Saturday 17 October 2026 Export DAC’s income statement to Excel — free account

Danaos Corporation

Danaos Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 2.80% from fiscal 2024. In the quarter to June 2026, revenue grew 4.66%, EPS grew 16.8%, free cash flow fell 81.1% and total debt rose 59.1%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

158.17 0.55 −0.35%

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Market cap: $2.9B
P/E: 5.3×
Fwd P/E: 4.7×
Dividend yield: 2.28%
F-score: 4/9
Altman Z: 2.43
Beneish M: −2.58
Dividend safety: 78/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 53.80%

Capital & Financial Ratios $m

Market Cap 2,890.00

Revenue 1,055.06

Net Income 540.80

Free Cash Flow 194.98

Net Debt (20.72)

Current Ratio 9.30

Debt/Equity 0.30

P/E ratio 5.34

Fwd P/E 4.68

P/S ratio 2.73

P/B ratio 0.71

Past 5Y EPS Growth 32.92%

This Y EPS Growth 10.55%

Next Y EPS Growth (4.50%)

Next Y revenue growth 3.22%

Next 5Y EPS Growth 4.68%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 97.65%

10-year low 10-year high

P/S against its own 10 years 95.43%

10-year low 10-year high

P/B against its own 10 years 87.84%

10-year low 10-year high

EV/Sales against its own 10 years 39.11%

10-year low 10-year high

EV/FCF against its own 10 years 64.54%

10-year low 10-year high

Dividends

Payout Ratio 0.12

Annual Dividend Rate 3.60

Annual Dividend Yield 2.28%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	3.60	0.90 0.90 0.90 5.00
2025	3.45	0.85 0.85 0.85 0.90
2024	3.25	0.80 0.80 0.80 0.85
2023	3.05	0.75 0.75 0.75 0.80
2022	3.00	0.75 0.75 0.75 0.75
2021	1.50	0.50 0.50 0.50
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	272	453	1,037	1,231
Receivables	61	78	85	91
Inventory	25	24	23	23
Other	142	114	171	40
	502	671	1,319	1,390

	2023	2024	2025	Q'26
Payables	23	29	17	25
ST’ Debt	21	35	283	27
Other	40	31	36	33
	168	169	402	149

Compound Annual Growth %

	10y	5y	3y
Sales	6.26%	17.70%	1.62%
Cash Flow	9.03%	19.40%	(11.64%)
Earnings	15.51%	26.36%	(4.01%)
Book Value	16.25%	29.66%	14.02%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	254	274	—	—	—
’25	253	262	261	266	1,042
’24	253	246	256	258	1,014
’23	244	241	239	249	974
’22	230	251	260	252	993
’21	132	146	196	215	690
’20	106	117	119	120	462

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	163	204	—	—	—
’25	134	163	169	179	645
’24	153	154	158	157	622
’23	128	153	150	146	576
’22	119	501	169	145	935
’21	88	104	103	132	428
’20	55	61	69	80	266

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	11	27	—	—	—
’25	50	141	76	80	348
’24	30	(54)	(82)	68	(38)
’23	126	129	51	6	312
’22	130	419	158	158	865
’21	87	104	(159)	40	72
’20	13	5	62	15	95

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	7.70	8.32	—	—	—
’25	6.13	7.12	7.11	6.42	26.76
’24	7.68	7.23	6.30	4.70	26.05
’23	7.18	7.32	6.76	7.70	28.95
’22	16.00	0.40	3.29	7.54	27.28
’21	14.47	18.10	10.55	8.05	51.15
’20	1.17	1.55	1.73	2.07	6.45

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	30.10	17.50	7.84	5.36	2.50	21.00	51.10	51.19	69.33	65.40	Analyst estimates 2026–2028 Powerpack
	High	85.96	44.80	35.00	15.40	22.01	89.41	107.47	74.78	98.25	100.00
People
People	Employees	1,196	1,145	1,104	1,148	1,296	1,715	1,558	1,718	1,875	4,116
	Revenue/emp, $m	0.42	0.39	0.42	0.39	0.36	0.40	0.64	0.57	0.54	0.25
Income, $m
Income, $m	Revenue	498	452	459	447	462	690	993	974	1,014	1,042
	Gross margin, %	75.26	73.53	74.54	74.49	72.87	76.77	80.46	79.14	75.37	73.92
	EBT	(366)	84	(33)	131	154	1,059	577	576	505	495
	EBT margin, %	(73.48)	18.57	(7.18)	29.35	33.27	153.55	58.13	59.19	49.80	47.45
	Net income	(366)	84	(33)	131	154	1,053	559	576	505	495
	Depreciation	159	137	137	120	134	119	105	133	179	215
Per share, $
Per share, $	Revenue	63.56	57.61	43.18	28.24	19.57	33.89	48.50	48.98	52.50	56.56
	Earnings	(46.78)	10.64	(3.08)	8.29	6.51	51.75	27.30	28.99	26.15	26.83
	Cash flow	33.41	23.09	15.50	13.89	11.26	21.04	45.64	28.99	32.19	34.98
	Capex	0.08	(0.57)	(0.27)	(0.52)	(7.23)	(17.48)	(3.42)	(13.29)	(34.13)	(16.10)
	Free cash flow	33.49	22.52	15.24	13.37	4.03	3.56	42.22	15.70	(1.95)	18.88
	Book value	62.21	69.98	65.03	55.68	43.90	102.63	125.01	151.73	177.30	205.92
	Shares, m	8	8	11	16	24	20	20	20	19	18
Valuation, ×
Valuation, ×	P/E	0.00	1.91	0.00	1.10	3.26	1.44	1.96	2.57	3.06	3.51
	P/S	0.61	0.35	0.24	0.33	1.10	2.20	1.10	1.52	1.53	1.67
	P/B	0.62	0.29	0.16	0.16	0.49	0.73	0.43	0.49	0.45	0.46
	EV/Sales	10.25	10.61	3.61	3.40	4.07	3.83	1.31	1.66	1.80	1.66
	EV/FCF	19.45	27.15	10.23	7.17	19.77	36.46	1.51	5.17	(48.63)	4.98
Cash, $m
Cash, $m	Operating cash flow	262	181	165	220	266	428	935	576	622	645
	Capex	1	(4)	(3)	(8)	(171)	(356)	(70)	(264)	(659)	(297)
	Free cash flow	263	177	162	212	95	72	865	312	(38)	348
Balance, $m
Balance, $m	Working capital	(2,430)	(2,254)	(103)	(33)	(121)	313	144	334	502	918
	Total debt	2,505	2,330	1,622	1,512	1,439	1,250	474	404	735	1,155
	Net debt	2,428	2,260	1,545	1,373	1,373	1,120	207	132	281	118
	Shareholders’ equity	488	549	691	882	1,036	2,088	2,560	3,016	3,425	3,796
Returns, %
Returns, %	ROA	(10.79)	2.74	(1.16)	4.89	5.69	33.20	15.92	16.32	12.62	10.46
	ROIC	(4.56)	4.17	(0.34)	5.57	5.18	6.98	14.76	11.53	9.12	7.97
	ROE	(55.08)	16.19	(5.31)	16.69	16.02	67.41	24.06	20.67	15.68	13.70

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
HAFN Hafnia Limited	$5.4B	7.6×	—	+47.21% (above 0%: growing)	+273.33% (above 0%: growing)	+193.17% (above 0%: growing)	37.79%	34.33%	Compare
ZIM ZIM Integrated Shipping Services Ltd.	$3.6B	25.2×	— (loss-making)	+8.86% (above 0%: growing)	+178.95% (above 0%: growing)	−9.51% (below 0%: shrinking)	14.32%	8.10%	Compare
ECO Okeanis Eco Tankers Corp.	$3.4B	8.4×	4.2×	+239.40% (above 0%: growing)	+602.38% (above 0%: growing)	+196.66% (above 0%: growing)	80.71%	74.97%	Compare
SBLK Star Bulk Carriers Corp.	$3.1B	10.9×	7.5×	+44.46% (above 0%: growing)	+433,233.33% (above 0%: growing)	+25.84% (above 0%: growing)	56.88%	43.38%	Compare
DAC Danaos Corporation	$2.9B	5.3×	4.7×	+4.66% (above 0%: growing)	+16.81% (above 0%: growing)	−81.11% (below 0%: shrinking)	72.84%	48.38%
NMM Navios Maritime Partners LP	$2.5B	5.7×	4.1×	+25.22% (above 0%: growing)	+147.01% (above 0%: growing)	+252.84% (above 0%: growing)	65.58%	39.64%	Compare
SFL SFL Corporation Ltd.	$1.9B	25.8×	29.6×	+4.25% (above 0%: growing)	+2,400.00% (above 0%: growing)	−18.32% (below 0%: shrinking)	63.23%	32.49%	Compare
CMRE Costamare Inc.	$1.7B	5.3×	6.3×	−4.00% (below 0%: shrinking)	−7.25% (below 0%: shrinking)	−269.21% (below 0%: shrinking)	71.38%	46.73%	Compare
GSL Global Ship Lease, Inc.	$1.5B	4.0×	3.9×	+3.56% (above 0%: growing)	−4.98% (below 0%: shrinking)	+0.47% (above 0%: growing)	68.06%	47.24%	Compare
Median of peers	$2.8B	8.0×	5.3×	+17.04%	+226.14%	+13.16%	64.41%	41.51%

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