Danaos Corp DAC
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No price or market cap here: this company files no 10-K, so the only share count SEC publishes for it counts its ordinary shares in its home market, while its US listing is a depositary receipt standing for some number of them. That number is in no filing, so a price multiplied by that count is not this company's value and is not shown. The financial statements below are as filed.
Valuation FY2025 figures against the last close
P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS26.76
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.04B | $1.01B | $973.6M | $993.3M | $689.5M | $461.6M | $447.2M | $458.7M | $451.7M | $498.3M |
| SG&A | $64.4M | $54.2M | $43.5M | $36.6M | $44.0M | $24.3M | $26.8M | $26.3M | $22.7M | $22.1M |
| Operating income | $498.8M | $540.9M | $580.7M | $653.4M | $358.3M | $199.5M | $201.1M | -$12.1M | $187.5M | -$212.6M |
| Interest expense | — | $26.2M | $20.5M | $62.1M | $69.0M | $53.5M | $72.1M | $85.7M | $86.6M | $83.0M |
| Pre-tax income | $494.6M | $505.1M | $576.3M | $577.5M | $1.06B | $153.6M | $131.3M | — | — | — |
| Income tax | $0 | $0 | $0 | $18.2M | $5.9M | — | — | — | — | — |
| Net income | $494.6M | $505.1M | $576.3M | $559.2M | $1.05B | $153.6M | $131.3M | -$32.9M | $83.9M | -$366.2M |
| EPS, basic | 26.83 | 26.15 | 28.99 | 27.30 | 51.75 | 6.51 | 8.29 | -3.10 | 10.70 | — |
| EPS, diluted | 26.76 | 26.05 | 28.95 | 27.28 | 51.15 | 6.45 | 8.09 | -3.10 | 10.70 | -3.34 |
| Shares, diluted (wtd. avg.) | $18.5M | $19.4M | $19.9M | $20.5M | $20.6M | $23.8M | $16.2M | $10.6M | $7.8M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.04B | $453.4M | $271.8M | $267.7M | $129.8M | $65.7M | $139.2M | $77.3M | $66.9M | $76.5M |
| Short-term investments | $120.2M | $60.9M | $86.0M | — | — | — | — | — | — | — |
| Receivables | $38.7M | $25.6M | $9.9M | $5.6M | $7.1M | $7.6M | $7.1M | $9.2M | $6.5M | $8.0M |
| Inventory | $23.4M | $23.9M | $24.5M | $16.1M | $12.6M | $9.6M | $8.5M | $8.9M | $8.8M | $11.4M |
| Total current assets | $1.32B | $671.0M | $501.8M | $372.5M | $632.5M | $118.4M | $190.4M | $119.8M | $126.0M | $136.0M |
| Property, plant and equipment | $3.27B | $3.29B | $2.75B | $2.72B | $2.86B | $2.48B | $2.39B | $2.48B | $2.80B | $2.91B |
| Total assets | $5.11B | $4.34B | $3.66B | $3.40B | $3.63B | $2.71B | $2.68B | $2.68B | $2.99B | $3.13B |
| Accounts payable | $17.3M | $29.0M | $22.8M | $24.5M | $18.9M | $10.6M | $11.2M | $10.5M | $11.4M | $11.2M |
| Short-term debt | $283.0M | $35.2M | $21.3M | $27.5M | $95.8M | $155.7M | $119.7M | $113.8M | $2.33B | $2.50B |
| Total current liabilities | $401.7M | $169.0M | $168.2M | $228.4M | $319.3M | $239.7M | $223.1M | $222.7M | $2.38B | $2.57B |
| Long-term debt | $872.1M | $699.6M | $382.9M | $402.4M | $1.02B | $1.19B | $1.27B | $1.51B | — | — |
| Total liabilities | $1.32B | $918.9M | $644.8M | $839.8M | $1.54B | $1.68B | $1.80B | $1.99B | $2.44B | $2.64B |
| Retained earnings | $3.28B | $2.84B | $2.40B | $1.89B | $1.39B | $366.7M | $213.1M | $81.8M | $114.8M | $30.9M |
| Total equity | $3.80B | $3.42B | $3.02B | $2.56B | $2.09B | $1.04B | $881.7M | $690.9M | $548.7M | $487.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $644.8M | $621.8M | $576.3M | $934.7M | $428.1M | $265.7M | $219.9M | $164.7M | $181.1M | $262.0M |
| Depreciation and amortisation | $163.4M | $148.3M | $129.3M | $131.2M | $113.8M | $101.5M | $96.5M | $107.8M | $115.2M | $129.0M |
| Stock-based compensation | $16.8M | $14.6M | $12.7M | $6.0M | $15.3M | $1.2M | $4.2M | $1.0M | — | $76.0K |
| Capital expenditure | — | — | — | — | — | $31.0M | — | — | — | — |
| Investing cash flow | -$325.7M | -$650.8M | -$338.5M | $176.6M | -$143.1M | -$170.7M | -$21.4M | -$8.2M | $1.8M | -$9.4M |
| Financing cash flow | $264.9M | $210.6M | -$233.6M | -$973.4M | -$220.9M | -$168.4M | -$136.6M | -$148.9M | -$189.7M | -$251.1M |
| Dividends paid | $63.5M | $62.8M | $60.7M | $61.5M | $30.9M | — | — | — | — | — |
| Buybacks | $75.7M | $53.3M | $70.6M | $28.6M | — | $31.1M | — | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-021574.
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