Genco Shipping & Trading GNK
NYSE GNK
$26.81 -0.84 (-3.06%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Genco Shipping & Trading's (GNK) quarterly Asset Utilization Ratio came in at 0.35 in Q2 2026, up 3.92% year-over-year from 0.34 in Q2 2025, and up 8.79% quarter-over-quarter from 0.32 in Q1 2026.

Analysis

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

Genco Shipping & Trading (GNK) has reported Asset Utilization Ratio for 17 consecutive years, with 0.35 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 3.92% year-over-year to 0.35 in Q2 2026; TTM through Jun 2026 was 0.35, a 3.92% increase from a year earlier, with the FY2025 full-year figure at 0.31, down 19.0% from the prior year.
  • Asset Utilization Ratio was 0.35 for Q2 2026 at Genco Shipping & Trading, up from 0.32 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 0.37 in 2024 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio jumped 75.89% in 2022 and fell 28.54% in 2023, its largest moves.
  • Over 5 years, Asset Utilization Ratio stood at 0.45 in 2022, then declined by 23.96% to 0.34 in 2023, then gained by 17.33% to 0.4 in 2024, then dropped by 24.35% to 0.3 in 2025, then grew by 15.12% to 0.35 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.35 (Q2 2026), 0.32 (Q1 2026), and 0.3 (Q4 2025), per Business Quant data.
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 Genco Shipping & Trading 1.17 Bn 1.17 Bn 92.30 Mn 0.35
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.35
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 0.50
Dec 31, 2021 0.46
Sep 30, 2021 0.39