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

Genco Shipping & Trading (GNK) reported Asset Utilization Ratio of 0.32 for Q1 2026, down 10.4% year-over-year from 0.36 in Q1 2025, and up 5.81% quarter-over-quarter 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.

  • Asset Utilization Ratio for Q1 2026 came in at 0.32, down 10.4% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.32 (down 10.4% YoY), and the FY2025 annual result was 0.31, down 19.0% from the prior year.
  • Asset Utilization Ratio advanced to 0.32 in Q1 2026 per GNK's latest filing, from 0.3 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.52 in Q2 2022 and troughed at 0.3 in Q4 2025.
  • A 5-year average of 0.39 and a median of 0.39 in 2024 frame the typical range for Asset Utilization Ratio.
  • The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio surged 95.93% in 2022, then retreated 28.54% in 2023.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.45 in 2022, then fell by 23.96% to 0.34 in 2023, then advanced by 17.33% to 0.4 in 2024, then declined by 24.35% to 0.3 in 2025, then gained by 5.81% to 0.32 in 2026.
  • Business Quant data shows GNK's Asset Utilization Ratio at 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 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 Genco Shipping & Trading 1.08 Bn 1.08 Bn 39.25 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 0.50
Jun 30, 2022 0.52
Mar 31, 2022 0.48
Dec 31, 2021 0.42
Sep 30, 2021 0.35
Jun 30, 2021 0.27