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) Debt Ratio (2009 - 2026)

Genco Shipping & Trading's (GNK) quarterly Debt Ratio came in at 0.25 in Q2 2026, up 183.43% year-over-year from 0.09 in Q2 2025, and down 0.57% quarter-over-quarter from 0.25 in Q1 2026.

Analysis

Genco Shipping & Trading (GNK) Debt Ratio (2009 - 2026) Analysis & Trends

Genco Shipping & Trading (GNK) has reported Debt Ratio for 18 consecutive years, with 0.25 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Debt Ratio rose 183.43% year-over-year to 0.25 in Q2 2026; TTM through Jun 2026 was 0.25, a 183.43% increase from a year earlier, with the FY2025 full-year figure at 0.17, up 113.6% from the prior year.
  • Debt Ratio was 0.25 for Q2 2026 at Genco Shipping & Trading, down from 0.25 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.25 in Q1 2026 and troughed at 0.07 in Q3 2024.
  • A 5-year average of 0.14 and a median of 0.14 in 2022 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio sank 53.3% in 2024 and soared 220.03% in 2026, its largest moves.
  • Over 5 years, Debt Ratio stood at 0.14 in 2022, then increased by 18.49% to 0.17 in 2023, then slumped by 53.3% to 0.08 in 2024, then surged by 113.6% to 0.17 in 2025, then jumped by 52.47% to 0.25 in 2026.
  • The last three Debt Ratio figures came in at 0.25 (Q2 2026), 0.25 (Q1 2026), and 0.17 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - 0.42
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn 0.17
3 Matson 6.76 Bn 6.64 Bn - 0.08
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn 0.23
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn 0.31
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn -
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn 0.16
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 0.28
10 Genco Shipping & Trading 1.17 Bn 1.17 Bn 92.30 Mn 0.25
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.25
Mar 31, 2026 0.25
Dec 31, 2025 0.17
Sep 30, 2025 0.14
Jun 30, 2025 0.09
Mar 31, 2025 0.08
Dec 31, 2024 0.08
Sep 30, 2024 0.07
Jun 30, 2024 0.09
Mar 31, 2024 0.14
Dec 31, 2023 0.17
Sep 30, 2023 0.13
Jun 30, 2023 0.13
Mar 31, 2023 0.14
Dec 31, 2022 0.14
Sep 30, 2022 0.14
Jun 30, 2022 0.15
Mar 31, 2022 0.16
Dec 31, 2021 0.20
Sep 30, 2021 0.25