Danaos (DAC) Interest Expenses (2009 - 2026)
Danaos' (DAC) quarterly Interest Expenses came in at $23.1 million in Q1 2026, up 51.55% YoY from $15.2 million in Q1 2025, and up 203.17% on a QoQ basis from $7.6 million in Q4 2025.
Danaos (DAC) Interest Expenses (2009 - 2026) Analysis & Trends
Danaos (DAC) has 18 years of Interest Expenses data on file, last reported at $23.1 million in 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 $19.6 million (down 12.29% YoY) and the FY2025 annual result came in at $33.6 million, down 25.93% from the prior year.
- Interest Expenses rose to $23.1 million in Q1 2026, from $7.6 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $35.0 million in Q4 2023 to a low of -$16.0 million in Q3 2022.
- A 5-year average of $8.0 million and a median of $8.1 million in 2024 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses soared 252.49% — and 2025, when it slumped 219.89%.
- Tracing DAC's Interest Expenses over 5 years: stood at $9.9 million in 2022, then soared by 252.49% to $35.0 million in 2023, then sank by 80.28% to $6.9 million in 2024, then climbed by 10.51% to $7.6 million in 2025, then jumped by 203.17% to $23.1 million in 2026.
- The last three Interest Expenses figures came in at $23.1 million (Q1 2026), $7.6 million (Q4 2025), and -$1.5 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 232.45 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 439.00 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -49.77 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -112.20 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | 159.66 Mn |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | -30.60 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -36.51 Mn |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | -38.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.03 Mn |
| Jun 30, 2026 | 21.03 Mn |
| Mar 31, 2026 | 23.11 Mn |
| Mar 31, 2026 | 23.11 Mn |
| Dec 31, 2025 | 7.62 Mn |
| Dec 31, 2025 | 7.62 Mn |
| Sep 30, 2025 | -1.47 Mn |
| Sep 30, 2025 | -1.47 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 | 6.90 Mn |
| Dec 31, 2024 | 6.90 Mn |
| Sep 30, 2024 | -8.01 Mn |
| Sep 30, 2024 | -8.01 Mn |
| Jun 30, 2024 | 8.10 Mn |
| Jun 30, 2024 | 8.10 Mn |
| Mar 31, 2024 | 8.16 Mn |
| Mar 31, 2024 | 8.16 Mn |