Danaos (DAC) Interest Expenses (2009 - 2026)

Danaos (DAC) posted Interest Expenses of $23.1 million for Q1 2026, up 1735.66% on a QoQ basis from $1.3 million in Q4 2025, and up 51.55% year-over-year from $15.2 million in Q1 2025.

Danaos (DAC) Interest Expenses (2009 - 2026) Analysis & Trends

Danaos' Interest Expenses history runs 18 years deep, the most recent figure standing at $23.1 million for Q1 2026.

  • Quarterly Interest Expenses rose 51.55% year-over-year to $23.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $28.0 million (up 409.75% YoY) and the FY2025 annual result came in at $33.6 million, up 228.13% from the prior year.
  • Interest Expenses was $23.1 million for Q1 2026 at Danaos, up from $1.3 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $35.0 million in Q4 2023 and bottomed at -$16.1 million in Q2 2022.
  • A 5-year average of $3.1 million and a median of $1.3 million in 2025 frame the typical range for Interest Expenses.
  • Annual changes were most pronounced in 2022 — Interest Expenses plunged 121.18% — and 2023, when it jumped 369.53%.
  • Danaos' Interest Expenses stood at -$13.0 million in 2022, then soared by 369.53% to $35.0 million in 2023, then plunged by 90.37% to $3.4 million in 2024, then slumped by 62.62% to $1.3 million in 2025, then soared by 1735.66% to $23.1 million in 2026.
  • Business Quant data shows DAC's Interest Expenses at $23.1 million in Q1 2026, $1.3 million in Q4 2025, and $13.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 ZIM Integrated Shipping Services 3,084,216.90 Bn 3,084,215.99 Bn 57.20 Mn -112.20 Mn
2 Danaos 37,407.52 Bn 37,406.64 Bn 203.71 Mn 23.11 Mn
3 Sfl 1,574.06 Bn 1,573.91 Bn 66.27 Mn -38.14 Mn
4 Capital Clean Energy Carriers 37.96 Bn 37.42 Bn 95.52 Mn -23.03 Mn
5 Kirby 9.76 Bn 9.69 Bn 291.34 Mn 3.48 Mn
6 Matson 6.49 Bn 6.39 Bn - 407.70 Mn
7 C3is 5.03 Bn 5.03 Bn 10.51 Mn -1,852.00
8 Hafnia 3.79 Bn 3.79 Bn 152.41 Mn -12.94 Mn
9 Intercont (Cayman) 3.29 Bn 3.29 Bn - -
10 Star Bulk Carriers 3.08 Bn 2.59 Bn 493.84 Mn 127.05 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 23.11 Mn
Mar 31, 2026 23.11 Mn
Dec 31, 2025 1.26 Mn
Dec 31, 2025 1.26 Mn
Sep 30, 2025 13.37 Mn
Sep 30, 2025 13.37 Mn
Jun 30, 2025 -9.71 Mn
Jun 30, 2025 -9.71 Mn
Mar 31, 2025 15.25 Mn
Mar 31, 2025 15.25 Mn
Dec 31, 2024 3.37 Mn
Dec 31, 2024 3.37 Mn
Sep 30, 2024 -8.01 Mn
Sep 30, 2024 -8.01 Mn
Jun 30, 2024 -5.11 Mn
Jun 30, 2024 -5.11 Mn
Mar 31, 2024 8.16 Mn
Mar 31, 2024 8.16 Mn
Dec 31, 2023 34.99 Mn
Dec 31, 2023 34.99 Mn