Danaos (DAC) Tax Rate (2021 - 2022)
Danaos' (DAC) quarterly Tax Rate came in at 5.34% in Q3 2022, down 349.0% on a YoY basis from 2.15% in Q3 2021, and up 75.23% quarter-over-quarter from 21.57% in Q2 2022.
Analysis
Danaos (DAC) Tax Rate (2021 - 2022) Analysis & Trends
Danaos (DAC) has reported Tax Rate for 2 consecutive years, with 5.34% the latest figure, recorded in Q3 2022.
- For the quarter ending Q3 2022, Tax Rate fell 349.0% year-over-year to 5.34%; the trailing twelve-month figure through Dec 2022 stood at 3.16% (changed N/A YoY), and the FY2022 full-year result was 3.16%, down 260.0% from the prior year.
- Tax Rate grew to 5.34% in Q3 2022 per DAC's latest filing, from 21.57% in the prior quarter.
- Across five years, Tax Rate topped out at 1.07% in Q4 2021 and bottomed at 21.57% in Q2 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | -0.08% |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 24.16% |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 21.05% |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 0.00% |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | -0.51% |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | -0.27% |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | - |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 5.60% |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | - |
| 10 | Danaos | 2.80 Bn | 1.57 Bn | 217.68 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | -5.34% |
| Jun 30, 2022 | -21.57% |
| Mar 31, 2022 | -3.56% |
| Dec 31, 2021 | -1.07% |
| Sep 30, 2021 | -1.85% |