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

OFG BANCORP is the larger business by last-quarter revenue ($184.3M vs $107.3M, roughly 1.7× DHT Holdings, Inc.). DHT Holdings, Inc. runs the higher net margin — 41.7% vs 30.3%, a 11.4% gap on every dollar of revenue. On growth, OFG BANCORP posted the faster year-over-year revenue change (0.9% 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.

OFG Bancorp, founded in 1964, is the financial holding company for Oriental Bank, located in San Juan, Puerto Rico. OFG offers a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico and the U.S. Virgin Islands through its principal subsidiaries: Oriental Bank, Oriental Financial Services LLC, and Oriental Insurance LLC. Its headquarters are located at Oriental Center, 254 Muñoz Rivera Avenue, San Juan, PR 00918....

DHT vs OFG — Head-to-Head

Bigger by revenue
OFG
OFG
1.7× larger
OFG
$184.3M
$107.3M
DHT
Growing faster (revenue YoY)
OFG
OFG
+25.3% gap
OFG
0.9%
-24.5%
DHT
Higher net margin
DHT
DHT
11.4% more per $
DHT
41.7%
30.3%
OFG

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
DHT
DHT
OFG
OFG
Revenue
$107.3M
$184.3M
Net Profit
$44.8M
$55.9M
Gross Margin
Operating Margin
44.2%
25.7%
Net Margin
41.7%
30.3%
Revenue YoY
-24.5%
0.9%
Net Profit YoY
27.3%
11.0%
EPS (diluted)
$0.28
$1.27

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
OFG
OFG
Q4 25
$184.3M
Q3 25
$107.3M
$186.2M
Q2 25
$182.4M
Q1 25
$178.6M
Q4 24
$182.7M
Q3 24
$142.1M
$174.7M
Q2 24
$179.8M
Q1 24
$174.4M
Net Profit
DHT
DHT
OFG
OFG
Q4 25
$55.9M
Q3 25
$44.8M
$51.8M
Q2 25
$51.8M
Q1 25
$45.6M
Q4 24
$50.3M
Q3 24
$35.2M
$47.0M
Q2 24
$51.1M
Q1 24
$49.7M
Operating Margin
DHT
DHT
OFG
OFG
Q4 25
25.7%
Q3 25
44.2%
33.0%
Q2 25
36.1%
Q1 25
33.3%
Q4 24
28.9%
Q3 24
29.7%
35.4%
Q2 24
39.6%
Q1 24
38.9%
Net Margin
DHT
DHT
OFG
OFG
Q4 25
30.3%
Q3 25
41.7%
27.8%
Q2 25
28.4%
Q1 25
25.5%
Q4 24
27.6%
Q3 24
24.8%
26.9%
Q2 24
28.4%
Q1 24
28.5%
EPS (diluted)
DHT
DHT
OFG
OFG
Q4 25
$1.27
Q3 25
$0.28
$1.16
Q2 25
$1.15
Q1 25
$1.00
Q4 24
$1.10
Q3 24
$0.22
$1.00
Q2 24
$1.08
Q1 24
$1.05

Balance Sheet & Financial Strength

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

Metric
DHT
DHT
OFG
OFG
Cash + ST InvestmentsLiquidity on hand
$81.3M
$1.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$1.4B
Total Assets
$1.4B
$12.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHT
DHT
OFG
OFG
Q4 25
$1.0B
Q3 25
$81.3M
$740.3M
Q2 25
$851.8M
Q1 25
$710.6M
Q4 24
$591.1M
Q3 24
$73.8M
$680.6M
Q2 24
$740.4M
Q1 24
$754.4M
Stockholders' Equity
DHT
DHT
OFG
OFG
Q4 25
$1.4B
Q3 25
$1.1B
$1.4B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.0B
$1.3B
Q2 24
$1.2B
Q1 24
$1.2B
Total Assets
DHT
DHT
OFG
OFG
Q4 25
$12.5B
Q3 25
$1.4B
$12.2B
Q2 25
$12.2B
Q1 25
$11.7B
Q4 24
$11.5B
Q3 24
$1.5B
$11.5B
Q2 24
$11.3B
Q1 24
$11.2B

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
OFG
OFG
Operating Cash FlowLast quarter
$60.9M
$217.7M
Free Cash FlowOCF − Capex
$199.3M
FCF MarginFCF / Revenue
108.1%
Capex IntensityCapex / Revenue
10.0%
Cash ConversionOCF / Net Profit
1.36×
3.90×
TTM Free Cash FlowTrailing 4 quarters
$345.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHT
DHT
OFG
OFG
Q4 25
$217.7M
Q3 25
$60.9M
$39.5M
Q2 25
$35.9M
Q1 25
$83.1M
Q4 24
$252.5M
Q3 24
$80.1M
$58.1M
Q2 24
$95.1M
Q1 24
$61.0M
Free Cash Flow
DHT
DHT
OFG
OFG
Q4 25
$199.3M
Q3 25
$35.5M
Q2 25
$31.8M
Q1 25
$78.7M
Q4 24
$231.2M
Q3 24
$51.8M
Q2 24
$90.4M
Q1 24
$54.8M
FCF Margin
DHT
DHT
OFG
OFG
Q4 25
108.1%
Q3 25
19.1%
Q2 25
17.4%
Q1 25
44.1%
Q4 24
126.5%
Q3 24
29.6%
Q2 24
50.3%
Q1 24
31.4%
Capex Intensity
DHT
DHT
OFG
OFG
Q4 25
10.0%
Q3 25
2.1%
Q2 25
2.3%
Q1 25
2.4%
Q4 24
11.7%
Q3 24
3.6%
Q2 24
2.6%
Q1 24
3.5%
Cash Conversion
DHT
DHT
OFG
OFG
Q4 25
3.90×
Q3 25
1.36×
0.76×
Q2 25
0.69×
Q1 25
1.82×
Q4 24
5.02×
Q3 24
2.28×
1.24×
Q2 24
1.86×
Q1 24
1.23×

Financial Flow Comparison

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

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