Danaos Corporation (DAC) — Financial statements
Income statement, balance sheet, and cash flow for Danaos Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,042↑2.8% | 1,014↑4.2% | 974↓2.0% | 993↑44.1% | 690 | |
| Cost of Revenue | 209↓47.6% | 398↑19.8% | 332↑1.2% | 328↑18.5% | 277 | |
| Gross Profit | 834↑35.4% | 616↓3.9% | 641↓3.6% | 665↑61.2% | 412 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 64↑18.8% | 54↑24.7% | 43↑18.9% | 37↓16.8% | 44 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 64↑18.8% | 54↑24.7% | 43↑18.9% | 37↓16.8% | 44 | |
| Other Expenses | 271↑1198.7% | 21↑22.4% | 17↑167.9% | -25↓346.1% | 10 | |
| Operating Expenses | 335↑346.2% | 75↑24.0% | 61↑425.2% | 12↓78.7% | 54 | |
| Total Costs & Expenses | 544↑14.9% | 473↑20.4% | 393↑15.6% | 340↑2.6% | 331 | |
| Operating Results | ||||||
| Operating Income | 499↓7.8% | 541↓6.9% | 581↓11.1% | 653↑82.4% | 358 | |
| Depreciation & Amortization | 207↑44.2% | 144↑33.1% | 108↑39.3% | 78↓13.1% | 89 | |
| EBITDA | 749↑10.9% | 675↓4.2% | 705↓1.7% | 717↓41.1% | 1,217 | |
| EBIT | 541↑1.9% | 531↓11.0% | 597↓6.7% | 640↓43.3% | 1,128 | |
| Interest & Other Income | ||||||
| Net Interest Income | -27↓60.0% | -17↓102.7% | -8↑85.5% | -58↓1.4% | -57 | |
| Interest Income | 20↑51.7% | 13↑6.2% | 12↑164.3% | 5↓62.5% | 12 | |
| Interest Expense | 47↑56.4% | 30↑45.5% | 20↓67.1% | 62↓9.9% | 69 | |
| Non-Operating Income | -42↓540.6% | 10↑159.8% | -16↓216.4% | 14↑101.8% | -769 | |
| Other Income / Expenses | -4↑88.4% | -36↓721.0% | -4↑94.3% | -76↓110.8% | 700 | |
| Income Before Tax | 495↓2.1% | 505↓12.4% | 576↓0.2% | 577↓45.5% | 1,059 | |
| Income Tax Expense | 0.00 | 0.00 | 0.00↓100.0% | 18↑209.8% | 6 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 495↓2.1% | 505↓12.4% | 576↑3.1% | 559↓46.9% | 1,053 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 495↓2.1% | 505↓12.4% | 576↑3.1% | 559↓46.9% | 1,053 | |
| Bottom-Line Net Income | 495↓2.1% | 505↓12.4% | 576↑3.1% | 559↓46.9% | 1,053 | |
| EPS (Basic) | 26.83↑2.6% | 26.15↓9.8% | 28.99↑6.2% | 27.30↓47.2% | 51.75 | |
| EPS (Diluted) | 26.76↑2.7% | 26.05↓10.0% | 28.95↑6.1% | 27.28↓46.7% | 51.15 | |
| Weighted Average Shares | 18↓4.6% | 19↓2.8% | 20↓2.9% | 20↑0.7% | 20 | |
| Weighted Average Diluted Shares | 18↓4.7% | 19↓2.6% | 20↓2.9% | 21↓0.4% | 21 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.