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.
Revenue of Danaos Corporation (DAC)
Revenue in 2023 (TTM): $952.38 M
According to Danaos Corporation's latest financial reports the company's current revenue (TTM) is $952.38 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Danaos Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $952.38 M | $622.51 M | $731.78 M | $580.29 M | $576.3 M |
| 2022 | $993.34 M | $664.96 M | $787.63 M | $577.46 M | $559.21 M |
| 2021 | $689.51 M | $412.39 M | $444.48 M | $1.06 B | $1.05 B |
| 2020 | $461.59 M | $234.85 M | $315.64 M | $153.55 M | $93.15 M |
| 2019 | $447.24 M | $236.64 M | $309.66 M | $131.25 M | $57.03 M |
| 2018 | $458.73 M | $234.16 M | $171.43 M | $-32,936,000 | $-32,936,000 |
| 2017 | $451.73 M | $216.92 M | $296.09 M | $83.91 M | $83.91 M |
| 2016 | $498.33 M | $245.98 M | $-110,390,000 | $-366,195,000 | $-366,195,000 |
| 2015 | $567.94 M | $311.13 M | $417.24 M | $117.02 M | $117.02 M |
| 2014 | $552.09 M | $288.3 M | $381.9 M | $-3,920,000 | $-3,920,000 |
| 2013 | $588.12 M | $316.86 M | $429.33 M | $37.52 M | $37.52 M |
| 2012 | $589.01 M | $308.21 M | $150.25 M | $-105,204,000 | $-105,204,000 |
| 2011 | $468.1 M | $338.21 M | $449.33 M | $67.26 M | $13.44 M |
| 2010 | $359.68 M | $263.48 M | $23.29 M | $-127,601,000 | $-102,341,000 |
| 2009 | $319.51 M | $219.84 M | $141.5 M | $72.16 M | $36.09 M |
| 2008 | $298.91 M | $202.18 M | $199.99 M | $150.3 M | $115.24 M |
| 2007 | $258.85 M | $185.67 M | $169.79 M | $140.66 M | $215.26 M |
| 2006 | $245.59 M | $177.56 M | $139.89 M | $122.85 M | $101.08 M |
| 2005 | $241.38 M | $179.97 M | $177.3 M | $139.92 M | $122.85 M |
| 2004 | $208.27 M | $155.71 M | $161.81 M | $132.62 M | $116.46 M |
| 2003 | $146.12 M | $146.12 M | $108.68 M | $ | $59.85 M |