Is Danaos Corp (DAC) Halal?

NYSE Industrials Greece $2.0B
✗ NOT HALAL
Confidence: 90/100
Danaos Corp (DAC) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 36.5% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Danaos Corp operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 36.5%
/ 30%
25.6%
/ 30%
4.6%
/ 30%
1.27%
/ 5%
✗ NOT HALAL
DJIM 36.5%
/ 33%
25.6%
/ 33%
4.6%
/ 33%
1.27%
/ 5%
✗ NOT HALAL
MSCI 16.9%
/ 33%
11.8%
/ 33%
2.1%
/ 33%
1.27%
/ 5%
✓ HALAL
S&P 36.5%
/ 33%
25.6%
/ 33%
4.6%
/ 33%
1.27%
/ 5%
✗ NOT HALAL
FTSE 16.9%
/ 33%
11.8%
/ 33%
2.1%
/ 50%
1.27%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
4.1
Forward: 6.3
EPS
$26.75
Dividend Yield
316.0%
Payout: 12.9%
P/B Ratio
0.5
EV/EBITDA
3.0
EV: $2.0B
Revenue
$1.0B
Growth: 3.1%
Beta
0.9
Average volatility
Current Ratio
3.3

Profitability

Gross Margin 69.7%
Operating Margin 45.7%
Net Margin 47.4%
Return on Equity (ROE) 13.7%
Return on Assets (ROA) 6.6%

Cash Flow & Balance Sheet

Operating Cash Flow$645M
Free Cash Flow$348M
Total Debt$1.2B
Debt-to-Equity30.4
Current Ratio3.3
Total Assets$5.1B

Price & Trading

Last Close$112.36
50-Day MA$108.13
200-Day MA$96.07
Avg Volume85K
Beta0.9
52-Week Range
$65.40
$118.83

About Danaos Corp (DAC)

CEO
Dr. John Coustas Ph.D.
Employees
4
Sector
Industrials
Industry
Marine Shipping
Country
Greece
Exchange
NYSE
Market Cap
$2.0B
Currency
USD

Danaos Corporation, through its subsidiaries, owns and operates containerships and drybulk vessels in Australia, Europe, and the United States. It operates in two segments, Container Vessels and Drybulk Vessels. The company provides seaborne transportation services by operating vessels in the containership and drybulk sectors of the shipping industry. As of December 31, 2025, it had a fleet of 75 containerships aggregating 477,230 TEUs; 27 container vessels under construction containerships aggregating 173,314 TEUs; 10 Capesize bulk carriers aggregating 1,755,000 DWT; and 2 dry bulk vessels under construction aggregating 422,000 DWT. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005. Danaos Corporation was founded in 1963 and is based in Piraeus, Greece.

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Frequently Asked Questions

Is Danaos Corp (DAC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Danaos Corp is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Danaos Corp's debt ratio?

Danaos Corp's debt ratio is 36.5% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 16.9%.

What are Danaos Corp's key financial metrics?

Danaos Corp has a market capitalization of $2.0B, trailing P/E ratio of 4.1, and revenue of $1.0B. The company maintains a gross margin of 69.7% and a net margin of 47.4%. Return on equity stands at 13.7%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.