Danaos Corporation (DAC)

Danaos Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	983.46	973.58	993.34	689.51	461.59	447.24
Revenue Growth (YoY)	-2.34%	-1.99%	44.07%	49.37%	3.21%	-2.50%
Cost of Revenue	218.06	203.13	194.12	160.2	125.21	114.1
Gross Profit	765.4	770.46	799.23	529.31	336.38	333.15
Selling, General & Admin	46.88	43.48	36.58	43.95	24.34	26.84
Other Operating Expenses	151.9	146.31	109.22	127.1	112.56	105.24
Operating Expenses	198.78	189.8	145.79	171.05	136.9	132.08
Operating Income	566.61	580.66	653.44	358.26	199.48	201.07
Interest Expense / Income	16.87	20.46	62.14	68.99	53.5	72.07
Other Expense / Income	-30.85	-16.1	13.84	-769.46	-7.57	-2.25
Pretax Income	580.6	576.3	577.46	1,059	153.55	131.25
Income Tax	0	0	18.25	5.89	0	0
Net Income	580.6	576.3	559.21	1,053	153.55	131.25
Net Income Growth	55.26%	3.06%	-46.89%	585.67%	16.99%	-
Shares Outstanding (Basic)	19	20	20	20	24	16
Shares Outstanding (Diluted)	20	20	21	21	24	16
Shares Change	-3.76%	-2.91%	-0.40%	-13.53%	46.76%	52.70%
EPS (Basic)	29.54	28.99	27.30	51.75	6.51	8.29
EPS (Diluted)	29.43	28.95	27.28	51.15	6.45	8.09
EPS Growth	59.95%	6.12%	-46.67%	693.02%	-20.27%	-
Free Cash Flow	216.28	312.17	864.68	72.39	95.02	198.52
Free Cash Flow Per Share	11.14	15.70	42.22	3.56	4.03	12.54
Dividend Per Share	3.100	3.050	3.000	1.500	-	-
Dividend Growth	3.33%	1.67%	100.00%	-	-	-
Gross Margin	77.83%	79.14%	80.46%	76.77%	72.87%	74.49%
Operating Margin	57.61%	59.64%	65.78%	51.96%	43.22%	44.96%
Profit Margin	59.04%	59.19%	56.30%	152.70%	33.27%	29.35%
Free Cash Flow Margin	21.99%	32.06%	87.05%	10.50%	20.58%	44.39%
Effective Tax Rate	-	-	3.16%	0.56%	-	-
EBITDA	729.08	726.05	773.87	1,245	308.58	299.83
EBITDA Margin	74.13%	74.57%	77.91%	180.51%	66.85%	67.04%
Depreciation & Amortization	131.62	129.29	134.27	116.92	101.53	96.51
EBIT	597.46	596.76	639.6	1,128	207.05	203.32
EBIT Margin	60.75%	61.30%	64.39%	163.56%	44.86%	45.46%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).