Tearsheet

Danaos (DAC)

Market Price (11/18/2025): $94.95 | Market Cap: $1.7 Bil
Sector: Industrials | Industry: Marine Transportation

Danaos (DAC)

Market Price (11/18/2025): $94.95
Market Cap: $1.7 Bil
Sector: Industrials
Industry: Marine Transportation

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 27%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 23%, FCF Yield is 11%	Trading close to highs Dist 52W High is -0.9%, Dist 3Y High is -0.9%
1	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 49%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 59%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%
3	Low stock price volatility Vol 12M is 27%
4	Megatrend and thematic drivers Megatrends include Future of Freight, Energy Transition & Decarbonization, and E-commerce & DTC Adoption. Themes include Freight Technology, Show more.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 27%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 23%, FCF Yield is 11%
1	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 49%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 59%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%
3	Low stock price volatility Vol 12M is 27%
4	Megatrend and thematic drivers Megatrends include Future of Freight, Energy Transition & Decarbonization, and E-commerce & DTC Adoption. Themes include Freight Technology, Show more.
5	Trading close to highs Dist 52W High is -0.9%, Dist 3Y High is -0.9%

Market Valuation & Key Metrics

	11/18/25	2024	2023	2022	2021
Share Price CYE	$94.95	$77.76	$69.18	$46.90	$63.86
Market Cap CYE ($ Bil)	1.7	1.5	1.3	0.9	1.3
Total Debt ($ Bil)	0.8	0.7	0.4	0.5	1.3
Total Cash ($ Bil)	0.7	0.5	0.4	0.3	0.6
Enterprise Value ($ Bil)	1.8	2.2	1.7	1.4	2.6
Valuation Ratios
P/S TTM	1.7	1.5	1.5	1.1	2.2
P/EBIT TTM	3.5	2.9	2.5	1.7	1.4
P/E TTM	3.8	3.1	2.5	1.9	1.4
Sector Ratios
P/S TTM (Sector)	1.5	1.4	1.4	1.1	1.6
P/EBIT TTM (Sector)	11.1	10.1	10.2	8.3	12.1
P/E TTM (Sector)	15.0	13.7	14.1	11.2	15.6

	11/18/25	2024	2023
Share Price CYE	$94.95	$77.76	$69.18
Market Cap CYE ($ Bil)	1.7	1.5	1.3
Total Debt ($ Bil)	0.8	0.7	0.4
Total Cash ($ Bil)	0.7	0.5	0.4
Enterprise Value ($ Bil)	1.8	2.2	1.7
Valuation Ratios
P/S TTM	1.7	1.5	1.5
P/EBIT TTM	3.5	2.9	2.5
P/E TTM	3.8	3.1	2.5
Sector Ratios
P/S TTM (Sector)	1.5	1.4	1.4
P/EBIT TTM (Sector)	11.6	10.1	10.2
P/E TTM (Sector)	15.2	13.7	14.1

	DAC	S&P 500
REVENUE GROWTH	FAIR
Rev LTM ($ Bil)	1.0
Rev Chg Q	6.4%	7.1%
Rev Chg LTM	4.2%	6.1%
Rev Chg 3Y Avg	5.0%	5.5%
PROFITABILITY	VERY GOOD
Op Inc LTM ($ Bil)	0.5
CFO LTM ($ Bil)	0.6
Net Inc LTM ($ Bil)	0.5
Op Mgn LTM	49.0%	18.8%
CFO/Rev LTM	59.3%	20.5%
Net Inc Mgn	44.6%	13.1%
VALUATION	VERY LOW
P/S	1.7	3.1
P/CFO	2.9	15.1
P/FCF	9.3	19.7
P/E	3.8	23.1
STABILITY	GOOD
Debt/Equity	0.44	0.21
Cash/Assets	0.14	0.07

AI Generated Analysis | Feedback

Metric	Value	Date	Source
Contracted Revenue Backlog	US$3.6 billion	6302025	Link
Average Remaining Charter Duration for Containership Fleet	3.8 years	6302025	Link
Containership Fleet Charter Coverage (2025)	99%	6302025	Link
Containership Fleet Charter Coverage (2026)	88%	6302025	Link
Number of Container Vessels in Fleet	74	9302025	Link
Total TEU Capacity of Container Vessel Fleet	471,477 TEUs	9302025	Link
Number of Dry Bulk Vessels in Fleet	10	9302025	Link
Total DWT of Dry Bulk Fleet	1,760,861 DWT	9302025	Link
Number of Container Vessels Under Construction	18	9302025	Link
Aggregate TEU Capacity of Vessels Under Construction	148,564 TEUs	9302025	Link
Container Vessel Utilization Rate (Q1 2025)	97.2%	3312025	Link
Dry Bulk Vessel Utilization Rate (Q1 2025)	92.4%	3312025	Link
Number of Unencumbered Vessels	45	11082022	Link

DAC Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

The approximate 4.7% movement in Danaos (DAC) stock between July 31, 2025, and November 13, 2025, can be attributed to several key developments: 1. Danaos reported its Second Quarter 2025 financial results on August 4, 2025, which showed mixed performance. The company's operating revenues increased to $262.2 million, surpassing analysts' expectations of $247.26 million. However, it missed the consensus earnings per share (EPS) estimate, reporting $6.36 per share against an expectation of $6.52. Despite the revenue beat, the slight dip in shares following the earnings indicated investor reaction to the lower-than-expected EPS.

2. On September 30, 2025, Danaos announced a significant increase of $304 million to its contracted revenue backlog. This boost included approximately $164 million from forward charter fixtures for four existing vessels and about $140 million from charter fixtures for two newbuilding orders, each with a five-year charter duration. This expansion brought the total contracted cash operating revenues to $3.6 billion, signaling strong future revenue visibility.

3. The company also confirmed orders for two new 7,165 TEU containerships on September 30, 2025. These vessels are designed with eco-friendly features, including methanol fuel readiness, open-loop scrubbers, and Alternative Maritime Power (AMP) units, aligning with modern environmental standards. Deliveries for these newbuildings are expected during the third quarter of 2027.

4. Throughout this period, Danaos maintained favorable analyst ratings and price targets. As of October and November 2025, multiple analysts reiterated "Buy" or "Strong Buy" ratings for DAC, with a consistent average price target of $105.00. For example, Jefferies Financial Group reaffirmed its "buy" rating and $105.00 price target on August 5, 2025.

5. Danaos's robust fleet and high charter coverage provided a stable outlook. The company's fleet included 74 containerships, 18 vessels under construction, and 10 Capesize drybulk vessels. Contracted operating days charter coverage for its container vessel fleet was nearly 100% for 2025 and 90% for 2026, including newbuildings based on their scheduled delivery dates, ensuring consistent revenue streams.

Show less

Stock Movement Drivers

Fundamental Drivers

The 1.2% change in DAC stock from 8/18/2025 to 11/17/2025 was primarily driven by a 1.2% change in the company's P/E Multiple.

	8182025	11172025	Change
Stock Price ($)	94.10	95.25	1.22%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1029.82	1029.82	0.00%
Net Income Margin (%)	44.62%	44.62%	0.00%
P/E Multiple	3.76	3.80	1.22%
Shares Outstanding (Mil)	18.34	18.34	0.00%
Cumulative Contribution			1.22%

LTM = Last Twelve Months as of date shown

Market Drivers

8/18/2025 to 11/17/2025

	Return	Correlation
DAC	1.2%
Market (SPY)	3.5%	28.9%
Sector (XLI)	-0.3%	3.1%

Fundamental Drivers

The 11.8% change in DAC stock from 5/19/2025 to 11/17/2025 was primarily driven by a 11.8% change in the company's P/E Multiple.

	5192025	11172025	Change
Stock Price ($)	85.19	95.25	11.81%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1013.97	1029.82	1.56%
Net Income Margin (%)	46.33%	44.62%	-3.69%
P/E Multiple	3.40	3.80	11.83%
Shares Outstanding (Mil)	18.75	18.34	2.17%
Cumulative Contribution			11.75%

LTM = Last Twelve Months as of date shown

Market Drivers

5/19/2025 to 11/17/2025

	Return	Correlation
DAC	11.8%
Market (SPY)	12.2%	14.2%
Sector (XLI)	4.6%	5.1%

Fundamental Drivers

The 15.5% change in DAC stock from 11/17/2024 to 11/17/2025 was primarily driven by a 34.6% change in the company's P/E Multiple.

	11172024	11172025	Change
Stock Price ($)	82.46	95.25	15.51%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1005.25	1029.82	2.44%
Net Income Margin (%)	56.16%	44.62%	-20.56%
P/E Multiple	2.83	3.80	34.58%
Shares Outstanding (Mil)	19.34	18.34	5.17%
Cumulative Contribution			15.20%

LTM = Last Twelve Months as of date shown

Market Drivers

11/17/2024 to 11/17/2025

	Return	Correlation
DAC	15.5%
Market (SPY)	14.7%	48.7%
Sector (XLI)	9.4%	46.8%

Fundamental Drivers

The 92.6% change in DAC stock from 11/18/2022 to 11/17/2025 was primarily driven by a 116.8% change in the company's P/E Multiple.

	11182022	11172025	Change
Stock Price ($)	49.46	95.25	92.58%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	955.90	1029.82	7.73%
Net Income Margin (%)	59.89%	44.62%	-25.50%
P/E Multiple	1.75	3.80	116.84%
Shares Outstanding (Mil)	20.30	18.34	9.63%
Cumulative Contribution			90.79%

LTM = Last Twelve Months as of date shown

Market Drivers

11/18/2023 to 11/17/2025

	Return	Correlation
DAC	51.1%
Market (SPY)	51.1%	39.6%
Sector (XLI)	46.3%	37.5%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
DAC Return	133%	256%	-27%	48%	12%	22%	1140%
Peers Return	0%	53%	7%	10%	117%	9%	324%
S&P 500 Return	16%	27%	-19%	24%	23%	13%	107%
Monthly Win Rates [3]
DAC Win Rate	50%	67%	50%	67%	50%	70%
Peers Win Rate	28%	37%	42%	43%	42%	56%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
DAC Max Drawdown	-70%	0%	-28%	-0%	-5%	-16%
Peers Max Drawdown	-34%	-1%	-10%	-17%	-18%	-31%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: GSL, GNK, PANL, CMDB, HTCO.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/17/2025 (YTD)

How Low Can It Go

Unique Key	Event	DAC	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-51.7%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	107.2%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-71.1%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	245.7%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	214 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-86.5%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	642.0%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	464 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-92.5%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	1226.3%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	Not Fully Recovered days	1480 days

Compare to GSL, GNK, PANL, CMDB, HTCO

In The Past

Danaos's stock fell -51.7% during the 2022 Inflation Shock from a high on 3/17/2022. A -51.7% loss requires a 107.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Danaos (DAC)

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.

AI Generated Analysis | Feedback

Here are 1-3 brief analogies for Danaos (DAC):

AerCap for containerships
Ryder Systems for ocean shipping
Prologis for the high seas

AI Generated Analysis | Feedback

Containership Chartering: Providing containerships under various charter arrangements to major global liner companies for the transportation of containerized cargo.

AI Generated Analysis | Feedback

Danaos Corporation (DAC) is an international owner of containerships that charters its vessels to major liner companies. Therefore, it sells primarily to other companies.

Based on their latest annual report (10-K for the fiscal year ended December 31, 2022), Danaos reported the following companies as major customers, individually accounting for more than 10% of their total operating revenues in 2022:

Zim Integrated Shipping Services Ltd. (NYSE: ZIM)
Hapag-Lloyd AG (XTRA: HLAG)
MSC Mediterranean Shipping Company S.A. (private company)
Hyundai Merchant Marine Co., Ltd. (KRX: 011200)
Ocean Network Express Pte. Ltd. (private company)

AI Generated Analysis | Feedback

Yangzijiang Shipbuilding Holdings Ltd. (BS6.SI)
Daehan Shipbuilding Co., Ltd.
HD Hyundai Heavy Industries Co., Ltd. (329180.KS)

AI Generated Analysis | Feedback

Dr. John Coustas, Chairman, President and Chief Executive Officer

Dr. John Coustas has over 30 years of experience in the shipping industry, assuming management of Danaos in 1987 from his father, Dimitris Coustas, who founded Danaos Shipping in 1972. He has been responsible for the company's corporate strategy and management since then. In 1986, Dr. Coustas co-founded Danaos Management Consultants, a company specializing in Maritime Applications and Systems. He also serves as Vice Chairman of the board of directors of The Swedish Club, a member of the board of directors of the Union of Greek Shipowners, and a member of the DNV Council. Dr. Coustas holds a degree in Marine Engineering, a Master's degree in Computer Science, and a Ph.D. in Computer Controls from Imperial College, London.

Evangelos Chatzis, Vice President, Chief Financial Officer, Treasurer and Secretary

Evangelos Chatzis has been with Danaos Corporation since 2005 and possesses over 30 years of experience in corporate finance and the shipping industry. He has been actively involved in the company's initial public offering in the United States and has led its finance function. Prior to joining Danaos, Mr. Chatzis served as the Chief Financial Officer of Globe Group of Companies, a public company in Greece engaged in diverse activities including dry bulk shipping, the textile industry, food production & distribution, and real estate. During his tenure at Globe Group, he was involved in mergers and acquisitions, corporate restructurings, and privatizations. He holds a Bachelor of Science in Economics from the London School of Economics, an MSc in Shipping & Finance from City University Cass Business School, and a post-graduate diploma in Shipping Risk Management from IMD Business School.

Iraklis Prokopakis, Vice Chairman of the Board of Directors

Mr. Prokopakis joined Danaos in 1998 and has over 40 years of experience in the shipping industry. He served as the company's Senior Vice President and Chief Operating Officer through 2023. Before entering the shipping industry, Mr. Prokopakis was a captain in the Hellenic Navy. He holds a Bachelor of Science in Mechanical Engineering, a Master's degree in Naval Architecture, a Ship Risk Management Diploma, and a post-graduate diploma in business studies.

Dimitris Vastarouchas, Vice President & Chief Operating Officer

Mr. Vastarouchas has been the Technical Manager of Danaos's Manager since 2005 and has over 20 years of experience in the shipping industry. He initially joined Danaos's Manager in 1995. Prior to becoming Technical Manager, he served as the New Buildings Projects and Site Manager, supervising newbuilding projects in Korea.

Filippos Prokopakis, Chief Commercial Officer

Mr. Prokopakis joined Danaos's Manager in 2012, serving as Commercial Director, and has over 13 years of experience in the shipping and logistics industry. During his time with the Manager, he has been responsible for chartering and sale and purchase activities, gaining considerable experience across all commercial operations.

AI Generated Analysis | Feedback

The rapid decarbonization of the global shipping industry, driven by increasingly stringent environmental regulations (e.g., IMO's revised Greenhouse Gas Strategy, EU Emissions Trading System for shipping, and FuelEU Maritime), poses a clear emerging threat. This trend necessitates massive capital expenditure for newbuild vessels capable of utilizing alternative fuels or significant retrofits of existing ships, threatening to render less compliant or older vessels commercially unviable or less competitive. Failure to adapt swiftly could result in a depreciated asset base and reduced chartering opportunities as liner companies prioritize greener fleets to meet their own emission targets.

AI Generated Analysis | Feedback

Danaos Corporation (DAC) primarily operates in the containership leasing sector, which involves chartering out container vessels. While the company also has a drybulk vessels segment, the majority of its revenue is generated from its container vessel operations.

The addressable market for Danaos' main services, specifically containership leasing, falls under the broader global ship leasing market. This market is significant and is projected for substantial growth.

The global ship leasing market was estimated at approximately USD 14.49 billion in 2024.
This market is projected to grow to approximately USD 61.37 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 15.53% from 2025 to 2034.
Another estimate places the global ship leasing market size at USD 14.6 billion in 2024, expected to reach USD 62.2 billion by 2034, with a CAGR of 15.6% from 2025 to 2034.
The container ships segment dominates the overall ship leasing market.

AI Generated Analysis | Feedback

Danaos Corporation (DAC) is expected to drive future revenue growth over the next 2-3 years through a combination of its robust contracted revenue backlog, strategic fleet expansion with newbuilding containerships, and diversification into the drybulk sector.

Strong Contracted Revenue Backlog: Danaos benefits from a substantial contracted revenue backlog that provides significant visibility and stability for future earnings. As of May 2025, the company reported total contracted cash operating revenues of approximately $3.7 billion, with an average remaining charter duration of 3.9 years for its containership fleet. The contract coverage for its containership fleet is nearly 100% for 2025 and 85% for 2026. This backlog has been consistently augmented through new charters and extensions for existing and newbuilding vessels.
Fleet Expansion with Eco-Friendly Newbuilds: Danaos is actively expanding its fleet through a newbuilding program, introducing modern, fuel-efficient containerships. As of Q2 2025, the company had 16 newbuilding containerships on order with a total capacity of 134,234 TEU, scheduled for delivery through 2028. Many of these new vessels are methanol-ready and come with long-term, high-rate charters already secured, directly contributing to future revenue streams as they are delivered and commence operations.
Strategic Charter Rate Management: The company has demonstrated a proactive approach to securing favorable charter rates for its new and existing vessels. Despite general industry expectations of a potential softening in the container shipping market, Danaos has been successful in locking in premium, long-term rates for its newbuild containerships, such as $42,000 to $50,000 per day for 8,200–9,200 TEU ships for an average of 5.3 years. This strategy helps to optimize revenue generation and ensures predictable cash flows, counteracting broader market volatility.
Diversification into the Drybulk Sector: Danaos has strategically diversified its revenue base by entering the drybulk segment with the acquisition of 10 Capesize drybulk vessels. While this segment may experience fluctuations, it introduces an additional revenue stream beyond containerships, aiming to enhance overall company growth and mitigate risks associated with relying solely on one shipping sector. This segment has shown incremental revenue contributions.

AI Generated Analysis | Feedback

Danaos Corporation (DAC) Capital Allocation Decisions (Last 3-5 Years)

Share Repurchases

    Danaos Corporation's Board of Directors approved an upsizing of its common stock repurchase program by an additional $100 million in April 2025, increasing the total authorized program to $300 million.
    As of April 14, 2025, the company had executed approximately $196 million in share repurchases under the initial $200 million program.
    By June 2025, over $200 million of shares had been repurchased under the $300 million share buyback program.


Outbound Investments

    Danaos has significantly expanded its fleet through a newbuilding program, with 18 container vessels under construction as of September 2025, aggregating 148,564 TEU. These vessels are scheduled for delivery between 2025 and 2028.
    All newbuilding containerships are secured on multi-year charters, with an average duration of approximately 4.5 to 5.2 years, providing strong revenue visibility.
    The company also invested in the dry bulk sector, acquiring 10 Capesize drybulk vessels aggregating 1,760,861 DWT by April 2025.


Capital Expenditures

    Danaos has arranged significant financing for its newbuilding program, including an $850 million syndicated loan facility in February 2025 to finance all remaining newbuilding container vessels. This complements a $450 million facility secured in early 2024.
    The primary focus of capital expenditures is the modernization and expansion of the fleet, including new eco/methanol-ready vessels and a plan to retrofit the existing fleet for enhanced energy efficiency.
    Capitalized interest on vessels under construction also indicates ongoing capital expenditures.

Better Bets than Danaos (DAC)

	DAC	Better Performance than DAC
Metric	Value	Industry (Marine Transportation)
Rev Chg LTM	4.2%	ZIM (43.6%), CMRE (47.5%), CCEC (32.0%), PANL (15.1%), ESEA (7.7%)
Rev Chg 3Y Avg	5.0%	KEX (9.7%), HAFN (37.4%), BWLP (34.4%), CMRE (23.7%), ECO (44.2%)
Op Mgn LTM	49.0%	CCEC (53.5%), GSL (52.2%), ESEA (54.7%)
CFO/Rev LTM	59.3%	GSL (61.1%), ESEA (62.1%)
FCF/Rev LTM	18.1%	HAFN (30.4%), SBLK (25.0%), ZIM (43.4%), ECO (25.2%), GSL (19.4%)
Total Yield	27.2%	ZIM (147.7%), GSL (37.2%), ESEA (31.0%), PSHG (222.6%), EHLD (79.6%)

	DAC	Better Performance than DAC
Metric	Value	Sector (Industrials)
Rev Chg LTM	4.2%	GE (17.7%), RTX (8.8%), UBER (18.2%), GEV (9.4%), BA (10.2%)
Rev Chg 3Y Avg	5.0%	GE (15.7%), CAT (5.8%), RTX (9.4%), UBER (19.6%), BA (10.1%)
Op Mgn LTM	49.0%	CCEC (53.5%), GSL (52.2%), ESEA (54.7%)
CFO/Rev LTM	59.3%	AER (65.4%), AL (60.2%), GSL (61.1%), ESEA (62.1%)
FCF/Rev LTM	18.1%	UNP (24.5%), ADP (20.1%), TDG (22.2%), TRI (24.7%), CNI (20.0%)
Total Yield	27.2%	FLR (50.8%), ZIM (147.7%), GSL (37.2%), CODI (30.9%), ESEA (31.0%)

	DAC	Better Performance than DAC
Metric	Value	All Other Sectors
Rev Chg LTM	4.2%	NVDA (71.6%), AAPL (6.0%), MSFT (15.6%), GOOGL (13.4%), AMZN (10.9%)
Rev Chg 3Y Avg	5.0%	NVDA (92.0%), MSFT (13.2%), GOOGL (11.0%), AMZN (11.3%), AVGO (24.0%)
Op Mgn LTM	49.0%	NVDA (58.1%), MA (58.3%), V (66.4%), APP (52.5%), SCCO (50.3%)
CFO/Rev LTM	59.3%	RY (135.4%), PLD (59.3%), CME (65.0%), CM (61.6%), SPG (65.3%)
FCF/Rev LTM	18.1%	NVDA (43.6%), AAPL (23.5%), MSFT (26.6%), GOOGL (19.1%), AVGO (41.6%)
Total Yield	27.2%	BABA (40.0%), TM (2240.0%), CMCSA (27.4%), BIDU (71.8%), HMC (2501.3%)

		Best Bets In Industrials Sector
	DAC	GATX	VRSK	PAYX	ADT	AME	NDSN	PCTY	TDG	FTV	VRRM
What You Pay
P/E	3.8	17.5	33.2	24.0	10.3	30.0	28.3	35.8	40.2	27.7	70.5
P/EBIT	3.5	8.4	22.6	17.5	5.2	23.9	19.2	25.7	19.5	13.5	20.9
What You Get
Rev Chg Q	6.4%	8.4%	5.9%	10.2%	4.4%	10.8%	12.1%	12.5%	9.3%	2.3%	16.1%
Rev Chg LTM	4.2%	10.7%	7.3%	5.6%	6.3%	3.7%	4.5%	13.3%	12.8%	27.9%	8.5%
Rev Chg 3Y Avg	5.0%	10.3%	13.4%	6.5%	3.4%	5.9%	3.6%	21.4%	18.2%	9.4%	9.1%
FCF/Rev 3Y Avg	21.8%	39.2%	33.2%	31.6%	24.7%	23.2%	21.5%	21.5%	20.8%	20.1%	19.0%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 16%, alpha of 4.2%, and sharpe of 0.76

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	With Danaos Stock Surging, Have You Considered The Downside?	Return
2	DAC Dip Buy Analysis
3	Time To Buy Danaos Stock?	Buy or Fear
4	Danaos (DAC) Valuation Ratios Comparison	Financials
5	Danaos Total Shareholder Return (TSR): 12.4% in 2024 and 6.8% 3-yr compounded annual returns (below peer average)
6	Danaos (DAC) Operating Cash Flow Comparison	Financials
7	Danaos (DAC) Net Income Comparison	Financials
8	Danaos (DAC) Operating Income Comparison	Financials
9	Danaos (DAC) Revenue Comparison	Financials

	Title
0	ARTICLES

Trade Ideas

Select past ideas related to DAC. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
GEO_10312025_Dip_Buyer_FCFYield	10312025	GEO	GEO	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-10.3%	-10.3%	-14.1%
RUN_10312025_Short_Squeeze	10312025	RUN	Sunrun	Special	Short Squeeze PotentialShort Squeeze Potential Has potential for a short squeeze. High short interest, rising short interest and high debt.	-10.2%	-10.2%	-17.5%
PLPC_10312025_Quality_Momentum_RoomToRun_10%	10312025	PLPC	Preformed Line Products	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	-3.4%	-3.4%	-4.8%
VRSK_10172025_Monopoly_xInd_xCD_Getting_Cheaper	10172025	VRSK	Verisk Analytics	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	-7.1%	-7.1%	-10.5%
CARR_10102025_Dip_Buyer_ValueBuy	10102025	CARR	Carrier Global	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-4.2%	-4.2%	-4.2%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
GEO_10312025_Dip_Buyer_FCFYield	10312025	GEO	GEO	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-10.3%	-10.3%	-14.1%
RUN_10312025_Short_Squeeze	10312025	RUN	Sunrun	Special	Short Squeeze PotentialShort Squeeze Potential Has potential for a short squeeze. High short interest, rising short interest and high debt.	-10.2%	-10.2%	-17.5%
PLPC_10312025_Quality_Momentum_RoomToRun_10%	10312025	PLPC	Preformed Line Products	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	-3.4%	-3.4%	-4.8%
VRSK_10172025_Monopoly_xInd_xCD_Getting_Cheaper	10172025	VRSK	Verisk Analytics	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	-7.1%	-7.1%	-10.5%
CARR_10102025_Dip_Buyer_ValueBuy	10102025	CARR	Carrier Global	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-4.2%	-4.2%	-4.2%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
SGML	Sigma Lithium	0.9	32.3%	-28.5%
ZYME	Zymeworks	1.8	29.0%	63.3%
VSTM	Verastem	0.6	21.1%	77.0%
JAZZ	Jazz Pharmaceuticals	10.4	20.6%	38.1%
EYPT	EyePoint Pharmaceuticals	0.9	13.4%	76.3%
PRME	Prime Medicine	0.5	13.4%	30.8%
TERN	Terns Pharmaceuticals	2.3	13.3%	361.4%
TMQ	Trilogy Metals	0.7	13.1%	243.1%
NUVL	Nuvalent	7.8	11.9%	38.0%
FULC	Fulcrum Therapeutics	0.6	11.6%	105.3%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
AIRS	AirSculpt Technologies	0.2	-23.8%	-19.7%
VENU	Venu	0.3	-21.4%	-5.1%
ROCK	Gibraltar Industries	1.4	-20.3%	-20.0%
LB	LandBridge	1.5	-17.0%	-3.8%
ECX	ECARX	0.6	-16.0%	-15.2%
CSIQ	Canadian Solar	1.9	-15.2%	156.0%
FLY	Firefly Aerospace	2.7	-15.1%
DEFT	DeFi Technologies	0.3	-14.6%
UP	Wheels Up Experience	0.7	-13.9%	-43.6%
STUB	Stubhub	4.2	-13.8%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
LXP	LXP Industrial Trust	13.4	383.2%	18.4%
CDTX	Cidara Therapeutics	3.4	110.0%	710.7%
MH	McGraw Hill	2.9	38.2%
KALV	KalVista Pharmaceuticals	0.8	36.5%	75.4%
TERN	Terns Pharmaceuticals	2.3	33.7%	361.4%
SGML	Sigma Lithium	0.9	33.2%	-28.5%
ZYME	Zymeworks	1.8	32.4%	63.3%
JAZZ	Jazz Pharmaceuticals	10.4	27.7%	38.1%
REAL	RealReal	1.6	26.5%	29.7%
FULC	Fulcrum Therapeutics	0.6	25.8%	105.3%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
AVXL	Anavex Life Sciences	0.3	-44.8%	-66.7%
DEFT	DeFi Technologies	0.3	-40.3%
BTDR	Bitdeer Technologies	2.1	-39.8%	-50.9%
ARDT	Ardent Health	1.2	-39.4%	-51.5%
WYFI	Whitefiber	0.7	-37.2%
NKLR	Terra Innovatum Global	0.3	-35.0%
AIRS	AirSculpt Technologies	0.2	-34.2%	-19.7%
CTEV	Claritev	0.6	-34.1%
PSFE	Paysafe	0.4	-33.7%	-60.5%
STUB	Stubhub	4.2	-33.1%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
TERN	Terns Pharmaceuticals	2.3	203.9%	361.4%
VTYX	Ventyx Biosciences	0.7	142.3%	333.8%
CDTX	Cidara Therapeutics	3.4	114.6%	710.7%
INBX	Inhibrx Biosciences	1.2	107.7%	402.3%
COGT	Cogent Biosciences	3.9	105.9%	332.7%
CSIQ	Canadian Solar	1.9	95.1%	156.0%
REPL	Replimune	0.8	94.9%	-27.6%
MBX	MBX Biosciences	0.9	93.7%	39.0%
SNDK	SanDisk	38.6	89.7%
CELC	Celcuity	4.0	77.5%	604.6%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
NKLR	Terra Innovatum Global	0.3	-69.1%
NTLA	Intellia Therapeutics	0.9	-65.7%	-27.3%
SOC	Sable Offshore	0.4	-63.0%	-80.9%
ASPN	Aspen Aerogels	0.3	-61.5%	-74.2%
AVXL	Anavex Life Sciences	0.3	-60.1%	-66.7%
CCOI	Cogent Communications	0.9	-57.4%	-74.4%
LRN	Stride	2.7	-56.7%	-39.6%
FMC	FMC	1.6	-56.0%	-72.1%
BTDR	Bitdeer Technologies	2.1	-55.7%	-50.9%
METC	Ramaco Resources	1.1	-54.7%	105.2%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
SGML	Sigma Lithium	0.9	32.3%	-28.5%
ZYME	Zymeworks	1.8	29.0%	63.3%
VSTM	Verastem	0.6	21.1%	77.0%
JAZZ	Jazz Pharmaceuticals	10.4	20.6%	38.1%
EYPT	EyePoint Pharmaceuticals	0.9	13.4%	76.3%
PRME	Prime Medicine	0.5	13.4%	30.8%
TERN	Terns Pharmaceuticals	2.3	13.3%	361.4%
TMQ	Trilogy Metals	0.7	13.1%	243.1%
NUVL	Nuvalent	7.8	11.9%	38.0%
FULC	Fulcrum Therapeutics	0.6	11.6%	105.3%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
AIRS	AirSculpt Technologies	0.2	-23.8%	-19.7%
VENU	Venu	0.3	-21.4%	-5.1%
ROCK	Gibraltar Industries	1.4	-20.3%	-20.0%
LB	LandBridge	1.5	-17.0%	-3.8%
ECX	ECARX	0.6	-16.0%	-15.2%
CSIQ	Canadian Solar	1.9	-15.2%	156.0%
FLY	Firefly Aerospace	2.7	-15.1%
DEFT	DeFi Technologies	0.3	-14.6%
UP	Wheels Up Experience	0.7	-13.9%	-43.6%
STUB	Stubhub	4.2	-13.8%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
LXP	LXP Industrial Trust	13.4	383.2%	18.4%
CDTX	Cidara Therapeutics	3.4	110.0%	710.7%
MH	McGraw Hill	2.9	38.2%
KALV	KalVista Pharmaceuticals	0.8	36.5%	75.4%
TERN	Terns Pharmaceuticals	2.3	33.7%	361.4%
SGML	Sigma Lithium	0.9	33.2%	-28.5%
ZYME	Zymeworks	1.8	32.4%	63.3%
JAZZ	Jazz Pharmaceuticals	10.4	27.7%	38.1%
REAL	RealReal	1.6	26.5%	29.7%
FULC	Fulcrum Therapeutics	0.6	25.8%	105.3%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
AVXL	Anavex Life Sciences	0.3	-44.8%	-66.7%
DEFT	DeFi Technologies	0.3	-40.3%
BTDR	Bitdeer Technologies	2.1	-39.8%	-50.9%
ARDT	Ardent Health	1.2	-39.4%	-51.5%
WYFI	Whitefiber	0.7	-37.2%
NKLR	Terra Innovatum Global	0.3	-35.0%
AIRS	AirSculpt Technologies	0.2	-34.2%	-19.7%
CTEV	Claritev	0.6	-34.1%
PSFE	Paysafe	0.4	-33.7%	-60.5%
STUB	Stubhub	4.2	-33.1%

Peer Comparisons for Danaos

Financials

	DAC	GSL	GNK	PANL	CMDB	HTCO	Median
Name	Danaos	Global S.	Genco Sh.	Pangaea .	Costamar.	High-Tre.
Mkt Price	95.25	34.71	17.59	6.65	13.88	10.70	15.73
Mkt Cap	1.7	1.2	0.8	0.4	-	-	1.0
Rev LTM	1,030	730	331	580	-	-	655
Op Inc LTM	505	381	4	36	-	-	209
FCF LTM	186	141	-23	-4	-	-	69
FCF 3Y Avg	220	243	33	26	-	-	126
CFO LTM	611	446	46	58	-	-	252
CFO 3Y Avg	603	408	90	65	-	-	249

Growth & Margins

	DAC	GSL	GNK	PANL	CMDB	HTCO	Median
Name	Danaos	Global S.	Genco Sh.	Pangaea .	Costamar.	High-Tre.
Rev Chg LTM	4.2%	4.0%	-24.6%	15.1%	-	-	4.1%
Rev Chg 3Y Avg	5.0%	11.2%	-15.6%	-9.1%	-	-	-2.0%
Rev Chg Q	6.4%	8.7%	-19.5%	19.2%	-	-	7.6%
QoQ Delta Rev Chg LTM	1.6%	2.1%	-5.5%	4.5%	-	-	1.8%
Op Mgn LTM	49.0%	52.2%	1.2%	6.3%	-	-	27.7%
Op Mgn 3Y Avg	55.7%	53.0%	10.6%	9.3%	-	-	31.8%
QoQ Delta Op Mgn LTM	-1.5%	-0.2%	-5.1%	-1.0%	-	-	-1.2%
CFO/Rev LTM	59.3%	61.1%	13.9%	10.0%	-	-	36.6%
CFO/Rev 3Y Avg	60.0%	59.1%	22.4%	12.0%	-	-	40.8%
FCF/Rev LTM	18.1%	19.4%	-7.0%	-0.7%	-	-	8.7%
FCF/Rev 3Y Avg	21.8%	35.5%	7.6%	5.1%	-	-	14.7%

Valuation

	DAC	GSL	GNK	PANL	CMDB	HTCO	Median
Name	Danaos	Global S.	Genco Sh.	Pangaea .	Costamar.	High-Tre.
Mkt Cap	1.7	1.2	0.8	0.4	-	-	1.0
P/S	1.7	1.7	2.3	0.7	-	-	1.7
P/EBIT	3.5	2.9	204.7	12.4	-	-	8.0
P/E	3.8	3.1	-107.6	48.3	-	-	3.5
P/CFO	2.9	2.8	16.6	7.4	-	-	5.1
Total Yield	27.2%	37.2%	4.8%	6.6%	-	-	16.9%
Dividend Yield	0.9%	5.4%	5.7%	4.5%	-	-	5.0%
FCF Yield 3Y Avg	15.5%	27.8%	5.1%	7.9%	-	-	11.7%
D/E	0.4	0.6	0.2	0.3	-	-	0.4
Net D/E	0.1	0.3	0.1	0.2	-	-	0.1

Returns

	DAC	GSL	GNK	PANL	CMDB	HTCO	Median
Name	Danaos	Global S.	Genco Sh.	Pangaea .	Costamar.	High-Tre.
1M Rtn	9.7%	22.0%	9.4%	38.3%	7.7%	39.5%	15.9%
3M Rtn	1.2%	12.8%	8.9%	31.1%	49.7%	72.0%	22.0%
6M Rtn	11.8%	36.8%	29.1%	53.6%	38.7%	27.8%	32.9%
12M Rtn	15.5%	58.8%	7.2%	11.8%	-	-66.0%	11.8%
3Y Rtn	92.6%	147.9%	48.9%	64.9%	-	-	78.8%
1M Excs Rtn	9.6%	21.9%	9.3%	38.1%	7.6%	39.4%	15.8%
3M Excs Rtn	-0.6%	11.8%	8.5%	29.4%	48.0%	58.3%	20.6%
6M Excs Rtn	-0.1%	24.9%	17.2%	41.7%	26.8%	15.9%	21.0%
12M Excs Rtn	3.7%	42.3%	-3.6%	0.4%	-	-77.5%	0.4%
3Y Excs Rtn	15.4%	66.2%	-21.6%	-6.1%	-	-	4.7%

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	6/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	8/5/2025	3/5/2025	2/29/2024	3/9/2023	3/3/2022	3/4/2021	2/27/2020
Key Financials
Total Revenue	1,030	1,014	974	993	690	462	447
EBITDA	657	675	705	717	1,217	309	300
Operating Income	505	533	579	616	358	199	201
Net Income	459	505	576	559	1,053	154	131
EPS	24.38	26.15	28.99	27.30	51.75	6.51	8.29
Growth Rates
Total Revenue Growth	4.2%	4.2%	-2.0%	44.1%	49.4%	3.2%	-2.5%
EBITDA Growth	-7.8%	-4.2%	-1.7%	-41.1%	294.4%	2.9%	86.8%
Operating Income Growth	-8.5%	-8.0%	-6.0%	72.0%	79.6%	-0.8%	1.2%
Net Income Growth	-20.1%	-12.4%	3.1%	-46.9%	585.7%	17.0%	498.5%
Margins
EBITDA Margin	63.8%	66.6%	72.4%	72.2%	176.5%	66.9%	67.0%
Operating Income Margin	49.0%	52.5%	59.5%	62.0%	52.0%	43.2%	45.0%
Net Income Margin	44.6%	49.8%	59.2%	56.3%	152.7%	33.3%	29.3%
Cash & Debt
Total Cash	654	514	358	268	552	66	139
Total Debt	761	735	404	502	1,336	1,463	1,529
Net Debt / (Cash)	107	221	46	234	784	1,397	1,389
Cash Flows
Net Cash from Operations	611	622	576	935	428	266	220
Free Cash from Operations	186	-38	308	736	72	95	199
Returns to Shareholders
Dividends	63	63	61	61	31	-0	-0
Share Repurchases	101	53	71	29	-0	31	-0

$ Mil \| FY: 12/31	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3
Period End	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Filing Date	8/5/2025	5/14/2025	3/5/2025	11/12/2024	8/6/2024	5/28/2024	2/29/2024	11/14/2023	8/7/2023	5/16/2023	3/9/2023	11/8/2022
Key Financials Quarterly
Total Revenue	262	253	258	256	246	253	249	239	241	244	252	260
Ebitda	181	165	141	170	181	184	183	165	179	178	188	107
Operating Income	126	120	127	132	133	140	132	147	148	153	153	166
Net Income	131	115	90	123	141	150	150	133	147	146	153	67
EPS	7.14	6.14	4.74	6.36	7.30	7.75	7.71	6.76	7.32	7.18	7.53	3.29
Key Financials TTM
Total Revenue TTM	1,030	1,014	1,014	1,005	988	983	974	977	998	1,007	993	956
Ebitda TTM	657	656	675	717	713	711	705	711	652	518	717	730
Operating Income TTM	505	512	533	537	552	567	579	600	620	629	616	579
Net Income TTM	459	470	505	565	575	581	576	579	513	374	559	572
Growth Rates Quarterly
Total Revenue Growth	6.4%	-0.1%	3.6%	7.1%	2.0%	4.1%	-1.3%	-8.0%	-3.8%	5.9%	17.4%	32.7%
EBITDA Growth	0.4%	-10.2%	-22.9%	2.6%	0.9%	3.4%	-3.0%	54.9%	301.2%	-52.9%	-6.4%	-59.1%
Operating Income Growth	-5.5%	-14.4%	-3.7%	-9.9%	-10.0%	-8.1%	-13.8%	-11.8%	-5.9%	9.1%	32.5%	48.0%
Net Income Growth	-7.3%	-23.5%	-39.7%	-7.6%	-4.0%	2.9%	-1.8%	99.3%	1687.7%	-55.9%	-8.0%	-69.2%
Margins Quarterly
EBITDA Margin	69.2%	65.2%	54.5%	66.3%	73.3%	72.6%	73.2%	69.1%	74.1%	73.0%	74.6%	41.1%
Operating Income Margin	47.9%	47.5%	49.2%	51.6%	54.0%	55.4%	52.9%	61.3%	61.1%	62.8%	60.7%	63.9%
Net Income Margin	49.9%	45.5%	35.0%	48.0%	57.3%	59.4%	60.1%	55.7%	60.9%	60.0%	60.5%	25.7%
Cash & Debt
Total Cash	654	544	514	481	472	421	358	372	368	360	268	556
Total Debt	761	770	735	679	570	452	404	411	417	489	502	925
Net Debt / (Cash)	107	226	221	198	98	31	46	39	49	130	234	369
Cash Flows Quarterly
FCF from Operations	163	134	157	158	154	153	146	150	153	128	145	169
Cash Flows TTM
FCF from Operations TTM	611	602	622	611	603	602	576	576	595	943	935	921
Returns to Shareholders Quarterly
Dividends	16	16	16	15	15	16	16	15	15	15	15	15
Share Repurchases	19	34	48	0	1	4	18	17	35	1	-0	22
Return on Invested Capital (ROIC) Quarterly
ROIC	78.4%	62.0%	63.5%	64.9%	74.6%	87.3%	79.9%	88.3%	85.6%	76.2%	67.4%	60.3%
Return on Invested Capital (ROIC) TTM
ROIC TTM	78.8%	66.0%	66.5%	66.0%	77.4%	88.0%	87.6%	90.4%	89.2%	77.1%	65.7%	53.6%

Price Behavior

Price Behavior

Market Price	$95.25
Market Cap ($ Bil)	1.7
First Trading Date	10/16/2006
Distance from 52W High	-0.9%
	50 Days	200 Days
DMA Price	$90.57	$85.42
DMA Trend	up	down
Distance from DMA	5.2%	11.5%
	3M	1YR
Volatility	17.4%	27.6%
Downside Capture	37.25	36.27
Upside Capture	36.83	45.58
Correlation (SPY)	30.0%	48.9%

DAC Betas & Captures as of 10/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.43	0.29	0.44	0.49	0.65	0.67
Up Beta	-0.15	0.53	0.90	1.10	0.77	0.70
Down Beta	0.27	0.36	0.43	0.22	0.85	0.78
Up Capture	66%	8%	21%	30%	30%	31%
Bmk +ve Days	14	27	37	74	145	425
Stock +ve Days	12	22	34	69	128	382
Down Capture	72%	28%	37%	5%	40%	79%
Bmk -ve Days	9	17	28	53	106	327
Stock -ve Days	11	22	31	58	122	369

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of DAC With Other Asset Classes (Last 1Y)
	DAC	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	19.8%	7.2%	12.6%	54.8%	4.2%	-2.7%	7.1%
Annualized Volatility	27.6%	18.8%	19.5%	19.7%	16.0%	17.7%	35.7%
Sharpe Ratio	0.63	0.24	0.48	2.10	0.07	-0.31	0.23
Correlation With Other Assets		46.3%	48.2%	7.4%	34.1%	32.2%	18.3%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

		Comparison of DAC With Other Asset Classes (Last 5Y)
	DAC	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	62.4%	14.0%	15.0%	16.2%	12.8%	5.2%	43.8%
Annualized Volatility	45.1%	17.2%	17.1%	15.5%	18.9%	19.0%	49.1%
Sharpe Ratio	1.23	0.66	0.71	0.84	0.56	0.19	0.71
Correlation With Other Assets		33.2%	31.8%	8.4%	22.1%	21.0%	14.3%

Based On 10-Year Data

		Comparison of DAC With Other Asset Classes (Last 10Y)
	DAC	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	2.9%	12.7%	14.2%	13.5%	5.4%	5.5%	73.6%
Annualized Volatility	65.9%	19.9%	18.1%	14.8%	17.7%	20.9%	56.1%
Sharpe Ratio	0.33	0.57	0.68	0.75	0.23	0.24	0.93
Correlation With Other Assets		31.4%	29.3%	5.1%	18.8%	25.4%	8.5%

Short Interest

Short Interest: As Of Date	10312025
Short Interest: Shares Quantity	461,997
Short Interest: % Change Since 10152025	-9.8%
Average Daily Volume	52,255
Days-to-Cover Short Interest	8.84
Basic Shares Quantity	18,344,000
Short % of Basic Shares	2.5%

Returns Analyses

	Title
0	With Danaos Stock Surging, Have You Considered The Downside?

SEC Filings

Expand for More

Report Date	Filing Date	Filing
6302025	8052025	6-K 6/30/2025
3312025	5142025	6-K 3/31/2025
12312024	3052025	20-F 12/31/2024
9302024	11122024	6-K 9/30/2024
6302024	8062024	6-K 6/30/2024
3312024	5282024	6-K 3/31/2024
12312023	2292024	20-F 12/31/2023
9302023	11142023	6-K 9/30/2023
6302023	8072023	6-K 6/30/2023
3312023	5162023	6-K 3/31/2023
12312022	3092023	20-F 12/31/2022
9302022	11082022	6-K 9/30/2022
6302022	8022022	6-K 6/30/2022
3312022	5172022	6-K 3/31/2022
12312021	3032022	20-F 12/31/2021
9302021	11092021	6-K 9/30/2021

Insider Activity

Expand for More

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

Prefer one of these to Trefis? Tell us why.

Danaos (DAC)

Market Price (11/18/2025): $94.95 | Market Cap: $1.7 BilSector: Industrials | Industry: Marine Transportation

Danaos (DAC)

Market Price (11/18/2025): $94.95Market Cap: $1.7 BilSector: IndustrialsIndustry: Marine Transportation

Market Valuation & Key Metrics

DAC Stock

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About Danaos (DAC)

Danaos Corporation (DAC) Capital Allocation Decisions (Last 3-5 Years)

Share Repurchases

Outbound Investments

Capital Expenditures

Interactive Breakdown

Better Bets than Danaos (DAC)

Latest Trefis Analyses

Trade Ideas

Recent Active Movers

1 Day Top Gainers

1 Day Top Losers

1 Week Top Gainers

1 Week Top Losers

1 Month Top Gainers

1 Month Top Losers

Recent Active Movers

1 Day Top Gainers

1 Day Top Losers

1 Week Top Gainers

1 Week Top Losers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Danaos

Financials

Growth & Margins

Valuation

Returns

Comparison Analyses

FDIC Bank Data

Bank Capital

Bank Deposits

Bank Assets

Bank Loans

Financials

Segment Financials

Price Behavior

Based On 1-Year Data

Based On 5-Year Data

Based On 10-Year Data

Short Interest

Returns Analyses

Earnings Returns History

SEC Filings

Insider Activity

Industry Resources

External Quote Links

Market Price (11/18/2025): $94.95 | Market Cap: $1.7 Bil
Sector: Industrials | Industry: Marine Transportation

Market Price (11/18/2025): $94.95
Market Cap: $1.7 Bil
Sector: Industrials
Industry: Marine Transportation