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Side-by-side financial comparison of DANA Inc (DAN) and WESTERN ALLIANCE BANCORPORATION (WAL). 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× WESTERN ALLIANCE BANCORPORATION). WESTERN ALLIANCE BANCORPORATION runs the higher net margin — 18.6% vs -3.9%, a 22.4% gap on every dollar of revenue. On growth, WESTERN ALLIANCE BANCORPORATION posted the faster year-over-year revenue change (31.0% vs -44.5%). Over the past eight quarters, WESTERN ALLIANCE BANCORPORATION's revenue compounded faster (14.9% 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.

Western Alliance Bancorporation is a regional bank holding company headquartered in Phoenix. It is on the list of largest banks in the United States and is ranked 97th on the Forbes list of America's Best Banks.

DAN vs WAL — Head-to-Head

Bigger by revenue
DAN
DAN
1.3× larger
DAN
$1.3B
$1.0B
WAL
Growing faster (revenue YoY)
WAL
WAL
+75.5% gap
WAL
31.0%
-44.5%
DAN
Higher net margin
WAL
WAL
22.4% more per $
WAL
18.6%
-3.9%
DAN
Faster 2-yr revenue CAGR
WAL
WAL
Annualised
WAL
14.9%
-31.2%
DAN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DAN
DAN
WAL
WAL
Revenue
$1.3B
$1.0B
Net Profit
$-50.0M
$189.2M
Gross Margin
6.0%
Operating Margin
-0.2%
Net Margin
-3.9%
18.6%
Revenue YoY
-44.5%
31.0%
Net Profit YoY
37.5%
-5.0%
EPS (diluted)
$-0.36
$1.65

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
WAL
WAL
Q1 26
$1.0B
Q4 25
$1.3B
$980.9M
Q3 25
$1.9B
$938.2M
Q2 25
$1.9B
$845.9M
Q1 25
$2.4B
$778.0M
Q4 24
$2.3B
$838.4M
Q3 24
$2.5B
$823.1M
Q2 24
$2.7B
$771.8M
Net Profit
DAN
DAN
WAL
WAL
Q1 26
$189.2M
Q4 25
$-50.0M
$286.1M
Q3 25
$83.0M
$253.4M
Q2 25
$27.0M
$230.4M
Q1 25
$25.0M
$199.1M
Q4 24
$-80.0M
$216.9M
Q3 24
$4.0M
$199.8M
Q2 24
$16.0M
$193.6M
Gross Margin
DAN
DAN
WAL
WAL
Q1 26
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%
Operating Margin
DAN
DAN
WAL
WAL
Q1 26
Q4 25
-0.2%
36.3%
Q3 25
2.8%
33.4%
Q2 25
0.8%
34.4%
Q1 25
3.1%
31.7%
Q4 24
-1.5%
30.9%
Q3 24
3.6%
30.6%
Q2 24
3.8%
32.1%
Net Margin
DAN
DAN
WAL
WAL
Q1 26
18.6%
Q4 25
-3.9%
29.2%
Q3 25
4.3%
27.0%
Q2 25
1.4%
27.2%
Q1 25
1.1%
25.6%
Q4 24
-3.4%
25.9%
Q3 24
0.2%
24.3%
Q2 24
0.6%
25.1%
EPS (diluted)
DAN
DAN
WAL
WAL
Q1 26
$1.65
Q4 25
$-0.36
$2.59
Q3 25
$0.64
$2.28
Q2 25
$0.19
$2.07
Q1 25
$0.17
$1.79
Q4 24
$-0.55
$1.94
Q3 24
$0.03
$1.80
Q2 24
$0.11
$1.75

Balance Sheet & Financial Strength

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

Metric
DAN
DAN
WAL
WAL
Cash + ST InvestmentsLiquidity on hand
$469.0M
Total DebtLower is stronger
$2.6B
$4.3B
Stockholders' EquityBook value
$840.0M
$7.9B
Total Assets
$7.8B
$98.9B
Debt / EquityLower = less leverage
3.05×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAN
DAN
WAL
WAL
Q1 26
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
Total Debt
DAN
DAN
WAL
WAL
Q1 26
$4.3B
Q4 25
$2.6B
$1.4B
Q3 25
$2.6B
$2.9B
Q2 25
$2.6B
$2.9B
Q1 25
$2.4B
$1.6B
Q4 24
$2.4B
$2.4B
Q3 24
$2.4B
$1.4B
Q2 24
$2.4B
$436.0M
Stockholders' Equity
DAN
DAN
WAL
WAL
Q1 26
$7.9B
Q4 25
$840.0M
$7.7B
Q3 25
$1.1B
$7.4B
Q2 25
$1.2B
$7.1B
Q1 25
$1.4B
$6.9B
Q4 24
$1.3B
$6.7B
Q3 24
$1.5B
$6.7B
Q2 24
$1.5B
$6.3B
Total Assets
DAN
DAN
WAL
WAL
Q1 26
$98.9B
Q4 25
$7.8B
$92.8B
Q3 25
$8.1B
$91.0B
Q2 25
$8.1B
$86.7B
Q1 25
$7.8B
$83.0B
Q4 24
$7.5B
$80.9B
Q3 24
$7.9B
$80.1B
Q2 24
$7.8B
$80.6B
Debt / Equity
DAN
DAN
WAL
WAL
Q1 26
0.54×
Q4 25
3.05×
0.18×
Q3 25
2.35×
0.39×
Q2 25
2.13×
0.41×
Q1 25
1.76×
0.23×
Q4 24
1.79×
0.36×
Q3 24
1.65×
0.21×
Q2 24
1.62×
0.07×

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAN
DAN
WAL
WAL
Q1 26
Q4 25
$406.0M
$-2.7B
Q3 25
$111.0M
$-597.4M
Q2 25
$32.0M
$-357.7M
Q1 25
$-37.0M
$-1.7B
Q4 24
$302.0M
$-2.7B
Q3 24
$35.0M
$-1.1B
Q2 24
$215.0M
$-745.8M
Free Cash Flow
DAN
DAN
WAL
WAL
Q1 26
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
FCF Margin
DAN
DAN
WAL
WAL
Q1 26
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%
Capex Intensity
DAN
DAN
WAL
WAL
Q1 26
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%
Cash Conversion
DAN
DAN
WAL
WAL
Q1 26
Q4 25
-9.36×
Q3 25
1.34×
-2.36×
Q2 25
1.19×
-1.55×
Q1 25
-1.48×
-8.31×
Q4 24
-12.64×
Q3 24
8.75×
-5.35×
Q2 24
13.44×
-3.85×

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%

WAL
WAL

Segment breakdown not available.

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