Danaos (DAC) Gross Margin (2009 - 2026)
Danaos (DAC) reported Gross Margin of 80.3% for Q1 2026, up 71.0% on a YoY basis from 46.96% in Q1 2025, and down 1.85% quarter-over-quarter from 81.81% in Q4 2025.
Danaos (DAC) Gross Margin (2009 - 2026) Analysis & Trends
Danaos has reported Gross Margin for 18 years, with the latest figure at 80.3% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 71.0% year-over-year to 80.3%; the trailing twelve-month figure through Mar 2026 stood at 80.14% (down 69.0% YoY), and the FY2025 full-year result was 79.97%, down 171.0% from the prior year.
- Gross Margin for Q1 2026 stood at 80.3%, down from 81.81% in the prior quarter.
- The five-year high for Gross Margin was 84.93% in Q3 2022, with the low at 78.49% in Q2 2025.
- Historically, Gross Margin has averaged 82.0% across 5 years, with a median of 82.49% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin surged 649 bps — and 2025, when it slumped 340 bps.
- Danaos' Gross Margin stood at 84.93% in 2022, then decreased by 1 bps to 83.91% in 2023, then fell by 2 bps to 82.32% in 2024, then declined by 1 bps to 81.81% in 2025, then decreased by 2 bps to 80.3% in 2026.
- The last three Gross Margin figures came in at 80.3% (Q1 2026), 81.81% (Q4 2025), and 79.96% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 78.71% |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 34.20% |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | - |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 67.88% |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 123.50% |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 4.10% |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 73.39% |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Danaos | 995,900.69 | -875.21 Mn | 203.71 Mn | 80.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 80.30% |
| Dec 31, 2025 | 81.81% |
| Sep 30, 2025 | 79.96% |
| Jun 30, 2025 | 78.49% |
| Mar 31, 2025 | 79.59% |
| Dec 31, 2024 | 82.32% |
| Sep 30, 2024 | 80.53% |
| Jun 30, 2024 | 80.88% |
| Mar 31, 2024 | 82.99% |
| Dec 31, 2023 | 83.91% |
| Sep 30, 2023 | 83.49% |
| Jun 30, 2023 | 82.66% |
| Mar 31, 2023 | 83.32% |
| Sep 30, 2022 | 84.93% |
| Jun 30, 2022 | 83.83% |
| Mar 31, 2022 | 82.96% |
| Sep 30, 2021 | 82.30% |
| Jun 30, 2021 | 77.51% |
| Mar 31, 2021 | 76.48% |
| Sep 30, 2020 | 76.74% |