DAC (Danaos) Construction In Progress: $553 Mil (As of Mar. 2026)


DAC Danaos Corp DAC
81 GF Score
Price $125.29
GF Value $92.04
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Danaos Construction In Progress?

Danaos DAC -1.73% 81 Construction In Progress is $553 Mil as of Mar. 2026. GuruFocus rates DAC with a GF Score™ of 81/100 and a GF Value™ of $92.04 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Danaos's quarterly construction in progress increased from Sep. 2025 ($397 Mil) to Dec. 2025 ($428 Mil) and increased from Dec. 2025 ($428 Mil) to Mar. 2026 ($553 Mil).

Danaos's annual construction in progress declined from Dec. 2023 ($302 Mil) to Dec. 2024 ($266 Mil) but then increased from Dec. 2024 ($266 Mil) to Dec. 2025 ($428 Mil).

Danaos Construction In Progress Historical Data

* Premium members only.

The historical data trend for Danaos's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Danaos Construction In Progress Chart

Danaos Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 190.74 301.92 265.84 428.15

Danaos Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 285.49 304.69 396.80 428.15 553.42
DAC
81GF Score
Danaos Corp DAC
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Danaos Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $553 Mil mean?
Danaos (DAC) has a Construction In Progress of $553 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Danaos and its competitors.
Is Danaos' Construction In Progress too high?
Danaos' current Construction In Progress is $553 Mil. Overall, Danaos has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Danaos' Construction In Progress compare to NMM and CMRE?
Danaos' Construction In Progress of $553 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Transportation company?
A good Construction In Progress depends on the Transportation industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Danaos and its competitors. Danaos's current Construction In Progress is $553 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danaos stock overvalued right now?
Based on GuruFocus' analysis, Danaos (DAC) is currently considered Significantly Overvalued. The stock's GF Value™ is $92.04, compared to a current price of $125.29 — trading 36.1% above its estimated fair value. The current Construction In Progress is $553 Mil. Danaos' overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Danaos (DAC), the current Construction In Progress is $553 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Danaos (DAC) Overvalued in 2026?

Based on GuruFocus' analysis, Danaos stock appears to be overvalued. The current stock price of $125.29 is trading 36.1% above its estimated GF Value™ of $92.04. GuruFocus considers Danaos to be Significantly Overvalued.

Key valuation signals for DAC:

  • Construction In Progress: $553 Mil
  • GF Value™: $92.04 vs. price of $125.29 (36.1% above fair value)
  • GF Score™: 81/100 with 9 warning signs

No single metric tells the full story. See the DAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Danaos Business Description

Other Exchanges DVW1:Germany
Address c/o Danaos Shipping Co. Ltd, 14 Akti Kondyli, Piraeus, GRC, 185 45
Danaos Corp is an international owner of containerships. It provides international seaborne transportation services by operating vessels in the containership sector of the shipping industry. The company's customers include HMM, MSC, Yang Ming, Hapag Lloyd, ZIM, Maersk, COSCO, OOCL, ONE, PIL, Sealead, Niledutch, Samudera, OSC, and Arkas. Geographically, the company operates in Australia, Asia, Europe, and America, with maximum revenue from the Australia-Asia region. It has two reporting segments: Container vessels and Drybulk vessels segment. It generates the majority of its revenue from Container vessels.
81GF Score

Get the complete analysis for DAC

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$125.29
Price
$92.04
GF Value