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
DateValue
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%