YOLFTbeta
Danaos Corporation

Danaos Corporation

DAC · NYSE · Industrials / Marine Shipping

150.12USD-1.67 (-1.10%)

Price History

Full chart

Market Stats

Previous Close151.79
Open152.97
Day Range149.67 – 152.97
52-Week Range80.96 – 163.64
Volume122.30K
Market Cap2.81B
P/E (TTM)5.22
Forward P/E2.26
EPS29.54
Dividend Yield2.33%
Beta0.86
50-Day Avg146.64
200-Day Avg122.30

About

Danaos Corporation, through its subsidiaries, owns and operates containerships and drybulk vessels in Australia, Europe, and the United States. It operates in two segments, Container Vessels and Drybulk Vessels. The company provides seaborne transportation services by operating vessels in the containership and drybulk sectors of the shipping industry. As of December 31, 2025, it had a fleet of 75 containerships aggregating 477,230 TEUs; 27 container vessels under construction containerships aggregating 173,314 TEUs; 10 Capesize bulk carriers aggregating 1,755,000 DWT; and 2 dry bulk vessels under construction aggregating 422,000 DWT. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005. Danaos Corporation was founded in 1963 and is based in Piraeus, Greece.

Company Details

  • SectorIndustrials
  • IndustryMarine Shipping
  • CEODr. John Coustas Ph.D.
  • Employees4
  • Headquarters14 Akti Kondyli, Piraeus, Greece, 18545, USA
  • Websitehttps://www.danaos.com

Leadership

  • Dr. John Coustas Ph.D.Chairman, President & CEO · b. 1956
  • Mr. Evangelos ChatzisVP, CFO, Treasurer & Secretary · b. 1973
  • Mr. Dimitris VastarouchasVP & COO · b. 1968
  • Mr. Filippos ProkopakisChief Commercial Officer · b. 1983

Financials

Income Statement

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue146.12M208.27M241.38M245.59M258.85M298.90M319.51M359.68M468.10M589.01M588.12M552.09M567.94M498.33M451.73M458.73M447.24M461.59M689.50M993.34M973.58M1.01B1.04B
Growth (%)-+42.53%+15.90%+1.74%+5.40%+15.48%+6.89%+12.57%+30.14%+25.83%-0.15%-6.13%+2.87%-12.26%-9.35%+1.55%-2.50%+3.21%+49.37%+44.07%-1.99%+4.16%+2.80%
Cost of Revenue-52.56M61.41M68.02M73.17M96.72M99.67M96.20M129.89M280.80M271.26M263.79M256.80M252.35M234.81M224.57M210.60M226.74M277.11M328.39M332.41M398.17M208.78M
Gross Profit146.12M155.71M179.97M177.56M185.67M202.18M219.84M263.48M338.21M308.21M316.86M288.30M311.13M245.98M216.92M234.16M236.64M234.85M412.39M664.96M641.17M615.94M833.68M
Gross Margin100.00%74.76%74.56%72.30%71.73%67.64%68.80%73.25%72.25%52.33%53.88%52.22%54.78%49.36%48.02%51.05%52.91%50.88%59.81%66.94%65.86%60.74%79.97%
Operating Expense030.60M36.29M29.58M56.98M53.22M83.74M177.32M133.01M155.25M44.39M95.90M66.76M458.62M29.42M246.29M35.57M35.37M54.13M11.52M60.51M75.06M334.91M
Operating Income146.12M125.11M143.68M147.99M128.69M148.96M136.10M86.16M205.20M152.96M272.47M192.41M244.38M-212.64M187.50M-12.12M201.07M199.48M358.26M653.44M580.66M540.88M498.77M
Operating Margin100.00%60.07%59.52%60.26%49.72%49.84%42.60%23.95%43.84%25.97%46.33%34.85%43.03%-42.67%41.51%-2.64%44.96%43.22%51.96%65.78%59.64%53.34%47.85%
EBITDA146.12M161.81M177.30M139.88M169.79M199.99M141.50M23.29M449.33M150.25M429.33M381.90M417.24M-110.39M296.09M171.43M309.66M308.58M1.22B717.17M704.83M675.07M748.62M
EBITDA Margin100.00%77.69%73.45%56.96%65.59%66.91%44.29%6.47%95.99%25.51%73.00%69.17%73.47%-22.15%65.55%37.37%69.24%66.85%176.51%72.20%72.40%66.57%71.81%
Net Income59.85M116.46M122.85M101.08M215.26M115.24M36.09M-102.34M13.44M-105.20M37.52M-3.92M117.02M-366.19M83.91M-32.94M57.03M153.55M1.05B559.21M576.30M505.07M494.61M
Net Income Margin40.96%55.92%50.89%41.16%83.16%38.55%11.30%-28.45%2.87%-17.86%6.38%-0.71%20.60%-73.48%18.57%-7.18%12.75%33.27%152.70%56.30%59.19%49.80%47.45%
Interest Expense011.56M23.41M29.24M22.42M038.50M47.21M55.12M105.45M91.19M223.35M145.25M104.98M91.18M88.73M74.77M55.84M68.99M62.14M20.46M29.78M46.56M
Interest Expense % of Total Revenue0.00%5.55%9.70%11.91%8.66%0.00%12.05%13.13%11.78%17.90%15.50%40.46%25.58%21.07%20.18%19.34%16.72%12.10%10.01%6.26%2.10%2.94%4.47%

Balance Sheet

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets837.02M1.01B945.76M1.30B2.07B2.83B3.14B3.49B3.99B4.21B4.07B3.85B3.70B3.13B2.99B2.68B2.68B2.71B3.63B3.40B3.66B4.34B5.11B
Total Liabilities548.35M621.51M683.03M731.34M1.45B2.61B2.74B3.10B3.55B3.77B3.47B3.16B2.86B2.64B2.44B1.99B1.80B1.68B1.54B839.81M644.82M918.85M1.32B
Total Equity288.67M384.47M262.73M565.85M624.90M219.03M405.59M392.41M442.54M440.30M598.48M688.15M841.91M487.71M548.71M690.85M881.69M1.04B2.09B2.56B3.02B3.42B3.80B
Cash-97.01M38.00M43.08M63.49M120.72M122.05M229.84M51.36M55.63M68.15M57.73M72.25M73.72M66.89M77.28M139.17M65.66M129.41M267.67M271.81M453.38M1.04B
Total Debt-601.40M666.74M662.32M1.36B2.11B2.33B2.57B3.00B3.40B3.23B3.02B2.78B2.50B2.33B1.62B1.53B1.46B1.34B529.42M404.17M734.78M1.16B
Net Debt-504.39M628.74M619.24M1.29B1.99B2.21B2.34B2.95B3.35B3.17B2.96B2.70B2.43B2.26B1.54B1.39B1.40B1.21B261.75M132.37M281.40M117.80M

Cash Flow

Currency: USD2003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow85.22M129.06M162.24M151.58M158.27M135.49M93.17M78.79M59.49M166.56M189.03M192.18M271.68M261.97M181.07M164.69M219.88M265.68M428.11M934.74M576.29M621.75M618.98M
Investing Cash Flow-226.44M-154.75M-40.54M-330.10M-687.59M--372.91M-587.75M-644.59M-369.79M6.09M11.44M-13.29M-9.38M1.76M-8.25M-21.36M-170.74M-143.15M176.57M-338.53M-650.79M-325.70M
Financing Cash Flow187.33M45.13M-180.71M183.60M549.74M433.72M281.07M616.74M406.63M207.50M-182.59M-214.04M-243.86M-251.12M-189.65M-148.87M-136.62M-168.45M-220.87M-973.40M-233.62M210.61M290.62M
Capital Expenditure0170.13M40.54M356.90M963.36M595.02M375.22M589.51M644.59M375.42M46.84M39.16M1.11M4.56M4.48M8.25M21.36M170.66M355.72M199.13M268.04M659.34M296.69M
Free Cash Flow85.22M-41.07M121.70M-205.32M-805.09M-459.53M-282.05M-510.72M-585.10M-208.87M142.19M153.02M270.56M257.41M176.59M156.44M198.52M95.02M72.39M735.61M308.26M-37.59M322.29M
Dividends Paid-20.66M244.59M244.59M97.39M101.48M101.48M--------30.89M30.89M30.89M30.89M61.48M60.70M62.81M63.55M
FCF to OCF100.00%-31.82%75.01%-135.45%-508.68%-339.16%-302.74%-648.19%-983.50%-125.40%75.22%79.62%99.59%98.26%97.53%94.99%90.29%35.76%16.91%78.70%53.49%-6.05%52.07%
Dividend Paid to FCF--50.29%200.99%-119.13%-12.10%-22.08%-35.98%--------19.74%15.56%32.51%42.67%8.36%19.69%-167.07%19.72%

Earnings

Report DateMar 7, 2007Apr 25, 2007Jul 25, 2007Oct 25, 2007Mar 10, 2008Apr 21, 2008Jul 28, 2008Oct 31, 2008Mar 11, 2009Apr 28, 2009Jul 27, 2009Nov 11, 2009Mar 29, 2010Jun 3, 2010Aug 31, 2010Nov 8, 2010Mar 17, 2011May 4, 2011Jul 25, 2011Nov 7, 2011Feb 21, 2012May 9, 2012Jul 30, 2012Nov 5, 2012Feb 11, 2013Apr 29, 2013Jul 29, 2013Oct 29, 2013Feb 10, 2014May 5, 2014Jul 28, 2014Oct 29, 2014Feb 9, 2015Apr 27, 2015Aug 3, 2015Nov 3, 2015Feb 16, 2016May 4, 2016Aug 1, 2016Dec 15, 2016Feb 21, 2017May 30, 2017Jul 31, 2017Oct 30, 2017Feb 12, 2018Jun 26, 2018Sep 24, 2018Nov 14, 2018Feb 19, 2019May 13, 2019Aug 5, 2019Nov 4, 2019Feb 10, 2020May 18, 2020Aug 3, 2020Nov 5, 2020Feb 16, 2021May 10, 2021Aug 2, 2021Nov 8, 2021Feb 7, 2022May 16, 2022Aug 1, 2022Nov 7, 2022Feb 14, 2023May 15, 2023Aug 7, 2023Nov 13, 2023Feb 13, 2024May 28, 2024Aug 5, 2024Nov 12, 2024Feb 10, 2025May 13, 2025Aug 4, 2025Nov 17, 2025Feb 9, 2026May 11, 2026Aug 3, 2026Nov 16, 2026
EPS Estimate7.767.146.936.146.846.866.546.406.023.943.963.593.703.423.281.201.180.502.002.162.280.752.472.381.911.581.401.771.731.041.631.932.353.013.984.795.405.726.046.582.802.522.943.082.942.523.222.101.682.242.102.141.671.191.421.862.272.763.053.684.956.145.867.427.175.906.937.367.797.746.926.786.526.446.667.106.776.607.606.53
EPS Actual7.987.707.426.586.866.726.306.866.025.184.064.20-4.203.221.960.700.141.401.682.242.102.242.101.961.541.821.541.681.960.841.542.242.943.924.905.606.026.026.022.942.943.083.643.783.923.503.363.222.522.531.972.462.011.341.711.912.292.833.345.326.1011.367.598.716.997.147.147.266.997.156.786.506.936.046.366.757.146.727.29-
Surprise2.84%7.84%7.07%7.17%0.29%-2.04%-3.67%7.19%0.00%31.47%2.53%16.99%-213.51%-5.85%-40.24%-41.67%-88.14%180.00%-16.00%3.70%-7.89%198.67%-14.98%-17.65%-19.37%15.19%10.00%-5.08%13.29%-19.23%-5.52%16.06%25.11%30.23%23.12%16.91%11.48%5.24%-0.33%-55.32%5.00%22.22%23.81%22.73%33.33%38.89%4.35%53.33%50.00%12.95%-6.19%14.95%20.36%12.61%20.42%2.69%0.88%2.54%9.51%44.57%23.23%85.02%29.52%17.39%-2.51%21.02%3.03%-1.36%-10.27%-7.62%-2.02%-4.13%6.29%-6.21%-4.50%-4.93%5.47%1.82%-4.08%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hours-After-hoursAfter-hours-After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap2.81B
Enterprise Value2.79B
Trailing P/E5.22
Forward P/E2.26
PEG Ratio0.12
Price / Sales2.66
Price / Book0.69
EPS29.54
Book Value222.86
Revenue (TTM)1.06B
Gross Profit (TTM)746.66M
EBITDA675.02M
Profit Margin51.26%
Operating Margin48.38%
Return on Equity14.14%
Return on Assets6.39%
Shares Outstanding18.20M
Shares Float8.41M
Beta0.86
Dividend Yield2.33%
Dividend Rate3.60
Payout Ratio12.90%

Analyst Ratings

Buy
Based on 2 analystsTarget 164.50
  • Strong Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
21.81%
Insiders
53.79%
Retail / Other
24.40%

Top Institutional Holders

  • Acadian Asset Management LLC
    693.01K3.81%
  • RBF LLC
    418.01K2.30%
  • ION Fund Management Ltd
    381.12K2.09%
  • The Goldman Sachs Group Inc
    297.24K1.63%
  • No Street GP LP
    250.00K1.37%
  • JPMorgan Chase & Co
    118.36K0.65%
  • BlackRock Inc
    89.56K0.49%
  • Renaissance Technologies Corp
    83.80K0.46%
  • Arrowstreet Capital Limited Partnership
    76.89K0.42%
  • Morgan Stanley - Brokerage Accounts
    71.22K0.39%
  • Qube Research & Technologies
    67.79K0.37%
  • Two Sigma Investments LLC
    64.72K0.36%
  • Hi-Line Capital Management, LLC
    61.47K0.34%
  • Advisory Research Inc
    47.41K0.26%
  • SEI Investments Co
    44.25K0.24%
  • UBS Group AG
    40.87K0.22%
  • HRT FINANCIAL LLC
    40.43K0.22%

Top Fund Holders

  • Pabrai Wagons ETF
    86.60K0.48%
  • GS EM CORE Eq I Acc USD Close
    58.52K0.32%
  • Goldman Sachs Em Mkts Eq Insghts Intl
    42.50K0.23%

Dividends

20264×
5.00Oct 13, 20260.90Jul 21, 20260.90May 26, 20260.90Feb 23, 2026
20254×
0.90Dec 2, 20250.85Aug 19, 20250.85May 27, 20250.85Feb 24, 2025
20244×
0.85Nov 25, 20240.80Aug 20, 20240.80Jun 11, 20240.80Feb 27, 2024
20234×
0.80Nov 24, 20230.75Aug 22, 20230.75May 25, 20230.75Feb 27, 2023
20224×
0.75Nov 17, 20220.75Aug 16, 20220.75May 26, 20220.75Feb 16, 2022
20213×
0.50Nov 18, 20210.50Aug 13, 20210.50May 26, 2021
20081×
6.51Nov 3, 2008

Stock Splits

  • May 2, 20191:14