Genco Shipping & Trading (GNK) Asset Utilization Ratio (2010 - 2026)

Genco Shipping & Trading's (GNK) quarterly Asset Utilization Ratio came in at 0.32 in Q1 2026, down 10.4% year-on-year from 0.36 in Q1 2025, and up 5.81% on a QoQ basis from 0.3 in Q4 2025.

Genco Shipping & Trading (GNK) Asset Utilization Ratio (2010 - 2026) Analysis & Trends

Genco Shipping & Trading (GNK) has 17 years of Asset Utilization Ratio data on file, last reported at 0.32 in Q1 2026.

  • On a quarterly basis, Asset Utilization Ratio fell 10.4% year-over-year to 0.32 in Q1 2026; TTM through Mar 2026 was 0.32, a 10.4% decrease from a year earlier, with the FY2025 full-year figure at 0.31, down 19.0% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.32, up from 0.3 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for GNK reached as high as 0.45 in Q4 2022 and fell as low as 0.3 in Q4 2025.
  • Historically, Asset Utilization Ratio has averaged 0.37 across 5 years, with a median of 0.36 in 2022.
  • Across the five-year window, Asset Utilization Ratio jumped 51.25% in 2022 and fell 26.18% in 2025, its largest moves.
  • Year by year, Asset Utilization Ratio stood at 0.45 in 2022, then slipped by 23.96% to 0.34 in 2023, then increased by 17.33% to 0.4 in 2024, then decreased by 24.35% to 0.3 in 2025, then grew by 5.81% to 0.32 in 2026.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.32 in Q1 2026, 0.3 in Q4 2025, and 0.31 in Q3 2025.

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 Genco Shipping & Trading 1.10 Bn 1.10 Bn 32.77 Mn 0.32

Historic Data

Download Data
DateValue
Mar 31, 2026 0.32
Dec 31, 2025 0.30
Sep 30, 2025 0.31
Jun 30, 2025 0.34
Mar 31, 2025 0.36
Dec 31, 2024 0.40
Sep 30, 2024 0.42
Jun 30, 2024 0.39
Mar 31, 2024 0.36
Dec 31, 2023 0.34
Sep 30, 2023 0.35
Jun 30, 2023 0.39
Mar 31, 2023 0.43
Dec 31, 2022 0.45
Sep 30, 2022 0.36
Jun 30, 2022 0.38
Mar 31, 2022 0.37
Dec 31, 2021 0.31
Sep 30, 2021 0.37
Jun 30, 2021 0.30