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

DHT Holdings, Inc. is the larger business by last-quarter revenue ($107.3M vs $13.3M, roughly 8.1× OceanPal Inc.). DHT Holdings, Inc. runs the higher net margin — 41.7% vs -62.9%, a 104.6% gap on every dollar of revenue.

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.

Ocean Software Limited was a British software development company that became one of the biggest European video game developers and publishers of the 1980s and 1990s.

DHT vs SVRN — Head-to-Head

Bigger by revenue
DHT
DHT
8.1× larger
DHT
$107.3M
$13.3M
SVRN
Higher net margin
DHT
DHT
104.6% more per $
DHT
41.7%
-62.9%
SVRN

Income Statement — Q3 2025 vs Q4 2024

Metric
DHT
DHT
SVRN
SVRN
Revenue
$107.3M
$13.3M
Net Profit
$44.8M
$-8.4M
Gross Margin
Operating Margin
44.2%
-62.3%
Net Margin
41.7%
-62.9%
Revenue YoY
-24.5%
Net Profit YoY
27.3%
EPS (diluted)
$0.28
$32.11

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
SVRN
SVRN
Q3 25
$107.3M
Q4 24
$13.3M
Q3 24
$142.1M
Q3 23
$131.6M
Q3 22
$109.9M
Net Profit
DHT
DHT
SVRN
SVRN
Q3 25
$44.8M
Q4 24
$-8.4M
Q3 24
$35.2M
Q3 23
$31.0M
Q3 22
$7.5M
Operating Margin
DHT
DHT
SVRN
SVRN
Q3 25
44.2%
Q4 24
-62.3%
Q3 24
29.7%
Q3 23
29.7%
Q3 22
11.1%
Net Margin
DHT
DHT
SVRN
SVRN
Q3 25
41.7%
Q4 24
-62.9%
Q3 24
24.8%
Q3 23
23.5%
Q3 22
6.8%
EPS (diluted)
DHT
DHT
SVRN
SVRN
Q3 25
$0.28
Q4 24
$32.11
Q3 24
$0.22
Q3 23
$0.19
Q3 22
$0.04

Balance Sheet & Financial Strength

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

Metric
DHT
DHT
SVRN
SVRN
Cash + ST InvestmentsLiquidity on hand
$81.3M
$7.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$84.4M
Total Assets
$1.4B
$89.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHT
DHT
SVRN
SVRN
Q3 25
$81.3M
Q4 24
$7.2M
Q3 24
$73.8M
Q3 23
$73.9M
Q3 22
$65.7M
Stockholders' Equity
DHT
DHT
SVRN
SVRN
Q3 25
$1.1B
Q4 24
$84.4M
Q3 24
$1.0B
Q3 23
$1.0B
Q3 22
$1.0B
Total Assets
DHT
DHT
SVRN
SVRN
Q3 25
$1.4B
Q4 24
$89.5M
Q3 24
$1.5B
Q3 23
$1.5B
Q3 22
$1.5B

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
SVRN
SVRN
Operating Cash FlowLast quarter
$60.9M
$-3.5M
Free Cash FlowOCF − Capex
$-22.4M
FCF MarginFCF / Revenue
-169.0%
Capex IntensityCapex / Revenue
142.4%
Cash ConversionOCF / Net Profit
1.36×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHT
DHT
SVRN
SVRN
Q3 25
$60.9M
Q4 24
$-3.5M
Q3 24
$80.1M
Q3 23
$55.7M
Q3 22
$5.5M
Free Cash Flow
DHT
DHT
SVRN
SVRN
Q3 25
Q4 24
$-22.4M
Q3 24
Q3 23
Q3 22
FCF Margin
DHT
DHT
SVRN
SVRN
Q3 25
Q4 24
-169.0%
Q3 24
Q3 23
Q3 22
Capex Intensity
DHT
DHT
SVRN
SVRN
Q3 25
Q4 24
142.4%
Q3 24
Q3 23
Q3 22
Cash Conversion
DHT
DHT
SVRN
SVRN
Q3 25
1.36×
Q4 24
Q3 24
2.28×
Q3 23
1.80×
Q3 22
0.73×

Financial Flow Comparison

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

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