Danaos Corporation

Danaos Corporation

DAC
Danaos CorporationUS flagNew York Stock Exchange
130.05
USD
+1.25
- -
2.37BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
75.09
70.47
72.42
63.54
57.58
43.18
28.24
19.57
33.89
48.5
48.98
52.5
56.56
57.02
Basic EPS, GAAP
4.79
-0.5
14.92
-46.69
10.7
-3.1
8.29
6.51
51.75
27.3
28.99
26.15
26.83
28.43
Free Cash Flow per Basic Share
18.15
19.53
34.5
32.82
22.51
14.73
12.54
4.03
3.56
35.91
15.51
-1.95
18.88
17.03
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
1.52
3
3.05
3.25
3.45
3.5
Book Value per Share
36.4
35.89
50.78
4.08
14.77
7.72
13.47
15.55
68.26
92.11
120.84
147.25
177.7
185.88
Tangible Book Value per Share
76.41
87.84
107.36
62.18
69.95
65.03
55.68
43.9
102.63
125.01
151.73
177.3
205.92
214.21
Basic Weighted Avg Shares
8
8
8
8
8
11
16
24
20
20
20
19
18
18
Sales/Revenue/Turnover
588
552
568
498
452
459
447
462
690
993
974
1,014
1,042
1,043
Operating Margin (%)
49.64
47.54
50.26
43.82
41.51
43.29
44.96
43.22
51.96
62.03
59.47
52.51
47.85
48.3
Depreciation Expense
137
137
132
129
115
108
97
102
89
78
108
144
163
164
Net Income, GAAP
38
-4
117
-366
84
-33
131
154
1,053
559
576
505
495
520
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
0.56
3.16
- -
- -
- -
- -
Profit Margin (%)
6.38
-0.71
20.6
-73.48
18.57
-7.18
29.35
33.27
152.7
56.3
59.19
49.8
47.45
49.85
Working Capital
-243
-225
-185
-2,430
-2,254
-103
-33
-121
313
144
334
502
918
1,052
LT Debt
3,030
2,791
2,470
- -
- -
1,508
1,393
1,283
1,154
447
383
700
872
1,004
Total Equity
598
688
842
488
549
691
882
1,036
2,088
2,560
3,016
3,425
3,796
3,918
Return on Invested Capital (%)
7.61
- -
7.84
- -
6.39
- -
8.51
8.13
12.03
18.4
17.86
14.05
10.95
10.94
Return on Capital (%)
3.59
- -
6.26
- -
6.84
- -
11.8
11.59
49.24
24.23
22.98
16.64
13.42
13.87
Return on Common Equity (%)
14.09
-1.38
34.45
-170.26
113.49
-33.29
88.88
52.93
119.94
34.15
26.88
19.25
16.16
16.39

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
77
283
22
LT Borrowings
675
872
1,004
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
18
Market Capitalization
1,659
1,739
2,060

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
867
1,319
1,189
Cash, Cash Equivalents & STI
713
1,158
1,020
Accounts Receivable, Net
31
39
34
Inventories
21
23
35
Total Current Liabilities
188
402
137
Payables & Accruals
40
46
54
ST Debt
77
283
22
Deferred Revenue
42
37
30

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.79%
33.29%
10.83%
Free Cash Flow
-37.67%
-60.76%
-1,025.87%
Net Income, GAAP
-62.92%
105.48%
-2.07%
Sales/Revenue/Turnover
7.91%
19.68%
2.8%
Total Cash Common Dividend
- -
- -
1.18%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
253
246
256
258
1,014
2025
253
262
261
266
1,042
2026
254
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.75
7.3
6.36
- -
26.15
2025
6.14
7.14
7.14
- -
26.83
2026
7.71
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.8
0.8
0.8
- -
3.25
2025
0.85
0.85
0.85
- -
3.45
2026
0.9
- -
- -
- -
- -

Company Description

APIChat
CEO
John Coustas
Full Time Employees
4
Sector
Industrials
Industry
Marine Shipping
Address
14 Akti Kondyli Piraeus Greece 185 45
IPO Date
Oct 16, 2006
Website
danaos.com
Business
Danaos Corporation Danaos Corporation (NYSE: DAC), an international provider of seaborne transportation services in the containership and drybulk sectors, owns and charters a modern fleet of vessels primarily on long-term, fixed-rate contracts to leading global liner companies including Maersk, MSC, CMA CGM and COSCO; its container vessel segment operates 74 containerships with capacities ranging from 2,200 TEU to 13,100 TEU aggregating approximately 471,477 TEUs, complemented by 16 containerships under construction totaling around 134,000 TEUs in sizes such as 6,014 TEU, 8,100 TEU and 9,200 TEU vessels; the drybulk segment features 10 Capesize carriers each with 175,500 DWT capacity aggregating 1,760,861 DWT for transporting commodities like iron ore and coal. Founded in 1972 by Dimitris Coustas and led since 1987 by Dr. John Coustas as CEO, with roots tracing to 1963 activities, the company is headquartered in Piraeus, Greece, with its legal domicile in the Marshall Islands and operations serving major trade routes in Australia, Europe, Asia and the United States. Recent developments include the delivery of three newbuild containerships in Q2 2024 comprising two 8,010 TEU and one 7,165 TEU vessels, ongoing fleet modernization through 16 newbuilding orders with deliveries scheduled through 2028 adding over $616 million to contracted revenues in 2024 alone, a January 2025 order for two additional 9,200 TEU vessels at a Chinese shipyard boosting the orderbook to 134,234 TEUs, expansion into drybulk via the 2023-2024 acquisition of 10 Capesize vessels, and chartering activity securing multi-year contracts for the full orderbook while lifting total contracted cash operating revenues to over $3.3 billion as of late 2024 with 99% coverage for 2024 and 80% for 2025.

Company News

APIChat
  • Danaos Corporation (DAC) Q1 2026 Earnings Call Transcript

  • Danaos Corporation Reports First Quarter Results for Period Ended March 31, 2026

  • Danaos Corporation Announces Date for the Release of First Quarter 2026 Results, Conference Call and Webcast

  • Danaos (NYSE:DAC) Stock Crosses Above 200 Day Moving Average – Time to Sell?

  • JPMorgan Chase & Co. Boosts Stock Holdings in Danaos Corporation $DAC

  • Head-To-Head Comparison: Danaos (NYSE:DAC) versus EuroDry (NASDAQ:EDRY)

  • The Next AI Gold Rush Is Inside the Data Center

  • Prosafe SE: Shareholding disclosure

  • Danaos Corporation Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2025

  • Danaos: A Disciplined, Opportunistic Capital Allocator

  • Danaos: Alaska LNG Investment - Smart Diversification Or Opportunity Cost?

  • Danaos Corporation (DAC) Q4 2025 Earnings Call Transcript

  • Danaos (NYSE:DAC) versus Odyssey Marine Exploration (NASDAQ:OMEX) Financial Contrast

  • Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2025

  • Does Rigetti's $8.4M C-DAC Order Strengthen Its Path to Scale?

  • Danaos Corporation $DAC Stock Position Decreased by Campbell & CO Investment Adviser LLC

  • First Look: Capital One (COF) buys Brex; PJM eyes data-center auction

  • Danaos Corporation Announces Date for the Release of Fourth Quarter 2025 Results, Conference Call and Webcast

  • Glenfarne Announces Strategic Partnership With Danaos to Advance Alaska LNG

  • Danaos Corporation Announces Strategic Partnership with Glenfarne Group to advance the Alaska LNG Project