Danaos Corporation
DAC Industrials Marine Shipping
Danaos Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 2.80% from fiscal 2024.
- Revenue
- +4.66%
- EPS
- +16.8%
- Free cash flow
- −81.1%
- Total debt
- +59.1%
Quarter to June 2026, against a year earlier
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Danaos Corporation (DAC) Current ratio
Danaos Corporation's current ratio at the end of the quarter to 30 June 2026 was 9.3×, up 6.0× from fiscal 2025 (3.3×). Over the past ten years it has ranged from 0.1× (fiscal 2017) to 4.0× (fiscal 2024); the current reading is higher than 91% of that period. That is above the Marine Shipping industry median of 1.7× and above the Industrials sector median of 1.8×.
Current ratio, annual
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Annual newest first
| Period | Current ratio | Change |
|---|---|---|
| FY2025 | 3.3× | (17.29%) |
| FY2024 | 4.0× | 33.09% |
| FY2023 | 3.0× | 82.95% |
| FY2022 | 1.6× | (17.66%) |
| FY2021 | 2.0× | 300.81% |
| FY2020 | 0.5× | (42.09%) |
| FY2019 | 0.9× | 58.71% |
| FY2018 | 0.5× | 916.45% |
| FY2017 | 0.1× | (0.19%) |
| FY2016 | 0.1× | (87.03%) |
Quarterly newest first
| Period | Current ratio | Change |
|---|---|---|
| Jun 2026 | 9.3× | 7.38% |
| Mar 2026 | 8.7× | 163.67% |
| Dec 2025 | 3.3× | (28.84%) |
| Sep 2025 | 4.6× | (13.83%) |
| 42 more quarters | Free account |
Against its own ten years
Current ratio against peers
| Company | Current ratio |
|---|---|
| DAC Danaos Corporation | 9.3× |
| ECO Okeanis Eco Tankers Corp. compare | 4.4× |
| CMRE Costamare Inc. compare | 2.5× |
| GSL Global Ship Lease, Inc. compare | 2.1× |
| SBLK Star Bulk Carriers Corp. compare | 1.9× |
| HAFN Hafnia Limited compare | 1.7× |
| NMM Navios Maritime Partners LP compare | 1.5× |
| ZIM ZIM Integrated Shipping Services Ltd. compare | 1.2× |
| SFL SFL Corporation Ltd. compare | 0.4× |
| Marine Shipping industry median | 1.7× |
| Industrials sector median | 1.8× |
| Market median | 1.6× |
What Current ratio is
Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.
Current Assets (Total) ÷ Current Liabilities (Total)
More on DAC
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement