Dawson Geophysical vs Stak
Dawson Geophysical is the larger business, with $75.6m of revenue in fiscal 2025 against $28.2m for Stak (2.7 times as much). Stak grew faster (13.2% against 2.0%). Stak kept more of each dollar of sales as profit: a net margin of 1.5% against -2.6%. Stak carries less debt relative to equity (80.7% against 111.1%).
| Latest fiscal year | Dawson GeophysicalDWSN, 2025 | StakSTAK, 2026 |
|---|---|---|
| Revenue | $75.6m | $28.2m |
| Revenue growth | 2.0% | 13.2% |
| Net income | −$1.9m | $425,541 |
| Operating margin | -2.2% | 3.8% |
| Net margin | -2.6% | 1.5% |
| Return on equity | -11.7% | 2.9% |
| Free cash flow | $7.1m | −$2.7m |
| Cash | $4.9m | $4.2m |
| Total debt | $17.6m | $13.0m |
| Debt to equity | 111.1% | 80.7% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 269 | — |
| Market value | $54.7m | $28.9m |
| Price vs our value range | — | — |
| Moat score | 25 (Weak) | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |