Genco Shipping & Trading (GNK) Change in Inventory (2017 - 2026)
Genco Shipping & Trading (GNK) posted quarterly Change in Inventory of -$2.3 million for Q1 2026, down 311.06% year-over-year from $1.1 million in Q1 2025, and down 163.96% quarter-over-quarter from $3.6 million in Q4 2025.
Genco Shipping & Trading (GNK) Change in Inventory (2017 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Change in Inventory for 10 consecutive years, with -$2.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Inventory fell 311.06% year-over-year to -$2.3 million; the TTM figure through Mar 2026 stood at -$478000.0 (up 93.45% YoY), while the FY2025 annual figure was $3.0 million, up 165.4% from the prior year.
- Change in Inventory fell to -$2.3 million in Q1 2026 per GNK's latest filing, from $3.6 million in the prior quarter.
- Across five years, Change in Inventory topped out at $8.4 million in Q2 2022 and bottomed at -$10.6 million in Q4 2022.
- Historically, Change in Inventory has averaged -$100235.3 across 5 years, with a median of $441000.0 in 2022.
- Annual changes were most pronounced in 2022 — Change in Inventory plunged 1358.03% — and 2023, when it surged 944.22%.
- Genco Shipping & Trading's Change in Inventory stood at -$10.6 million in 2022, then jumped by 92.27% to -$818000.0 in 2023, then slumped by 228.12% to -$2.7 million in 2024, then surged by 235.62% to $3.6 million in 2025, then tumbled by 163.96% to -$2.3 million in 2026.
- Business Quant data shows GNK's Change in Inventory at -$2.3 million in Q1 2026, $3.6 million in Q4 2025, and $1.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | - |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 9.21 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -38.80 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 12.88 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | -5.31 Mn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | - |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 1.81 Mn |
| 10 | Genco Shipping & Trading | 1.15 Bn | 1.15 Bn | 92.30 Mn | 2.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.69 Mn |
| Jun 30, 2026 | 2.69 Mn |
| Mar 31, 2026 | -2.33 Mn |
| Mar 31, 2026 | -2.33 Mn |
| Dec 31, 2025 | 3.64 Mn |
| Dec 31, 2025 | 3.64 Mn |
| Sep 30, 2025 | 1.07 Mn |
| Sep 30, 2025 | 1.07 Mn |
| Jun 30, 2025 | -2.86 Mn |
| Jun 30, 2025 | -2.86 Mn |
| Mar 31, 2025 | 1.10 Mn |
| Mar 31, 2025 | 1.10 Mn |
| Dec 31, 2024 | -2.68 Mn |
| Dec 31, 2024 | -2.68 Mn |
| Sep 30, 2024 | 511,000.00 |
| Sep 30, 2024 | 511,000.00 |
| Jun 30, 2024 | -6.23 Mn |
| Jun 30, 2024 | -6.23 Mn |
| Mar 31, 2024 | 3.89 Mn |
| Mar 31, 2024 | 3.89 Mn |