EuroDry (EDRY) Asset Utilization Ratio (2018 - 2026)
EuroDry (EDRY) reported Asset Utilization Ratio of 0.27 for Q1 2026, up 2.23% on a YoY basis from 0.26 in Q1 2025, and up 5.09% quarter-over-quarter from 0.25 in Q4 2025.
EuroDry (EDRY) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
EuroDry has reported Asset Utilization Ratio for 9 years, with the latest figure at 0.27 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 2.23% year-over-year to 0.27; the trailing twelve-month figure through Mar 2026 stood at 0.27 (up 2.23% YoY), and the FY2025 full-year result was 0.26, changed N/A from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.27, up from 0.25 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.47 in Q2 2022, with the low at 0.22 in Q1 2024.
- Historically, Asset Utilization Ratio has averaged 0.31 across 5 years, with a median of 0.27 in 2026.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio jumped 87.53% — and 2023, when it slumped 39.85%.
- EuroDry's Asset Utilization Ratio stood at 0.35 in 2022, then dropped by 19.52% to 0.28 in 2023, then slipped by 8.15% to 0.26 in 2024, then retreated by 2.39% to 0.25 in 2025, then rose by 5.09% to 0.27 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.27 (Q1 2026), 0.25 (Q4 2025), and 0.24 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 0.51 |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 0.56 |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 0.72 |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 0.23 |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 0.27 |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 0.58 |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 0.21 |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 0.23 |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | EuroDry | 62.67 Mn | 43.86 Mn | 12.51 Mn | 0.27 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.25 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.24 |
| Mar 31, 2025 | 0.26 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.22 |
| Jun 30, 2023 | 0.28 |
| Mar 31, 2023 | 0.33 |
| Dec 31, 2022 | 0.35 |
| Sep 30, 2022 | 0.41 |
| Jun 30, 2022 | 0.47 |
| Mar 31, 2022 | 0.45 |
| Dec 31, 2021 | 0.41 |
| Sep 30, 2021 | 0.34 |
| Jun 30, 2021 | 0.30 |
| Mar 31, 2021 | 0.24 |
| Dec 31, 2020 | 0.21 |
| Sep 30, 2020 | 0.22 |
| Jun 30, 2020 | 0.22 |