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
DateValue
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