Danaos Corp (DAC) SEC Filings & Earnings Calls
EquiReason read 8 Danaos Corp SEC filings in the last 12 months. Latest: 6-K on 2026-10-09 — Danaos Corp explores carve-out and sale of minority stake in dry bulk segment, mandates investment banks for potential equity placement and listing in Norwegian market..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 2.9B
- P/E TTM
- 5.4
- Dividend yield
- 2.2%
- 52-week
- —
- Next earnings
- 9 Nov, in 16 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
9 Oct 20266-KDanaos Corp explores carve-out and sale of minority stake in dry bulk segment, mandates investment banks for potential equity placement and listing in Norwegian market.open
Figures in the filing · each found in the filing text
| Capesize vessels on-water · dry bulk · 2026-10-09 | 11 |
Risks flagged
Transaction may not be completed; no assurance on terms or timing.
“There can be no assurance that any transaction or listing will be pursued or completed, or as to its terms or timing.” · word for word
18 Jun 20266-KDanaos Corporation reports second consecutive year of >$1B revenue, strong free cash flow, low leverage; expands into LNG with Glenfarne partnership; backlog growth.earningsopen
Risks flagged
Geopolitical risks: Red Sea crisis, Strait of Hormuz tensions, trade route disruptions.
“2025 began under the shadow of the Red Sea crisis... Tensions in the Strait of Hormuz flared.” · word for word
12 May 20266-KDanaos reported Q1 2026 operating revenues of $253.7M (flat YoY), with container segment down 2.8% and drybulk up 40.9%.earningsopen
Figures in the filing · each found in the filing text
| Operating revenues · Q1-2026 | $254M | +0% y/y |
| Container vessel operating revenues · Container vessels · Q1-2026 | $230M | -3% y/y |
| Drybulk vessel operating revenues · Drybulk vessels · Q1-2026 | $24M | +41% y/y |
| Container vessel utilization · Container vessels · Q1-2026 | 97.7% | |
| Drybulk vessel utilization · Drybulk vessels · Q1-2026 | 82.0% | |
| Drybulk Time Charter Equivalent rate per day · Drybulk vessels · Q1-2026 | $24825.00 | +136% y/y |
| Vessel operating expenses · Q1-2026 | $50M | -3% y/y |
| Average daily operating costs · Q1-2026 | $6680.00 | -5% y/y |
Risks flagged
Container segment revenue decline due to lower charter rates and non-cash revenue recognition.
“$6.9 million decrease in revenues as a result of lower charter rates between the two periods; $7.2 million decrease in revenues due to non-cash revenue recognition.” · word for word
Drybulk utilization declined significantly to 82.0% from 92.4%.
“Our drybulk vessels utilization for the three months ended March 31, 2026 was 82.0% compared to 92.4% in the three months ended March 31, 2025.” · word for word
27 Feb 202620-FAnnual report for FY2025 showing strong contracted revenue backlog of $4.3 billion, fleet expansion with 27 containerships and 4 drybulk vessels under construction, and strategic entry into LNG shipping.earningsopen
Figures in the filing · each found in the filing text
| Total contracted cash operating revenues · Container Vessel · FY2025 | $4.30B | |
| Remaining average contracted charter duration · Container Vessel · FY2025 | $4.30 | |
| Number of containerships · Container Vessel · FY2025 | 75 | |
| Containership capacity (TEU) · Container Vessel · FY2025 | 477,491 | |
| Number of drybulk vessels · Dry Bulk · FY2025 | 11 | |
| Drybulk capacity (DWT) · Dry Bulk · FY2025 | 1,943,286 | |
| Number of containerships under construction · Container Vessel · FY2025 | 27 | |
| Containership capacity under construction (TEU) · Container Vessel · FY2025 | 174,550 | |
| Drybulk capacity under construction (DWT) · Dry Bulk · FY2025 | 844,000 | |
| Outstanding indebtedness · FY2025 | $1.18B |
Risks flagged
Customer Concentration Risk
“In 2025, approximately 66% of our operating revenues were generated by six customers, including 21% from CMA CGM and 16% from MSC” · word for word
Trade Protectionism / Tariff Risk
“Any decrease in shipping volume, including due to any trade disruptions resulting from tariffs recently announced by the United States and retaliatory tariffs from China and other countries, could adversely impact our liner company customers and, in turn, demand for containerships.”
Containership Oversupply Risk
“The size of the containership order book increased significantly in 2021 through 2025, and at the end of 2025, newbuilding containerships represented approximately 35.4% of the existing global fleet capacity” · word for word
Interest Rate Exposure
“Loans under our credit facilities are, generally, advanced at a floating rate based on SOFR, which increased significantly in recent years before declining slightly in 2025.” · word for word
Geopolitical / Red Sea Disruption Reversal Risk
“The easing of these disruptions could therefore adversely affect charter rates.” · word for word
20 Jan 20266-KDanaos Corporation announces strategic partnership with Glenfarne Group to advance Alaska LNG Project; includes $50M equity investment and preferred tonnage provider for six LNG carriers.open
Figures in the filing · each found in the filing text
| fleet TEU capacity · container vessels · current | 477,491 | |
| newbuild TEU capacity · container vessels under construction · current | 163,950 |
Risks flagged
Project execution risk; Alaska LNG project still in development phase
“Alaska LNG project has two phases; Phase Two (LNG export) not yet built”
18 Nov 20256-KDanaos reports Q3 2025: revenue +1.8% YoY to $260.7M, container revenue +1.5%, drybulk +4.9%. Lower charter rates offset fleet growth. Operating expenses increased.earningsopen
Figures in the filing · each found in the filing text
| Operating revenues · Q3-2025 | $261M | +2% y/y |
| Container vessel revenues · container vessels · Q3-2025 | $239M | +2% y/y |
| Drybulk vessel revenues · drybulk vessels · Q3-2025 | $22M | +5% y/y |
| Container fleet utilization · container vessels · Q3-2025 | 98.1% | |
| Drybulk fleet utilization · drybulk vessels · Q3-2025 | 100.0% | |
| Average daily operating cost · Q3-2025 | $6927.00 | +1% y/y |
Risks flagged
Lower charter rates partially offset fleet growth benefits.
“$4.3 million decrease in revenues as a result of lower charter rates.” · word for word
Danaos Corp — questions
- What did Danaos Corp file recently?
- 8 SEC filings in the last 12 months. Latest: 6-K on 2026-10-09 — Danaos Corp explores carve-out and sale of minority stake in dry bulk segment, mandates investment banks for potential equity placement and listing in Norwegian market.
Every figure on this page comes from Danaos Corp's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.