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Danaos Corp
CIK 1369241Updated Sep 27, 2026
SecurityDAC · NYSE · equity
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NYSE:DAC on TradingView ↗Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 5,113,930,000Source | 4,343,654,000Source | 3,661,136,000Source | 3,400,228,000Source |
| Property, Plant and Equipment, NetUSD | 3,269,703,000Source | 3,290,309,000Source | 2,746,541,000Source | 2,721,494,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,037,292,000Source | 453,384,000Source | 271,809,000Source | 267,668,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 38,730,000Source | 25,578,000Source | 9,931,000Source | 5,635,000Source |
| Inventory, NetUSD | 23,417,000Source | 23,881,000Source | 24,511,000Source | 16,099,000Source |
| Assets, CurrentUSD | 1,319,419,000Source | 670,967,000Source | 501,770,000Source | 372,521,000Source |
| Other Assets, NoncurrentUSD | 42,305,000Source | 57,781,000Source | 72,627,000Source | 89,923,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,318,353,000Source | 918,854,000Source | 644,819,000Source | 839,814,000Source |
| Stockholders’ equity: | ||||
| Retained Earnings (Accumulated Deficit)USD | 3,275,222,000Source | 2,844,176,000Source | 2,401,912,000Source | 1,886,311,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -71,412,000Source | -70,430,000Source | -75,979,000Source | -74,209,000Source |
| Stockholders' Equity Attributable to ParentUSD | 3,795,577,000Source | 3,424,800,000Source | 3,016,317,000Source | 2,560,414,000Source |
| Additional Paid in Capital, Common StockUSD | 591,584,000Source | 650,864,000Source | 690,190,000Source | 748,109,000Source |
| Liabilities and EquityUSD | 5,113,930,000Source | 4,343,654,000Source | 3,661,136,000Source | 3,400,228,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 401,676,000Source | 168,954,000Source | 168,160,000Source | 228,407,000Source |
| Accounts Payable, CurrentUSD | 17,274,000Source | 29,039,000Source | 22,820,000Source | 24,505,000Source |
| Other Liabilities, NoncurrentUSD | 41,983,000Source | 27,436,000Source | 33,651,000Source | 52,861,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 28,772,000Source | 23,644,000Source | 20,458,000Source | 21,362,000Source |
| Long-term Debt, Current MaturitiesUSD | 283,015,000Source | 35,220,000Source | 21,300,000Source | 27,500,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 872,076,000Source | 699,563,000Source | 382,874,000Source | 402,440,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 494,614,000Source | 505,073,000Source | 576,299,000Source | 559,210,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 163,366,000Source | 148,344,000Source | 129,287,000Source | 131,214,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 16,755,000Source | 14,558,000Source | 12,680,000Source | 5,972,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 3,783,000Source | 5,403,000Source | 4,296,000Source | -1,483,000Source |
| Increase (Decrease) in InventoriesUSD | -464,000Source | -630,000Source | 8,412,000Source | 3,520,000Source |
| Increase (Decrease) in Accounts PayableUSD | -11,765,000Source | 7,060,000Source | -390,000Source | 5,580,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 644,753,000Source | 621,750,000Source | 576,292,000Source | 934,741,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -325,696,000Source | -650,789,000Source | -338,528,000Source | 176,572,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 75,739,000Source | 53,332,000Source | 70,610,000Source | 28,553,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 264,851,000Source | 210,614,000Source | -233,623,000Source | -973,401,000Source |
| Dividends paid | — | — | — | — |
| Repayments of Long-term DebtUSD | 190,764,000Source | 27,970,000Source | 27,500,000Source | 892,928,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 583,908,000Source | 181,575,000Source | 4,141,000Source | 137,912,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,037,292,000Source | 453,384,000Source | 271,809,000Source | 267,668,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 33,552,000Source | 21,572,000Source | 18,076,000Source | 53,954,000Source |
| Additional Financial Items | ||||
| Amortization of Deferred ChargesUSD | 44,074,000Source | 29,161,000Source | 18,663,000Source | 12,170,000Source |
| Amortization of Debt Issuance CostsUSD | 3,388,000Source | 2,326,000Source | 2,201,000Source | 8,564,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 3,487,000Source | — | — | — |
| DepreciationUSD | 163,366,000Source | — | — | — |
| Derivative, Gain (Loss) on Derivative, NetUSD | -3,622,000Source | -3,632,000Source | -3,622,000Source | -3,622,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -700,000Source | -300,000Source | -500,000Source | -200,000Source |
| Gain (Loss) on InvestmentsUSD | 29,541,000Source | -25,179,000Source | 17,867,000Source | -176,386,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 0Source | 8,332,000Source | 1,639,000Source | 37,225,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | -2,499,000Source | 0Source | -2,254,000Source | 4,351,000Source |
| General and Administrative ExpenseUSD | 64,410,000Source | 54,228,000Source | 43,484,000Source | 36,575,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | -1,039,000Source | -1,629,000Source | -3,993,000Source | — |
| Income Tax Expense (Benefit)USD | 0Source | — | — | 18,250,000Source |
| InterestExpenseNonoperatingUSD | — | 26,185,000Source | — | — |
| Investment Income, InterestUSD | 19,548,000Source | 12,890,000Source | 12,133,000Source | 4,591,000Source |
| Net Income (Loss) Attributable to ParentUSD | 494,614,000Source | 505,073,000Source | 576,299,000Source | 559,210,000Source |
| Nonoperating Income (Expense)USD | -4,152,000Source | -35,811,000Source | -4,362,000Source | -75,976,000Source |
| Other Nonoperating Income (Expense)USD | -1,197,000Source | 2,241,000Source | -812,000Source | -6,578,000Source |
| Payments of Financing CostsUSD | 25,771,000Source | 7,277,000Source | 1,892,000Source | 16,244,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 620,675,000Source | 362,000,000Source | — | 182,726,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | 29,541,000Source | -25,179,000Source | 17,867,000Source | -176,386,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 1,042,456,000Source | 1,014,110,000Source | 973,583,000Source | 993,344,000Source |
| Operating Income (Loss)USD | 498,766,000Source | 540,884,000Source | 580,661,000Source | 653,436,000Source |
| Other Nonoperating Income (Expense)USD | -1,197,000Source | 2,241,000Source | -812,000Source | -6,578,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 494,614,000Source | 505,073,000Source | 576,299,000Source | 577,460,000Source |
| Income Tax Expense (Benefit)USD | 0Source | — | — | 18,250,000Source |
| Net Income (Loss) Attributable to ParentUSD | 494,614,000Source | 505,073,000Source | 576,299,000Source | 559,210,000Source |
| Earnings Per Share, BasicUSD per share | 26.83Source | 26.15Source | 28.99Source | 27.3Source |
| Earnings Per Share, DilutedUSD per share | 26.76Source | 26.05Source | 28.95Source | 27.28Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 18,432,153Source | 19,316,453Source | 19,879,161Source | 20,481,894Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 18,480,301Source | 19,384,879Source | 19,903,655Source | 20,501,021Source |
| Interest Expense (non-operating)USD | — | 26,185,000Source | — | — |
| Additional Financial Items | ||||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 3.45Source | 3.25Source | 3.05Source | 3Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -700,000Source | -300,000Source | -500,000Source | -200,000Source |
| Gain (Loss) on InvestmentsUSD | 29,541,000Source | -25,179,000Source | 17,867,000Source | -176,386,000Source |
| General and Administrative ExpenseUSD | 64,410,000Source | 54,228,000Source | 43,484,000Source | 36,575,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | -1,039,000Source | -1,629,000Source | -3,993,000Source | — |
| Interest ExpenseUSD | — | — | 20,463,000Source | 62,141,000Source |
| Interest Expense, DebtUSD | — | 45,300,000Source | 35,700,000Source | 55,700,000Source |
| Investment Income, InterestUSD | 19,548,000Source | 12,890,000Source | 12,133,000Source | 4,591,000Source |
| Nonoperating Income (Expense)USD | -4,152,000Source | -35,811,000Source | -4,362,000Source | -75,976,000Source |