Danaos Past Earnings Performance
Past criteria checks 3/6
Danaos has been growing earnings at an average annual rate of 37.6%, while the Shipping industry saw earnings growing at 51.6% annually. Revenues have been growing at an average rate of 21.3% per year. Danaos's return on equity is 19.1%, and it has net margins of 59.2%.
Key information
37.6%
Earnings growth rate
38.2%
EPS growth rate
| Shipping Industry Growth | 61.1% |
| Revenue growth rate | 21.3% |
| Return on equity | 19.1% |
| Net Margin | 59.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Danaos makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 974 | 576 | 44 | 0 |
| 30 Sep 23 | 977 | 579 | 44 | 0 |
| 30 Jun 23 | 998 | 513 | 44 | 0 |
| 31 Mar 23 | 1,007 | 374 | 44 | 0 |
| 31 Dec 22 | 993 | 559 | 44 | 0 |
| 30 Sep 22 | 956 | 572 | 40 | 0 |
| 30 Jun 22 | 892 | 723 | 40 | 0 |
| 31 Mar 22 | 787 | 1,088 | 40 | 0 |
| 31 Dec 21 | 690 | 1,053 | 44 | 0 |
| 30 Sep 21 | 594 | 930 | 32 | 0 |
| 30 Jun 21 | 517 | 756 | 31 | 0 |
| 31 Mar 21 | 488 | 421 | 29 | 0 |
| 31 Dec 20 | 462 | 154 | 24 | 0 |
| 30 Sep 20 | 452 | 144 | 25 | 0 |
| 30 Jun 20 | 445 | 135 | 25 | 0 |
| 31 Mar 20 | 441 | 127 | 26 | 0 |
| 31 Dec 19 | 447 | 131 | 27 | 0 |
| 30 Sep 19 | 453 | -84 | 28 | 0 |
| 30 Jun 19 | 459 | 10 | 29 | 0 |
| 31 Mar 19 | 460 | -14 | 28 | 0 |
| 31 Dec 18 | 459 | -33 | 26 | 0 |
| 30 Sep 18 | 457 | 171 | 24 | 0 |
| 30 Jun 18 | 453 | 66 | 22 | 0 |
| 31 Mar 18 | 453 | 80 | 22 | 0 |
| 31 Dec 17 | 452 | 84 | 23 | 0 |
| 30 Sep 17 | 450 | -385 | 23 | 0 |
| 30 Jun 17 | 448 | -416 | 39 | 0 |
| 31 Mar 17 | 471 | -392 | 39 | 0 |
| 31 Dec 16 | 498 | -366 | 38 | 0 |
| 30 Sep 16 | 530 | 87 | 38 | 0 |
| 30 Jun 16 | 562 | 137 | 22 | 0 |
| 31 Mar 16 | 567 | 131 | 22 | 0 |
| 31 Dec 15 | 568 | 117 | 22 | 0 |
| 30 Sep 15 | 565 | 59 | 22 | 0 |
| 30 Jun 15 | 560 | 39 | 21 | 0 |
| 31 Mar 15 | 555 | 18 | 21 | 0 |
| 31 Dec 14 | 552 | -4 | 21 | 0 |
| 30 Sep 14 | 558 | 43 | 21 | 0 |
| 30 Jun 14 | 567 | 30 | 20 | 0 |
| 31 Mar 14 | 578 | 32 | 20 | 0 |
| 31 Dec 13 | 588 | 38 | 19 | 0 |
| 30 Sep 13 | 593 | -75 | 20 | 0 |
| 30 Jun 13 | 601 | -91 | 20 | 0 |
Quality Earnings: DVW1 has high quality earnings.
Growing Profit Margin: DVW1's current net profit margins (59.2%) are higher than last year (56.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DVW1 has become profitable over the past 5 years, growing earnings by 37.6% per year.
Accelerating Growth: DVW1's earnings growth over the past year (3.1%) is below its 5-year average (37.6% per year).
Earnings vs Industry: DVW1 earnings growth over the past year (3.1%) did not outperform the Shipping industry 10.8%.
Return on Equity
High ROE: DVW1's Return on Equity (19.1%) is considered low.