Danaos/$DAC

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About Danaos

Danaos Corp is an international owner of containerships. It provides international seaborne transportation services by operating vessels in the containership sector of the shipping industry. The company's customers include, HMM, MSC, Yang Ming, Hapag Lloyd, ZIM, Maersk, COSCO, OOCL, ONE, PIL, Sealead, Niledutch, Samudera, OSC, and Arkas. Geographically, the company operates in Australia-Asia, Europe, and America, with maximum revenue from the Australia-Asia region. It has two reporting segments Container vessels and Drybulk vessels segment. It generates the majority of its revenue from Container vessels.

Ticker

$DAC

Sector

Mobility

Primary listing

NYSE

Employees

4

Headquarters

Piraeus, Greece

Danaos Metrics

BasicAdvanced
$1.7B
3.89
$24.30
1.42
$3.40
3.59%

What the Analysts think about Danaos

Analyst ratings (Buy, Hold, Sell) for Danaos stock.

Bulls say / Bears say

Danaos has secured a $3.6 billion contracted revenue backlog, with 99% charter coverage for 2025 and 88% for 2026, shielding cash flows from volatile spot rate movements such as the 58% slide in Asia–U.S. container rates since June 2025 (Danaos; Reuters)
The container vessels segment recorded a time charter equivalent (TCE) rate of $36,323 per day in Q2 2025, far above current spot rates of around $2,500–$2,800 per day, securing high-margin earnings despite falling market rates (Danaos; WSJ)
Danaos’ orderbook of 16 newbuilding containerships—designed for IMO Tier III and EEDI Phase III emission standards, methanol-ready with scrubbers and AMP units—are all under multi-year charters averaging 5.2 years, positioning the fleet for stricter decarbonization requirements and rising demand for eco-friendly vessels (Danaos; Reuters)
Net income from the container vessels segment dropped to $115.9 million in Q2 2025 from $133.7 million a year ago, reflecting weaker charter rates after spot Asia–U.S. container rates fell more than 50% since June 2025 (Danaos; Reuters)
The drybulk vessels segment posted an adjusted net loss of $6.3 million for the first half of 2025, compared to income of $2.6 million a year earlier, highlighting ongoing weakness in drybulk markets amid sluggish commodity demand from China (Danaos; Reuters)
Vessel operating expenses rose by $17.9 million to $108.1 million in H1 2025, pushing average daily operating costs up 8.4% to $7,294 and pressuring margins as compliance and maintenance costs increase under stricter environmental regulations (Danaos; Reuters)
Data summarised monthly by Lightyear AI. Last updated on 7 Sept 2025.

Danaos Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Danaos Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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