Danaos Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,042	1,014	973.58	993.34	689.51
Revenue Growth (YoY)	2.79%	4.16%	-1.99%	44.07%	49.38%
Cost of Revenue	208.78	278.99	221.79	206.29	170.38
Gross Profit	833.68	735.12	751.79	787.06	519.13
Selling, General & Admin	64.41	55.28	44.37	44.38	43.95
Other Operating Expenses	63.06	-	-	-	-
Operating Expenses	334.91	203.62	173.66	178.65	160.87
Operating Income	498.77	531.5	578.14	608.4	358.26
Interest Expense	-46.46	-29.82	-24.09	-65.76	-72.61
Interest & Investment Income	19.55	22.17	13.19	169.99	46.57
Earnings From Equity Investments	-1.04	-1.63	-3.99	-	68.03
Other Non Operating Income (Expenses)	-4.92	-0.3	-4.4	-0.36	3.22
EBT Excluding Unusual Items	465.89	521.92	558.85	712.27	403.46
Gain (Loss) on Sale of Investments	31.22	-25.18	17.87	-176.39	543.65
Gain (Loss) on Sale of Assets	-	8.33	1.64	37.23	-
Other Unusual Items	-2.5	-	-2.05	4.35	111.62
Pretax Income	494.61	505.07	576.3	577.46	1,059
Income Tax Expense	-	-	-	18.25	5.89
Net Income	494.61	505.07	576.3	559.21	1,053
Net Income to Common	494.61	505.07	576.3	559.21	1,053
Net Income Growth	-2.07%	-12.36%	3.06%	-46.89%	585.67%
Shares Outstanding (Basic)	18	19	20	20	20
Shares Outstanding (Diluted)	18	19	20	21	21
Shares Change (YoY)	-4.67%	-2.61%	-2.91%	-0.40%	-13.53%
EPS (Basic)	26.83	26.15	28.99	27.30	51.75
EPS (Diluted)	26.76	26.05	28.95	27.28	51.15
EPS Growth	2.73%	-10.02%	6.12%	-46.67%	693.02%
Free Cash Flow	348.06	-37.59	308.26	735.61	72.39
Free Cash Flow Per Share	18.84	-1.94	15.49	35.88	3.52
Dividend Per Share	3.500	3.300	3.100	3.000	2.250
Dividend Growth	6.06%	6.45%	3.33%	33.33%	-
Gross Margin	79.97%	72.49%	77.22%	79.23%	75.29%
Operating Margin	47.84%	52.41%	59.38%	61.25%	51.96%
Profit Margin	47.45%	49.80%	59.19%	56.30%	152.69%
Free Cash Flow Margin	33.39%	-3.71%	31.66%	74.05%	10.50%
EBITDA	662.13	675.31	686.2	685.98	444.48
EBITDA Margin	63.52%	66.59%	70.48%	69.06%	64.46%
D&A For EBITDA	163.37	143.81	108.07	77.57	86.22
EBIT	498.77	531.5	578.14	608.4	358.26
EBIT Margin	47.84%	52.41%	59.38%	61.25%	51.96%
Effective Tax Rate	-	-	-	3.16%	0.56%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.