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) Debt to equity

Alert me on Debt to equity

Danaos Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.3×, down 0.0× from fiscal 2025 (0.3×). Over the past ten years it has ranged from 0.1× (fiscal 2023) to 5.1× (fiscal 2016); the current reading is higher than 36% of that period. That is below the Marine Shipping industry median of 0.4× and below the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.3× 41.86%
FY2024 0.2× 60.07%
FY2023 0.1× (27.68%)
FY2022 0.2× (69.05%)
FY2021 0.6× (56.90%)
FY2020 1.4× (19.00%)
FY2019 1.7× (26.95%)
FY2018 2.3× (44.70%)
FY2017 4.2× (17.34%)
FY2016 5.1× 57.79%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.3× 14.02%
Mar 2026 0.3× (14.00%)
Dec 2025 0.3× 50.05%
Sep 2025 0.2× (4.29%)
42 more quarters

Against its own ten years

Low 0.1× High 5.1×
Ten-year median 1.4×
Current reading's percentile 36

Debt to equity against peers

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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