Danaos
DAC
$73.91
Share price
-0.57%
Change (1 day)
26.19%
Change (1 year)
Operating Margin for Danaos (DAC)
Operating Margin as of April 2024 (TTM): 0.00%
According to Danaos's latest financial reports and stock price the company's current Operating Margin is 0.00%. At the end of 2021 the company had an Operating Margin of 153.55%.
Operating Margin history for Danaos from 2004 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 153.55% | 361.59% |
| 2020 | 33.27% | 13.35% |
| 2019 | 29.35% | -508.75% |
| 2018 | -7.18% | -138.65% |
| 2017 | 18.57% | -125.28% |
| 2016 | -73.48% | -456.65% |
| 2015 | 20.60% | -3001.82% |
| 2014 | -0.71% | -111.13% |
| 2013 | 6.38% | -135.72% |
| 2012 | -17.86% | -140.74% |
| 2011 | 43.84% | 0% |
| 2010 | 43.84% | 2.91% |
| 2009 | 42.60% | -14.53% |
| 2008 | 49.84% | 0.23% |
| 2007 | 49.72% | -17.49% |
| 2006 | 60.26% | 1.23% |
| 2005 | 59.52% | -1.25% |
| 2004 | 60.28% | -39.72% |
| 2003 | 100.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Euroseas ESEA | 45.75% | N/A | 🇬🇷 Greece |
 Diana Shipping DSX | 41.05% | N/A | 🇬🇷 Greece |
 Navios Maritime Partners NMM | 71.68% | N/A | 🇲🇨 Monaco |
 Navios Maritime Holdings NM | 16.50% | N/A | 🇲🇨 Monaco |
 Costamare
CMRE | 63.87% | N/A | 🇲🇨 Monaco |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.