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Side-by-side financial comparison of DANA Inc (DAN) and M&T Bank (MTB). Click either name above to swap in a different company.

M&T Bank is the larger business by last-quarter revenue ($2.5B vs $1.3B, roughly 1.9× DANA Inc). M&T Bank runs the higher net margin — 30.7% vs -3.9%, a 34.5% gap on every dollar of revenue. On growth, M&T Bank posted the faster year-over-year revenue change (3.8% vs -44.5%). Over the past eight quarters, M&T Bank's revenue compounded faster (4.6% CAGR vs -31.2%).

Dana Incorporated is an American supplier of axles, driveshafts, and electrodynamic, thermal, sealing, and digital equipment for conventional, hybrid, and electric-powered vehicles. The company's products and services are aimed at the light vehicle and commercial vehicle equipment markets. Founded in 1904 and based in Maumee, Ohio, the company employs nearly 28,000 people in 33 countries. In 2022, Dana generated sales of $10.2 billion. The company is included in the Fortune 500.

M&T Bank Corporation is an American bank holding company headquartered in Buffalo, New York. It operates 950+ branches in 12 states and Washington D.C. across the Eastern United States, from Maine to Virginia. Until May 1998, the bank's holding company was named First Empire State Corporation.

DAN vs MTB — Head-to-Head

Bigger by revenue
MTB
MTB
1.9× larger
MTB
$2.5B
$1.3B
DAN
Growing faster (revenue YoY)
MTB
MTB
+48.3% gap
MTB
3.8%
-44.5%
DAN
Higher net margin
MTB
MTB
34.5% more per $
MTB
30.7%
-3.9%
DAN
Faster 2-yr revenue CAGR
MTB
MTB
Annualised
MTB
4.6%
-31.2%
DAN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DAN
DAN
MTB
MTB
Revenue
$1.3B
$2.5B
Net Profit
$-50.0M
$759.0M
Gross Margin
6.0%
Operating Margin
-0.2%
39.2%
Net Margin
-3.9%
30.7%
Revenue YoY
-44.5%
3.8%
Net Profit YoY
37.5%
11.5%
EPS (diluted)
$-0.36
$4.62

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
DAN
DAN
MTB
MTB
Q4 25
$1.3B
$2.5B
Q3 25
$1.9B
$2.5B
Q2 25
$1.9B
$2.4B
Q1 25
$2.4B
$2.3B
Q4 24
$2.3B
$2.4B
Q3 24
$2.5B
$2.3B
Q2 24
$2.7B
$2.3B
Q1 24
$2.7B
$2.3B
Net Profit
DAN
DAN
MTB
MTB
Q4 25
$-50.0M
$759.0M
Q3 25
$83.0M
$792.0M
Q2 25
$27.0M
$716.0M
Q1 25
$25.0M
$584.0M
Q4 24
$-80.0M
$681.0M
Q3 24
$4.0M
$721.0M
Q2 24
$16.0M
$655.0M
Q1 24
$3.0M
$531.0M
Gross Margin
DAN
DAN
MTB
MTB
Q4 25
6.0%
Q3 25
8.7%
Q2 25
7.1%
Q1 25
9.4%
Q4 24
5.7%
Q3 24
9.9%
Q2 24
9.3%
Q1 24
8.9%
Operating Margin
DAN
DAN
MTB
MTB
Q4 25
-0.2%
39.2%
Q3 25
2.8%
40.8%
Q2 25
0.8%
39.0%
Q1 25
3.1%
33.0%
Q4 24
-1.5%
37.0%
Q3 24
3.6%
39.0%
Q2 24
3.8%
37.1%
Q1 24
2.6%
29.4%
Net Margin
DAN
DAN
MTB
MTB
Q4 25
-3.9%
30.7%
Q3 25
4.3%
31.5%
Q2 25
1.4%
29.9%
Q1 25
1.1%
25.3%
Q4 24
-3.4%
28.6%
Q3 24
0.2%
30.9%
Q2 24
0.6%
28.5%
Q1 24
0.1%
23.5%
EPS (diluted)
DAN
DAN
MTB
MTB
Q4 25
$-0.36
$4.62
Q3 25
$0.64
$4.82
Q2 25
$0.19
$4.24
Q1 25
$0.17
$3.32
Q4 24
$-0.55
$3.87
Q3 24
$0.03
$4.02
Q2 24
$0.11
$3.73
Q1 24
$0.02
$3.02

Balance Sheet & Financial Strength

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

Metric
DAN
DAN
MTB
MTB
Cash + ST InvestmentsLiquidity on hand
$469.0M
Total DebtLower is stronger
$2.6B
$10.9B
Stockholders' EquityBook value
$840.0M
$29.2B
Total Assets
$7.8B
$213.5B
Debt / EquityLower = less leverage
3.05×
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAN
DAN
MTB
MTB
Q4 25
$469.0M
Q3 25
$414.0M
Q2 25
$486.0M
Q1 25
$507.0M
Q4 24
$494.0M
Q3 24
$419.0M
Q2 24
$419.0M
Q1 24
$351.0M
Total Debt
DAN
DAN
MTB
MTB
Q4 25
$2.6B
$10.9B
Q3 25
$2.6B
$12.9B
Q2 25
$2.6B
$12.4B
Q1 25
$2.4B
$10.5B
Q4 24
$2.4B
$12.6B
Q3 24
$2.4B
$11.6B
Q2 24
$2.4B
$11.3B
Q1 24
$2.6B
$11.4B
Stockholders' Equity
DAN
DAN
MTB
MTB
Q4 25
$840.0M
$29.2B
Q3 25
$1.1B
$28.7B
Q2 25
$1.2B
$28.5B
Q1 25
$1.4B
$29.0B
Q4 24
$1.3B
$29.0B
Q3 24
$1.5B
$28.9B
Q2 24
$1.5B
$28.4B
Q1 24
$1.5B
$27.2B
Total Assets
DAN
DAN
MTB
MTB
Q4 25
$7.8B
$213.5B
Q3 25
$8.1B
$211.3B
Q2 25
$8.1B
$211.6B
Q1 25
$7.8B
$210.3B
Q4 24
$7.5B
$208.1B
Q3 24
$7.9B
$211.8B
Q2 24
$7.8B
$208.9B
Q1 24
$7.9B
$215.1B
Debt / Equity
DAN
DAN
MTB
MTB
Q4 25
3.05×
0.37×
Q3 25
2.35×
0.45×
Q2 25
2.13×
0.43×
Q1 25
1.76×
0.36×
Q4 24
1.79×
0.43×
Q3 24
1.65×
0.40×
Q2 24
1.62×
0.40×
Q1 24
1.68×
0.42×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DAN
DAN
MTB
MTB
Operating Cash FlowLast quarter
$406.0M
$3.0B
Free Cash FlowOCF − Capex
$345.0M
FCF MarginFCF / Revenue
26.6%
Capex IntensityCapex / Revenue
4.7%
Cash ConversionOCF / Net Profit
3.96×
TTM Free Cash FlowTrailing 4 quarters
$298.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAN
DAN
MTB
MTB
Q4 25
$406.0M
$3.0B
Q3 25
$111.0M
$1.0B
Q2 25
$32.0M
$844.0M
Q1 25
$-37.0M
$635.0M
Q4 24
$302.0M
$3.6B
Q3 24
$35.0M
$-28.0M
Q2 24
$215.0M
$1.4B
Q1 24
$-102.0M
$608.0M
Free Cash Flow
DAN
DAN
MTB
MTB
Q4 25
$345.0M
Q3 25
$62.0M
Q2 25
$3.0M
Q1 25
$-112.0M
Q4 24
$149.0M
Q3 24
$-11.0M
Q2 24
$104.0M
Q1 24
$-172.0M
FCF Margin
DAN
DAN
MTB
MTB
Q4 25
26.6%
Q3 25
3.2%
Q2 25
0.2%
Q1 25
-4.8%
Q4 24
6.4%
Q3 24
-0.4%
Q2 24
3.8%
Q1 24
-6.3%
Capex Intensity
DAN
DAN
MTB
MTB
Q4 25
4.7%
Q3 25
2.6%
Q2 25
1.5%
Q1 25
3.2%
Q4 24
6.6%
Q3 24
1.9%
Q2 24
4.1%
Q1 24
2.6%
Cash Conversion
DAN
DAN
MTB
MTB
Q4 25
3.96×
Q3 25
1.34×
1.26×
Q2 25
1.19×
1.18×
Q1 25
-1.48×
1.09×
Q4 24
5.30×
Q3 24
8.75×
-0.04×
Q2 24
13.44×
2.07×
Q1 24
-34.00×
1.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DAN
DAN

Light Vehicle Segment$912.0M70%
Commercial Vehicle Segment$218.0M17%
Other$166.0M13%

MTB
MTB

Segment breakdown not available.

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