Danaos Corporation
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.04B | $1.01B | $973.6M | $993.3M | $689.5M | $461.6M | $447.2M | $458.7M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $64.4M | $54.2M | $43.5M | $36.6M | $44.0M | $24.3M | $26.8M | $26.3M |
| Operating Income | $498.8M | $540.9M | $580.7M | $653.4M | $358.3M | $199.5M | $201.1M | $-12.1M |
| Operating Margin | 47.8% | 53.3% | 59.6% | 65.8% | 52.0% | 43.2% | 45.0% | -2.6% |
| Interest Expense | — | $45.3M | $20.5M | $62.1M | $69.0M | $53.5M | $72.1M | $85.7M |
| Pretax Income | $494.6M | $505.1M | $576.3M | $577.5M | $1.06B | $153.6M | $131.3M | — |
| Income Tax Expense | $0 | $0 | $0 | $18.3M | $5.9M | — | — | — |
| Net Income | $494.6M | $505.1M | $576.3M | $559.2M | $1.05B | $153.6M | $131.3M | $-32.9M |
| Net Margin | 47.4% | 49.8% | 59.2% | 56.3% | 152.7% | 33.3% | 29.3% | -7.2% |
| EPS (Basic) | $26.83 | $26.15 | $28.99 | $27.30 | $51.75 | $6.51 | $8.29 | $-3.10 |
| EPS (Diluted) | $26.76 | $26.05 | $28.95 | $27.28 | $51.15 | $6.45 | $8.09 | $-3.10 |
| Shares Outstanding (Basic) | 18.4M | 19.3M | 19.9M | 20.5M | 20.3M | 23.6M | 15.8M | 10.6M |
| Shares Outstanding (Diluted) | 18.5M | 19.4M | 19.9M | 20.5M | 20.6M | 23.8M | 16.2M | 10.6M |
| Dividends Per Share | $3.45 | $3.25 | $3.05 | $3.00 | $1.50 | — | — | — |