Globus Maritime (GLBS) Depreciation and Depletion (2010 - 2026)
Globus Maritime (GLBS) posted quarterly Depreciation and Depletion of $2.5 million for Q1 2026, little changed year-on-year from $2.5 million in Q1 2025, and down 1.83% on a QoQ basis from $2.5 million in Q4 2025.
Globus Maritime (GLBS) Depreciation and Depletion (2010 - 2026) Analysis & Trends
Globus Maritime (GLBS) has reported Depreciation and Depletion for 16 consecutive years, with $2.5 million the latest figure, recorded in Q1 2026.
- Quarterly Depreciation and Depletion changed 0.28% year-over-year to $2.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.0 million (up 34.55% YoY) and the FY2025 annual result came in at $10.0 million, up 60.55% from the prior year.
- Depreciation and Depletion fell to $2.5 million in Q1 2026 per GLBS's latest filing, from $2.5 million in the prior quarter.
- Over the last five years, Depreciation and Depletion for GLBS reached as high as $2.5 million in Q3 2025 and fell as low as $1.1 million in Q4 2023.
- A 5-year average of $1.7 million and a median of $1.4 million in 2022 frame the typical range for Depreciation and Depletion.
- Annual changes were most pronounced in 2023 — Depreciation and Depletion slipped 20.41% — and 2024, when it jumped 103.88%.
- Year by year, Depreciation and Depletion stood at $1.3 million in 2022, then decreased by 20.41% to $1.1 million in 2023, then jumped by 103.88% to $2.2 million in 2024, then increased by 16.94% to $2.5 million in 2025, then slipped by 1.83% to $2.5 million in 2026.
- According to Business Quant data, Depreciation and Depletion over the past three periods registered $2.5 million, $2.5 million, and $2.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,961,330.08 Bn | 2,961,329.16 Bn | 57.20 Mn | - |
| 2 | Danaos | 2,537.75 Bn | 2,536.87 Bn | 203.71 Mn | 40.86 Mn |
| 3 | Sfl | 1,574.72 Bn | 1,574.57 Bn | 66.27 Mn | 54.46 Mn |
| 4 | Capital Clean Energy Carriers | 1,428.60 Bn | 1,428.06 Bn | 95.52 Mn | - |
| 5 | Globus Maritime | 60.39 Bn | 60.36 Bn | 8,083.00 | 2.47 Mn |
| 6 | Kirby | 8.02 Bn | 7.94 Bn | 291.34 Mn | - |
| 7 | Matson | 6.25 Bn | 6.15 Bn | - | - |
| 8 | Intercont (Cayman) | 3.99 Bn | 3.99 Bn | - | - |
| 9 | Hafnia | 3.74 Bn | 3.62 Bn | 152.41 Mn | - |
| 10 | Star Bulk Carriers | 3.13 Bn | 2.64 Bn | 493.84 Mn | 40.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.47 Mn |
| Mar 31, 2026 | 2.47 Mn |
| Dec 31, 2025 | 2.52 Mn |
| Dec 31, 2025 | 2.52 Mn |
| Sep 30, 2025 | 2.52 Mn |
| Sep 30, 2025 | 2.52 Mn |
| Jun 30, 2025 | 2.49 Mn |
| Jun 30, 2025 | 2.49 Mn |
| Mar 31, 2025 | 2.48 Mn |
| Mar 31, 2025 | 2.48 Mn |
| Dec 31, 2024 | 2.16 Mn |
| Dec 31, 2024 | 2.16 Mn |
| Sep 30, 2024 | 1.47 Mn |
| Sep 30, 2024 | 1.47 Mn |
| Jun 30, 2024 | 1.34 Mn |
| Jun 30, 2024 | 1.34 Mn |
| Mar 31, 2024 | 1.28 Mn |
| Mar 31, 2024 | 1.28 Mn |
| Dec 31, 2023 | 1.06 Mn |
| Dec 31, 2023 | 1.06 Mn |