Genco Shipping & Trading (GNK) Asset Utilization Ratio (2010 - 2026)
Genco Shipping & Trading's Asset Utilization Ratio came in at 0.35 for Q2 2026, up 3.9% from 0.34 a year earlier and up 8.8% from the prior quarter.
Powered by 
Analysis
Genco Shipping & Trading (GNK) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, Genco Shipping & Trading's Asset Utilization Ratio was 0.31, down 19.0% from FY2024.
- Going back by year, Asset Utilization Ratio was 0.38 in FY2024 (+16.1%), 0.33 in FY2023 (-26.6%), 0.45 in FY2022 (+0.6%) and 0.45 in FY2021 (+74.5%).
- The Q2 2026 figure represents the highest quarterly Asset Utilization Ratio since Q1 2025.
- Year-over-year, Asset Utilization Ratio increased in three of the last eight quarters, with an average decline of 4.4%.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q1 2022 (growth of 75.9%), and the weakest in Q3 2023 (a decline of 28.5%).
- Business Quant data shows GNK's Asset Utilization Ratio at 0.32 (Q1 2026), 0.30 (Q4 2025) and 0.31 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | 0.36 |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | 0.33 |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | 1.26 |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | 0.18 |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | 0.28 |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | 0.98 |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | 0.83 |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | 0.98 |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | 0.76 |
| 10 | Genco Shipping & Trading | 1.09 Bn | 815.07 Mn | 92.30 Mn | 0.35 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Genco Shipping & Trading Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=GNK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "GNK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=GNK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();