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Side-by-side financial comparison of Danaos Corp (DAC) and ROYAL GOLD INC (RGLD). Click either name above to swap in a different company.

ROYAL GOLD INC is the larger business by last-quarter revenue ($375.3M vs $262.2M, roughly 1.4× Danaos Corp). Danaos Corp runs the higher net margin — 49.9% vs 24.9%, a 25.0% gap on every dollar of revenue. On growth, ROYAL GOLD INC posted the faster year-over-year revenue change (85.3% vs 6.4%).

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.

Royal Gold Inc. is a leading precious metals streaming and royalty firm that acquires and manages a diversified portfolio of streaming interests, royalties, and equity interests tied to mining projects. Its assets cover gold, silver, and copper production across North America, South America, Africa, and Australia, operating with a low-risk model that avoids direct mining operations.

DAC vs RGLD — Head-to-Head

Bigger by revenue
RGLD
RGLD
1.4× larger
RGLD
$375.3M
$262.2M
DAC
Growing faster (revenue YoY)
RGLD
RGLD
+78.9% gap
RGLD
85.3%
6.4%
DAC
Higher net margin
DAC
DAC
25.0% more per $
DAC
49.9%
24.9%
RGLD

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
DAC
DAC
RGLD
RGLD
Revenue
$262.2M
$375.3M
Net Profit
$130.9M
$93.6M
Gross Margin
64.6%
Operating Margin
47.9%
56.2%
Net Margin
49.9%
24.9%
Revenue YoY
6.4%
85.3%
Net Profit YoY
-7.3%
-12.8%
EPS (diluted)
$7.12
$1.04

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
RGLD
RGLD
Q4 25
$375.3M
Q3 25
$252.1M
Q2 25
$262.2M
$209.6M
Q1 25
$193.4M
Q4 24
$202.6M
Q3 24
$193.8M
Q2 24
$246.3M
$174.1M
Q1 24
$148.9M
Net Profit
DAC
DAC
RGLD
RGLD
Q4 25
$93.6M
Q3 25
$126.8M
Q2 25
$130.9M
$132.3M
Q1 25
$113.5M
Q4 24
$107.4M
Q3 24
$96.2M
Q2 24
$141.2M
$81.2M
Q1 24
$47.2M
Gross Margin
DAC
DAC
RGLD
RGLD
Q4 25
64.6%
Q3 25
73.6%
Q2 25
72.6%
Q1 25
69.4%
Q4 24
70.3%
Q3 24
66.6%
Q2 24
64.7%
Q1 24
58.4%
Operating Margin
DAC
DAC
RGLD
RGLD
Q4 25
56.2%
Q3 25
64.4%
Q2 25
47.9%
67.7%
Q1 25
63.6%
Q4 24
65.9%
Q3 24
61.3%
Q2 24
56.8%
58.6%
Q1 24
50.7%
Net Margin
DAC
DAC
RGLD
RGLD
Q4 25
24.9%
Q3 25
50.3%
Q2 25
49.9%
63.1%
Q1 25
58.7%
Q4 24
53.0%
Q3 24
49.7%
Q2 24
57.3%
46.6%
Q1 24
31.7%
EPS (diluted)
DAC
DAC
RGLD
RGLD
Q4 25
$1.04
Q3 25
$1.92
Q2 25
$7.12
$2.01
Q1 25
$1.72
Q4 24
$1.63
Q3 24
$1.46
Q2 24
$7.23
$1.23
Q1 24
$0.72

Balance Sheet & Financial Strength

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

Metric
DAC
DAC
RGLD
RGLD
Cash + ST InvestmentsLiquidity on hand
$654.1M
$233.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$7.2B
Total Assets
$4.5B
$9.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAC
DAC
RGLD
RGLD
Q4 25
$233.7M
Q3 25
$172.8M
Q2 25
$654.1M
$248.2M
Q1 25
$240.8M
Q4 24
$195.5M
Q3 24
$127.9M
Q2 24
$471.7M
$74.2M
Q1 24
$137.9M
Total Debt
DAC
DAC
RGLD
RGLD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$0
Q2 24
$50.0M
Q1 24
Stockholders' Equity
DAC
DAC
RGLD
RGLD
Q4 25
$7.2B
Q3 25
$3.4B
Q2 25
$3.6B
$3.3B
Q1 25
$3.2B
Q4 24
$3.1B
Q3 24
$3.0B
Q2 24
$3.3B
$3.0B
Q1 24
$2.9B
Total Assets
DAC
DAC
RGLD
RGLD
Q4 25
$9.5B
Q3 25
$4.5B
Q2 25
$4.5B
$3.6B
Q1 25
$3.5B
Q4 24
$3.4B
Q3 24
$3.3B
Q2 24
$4.0B
$3.3B
Q1 24
$3.3B
Debt / Equity
DAC
DAC
RGLD
RGLD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.00×
Q2 24
0.02×
Q1 24

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
RGLD
RGLD
Operating Cash FlowLast quarter
$241.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.58×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAC
DAC
RGLD
RGLD
Q4 25
$241.7M
Q3 25
$174.0M
Q2 25
$152.8M
Q1 25
$136.4M
Q4 24
$141.1M
Q3 24
$136.7M
Q2 24
$113.5M
Q1 24
$138.3M
Cash Conversion
DAC
DAC
RGLD
RGLD
Q4 25
2.58×
Q3 25
1.37×
Q2 25
1.15×
Q1 25
1.20×
Q4 24
1.31×
Q3 24
1.42×
Q2 24
1.40×
Q1 24
2.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DAC
DAC

Segment breakdown not available.

RGLD
RGLD

Gold$216.9M58%
Pueblo Viejo$47.3M13%
Andacollo$32.6M9%
Silver$32.1M9%
Other$27.2M7%
Copper$13.7M4%
Cortez Legacy Zone$5.4M1%

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