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
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 |