See more : Brasil Brokers Participações S.A. (BBRK3.SA) Income Statement Analysis – Financial Results
Complete financial analysis of Danaos Corporation (DAC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Danaos Corporation, a leading company in the Marine Shipping industry within the Industrials sector.
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Danaos Corporation (DAC)
About Danaos Corporation
Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to liner companies. As of February 28, 2022, it had a fleet of 71 containerships aggregating 436,589 twenty-foot equivalent units in capacity. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005. Danaos Corporation was founded in 1963 and is based in Piraeus, Greece.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 973.58M | 993.34M | 689.51M | 461.59M | 447.24M | 458.73M | 451.73M | 498.33M | 567.94M | 552.09M | 588.12M | 589.01M | 468.10M | 359.68M | 319.51M | 298.91M | 258.85M | 245.59M | 241.38M | 208.27M | 146.12M |
| Cost of Revenue | 329.88M | 328.39M | 277.11M | 226.74M | 210.60M | 224.57M | 234.81M | 252.35M | 256.80M | 263.79M | 271.26M | 280.80M | 129.89M | 96.20M | 99.67M | 96.72M | 73.17M | 68.02M | 61.41M | 52.56M | 0.00 |
| Gross Profit | 643.71M | 664.96M | 412.39M | 234.85M | 236.64M | 234.16M | 216.92M | 245.98M | 311.13M | 288.30M | 316.86M | 308.21M | 338.21M | 263.48M | 219.84M | 202.18M | 185.67M | 177.56M | 179.97M | 155.71M | 146.12M |
| Gross Profit Ratio | 66.12% | 66.94% | 59.81% | 50.88% | 52.91% | 51.05% | 48.02% | 49.36% | 54.78% | 52.22% | 53.88% | 52.33% | 72.25% | 73.25% | 68.80% | 67.64% | 71.73% | 72.30% | 74.56% | 74.76% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 43.48M | 36.58M | 54.13M | 35.37M | 35.57M | 35.57M | 29.42M | 27.63M | 25.68M | 25.83M | 24.94M | 26.45M | 0.00 | 23.26M | 14.54M | 11.62M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 43.48M | 36.58M | 54.13M | 35.37M | 35.57M | 35.57M | 29.42M | 27.63M | 25.68M | 25.83M | 24.94M | 26.45M | 21.03M | 23.26M | 14.54M | 11.62M | 9.96M | 7.57M | 5.06M | 4.05M | 0.00 |
| Other Expenses | 17.02M | 12.17M | 4.54M | 593.00K | 556.00K | -50.46M | -15.76M | -41.60M | 111.00K | 422.00K | 302.00K | 811.00K | 111.98M | 82.56M | 69.20M | 41.61M | 47.02M | 22.00M | 31.24M | 26.12M | 0.00 |
| Operating Expenses | 60.51M | 48.75M | 54.13M | 35.37M | 35.57M | 35.57M | 29.42M | 27.63M | 25.68M | 25.83M | 24.94M | 26.45M | 133.01M | 105.81M | 83.74M | 53.22M | 56.98M | 29.58M | 36.29M | 30.17M | 0.00 |
| Cost & Expenses | 392.92M | 377.13M | 331.25M | 262.11M | 246.17M | 260.14M | 264.23M | 279.99M | 282.48M | 289.62M | 296.20M | 307.25M | 262.90M | 202.01M | 183.42M | 149.95M | 130.15M | 97.60M | 97.70M | 82.73M | 0.00 |
| Interest Income | 12.13M | 4.59M | 12.23M | 6.64M | 6.41M | 5.78M | 5.58M | 4.68M | 3.42M | 1.70M | 2.21M | 1.64M | 1.30M | 964.00K | 2.43M | 6.54M | 4.86M | 3.61M | 6.35M | 2.64M | 0.00 |
| Interest Expense | 24.74M | 62.14M | 68.99M | 53.50M | 72.07M | 85.71M | 86.56M | 82.97M | 70.40M | 79.98M | 91.19M | 87.34M | 55.12M | 47.21M | 38.50M | 39.78M | 22.42M | 29.24M | 23.42M | 11.56M | 0.00 |
| Depreciation & Amortization | 108.07M | 146.44M | 127.10M | 112.56M | 105.24M | 116.99M | 121.98M | 134.57M | 131.78M | 137.06M | 137.41M | 143.94M | 106.18M | 77.05M | 60.91M | 51.03M | 41.09M | 31.11M | 27.11M | -33.79M | 0.00 |
| EBITDA | 704.83M | 787.63M | 444.48M | 315.64M | 309.66M | 171.43M | 296.09M | -110.39M | 417.24M | 381.90M | 429.33M | 150.25M | 449.33M | 23.29M | 141.50M | 199.99M | 169.79M | 139.89M | 177.30M | 161.81M | 108.68M |
| EBITDA Ratio | 72.40% | 69.48% | 77.02% | 67.64% | 67.85% | 56.68% | 64.06% | 58.05% | 70.45% | 69.17% | 70.01% | 69.62% | 95.99% | 124.69% | 81.67% | 66.46% | 60.97% | 81.59% | 72.31% | 71.89% | 100.00% |
| Operating Income | 580.66M | 653.44M | 358.26M | 199.48M | 201.07M | -12.12M | 187.50M | -212.64M | 244.38M | 192.41M | 272.47M | 152.96M | 205.20M | 86.16M | 136.10M | 148.96M | 128.69M | 147.99M | 143.68M | 125.11M | 146.12M |
| Operating Income Ratio | 59.64% | 65.78% | 51.96% | 43.22% | 44.96% | -2.64% | 41.51% | -42.67% | 43.03% | 34.85% | 46.33% | 25.97% | 43.84% | 23.95% | 42.60% | 49.84% | 49.72% | 60.26% | 59.52% | 60.07% | 100.00% |
| Total Other Income/Expenses | -4.36M | -75.98M | 700.47M | -45.93M | -69.82M | -20.81M | -103.59M | -153.55M | -127.36M | -196.33M | -234.94M | -258.17M | -137.95M | -258.09M | -63.94M | 1.34M | -5.60M | -46.91M | -20.83M | 7.51M | -50.73M |
| Income Before Tax | 576.30M | 577.46M | 1.06B | 153.55M | 131.25M | -32.94M | 83.91M | -366.20M | 117.02M | -3.92M | 37.52M | -105.20M | 67.26M | -127.60M | 72.16M | 150.30M | 140.66M | 122.85M | 139.92M | 132.62M | 0.00 |
| Income Before Tax Ratio | 59.19% | 58.13% | 153.55% | 33.27% | 29.35% | -7.18% | 18.57% | -73.48% | 20.60% | -0.71% | 6.38% | -17.86% | 14.37% | -35.48% | 22.58% | 50.28% | 54.34% | 50.02% | 57.97% | 63.68% | 0.00% |
| Income Tax Expense | 0.00 | 18.25M | 5.89M | 60.40M | 74.23M | 64.89M | 71.76M | 25.11M | 68.57M | 80.40M | 91.49M | 88.15M | 191.77M | 260.01M | 100.01M | 33.72M | -86.57M | 46.91M | 20.83M | 74.56M | -59.85M |
| Net Income | 576.30M | 559.21M | 1.05B | 93.15M | 57.03M | -32.94M | 83.91M | -366.20M | 117.02M | -3.92M | 37.52M | -105.20M | 13.44M | -102.34M | 36.09M | 115.24M | 215.26M | 101.08M | 122.85M | 116.46M | 59.85M |
| Net Income Ratio | 59.19% | 56.30% | 152.70% | 20.18% | 12.75% | -7.18% | 18.57% | -73.48% | 20.60% | -0.71% | 6.38% | -17.86% | 2.87% | -28.45% | 11.30% | 38.55% | 83.16% | 41.16% | 50.89% | 55.92% | 40.96% |
| EPS | 28.99 | 27.30 | 51.75 | 3.95 | 3.60 | -3.10 | 10.70 | -46.69 | 14.98 | -0.50 | 4.76 | -13.44 | 1.68 | -18.99 | 9.24 | 29.54 | 55.30 | 30.24 | 38.78 | 36.82 | 18.90 |
| EPS Diluted | 28.95 | 27.28 | 51.15 | 3.91 | 3.52 | -3.10 | 10.70 | -46.69 | 14.98 | -0.50 | 4.76 | -13.44 | 1.68 | -18.99 | 9.24 | 29.54 | 55.30 | 30.24 | 38.78 | 36.82 | 18.90 |
| Weighted Avg Shares Out | 19.88M | 20.48M | 20.35M | 23.59M | 15.83M | 10.62M | 7.84M | 7.84M | 7.84M | 7.83M | 7.83M | 7.83M | 7.79M | 5.39M | 3.90M | 3.90M | 3.90M | 3.34M | 3.16M | 3.16M | 3.16M |
| Weighted Avg Shares Out (Dil) | 19.90M | 20.50M | 20.58M | 23.81M | 16.22M | 10.62M | 7.84M | 7.84M | 7.84M | 7.83M | 7.83M | 7.83M | 7.79M | 5.39M | 3.90M | 3.90M | 3.90M | 3.34M | 3.16M | 3.16M | 3.16M |
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Danaos Corporation Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2022
ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that its Annual Report on Form 20-F for the year ended December 31, 2022 has been filed with the Securities and Exchange Commission...
Danaos Corporation Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2022
ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (NYSE: DAC), one of the world’s largest independent owners of containerships, announced today that its Annual Report on Form 20-F for the year ended December 31, 2022 has been filed with the Securities and Exchange Commission...
Danaos: Massive Profits And A Big Question
Danaos' fundamentals are very strong. The company has a very clean balance sheet and should be able to reduce its net debt to zero pretty soon.
Danaos Corporation (DAC) Q4 2022 Earnings Call Transcript
Danaos Corporation (NYSE:DAC ) Q4 2022 Earnings Conference Call February 15, 2023 9:00 AM ET Company Participants John Coustas - Chief Executive Officer Evangelos Chatzis - Chief Financial Officer Conference Call Participants Omar Nokta - Jefferies Operator Good day and...
Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2022
ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (“Danaos”) (NYSE: DAC), one of the world's largest independent owners of containerships, today reported unaudited results for the fourth quarter and the year ended December 31, 2022. Highlights for the Fourth Quarter and Year Ended December...
Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2022
ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (“Danaos”) (NYSE: DAC), one of the world’s largest independent owners of containerships, today reported unaudited results for the fourth quarter and the year ended December 31, 2022. Highlights for the Fourth Quarter and Year Ended December...
Is Danaos (DAC) Outperforming Other Transportation Stocks This Year?
Here is how Danaos (DAC) and International Seaways (INSW) have performed compared to their sector so far this year.
Danaos Corporation Announces Date for the Release of Fourth Quarter 2022 Results, Conference Call and Webcast
ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (NYSE: DAC), one of the world’s largest independent owners of containerships, announced today that it will release its results for the fourth quarter ended December 31, 2022, after the close of the market in New York...
Source: https://incomestatements.info
Category: Stock Reports