DAC Financials Danaos Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 29 h ago Overview →

Growth & profitability

Revenue has grown 17.7% per year over the past 5 years.
Net income has grown faster than revenue (26.4% vs 17.7% per year).
Operating margin has expanded, at 47.8% in the latest year.

Financial health

Total debt ($1.2B) exceeds cash ($1.0B); net debt is $118M.
Total debt has grown slower than revenue (-3.0% vs 17.7% per year).
Total debt is 1.7× EBITDA.

Shareholder returns

Dividends have been paid for 5 consecutive years, consuming 12.8% of earnings.
The dividend has grown 19.8% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$1.0B	$495M	0.0%	47.8%	—	$1.2B	$1.0B
2024	$1.0B	$505M	0.0%	53.3%	—	$735M	$453M
2023	$974M	$576M	0.0%	59.6%	—	$404M	$272M
2022	$993M	$559M	0.0%	65.8%	—	$430M	$268M
2021	$690M	$1.1B	0.0%	52.0%	—	$1.1B	$129M
2020	$462M	$154M	0.0%	43.2%	—	$1.3B	$66M
2019	$447M	$131M	0.0%	45.0%	—	$1.4B	$139M
2018	$459M	-$33M	0.0%	-2.6%	—	$1.6B	$77M
2017	$452M	$84M	0.0%	41.5%	—	—	$67M
2016	$498M	-$366M	0.0%	-42.7%	—	$2.5B	$74M
2015	$568M	$117M	0.0%	43.0%	—	$2.7B	$72M
2014	$552M	—	0.0%	34.9%	—	$3.0B	$58M
2013	$588M	—	0.0%	46.3%	—	$3.1B	$68M
2012	$589M	—	0.0%	26.0%	—	$3.2B	$56M
2011	$468M	—	0.0%	43.8%	—	$3.0B	$51M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Jun '25	$262M	$131M	0.0%	47.9%	—	$761M	$546M
Mar '25	—	$115M	—	—	—	—	—
Jun '24	$246M	$141M	0.0%	56.8%	—	$570M	$372M
Mar '24	—	$150M	—	—	—	—	—
Jun '23	$241M	$147M	0.0%	61.1%	—	$417M	$293M
Mar '23	—	$146M	—	—	—	—	—
Jun '22	$251M	$8M	0.0%	62.5%	—	$862M	$320M
Mar '22	—	$331M	—	—	—	—	—
Jun '21	$146M	$373M	0.0%	49.7%	—	$1.1B	$294M
Mar '21	—	$297M	—	—	—	—	—
Jun '20	$117M	$38M	0.0%	43.4%	—	$1.4B	$85M
Mar '20	—	$29M	—	—	—	—	—
Jun '19	$112M	$30M	0.0%	44.2%	—	$1.4B	$79M
Mar '19	—	$33M	—	—	—	—	—
Jun '18	$113M	$6M	0.0%	42.9%	—	$2.3B	$72M
Mar '18	—	$15M	—	—	—	—	—
Jun '17	$114M	$20M	0.0%	41.5%	—	$2.4B	$64M
Jun '16	$137M	$45M	0.0%	48.8%	—	$2.6B	$101M
Jun '15	$141M	—	0.0%	49.2%	—	$2.9B	$74M
Jun '14	$136M	—	0.0%	50.5%	—	$3.0B	$52M

Valuation over time

How the market has priced DAC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 1.8× (Mar '23) to 4.7× (Jun '26).
The price-to-sales ratio has risen from 1.0× (Mar '23) to 2.2× (Jun '26).
The dividend yield has fallen from 6.1% (Mar '23) to 2.8% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is DAC growing its revenue and profit?

Over the past 5 years, Danaos Corp's revenue has grown 17.7% per year, and net income grown 26.4% per year. These are computed facts, not advice.

How much debt does DAC have?

As of FY2025, Danaos Corp reported $1.2B of total debt against $1.0B of cash.

What is DAC's profit margin?

In FY2025, gross margin was —, operating margin 47.8%, and net margin 47.4%.

What is DAC's P/E ratio?

As of Jun '26, Danaos Corp traded at a price-to-earnings ratio of about 4.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.