Danaos Corp (DAC)
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.
Sector: Deep Sea Foreign Transportation of Freight
Industry: Marine Shipping
Danaos Corporation
NYSE:DACIndustrials · Marine Shipping
+0.34%$158.34
AH Close$158.34+0.00%vs close
AH Close$158.34+0.00%vs close
Mkt Cap$2.88B
Float8.41M
O/S18.2M
Inst Own21.2%
SI14.9%
Div Yield6.06%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.04B
Net Income$494.61M
Total Assets$5.11B
Free Cash Flow$322.29M
Debt & Equity
Debt 23%
Equity 77%
Total Debt$1.16B
Total Equity$3.8B
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:14Reverse splitMay 2, 201914 shares → 1
Balance Sheet Details
Assets$5.11B
Liabilities$1.32B
Accounts Receivable$38.73M
Accounts Payable$118.66M
Inventory$0
PP&E (Net)$3.27B
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Revenue | $1.04B | $1.01B | $973.58M | $993.34M | $689.5M | $461.59M | $447.24M | $458.73M | $451.73M | $498.33M | $567.94M | $552.09M | $588.12M | $589.01M | $468.1M | $359.68M | $319.51M | $298.9M | $258.85M | $245.59M | $241.38M | $208.27M | $146.12M |
| YoY Growth | 2.8% | 4.2% | -2.0% | 44.1% | 49.4% | 3.2% | -2.5% | 1.5% | -9.4% | -12.3% | 2.9% | -6.1% | -0.2% | 25.8% | 30.1% | 12.6% | 6.9% | 15.5% | 5.4% | 1.7% | 15.9% | 42.5% | - |
| Cost of Revenue | $208.78M | $398.17M | $332.41M | $328.39M | $277.11M | $226.74M | $210.6M | $224.57M | $234.81M | $252.35M | $256.8M | $263.79M | $271.26M | $280.8M | $129.89M | $96.2M | $99.67M | $96.72M | $73.17M | $68.02M | $61.41M | $52.56M | $0 |
| Gross Profit | $833.68M | $615.94M | $641.17M | $664.96M | $412.39M | $234.85M | $236.64M | $234.16M | $216.92M | $245.98M | $311.13M | $288.3M | $316.86M | $308.21M | $338.21M | $263.48M | $219.84M | $202.18M | $185.67M | $177.56M | $179.97M | $155.71M | $146.12M |
| Gross Margin | 80.0% | 60.7% | 65.9% | 66.9% | 59.8% | 50.9% | 52.9% | 51.0% | 48.0% | 49.4% | 54.8% | 52.2% | 53.9% | 52.3% | 72.3% | 73.3% | 68.8% | 67.6% | 71.7% | 72.3% | 74.6% | 74.8% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $64.41M | $54.23M | $43.48M | $36.58M | $43.95M | $24.34M | $35.57M | $35.57M | $29.42M | $27.63M | $25.68M | $25.83M | $24.94M | $26.45M | $21.03M | $23.25M | $14.54M | $11.62M | $9.96M | $7.57M | $5.06M | $4.05M | $0 |
| Other | $270.5M | $20.83M | $17.02M | -$25.05M | $10.18M | $11.03M | $0 | $0 | $0 | $0 | $111K | $0 | $0 | $0 | $111.98M | $82.56M | $69.2M | $41.61M | $47.02M | $22M | $31.24M | $26.12M | $0 |
| Total Operating Expenses | $334.91M | $75.06M | $60.51M | $11.52M | $54.13M | $35.37M | $35.57M | $35.57M | $29.42M | $27.63M | $25.68M | $25.83M | $24.94M | $26.45M | $133.01M | $105.81M | $83.74M | $53.22M | $56.98M | $29.58M | $36.29M | $30.17M | $0 |
| Operating Income (EBIT) | $498.77M | $540.88M | $580.66M | $653.44M | $358.26M | $199.48M | $201.07M | -$12.12M | $187.5M | -$212.64M | $244.38M | $192.41M | $272.47M | $152.96M | $205.2M | $86.16M | $136.1M | $148.96M | $128.69M | $147.99M | $143.68M | $125.11M | $146.12M |
| Operating Margin | 47.8% | 53.3% | 59.6% | 65.8% | 52.0% | 43.2% | 45.0% | -2.6% | 41.5% | -42.7% | 43.0% | 34.9% | 46.3% | 26.0% | 43.8% | 24.0% | 42.6% | 49.8% | 49.7% | 60.3% | 59.5% | 60.1% | 100.0% |
| Interest Expense | $46.56M | $29.78M | $20.46M | $62.14M | $68.99M | $55.84M | $74.77M | $88.73M | $91.18M | $104.98M | $145.25M | $223.35M | $91.19M | $105.45M | $55.12M | $47.21M | $38.5M | $39.78M | $22.42M | $29.24M | $23.41M | $11.56M | $0 |
| Interest Income | $19.55M | $12.89M | $12.13M | $4.59M | $12.23M | $6.64M | $6.41M | $5.78M | $5.58M | $4.68M | $3.42M | $1.7M | $2.21M | $1.64M | $1.3M | $964K | $2.43M | $6.54M | $4.86M | $3.6M | $6.34M | $2.64M | $0 |
| Other Income (Expense) | -$4.15M | -$35.81M | -$4.36M | -$75.98M | $700.47M | -$45.93M | -$69.82M | -$20.81M | -$103.59M | -$153.55M | -$127.36M | -$196.32M | -$234.94M | -$258.17M | -$137.95M | -$258.09M | -$63.94M | $1.34M | -$5.6M | -$46.91M | -$20.83M | $7.51M | -$50.73M |
| Income Before Tax (EBT) | $494.61M | $505.07M | $576.3M | $577.46M | $1.06B | $153.55M | $131.25M | -$32.94M | $83.91M | -$366.19M | $117.02M | -$3.92M | $37.52M | -$105.2M | $67.26M | -$127.6M | $72.16M | $150.3M | $140.66M | $122.85M | $139.92M | $132.62M | $0 |
| Income Tax Expense | $0 | $0 | $0 | $18.25M | $5.89M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $191.77M | $260.01M | $100.01M | $33.72M | -$86.57M | $46.91M | $20.83M | $74.56M | -$59.85M |
| Net Income | $494.61M | $505.07M | $576.3M | $559.21M | $1.05B | $153.55M | $57.03M | -$32.94M | $83.91M | -$366.19M | $117.02M | -$3.92M | $37.52M | -$105.2M | $13.44M | -$102.34M | $36.09M | $115.24M | $215.26M | $101.08M | $122.85M | $116.46M | $59.85M |
| Net Income Margin | 47.4% | 49.8% | 59.2% | 56.3% | 152.7% | 33.3% | 12.8% | -7.2% | 18.6% | -73.5% | 20.6% | -0.7% | 6.4% | -17.9% | 2.9% | -28.5% | 11.3% | 38.6% | 83.2% | 41.2% | 50.9% | 55.9% | 41.0% |
| Supplementary Data | |||||||||||||||||||||||
| EPS | 26.83 | 26.15 | 28.99 | 27.30 | 51.75 | 3.95 | 3.60 | -3.10 | 10.70 | -46.69 | 14.98 | -0.50 | 4.76 | -13.44 | 1.68 | -18.99 | 9.24 | 29.54 | 55.30 | 30.24 | 38.78 | 36.82 | 18.90 |
| Diluted EPS | 26.76 | 26.05 | 28.95 | 27.28 | 51.15 | 3.91 | 3.52 | -3.10 | 10.70 | -46.69 | 14.98 | -0.50 | 4.76 | -13.44 | 1.68 | -18.99 | 9.24 | 29.54 | 55.30 | 30.24 | 38.78 | 36.82 | 18.90 |
| Weighted Average OS | 18.43M | 19.32M | 19.88M | 20.48M | 20.35M | 23.59M | 15.83M | 10.62M | 7.84M | 7.84M | 7.84M | 7.83M | 7.83M | 7.83M | 7.79M | 5.39M | 3.90M | 3.90M | 3.90M | 3.34M | 3.16M | 3.16M | 3.16M |
| EBITDA | $748.62M | $675.07M | $704.83M | $717.17M | $1.22B | $308.58M | $300.93M | $160.53M | $289.34M | -$115.92M | $417.24M | $381.9M | $429.33M | $150.25M | $449.33M | $23.29M | $141.5M | $199.99M | $169.79M | $139.88M | $177.3M | $161.81M | $108.67M |
| EBITDA Margin | 71.8% | 66.6% | 72.4% | 72.2% | 176.5% | 66.9% | 67.3% | 35.0% | 64.1% | -23.3% | 73.5% | 69.2% | 73.0% | 25.5% | 96.0% | 6.5% | 44.3% | 66.9% | 65.6% | 57.0% | 73.5% | 77.7% | 74.4% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Assets | |||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||
| Cash and Cash Equivalents | $1.04B | $453.38M | $271.81M | $267.67M | $129.41M | $65.66M | $139.17M | $77.28M | $66.89M | $73.72M | $72.25M | $57.73M | $68.15M | $55.63M | $51.36M | $229.84M | $122.05M | $120.72M | $63.49M | $43.08M | $38M | $97.01M | $0 |
| Short-Term Investments | $0 | $60.85M | $86.03M | $0 | $423.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $860K | $3.69M | $0 |
| Cash and Short-Term Investments | $1.04B | $514.23M | $357.84M | $267.67M | $552.43M | $65.66M | $139.17M | $77.28M | $66.89M | $73.72M | $72.25M | $57.73M | $68.15M | $55.63M | $51.36M | $229.84M | $122.05M | $120.72M | $63.49M | $43.08M | $38.86M | $100.7M | $0 |
| Accounts Receivable | $38.73M | $92.54M | $73.39M | $54.81M | $37.91M | $27.98M | $7.14M | $9.22M | $40.51M | $40.63M | $11.61M | $26.36M | $8.04M | $16.41M | $18M | $15.22M | $12.38M | $12.52M | $13.81M | $5.03M | $20.16M | $2.57M | $0 |
| Inventory | $0 | $23.88M | $24.51M | $16.1M | $12.58M | $9.62M | $8.49M | $8.88M | $8.84M | $11.39M | $11.04M | $11.66M | $14.5M | $17.73M | $16.19M | $9.92M | $7.65M | $8.07M | $5.76M | $3.77M | $2.59M | $2.75M | $0 |
| Other Current Assets | $243.4M | $38.41M | $44.12M | $32.64M | $27.54M | $14.33M | $13.61M | $5.18M | $5.71M | $8.86M | $32.41M | $2.82M | $35.36M | $3.37M | $3.53M | $10.44M | $157.37M | $3.49M | $2.86M | $6.48M | $1.66M | $22.13M | $102.54M |
| Total Current Assets | $1.32B | $670.97M | $501.77M | $372.52M | $632.49M | $118.45M | $190.39M | $119.75M | $126M | $135.95M | $127.57M | $103.07M | $126.87M | $98.67M | $93.29M | $266.83M | $300.5M | $250.19M | $132.99M | $59.7M | $64.01M | $129.54M | $102.54M |
| Long-Term Assets | |||||||||||||||||||||||
| Property, Plant & Equipment Net | $3.27B | $3.56B | $3.05B | $2.91B | $2.94B | $2.48B | $2.39B | $2.48B | $2.8B | $2.91B | $3.45B | $3.62B | $3.84B | $3.99B | $3.77B | $3.18B | $2.77B | $1.34B | $1.18B | $1.02B | $654.22M | $809.25M | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $270K | $0 | $0 | $78.23M | $40.42M | $36.25M | $40.6M | $30.68M | $39.98M | $28.69M | $2.47M | $2.91M | $0 | $0 | $0 | $1.07B | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $524.81M | $116.54M | $110.64M | $115.48M | $53.54M | $37.76M | $62.34M | $43.51M | $23.83M | $53.7M | $83.23M | $95.09M | $94.6M | $124.33M | $128.58M | $44.4M | $74.36M | $170.8M | $756.3M | $220.88M | $227.52M | $67.19M | $734.47M |
| Total Long-Term Assets | $3.79B | $3.67B | $3.16B | $3.03B | $2.99B | $2.6B | $2.49B | $2.56B | $2.86B | $2.99B | $3.57B | $3.75B | $3.94B | $4.11B | $3.89B | $3.22B | $2.84B | $2.58B | $1.94B | $1.24B | $881.75M | $876.44M | $734.47M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $5.11B | $4.34B | $3.66B | $3.4B | $3.63B | $2.71B | $2.68B | $2.68B | $2.99B | $3.13B | $3.7B | $3.85B | $4.07B | $4.21B | $3.99B | $3.49B | $3.14B | $2.83B | $2.07B | $1.3B | $945.76M | $1.01B | $837.02M |
| Liabilities | |||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||
| Accounts Payable | $118.66M | $29.04M | $22.82M | $24.5M | $18.93M | $10.61M | $11.17M | $10.48M | $11.37M | $11.16M | $12.97M | $12.51M | $13.12M | $8.99M | $12.15M | $14.75M | $49.54M | $13.9M | $11.57M | $9.65M | $6.07M | $5.56M | $0 |
| Short-Term Debt | $283.01M | $35.22M | $21.3M | $54.97M | $95.75M | $155.66M | $119.67M | $113.78M | $2.33B | $2.5B | $269.98M | $224.65M | $203.85M | $182.46M | $41.96M | $21.62M | $2.33B | $42.22M | $25.62M | $22.76M | $57.52M | $61.34M | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $49.66M | $63.82M | $111.15M | $83.18M | $19.48M | $17.96M | $19.75M | $22.85M | $27.72M | $9.85M | $13.72M | $7.3M | $5.45M | $6.99M | $9.68M | $5.63M | $11.43M | $6.71M | $6.74M | $3.99M | $4.61M | $0 |
| Other Current Liabilities | $0 | $31.39M | $39.76M | $10.18M | $8.64M | $28.41M | $57.13M | $77.77M | $15.09M | $21.44M | $18.18M | $76.03M | $144.47M | $162.39M | $157.14M | $129.75M | $100.06M | $48.22M | $1.4M | $1.47M | $0 | $6.09M | $60.98M |
| Total Current Liabilities | $401.68M | $168.95M | $168.16M | $228.41M | $319.31M | $239.69M | $223.08M | $222.7M | $2.38B | $2.57B | $312.14M | $328.08M | $369.89M | $365.25M | $231.69M | $246.5M | $2.52B | $122.22M | $51.11M | $45.71M | $70.48M | $77.6M | $60.98M |
| Long-Term Liabilities | |||||||||||||||||||||||
| Long-Term Debt | $872.08M | $699.56M | $382.87M | $402.44M | $1.02B | $1.19B | $1.27B | $1.51B | $0 | $0 | $2.47B | $2.79B | $3.03B | $3.22B | $2.96B | $2.54B | $0 | $2.07B | $1.33B | $639.56M | $609.22M | $540.06M | $0 |
| Long-Term Unearned Revenue | $0 | $22.9M | $60.13M | $111.56M | $37.98M | $19.57M | $28.53M | $41.73M | $56.16M | $70.59M | $24.43M | $30.41M | $0 | $0 | $0 | $1.72M | $3.91M | $0 | $8.31M | $10.51M | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $136.43M | $156.58M | $200.57M | $0 | $0 | $0 | $2.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $44.6M | $27.44M | $33.65M | $52.86M | $27.39M | $181K | $603K | $15.88M | $1.69M | $2.48M | $48.2M | $8.91M | $68.18M | $187.26M | $353.59M | $304.6M | $215.2M | $421.76M | $56.54M | $35.55M | $3.33M | $3.85M | $487.37M |
| Total Long-Term Liabilities | $916.68M | $749.9M | $476.66M | $611.41M | $1.22B | $1.44B | $1.58B | $1.77B | $57.85M | $73.07M | $2.54B | $2.83B | $3.1B | $3.41B | $3.31B | $2.85B | $219.11M | $2.49B | $1.4B | $685.62M | $612.55M | $543.91M | $487.37M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.32B | $918.85M | $644.82M | $839.81M | $1.54B | $1.68B | $1.8B | $1.99B | $2.44B | $2.64B | $2.86B | $3.16B | $3.47B | $3.77B | $3.55B | $3.1B | $2.74B | $2.61B | $1.45B | $731.34M | $683.03M | $621.51M | $548.35M |
| Stockholders' Equity | |||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $183K | $190K | $194K | $203K | $207K | $204K | $248K | $2.13M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.09M | $546K | $546K | $546K | $546K | $443K | $443K | $443K |
| Retained Earnings | $3.28B | $2.84B | $2.4B | $1.89B | $1.39B | $366.65M | $213.1M | $81.85M | $114.78M | $30.88M | $397.07M | $280.06M | $283.98M | $246.46M | $351.66M | $338.22M | $440.56M | $404.48M | $390.71M | $272.83M | $171.75M | $293.5M | $0 |
| Comprehensive Income & Other | -$71.41M | -$70.43M | -$75.98M | -$74.21M | -$71.45M | -$86.67M | -$116.93M | -$118.71M | -$114.08M | -$91.16M | -$103.08M | -$139.74M | -$232.7M | -$353.27M | -$456.11M | -$436.57M | -$324.09M | -$474.51M | -$54.89M | $3.94M | -$168.52M | -$141.4M | $0 |
| Other Stockholders' Equity | $520.17M | $580.43M | $614.21M | $673.9M | $699.22M | $668.72M | $668.34M | $606.87M | $432.82M | $455.74M | $443.74M | $406.99M | $313.4M | $192.75M | $89.78M | $53.1M | -$35.52M | -$185.99M | $233.64M | $292.47M | $90.53M | $90.53M | $288.22M |
| Total Equity | $3.8B | $3.42B | $3.02B | $2.56B | $2.09B | $1.04B | $881.69M | $690.85M | $548.71M | $487.71M | $841.91M | $688.15M | $598.48M | $440.3M | $442.54M | $392.41M | $405.59M | $219.03M | $624.9M | $565.85M | $262.73M | $384.47M | $288.67M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $5.11B | $4.34B | $3.66B | $3.4B | $3.63B | $2.71B | $2.68B | $2.68B | $2.99B | $3.13B | $3.7B | $3.85B | $4.07B | $4.21B | $3.99B | $3.49B | $3.14B | $2.83B | $2.07B | $1.3B | $945.76M | $1.01B | $837.02M |
| Supplementary Data | |||||||||||||||||||||||
| Total Debt | $1.16B | $734.78M | $404.17M | $529.42M | $1.34B | $1.46B | $1.53B | $1.62B | $2.33B | $2.5B | $2.78B | $3.02B | $3.23B | $3.4B | $3B | $2.57B | $2.33B | $2.11B | $1.36B | $662.32M | $666.74M | $601.4M | $0 |
| Net Debt | $117.8M | $281.4M | $132.37M | $261.75M | $1.21B | $1.4B | $1.39B | $1.54B | $2.26B | $2.43B | $2.7B | $2.96B | $3.17B | $3.35B | $2.95B | $2.34B | $2.21B | $1.99B | $1.29B | $619.24M | $628.74M | $504.39M | $0 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Operating Activities | |||||||||||||||||||||||
| Net Income | $494.61M | $505.07M | $576.3M | $559.21M | $1.05B | $153.55M | $131.25M | -$32.94M | $83.91M | -$366.19M | $117.02M | -$3.92M | $37.52M | -$105.2M | $13.44M | -$102.34M | $36.09M | $115.24M | $215.26M | $101.08M | $122.85M | $116.46M | $59.85M |
| Depreciation & Amortization | $207.44M | $143.81M | $108.06M | $77.57M | $89.3M | $101.53M | $96.5M | $107.76M | $115.23M | $129.04M | $131.78M | $137.06M | $137.41M | $143.94M | $106.18M | $77.05M | $60.91M | $51.02M | $41.09M | $31.11M | $27.11M | -$33.79M | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$719.53M | -$2.15M | $2.58M | $100.18M | $0 | $500.06M | $34.39M | $52.91M | $5.11M | $128.79M | -$24.78M | $78.36M | $9.18M | -$9.38M | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $14.56M | $12.68M | $5.97M | $15.28M | $1.2M | $4.24M | $1.01M | $0 | $76K | $88K | $638K | $75K | $139K | $2.18M | $1.69M | $47K | $85K | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||
| Accounts Receivable | $2.04M | -$6.54M | -$21.73M | $1.48M | $786K | -$411K | $2.08M | -$2.72M | -$2.54M | -$13.21M | -$2.75M | $134K | -$4.3M | $435K | -$64K | -$380K | -$2.61M | $3.2M | -$2.15M | -$3.03M | $4.68M | -$2.77M | $0 |
| Inventory | $464K | $630K | -$8.41M | -$3.52M | -$2.07M | -$1.13M | $390K | -$43K | $2.55M | -$355K | $625K | $2.83M | $3.23M | -$1.54M | -$6.27M | -$2.27M | $417K | -$2.31M | -$1.99M | -$1.18M | $156K | -$1.09M | $0 |
| Accounts Payable | -$11.77M | $7.06M | -$390K | $5.58M | $4.52M | -$181K | $114K | -$894K | $215K | -$383K | -$971K | -$614K | -$858K | -$1.16M | $396K | $4.91M | -$4.06M | $2.33M | $1.92M | $3.59M | $501K | -$1.01M | $0 |
| Other Working Capital | -$10.26M | -$47.29M | -$71.94M | $148.41M | -$35.2M | -$1.1M | -$39.1M | -$19.98M | -$36.93M | $3.72M | -$24.05M | -$9.43M | -$9.81M | -$9.91M | -$28.21M | $13.45M | $6.84M | $945K | -$7.12M | $30.93M | $9.36M | -$4.76M | $0 |
| Total Working Capital Change | -$19.52M | -$46.14M | -$102.47M | $151.96M | -$31.96M | -$2.82M | -$36.51M | -$23.64M | -$36.7M | -$10.22M | -$27.14M | -$7.08M | -$11.73M | -$12.18M | -$34.15M | $15.71M | $588K | $4.17M | -$9.34M | $30.3M | $14.69M | -$9.64M | $0 |
| Other Non-Cash Items | -$63.55M | $4.45M | -$18.28M | $140.03M | $22.18M | $14.37M | $21.82M | $12.32M | $18.64M | $9.2M | $15.54M | $12.57M | $20.63M | $11.08M | -$3.37M | $8.34M | -$13.65M | -$25.65M | -$88.75M | -$10.92M | -$2.42M | $56.03M | $25.36M |
| Net Cash from Operating | $618.98M | $621.75M | $576.29M | $934.74M | $428.11M | $265.68M | $219.88M | $164.69M | $181.07M | $261.97M | $271.68M | $192.18M | $189.03M | $166.56M | $59.49M | $78.79M | $93.17M | $135.49M | $158.27M | $151.58M | $162.24M | $129.06M | $85.22M |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditures | -$296.69M | -$659.34M | -$268.04M | -$199.13M | -$355.72M | -$170.66M | -$21.36M | -$8.25M | -$4.48M | -$4.56M | -$1.11M | -$39.16M | -$46.84M | -$375.42M | -$644.59M | -$589.51M | -$375.22M | -$595.02M | -$963.36M | -$356.9M | -$40.54M | -$170.13M | $0 |
| Acquisitions | $1.68M | -$1.64M | $0 | $129.07M | $16.22M | $0 | $0 | $0 | $0 | -$10M | -$13.23M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$30.69M | $0 | -$74.41M | -$375.71M | -$16.22M | -$75K | $0 | $0 | $0 | -$10M | -$13.23M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $246.64M | $196.35M | $0 | $0 | $0 | $6.24M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $10.2M | $3.91M | $375.71M | $16.22M | -$75K | $0 | $0 | $6.24M | $5.18M | $1.05M | $50.6M | $52.93M | $5.63M | $0 | $1.76M | $2.31M | $83.03M | $275.77M | $26.8M | $3.73M | $15.38M | -$226.44M |
| Net Cash from Investing | -$325.7M | -$650.79M | -$338.53M | $176.57M | -$143.15M | -$170.74M | -$21.36M | -$8.25M | $1.76M | -$9.38M | -$13.29M | $11.44M | $6.09M | -$369.79M | -$644.59M | -$587.75M | -$372.91M | -$511.99M | -$687.59M | -$330.1M | -$40.54M | -$154.75M | -$226.44M |
| Financing Activities | |||||||||||||||||||||||
| Debt Repaid | -$429.91M | -$334.03M | $100.42M | $863.75M | $157.21M | $91.72M | $124.36M | $115.14M | $189.65M | $251.13M | $243.18M | $221.54M | $171.02M | -$207.94M | -$436.92M | -$228.65M | -$234.82M | -$740.76M | -$691.74M | -$117.58M | -$60.06M | -$66.41M | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $53.57M | $9.83M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $200M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$75.74M | -$53.33M | -$70.61M | -$28.55M | $0 | -$31.13M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$50K | -$384K | -$201K | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$63.55M | -$62.81M | -$60.7M | -$61.48M | -$30.89M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$101.48M | -$97.39M | -$244.59M | -$244.59M | -$20.66M | $0 |
| Other Financing Activities | $0 | -$7.28M | -$1.89M | -$19.62M | -$32.77M | -$45.6M | -$12.27M | -$33.73M | $0 | $0 | -$686K | $7.5M | -$11.57M | -$442K | -$30.29M | $188.14M | $46.63M | -$205.36M | -$44.61M | $66.02M | $3.83M | -$623K | $187.33M |
| Net Cash from Financing | $290.62M | $210.61M | -$233.62M | -$973.4M | -$220.87M | -$168.45M | -$136.62M | -$148.87M | -$189.65M | -$251.12M | -$243.86M | -$214.04M | -$182.59M | $207.5M | $406.63M | $616.74M | $281.07M | $433.72M | $549.74M | $183.6M | -$180.71M | $45.13M | $187.33M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $141.22M |
| Net Change in Cash | $583.91M | $181.57M | $4.14M | $137.91M | $64.09M | -$73.51M | $61.9M | $7.57M | -$6.82M | $1.46M | $14.52M | -$10.42M | $12.53M | $4.27M | -$178.47M | $107.78M | $1.33M | $57.23M | $20.42M | $5.08M | -$59.01M | $19.44M | $187.33M |
| Supplementary Data | |||||||||||||||||||||||
| Operating Cash Flow | $618.98M | $621.75M | $576.29M | $934.74M | $428.11M | $265.68M | $219.88M | $164.69M | $181.07M | $261.97M | $271.68M | $192.18M | $189.03M | $166.56M | $59.49M | $78.79M | $93.17M | $135.49M | $158.27M | $151.58M | $162.24M | $129.06M | $85.22M |
| Capital Expenditure | -$296.69M | -$659.34M | -$268.04M | -$199.13M | -$355.72M | -$170.66M | -$21.36M | -$8.25M | -$4.48M | -$4.56M | -$1.11M | -$39.16M | -$46.84M | -$375.42M | -$644.59M | -$589.51M | -$375.22M | -$595.02M | -$963.36M | -$356.9M | -$40.54M | -$170.13M | $0 |
| Free Cash Flow | $322.29M | -$37.59M | $308.26M | $735.61M | $72.39M | $95.02M | $198.52M | $156.44M | $176.59M | $257.41M | $270.56M | $153.02M | $142.19M | -$208.87M | -$585.1M | -$510.72M | -$282.05M | -$459.53M | -$805.09M | -$205.32M | $121.7M | -$41.07M | $85.22M |
| Cash at Beginning | $453.38M | $271.81M | $267.67M | $129.76M | $65.66M | $139.17M | $77.28M | $69.71M | $73.72M | $72.25M | $57.73M | $68.15M | $55.63M | $51.36M | $229.84M | $122.05M | $120.72M | $63.49M | $43.08M | $38M | $97.01M | $77.57M | $0 |
| Cash at End | $1.04B | $453.38M | $271.81M | $267.67M | $129.76M | $65.66M | $139.17M | $77.28M | $66.89M | $73.72M | $72.25M | $57.73M | $68.15M | $55.63M | $51.36M | $229.84M | $122.05M | $120.72M | $63.49M | $43.08M | $38M | $97.01M | $187.33M |