Danaos (DAC) Debt Ratio (2009 - 2026)

Danaos (DAC) reported Debt Ratio of 0.2 for Q1 2026, up 15.74% on a YoY basis from 0.17 in Q1 2025, and down 11.13% quarter-over-quarter from 0.23 in Q4 2025.

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

Danaos has reported Debt Ratio for 18 years, with the latest figure at 0.2 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 15.74% year-over-year to 0.2; the trailing twelve-month figure through Mar 2026 stood at 0.2 (up 15.74% YoY), and the FY2025 full-year result was 0.23, up 33.52% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.2, down from 0.23 in the prior quarter.
  • The five-year high for Debt Ratio was 0.28 in Q1 2022, with the low at 0.11 in Q4 2023.
  • Historically, Debt Ratio has averaged 0.17 across 5 years, with a median of 0.16 in 2025.
  • Annual changes were most pronounced in 2022 — Debt Ratio tumbled 58.82% — and 2024, when it soared 53.23%.
  • Danaos' Debt Ratio stood at 0.13 in 2022, then decreased by 12.69% to 0.11 in 2023, then soared by 53.23% to 0.17 in 2024, then jumped by 33.52% to 0.23 in 2025, then dropped by 11.13% to 0.2 in 2026.
  • The last three Debt Ratio figures came in at 0.2 (Q1 2026), 0.23 (Q4 2025), and 0.16 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn 0.01
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn 0.15
3 Matson 5.69 Bn 5.59 Bn - 0.07
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn 0.29
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 0.28
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn -
7 Costamare 1.93 Bn 1.42 Bn - 0.38
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn 0.19
9 Global Ship Lease 1.37 Bn 1.37 Bn - 0.23
10 Danaos 995,900.69 -875.21 Mn 203.71 Mn 0.20

Historic Data

Download Data
DateValue
Mar 31, 2026 0.20
Dec 31, 2025 0.23
Sep 30, 2025 0.16
Jun 30, 2025 0.17
Mar 31, 2025 0.17
Dec 31, 2024 0.17
Sep 30, 2024 0.16
Jun 30, 2024 0.14
Mar 31, 2024 0.12
Dec 31, 2023 0.11
Sep 30, 2023 0.12
Jun 30, 2023 0.12
Mar 31, 2023 0.12
Dec 31, 2022 0.13
Sep 30, 2022 0.23
Jun 30, 2022 0.23
Mar 31, 2022 0.28
Dec 31, 2021 0.31
Sep 30, 2021 0.32
Jun 30, 2021 0.35