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Side-by-side financial comparison of DANA Inc (DAN) and Vici Properties (VICI). Click either name above to swap in a different company.

DANA Inc is the larger business by last-quarter revenue ($1.3B vs $1.0B, roughly 1.3× Vici Properties). Vici Properties runs the higher net margin — 59.7% vs -3.9%, a 63.6% gap on every dollar of revenue. On growth, Vici Properties posted the faster year-over-year revenue change (3.8% vs -44.5%). Over the past eight quarters, Vici Properties's revenue compounded faster (3.2% 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.

Vici Properties Inc. is an American real estate investment trust (REIT) specializing in casino and entertainment properties, based in New York City. It was formed in 2017 as a spin-off from Caesars Entertainment Corporation as part of its bankruptcy reorganization. It owns 54 casinos, hotels, and racetracks, four golf courses, and 38 bowling alleys around the United States and Canada.

DAN vs VICI — Head-to-Head

Bigger by revenue
DAN
DAN
1.3× larger
DAN
$1.3B
$1.0B
VICI
Growing faster (revenue YoY)
VICI
VICI
+48.3% gap
VICI
3.8%
-44.5%
DAN
Higher net margin
VICI
VICI
63.6% more per $
VICI
59.7%
-3.9%
DAN
Faster 2-yr revenue CAGR
VICI
VICI
Annualised
VICI
3.2%
-31.2%
DAN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DAN
DAN
VICI
VICI
Revenue
$1.3B
$1.0B
Net Profit
$-50.0M
$604.8M
Gross Margin
6.0%
99.3%
Operating Margin
-0.2%
60.2%
Net Margin
-3.9%
59.7%
Revenue YoY
-44.5%
3.8%
Net Profit YoY
37.5%
-1.6%
EPS (diluted)
$-0.36
$0.57

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
VICI
VICI
Q4 25
$1.3B
$1.0B
Q3 25
$1.9B
$1.0B
Q2 25
$1.9B
$1.0B
Q1 25
$2.4B
$984.2M
Q4 24
$2.3B
$976.1M
Q3 24
$2.5B
$964.7M
Q2 24
$2.7B
$957.0M
Q1 24
$2.7B
$951.5M
Net Profit
DAN
DAN
VICI
VICI
Q4 25
$-50.0M
$604.8M
Q3 25
$83.0M
$762.0M
Q2 25
$27.0M
$865.1M
Q1 25
$25.0M
$543.6M
Q4 24
$-80.0M
$614.6M
Q3 24
$4.0M
$732.9M
Q2 24
$16.0M
$741.3M
Q1 24
$3.0M
$590.0M
Gross Margin
DAN
DAN
VICI
VICI
Q4 25
6.0%
99.3%
Q3 25
8.7%
99.3%
Q2 25
7.1%
99.3%
Q1 25
9.4%
99.4%
Q4 24
5.7%
99.3%
Q3 24
9.9%
99.3%
Q2 24
9.3%
99.3%
Q1 24
8.9%
99.3%
Operating Margin
DAN
DAN
VICI
VICI
Q4 25
-0.2%
60.2%
Q3 25
2.8%
77.2%
Q2 25
0.8%
88.3%
Q1 25
3.1%
55.9%
Q4 24
-1.5%
64.2%
Q3 24
3.6%
77.4%
Q2 24
3.8%
79.0%
Q1 24
2.6%
63.2%
Net Margin
DAN
DAN
VICI
VICI
Q4 25
-3.9%
59.7%
Q3 25
4.3%
75.6%
Q2 25
1.4%
86.4%
Q1 25
1.1%
55.2%
Q4 24
-3.4%
63.0%
Q3 24
0.2%
76.0%
Q2 24
0.6%
77.5%
Q1 24
0.1%
62.0%
EPS (diluted)
DAN
DAN
VICI
VICI
Q4 25
$-0.36
$0.57
Q3 25
$0.64
$0.71
Q2 25
$0.19
$0.82
Q1 25
$0.17
$0.51
Q4 24
$-0.55
$0.58
Q3 24
$0.03
$0.70
Q2 24
$0.11
$0.71
Q1 24
$0.02
$0.57

Balance Sheet & Financial Strength

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

Metric
DAN
DAN
VICI
VICI
Cash + ST InvestmentsLiquidity on hand
$469.0M
$608.0M
Total DebtLower is stronger
$2.6B
$16.8B
Stockholders' EquityBook value
$840.0M
$27.8B
Total Assets
$7.8B
$46.7B
Debt / EquityLower = less leverage
3.05×
0.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAN
DAN
VICI
VICI
Q4 25
$469.0M
$608.0M
Q3 25
$414.0M
$507.5M
Q2 25
$486.0M
$233.0M
Q1 25
$507.0M
$334.3M
Q4 24
$494.0M
$524.6M
Q3 24
$419.0M
$355.7M
Q2 24
$419.0M
$347.2M
Q1 24
$351.0M
$514.9M
Total Debt
DAN
DAN
VICI
VICI
Q4 25
$2.6B
$16.8B
Q3 25
$2.6B
$16.8B
Q2 25
$2.6B
$16.9B
Q1 25
$2.4B
$16.8B
Q4 24
$2.4B
$16.7B
Q3 24
$2.4B
$16.7B
Q2 24
$2.4B
$16.7B
Q1 24
$2.6B
$16.7B
Stockholders' Equity
DAN
DAN
VICI
VICI
Q4 25
$840.0M
$27.8B
Q3 25
$1.1B
$27.7B
Q2 25
$1.2B
$27.0B
Q1 25
$1.4B
$26.6B
Q4 24
$1.3B
$26.5B
Q3 24
$1.5B
$26.1B
Q2 24
$1.5B
$25.7B
Q1 24
$1.5B
$25.4B
Total Assets
DAN
DAN
VICI
VICI
Q4 25
$7.8B
$46.7B
Q3 25
$8.1B
$46.5B
Q2 25
$8.1B
$46.1B
Q1 25
$7.8B
$45.5B
Q4 24
$7.5B
$45.4B
Q3 24
$7.9B
$44.9B
Q2 24
$7.8B
$44.5B
Q1 24
$7.9B
$44.2B
Debt / Equity
DAN
DAN
VICI
VICI
Q4 25
3.05×
0.60×
Q3 25
2.35×
0.61×
Q2 25
2.13×
0.63×
Q1 25
1.76×
0.63×
Q4 24
1.79×
0.63×
Q3 24
1.65×
0.64×
Q2 24
1.62×
0.65×
Q1 24
1.68×
0.66×

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
VICI
VICI
Operating Cash FlowLast quarter
$406.0M
$691.9M
Free Cash FlowOCF − Capex
$345.0M
FCF MarginFCF / Revenue
26.6%
Capex IntensityCapex / Revenue
4.7%
Cash ConversionOCF / Net Profit
1.14×
TTM Free Cash FlowTrailing 4 quarters
$298.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAN
DAN
VICI
VICI
Q4 25
$406.0M
$691.9M
Q3 25
$111.0M
$586.3M
Q2 25
$32.0M
$639.9M
Q1 25
$-37.0M
$591.9M
Q4 24
$302.0M
$644.1M
Q3 24
$35.0M
$579.1M
Q2 24
$215.0M
$614.6M
Q1 24
$-102.0M
$543.7M
Free Cash Flow
DAN
DAN
VICI
VICI
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
VICI
VICI
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
VICI
VICI
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
VICI
VICI
Q4 25
1.14×
Q3 25
1.34×
0.77×
Q2 25
1.19×
0.74×
Q1 25
-1.48×
1.09×
Q4 24
1.05×
Q3 24
8.75×
0.79×
Q2 24
13.44×
0.83×
Q1 24
-34.00×
0.92×

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%

VICI
VICI

Fixed Rent$504.3M50%
Other$478.4M47%
Contingent Rent$30.4M3%

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