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| Date | Value |
|---|---|
| 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 |