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| Date | Value |
|---|---|
| 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 |