DLH Holdings vs Viemed Healthcare
DLH Holdings is the larger business, with $344m of revenue in fiscal 2025 against $270m for Viemed Healthcare (1.3 times as much). Viemed Healthcare grew faster (20.5% against -13.0%). Viemed Healthcare kept more of each dollar of sales as profit: a net margin of 5.5% against 0.4%. Viemed Healthcare carries less debt relative to equity (8.7% against 116.5%).
| Latest fiscal year | DLH HoldingsDLHC, 2025 | Viemed HealthcareVMD, 2025 |
|---|---|---|
| Revenue | $344m | $270m |
| Revenue growth | -13.0% | 20.5% |
| Net income | $1.4m | $14.9m |
| Operating margin | 4.9% | 8.5% |
| Net margin | 0.4% | 5.5% |
| Return on equity | 1.2% | 10.9% |
| Free cash flow | $23.0m | $11.9m |
| Cash | $125,000 | $13.5m |
| Total debt | $132m | $12.4m |
| Debt to equity | 116.5% | 8.7% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $13.2m |
| Employees | 2,300 | — |
| Market value | $52.2m | $357m |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | 32 (Weak) | 62 (Moderate) |
| Insider trades, 12 months | 90 buys, 1 sales | 0 buys, 9 sales |