NYSE · DAC
Danaos financials
$154.48+0.78%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.04B | $1.01B | $973.6M | $993.3M | $689.5M | $461.6M | $447.2M | $458.7M | $451.7M | $498.3M |
| Gross profit | $770.6M | $764.3M | $770.5M | $799.2M | $529.3M | $461.6M | $447.2M | $458.7M | $451.7M | $498.3M |
| Gross margin | 73.9% | 75.4% | 79.1% | 80.5% | 76.8% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $498.8M | $532.6M | $579.0M | $616.2M | $358.3M | $199.5M | $201.1M | -$12.1M | $187.5M | -$212.6M |
| Net income | $494.6M | $505.1M | $576.3M | $559.2M | $1.05B | $153.6M | $131.3M | -$32.9M | $83.9M | -$366.2M |
| Net margin | 47.4% | 49.8% | 59.2% | 56.3% | 152.7% | 33.3% | 29.3% | −7.2% | 18.6% | −73.5% |
| Diluted EPS | $26.76 | $26.05 | $28.95 | $27.28 | $51.15 | $6.45 | $8.09 | $-3.10 | $10.70 | $-46.76 |
| EBITDA | $706.2M | $705.5M | $705.8M | $706.0M | $457.7M | $312.0M | $306.3M | $315.6M | $309.5M | $337.1M |
| Operating cash flow | $644.8M | $621.8M | $576.3M | $934.7M | $428.1M | $265.7M | $219.9M | $164.7M | $181.1M | $262.0M |
| Free cash flow | $644.8M | $621.8M | $576.3M | $735.6M | $72.4M | $95.0M | $198.5M | $156.4M | $176.6M | $257.4M |
| Diluted shares | 18.5M | 19.4M | 19.9M | 20.5M | 20.6M | 23.8M | 16.2M | 10.6M | 7.8M | 7.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.04B | $453.4M | $271.8M | $267.7M | $129.4M | $65.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $1.16B | $734.8M | $404.2M | $429.9M | $1.34B | $1.48B |
| Total assets | $5.11B | $4.34B | $3.66B | $3.40B | $3.63B | $2.71B |
| Total liabilities | $1.32B | $918.9M | $644.8M | $839.8M | $1.54B | $1.68B |
| Shareholders' equity | $3.80B | $3.42B | $3.02B | $2.56B | $2.09B | $1.04B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology