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

148.78 3.67 −2.41%
Market cap
$2.7B
P/E
5.0×
Fwd P/E
5.4×
Dividend yield
2.42%
F-score
4/9
Altman Z
2.43
Beneish M
−2.58
Dividend safety
78/100

Danaos Corporation (DAC) Current ratio

Alert me on 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

Embed this chart

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

Against its own ten years

Low 0.1× High 4.0×
Ten-year median 0.9×
Current reading's percentile 91

Current ratio against peers

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)

The full definition of Current ratio →

More on DAC