Genco Shipping & Trading (GNK) Debt to Equity (2009 - 2026)
Genco Shipping & Trading (GNK) reported Debt to Equity of $0.36 for Q1 2026, up 293.5% year-over-year from $0.09 in Q1 2025, and up 70.74% quarter-over-quarter from $0.21 in Q4 2025.
Genco Shipping & Trading (GNK) Debt to Equity (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has 18 years of Debt to Equity data on file, last reported at $0.36 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.36, up 293.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.36 (up 293.5% YoY), and the FY2025 annual result was $0.21, up 137.87% from the prior year.
- Debt to Equity improved to $0.36 in Q1 2026 per GNK's latest filing, from $0.21 in the prior quarter.
- Over five years, Debt to Equity peaked at $0.36 in Q1 2026 and troughed at $0.08 in Q3 2024.
- A 5-year average of $0.17 and a median of $0.17 in 2022 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2022 and 2026: Debt to Equity plunged 61.29% in 2022, then surged 293.5% in 2026.
- A 5-year view of Debt to Equity shows it stood at $0.17 in 2022, then climbed by 22.02% to $0.21 in 2023, then sank by 57.42% to $0.09 in 2024, then jumped by 137.87% to $0.21 in 2025, then soared by 70.74% to $0.36 in 2026.
- Business Quant data shows GNK's Debt to Equity at $0.36 in Q1 2026, $0.21 in Q4 2025, and $0.18 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | - |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 0.27 |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 0.13 |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 0.48 |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 0.43 |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | - |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 0.69 |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | - |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Genco Shipping & Trading | 1.08 Bn | 1.08 Bn | 39.25 Mn | 0.36 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.36 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | 0.18 |
| Jun 30, 2025 | 0.10 |
| Mar 31, 2025 | 0.09 |
| Dec 31, 2024 | 0.09 |
| Sep 30, 2024 | 0.08 |
| Jun 30, 2024 | 0.10 |
| Mar 31, 2024 | 0.18 |
| Dec 31, 2023 | 0.21 |
| Sep 30, 2023 | 0.15 |
| Jun 30, 2023 | 0.16 |
| Mar 31, 2023 | 0.16 |
| Dec 31, 2022 | 0.17 |
| Sep 30, 2022 | 0.18 |
| Jun 30, 2022 | 0.19 |
| Mar 31, 2022 | 0.20 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 0.36 |
| Jun 30, 2021 | 0.46 |