Danaos (DAC) Interest Expenses (2009 - 2026)
Danaos' (DAC) quarterly Interest Expenses came in at -$8.1 million in Q2 2026, up 16.31% on a YoY basis from -$7.0 million in Q2 2025, and up 31.47% quarter-over-quarter from -$11.9 million in Q1 2026.
Analysis
Danaos (DAC) Interest Expenses (2009 - 2026) Analysis & Trends
Danaos (DAC) has reported Interest Expenses for 18 consecutive years, with -$8.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expenses rose 16.31% year-over-year to -$8.1 million; the trailing twelve-month figure through Jun 2026 stood at -$43.1 million (down 14.45% YoY), and the FY2025 full-year result was -$42.8 million, down 63.61% from the prior year.
- Interest Expenses rose to -$8.1 million in Q2 2026 per DAC's latest filing, from -$11.9 million in the prior quarter.
- Across five years, Interest Expenses topped out at -$3.1 million in Q1 2024 and bottomed at -$17.1 million in Q1 2022.
- Historically, Interest Expenses has averaged -$9.5 million across 5 years, with a median of -$9.1 million in 2025.
- The sharpest annual moves came in 2023 and 2025: Interest Expenses surged 73.03% in 2023, then sank 220.2% in 2025.
- Over 5 years, Interest Expenses stood at -$13.0 million in 2022, then surged by 72.62% to -$3.6 million in 2023, then plunged by 179.74% to -$9.9 million in 2024, then tumbled by 46.72% to -$14.6 million in 2025, then soared by 44.29% to -$8.1 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered -$8.1 million, -$11.9 million, and -$14.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | -35.23 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 10.98 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 1.60 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 10.56 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -10.19 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | -157.87 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | -36.10 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -107.70 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | -12.45 Mn |
| 10 | Danaos | 2.80 Bn | 1.57 Bn | 217.68 Mn | -8.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.13 Mn |
| Mar 31, 2026 | -11.86 Mn |
| Dec 31, 2025 | -14.59 Mn |
| Sep 30, 2025 | -8.54 Mn |
| Jun 30, 2025 | -9.71 Mn |
| Mar 31, 2025 | -10.00 Mn |
| Dec 31, 2024 | -9.94 Mn |
| Sep 30, 2024 | -8.01 Mn |
| Jun 30, 2024 | -5.11 Mn |
| Mar 31, 2024 | -3.12 Mn |
| Dec 31, 2023 | -3.55 Mn |
| Sep 30, 2023 | -4.31 Mn |
| Jun 30, 2023 | -5.88 Mn |
| Mar 31, 2023 | -6.72 Mn |
| Dec 31, 2022 | -12.98 Mn |
| Sep 30, 2022 | -15.97 Mn |
| Jun 30, 2022 | -16.08 Mn |
| Mar 31, 2022 | -17.11 Mn |
| Dec 31, 2021 | -17.58 Mn |
| Sep 30, 2021 | -18.09 Mn |