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 Writedowns and Impairment (2015 - 2026)

Genco Shipping & Trading's (GNK) quarterly Asset Writedowns and Impairment came in at $1.2 million in Q2 2026, up 84.02% year-over-year from $651000.0 in Q2 2025, and up 127.32% quarter-over-quarter from $527000.0 in Q1 2026.

Analysis

Genco Shipping & Trading (GNK) Asset Writedowns and Impairment (2015 - 2026) Analysis & Trends

Genco Shipping & Trading (GNK) has reported Asset Writedowns and Impairment for 10 consecutive years, with $1.2 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Asset Writedowns and Impairment rose 84.02% year-over-year to $1.2 million in Q2 2026; TTM through Jun 2026 was $1.7 million, a 7.01% increase from a year earlier, with the FY2025 full-year figure at $651000.0, down 90.13% from the prior year.
  • Asset Writedowns and Impairment was $1.2 million for Q2 2026 at Genco Shipping & Trading, up from $527000.0 in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $28.1 million in Q3 2023 and troughed at $527000.0 in Q1 2026.
  • A 4-year average of $7.2 million and a median of $1.2 million in 2026 frame the typical range for Asset Writedowns and Impairment.
  • Across the five-year window, Asset Writedowns and Impairment plunged 96.58% in 2024 and jumped 84.02% in 2026, its largest moves.
  • Over 4 years, Asset Writedowns and Impairment stood at $13.6 million in 2023, then slumped by 92.94% to $961000.0 in 2024, then sank by 32.26% to $651000.0 in 2025, then jumped by 84.02% to $1.2 million in 2026.
  • The last three Asset Writedowns and Impairment figures came in at $1.2 million (Q2 2026), $527000.0 (Q1 2026), and $651000.0 (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Frontline 10.35 Bn 10.03 Bn -
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn
3 Matson 6.76 Bn 6.64 Bn -
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn
10 Genco Shipping & Trading 1.17 Bn 1.17 Bn 92.30 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.20 Mn
Mar 31, 2026 527,000.00
Jun 30, 2025 651,000.00
Sep 30, 2024 961,000.00
Jun 30, 2024 5.63 Mn
Dec 31, 2023 13.62 Mn
Sep 30, 2023 28.10 Mn
Dec 31, 2020 74.23 Mn
Sep 30, 2020 21.90 Mn
Mar 31, 2020 112.81 Mn
Dec 31, 2019 1.32 Mn
Sep 30, 2019 12.18 Mn
Jun 30, 2019 13.90 Mn
Jun 30, 2018 184,000.00
Mar 31, 2018 56.40 Mn
Sep 30, 2017 18.65 Mn
Jun 30, 2017 3.34 Mn
Jun 30, 2016 67.59 Mn
Mar 31, 2016 1.69 Mn
Dec 31, 2015 4.50 Mn