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Side-by-side financial comparison of DHT Holdings, Inc. (DHT) and FLEXSTEEL INDUSTRIES INC (FLXS). Click either name above to swap in a different company.

FLEXSTEEL INDUSTRIES INC is the larger business by last-quarter revenue ($115.1M vs $107.3M, roughly 1.1× DHT Holdings, Inc.). DHT Holdings, Inc. runs the higher net margin — 41.7% vs 17.7%, a 24.0% gap on every dollar of revenue. On growth, FLEXSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (1.0% vs -24.5%).

DHT Holdings, Inc. is an independent international crude oil tanker operator that owns and manages a fleet of very large crude carriers. It offers marine transportation services for crude oil across major global trade routes, serving clients including leading oil producers, refineries, and commodity trading enterprises worldwide.

Flexsteel Industries Inc is a leading U.S.-headquartered furniture manufacturer that designs, produces and distributes a wide portfolio of upholstered residential, commercial, and hospitality furniture. It primarily operates across North American markets, serving end consumers, retail partners and corporate clients through its extensive distribution network.

DHT vs FLXS — Head-to-Head

Bigger by revenue
FLXS
FLXS
1.1× larger
FLXS
$115.1M
$107.3M
DHT
Growing faster (revenue YoY)
FLXS
FLXS
+25.5% gap
FLXS
1.0%
-24.5%
DHT
Higher net margin
DHT
DHT
24.0% more per $
DHT
41.7%
17.7%
FLXS

Income Statement — Q3 FY2025 vs Q1 FY2027

Metric
DHT
DHT
FLXS
FLXS
Revenue
$107.3M
$115.1M
Net Profit
$44.8M
$20.4M
Gross Margin
22.6%
Operating Margin
44.2%
Net Margin
41.7%
17.7%
Revenue YoY
-24.5%
1.0%
Net Profit YoY
27.3%
116.0%
EPS (diluted)
$0.28
$1.14

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
DHT
DHT
FLXS
FLXS
Q3 26
$115.1M
Q4 25
$118.2M
Q3 25
$107.3M
$110.4M
Q2 25
$114.6M
Q1 25
$114.0M
Q4 24
$108.5M
Q3 24
$142.1M
$104.0M
Q2 24
$110.8M
Net Profit
DHT
DHT
FLXS
FLXS
Q3 26
$20.4M
Q4 25
$6.6M
Q3 25
$44.8M
$7.3M
Q2 25
$10.7M
Q1 25
$-3.7M
Q4 24
$9.1M
Q3 24
$35.2M
$4.1M
Q2 24
$4.9M
Gross Margin
DHT
DHT
FLXS
FLXS
Q3 26
22.6%
Q4 25
22.7%
Q3 25
23.5%
Q2 25
23.9%
Q1 25
22.2%
Q4 24
21.0%
Q3 24
21.5%
Q2 24
21.3%
Operating Margin
DHT
DHT
FLXS
FLXS
Q3 26
Q4 25
7.6%
Q3 25
44.2%
8.1%
Q2 25
12.2%
Q1 25
-4.4%
Q4 24
10.7%
Q3 24
29.7%
5.8%
Q2 24
6.9%
Net Margin
DHT
DHT
FLXS
FLXS
Q3 26
17.7%
Q4 25
5.6%
Q3 25
41.7%
6.6%
Q2 25
9.3%
Q1 25
-3.3%
Q4 24
8.3%
Q3 24
24.8%
4.0%
Q2 24
4.4%
EPS (diluted)
DHT
DHT
FLXS
FLXS
Q3 26
$1.14
Q4 25
$1.18
Q3 25
$0.28
$1.31
Q2 25
$1.90
Q1 25
$-0.71
Q4 24
$1.62
Q3 24
$0.22
$0.74
Q2 24
$0.87

Balance Sheet & Financial Strength

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

Metric
DHT
DHT
FLXS
FLXS
Cash + ST InvestmentsLiquidity on hand
$81.3M
$57.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$185.3M
Total Assets
$1.4B
$290.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHT
DHT
FLXS
FLXS
Q3 26
$57.3M
Q4 25
$36.8M
Q3 25
$81.3M
$38.6M
Q2 25
$40.0M
Q1 25
$22.6M
Q4 24
$11.8M
Q3 24
$73.8M
$5.7M
Q2 24
$4.8M
Stockholders' Equity
DHT
DHT
FLXS
FLXS
Q3 26
$185.3M
Q4 25
$178.9M
Q3 25
$1.1B
$172.2M
Q2 25
$167.9M
Q1 25
$158.1M
Q4 24
$161.9M
Q3 24
$1.0B
$154.7M
Q2 24
$150.4M
Total Assets
DHT
DHT
FLXS
FLXS
Q3 26
$290.2M
Q4 25
$290.2M
Q3 25
$1.4B
$281.5M
Q2 25
$282.5M
Q1 25
$266.1M
Q4 24
$271.5M
Q3 24
$1.5B
$268.7M
Q2 24
$274.5M

Cash Flow & Capital Efficiency

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

Metric
DHT
DHT
FLXS
FLXS
Operating Cash FlowLast quarter
$60.9M
$27.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.36×
1.33×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHT
DHT
FLXS
FLXS
Q3 26
$27.2M
Q4 25
$1.0M
Q3 25
$60.9M
$4.1M
Q2 25
$15.6M
Q1 25
$12.3M
Q4 24
$6.7M
Q3 24
$80.1M
$2.4M
Q2 24
$7.5M
Free Cash Flow
DHT
DHT
FLXS
FLXS
Q3 26
Q4 25
$-735.0K
Q3 25
$2.8M
Q2 25
$15.1M
Q1 25
$10.9M
Q4 24
$5.8M
Q3 24
$2.0M
Q2 24
$7.1M
FCF Margin
DHT
DHT
FLXS
FLXS
Q3 26
Q4 25
-0.6%
Q3 25
2.5%
Q2 25
13.1%
Q1 25
9.6%
Q4 24
5.3%
Q3 24
1.9%
Q2 24
6.4%
Capex Intensity
DHT
DHT
FLXS
FLXS
Q3 26
Q4 25
1.5%
Q3 25
1.2%
Q2 25
0.5%
Q1 25
1.2%
Q4 24
0.8%
Q3 24
0.4%
Q2 24
0.4%
Cash Conversion
DHT
DHT
FLXS
FLXS
Q3 26
1.33×
Q4 25
0.15×
Q3 25
1.36×
0.56×
Q2 25
1.46×
Q1 25
Q4 24
0.74×
Q3 24
2.28×
0.58×
Q2 24
1.53×

Financial Flow Comparison

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

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