KEX vs. DAC

Last updated Apr 1, 2026

Compare and contrast key facts about Kirby Corporation (KEX) and Danaos Corporation (DAC).

Performance

KEX vs. DAC - Performance Comparison

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

KEX vs. DAC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KEX Kirby Corporation	20.60%	4.14%	34.81%	21.96%	8.30%	14.64%	-42.11%	32.91%	0.84%	0.45%
DAC Danaos Corporation	20.59%	22.24%	12.41%	47.51%	-26.57%	256.10%	133.44%	-12.57%	-48.28%	-45.28%

Fundamentals

EPS KEX : $5.44 DAC : $26.91
PE Ratio KEX : 24.44 DAC : 4.19
PS Ratio KEX : 2.25 DAC : 1.99
Total Revenue (TTM) KEX : $3.31B DAC : $1.04B
Gross Profit (TTM) KEX : $856.36M DAC : $626.24M
EBITDA (TTM) KEX : $694.77M DAC : $736.66M

Returns By Period

The year-to-date returns for both stocks are quite close, with KEX having a 20.60% return and DAC slightly lower at 20.59%. Over the past 10 years, KEX has underperformed DAC with an annualized return of 8.21%, while DAC has yielded a comparatively higher 10.04% annualized return.

KEX

• 1D: -0.97%
• 1M: 2.37%
• YTD: 20.60%
• 6M: 59.23%
• 1Y: 31.55%
• 3Y*: 24.00%
• 5Y*: 17.15%
• 10Y*: 8.21%

DAC

• 1D: 2.60%
• 1M: -4.50%
• YTD: 20.59%
• 6M: 27.64%
• 1Y: 49.75%
• 3Y*: 32.51%
• 5Y*: 21.86%
• 10Y*: 10.04%

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

Return for Risk

KEX vs. DAC — Risk / Return Rank

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

KEX

KEX Risk / Return Rank: 66
KEX Sharpe Ratio Rank: 70
KEX Sortino Ratio Rank: 62
KEX Omega Ratio Rank: 71
KEX Calmar Ratio Rank: 63
KEX Martin Ratio Rank: 63

DAC

DAC Risk / Return Rank: 88
DAC Sharpe Ratio Rank: 90
DAC Sortino Ratio Rank: 88
DAC Omega Ratio Rank: 86
DAC Calmar Ratio Rank: 85
DAC Martin Ratio Rank: 90

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.

KEX vs. DAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kirby Corporation (KEX) and Danaos Corporation (DAC). 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.

	KEX	DAC	Difference
Sharpe ratio Return per unit of total volatility	0.82	1.86	-1.04
Sortino ratio Return per unit of downside risk	1.25	2.57	-1.32
Omega ratio Gain probability vs. loss probability	1.22	1.34	-0.12
Calmar ratio Return relative to maximum drawdown	0.95	2.88	-1.93
Martin ratio Return relative to average drawdown	2.27	10.63	-8.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KEX vs. DAC - Sharpe Ratio Comparison

The current KEX Sharpe Ratio is 0.82, which is lower than the DAC Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of KEX and DAC, 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

	KEX	DAC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	1.86	-1.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.60	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.23	0.15	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	-0.05	+0.25

Correlation

The correlation between KEX and DAC is 0.27, 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

KEX vs. DAC - Dividend Comparison

KEX has not paid dividends to shareholders, while DAC's dividend yield for the trailing twelve months is around 3.11%.

	TTM	2025	2024	2023	2022	2021
KEX Kirby Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DAC Danaos Corporation	3.11%	3.66%	4.06%	4.12%	5.70%	2.01%

Drawdowns

KEX vs. DAC - Drawdown Comparison

The maximum KEX drawdown since its inception was -75.42%, smaller than the maximum DAC drawdown of -99.42%. Use the drawdown chart below to compare losses from any high point for KEX and DAC.

Drawdown Indicators

	KEX	DAC	Difference
Max Drawdown Largest peak-to-trough decline	-75.42%	-99.42%	+24.00%
Max Drawdown (1Y) Largest decline over 1 year	-33.83%	-16.45%	-17.38%
Max Drawdown (5Y) Largest decline over 5 years	-38.76%	-50.14%	+11.38%
Max Drawdown (10Y) Largest decline over 10 years	-63.34%	-95.81%	+32.47%
Current Drawdown Current decline from peak	-2.54%	-71.34%	+68.80%
Average Drawdown Average peak-to-trough decline	-28.76%	-80.58%	+51.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.11%	4.45%	+9.66%

Volatility

KEX vs. DAC - Volatility Comparison

The current volatility for Kirby Corporation (KEX) is 7.94%, while Danaos Corporation (DAC) has a volatility of 9.33%. This indicates that KEX experiences smaller price fluctuations and is considered to be less risky than DAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KEX	DAC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.94%	9.33%	-1.39%
Volatility (6M) Calculated over the trailing 6-month period	21.58%	15.40%	+6.18%
Volatility (1Y) Calculated over the trailing 1-year period	38.60%	26.95%	+11.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.30%	36.45%	-4.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.01%	65.54%	-29.53%

Financials

KEX vs. DAC - Profitability Comparison

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

KEX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Kirby Corporation reported a gross profit of 223.80M and revenue of 871.16M. Therefore, the gross margin over that period was 25.7%.

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%.

KEX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Kirby Corporation reported an operating income of 126.22M and revenue of 871.16M, resulting in an operating margin of 14.5%.

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%.

KEX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Kirby Corporation reported a net income of 92.50M and revenue of 871.16M, resulting in a net margin of 10.6%.

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%.