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Danaos Corp (DAC) stock

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NYSE: DAC NYSE Marine Transportation Next results ~November 16, 2026

B Fundamentals grade

Danaos Corp is a US-listed company in the marine transportation industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: our cash-flow value ($429.78) is 2.80x the share price ($153.74) and 13.25x the median of our other models ($32.44); the other models don't support a gap this wide.

Price vs value

Under review: our cash-flow value ($429.78) is 2.80x the share price ($153.74) and 13.25x the median of our other models ($32.44); the other models don't support a gap this wide. We'll show the comparison once resolved.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds71 adding, 58 cuttingOf 25 active managers that changed their stake, 11 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Danaos files

Where Danaos stands after its latest Filing

Revenue for the twelve months was $1.04bn, up 2.8% on a year earlier, slower than the 4.2% growth a quarter earlier. Free-cash-flow margin held at 46.2%. Operating margin narrowed to 47.8% from 52.0%. The diluted share count is down 4.7% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades B. It passes 5 of our 6 financial-health checks.

Our model value for Danaos is under review, so past values are not shown until it is resolved.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 16, 2026 (estimated)

Danaos Corp's trailing-twelve-month revenue grew 2.8% year on year, with a free-cash-flow margin of 46.2%. Where it stands out: net margin of 47.4% ranks 6 of 42 marine transportation companies we cover.

Our discounted-cash-flow model values the business at ~$430 per share in the base case (~$320–$570 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Operating margin compressing: TTM operating margin fell to 47.8%, down 5.5pp year over year.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • High operating margin. 47.8% of revenue is left as operating profit, against a median of 19.8% for marine transportation companies we cover.
  • Strong cash generation. 46.2% of revenue turned into free cash flow, against a median of 13.6% for marine transportation companies we cover.
  • Shrinking share count. Diluted shares fell 4.7% in a year, so each share owns more of the business.
  • Net cash. Cash exceeds long-term debt by $0.2bn.

Things to watch

  • Margins narrowing. Operating margin is down 5.5 points on a year ago.
  • Heavily shorted. 19.6% of the shares available to trade are sold short (9.4 days of average volume to cover).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.
  • Earnings expected to fall. The consensus expects earnings per share to fall 11% next year.

Latest results

Earnings per share
$7.29 against an average estimate of $7.60: missed by 4.1%
Next report
November 16, 2026

Danaos' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-1.9%
  • 1 week-2.6%
  • 1 month-6.2%
  • This year+68.1%
  • 1 year+74.0%
  • 5 years+142.0%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1B
Operating margin
47.8%
Net margin
47.4%
EPS (TTM, diluted)
$26.76

Growth

Revenue growth
+2.8%
Change in growth rate
−1.4 pts
Share count change
−4.7%

Cash

Free cash flow (TTM)
$481M
FCF margin
46.2%
Stock pay % of revenue
1.6%

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for DAC from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: our cash-flow value ($429.78) is 2.80x the share price ($153.74) and 13.25x the median of our other models ($32.44); the other models don't support a gap this wide.

Our value per share comes from a discounted-cash-flow model of Danaos Corp's free cash flow after stock-based pay ( $467M, FY2025 Q4 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Danaos Corp as an operating company, with every model that fits that kind of business. Cost of equity 8.7%: the 10-year Treasury yield (4.9%) plus a beta of 0.83 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$430 ~$320–$570 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$32 ~$130–$410 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$1600 ~$1100–$2400 Left out: out of range vs price (10.54x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$920 ~$790–$1100 Left out: out of range vs price (6.01x)
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Danaos Corp with Marine Transportation in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

Danaos Corp: market value and multiples by fiscal year
At fiscal year end 20152016201720182019202020212022202320242025
Share price$68.86$30.46$16.67$8.62$7.54$17.60$62.66$46.01$67.87$76.30$91.57
Market value$540m$239m$131m$92m$122m$419m$1.3bn$943m$1.4bn$1.5bn$1.7bn
+ Net debt (− = net cash)$2.7bn$2.5bn−$67m$1.5bn$1.3bn$1.3bn$984m$162m$132m$281m$118m
Enterprise value$3.2bn$2.7bn$64m$1.6bn$1.4bn$1.7bn$2.3bn$1.1bn$1.5bn$1.8bn$1.8bn
Multiples
Price / sales 1.0x0.5x0.3x0.2x0.3x0.9x1.9x0.9x1.4x1.5x1.6x
Price / earnings 4.6x—1.6x—0.9x2.7x1.2x1.7x2.3x2.9x3.4x
Price / free cash flow ———————————
EV / EBITDA 8.6x—0.2x17.1x4.6x5.6x4.8x1.4x2.1x2.6x2.7x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 16, 2026, after the close. Analysts expect revenue of $274m for the quarter.

Analysts' consensus

Danaos Corp: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $27.60 +5% $1.1bn +13%
Next $24.50 −11% $1.1bn +2%

Next year's EPS estimate has moved 0.0% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is 0.0% on 90 days ago. In the last 30 days, 0 analysts raised Danaos Corp's forecast and 1 cut it.

Consensus EPS forecast Danaos Corp, last 90 days
$24.00 $25.00 $26.00 $27.00 $28.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $27.60 Current fiscal year, 60 days ago: $27.60 Current fiscal year, 30 days ago: $27.60 Current fiscal year, 7 days ago: $27.60 Current fiscal year, Now: $27.60 $27.60 Next fiscal year, 90 days ago: $24.50 Next fiscal year, 60 days ago: $24.50 Next fiscal year, 30 days ago: $24.50 Next fiscal year, 7 days ago: $24.50 Next fiscal year, Now: $24.50 $24.50

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $27.60$24.50
60 days ago $27.60$24.50
30 days ago $27.60$24.50
7 days ago $27.60$24.50
Now $27.60$24.50

Earnings against estimates

Danaos Corp: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 $7.60 $7.29 −4.1%
Mar 2026 $6.60 $6.72 +1.8%
Dec 2025 $6.77 $7.14 +5.5%
Sept 2025 $7.10 $6.75 −4.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

2 analysts, Oct 2026
Buy2100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202622
  2. Sep 202622

Counts of recommendations published by analysts covering Danaos Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
19.6%
of tradable shares
Days to cover
9.43
at average volume
Short interest, 1 month
+50%
to October 15, 2026
Held by institutions
22%
of shares
Held by insiders
53.8%
of shares
Employees
4
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Danaos Corp: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
DAC+256%−27%+48%+12%+20%+68%
Industry peers (median)+20%+15%+20%−11%+22%+28%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
DAC67%50%67%50%67%73%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
DAC−25%−50%−15%−21%−22%−10%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 97% from November 3, 2015 to March 20, 2020. Getting back needed a 3053% gain, reached on September 1, 2021, 530 days after the low.

Price behaviour

52-week range
$87.12 – $169.22
From 52-week high
−9.0%
vs 50-day average
−2.1%
vs 200-day average
+19.1%
Volatility (1 year)
24%
Beta vs S&P 500
0.62

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Danaos Corp in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Danaos Corp
$400M $600M $800M $1B $1.2B FY14 Q4 FY17 Q4 FY20 Q4 FY25 Q4 Revenue (TTM), FY14 Q4: $552.1M Revenue (TTM), FY15 Q4: $567.9M Revenue (TTM), FY16 Q4: $498.3M Revenue (TTM), FY17 Q4: $451.7M Revenue (TTM), FY18 Q4: $458.7M Revenue (TTM), FY19 Q4: $447.2M Revenue (TTM), FY20 Q4: $461.6M Revenue (TTM), FY21 Q4: $689.5M Revenue (TTM), FY22 Q4: $993.3M Revenue (TTM), FY23 Q4: $973.6M Revenue (TTM), FY24 Q4: $1B Revenue (TTM), FY25 Q4: $1B $1B

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue (TTM)
FY14 Q4 $552.1M
FY15 Q4 $567.9M
FY16 Q4 $498.3M
FY17 Q4 $451.7M
FY18 Q4 $458.7M
FY19 Q4 $447.2M
FY20 Q4 $461.6M
FY21 Q4 $689.5M
FY22 Q4 $993.3M
FY23 Q4 $973.6M
FY24 Q4 $1B
FY25 Q4 $1B
Revenue growth, TTM YoY Danaos Corp
-20% 0% 20% 40% 60% FY14 Q4 FY17 Q4 FY20 Q4 FY25 Q4 Revenue growth, TTM YoY, FY14 Q4: -6.1% Revenue growth, TTM YoY, FY15 Q4: 2.9% Revenue growth, TTM YoY, FY16 Q4: -12.3% Revenue growth, TTM YoY, FY17 Q4: -9.4% Revenue growth, TTM YoY, FY18 Q4: 1.5% Revenue growth, TTM YoY, FY19 Q4: -2.5% Revenue growth, TTM YoY, FY20 Q4: 3.2% Revenue growth, TTM YoY, FY21 Q4: 49.4% Revenue growth, TTM YoY, FY22 Q4: 44.1% Revenue growth, TTM YoY, FY23 Q4: -2.0% Revenue growth, TTM YoY, FY24 Q4: 4.2% Revenue growth, TTM YoY, FY25 Q4: 2.8% 2.8%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue growth, TTM YoY
FY14 Q4 -6.1%
FY15 Q4 2.9%
FY16 Q4 -12.3%
FY17 Q4 -9.4%
FY18 Q4 1.5%
FY19 Q4 -2.5%
FY20 Q4 3.2%
FY21 Q4 49.4%
FY22 Q4 44.1%
FY23 Q4 -2.0%
FY24 Q4 4.2%
FY25 Q4 2.8%
Operating margin (TTM) Danaos Corp
-50% 0% 50% 100% FY14 Q4 FY17 Q4 FY20 Q4 FY25 Q4 Operating margin (TTM), FY14 Q4: 34.9% Operating margin (TTM), FY15 Q4: 43.0% Operating margin (TTM), FY16 Q4: -42.7% Operating margin (TTM), FY17 Q4: 41.5% Operating margin (TTM), FY18 Q4: -2.6% Operating margin (TTM), FY19 Q4: 45.0% Operating margin (TTM), FY20 Q4: 43.2% Operating margin (TTM), FY21 Q4: 52.0% Operating margin (TTM), FY22 Q4: 65.8% Operating margin (TTM), FY23 Q4: 59.6% Operating margin (TTM), FY24 Q4: 53.3% Operating margin (TTM), FY25 Q4: 47.8% 47.8%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Operating margin (TTM)
FY14 Q4 34.9%
FY15 Q4 43.0%
FY16 Q4 -42.7%
FY17 Q4 41.5%
FY18 Q4 -2.6%
FY19 Q4 45.0%
FY20 Q4 43.2%
FY21 Q4 52.0%
FY22 Q4 65.8%
FY23 Q4 59.6%
FY24 Q4 53.3%
FY25 Q4 47.8%
FCF margin (TTM) Danaos Corp
0% 50% 100% FY14 Q4 FY17 Q4 FY20 Q4 FY25 Q4 FCF margin (TTM), FY14 Q4: 10.0% FCF margin (TTM), FY15 Q4: 24.6% FCF margin (TTM), FY16 Q4: 26.7% FCF margin (TTM), FY17 Q4: 14.6% FCF margin (TTM), FY18 Q4: 12.4% FCF margin (TTM), FY19 Q4: 27.6% FCF margin (TTM), FY20 Q4: 35.6% FCF margin (TTM), FY21 Q4: 45.6% FCF margin (TTM), FY22 Q4: 80.9% FCF margin (TTM), FY23 Q4: 45.9% FCF margin (TTM), FY24 Q4: 46.7% FCF margin (TTM), FY25 Q4: 46.2% 46.2%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period FCF margin (TTM)
FY14 Q4 10.0%
FY15 Q4 24.6%
FY16 Q4 26.7%
FY17 Q4 14.6%
FY18 Q4 12.4%
FY19 Q4 27.6%
FY20 Q4 35.6%
FY21 Q4 45.6%
FY22 Q4 80.9%
FY23 Q4 45.9%
FY24 Q4 46.7%
FY25 Q4 46.2%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F, 20-F/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Danaos took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $1B
  2. Selling, general and admin $64.4M · 6.2%
  3. Other operating costs $479M · 46.0%
  4. Operating income $499M · 47.8%
  5. Net income $495M · 47.4%
Where Danaos's revenue went, FY2025
Revenue $1B
Selling, general and admin $64.4M 6.2% of revenue
Other operating costs $479M 46.0% of revenue
Operating income $499M 47.8% of revenue
Net income $495M 47.4% of revenue

Shares of revenue. Source: Danaos's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Danaos Corp: annual financial statements
Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 320 360 468 589 588 552 568 498 452 459 447 462 690 993 974 1,014 1,042
EBITDA 197 163 311 297 410 329 376 −84 303 96 298 301 472 785 710 689 662
Operating income 136 86 205 153 272 192 244 −213 187 −12 201 199 358 653 581 541 499
Net income 36 −102 13 −105 38 −4 117 −366 84 −33 131 154 1,053 559 576 505 495
Diluted EPS $9.24 −$19.04 $1.68 −$13.44 $4.76 −$0.56 $14.98 −$46.76 $10.70 −$3.10 $8.09 $6.45 $51.15 $27.28 $28.95 $26.05 $26.76
Growth (year on year)
Revenue — +12.6% +30.1% +25.8% −0.2% −6.1% +2.9% −12.3% −9.4% +1.5% −2.5% +3.2% +49.4% +44.1% −2.0% +4.2% +2.8%
EBITDA — −17.2% +90.8% −4.7% +38.1% −19.6% +14.2% −122.2% — −68.4% +211.2% +1.2% +56.8% +66.2% −9.5% −2.9% −3.9%
Operating income — −36.7% +138.2% −25.5% +78.1% −29.4% +27.0% −187.0% — −106.5% — −0.8% +79.6% +82.4% −11.1% −6.9% −7.8%
Net income — −383.6% — −882.9% — −110.4% — −412.9% — −139.3% — +17.0% +585.7% −46.9% +3.1% −12.4% −2.1%
Diluted EPS — −306.1% — −900.0% — −111.8% — −412.1% — −129.0% — −20.3% +693.0% −46.7% +6.1% −10.0% +2.7%
Margins
EBITDA margin 61.7% 45.4% 66.5% 50.4% 69.7% 59.7% 66.2% −16.8% 67.0% 20.8% 66.5% 65.2% 68.5% 79.0% 72.9% 68.0% 63.5%
Operating margin 42.6% 24.0% 43.8% 26.0% 46.3% 34.9% 43.0% −42.7% 41.5% −2.6% 45.0% 43.2% 52.0% 65.8% 59.6% 53.3% 47.8%
Net margin 11.3% −28.5% 2.9% −17.9% 6.4% −0.7% 20.6% −73.5% 18.6% −7.2% 29.3% 33.3% 152.7% 56.3% 59.2% 49.8% 47.4%
Cash flow
Cash from operations 93 79 59 167 189 192 272 262 181 165 220 266 428 935 576 622 645
Stock-based pay 0 2 2 0 0 1 0 0 — 1 4 1 15 6 13 15 17
Balance sheet
Cash 122 230 51 56 68 58 72 74 67 77 139 66 129 268 272 453 1,037
Total debt 0 2,566 3,002 3,223 3,112 2,951 2,775 2,527 — 1,622 1,390 1,343 1,114 430 404 735 1,155
Net debt (negative = net cash) −122 2,336 2,951 3,167 3,044 2,893 2,703 2,454 −67 1,545 1,251 1,277 984 162 132 281 118
Diluted shares 4m 5m 8m 8m 8m 8m 8m 8m 8m 11m 16m 24m 21m 21m 20m 19m 18m
Returned to shareholders
Dividends — — — — — — — — — — — — 31 61 61 63 64
Buybacks — 0 — — — — — — — — — 31 — 29 71 53 76
Total returned — 0 — — — — — — — — — 31 31 90 131 116 139

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

5 of 6 checks passed · December 31, 2025
What it owns · $5.1bn
Short-term assets $1.3bnLonger-term assets $3.8bn
What it owes, and who funded it · $5.1bn
Short-term liabilities $402mLonger-term liabilities $917mShareholders' equity $3.8bn
  • Short-term assets cover short-term liabilities $1.3bn of assets due within a year against $402m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.3bn short-term assets against $917m of longer-dated liabilities.
  • More cash than debt $1.0bn of cash against $1.2bn of debt.
  • Debt below 40% of shareholders' equity Debt is 30% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 115% to 30% over five years.
  • A year's operating cash flow covers at least 20% of debt $645m of operating cash flow against $1.2bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Danaos Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2025 Q4 TTM
Buybacks (TTM)
$75.7M
Dividends (TTM)
$63.5M
Returned to shareholders
29%
of free cash flow
Buybacks, last 3 fiscal years
$200M
Diluted share count
−4.7%
year over year
Total shareholder yield
5.0%
dividends 2.3% + buybacks 2.7% of market value
Dividend payout ratio
13%
of net income paid out
Days sales outstanding
14 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in marine transportation
Growth, margins and cash generation against peers
Last 12 months unless stated DAC TNK TK CMRE INSW NMM Median
Revenue, last 12 months $1.0bn $952m $950m $878m $1.3bn $1.3bn $329m
Revenue growth, last 12 months 2.8% −22.6% −22.2% −1.2% 57.4% 0.8% 0.8%
Revenue growth, 3-year average 21.0% 74.2% −19.6% — 2.9% 89.3% 16.8%
Gross margin — 66.7% 66.6% — — 90.5% 64.5%
Operating margin 47.8% 32.5% 31.9% 52.0% 64.2% — 18.6%
Operating margin, 3-year average 47.1% −1.0% 1.7% 46.9% 51.4% — 13.1%
Net margin 47.4% 36.9% 10.3% 41.5% 62.0% 21.2% 13.3%
Cash from operations / revenue 61.8% 32.1% 31.8% 61.2% 50.4% 37.6% 33.1%
Free-cash-flow margin 46.2% 12.1% 11.7% 46.4% 50.3% 20.9% 14.2%
Free-cash-flow margin, 3-year average 35.4% 2.0% −2.4% 37.0% 51.9% −6.7% 9.4%
Stock pay / revenue 1.6% 0.5% 1.0% 0.8% 0.6% 0.0% 0.7%
Change in share count −4.7% 0.2% −7.0% 0.8% 0.2% — 0.5%

Median of all 42 companies we cover in marine transportation. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

42 marine transportation companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 2.8% 0.8% 18 of 40
Change in growth rate Growth -1.4pp +0.7pp 23 of 40
Operating margin Profitability 47.8% 19.8% 10 of 40
Net margin Profitability 47.4% 13.4% 6 of 42
Free-cash-flow margin Cash generation 46.2% 13.6% 6 of 41
Stock pay as % of revenue Cash generation 1.6% 0.9% 24 of 34
Long-term debt as % of assets Balance sheet 17.1% 24.2% 12 of 35
Change in share count Balance sheet -4.7% 0.5% 7 of 39
Days sales outstanding Balance sheet 14 days 19 days 9 of 33

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Reported value
$470M
Institutions reporting
136
Shares held vs prior quarter
▲ 4.1%
Positions opened / closed
23 / 20

Top buyers and sellers, Q2 2026: 71 institutions bought and 58 sold ; the biggest buyer was Blackrock, Inc (+230K shares) and the biggest seller Goldman Sachs Group Inc (−74K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Acadian Asset Management LLC $84.7M 692K 18.0% ▼ 0.1%
Rbf Capital, LLC $51.2M 418K 10.9% 0.0%
Ion Fund Management Ltd $50.3M 411K 10.7% ▲ 7.8%
Blackrock, Inc. $39.1M 319K 8.3% ▲ 256.3%
No Street Gp LP $30.6M 250K 6.5% 0.0%
Goldman Sachs Group Inc $27.4M 224K 5.8% ▼ 24.8%
Arrowstreet Capital, Limited Partnership $18.8M 154K 4.0% ▲ 99.9%
Jpmorgan Chase & Co $14.9M 122K 3.2% ▲ 2.8%
Qube Research & Technologies Ltd $12.3M 100K 2.6% ▲ 48.0%
Morgan Stanley $8.8M 72K 1.9% ▲ 1.2%
Two Sigma Investments, LP $7.9M 65K 1.7% ▼ 33.2%
Hi-Line Capital Management, LLC $7.5M 61K 1.6% ▲ 2.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Danaos Corp's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Danaos Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Danaos Corp in brief

What does Danaos Corp do?
Danaos Corp is a US-listed company in the marine transportation industry. Its financial year ends in December.
What is Danaos Corp's stock ticker?
Danaos Corp trades under the ticker DAC on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Danaos Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Danaos Corp reported revenue of $1B, 2.8% higher than a year earlier, according to its SEC filings.
What is Danaos Corp's free cash flow?
Danaos Corp's free-cash-flow margin is 46.2% of revenue over the trailing twelve months, ranking 6 of the 41 marine transportation companies we cover.
Who are Danaos Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Acadian Asset Management LLC, Rbf Capital, LLC and Ion Fund Management Ltd. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Danaos Corp buying back stock, and does it pay a dividend?
Danaos Corp spent $75.7M on share repurchases over the trailing twelve months, and its diluted share count fell 4.7% over the year.
What is Danaos Corp's market cap?
On December 31, 2025, Danaos Corp's market capitalisation was about $1.7B, with a price-to-earnings ratio of 3.4 and net debt of $118M. Market figures come from third-party market data and may be delayed.
Does Danaos Corp pay a dividend?
Yes: Danaos Corp paid $63.5M in dividends over the trailing twelve months, a dividend yield of 2.26% and a payout ratio of 12.8%.
How much debt does Danaos Corp have?
Danaos Corp's debt-to-equity ratio is 30.4%, from its latest balance sheet (114.7% five years earlier). The financial health section below sets out its other solvency checks.
Who are Danaos Corp's competitors?
In our Marine Transportation peer group, the companies closest to Danaos Corp are Teekay Tankers LTD., Teekay Corp LTD, Costamare Inc., International Seaways, Inc. and Navios Maritime Partners L.p. The side-by-side comparison below sets their revenue, margins and growth against Danaos Corp's.
When is Danaos Corp's next earnings date?
Around November 16, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Danaos Corp announces its own schedule.