vs

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

IMAX CORP is the larger business by last-quarter revenue ($125.2M vs $107.3M, roughly 1.2× DHT Holdings, Inc.). DHT Holdings, Inc. runs the higher net margin — 41.7% vs 0.5%, a 41.2% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% 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.

IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.

DHT vs IMAX — Head-to-Head

Bigger by revenue
IMAX
IMAX
1.2× larger
IMAX
$125.2M
$107.3M
DHT
Growing faster (revenue YoY)
IMAX
IMAX
+59.6% gap
IMAX
35.1%
-24.5%
DHT
Higher net margin
DHT
DHT
41.2% more per $
DHT
41.7%
0.5%
IMAX

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
DHT
DHT
IMAX
IMAX
Revenue
$107.3M
$125.2M
Net Profit
$44.8M
$637.0K
Gross Margin
57.6%
Operating Margin
44.2%
19.3%
Net Margin
41.7%
0.5%
Revenue YoY
-24.5%
35.1%
Net Profit YoY
27.3%
-88.0%
EPS (diluted)
$0.28
$0.02

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
IMAX
IMAX
Q4 25
$125.2M
Q3 25
$107.3M
$106.7M
Q2 25
$91.7M
Q1 25
$86.7M
Q4 24
$92.7M
Q3 24
$142.1M
$91.5M
Q2 24
$89.0M
Q1 24
$79.1M
Net Profit
DHT
DHT
IMAX
IMAX
Q4 25
$637.0K
Q3 25
$44.8M
$20.7M
Q2 25
$11.3M
Q1 25
$2.3M
Q4 24
$5.3M
Q3 24
$35.2M
$13.9M
Q2 24
$3.6M
Q1 24
$3.3M
Gross Margin
DHT
DHT
IMAX
IMAX
Q4 25
57.6%
Q3 25
63.1%
Q2 25
58.5%
Q1 25
61.4%
Q4 24
52.2%
Q3 24
55.8%
Q2 24
49.4%
Q1 24
59.3%
Operating Margin
DHT
DHT
IMAX
IMAX
Q4 25
19.3%
Q3 25
44.2%
27.2%
Q2 25
15.6%
Q1 25
19.3%
Q4 24
10.3%
Q3 24
29.7%
21.2%
Q2 24
3.2%
Q1 24
15.3%
Net Margin
DHT
DHT
IMAX
IMAX
Q4 25
0.5%
Q3 25
41.7%
19.4%
Q2 25
12.3%
Q1 25
2.7%
Q4 24
5.7%
Q3 24
24.8%
15.2%
Q2 24
4.0%
Q1 24
4.1%
EPS (diluted)
DHT
DHT
IMAX
IMAX
Q4 25
$0.02
Q3 25
$0.28
$0.37
Q2 25
$0.20
Q1 25
$0.04
Q4 24
$0.09
Q3 24
$0.22
$0.26
Q2 24
$0.07
Q1 24
$0.06

Balance Sheet & Financial Strength

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

Metric
DHT
DHT
IMAX
IMAX
Cash + ST InvestmentsLiquidity on hand
$81.3M
$151.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$337.9M
Total Assets
$1.4B
$894.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHT
DHT
IMAX
IMAX
Q4 25
$151.2M
Q3 25
$81.3M
$143.1M
Q2 25
$109.3M
Q1 25
$97.1M
Q4 24
$100.6M
Q3 24
$73.8M
$104.5M
Q2 24
$91.6M
Q1 24
$81.0M
Stockholders' Equity
DHT
DHT
IMAX
IMAX
Q4 25
$337.9M
Q3 25
$1.1B
$349.5M
Q2 25
$320.4M
Q1 25
$299.5M
Q4 24
$299.5M
Q3 24
$1.0B
$289.4M
Q2 24
$267.2M
Q1 24
$258.8M
Total Assets
DHT
DHT
IMAX
IMAX
Q4 25
$894.0M
Q3 25
$1.4B
$889.6M
Q2 25
$868.6M
Q1 25
$848.3M
Q4 24
$830.4M
Q3 24
$1.5B
$847.6M
Q2 24
$827.4M
Q1 24
$824.1M

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
IMAX
IMAX
Operating Cash FlowLast quarter
$60.9M
$29.4M
Free Cash FlowOCF − Capex
$28.0M
FCF MarginFCF / Revenue
22.3%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
1.36×
46.11×
TTM Free Cash FlowTrailing 4 quarters
$118.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHT
DHT
IMAX
IMAX
Q4 25
$29.4M
Q3 25
$60.9M
$67.5M
Q2 25
$23.2M
Q1 25
$7.0M
Q4 24
$11.5M
Q3 24
$80.1M
$35.3M
Q2 24
$35.0M
Q1 24
$-11.0M
Free Cash Flow
DHT
DHT
IMAX
IMAX
Q4 25
$28.0M
Q3 25
$64.8M
Q2 25
$20.9M
Q1 25
$5.3M
Q4 24
$6.9M
Q3 24
$34.2M
Q2 24
$33.5M
Q1 24
$-12.1M
FCF Margin
DHT
DHT
IMAX
IMAX
Q4 25
22.3%
Q3 25
60.7%
Q2 25
22.8%
Q1 25
6.1%
Q4 24
7.4%
Q3 24
37.3%
Q2 24
37.6%
Q1 24
-15.3%
Capex Intensity
DHT
DHT
IMAX
IMAX
Q4 25
1.1%
Q3 25
2.6%
Q2 25
2.6%
Q1 25
1.9%
Q4 24
5.0%
Q3 24
1.2%
Q2 24
1.8%
Q1 24
1.4%
Cash Conversion
DHT
DHT
IMAX
IMAX
Q4 25
46.11×
Q3 25
1.36×
3.27×
Q2 25
2.06×
Q1 25
2.99×
Q4 24
2.16×
Q3 24
2.28×
2.54×
Q2 24
9.78×
Q1 24
-3.35×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DHT
DHT

Segment breakdown not available.

IMAX
IMAX

Technology Sales$46.6M37%
Image Enhancement And Maintenance Services$38.1M30%
Joint Revenue Sharing Arrangement$20.4M16%
Maintenance$16.3M13%
Finance Income$2.8M2%
Other Content Solutions$1.6M1%

Related Comparisons