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

Primary listing

NYSE

Industry

Marine Transportation

Headquarters

Piraeus, Greece

Employees

4

ISIN

MHY1968P1218

Danaos Metrics

BasicAdvanced
$1.7B
3.64
$24.48
1.34
$3.35
3.82%

What the Analysts think about Danaos

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

Bulls say / Bears say

Danaos Corporation reported a strong adjusted net income of $567.6 million for 2023, indicating robust financial performance. (hellenicshippingnews.com)
The company expanded its fleet by acquiring seven Capesize vessels in 2023, diversifying its revenue streams and enhancing its market position. (hellenicshippingnews.com)
Danaos declared a dividend of $0.80 per share for Q4 2023, reflecting a commitment to returning value to shareholders. (hellenicshippingnews.com)
Operating revenues for the container vessels segment decreased by 2.7% in 2024 compared to 2023, primarily due to lower charter rates and decreased vessel utilization. (danaos.com)
The company reported a net loss of $1.9 million in its drybulk vessels segment for the year ended December 31, 2023, indicating challenges in this market. (fox59.com)
Danaos' outstanding debt increased to $744.5 million as of December 31, 2024, up from $410.5 million the previous year, potentially impacting financial flexibility. (danaos.com)
Data summarised monthly by Lightyear AI. Last updated on 8 Jul 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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