Danaos Corporation (DAC)
Danaos Corporation operates in the Marine Shipping industry of the Industrials sector, headquartered in Piraeus, GI, GR. The stock last traded at $161.19, down 0.75% on the session, giving a market capitalisation of $2.93B. On trailing twelve-month figures it carries a trailing P/E of 5.44, a net margin of 51.3%. Its beta of 0.86 implies it has historically moved less than the broad market.
Danaos Corporation, operating through its subsidiaries, specializes in the ownership and management of containerships across key global markets including Australia, Asia, Europe, and the United States. The company's core business involves providing essential seaborne transportation by chartering its vessels to various international liner companies. As of February 28, 2022, its fleet consisted of 71 containerships, offering a combined capacity of 436,589 twenty-foot equivalent units. Originally founded in 1963 and headquartered in Piraeus, Greece, the company was known as Danaos Holdings Limited until it officially adopted the name Danaos Corporation in October 2005.
Danaos Corporation is most often compared with the following Industrials names: