Danaos Corporation logo

Danaos Corporation

DAC

NYSEIndustrialsMarine Shipping

Latest quote

$149.88

+$1.05 · +0.71%

Aug 21, 3:55 PM ET

DAC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

95

Deep Value

Momentum

60

Neutral

Sentiment

42

Mixed

Risk resilience

80

Low Risk

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Company profile

Company website

Danaos Corporation, operating through its subsidiaries, specializes in the ownership and management of containerships across key global markets including Australia, Asia, Europe, and the United States. The company's core business involves providing essential seaborne transportation by chartering its vessels to various international liner companies. As of February 28, 2022, its fleet consisted of 71 containerships, offering a combined capacity of 436,589 twenty-foot equivalent units. Originally founded in 1963 and headquartered in Piraeus, Greece, the company was known as Danaos Holdings Limited until it officially adopted the name Danaos Corporation in October 2005.

Industry
Marine Shipping
Sector
Industrials
Headquarters
GR
CEO
John Coustas
Listed since
Oct 6, 2006
Employees
4

Market position

Volume
99.79K
1.01× average
Average volume
98.52K
Average daily volume
Market cap
2.73B USD
Beta
0.85
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.85B USD
EV / EBITDA
2.48×
Earnings yield
28.49%
Free cash flow yield
18.57%

Profitability & efficiency

Return on equity
13.03%
Return on assets
9.67%
Return on invested capital
9.98%

Financial health

Current ratio
3.28×
Altman Z-score
2.89
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends163%121%79%37%Gross margin, FY2021: 59.81%Gross margin, FY2022: 66.94%Gross margin, FY2023: 65.86%Gross margin, FY2024: 60.74%Gross margin, FY2025: 79.97%Operating margin, FY2021: 51.96%Operating margin, FY2022: 65.78%Operating margin, FY2023: 59.64%Operating margin, FY2024: 53.34%Operating margin, FY2025: 47.85%Net margin, FY2021: 152.70%Net margin, FY2022: 56.30%Net margin, FY2023: 59.19%Net margin, FY2024: 49.80%Net margin, FY2025: 47.45%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 59.81%. Gross margin FY2022 66.94%. Gross margin FY2023 65.86%. Gross margin FY2024 60.74%. Gross margin FY2025 79.97%. Operating margin FY2021 51.96%. Operating margin FY2022 65.78%. Operating margin FY2023 59.64%. Operating margin FY2024 53.34%. Operating margin FY2025 47.85%. Net margin FY2021 152.70%. Net margin FY2022 56.30%. Net margin FY2023 59.19%. Net margin FY2024 49.80%. Net margin FY2025 47.45%.

Income trends

Revenue

1.04B USD+2.80%

Operating income

498.77M USD-7.79%

Net income

494.61M USD-2.07%
Income trends across reported periods1.12B USD844.47M USD566.63M USD288.8M USDRevenue, FY2021: 689.51M USDRevenue, FY2022: 993.34M USDRevenue, FY2023: 973.58M USDRevenue, FY2024: 1.01B USDRevenue, FY2025: 1.04B USDOperating income, FY2021: 358.26M USDOperating income, FY2022: 653.44M USDOperating income, FY2023: 580.66M USDOperating income, FY2024: 540.88M USDOperating income, FY2025: 498.77M USDNet income, FY2021: 1.05B USDNet income, FY2022: 559.21M USDNet income, FY2023: 576.3M USDNet income, FY2024: 505.07M USDNet income, FY2025: 494.61M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 689.51M USD. Revenue FY2022 993.34M USD. Revenue FY2023 973.58M USD. Revenue FY2024 1.01B USD. Revenue FY2025 1.04B USD. Operating income FY2021 358.26M USD. Operating income FY2022 653.44M USD. Operating income FY2023 580.66M USD. Operating income FY2024 540.88M USD. Operating income FY2025 498.77M USD. Net income FY2021 1.05B USD. Net income FY2022 559.21M USD. Net income FY2023 576.3M USD. Net income FY2024 505.07M USD. Net income FY2025 494.61M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.04B USD1.01B USD973.58M USD993.34M USD689.51M USD
Cost of goods sold208.78M USD398.17M USD332.41M USD328.39M USD277.11M USD
Gross profit833.68M USD615.94M USD641.17M USD664.96M USD412.39M USD
Selling, general, and administrative64.41M USD54.23M USD43.48M USD36.58M USD43.95M USD
Operating expenses334.91M USD75.06M USD60.51M USD11.52M USD54.13M USD
Interest income19.55M USD12.89M USD12.13M USD4.59M USD12.23M USD
Interest expense46.56M USD29.78M USD20.46M USD62.14M USD68.99M USD
Depreciation and amortization207.44M USD143.81M USD108.07M USD77.57M USD89.3M USD
Operating income498.77M USD540.88M USD580.66M USD653.44M USD358.26M USD
Net income494.61M USD505.07M USD576.3M USD559.21M USD1.05B USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$105

29.88% downside
Past 12 months12-month forecastHigh $105Average $105Low $105

Rating distribution

6 ratings
Strong buy00%
Buy350%
Hold350%
Sell00%
Strong sell00%

DAC news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$3.45

2025 complete year-86.8% since 2008

2026 partial: $2.70

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 21, 2026

$0.90

Irregular

Record Jul 21, 2026 · Payment Jul 30, 2026

Dividend

Ex-dividend May 26, 2026

$0.90

Quarterly

Record May 26, 2026 · Payment Jun 4, 2026

Dividend

Ex-dividend Feb 23, 2026

$0.90

Quarterly

Record Feb 23, 2026 · Payment Mar 4, 2026

Dividend

Ex-dividend Dec 2, 2025

$0.90

Quarterly

Record Dec 2, 2025 · Payment Dec 11, 2025

Dividend

Ex-dividend Aug 19, 2025

$0.85

Quarterly

Record Aug 19, 2025 · Payment Aug 28, 2025

Dividend

Ex-dividend May 27, 2025

$0.85

Quarterly

Record May 27, 2025 · Payment Jun 5, 2025

DAC peers

ETFs holding DAC

Funds reporting this stock among their holdings, ordered by reported position size.

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