DAC vs. ESEA

Last updated Apr 2, 2026

Compare and contrast key facts about Danaos Corporation (DAC) and Euroseas Ltd (ESEA).

Performance

DAC vs. ESEA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Danaos Corporation (DAC) and Euroseas Ltd (ESEA). The values are adjusted to include any dividend payments, if applicable.

DAC vs. ESEA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DAC Danaos Corporation	22.20%	22.24%	12.41%	47.51%	-26.57%	256.10%	133.44%	-12.57%	-48.28%	-45.28%
ESEA Euroseas Ltd	24.81%	140.95%	23.60%	83.39%	-21.02%	358.75%	33.42%	-27.32%	-58.82%	0.59%

Fundamentals

Market Cap DAC : $2.10B ESEA : $471.03M
EPS DAC : $26.91 ESEA : $19.64
PE Ratio DAC : 4.24 ESEA : 3.43
PS Ratio DAC : 2.01 ESEA : 2.06
PB Ratio DAC : 0.55 ESEA : 1.02
Total Revenue (TTM) DAC : $1.04B ESEA : $227.87M
Gross Profit (TTM) DAC : $626.24M ESEA : $144.75M
EBITDA (TTM) DAC : $736.66M ESEA : $170.58M

Returns By Period

In the year-to-date period, DAC achieves a 22.20% return, which is significantly lower than ESEA's 24.81% return. Over the past 10 years, DAC has underperformed ESEA with an annualized return of 10.18%, while ESEA has yielded a comparatively higher 24.59% annualized return.

DAC

• 1D: 1.34%
• 1M: -3.49%
• YTD: 22.20%
• 6M: 30.00%
• 1Y: 48.87%
• 3Y*: 33.10%
• 5Y*: 22.19%
• 10Y*: 10.18%

ESEA

• 1D: 0.78%
• 1M: -2.39%
• YTD: 24.81%
• 6M: 13.53%
• 1Y: 121.97%
• 3Y*: 87.84%
• 5Y*: 68.17%
• 10Y*: 24.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

DAC vs. ESEA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DAC

DAC Risk / Return Rank: 87
DAC Sharpe Ratio Rank: 88
DAC Sortino Ratio Rank: 86
DAC Omega Ratio Rank: 85
DAC Calmar Ratio Rank: 86
DAC Martin Ratio Rank: 91

ESEA

ESEA Risk / Return Rank: 94
ESEA Sharpe Ratio Rank: 95
ESEA Sortino Ratio Rank: 93
ESEA Omega Ratio Rank: 91
ESEA Calmar Ratio Rank: 96
ESEA Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DAC vs. ESEA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Danaos Corporation (DAC) and Euroseas Ltd (ESEA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DAC	ESEA	Difference
Sharpe ratio Return per unit of total volatility	1.83	2.82	-0.99
Sortino ratio Return per unit of downside risk	2.54	3.21	-0.67
Omega ratio Gain probability vs. loss probability	1.34	1.42	-0.08
Calmar ratio Return relative to maximum drawdown	3.15	7.10	-3.96
Martin ratio Return relative to average drawdown	11.61	15.04	-3.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DAC vs. ESEA - Sharpe Ratio Comparison

The current DAC Sharpe Ratio is 1.83, which is lower than the ESEA Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of DAC and ESEA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DAC	ESEA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	2.82	-0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	1.14	-0.53
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.16	0.26	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	-0.11	+0.07

Correlation

The correlation between DAC and ESEA is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

DAC vs. ESEA - Dividend Comparison

DAC's dividend yield for the trailing twelve months is around 3.07%, less than ESEA's 4.16% yield.

	TTM	2025	2024	2023	2022	2021
DAC Danaos Corporation	3.07%	3.66%	4.06%	4.12%	5.70%	2.01%
ESEA Euroseas Ltd	4.16%	16.23%	6.63%	6.42%	8.13%	0.00%

Drawdowns

DAC vs. ESEA - Drawdown Comparison

The maximum DAC drawdown since its inception was -99.42%, roughly equal to the maximum ESEA drawdown of -99.84%. Use the drawdown chart below to compare losses from any high point for DAC and ESEA.

Drawdown Indicators

	DAC	ESEA	Difference
Max Drawdown Largest peak-to-trough decline	-99.42%	-99.84%	+0.42%
Max Drawdown (1Y) Largest decline over 1 year	-16.45%	-18.36%	+1.91%
Max Drawdown (5Y) Largest decline over 5 years	-50.14%	-51.28%	+1.14%
Max Drawdown (10Y) Largest decline over 10 years	-95.81%	-95.54%	-0.27%
Current Drawdown Current decline from peak	-70.95%	-87.33%	+16.38%
Average Drawdown Average peak-to-trough decline	-80.57%	-85.40%	+4.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.46%	8.67%	-4.21%

Volatility

DAC vs. ESEA - Volatility Comparison

The current volatility for Danaos Corporation (DAC) is 9.10%, while Euroseas Ltd (ESEA) has a volatility of 17.94%. This indicates that DAC experiences smaller price fluctuations and is considered to be less risky than ESEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DAC	ESEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.10%	17.94%	-8.84%
Volatility (6M) Calculated over the trailing 6-month period	15.44%	32.08%	-16.64%
Volatility (1Y) Calculated over the trailing 1-year period	26.91%	43.59%	-16.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.44%	59.92%	-23.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.52%	95.56%	-30.04%

Financials

DAC vs. ESEA - Profitability Comparison

The chart below illustrates the profitability comparison between Danaos Corporation and Euroseas Ltd over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DAC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Danaos Corporation reported a gross profit of 172.70M and revenue of 266.26M. Therefore, the gross margin over that period was 64.9%.

ESEA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Euroseas Ltd reported a gross profit of 38.44M and revenue of 57.39M. Therefore, the gross margin over that period was 67.0%.

DAC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Danaos Corporation reported an operating income of 122.93M and revenue of 266.26M, resulting in an operating margin of 46.2%.

ESEA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Euroseas Ltd reported an operating income of 33.93M and revenue of 57.39M, resulting in an operating margin of 59.1%.

DAC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Danaos Corporation reported a net income of 117.91M and revenue of 266.26M, resulting in a net margin of 44.3%.

ESEA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Euroseas Ltd reported a net income of 40.49M and revenue of 57.39M, resulting in a net margin of 70.6%.