Danaos (DAC) Interest Expenses (2009 - 2026)
Danaos (DAC) reported Interest Expenses of -$4.9 million for Q1 2026, up 50.57% on a YoY basis from -$3.3 million in Q1 2025, and down 106.92% quarter-over-quarter from $71.4 million in Q4 2025.
Danaos (DAC) Interest Expenses (2009 - 2026) Analysis & Trends
Danaos has reported Interest Expenses for 18 years, with the latest figure at -$4.9 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 50.57% year-over-year to -$4.9 million; the trailing twelve-month figure through Mar 2026 stood at $48.2 million (up 64.47% YoY), and the FY2025 full-year result was $60.9 million, up 34.33% from the prior year.
- Interest Expenses for Q1 2026 stood at -$4.9 million, down from $71.4 million in the prior quarter.
- The five-year high for Interest Expenses was $71.4 million in Q4 2025, with the low at -$17.1 million in Q1 2022.
- Historically, Interest Expenses has averaged $2.9 million across 5 years, with a median of -$5.8 million in 2024.
- Annual changes were most pronounced in 2023 — Interest Expenses jumped 8483.04% — and 2024, when it plunged 2230.0%.
- Danaos' Interest Expenses stood at -$448000.0 in 2022, then jumped by 8483.04% to $37.6 million in 2023, then surged by 39.67% to $52.5 million in 2024, then soared by 36.19% to $71.4 million in 2025, then plunged by 106.92% to -$4.9 million in 2026.
- The last three Interest Expenses figures came in at -$4.9 million (Q1 2026), $71.4 million (Q4 2025), and -$8.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | -1,852.00 |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 11.22 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 1.60 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -12.94 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 127.05 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -112.20 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | -18.95 Mn |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | -30.60 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Danaos | 995,900.69 | -875.21 Mn | 203.71 Mn | -4.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.94 Mn |
| Mar 31, 2026 | -4.94 Mn |
| Dec 31, 2025 | 71.44 Mn |
| Dec 31, 2025 | 71.44 Mn |
| Sep 30, 2025 | -8.54 Mn |
| Sep 30, 2025 | -8.54 Mn |
| Jun 30, 2025 | -9.71 Mn |
| Jun 30, 2025 | -9.71 Mn |
| Mar 31, 2025 | -10.00 Mn |
| Mar 31, 2025 | -10.00 Mn |
| Dec 31, 2024 | 52.46 Mn |
| Dec 31, 2024 | 52.46 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 | -5.83 Mn |
| Mar 31, 2024 | -5.83 Mn |
| Dec 31, 2023 | 37.56 Mn |
| Dec 31, 2023 | 37.56 Mn |