Danaos Corporation (DAC) quarterly cash flow statement — complete operating, investing & financing history
Danaos Corporation (DAC) cash flow statement — 23-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 197.03M | 163.14M | 162.71M | 177.31M | 172.72M | 133.86M | 156.64M | 157.54M | 154.28M | 153.29M | 140.27M | 150.39M | 153.37M | 127.59M | 162.62M | 139.01M | 501.01M | 119.46M | 117.84M | 86.15M |
| Operating CF Margin % | 71.81% | 64.3% | 61.11% | 68% | 65.88% | 52.84% | 60.67% | 61.5% | 62.64% | 60.48% | 56.26% | 62.87% | 63.51% | 52.38% | 64.41% | 53.46% | 199.67% | 51.96% | 54.8% | 43.97% |
| Operating CF Growth % | 14.08% | 21.87% | 3.88% | 12.54% | 11.95% | -12.68% | 11.67% | 4.76% | 0.59% | 20.14% | -13.74% | 8.18% | -69.39% | 6.81% | 38% | 61.37% | 379.51% | 35.36% | 47.96% | 24.55% |
| Net Income | 151.81M | 140.42M | 117.91M | 130.65M | 130.9M | 115.15M | 90.43M | 123M | 141.15M | 150.5M | 149.92M | 133.16M | 147.02M | 146.2M | 152.72M | 66.8M | 8.22M | 331.46M | 166M | 217.23M |
| Depreciation & Amortization | 52.26M | 54.12M | 52.29M | 51.94M | 52.21M | 40.03M | 40.38M | 38.73M | 34.34M | 30.36M | 34.68M | 32.7M | 30.56M | 24.99M | 36.18M | 37.23M | 18.04M | 16.71M | 36.56M | 33.58M |
| Stock-Based Compensation | 0 | 2.39M | 0 | 0 | 0 | 1.71M | 9.81M | 1.59M | 1.58M | 1.58M | 12.68M | 0 | 0 | 0 | 0 | 0 | 124K | 124K | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -97.86M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -30.2M | -31.11M | -9.45M | -1.62M | -11.34M | -4.33M | 22.71M | 540K | -10.86M | -7.93M | 62.56M | 5.45M | -5.62M | -2.88M | -14.54M | 65.84M | 152.52M | -101.81M | -74.79M | -133.56M |
| Working Capital Changes | 23.16M | -2.69M | 1.96M | -3.68M | 944K | -18.69M | -6.68M | -6.31M | -11.94M | -21.22M | -21.7M | -20.92M | -18.59M | -40.72M | -11.74M | -30.85M | 322.11M | -127.02M | -9.92M | -31.11M |
| Change in Receivables | 13.43M | 1.44M | -3.87M | -946.69K | 3.74M | -2.85M | -4.27M | 5.89M | -6.65M | -1.51M | -12.11M | -8.13M | -1.52M | -1.94M | -3.03M | 1.14M | -7.8M | -866K | 1.57M | -917.31K |
| Change in Inventory | 0 | -12.04M | 0 | 1.02M | 5.43M | -3.17M | -188K | -1.78M | -1.71M | 4.31M | -7.63M | -814.48K | -329.45K | 407K | -325.02K | -1.28M | -2.06M | 193K | -498.39K | -1.32M |
| Change in Payables | -2.25M | 15.15M | -908.82K | -286.4K | -8.56M | 3.11M | 4.22M | 1.25M | 2.34M | -752K | 3.91M | 577.01K | -3.84M | -1.03M | 5.84M | 610.72K | -3.85M | 2.79M | 1.52M | 1.42M |
| Cash from Investing | -234.91M | -164.56M | -97.51M | -97.54M | -56.83M | -84.01M | -78.55M | -241.02M | -207.81M | -123.41M | -136.86M | -98.89M | -94.91M | -6.08M | 16.38M | 141.08M | 3.33M | 10.96M | -36.29M | -246.28M |
| Capital Expenditures | -176.57M | -151.64M | -97.5M | -97.33M | -25.46M | -85.69M | -78.14M | -239.35M | -217.73M | -124.13M | -137.7M | -98.92M | -24.26M | -5.74M | -103.64M | -7.75M | -82M | -2.04M | -84.17M | -258.02M |
| CapEx % of Revenue | 64.35% | 59.77% | 36.62% | 37.33% | 9.71% | 33.83% | 30.26% | 93.43% | 88.4% | 48.98% | 55.23% | 41.35% | 10.05% | 2.35% | 41.05% | 2.98% | 32.68% | 0.89% | 39.14% | 131.7% |
| Acquisitions | 0 | 0 | -24.68K | 12.48K | 64.86K | 0 | -417K | -1.23M | 0 | 0 | -46.95K | -1.76K | 28.09K | -4.26M | 113.02M | -417.56K | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 139 | 1.68M | 0 | -443K | 9.92M | 716K | 0 | 0 | 0 | 3.91M | 0 | 0 | 85.33M | 13M | 1.53M | 14.16M |
| Cash from Financing | 170.03M | -159.66M | 387.44M | -26.56M | -46.68M | -22.69M | -9.04M | 95.37M | 101.65M | 22.64M | -38.18M | -38.46M | -124.52M | -29.6M | -459.33M | -63.52M | -370.43M | -61.51M | -47.02M | -41.29M |
| Debt Issued (Net) | 186.28M | -131.52M | 426.26M | -9.66M | -8.42M | 35.2M | 55.07M | 111.71M | 119.13M | 48.13M | -6.59M | -6.92M | -6.97M | -13.5M | -431.82M | 108.95M | -335.49M | -40.59M | -37.41M | -38.69M |
| Equity Issued (Net) | 22.13K | -6.82M | -22.45M | -395.01K | -21.49M | -33.77M | -47.62M | -492K | -1.09M | -4.13M | -17.55M | -16.69M | -35.41M | -581K | -809.78K | -20.74M | -6.33M | 0 | 0 | 0 |
| Dividends Paid | -16.27M | -16.38M | -16.37M | -16.51M | -16.77M | -15.89M | -16.32M | -15.48M | -15.48M | -15.54M | -14.91M | -14.89M | -15.32M | -15.26M | -16.05M | -13.35M | -15.54M | -15.54M | -9.61M | -9.96M |
| Share Repurchases | 22.13K | -6.82M | -22.45M | -395.01K | -21.49M | -33.77M | -47.62M | -492K | -1.09M | -4.13M | -18.28M | -16.69M | -35.41M | -581K | -809.78K | -20.74M | -6.33M | 0 | 0 | 0 |
| Other Financing | 0 | -4.94M | 0 | 0 | -1K | -8.22M | -172K | -375K | -905K | -5.83M | 874.71K | 32.8K | -66.82M | -250K | -10.65M | -138.38M | -13.08M | -5.38M | 0 | 7.36M |
| Net Change in Cash | 132.06M | -161.09M | 440.92M | 50.21M | 65.62M | 27.16M | 69.05M | 11.89M | 48.12M | 52.52M | -34.48M | 12.96M | -66.25M | 91.91M | -301.68M | 236.77M | 133.91M | 68.91M | 36.2M | -200.86M |
| Free Cash Flow | 20.46M | 11.5M | 65.21M | 79.98M | 147.26M | 48.17M | 78.5M | -81.81M | -63.45M | 29.16M | 2.57M | 51.46M | 129.11M | 121.86M | 58.98M | 131.27M | 419.01M | 117.42M | 33.68M | -171.87M |
| FCF Margin % | 7.46% | 4.53% | 24.49% | 30.67% | 56.17% | 19.02% | 30.41% | -31.93% | -25.76% | 11.51% | 1.03% | 21.51% | 53.47% | 50.03% | 23.36% | 50.48% | 166.99% | 51.07% | 15.66% | -87.73% |
| FCF Growth % | -86.1% | -76.13% | -16.94% | 197.76% | 332.07% | 65.16% | 2954.64% | -258.96% | -149.15% | -76.07% | -95.64% | -60.79% | -69.19% | 3.78% | 75.14% | 176.38% | 303.24% | 34.93% | 122.52% | -378.28% |
| FCF per Share | 1.12 | 0.63 | 3.55 | 4.35 | 8.00 | 2.56 | 4.08 | -4.19 | -3.25 | 1.49 | 0.13 | 2.61 | 6.43 | 5.99 | 2.91 | 6.46 | 20.23 | 5.67 | 1.65 | -8.34 |
| FCF Conversion (FCF/Net Income) | 1.30x | 1.16x | 1.38x | 1.36x | 1.32x | 1.16x | 1.73x | 1.28x | 1.09x | 1.02x | 0.94x | 1.13x | 1.04x | 0.87x | 1.06x | 2.08x | 60.92x | 0.36x | 0.71x | 0.40x |
| Interest Paid | 0 | 23.11M | 0 | 0 | 0 | 15.25M | 3.37M | 12.88M | -2.83M | 8.16M | 0 | 0 | 0 | 0 | 0 | 0 | 7.13M | 20.12M | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |