Danaos announces Q3 adjusted EPS of $6.75, up from $6.50 a year ago
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 17 2025
0mins
Should l Buy DAC?
Q3 Revenue Performance: The company reported Q3 revenue of $260.7 million, an increase from $256.2 million the previous year, indicating stable operating conditions despite ongoing geopolitical tensions.
Market Conditions and Demand: The charter market remains strong with low idle fleet levels, and demand for mid-size and larger vessels continues to grow, supported by new charters secured through 2028.
Newbuilding Program and Financing: The company has extended its newbuilding program at below market prices and completed a $500 million unsecured bond offering to refinance existing debt and fund fleet modernization.
Strategic Outlook: CEO John Coustas emphasized the importance of maintaining a strong contract backlog and profitable performance while navigating the complexities of global trade and geopolitical issues.
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Analyst Views on DAC
About DAC
Danaos Corporation is a holding company and an international owner of containerships, chartering its vessels to a range of liner companies. The Company's principal business is the acquisition and operation of vessels. The Company conducts its operations through the vessel owning companies, whose principal activity is the ownership and operation of containerships that are under the management of a related party of the company. The Company's manager is Danaos Shipping Company Limited (Danaos Shipping). The Company has a fleet of over 50 containerships aggregating approximately 329,590 twenty-foot equivalent units (TEUs). Its containership fleet includes approximately 53 containerships deployed on time charters and approximately two containerships deployed on bareboat charter. Gemini Shipholdings Corporation (Gemini), a company beneficially owned by the Company, owns approximately four additional containerships of over 24,000 TEU aggregate capacity.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Danaos Q4 Earnings Exceed Expectations
- Earnings Beat: Danaos reported a Q4 non-GAAP EPS of $7.14, surpassing expectations by $0.37, which reflects the company's strong profitability and boosts investor confidence.
- Revenue Growth: The company achieved revenues of $266.2 million, a 3.1% year-over-year increase, exceeding market expectations by $9.2 million, indicating enhanced competitiveness and operational efficiency.
- Revenue Analysis: The revenue increase of $7.8 million was primarily driven by higher fleet utilization, while newbuilding containership additions contributed an additional $5.2 million; however, lower charter rates and a decrease in non-cash revenue recognition led to declines of $7.8 million and $2.0 million, respectively, highlighting the impact of market fluctuations on revenue.
- Market Outlook: Despite industry shifts, Danaos is considered severely undervalued, and the partnership with Glenfarne to advance the Alaska LNG project is expected to further expand its business and market share.
See More
Danaos Corporation Reports Strong 2025 Financial Results
- Revenue Growth: Danaos Corporation reported operating revenues of $266.3 million for Q4 2025, reflecting a 3.1% increase from $258.2 million in Q4 2024, showcasing strong performance in the global shipping market, particularly in container transportation.
- Profit Improvement: The net income for Q4 2025 reached $117.9 million, up from $90.4 million in Q4 2024, indicating the company's ability to effectively manage costs and enhance operational efficiency.
- Increased Long-term Contracts: By the end of 2025, Danaos secured total contracted revenues of $4.3 billion, providing strong earnings visibility amid future market fluctuations, which boosts investor confidence.
- Debt Management Optimization: Danaos successfully completed a $500 million unsecured bond offering at a 6.875% coupon rate, further optimizing its capital structure and enhancing its access to the international debt capital markets.
See More
Danaos Scheduled to Announce Q4 Earnings on February 9
- Earnings Announcement: Danaos is set to release its Q4 2023 earnings on February 9 after market close, with consensus EPS estimate at $6.46, reflecting a 6.8% year-over-year decline, and revenue estimate at $253 million, down 2.0% year-over-year, indicating potential profitability challenges ahead.
- Historical Performance Review: Over the past two years, Danaos has beaten EPS estimates only 13% of the time while exceeding revenue estimates 63% of the time, suggesting a relatively stable revenue performance but significant volatility in profitability.
- Market Reaction Analysis: Despite industry shifts, Danaos is considered severely undervalued, leading to cautious market sentiment that may impact investor confidence and stock price performance.
- Business Development Updates: Danaos currently boasts a $4.1 billion charter backlog and is partnering with Glenfarne to advance the Alaska LNG project, demonstrating proactive efforts in expanding its business and market positioning.
See More
Danaos Corporation to Release Q4 2025 Earnings on February 9, 2026
- Earnings Release Schedule: Danaos Corporation will announce its Q4 2025 earnings after the New York market closes on February 9, 2026, which is expected to influence investor decisions.
- Conference Call Timing: The management team will host a conference call on February 10, 2026, at 9:00 A.M. ET to discuss the earnings report, enhancing transparency and communication with investors.
- Dial-in Information: Participants are required to dial in 10 minutes early, with provided U.S. and international dial-in numbers, ensuring smooth participation and increasing investor engagement.
- Webcast and Replay: The call will be available via live audio webcast on Danaos' website, with a replay accessible within 48 hours post-call, allowing investors who missed the live event to catch up on the information.
See More
Danaos Corporation to Release Q4 2025 Results on February 9, 2026
- Earnings Release Schedule: Danaos Corporation will announce its Q4 2025 results after the market closes on February 9, 2026, which is expected to provide investors with critical financial performance data that could influence market expectations for future earnings.
- Conference Call Details: The management team will host a conference call on February 10, 2026, at 9:00 A.M. ET to discuss the earnings report, allowing investors to dial in using specified numbers to stay updated on the company's latest developments.
- Replay Service: A telephonic replay of the conference call will be available until February 17, 2026, enabling investors who cannot participate live to access important information through designated numbers, ensuring broader communication of key insights.
- Webcast Availability: Danaos Corporation will provide a live audio webcast of the conference call on its website, requiring participants to register in advance, with an archived version available within 48 hours post-call to enhance transparency and investor engagement.
See More
Danaos (DAC) Partners with Glenfarne to Invest $50M in Alaska LNG Project
- Strategic Partnership: Danaos has entered into a strategic partnership with Glenfarne Group, committing $50 million to the Alaska LNG project, positioning itself as the preferred tonnage provider to enhance global LNG transportation capabilities.
- Phased Project Development: The Alaska LNG project will be developed in two phases, with Phase 1 focusing on a 765-mile pipeline to meet domestic energy needs, while Phase 2 will establish an LNG liquefaction terminal with an export capacity of 20 million metric tons per year.
- Ownership Structure: Glenfarne holds a 75% stake in the Alaska LNG project, with the Alaska Gasline Development Corporation owning the remaining 25%, providing a stable equity foundation for Danaos's investment.
- Market Potential: This partnership not only strengthens Danaos's competitive position in the LNG transportation market but also leverages Alaska's abundant natural gas resources to meet the growing global energy demand, driving long-term growth for the company.
See More
Danaos Q4 Earnings Exceed Expectations
- Earnings Beat: Danaos reported a Q4 non-GAAP EPS of $7.14, surpassing expectations by $0.37, which reflects the company's strong profitability and boosts investor confidence.
- Revenue Growth: The company achieved revenues of $266.2 million, a 3.1% year-over-year increase, exceeding market expectations by $9.2 million, indicating enhanced competitiveness and operational efficiency.
- Revenue Analysis: The revenue increase of $7.8 million was primarily driven by higher fleet utilization, while newbuilding containership additions contributed an additional $5.2 million; however, lower charter rates and a decrease in non-cash revenue recognition led to declines of $7.8 million and $2.0 million, respectively, highlighting the impact of market fluctuations on revenue.
- Market Outlook: Despite industry shifts, Danaos is considered severely undervalued, and the partnership with Glenfarne to advance the Alaska LNG project is expected to further expand its business and market share.
See More
Danaos Corporation Reports Strong 2025 Financial Results
- Revenue Growth: Danaos Corporation reported operating revenues of $266.3 million for Q4 2025, reflecting a 3.1% increase from $258.2 million in Q4 2024, showcasing strong performance in the global shipping market, particularly in container transportation.
- Profit Improvement: The net income for Q4 2025 reached $117.9 million, up from $90.4 million in Q4 2024, indicating the company's ability to effectively manage costs and enhance operational efficiency.
- Increased Long-term Contracts: By the end of 2025, Danaos secured total contracted revenues of $4.3 billion, providing strong earnings visibility amid future market fluctuations, which boosts investor confidence.
- Debt Management Optimization: Danaos successfully completed a $500 million unsecured bond offering at a 6.875% coupon rate, further optimizing its capital structure and enhancing its access to the international debt capital markets.
See More
Danaos Scheduled to Announce Q4 Earnings on February 9
- Earnings Announcement: Danaos is set to release its Q4 2023 earnings on February 9 after market close, with consensus EPS estimate at $6.46, reflecting a 6.8% year-over-year decline, and revenue estimate at $253 million, down 2.0% year-over-year, indicating potential profitability challenges ahead.
- Historical Performance Review: Over the past two years, Danaos has beaten EPS estimates only 13% of the time while exceeding revenue estimates 63% of the time, suggesting a relatively stable revenue performance but significant volatility in profitability.
- Market Reaction Analysis: Despite industry shifts, Danaos is considered severely undervalued, leading to cautious market sentiment that may impact investor confidence and stock price performance.
- Business Development Updates: Danaos currently boasts a $4.1 billion charter backlog and is partnering with Glenfarne to advance the Alaska LNG project, demonstrating proactive efforts in expanding its business and market positioning.
See More
Danaos Corporation to Release Q4 2025 Earnings on February 9, 2026
- Earnings Release Schedule: Danaos Corporation will announce its Q4 2025 earnings after the New York market closes on February 9, 2026, which is expected to influence investor decisions.
- Conference Call Timing: The management team will host a conference call on February 10, 2026, at 9:00 A.M. ET to discuss the earnings report, enhancing transparency and communication with investors.
- Dial-in Information: Participants are required to dial in 10 minutes early, with provided U.S. and international dial-in numbers, ensuring smooth participation and increasing investor engagement.
- Webcast and Replay: The call will be available via live audio webcast on Danaos' website, with a replay accessible within 48 hours post-call, allowing investors who missed the live event to catch up on the information.
See More
Danaos Corporation to Release Q4 2025 Results on February 9, 2026
- Earnings Release Schedule: Danaos Corporation will announce its Q4 2025 results after the market closes on February 9, 2026, which is expected to provide investors with critical financial performance data that could influence market expectations for future earnings.
- Conference Call Details: The management team will host a conference call on February 10, 2026, at 9:00 A.M. ET to discuss the earnings report, allowing investors to dial in using specified numbers to stay updated on the company's latest developments.
- Replay Service: A telephonic replay of the conference call will be available until February 17, 2026, enabling investors who cannot participate live to access important information through designated numbers, ensuring broader communication of key insights.
- Webcast Availability: Danaos Corporation will provide a live audio webcast of the conference call on its website, requiring participants to register in advance, with an archived version available within 48 hours post-call to enhance transparency and investor engagement.
See More
Danaos (DAC) Partners with Glenfarne to Invest $50M in Alaska LNG Project
- Strategic Partnership: Danaos has entered into a strategic partnership with Glenfarne Group, committing $50 million to the Alaska LNG project, positioning itself as the preferred tonnage provider to enhance global LNG transportation capabilities.
- Phased Project Development: The Alaska LNG project will be developed in two phases, with Phase 1 focusing on a 765-mile pipeline to meet domestic energy needs, while Phase 2 will establish an LNG liquefaction terminal with an export capacity of 20 million metric tons per year.
- Ownership Structure: Glenfarne holds a 75% stake in the Alaska LNG project, with the Alaska Gasline Development Corporation owning the remaining 25%, providing a stable equity foundation for Danaos's investment.
- Market Potential: This partnership not only strengthens Danaos's competitive position in the LNG transportation market but also leverages Alaska's abundant natural gas resources to meet the growing global energy demand, driving long-term growth for the company.
See More
