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

RLI CORP is the larger business by last-quarter revenue ($465.7M vs $262.2M, roughly 1.8× Danaos Corp). Danaos Corp runs the higher net margin — 49.9% vs 19.6%, a 30.4% gap on every dollar of revenue. On growth, Danaos Corp posted the faster year-over-year revenue change (6.4% vs 6.1%).

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.

RLI Corp. is an American insurance company specializing in property insurance and casualty insurance. It is headquartered in Peoria, Illinois.

DAC vs RLI — Head-to-Head

Bigger by revenue
RLI
RLI
1.8× larger
RLI
$465.7M
$262.2M
DAC
Growing faster (revenue YoY)
DAC
DAC
+0.4% gap
DAC
6.4%
6.1%
RLI
Higher net margin
DAC
DAC
30.4% more per $
DAC
49.9%
19.6%
RLI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
DAC
DAC
RLI
RLI
Revenue
$262.2M
$465.7M
Net Profit
$130.9M
$91.2M
Gross Margin
Operating Margin
47.9%
24.4%
Net Margin
49.9%
19.6%
Revenue YoY
6.4%
6.1%
Net Profit YoY
-7.3%
123.1%
EPS (diluted)
$7.12
$1.00

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
RLI
RLI
Q4 25
$465.7M
Q3 25
$509.3M
Q2 25
$262.2M
$499.8M
Q1 25
$407.7M
Q4 24
$439.1M
Q3 24
$470.0M
Q2 24
$246.3M
$416.4M
Q1 24
$444.8M
Net Profit
DAC
DAC
RLI
RLI
Q4 25
$91.2M
Q3 25
$124.6M
Q2 25
$130.9M
$124.3M
Q1 25
$63.2M
Q4 24
$40.9M
Q3 24
$95.0M
Q2 24
$141.2M
$82.0M
Q1 24
$127.9M
Operating Margin
DAC
DAC
RLI
RLI
Q4 25
24.4%
Q3 25
30.9%
Q2 25
47.9%
31.3%
Q1 25
19.3%
Q4 24
10.8%
Q3 24
24.9%
Q2 24
56.8%
24.8%
Q1 24
36.0%
Net Margin
DAC
DAC
RLI
RLI
Q4 25
19.6%
Q3 25
24.5%
Q2 25
49.9%
24.9%
Q1 25
15.5%
Q4 24
9.3%
Q3 24
20.2%
Q2 24
57.3%
19.7%
Q1 24
28.8%
EPS (diluted)
DAC
DAC
RLI
RLI
Q4 25
$1.00
Q3 25
$1.35
Q2 25
$7.12
$1.34
Q1 25
$0.68
Q4 24
$-2.87
Q3 24
$2.06
Q2 24
$7.23
$1.78
Q1 24
$2.77

Balance Sheet & Financial Strength

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

Metric
DAC
DAC
RLI
RLI
Cash + ST InvestmentsLiquidity on hand
$654.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$1.8B
Total Assets
$4.5B
$6.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAC
DAC
RLI
RLI
Q4 25
Q3 25
Q2 25
$654.1M
Q1 25
Q4 24
Q3 24
Q2 24
$471.7M
Q1 24
Total Debt
DAC
DAC
RLI
RLI
Q4 25
Q3 25
$100.0M
Q2 25
$100.0M
Q1 25
$100.0M
Q4 24
$100.0M
Q3 24
$100.0M
Q2 24
$100.0M
Q1 24
$100.0M
Stockholders' Equity
DAC
DAC
RLI
RLI
Q4 25
$1.8B
Q3 25
$1.9B
Q2 25
$3.6B
$1.7B
Q1 25
$1.6B
Q4 24
$1.5B
Q3 24
$1.7B
Q2 24
$3.3B
$1.6B
Q1 24
$1.5B
Total Assets
DAC
DAC
RLI
RLI
Q4 25
$6.2B
Q3 25
$6.2B
Q2 25
$4.5B
$6.0B
Q1 25
$5.7B
Q4 24
$5.6B
Q3 24
$5.8B
Q2 24
$4.0B
$5.5B
Q1 24
$5.3B
Debt / Equity
DAC
DAC
RLI
RLI
Q4 25
Q3 25
0.05×
Q2 25
0.06×
Q1 25
0.06×
Q4 24
0.07×
Q3 24
0.06×
Q2 24
0.06×
Q1 24
0.07×

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
RLI
RLI
Operating Cash FlowLast quarter
$156.8M
Free Cash FlowOCF − Capex
$155.0M
FCF MarginFCF / Revenue
33.3%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters
$608.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAC
DAC
RLI
RLI
Q4 25
$156.8M
Q3 25
$179.2M
Q2 25
$174.7M
Q1 25
$103.5M
Q4 24
$128.1M
Q3 24
$219.4M
Q2 24
$141.8M
Q1 24
$70.9M
Free Cash Flow
DAC
DAC
RLI
RLI
Q4 25
$155.0M
Q3 25
$177.8M
Q2 25
$173.4M
Q1 25
$102.5M
Q4 24
$127.6M
Q3 24
$219.0M
Q2 24
$139.1M
Q1 24
$69.9M
FCF Margin
DAC
DAC
RLI
RLI
Q4 25
33.3%
Q3 25
34.9%
Q2 25
34.7%
Q1 25
25.1%
Q4 24
29.0%
Q3 24
46.6%
Q2 24
33.4%
Q1 24
15.7%
Capex Intensity
DAC
DAC
RLI
RLI
Q4 25
0.4%
Q3 25
0.3%
Q2 25
0.3%
Q1 25
0.3%
Q4 24
0.1%
Q3 24
0.1%
Q2 24
0.7%
Q1 24
0.2%
Cash Conversion
DAC
DAC
RLI
RLI
Q4 25
1.72×
Q3 25
1.44×
Q2 25
1.41×
Q1 25
1.64×
Q4 24
3.13×
Q3 24
2.31×
Q2 24
1.73×
Q1 24
0.55×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DAC
DAC

Segment breakdown not available.

RLI
RLI

Casualty Segment$246.8M53%
Property Insurance Segment$122.5M26%
Other$59.3M13%
Surety Insurance Segment$37.1M8%

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