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

Danaos Corp is the larger business by last-quarter revenue ($262.2M vs $191.4M, roughly 1.4× WAFD INC). Danaos Corp runs the higher net margin — 49.9% vs 33.5%, a 16.4% gap on every dollar of revenue. On growth, WAFD INC posted the faster year-over-year revenue change (11.8% 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.

Washington Federal Bank is a bank based in Seattle, Washington. It operates 210 branches in Washington, Oregon, Idaho, Nevada, Utah, Arizona, New Mexico, California, and Texas. It is on the list of largest banks in the United States.

DAC vs WAFD — Head-to-Head

Bigger by revenue
DAC
DAC
1.4× larger
DAC
$262.2M
$191.4M
WAFD
Growing faster (revenue YoY)
WAFD
WAFD
+5.4% gap
WAFD
11.8%
6.4%
DAC
Higher net margin
DAC
DAC
16.4% more per $
DAC
49.9%
33.5%
WAFD

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
DAC
DAC
WAFD
WAFD
Revenue
$262.2M
$191.4M
Net Profit
$130.9M
$64.2M
Gross Margin
Operating Margin
47.9%
43.0%
Net Margin
49.9%
33.5%
Revenue YoY
6.4%
11.8%
Net Profit YoY
-7.3%
35.8%
EPS (diluted)
$7.12
$0.79

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
WAFD
WAFD
Q4 25
$191.4M
Q3 25
$188.3M
Q2 25
$262.2M
$186.3M
Q1 25
$179.8M
Q4 24
$171.1M
Q3 24
$188.7M
Q2 24
$246.3M
$194.4M
Q1 24
$172.0M
Net Profit
DAC
DAC
WAFD
WAFD
Q4 25
$64.2M
Q3 25
$60.6M
Q2 25
$130.9M
$62.0M
Q1 25
$56.3M
Q4 24
$47.3M
Q3 24
$61.1M
Q2 24
$141.2M
$64.6M
Q1 24
$15.9M
Operating Margin
DAC
DAC
WAFD
WAFD
Q4 25
43.0%
Q3 25
41.2%
Q2 25
47.9%
42.8%
Q1 25
40.1%
Q4 24
35.2%
Q3 24
42.8%
Q2 24
56.8%
42.6%
Q1 24
12.2%
Net Margin
DAC
DAC
WAFD
WAFD
Q4 25
33.5%
Q3 25
32.2%
Q2 25
49.9%
33.3%
Q1 25
31.3%
Q4 24
27.6%
Q3 24
32.4%
Q2 24
57.3%
33.2%
Q1 24
9.2%
EPS (diluted)
DAC
DAC
WAFD
WAFD
Q4 25
$0.79
Q3 25
$0.71
Q2 25
$7.12
$0.73
Q1 25
$0.65
Q4 24
$0.54
Q3 24
$0.73
Q2 24
$7.23
$0.75
Q1 24
$0.17

Balance Sheet & Financial Strength

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

Metric
DAC
DAC
WAFD
WAFD
Cash + ST InvestmentsLiquidity on hand
$654.1M
$734.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$3.0B
Total Assets
$4.5B
$27.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAC
DAC
WAFD
WAFD
Q4 25
$734.9M
Q3 25
$657.3M
Q2 25
$654.1M
$809.3M
Q1 25
$1.2B
Q4 24
$1.5B
Q3 24
$2.4B
Q2 24
$471.7M
$2.5B
Q1 24
$1.5B
Stockholders' Equity
DAC
DAC
WAFD
WAFD
Q4 25
$3.0B
Q3 25
$3.0B
Q2 25
$3.6B
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$3.0B
Q2 24
$3.3B
$3.0B
Q1 24
$2.9B
Total Assets
DAC
DAC
WAFD
WAFD
Q4 25
$27.3B
Q3 25
$26.7B
Q2 25
$4.5B
$26.7B
Q1 25
$27.6B
Q4 24
$27.7B
Q3 24
$28.1B
Q2 24
$4.0B
$28.6B
Q1 24
$30.1B

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
WAFD
WAFD
Operating Cash FlowLast quarter
$60.5M
Free Cash FlowOCF − Capex
$50.0M
FCF MarginFCF / Revenue
26.1%
Capex IntensityCapex / Revenue
5.5%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$377.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAC
DAC
WAFD
WAFD
Q4 25
$60.5M
Q3 25
$237.0M
Q2 25
$58.0M
Q1 25
$72.1M
Q4 24
$49.4M
Q3 24
$439.2M
Q2 24
$63.1M
Q1 24
$169.2M
Free Cash Flow
DAC
DAC
WAFD
WAFD
Q4 25
$50.0M
Q3 25
$208.2M
Q2 25
$53.1M
Q1 25
$66.6M
Q4 24
$43.0M
Q3 24
$414.6M
Q2 24
$58.3M
Q1 24
$164.8M
FCF Margin
DAC
DAC
WAFD
WAFD
Q4 25
26.1%
Q3 25
110.6%
Q2 25
28.5%
Q1 25
37.0%
Q4 24
25.1%
Q3 24
219.7%
Q2 24
30.0%
Q1 24
95.8%
Capex Intensity
DAC
DAC
WAFD
WAFD
Q4 25
5.5%
Q3 25
15.2%
Q2 25
2.6%
Q1 25
3.1%
Q4 24
3.8%
Q3 24
13.1%
Q2 24
2.5%
Q1 24
2.6%
Cash Conversion
DAC
DAC
WAFD
WAFD
Q4 25
0.94×
Q3 25
3.91×
Q2 25
0.94×
Q1 25
1.28×
Q4 24
1.05×
Q3 24
7.18×
Q2 24
0.98×
Q1 24
10.65×

Financial Flow Comparison

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

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