Owns container vessels and drybulk vessels that transport goods for liner companies.
Dec 2025Revenue $1.04B/yrExpenses $544M/yr
Expected to fall below break-even Nov 2031
Figures by year
Is Danaos still profitable?
Yes. In the 12 months to Dec 2025, revenue was $1.04B and expenses $544M. Its expenses are growing faster than its revenue, and the trends are projected to cross in Nov 2031.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $1.04B | $544M | $499M |
| Dec 2024 | $1.01B | $473M | $541M |
| Dec 2023 | $974M | $393M | $581M |
| Dec 2022 | $993M | $340M | $653M |
| Dec 2021 | $690M | $331M | $358M |
| Dec 2020 | $462M | $262M | $199M |
| Dec 2019 | $447M | $246M | $201M |
| Dec 2018 | $459M | $471M | −$12.1M |
| Dec 2017 | $452M | $264M | $187M |
| Dec 2016 | $498M | $711M | −$213M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.