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DAC (Danaos) Market Cap : $1,531 Mil (As of Dec. 14, 2024)


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What is Danaos Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Danaos's share price for the quarter that ended in Sep. 2024 was $86.74. Danaos's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 19 Mil. Therefore, Danaos's market cap for the quarter that ended in Sep. 2024 was $1,677 Mil.

Danaos's quarterly market cap increased from Mar. 2024 ($1,398 Mil) to Jun. 2024 ($1,787 Mil) but then declined from Jun. 2024 ($1,787 Mil) to Sep. 2024 ($1,677 Mil).

Danaos's annual market cap declined from Dec. 2021 ($1,547 Mil) to Dec. 2022 ($1,072 Mil) but then increased from Dec. 2022 ($1,072 Mil) to Dec. 2023 ($1,438 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Danaos's Enterprise Value for Today is $1,725 Mil.


Danaos Market Cap Historical Data

The historical data trend for Danaos's Market Cap 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.

* Premium members only.

Danaos Market Cap Chart

Danaos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 227.57 438.23 1,546.50 1,071.62 1,438.15

Danaos Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap 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 1,291.09 1,438.15 1,397.85 1,786.76 1,676.97

Competitive Comparison of Danaos's Market Cap

For the Marine Shipping subindustry, Danaos's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Danaos's Market Cap Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Danaos's Market Cap distribution charts can be found below:

* The bar in red indicates where Danaos's Market Cap falls into.



Danaos Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Danaos's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$74.06*19.4187
=$1,438

Danaos's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=$86.74*19.3333
=$1,677

* 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  (NYSE:DAC) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Danaos Market Cap Related Terms

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Danaos Business Description

Traded in Other Exchanges
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.