2M
$17.1M
Q1 24
$59.0M
Gross Margin
DAC
DAC
NSA
NSA
Q4 25
72.5%
Q3 25
70.7%
Q2 25
70.5%
Q1 25
70.7%
Q4 24
72.5%
Q3 24
72.8%
Q2 24
72.6%
Q1 24
72.1%
Operating Margin
DAC
DAC
NSA
NSA
Q4 25
20.2%
Q3 25
15.8%
Q2 25
47.9%
16.5%
Q1 25
11.0%
Q4 24
14.5%
Q3 24
15.8%
Q2 24
56.8%
17.2%
Q1 24
48.9%
Net Margin
DAC
DAC
NSA
NSA
Q4 25
12.2%
Q3 25
9.8%
Q2 25
49.9%
10.3%
Q1 25
6.9%
Q4 24
8.8%
Q3 24
9.7%
Q2 24
57.3%
9.0%
Q1 24
30.1%
EPS (diluted)
DAC
DAC
NSA
NSA
Q4 25
$0.23
Q3 25
$0.17
Q2 25
$7.12
$0.19
Q1 25
$0.10
Q4 24
$0.19
Q3 24
$0.18
Q2 24
$7.23
$0.16
Q1 24
$0.65

Balance Sheet & Financial Strength

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

Metric
DAC
DAC
NSA
NSA
Cash + ST InvestmentsLiquidity on hand
$654.1M
$23.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$946.0M
Total Assets
$4.5B
$5.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAC
DAC
NSA
NSA
Q4 25
$23.3M
Q3 25
$26.3M
Q2 25
$654.1M
$26.1M
Q1 25
$19.3M
Q4 24
$50.4M
Q3 24
$69.9M
Q2 24
$471.7M
$59.0M
Q1 24
$64.2M
Stockholders' Equity
DAC
DAC
NSA
NSA
Q4 25
$946.0M
Q3 25
$973.1M
Q2 25
$3.6B
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$986.9M
Q2 24
$3.3B
$1.2B
Q1 24
$1.3B
Total Assets
DAC
DAC
NSA
NSA
Q4 25
$5.1B
Q3 25
$5.1B
Q2 25
$4.5B
$5.2B
Q1 25
$5.3B
Q4 24
$5.4B
Q3 24
$5.4B
Q2 24
$4.0B
$5.3B
Q1 24
$5.4B

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
NSA
NSA
Operating Cash FlowLast quarter
$338.5M
Free Cash FlowOCF − Capex
$299.8M
FCF MarginFCF / Revenue
160.3%
Capex IntensityCapex / Revenue
20.7%
Cash ConversionOCF / Net Profit
14.79×
TTM Free Cash FlowTrailing 4 quarters
$541.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAC
DAC
NSA
NSA
Q4 25
$338.5M
Q3 25
$100.2M
Q2 25
$79.9M
Q1 25
$85.6M
Q4 24
$363.1M
Q3 24
$105.7M
Q2 24
$83.2M
Q1 24
$94.0M
Free Cash Flow
DAC
DAC
NSA
NSA
Q4 25
$299.8M
Q3 25
$88.0M
Q2 25
$73.8M
Q1 25
$79.9M
Q4 24
$344.4M
Q3 24
$101.8M
Q2 24
$79.5M
Q1 24
$88.6M
FCF Margin
DAC
DAC
NSA
NSA
Q4 25
160.3%
Q3 25
46.6%
Q2 25
39.1%
Q1 25
42.4%
Q4 24
181.2%
Q3 24
52.6%
Q2 24
41.7%
Q1 24
45.2%
Capex Intensity
DAC
DAC
NSA
NSA
Q4 25
20.7%
Q3 25
6.5%
Q2 25
3.2%
Q1 25
3.0%
Q4 24
9.8%
Q3 24
2.0%
Q2 24
1.9%
Q1 24
2.7%
Cash Conversion
DAC
DAC
NSA
NSA
Q4 25
14.79×
Q3 25
5.44×
Q2 25
4.10×
Q1 25
6.59×
Q4 24
21.70×
Q3 24
5.65×
Q2 24
4.88×
Q1 24
1.59×

Financial Flow Comparison

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

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