Danaos (DAC) Beginning Cash Balance (2009 - 2026)

Danaos (DAC) posted Beginning Cash Balance of $1.0 billion for Q1 2026, up 128.79% on a QoQ basis from $453.4 million in Q1 2025, and up 128.79% year-over-year from $453.4 million in Q1 2025.

Danaos (DAC) Beginning Cash Balance (2009 - 2026) Analysis & Trends

Danaos' Beginning Cash Balance history runs 15 years deep, the most recent figure standing at $1.0 billion for Q1 2026.

  • Quarterly Beginning Cash Balance rose 128.79% year-over-year to $1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.0 billion (up 128.79% YoY) and the FY2025 annual result came in at $453.4 million, up 66.8% from the prior year.
  • Beginning Cash Balance was $1.0 billion for Q1 2026 at Danaos, up from $453.4 million in the prior quarter.
  • Across five years, Beginning Cash Balance topped out at $1.0 billion in Q1 2026 and bottomed at $267.7 million in Q1 2023.
  • A 4-year average of $507.5 million and a median of $362.6 million in 2024 frame the typical range for Beginning Cash Balance.
  • Annual changes were most pronounced in 2024 — Beginning Cash Balance climbed 1.55% — and 2026, when it soared 128.79%.
  • Danaos' Beginning Cash Balance stood at $267.7 million in 2023, then gained by 1.55% to $271.8 million in 2024, then jumped by 66.8% to $453.4 million in 2025, then surged by 128.79% to $1.0 billion in 2026.
  • Business Quant data shows DAC's Beginning Cash Balance at $1.0 billion in Q1 2026, $453.4 million in Q1 2025, and $271.8 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 ZIM Integrated Shipping Services 2,980,606.42 Bn 2,980,605.50 Bn 57.20 Mn
2 Danaos 2,561.78 Bn 2,560.91 Bn 203.71 Mn
3 Sfl 1,559.45 Bn 1,559.30 Bn 66.27 Mn
4 Capital Clean Energy Carriers 1,408.80 Bn 1,408.26 Bn 95.52 Mn
5 Globus Maritime 61.42 Bn 61.39 Bn 8,083.00
6 Kirby 8.27 Bn 8.19 Bn 291.34 Mn
7 Matson 6.49 Bn 6.39 Bn -
8 Intercont (Cayman) 3.86 Bn 3.85 Bn -
9 Hafnia 3.73 Bn 3.61 Bn 152.41 Mn
10 Star Bulk Carriers 3.18 Bn 2.69 Bn 493.84 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.04 Bn
Mar 31, 2026 1.04 Bn
Mar 31, 2025 453.38 Mn
Mar 31, 2025 453.38 Mn
Mar 31, 2024 271.81 Mn
Mar 31, 2024 271.81 Mn
Mar 31, 2023 267.67 Mn
Mar 31, 2023 267.67 Mn
Mar 31, 2020 139.17 Mn
Mar 31, 2020 139.17 Mn
Mar 31, 2019 77.28 Mn
Mar 31, 2019 77.28 Mn
Mar 31, 2017 73.72 Mn
Mar 31, 2017 73.72 Mn
Mar 31, 2016 72.25 Mn
Mar 31, 2016 72.25 Mn
Mar 31, 2015 57.73 Mn
Mar 31, 2015 57.73 Mn
Mar 31, 2014 68.15 Mn
Mar 31, 2014 68.15 Mn