Danaos (DAC) Times Interest Earned (2009 - 2026)
Danaos (DAC) reported Times Interest Earned of -$25.32 for Q1 2026, down 110.65% on a YoY basis from $237.78 in Q1 2025, and down 1640.92% quarter-over-quarter from $1.64 in Q4 2025.
Danaos (DAC) Times Interest Earned (2009 - 2026) Analysis & Trends
Danaos has reported Times Interest Earned for 18 years, with the latest figure at -$25.32 in Q1 2026.
- For the quarter ending Q1 2026, Times Interest Earned fell 110.65% year-over-year to -$25.32; the trailing twelve-month figure through Mar 2026 stood at $12.21 (down 31.2% YoY), and the FY2025 full-year result was $8.19, down 31.35% from the prior year.
- Times Interest Earned for Q1 2026 stood at -$25.32, down from $1.64 in the prior quarter.
- The five-year high for Times Interest Earned was $3.51 in Q4 2023, with the low at -$617.93 in Q1 2023.
- Historically, Times Interest Earned has averaged -$69.52 across 5 years, with a median of -$16.43 in 2024.
- The largest YoY upside for Times Interest Earned was 101.03% in 2023 against a maximum downside of 7449.52% in 2023.
- Danaos' Times Interest Earned stood at -$339.9 in 2022, then surged by 101.03% to $3.51 in 2023, then tumbled by 30.13% to $2.46 in 2024, then plunged by 33.07% to $1.64 in 2025, then slumped by 1640.92% to -$25.32 in 2026.
- The last three Times Interest Earned figures came in at -$25.32 (Q1 2026), $1.64 (Q4 2025), and -$25.88 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | -2,842.87 |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | -23.85 |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 38.38 |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -8.49 |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 0.60 |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 0.16 |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | -5.13 |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | -9.34 |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Danaos | 995,900.69 | -875.21 Mn | 203.71 Mn | -25.32 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -25.32 |
| Dec 31, 2025 | 1.64 |
| Sep 30, 2025 | -25.88 |
| Jun 30, 2025 | -12.93 |
| Mar 31, 2025 | -12.02 |
| Dec 31, 2024 | 2.46 |
| Sep 30, 2024 | -16.43 |
| Jun 30, 2024 | -27.42 |
| Mar 31, 2024 | -24.11 |
| Dec 31, 2023 | 3.51 |
| Sep 30, 2023 | -34.04 |
| Jun 30, 2023 | -25.10 |
| Mar 31, 2023 | -617.93 |
| Dec 31, 2022 | -339.90 |
| Sep 30, 2022 | -10.41 |
| Jun 30, 2022 | -9.75 |
| Mar 31, 2022 | -8.18 |
| Dec 31, 2021 | -41.48 |
| Sep 30, 2021 | -6.20 |
| Jun 30, 2021 | -4.00 |