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Side-by-side financial comparison of Danaos Corp (DAC) and TransMedics Group, Inc. (TMDX). Click either name above to swap in a different company.

Danaos Corp is the larger business by last-quarter revenue ($262.2M vs $160.8M, roughly 1.6× TransMedics Group, Inc.). TransMedics Group, Inc. runs the higher net margin — 65.6% vs 49.9%, a 15.6% gap on every dollar of revenue. On growth, TransMedics Group, Inc. posted the faster year-over-year revenue change (32.2% 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.

TransMedics Group, Inc. develops and commercializes innovative medical technologies for organ transplantation. Its flagship Organ Care System keeps donor organs viable during transport, improving transplant outcomes for heart, lung, liver and kidney recipients. It serves transplant centers and organ procurement organizations across North America, Europe and Asia-Pacific.

DAC vs TMDX — Head-to-Head

Bigger by revenue
DAC
DAC
1.6× larger
DAC
$262.2M
$160.8M
TMDX
Growing faster (revenue YoY)
TMDX
TMDX
+25.7% gap
TMDX
32.2%
6.4%
DAC
Higher net margin
TMDX
TMDX
15.6% more per $
TMDX
65.6%
49.9%
DAC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
DAC
DAC
TMDX
TMDX
Revenue
$262.2M
$160.8M
Net Profit
$130.9M
$105.4M
Gross Margin
58.1%
Operating Margin
47.9%
13.2%
Net Margin
49.9%
65.6%
Revenue YoY
6.4%
32.2%
Net Profit YoY
-7.3%
1436.9%
EPS (diluted)
$7.12
$2.59

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
TMDX
TMDX
Q4 25
$160.8M
Q3 25
$143.8M
Q2 25
$262.2M
$157.4M
Q1 25
$143.5M
Q4 24
$121.6M
Q3 24
$108.8M
Q2 24
$246.3M
$114.3M
Q1 24
$96.8M
Net Profit
DAC
DAC
TMDX
TMDX
Q4 25
$105.4M
Q3 25
$24.3M
Q2 25
$130.9M
$34.9M
Q1 25
$25.7M
Q4 24
$6.9M
Q3 24
$4.2M
Q2 24
$141.2M
$12.2M
Q1 24
$12.2M
Gross Margin
DAC
DAC
TMDX
TMDX
Q4 25
58.1%
Q3 25
58.8%
Q2 25
61.4%
Q1 25
61.5%
Q4 24
59.2%
Q3 24
55.9%
Q2 24
60.6%
Q1 24
61.9%
Operating Margin
DAC
DAC
TMDX
TMDX
Q4 25
13.2%
Q3 25
16.2%
Q2 25
47.9%
23.2%
Q1 25
19.1%
Q4 24
7.1%
Q3 24
3.6%
Q2 24
56.8%
10.9%
Q1 24
12.8%
Net Margin
DAC
DAC
TMDX
TMDX
Q4 25
65.6%
Q3 25
16.9%
Q2 25
49.9%
22.2%
Q1 25
17.9%
Q4 24
5.6%
Q3 24
3.9%
Q2 24
57.3%
10.7%
Q1 24
12.6%
EPS (diluted)
DAC
DAC
TMDX
TMDX
Q4 25
$2.59
Q3 25
$0.66
Q2 25
$7.12
$0.92
Q1 25
$0.70
Q4 24
$0.19
Q3 24
$0.12
Q2 24
$7.23
$0.35
Q1 24
$0.35

Balance Sheet & Financial Strength

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

Metric
DAC
DAC
TMDX
TMDX
Cash + ST InvestmentsLiquidity on hand
$654.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$473.1M
Total Assets
$4.5B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAC
DAC
TMDX
TMDX
Q4 25
Q3 25
Q2 25
$654.1M
Q1 25
Q4 24
Q3 24
$330.1M
Q2 24
$471.7M
$362.8M
Q1 24
$350.2M
Stockholders' Equity
DAC
DAC
TMDX
TMDX
Q4 25
$473.1M
Q3 25
$355.2M
Q2 25
$3.6B
$318.1M
Q1 25
$266.3M
Q4 24
$228.6M
Q3 24
$209.9M
Q2 24
$3.3B
$189.9M
Q1 24
$159.5M
Total Assets
DAC
DAC
TMDX
TMDX
Q4 25
$1.1B
Q3 25
$946.0M
Q2 25
$4.5B
$890.5M
Q1 25
$837.5M
Q4 24
$804.1M
Q3 24
$785.6M
Q2 24
$4.0B
$758.6M
Q1 24
$723.8M

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
TMDX
TMDX
Operating Cash FlowLast quarter
$34.5M
Free Cash FlowOCF − Capex
$19.0M
FCF MarginFCF / Revenue
11.8%
Capex IntensityCapex / Revenue
9.7%
Cash ConversionOCF / Net Profit
0.33×
TTM Free Cash FlowTrailing 4 quarters
$133.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAC
DAC
TMDX
TMDX
Q4 25
$34.5M
Q3 25
$69.6M
Q2 25
$91.6M
Q1 25
$-2.9M
Q4 24
$19.7M
Q3 24
$6.9M
Q2 24
$25.7M
Q1 24
$-3.4M
Free Cash Flow
DAC
DAC
TMDX
TMDX
Q4 25
$19.0M
Q3 25
$61.9M
Q2 25
$82.5M
Q1 25
$-29.9M
Q4 24
$6.1M
Q3 24
$-41.3M
Q2 24
$2.0M
Q1 24
$-47.6M
FCF Margin
DAC
DAC
TMDX
TMDX
Q4 25
11.8%
Q3 25
43.1%
Q2 25
52.4%
Q1 25
-20.8%
Q4 24
5.0%
Q3 24
-38.0%
Q2 24
1.7%
Q1 24
-49.2%
Capex Intensity
DAC
DAC
TMDX
TMDX
Q4 25
9.7%
Q3 25
5.3%
Q2 25
5.8%
Q1 25
18.8%
Q4 24
11.2%
Q3 24
44.3%
Q2 24
20.8%
Q1 24
45.6%
Cash Conversion
DAC
DAC
TMDX
TMDX
Q4 25
0.33×
Q3 25
2.86×
Q2 25
2.62×
Q1 25
-0.11×
Q4 24
2.87×
Q3 24
1.63×
Q2 24
2.11×
Q1 24
-0.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DAC
DAC

Segment breakdown not available.

TMDX
TMDX

Liver Product$127.0M79%
Heart Product$26.0M16%
Other$5.9M4%
Lung Product$1.9M1%

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