C3is (CISS) Asset Utilization Ratio (2023 - 2026)

C3is (CISS) posted quarterly Asset Utilization Ratio of 0.51 for Q1 2026, down 16.03% year-over-year from 0.6 in Q1 2025, and down 20.18% quarter-over-quarter from 0.64 in Q2 2025.

C3is (CISS) Asset Utilization Ratio (2023 - 2026) Analysis & Trends

C3is' Asset Utilization Ratio history runs 4 years deep, the most recent figure standing at 0.51 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio fell 16.03% year-over-year to 0.51; the TTM figure through Mar 2026 stood at 0.51 (down 16.03% YoY), while the FY2025 annual figure was 0.35, down 19.07% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.51, down from 0.64 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.66 in Q4 2024, with the low at 0.32 in Q4 2023.
  • The 4-year median for Asset Utilization Ratio is 0.46 (2024), against an average of 0.49.
  • The sharpest annual moves came in 2024 and 2026: Asset Utilization Ratio soared 104.84% in 2024, then declined 16.03% in 2026.
  • C3is' Asset Utilization Ratio stood at 0.32 in 2023, then jumped by 104.84% to 0.66 in 2024, then fell by 3.41% to 0.64 in 2025, then decreased by 20.18% to 0.51 in 2026.
  • Business Quant data shows CISS's Asset Utilization Ratio at 0.51 in Q1 2026, 0.64 in Q2 2025, and 0.6 in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Kirby 7.46 Bn 7.42 Bn 290.80 Mn 0.57
2 Matson 6.58 Bn 6.46 Bn - 0.74
3 Hafnia 3.91 Bn 3.80 Bn 152.41 Mn 0.27
4 ZIM Integrated Shipping Services 3.47 Bn 2.55 Bn 57.20 Mn 0.58
5 Star Bulk Carriers 3.37 Bn 2.87 Bn - -
6 Danaos 2.66 Bn 1.43 Bn 217.68 Mn 0.20
7 Okeanis Eco Tankers 2.45 Bn 2.23 Bn 12,231.53 Bn 0.34
8 Navios Maritime Partners 2.38 Bn 1.97 Bn 326.09 Mn 0.23
9 Costamare 1.81 Bn 1.51 Bn 185.32 Mn 0.21
10 C3is 771.12 -27.26 Mn 10.51 Mn 0.51

Historic Data

Download Data
DateValue
Mar 31, 2026 0.51
Jun 30, 2025 0.64
Mar 31, 2025 0.60
Dec 31, 2024 0.66
Sep 30, 2024 0.40
Jun 30, 2024 0.39
Mar 31, 2024 0.38
Dec 31, 2023 0.32