Danaos' revenues increased year over year and will likely continue to increase or at least remain stable. Profitability is in decline, but despite this, market cap is still significantly lower than it should be. Danaos' balance sheet gives it plenty of room for growth and flexibility to respond to industry changes.
Danaos Corp. (DAC) has aggressively executed share buybacks, totaling $213.6 million, capitalizing on its undervalued stock price. DAC's management prudently slowed buybacks as the share price approached $100, aligning with their focus on preserving cashflows. Despite the price increase, DAC's buyback yield remains attractive, supporting the thesis that the stock is still undervalued near $100.
Danaos Corporation ( DAC ) Q3 2025 Earnings Call November 18, 2025 9:00 AM EST Company Participants Evangelos Chatzis - VP, CFO, Treasurer & Secretary John Coustas - Chairman, President & CEO Conference Call Participants Omar Nokta - Jefferies LLC, Research Division Climent Molins - Value Investor's Edge Presentation Operator Good day, and welcome to the Danaos Corporation conference call to discuss the financial results for the 3 months ended September 30, 2025. As a reminder, today's call is being recorded.
| Marine Transportation Industry | Industrials Sector | John Koustas CEO | XMUN Exchange | MHY1968P1218 ISIN |
| GR Country | 4 Employees | 2 Dec 2025 Last Dividend | 2 May 2019 Last Split | - IPO Date |
Danaos Corporation, alongside its subsidiaries, specializes in providing container and drybulk vessel services, particularly operative within Australia, Asia, and Europe. This company is a significant player in the seaborne transportation industry, focusing on the management of vessels in both the containership and drybulk sectors. Originating as Danaos Holdings Limited, the entity underwent a name change to Danaos Corporation in October 2005, signifying a step forward in its evolving identity. Founded in 1963 and headquartered in Piraeus, Greece, Danaos Corporation boasts a long-standing history in the maritime shipping sector, underscored by its growth and expansion over the years. As of April 03, 2024, the company's operational fleet encompasses 68 containerships, providing a substantial capacity of 421,293 twenty-foot equivalent units, showcasing its considerable presence and capability within the shipping industry.
Danaos Corporation offers extensive container vessel services, facilitating the global transportation of goods across major international routes. With a sophisticated fleet of 68 containerships and a capacity of 421,293 twenty-foot equivalent units as of early 2024, the company caters to a wide range of shipping needs, providing reliable and efficient services to clients worldwide. The focus on containership services underscores Danaos's commitment to supporting global trade and commerce by ensuring the smooth transshipment of a vast array of cargo.
In addition to container vessel services, Danaos Corporation extends its expertise to the drybulk sector, offering specialized vessels for the transportation of dry bulk cargos. This service caters to the needs of various industries requiring the movement of bulk materials that are not suitable for containerized shipment. By operating in the drybulk shipping sector, Danaos plays a critical role in the maritime transport of commodities such as grains, coal, ore, and other similar products, contributing significantly to the efficiency and sustainability of global supply chains.