Euroseas (ESEA) Asset Utilization Ratio (2009 - 2026)
Euroseas (ESEA) posted quarterly Asset Utilization Ratio of 0.39 for Q1 2026, up 42.2% year-on-year from 0.27 in Q1 2025, and down 3.55% on a QoQ basis from 0.4 in Q4 2025.
Euroseas (ESEA) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Euroseas (ESEA) has reported Asset Utilization Ratio for 18 consecutive years, with 0.39 the latest figure, recorded in Q1 2026.
- Quarterly Asset Utilization Ratio rose 42.2% year-over-year to 0.39 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.39 (up 42.2% YoY) and the FY2025 annual result came in at 0.35, down 15.82% from the prior year.
- Asset Utilization Ratio eased to 0.39 in Q1 2026 per ESEA's latest filing, from 0.4 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for ESEA reached as high as 0.59 in Q2 2022 and fell as low as 0.27 in Q4 2024.
- A 5-year average of 0.43 and a median of 0.44 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio plunged 40.2% — and 2025, when it soared 48.14%.
- Year by year, Asset Utilization Ratio stood at 0.56 in 2022, then retreated by 19.14% to 0.45 in 2023, then tumbled by 40.2% to 0.27 in 2024, then soared by 47.78% to 0.4 in 2025, then slipped by 3.55% to 0.39 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.39, 0.4, and 0.41 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | 0.58 |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 0.20 |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | 0.19 |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | 0.10 |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | -105.91 |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 0.56 |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | 0.72 |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | 0.27 |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | Euroseas | 529.22 Mn | 529.22 Mn | 55.67 Mn | 0.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.39 |
| Dec 31, 2025 | 0.40 |
| Sep 30, 2025 | 0.41 |
| Jun 30, 2025 | 0.33 |
| Mar 31, 2025 | 0.27 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.27 |
| Jun 30, 2024 | 0.40 |
| Mar 31, 2024 | 0.44 |
| Dec 31, 2023 | 0.45 |
| Sep 30, 2023 | 0.46 |
| Jun 30, 2023 | 0.47 |
| Mar 31, 2023 | 0.52 |
| Dec 31, 2022 | 0.56 |
| Sep 30, 2022 | 0.58 |
| Jun 30, 2022 | 0.59 |
| Mar 31, 2022 | 0.54 |
| Dec 31, 2021 | 0.55 |
| Sep 30, 2021 | 0.58 |
| Jun 30, 2021 | 0.51 |