Danaos (DAC) Convertible Debt (2009 - 2026)

Danaos (DAC) reported Convertible Debt of $1.1 billion for Q1 2026, up 47.01% on a YoY basis from $779.7 million in Q1 2025, and down 11.7% quarter-over-quarter from $1.3 billion in Q3 2025.

Danaos (DAC) Convertible Debt (2009 - 2026) Analysis & Trends

Danaos has reported Convertible Debt for 15 years, with the latest figure at $1.1 billion in Q1 2026.

  • For the quarter ending Q1 2026, Convertible Debt rose 47.01% year-over-year to $1.1 billion; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (up 47.01% YoY), and the FY2024 full-year result was $788.5 million, changed N/A from the prior year.
  • Convertible Debt for Q1 2026 stood at $1.1 billion, down from $1.3 billion in the prior quarter.
  • The five-year high for Convertible Debt was $1.3 billion in Q3 2025, with the low at $521.6 million in Q1 2024.
  • Historically, Convertible Debt has averaged $849.5 million across 4 years, with a median of $779.7 million in 2025.
  • The largest YoY upside for Convertible Debt was 72.51% in 2025 against a maximum downside of 21.74% in 2025.
  • Danaos' Convertible Debt stood at $955.2 million in 2022, then slipped by 17.45% to $788.5 million in 2024, then surged by 64.62% to $1.3 billion in 2025, then decreased by 11.7% to $1.1 billion in 2026.
  • The last three Convertible Debt figures came in at $1.1 billion (Q1 2026), $1.3 billion (Q3 2025), and $770.3 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn
3 Matson 5.69 Bn 5.59 Bn -
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn
7 Costamare 1.93 Bn 1.42 Bn -
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn -
10 Danaos 995,900.69 -875.21 Mn 203.71 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.15 Bn
Sep 30, 2025 1.30 Bn
Jun 30, 2025 770.33 Mn
Mar 31, 2025 779.74 Mn
Dec 31, 2024 788.55 Mn
Sep 30, 2024 752.48 Mn
Jun 30, 2024 632.77 Mn
Mar 31, 2024 521.64 Mn
Sep 30, 2022 955.23 Mn
Mar 31, 2021 1.73 Bn
Dec 31, 2020 1.51 Bn
Dec 31, 2018 1.62 Bn
Sep 30, 2018 1.65 Bn
Dec 31, 2017 2.33 Bn
Sep 30, 2017 2.37 Bn
Dec 31, 2016 2.50 Bn
Sep 30, 2014 3.06 Bn
Mar 31, 2014 3.17 Bn
Dec 31, 2013 3.23 Bn
Sep 30, 2013 3.28 Bn