Danaos (DAC) Interest Coverage Ratio (2009 - 2026)
Danaos (DAC) posted Interest Coverage Ratio of 9.51 for Q1 2026, down 95.84% on a QoQ basis from 228.5 in Q4 2025, and up 20.56% year-over-year from 7.89 in Q1 2025.
Danaos (DAC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Danaos' Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 9.51 for Q1 2026.
- Quarterly Interest Coverage Ratio rose 20.56% year-over-year to 9.51 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 31.93 (down 66.27% YoY) and the FY2025 annual result came in at 14.87, up 171.97% from the prior year.
- Interest Coverage Ratio was 9.51 for Q1 2026 at Danaos, down from 228.5 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 228.5 in Q4 2025 and bottomed at 34.04 in Q3 2023.
- A 5-year average of 11.66 and a median of 3.77 in 2023 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio plunged 388.05% — and 2024, when it soared 913.71%.
- Danaos' Interest Coverage Ratio stood at 10.77 in 2022, then surged by 135.04% to 3.77 in 2023, then surged by 913.71% to 38.24 in 2024, then soared by 497.57% to 228.5 in 2025, then slumped by 95.84% to 9.51 in 2026.
- Business Quant data shows DAC's Interest Coverage Ratio at 9.51 in Q1 2026, 228.5 in Q4 2025, and 19.61 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | 0.16 |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 9.51 |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | 1.66 |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | -4.00 |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | -0.01 |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 37.26 |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | 0.15 |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | -8.49 |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | Star Bulk Carriers | 3.12 Bn | 2.63 Bn | 493.84 Mn | 7.13 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.51 |
| Dec 31, 2025 | 228.50 |
| Sep 30, 2025 | 19.61 |
| Jun 30, 2025 | -12.93 |
| Mar 31, 2025 | 7.89 |
| Dec 31, 2024 | 38.24 |
| Sep 30, 2024 | -16.43 |
| Jun 30, 2024 | -27.42 |
| Mar 31, 2024 | 17.22 |
| Dec 31, 2023 | 3.77 |
| Sep 30, 2023 | -34.04 |
| Jun 30, 2023 | -25.10 |
| Mar 31, 2023 | 13.39 |
| Dec 31, 2022 | -10.77 |
| Sep 30, 2022 | -10.41 |
| Jun 30, 2022 | -9.75 |
| Mar 31, 2022 | 6.96 |
| Dec 31, 2021 | 3.74 |
| Sep 30, 2021 | -6.20 |
| Jun 30, 2021 | -4.00 |