Danaos

US · DAC #2496 by market cap Listed 1970

164.48 -1.46 -0.88%

Live - 5344 symbols - heartbeat 366s ago · 2026-10-08 07:03

Pre-market 165.00 +0.32%

After-hours 164.48 0.00%

Overnight 165.87 +0.85%

Market cap: 2.99B
P/E (TTM): 5.57
P/B: 0.74
EPS: 26.76
Div yield: 2.16%
52W pos: 96%

Reader sentiment Are you bullish or bearish on DAC?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 3.00, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +2.80% YoY

Margins

Gross margin: 58.25%
Operating margin: 47.85%
Net margin: 47.45%

Key ratios & quality

Enterprise value: 2.99B
Altman Z-Score: 3.00

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	458.73M	447.24M	461.59M	689.51M	993.34M	973.58M	1.01B	1.04B
Gross profit	234.16M	236.64M	234.85M	412.39M	664.96M	641.17M	615.94M	607.25M
Selling & admin expenses	26.33M	26.84M	24.34M	43.95M	36.58M	43.48M	54.23M	64.41M
Research & development	--	--	--	--	--	--	--	--
Operating profit	198.59M	201.07M	199.48M	358.26M	616.21M	579.02M	532.55M	498.77M
Pretax profit	-32.94M	131.25M	153.55M	1.06B	577.46M	576.30M	505.07M	494.61M
Tax	--	--	0	5.89M	18.25M	0	0	0
Net profit	-32.94M	131.25M	153.55M	1.05B	559.21M	576.30M	505.07M	494.61M
Basic EPS	-3	8	7	52	27	29	26	27
Diluted EPS	-3.10	8.09	6.45	51.15	27.28	28.95	26.05	26.76

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	253.31M	262.15M	260.73M	266.27M	253.70M	274.37M
Gross profit	143.44M	148.26M	153.40M	162.15M	152.13M	158.08M
Selling & admin expenses	12.22M	11.21M	12.59M	28.39M	14.64M	14.87M
Research & development	--	--	--	--	--	--
Operating profit	120.25M	125.54M	130.05M	122.93M	125.20M	132.73M
Pretax profit	115.15M	130.90M	130.65M	117.91M	140.42M	151.82M
Tax	0	0	0	0	0	0
Net profit	115.15M	130.90M	130.65M	117.91M	140.42M	151.82M
Basic EPS	6	7	7	6	8	8
Diluted EPS	6.13	7.12	7.11	6.42	7.70	8.32

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	119.75M	190.39M	118.45M	632.49M	372.52M	501.77M	670.97M	1.32B
Cash & ST investments	77.28M	139.17M	65.66M	552.43M	267.67M	357.84M	514.23M	1.16B
Inventory	8.88M	8.49M	9.62M	12.58M	16.10M	24.51M	23.88M	23.42M
Total assets	2.68B	2.68B	2.71B	3.63B	3.40B	3.66B	4.34B	5.11B
Total current liabilities	222.70M	223.08M	239.69M	319.31M	228.41M	168.16M	168.95M	401.68M
Short-term debt	113.78M	136.02M	180.18M	181.57M	54.97M	21.30M	35.22M	283.02M
Long-term debt	1.51B	1.27B	1.19B	1.02B	402.44M	382.87M	699.56M	872.08M
Total liabilities	1,988,989,000.00	1,801,329,000.00	1,678,803,000.00	1,539,102,000.00	839,814,000.00	644,819,000.00	918,854,000.00	1,318,353,000.00
Total equity	690.85M	881.69M	1.04B	2.09B	2.56B	3.02B	3.42B	3.80B
Retained earnings	81.85M	213.10M	366.65M	1.39B	1.89B	2.40B	2.84B	3.28B

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	705.83M	807.44M	867.31M	1.32B	1.19B	1.39B
Cash & ST investments	543.88M	654.08M	712.67M	1.16B	1.02B	1.23B
Inventory	27.05M	21.62M	20.66M	23.42M	35.45M	22.57M
Total assets	4.44B	4.52B	4.61B	5.11B	5.11B	5.45B
Total current liabilities	162.55M	150.72M	187.88M	401.68M	137.34M	149.49M
Short-term debt	37.66M	37.66M	77.29M	283.02M	21.81M	26.63M
Long-term debt	732.19M	723.53M	675.24M	872.08M	1.00B	1.18B
Total liabilities	945,126,000.00	928,607,000.00	904,146,000.00	1,318,353,000.00	1,190,564,000.00	1,390,825,000.00
Total equity	3.49B	3.59B	3.71B	3.80B	3.92B	4.06B
Retained earnings	2.94B	3.06B	3.17B	3.28B	3.40B	3.53B

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	164.69M	219.88M	265.68M	428.11M	934.74M	576.29M	621.75M	644.75M
Depreciation & amortization	107.76M	96.51M	101.53M	89.30M	77.57M	108.07M	143.81M	163.37M
Free cash flow	156.44M	198.52M	95.02M	72.39M	735.61M	308.26M	-37.59M	348.06M
Dividends paid	0	0	0	-30.89M	-61.48M	-60.70M	-62.81M	-63.55M
Stock buybacks / issuance	0	0	-31.13M	0	-28.55M	-70.61M	-53.33M	-75.74M
Ending cash balance	77.28M	139.17M	65.66M	129.76M	267.67M	271.81M	453.38M	1.04B

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	133.86M	162.78M	168.62M	179.49M	163.14M	204.36M
Depreciation & amortization	40.03M	40.70M	41.18M	41.46M	40.86M	41.78M
Free cash flow	48.17M	141.45M	76.33M	82.11M	11.50M	26.72M
Dividends paid	-15.89M	-15.56M	-15.56M	-16.54M	-16.38M	-16.38M
Stock buybacks / issuance	-33.77M	-19.44M	0	-22.53M	-6.82M	0
Ending cash balance	480.54M	546.16M	596.37M	1.04B	876.21M	1.01B

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	-5.31	16.69	16.02	67.41	24.06	20.67	15.68	13.70
ROA %	-1.16	4.89	5.69	33.20	15.92	16.32	12.62	10.46
ROIC %	1.40	7.50	7.59	37.46	18.96	18.04	13.68	11.37
5-year avg ROE %	-5.90	-2.44	-2.30	22.20	23.77	28.97	28.77	28.30
EBIT margin %	11.50	45.46	44.86	163.56	64.39	61.30	52.39	51.56
FCF / sales %	34.10	44.39	20.58	10.50	74.05	31.66	--	33.39
Current ratio	0.54	0.85	0.49	1.98	1.63	2.98	3.97	3.28
Quick ratio	0.47	0.75	0.39	1.85	1.41	2.56	3.59	3.12
Debt / assets	60.52	56.97	53.90	36.83	14.76	11.04	16.92	22.59
LT debt / equity	218.30	157.94	123.89	55.29	17.46	12.69	20.43	22.98
Interest coverage	0.62	2.82	3.87	16.35	10.29	29.16	20.29	12.55
Revenue CAGR (3Y) %	-6.87	-3.54	0.72	14.55	30.47	28.24	13.72	1.62
Net income CAGR (3Y) %	--	--	22.32	--	62.11	55.41	-21.72	-4.01
FCF CAGR (3Y) %	-16.69	-8.29	-18.67	-22.65	54.74	48.04	--	-22.08

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	14.14	13.38	13.16	13.70	14.03	14.14
ROA %	11.39	10.73	10.53	10.46	10.89	10.85
ROIC %	12.29	11.60	11.50	11.37	11.75	11.57
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	49.59	48.27	48.85	51.56	54.14	55.34
FCF / sales %	--	18.09	33.30	33.39	29.86	18.64
Current ratio	4.34	5.36	4.62	3.28	8.66	9.30
Quick ratio	3.93	4.95	4.31	3.12	8.15	8.91
Debt / assets	17.34	16.84	16.31	22.59	20.07	22.22
LT debt / equity	20.96	20.14	18.20	22.98	25.62	29.19
Interest coverage	15.21	13.20	13.23	12.55	12.63	13.54
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Single-engine

Container vessels segment is the largest reported line at 90.48% of revenue, across 2 reported segments.
The next-largest line, Dry bulk vessels segment, is a distant second at 9.52% - a sharp slowdown here would have little to offset it.

Revenue breakdown most recent period

Business

Container vessels segment90.48%

Dry bulk vessels segment9.52%

Quote time 2026-10-08 07:03:59 · For reference only, not investment advice and not tailored to your situation.