Globus Maritime (GLBS) Asset Utilization Ratio (2011 - 2026)
Globus Maritime's (GLBS) quarterly Asset Utilization Ratio came in at 0.18 in Q2 2026, up 58.06% on a YoY basis from 0.11 in Q2 2025, and up 9.61% quarter-over-quarter from 0.17 in Q1 2026.
Analysis
Globus Maritime (GLBS) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Globus Maritime (GLBS) has reported Asset Utilization Ratio for 15 consecutive years, with 0.18 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio rose 58.06% year-over-year to 0.18; the trailing twelve-month figure through Jun 2026 stood at 0.18 (up 58.06% YoY), and the FY2025 full-year result was 0.14, up 14.84% from the prior year.
- Asset Utilization Ratio improved to 0.18 in Q2 2026 per GLBS's latest filing, from 0.17 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.34 in Q2 2022 and bottomed at 0.11 in Q1 2025.
- Historically, Asset Utilization Ratio has averaged 0.18 across 5 years, with a median of 0.15 in 2023.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio soared 162.15% in 2022, then tumbled 56.98% in 2023.
- Over 5 years, Asset Utilization Ratio stood at 0.27 in 2022, then sank by 51.02% to 0.13 in 2023, then decreased by 13.5% to 0.12 in 2024, then jumped by 31.69% to 0.15 in 2025, then advanced by 18.43% to 0.18 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.18, 0.17, and 0.15 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 0.47 |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 0.57 |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 0.74 |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 0.43 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 0.38 |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 0.28 |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 0.61 |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 0.32 |
| 10 | Globus Maritime | 73.62 Mn | 43.85 Mn | 9.87 Mn | 0.18 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.18 |
| Mar 31, 2026 | 0.17 |
| Dec 31, 2025 | 0.15 |
| Sep 30, 2025 | 0.13 |
| Jun 30, 2025 | 0.11 |
| Mar 31, 2025 | 0.11 |
| Dec 31, 2024 | 0.12 |
| Sep 30, 2024 | 0.12 |
| Jun 30, 2024 | 0.13 |
| Mar 31, 2024 | 0.13 |
| Dec 31, 2023 | 0.13 |
| Sep 30, 2023 | 0.14 |
| Jun 30, 2023 | 0.18 |
| Mar 31, 2023 | 0.23 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.33 |
| Jun 30, 2022 | 0.34 |
| Mar 31, 2022 | 0.30 |
| Dec 31, 2021 | 0.24 |
| Sep 30, 2021 | 0.17 |