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| Date | Value |
|---|---|
| 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 |