KEX vs. DAC
KEX (Kirby Corporation) and DAC (Danaos Corporation) are both stocks. Both operate in the Marine Shipping industry within the Industrials sector. Over the past 10 years, KEX returned 9.59%/yr vs 11.24%/yr for DAC. Their 0.27 correlation means their historical movements had little consistent relationship.
Performance
KEX vs. DAC - Performance Comparison
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Returns By Period
In the year-to-date period, KEX achieves a 19.02% return, which is significantly lower than DAC's 53.76% return. Over the past 10 years, KEX has underperformed DAC with an annualized return of 9.59%, while DAC has yielded a comparatively higher 11.24% annualized return.
KEX
- 1D
- -0.91%
- 1M
- 1.00%
- 6M
- 11.46%
- YTD
- 19.02%
- 1Y
- 37.32%
- 3Y*
- 17.22%
- 5Y*
- 17.76%
- 10Y*
- 9.59%
- ALL TIME*
- 7.05%
DAC
- 1D
- -0.31%
- 1M
- 16.61%
- 6M
- 39.98%
- YTD
- 53.76%
- 1Y
- 61.71%
- 3Y*
- 32.04%
- 5Y*
- 20.78%
- 10Y*
- 11.24%
- ALL TIME*
- -1.68%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $16.19M | $14.24M | $12.93M | |
| $81.47M | $91.24M | $86.63M |
KEX vs. DAC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KEX Kirby Corporation | 19.02% | 4.14% | 34.81% | 21.96% | 8.30% | 14.64% | -42.11% | 32.91% | 0.84% | 0.45% |
DAC Danaos Corporation | 53.76% | 22.24% | 12.41% | 47.51% | -26.57% | 256.10% | 133.44% | -12.57% | -48.28% | -45.28% |
Correlation
The correlation between KEX and DAC is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.32 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.28 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2006 | 0.27 |
Fundamentals
KEX:
$7.02B
DAC:
$2.58B
KEX:
$6.56
DAC:
$28.37
KEX:
19.99
DAC:
4.99
KEX:
2.10
DAC:
2.49
KEX:
$3.42B
DAC:
$1.04B
KEX:
$891.16M
DAC:
$705.76M
KEX:
$790.45M
DAC:
$739.01M
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Return for Risk
KEX vs. DAC — Risk / Return Rank
KEX
DAC
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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KEX | DAC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.57 | ||
| Sortino ratioReturn per unit of downside risk | -1.96 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.45 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 4.85 | -3.11 |
| Martin ratioReturn relative to average drawdown | 4.64 | 14.30 | -9.66 |
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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.
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Drawdown Indicators
| KEX | DAC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.42% | -99.42% | +24.00% |
Max Drawdown (1Y)Largest decline over 1 year | -21.74% | -12.58% | -9.16% |
Max Drawdown (3Y)Largest decline over 3 years | -38.76% | -28.87% | -9.89% |
Max Drawdown (5Y)Largest decline over 5 years | -38.76% | -50.14% | +11.38% |
Max Drawdown (10Y)Largest decline over 10 years | -63.34% | -95.40% | +32.06% |
Current DrawdownCurrent decline from peak | -14.06% | -63.45% | +49.39% |
Average DrawdownAverage peak-to-trough decline | -28.54% | -80.34% | +51.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.12% | 4.25% | +3.87% |
Volatility
KEX vs. DAC - Volatility Comparison
Kirby Corporation (KEX) has a higher volatility of 13.42% compared to Danaos Corporation (DAC) at 7.79%. This indicates that KEX's price experiences larger fluctuations and is considered to be riskier than DAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KEX | DAC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.42% | 7.79% | +5.63% |
Volatility (6M)Calculated over the trailing 6-month period | 20.48% | 17.78% | +2.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.01% | 21.72% | +15.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.15% | 33.33% | -1.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.84% | 64.21% | -28.37% |
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 3.14%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
DAC Danaos Corporation | 3.14% | 3.66% | 4.06% | 4.12% | 5.70% | 2.01% |
KEX Kirby Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
KEX vs. DAC - Financials Comparison
This section allows you to compare key financial metrics between Kirby Corporation and Danaos Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
KEX vs. DAC - Profitability Comparison
KEX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Kirby Corporation reported a gross profit of 217.33M and revenue of 844.10M. Therefore, the gross margin over that period was 25.8%.
DAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Danaos Corporation reported a gross profit of 150.55M and revenue of 253.70M. Therefore, the gross margin over that period was 59.3%.
KEX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Kirby Corporation reported an operating income of 106.22M and revenue of 844.10M, resulting in an operating margin of 12.6%.
DAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Danaos Corporation reported an operating income of 125.20M and revenue of 253.70M, resulting in an operating margin of 49.4%.
KEX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Kirby Corporation reported a net income of 81.20M and revenue of 844.10M, resulting in a net margin of 9.6%.
DAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Danaos Corporation reported a net income of 140.42M and revenue of 253.70M, resulting in a net margin of 55.4%.
Frequently Asked Questions
KEX and DAC have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KEX has higher volatility (13.42%) compared to DAC (7.79%). In terms of maximum drawdown, KEX dropped -75.42% vs DAC's -99.42%.
DAC currently has the higher Sharpe Ratio (2.81 vs 1.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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