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Side-by-side financial comparison of Danaos Corp (DAC) and SPORTSMAN'S WAREHOUSE HOLDINGS, INC. (SPWH). Click either name above to swap in a different company.

SPORTSMAN'S WAREHOUSE HOLDINGS, INC. is the larger business by last-quarter revenue ($331.3M vs $262.2M, roughly 1.3× Danaos Corp). Danaos Corp runs the higher net margin — 49.9% vs 0.0%, a 49.9% gap on every dollar of revenue. On growth, Danaos Corp posted the faster year-over-year revenue change (6.4% vs 2.2%).

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.

Sportsman's Warehouse is an American outdoor sporting goods retailer which operates in 29 states across the United States. Sportsman's Warehouse sells apparel, footwear, and gear which caters to sportsmen and sportswomen with interests in hunting, shooting, reloading, camping, fishing, and other outdoor recreational activities.

DAC vs SPWH — Head-to-Head

Bigger by revenue
SPWH
SPWH
1.3× larger
SPWH
$331.3M
$262.2M
DAC
Growing faster (revenue YoY)
DAC
DAC
+4.3% gap
DAC
6.4%
2.2%
SPWH
Higher net margin
DAC
DAC
49.9% more per $
DAC
49.9%
0.0%
SPWH

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
DAC
DAC
SPWH
SPWH
Revenue
$262.2M
$331.3M
Net Profit
$130.9M
$8.0K
Gross Margin
32.8%
Operating Margin
47.9%
1.3%
Net Margin
49.9%
0.0%
Revenue YoY
6.4%
2.2%
Net Profit YoY
-7.3%
-97.8%
EPS (diluted)
$7.12
$0.00

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
SPWH
SPWH
Q4 25
$331.3M
Q3 25
$293.9M
Q2 25
$262.2M
$249.1M
Q1 25
$340.4M
Q4 24
$324.3M
Q3 24
$288.7M
Q2 24
$246.3M
$244.2M
Q1 24
$370.4M
Net Profit
DAC
DAC
SPWH
SPWH
Q4 25
$8.0K
Q3 25
$-7.1M
Q2 25
$130.9M
$-21.3M
Q1 25
$-8.7M
Q4 24
$-364.0K
Q3 24
$-5.9M
Q2 24
$141.2M
$-18.1M
Q1 24
$-8.7M
Gross Margin
DAC
DAC
SPWH
SPWH
Q4 25
32.8%
Q3 25
32.0%
Q2 25
30.4%
Q1 25
30.4%
Q4 24
31.8%
Q3 24
31.2%
Q2 24
30.2%
Q1 24
26.8%
Operating Margin
DAC
DAC
SPWH
SPWH
Q4 25
1.3%
Q3 25
-1.1%
Q2 25
47.9%
-7.9%
Q1 25
1.1%
Q4 24
1.0%
Q3 24
-1.5%
Q2 24
56.8%
-8.4%
Q1 24
-2.1%
Net Margin
DAC
DAC
SPWH
SPWH
Q4 25
0.0%
Q3 25
-2.4%
Q2 25
49.9%
-8.5%
Q1 25
-2.6%
Q4 24
-0.1%
Q3 24
-2.0%
Q2 24
57.3%
-7.4%
Q1 24
-2.4%
EPS (diluted)
DAC
DAC
SPWH
SPWH
Q4 25
$0.00
Q3 25
$-0.18
Q2 25
$7.12
$-0.56
Q1 25
$-0.22
Q4 24
$-0.01
Q3 24
$-0.16
Q2 24
$7.23
$-0.48
Q1 24
$-0.22

Balance Sheet & Financial Strength

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

Metric
DAC
DAC
SPWH
SPWH
Cash + ST InvestmentsLiquidity on hand
$654.1M
$2.2M
Total DebtLower is stronger
$44.0M
Stockholders' EquityBook value
$3.6B
$209.5M
Total Assets
$4.5B
$913.9M
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAC
DAC
SPWH
SPWH
Q4 25
$2.2M
Q3 25
$1.8M
Q2 25
$654.1M
$3.6M
Q1 25
$2.8M
Q4 24
$2.7M
Q3 24
$2.6M
Q2 24
$471.7M
$2.2M
Q1 24
$3.1M
Total Debt
DAC
DAC
SPWH
SPWH
Q4 25
$44.0M
Q3 25
$43.9M
Q2 25
$24.1M
Q1 25
$24.1M
Q4 24
$24.0M
Q3 24
$24.0M
Q2 24
Q1 24
Stockholders' Equity
DAC
DAC
SPWH
SPWH
Q4 25
$209.5M
Q3 25
$208.9M
Q2 25
$3.6B
$215.1M
Q1 25
$235.7M
Q4 24
$243.6M
Q3 24
$243.0M
Q2 24
$3.3B
$247.5M
Q1 24
$264.6M
Total Assets
DAC
DAC
SPWH
SPWH
Q4 25
$913.9M
Q3 25
$948.9M
Q2 25
$4.5B
$929.7M
Q1 25
$852.1M
Q4 24
$967.7M
Q3 24
$901.9M
Q2 24
$4.0B
$930.4M
Q1 24
$886.2M
Debt / Equity
DAC
DAC
SPWH
SPWH
Q4 25
0.21×
Q3 25
0.21×
Q2 25
0.11×
Q1 25
0.10×
Q4 24
0.10×
Q3 24
0.10×
Q2 24
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
SPWH
SPWH
Operating Cash FlowLast quarter
$16.3M
Free Cash FlowOCF − Capex
$8.7M
FCF MarginFCF / Revenue
2.6%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
2038.00×
TTM Free Cash FlowTrailing 4 quarters
$-39.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAC
DAC
SPWH
SPWH
Q4 25
$16.3M
Q3 25
$-26.6M
Q2 25
$-60.2M
Q1 25
$52.8M
Q4 24
$-2.5M
Q3 24
$18.5M
Q2 24
$-34.6M
Q1 24
$68.9M
Free Cash Flow
DAC
DAC
SPWH
SPWH
Q4 25
$8.7M
Q3 25
$-33.9M
Q2 25
$-64.0M
Q1 25
$49.6M
Q4 24
$-6.2M
Q3 24
$14.1M
Q2 24
$-38.0M
Q1 24
$60.2M
FCF Margin
DAC
DAC
SPWH
SPWH
Q4 25
2.6%
Q3 25
-11.5%
Q2 25
-25.7%
Q1 25
14.6%
Q4 24
-1.9%
Q3 24
4.9%
Q2 24
-15.5%
Q1 24
16.2%
Capex Intensity
DAC
DAC
SPWH
SPWH
Q4 25
2.3%
Q3 25
2.5%
Q2 25
1.5%
Q1 25
1.0%
Q4 24
1.1%
Q3 24
1.5%
Q2 24
1.4%
Q1 24
2.4%
Cash Conversion
DAC
DAC
SPWH
SPWH
Q4 25
2038.00×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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