Danaos Debt-to-Equity Ratio Growth & History (DAC)
Danaos's debt-to-equity ratio was 0.30 for fiscal 2025.
View full Danaos company overviewDanaos annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.30 | 0.09 | +41.85% |
| 2024 | 2024-12-31 | 0.21 | 0.08 | +60.12% |
| 2023 | 2023-12-31 | 0.13 | −0.03 | −20.20% |
| 2022 | 2022-12-31 | 0.17 | −0.37 | −68.52% |
| 2021 | 2021-12-31 | 0.53 | −0.76 | −58.87% |
| 2020 | 2020-12-31 | 1.30 | −0.28 | −17.76% |
| 2019 | 2019-12-31 | 1.58 | −0.77 | −32.83% |
| 2018 | 2018-12-31 | 2.35 | −1.90 | −44.70% |
| 2017 | 2017-12-31 | 4.25 | −0.89 | −17.34% |
| 2016 | 2016-12-31 | 5.14 | 1.88 | +57.79% |
| 2015 | 2015-12-31 | 3.25 | −1.03 | −24.10% |
| 2014 | 2014-12-31 | 4.29 | −0.91 | −17.53% |
| 2013 | 2013-12-31 | 5.20 | −2.12 | −28.95% |
| 2012 | 2012-12-31 | 7.32 | 0.53 | +7.88% |
| 2011 | 2011-12-31 | 6.78 | 0.25 | +3.77% |
| 2010 | 2010-12-31 | 6.54 | — | — |
Danaos quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.30 | 0.09 | +40.85% |
| Q1 2026 | 2026-03-31 | 0.26 | — | — |
| Q4 2025 | 2025-12-31 | 0.30 | 0.09 | +41.85% |
| Q3 2025 | 2025-09-30 | 0.20 | — | — |
| Q2 2025 | 2025-06-30 | 0.21 | 0.04 | +21.88% |
| Q4 2024 | 2024-12-31 | 0.21 | 0.08 | +60.12% |
| Q2 2024 | 2024-06-30 | 0.17 | 0.02 | +16.27% |
| Q4 2023 | 2023-12-31 | 0.13 | −0.03 | −20.20% |
| Q2 2023 | 2023-06-30 | 0.15 | −0.21 | −58.58% |
| Q4 2022 | 2022-12-31 | 0.17 | −0.37 | −68.52% |
| Q2 2022 | 2022-06-30 | 0.36 | −0.30 | −45.44% |
| Q4 2021 | 2021-12-31 | 0.53 | −0.76 | −58.87% |
| Q2 2021 | 2021-06-30 | 0.66 | −0.77 | −53.91% |
| Q4 2020 | 2020-12-31 | 1.30 | −0.28 | −17.76% |
| Q2 2020 | 2020-06-30 | 1.44 | −0.46 | −24.28% |
| Q4 2019 | 2019-12-31 | 1.58 | −0.77 | −32.83% |
| Q2 2019 | 2019-06-30 | 1.90 | −2.09 | −52.45% |
| Q4 2018 | 2018-12-31 | 2.35 | −1.90 | −44.70% |
| Q2 2018 | 2018-06-30 | 3.99 | −0.89 | −18.22% |
| Q4 2017 | 2017-12-31 | 4.25 | −0.89 | −17.34% |
| Q2 2017 | 2017-06-30 | 4.87 | 2.04 | +71.71% |
| Q4 2016 | 2016-12-31 | 5.14 | 1.88 | +57.79% |
| Q2 2016 | 2016-06-30 | 2.84 | −0.85 | −22.96% |
| Q4 2015 | 2015-12-31 | 3.25 | −1.03 | −24.10% |
| Q2 2015 | 2015-06-30 | 3.68 | −0.82 | −18.23% |
| Q4 2014 | 2014-12-31 | 4.29 | −0.91 | −17.53% |
| Q2 2014 | 2014-06-30 | 4.51 | −1.44 | −24.25% |
| Q4 2013 | 2013-12-31 | 5.20 | −2.12 | −28.95% |
| Q2 2013 | 2013-06-30 | 5.95 | −0.61 | −9.35% |
| Q4 2012 | 2012-12-31 | 7.32 | 0.53 | +7.88% |
| Q2 2012 | 2012-06-30 | 6.56 | — | — |
| Q4 2011 | 2011-12-31 | 6.78 | — | — |
Danaos debt-to-equity ratio trends
Over the last five fiscal years, Danaos's debt-to-equity ratio decreased from 1.30 to 0.30, a change of −0.99. The latest reported quarter, Q2 2026, shows 0.30.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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