Danaos (DAC) Financials

$132.57 +0.17 (+0.13%)

Closing price 03:59 PM Eastern

Extended Trading

$132.67 +0.10 (+0.07%)

As of 04:04 PM Eastern

Annual Income Statements for Danaos

This table shows Danaos' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	117	-366	84	-33	131	154	1,053	559	576	505	495
Consolidated Net Income / (Loss)	117	-366	84	-33	131	154	1,053	559	576	505	495
Net Income / (Loss) Continuing Operations	117	-366	84	-33	131	154	1,053	559	576	505	495
Total Pre-Tax Income	117	-366	84	-33	131	154	1,059	577	576	505	495
Total Operating Income	244	-213	187	-12	201	199	358	653	581	541	499
Total Gross Profit	568	482	452	459	447	462	690	993	974	1,014	1,042
Total Revenue	568	498	452	459	447	462	690	993	974	1,014	1,042
Operating Revenue	568	498	452	459	447	462	690	993	974	1,014	1,042
Total Cost of Revenue	0.00	16	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	324	695	264	471	246	262	331	340	393	473	544
Selling, General & Admin Expense	22	22	23	26	27	24	44	37	43	54	64
Depreciation Expense	132	129	115	108	97	102	117	134	129	148	163
Amortization Expense	3.85	5.53	6.75	9.24	8.73	11	10	12	19	29	44
Other Operating Expenses / (Income)	125	123	120	117	114	125	160	194	203	250	272
Other Special Charges / (Income)	0.00	0.04	-	-	-	0.00	0.00	-37	-1.64	-8.33	0.00
Total Other Income / (Expense), net	-127	-154	-104	-21	-70	-46	700	-76	-4.36	-36	-4.15
Interest Expense	84	83	87	-31	72	54	-43	58	23	26	45
Interest & Investment Income	1.48	-12	6.54	7.15	8.02	13	658	-6.40	27	-4.64	50
Other Income / (Expense), net	-44	-59	-24	-59	-5.77	-5.37	-0.41	-12	-8.71	-4.98	-8.54
Income Tax Expense	-	-	-	-	0.00	0.00	5.89	18	0.00	0.00	0.00
Basic Earnings per Share	$1.07	($3.34)	$10.70	($3.10)	$8.29	$6.51	$51.75	$27.30	$28.99	$26.15	$26.83
Weighted Average Basic Shares Outstanding	109.79M	109.80M	7.84M	10.62M	15.83M	23.59M	20.35M	20.48M	19.88M	19.32M	18.43M
Diluted Earnings per Share	$1.07	($3.34)	$10.70	($3.10)	$8.09	$6.45	$51.15	$27.28	$28.95	$26.05	$26.76
Weighted Average Diluted Shares Outstanding	109.79M	109.80M	7.84M	10.62M	16.22M	23.81M	20.58M	20.50M	19.90M	19.38M	18.48M
Weighted Average Basic & Diluted Shares Outstanding	109.79M	109.80M	109.82M	148.72M	0.00	20.45M	20.72M	20.35M	19.42M	18.99M	18.26M
Cash Dividends to Common per Share	-	-	-	-	-	-	$1.50	$3.00	-	$0.80	$0.85

No quarterly income statements for Danaos are available.

This table details how cash moves in and out of Danaos' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	15	1.46	-6.82	7.57	62	-74	64	138	4.14	182	584
Net Cash From Operating Activities	272	262	181	165	220	266	428	935	576	622	645
Net Cash From Continuing Operating Activities	272	262	181	165	220	266	428	935	576	622	645
Net Income / (Loss) Continuing Operations	117	-366	84	-33	131	154	1,053	559	576	505	495
Consolidated Net Income / (Loss)	117	-366	84	-33	131	154	1,053	559	576	505	495
Depreciation Expense	132	129	115	108	97	102	117	134	129	148	163
Amortization Expense	22	30	22	29	29	32	2.10	-29	3.26	31	51
Non-Cash Adjustments To Reconcile Net Income	44	484	-2.95	84	-0.59	-19	-712	119	-30	-16	-45
Changes in Operating Assets and Liabilities, net	-43	-15	-37	-24	-37	-2.82	-32	152	-102	-46	-20
Net Cash From Investing Activities	-13	-9.38	1.76	-8.25	-21	-171	-143	177	-339	-651	-326
Net Cash From Continuing Investing Activities	-13	-9.38	1.76	-8.25	-21	-171	-143	177	-339	-651	-326
Purchase of Investments	-	-	-	-	0.00	-0.08	0.00	0.00	-74	-1.64	-31
Sale of Property, Plant & Equipment	1.05	5.18	-	-	-	0.00	0.00	129	3.91	10	1.68
Other Investing Activities, net	-1.11	-4.56	-4.48	-5.42	-16	-171	-356	-199	-268	-659	-297
Net Cash From Financing Activities	-244	-251	-190	-149	-137	-168	-221	-973	-234	211	265
Net Cash From Continuing Financing Activities	-244	-251	-190	-149	-137	-168	-221	-973	-234	211	265
Repayment of Debt	-244	-251	-190	-476	-293	-167	-1,366	-909	-29	-35	-217
Repurchase of Common Equity	-	0.00	0.00	-0.17	-0.87	-31	0.00	-29	-71	-53	-76
Payment of Dividends	-	-	-	-	0.00	0.00	-31	-61	-61	-63	-64
Issuance of Debt	0.01	0.00	0.00	326	0.00	70	1,105	183	0.00	362	621
Other Financing Activities, net	-	0.00	0.00	1.44	157	-40	71	-157	-73	0.00	0.00
Cash Interest Paid	72	69	75	72	55	35	43	54	18	22	34

No quarterly cash flow statements for Danaos are available.

This table presents Danaos' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	3,662	3,127	2,986	2,680	2,683	2,714	3,627	3,400	3,661	4,344	5,114
Total Current Assets	128	136	126	120	190	118	632	373	502	671	1,319
Cash & Equivalents	72	74	67	77	139	66	129	268	272	453	1,037
Accounts Receivable	30	41	41	27	28	28	29	40	61	78	85
Inventories, net	11	11	8.84	8.88	8.49	9.62	13	16	25	24	23
Prepaid Expenses	1.08	1.35	1.23	1.21	1.46	0.86	2.03	1.31	1.92	1.90	2.09
Other Current Assets	11	6.05	5.71	5.18	14	14	459	48	142	114	171
Plant, Property, & Equipment, net	3,446	2,907	2,796	2,480	2,390	2,480	2,862	2,721	2,747	3,290	3,270
Total Noncurrent Assets	88	84	64	80	103	116	133	306	413	382	525
Other Noncurrent Operating Assets	77	79	58	72	94	101	133	306	413	382	525
Total Liabilities & Shareholders' Equity	3,662	3,127	2,986	2,680	2,683	2,714	3,627	3,400	3,661	4,344	5,114
Total Liabilities	2,820	2,639	2,438	1,989	1,801	1,679	1,539	840	645	919	1,318
Total Current Liabilities	312	2,566	2,380	223	223	240	319	228	168	169	402
Short-Term Debt	270	2,505	2,330	114	120	156	96	28	21	35	283
Accounts Payable	13	11	11	10	11	11	19	25	23	29	17
Accrued Expenses	14	15	15	12	8.53	11	21	21	20	24	29
Current Deferred Revenue	9.85	28	23	20	18	19	83	111	64	50	37
Other Current Liabilities	5.33	7.01	0.79	31	32	25	94	44	40	31	36
Total Noncurrent Liabilities	2,508	73	58	1,766	1,578	1,439	1,220	611	477	750	917
Long-Term Debt	2,470	-	0.00	1,508	1,271	1,187	1,018	402	383	700	872
Noncurrent Deferred Revenue	24	71	56	42	29	20	38	112	60	23	2.62
Other Noncurrent Operating Liabilities	13	2.48	1.69	216	279	232	164	97	34	27	42
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	842	488	549	691	882	1,036	2,088	2,560	3,016	3,425	3,796
Total Preferred & Common Equity	842	488	549	691	882	1,036	2,088	2,560	3,016	3,425	3,796
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	842	488	549	691	882	1,036	2,088	2,560	3,016	3,425	3,796
Common Stock	548	548	548	728	786	756	771	748	690	651	592
Retained Earnings	397	31	115	82	213	367	1,389	1,886	2,402	2,844	3,275
Accumulated Other Comprehensive Income / (Loss)	-103	-91	-114	-119	-117	-87	-71	-74	-76	-70	-71

No quarterly balance sheets for Danaos are available.

This table displays calculated financial ratios and metrics derived from Danaos' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	18,264,294.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	18,264,294.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	27.08
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Net Operating Profit after Tax (NOPAT)	244	-149	187	-8.49	201	199	356	633	581	541	499
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	21.16%	16.98%	13.00%	10.07%
Earnings before Interest and Taxes (EBIT)	200	-272	164	-71	195	194	358	642	572	536	490
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	354	-113	301	66	321	328	477	747	705	715	705
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	345	436	296	530	307	42	-406	988	155	-17	292
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,496	2,911	2,803	2,264	2,158	2,316	3,078	2,723	3,148	3,706	3,913
Increase / (Decrease) in Invested Capital	-101	-585	-108	-539	-106	158	762	-355	426	558	207
Book Value per Share	$7.68	$4.44	$5.00	$6.29	$4.13	$43.90	$102.11	$123.59	$148.22	$176.37	$205.92
Tangible Book Value per Share	$7.68	$4.44	$5.00	$6.29	$4.13	$43.90	$102.11	$123.59	$148.22	$176.37	$205.92
Total Capital	3,582	2,993	2,878	2,313	2,272	2,379	3,202	2,990	3,420	4,160	4,951
Total Debt	2,740	2,505	2,330	1,622	1,390	1,343	1,114	430	404	735	1,155
Total Long-Term Debt	2,470	0.00	0.00	1,508	1,271	1,187	1,018	402	383	700	872
Net Debt	2,654	2,423	2,254	1,537	1,242	1,262	984	162	132	281	118
Capital Expenditures (CapEx)	-1.05	-5.18	0.00	2.83	5.68	0.00	0.00	-129	-3.91	-10	-1.68
Debt-free, Cash-free Net Working Capital (DFCFNWC)	10	-1.92	6.05	-66	-52	-31	279	-96	83	84	163
Debt-free Net Working Capital (DFNWC)	85	75	76	11	87	34	409	172	355	537	1,201
Net Working Capital (NWC)	-185	-2,430	-2,254	-103	-33	-121	313	144	334	502	918
Net Nonoperating Expense (NNE)	127	217	104	24	70	46	-697	74	4.36	36	4.15
Net Nonoperating Obligations (NNO)	2,654	2,423	2,254	1,573	1,276	1,280	990	162	132	281	118
Total Depreciation and Amortization (D&A)	154	159	137	137	126	134	119	105	133	179	215
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$14.98	($46.76)	$10.64	($3.08)	$8.29	$6.51	$51.75	$27.30	$28.99	$26.15	$26.83
Adjusted Weighted Average Basic Shares Outstanding	7.84M	7.84M	7.84M	15.24M	15.83M	23.59M	20.35M	20.48M	19.88M	19.32M	18.43M
Adjusted Diluted Earnings per Share	$14.98	($46.76)	$10.64	($3.08)	$8.09	$6.45	$51.15	$27.28	$28.95	$26.05	$26.76
Adjusted Weighted Average Diluted Shares Outstanding	7.84M	7.84M	7.84M	15.24M	16.22M	23.81M	20.58M	20.50M	19.90M	19.38M	18.48M
Adjusted Basic & Diluted Earnings per Share	$14.98	($46.76)	$10.64	($3.08)	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	7.84M	7.84M	7.84M	10.62M	0.00	20.45M	20.72M	20.35M	19.42M	18.99M	18.26M
Normalized Net Operating Profit after Tax (NOPAT)	200	142	131	139	141	140	356	597	405	373	349
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

No quarterly metrics and ratios for Danaos are available.

Financials Breakdown Chart

Danaos Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Danaos' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Danaos' net income appears to be on an upward trend, with a most recent value of $494.61 million in 2025, rising from $117.02 million in 2015. The previous period was $505.07 million in 2024. Check out Danaos' forecast to explore projected trends and price targets.

Danaos' total operating income in 2025 was $498.77 million, based on the following breakdown:

Total Gross Profit: $1.04 billion
Total Operating Expenses: $543.69 million

Over the last 10 years, Danaos' total revenue changed from $567.94 million in 2015 to $1.04 billion in 2025, a change of 83.6%.

Danaos' total liabilities were at $1.32 billion at the end of 2025, a 43.5% increase from 2024, and a 53.3% decrease since 2015.

In the past 10 years, Danaos' cash and equivalents has ranged from $65.66 million in 2020 to $1.04 billion in 2025, and is currently $1.04 billion as of their latest financial filing in 2025.

Over the last 10 years, Danaos' book value per share changed from 7.68 in 2015 to 205.92 in 2025, a change of 2,582.4%.

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Financial statements for NYSE:DAC last updated on 3/4/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Danaos (DAC) Financials

Financials Breakdown Chart

Danaos Financials - Frequently Asked Questions

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Danaos (DAC) Financials

Annual Income Statements for Danaos

Quarterly Income Statements for Danaos

Annual Cash Flow Statements for Danaos

Quarterly Cash Flow Statements for Danaos

Annual Balance Sheets for Danaos

Quarterly Balance Sheets for Danaos

Annual Metrics And Ratios for Danaos

Quarterly Metrics And Ratios for Danaos

Financials Breakdown Chart

Danaos Financials - Frequently Asked Questions

When does Danaos' financial year end?

How has Danaos' net income changed over the last 10 years?

What is Danaos' operating income?

How has Danaos' revenue changed over the last 10 years?

How much debt does Danaos have?

How much cash does Danaos have?

How has Danaos' book value per share changed over the last 10 years?

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